Nov (NOV) Return on Capital Employed (2009 - 2026)

Nov's (NOV) quarterly Return on Capital Employed came in at 4.37% in Q1 2026, down 511.0% year-on-year from 1.06% in Q1 2025, and down 21.19% quarter-over-quarter from 5.55% in Q4 2025.

Nov (NOV) Return on Capital Employed (2009 - 2026) Analysis & Trends

Nov has disclosed Return on Capital Employed across 18 years of filings, most recently posting 4.37% for Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 4.37%, down 511.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.37% (down 511.0% YoY), and the FY2025 annual result was 5.54%, down 422.0% from the prior year.
  • Return on Capital Employed came in at 4.37% for Q1 2026 at Nov, down from 5.55% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 9.69% in Q4 2024 to a low of 0.88% in Q1 2022.
  • The 5-year median for Return on Capital Employed is 4.37% (2026), against an average of 4.53%.
  • Across the five-year window, Return on Capital Employed soared 816 bps in 2024 and sank 511 bps in 2026, its largest moves.
  • Nov's Return on Capital Employed stood at 3.51% in 2022, then slumped by 57 bps to 1.52% in 2023, then soared by 535 bps to 9.69% in 2024, then plunged by 43 bps to 5.55% in 2025, then fell by 21 bps to 4.37% in 2026.
  • The last three Return on Capital Employed figures came in at 4.37% (Q1 2026), 5.55% (Q4 2025), and 6.7% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 36.80%
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 35.87%
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 12.84%
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 27.54%
5 Enerflex 8.62 Bn 8.57 Bn - 2.02%
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 4.37%
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 19.80%
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 20.30%
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 8.84%
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn 2.37%

Historic Data

Download Data
DateValue
Mar 31, 2026 4.37%
Dec 31, 2025 5.55%
Sep 30, 2025 6.70%
Jun 30, 2025 7.67%
Mar 31, 2025 9.48%
Dec 31, 2024 9.69%
Sep 30, 2024 3.40%
Jun 30, 2024 3.28%
Mar 31, 2024 1.83%
Dec 31, 2023 1.52%
Sep 30, 2023 8.05%
Jun 30, 2023 6.61%
Mar 31, 2023 5.24%
Dec 31, 2022 3.51%
Sep 30, 2022 1.16%
Jun 30, 2022 -0.15%
Mar 31, 2022 -0.88%
Dec 31, 2021 -1.75%
Sep 30, 2021 -5.43%
Jun 30, 2021 -5.76%