Nov (NOV) Return on Equity [ROE] (2009 - 2026)
Nov's Return on Equity [ROE] was 2.39% in Q3 2026, down 3.63 percentage points from 6.01% a year earlier but up 0.81 percentage points from the prior quarter.
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Analysis
Nov (NOV) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Return on Equity [ROE] at Nov came in at 2.37%, down 7.66 percentage points from FY2024.
- Return on Equity [ROE] shows a five-year change of +41.03 percentage points (FY2020 to FY2025).
- In earlier years, Return on Equity [ROE] was 10.02% in FY2024 (-7.29 pp), 17.32% in FY2023 (+14.28 pp), 3.04% in FY2022 (+7.78 pp) and -4.74% in FY2021 (+33.92 pp).
- Quarterly Return on Equity [ROE] has moved between -4.83% (Q4 2021) and 16.68% (Q4 2023) over five years.
- Compared with a year earlier, Return on Equity [ROE] has declined for eight straight quarters, with an average year-over-year change of -7.17 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q4 2021 (a gain of 42.07 percentage points); the worst was Q3 2025 (a drop of 10.50 percentage points).
- Per Business Quant data, NOV's Return on Equity [ROE] in the three quarters before Q3 2026 was 1.58% (Q2 2026), 1.54% (Q1 2026) and 2.35% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 75.75 Bn | 72.19 Bn | 1.57 Bn | 11.59% |
| 2 | Baker Hughes | 48.33 Bn | 10.06 Bn | 1.96 Bn | 14.41% |
| 3 | Halliburton | 27.11 Bn | 19.06 Bn | 840.00 Mn | 18.10% |
| 4 | TechnipFMC | 25.53 Bn | 21.50 Bn | 728.70 Mn | 38.85% |
| 5 | Noble | 6.85 Bn | 4.92 Bn | 228.22 Mn | 1.22% |
| 6 | Nov | 6.35 Bn | 1.30 Bn | 439.00 Mn | 2.39% |
| 7 | Weatherford International | 6.08 Bn | 1.82 Bn | 374.00 Mn | 21.95% |
| 8 | Transocean | 6.08 Bn | 4.12 Bn | 348.00 Mn | 3.47% |
| 9 | Valaris | 5.60 Bn | 3.36 Bn | 176.30 Mn | 24.42% |
| 10 | Kodiak Gas Services | 4.48 Bn | 4.15 Bn | 259.04 Mn | 7.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.39% |
| Jun 30, 2026 | 1.58% |
| Mar 31, 2026 | 1.54% |
| Dec 31, 2025 | 2.35% |
| Sep 30, 2025 | 6.01% |
| Jun 30, 2025 | 7.34% |
| Mar 31, 2025 | 9.10% |
| Dec 31, 2024 | 9.81% |
| Sep 30, 2024 | 16.51% |
| Jun 30, 2024 | 16.42% |
| Mar 31, 2024 | 15.62% |
| Dec 31, 2023 | 16.68% |
| Sep 30, 2023 | 8.84% |
| Jun 30, 2023 | 7.70% |
| Mar 31, 2023 | 6.30% |
| Dec 31, 2022 | 3.08% |
| Sep 30, 2022 | 0.26% |
| Jun 30, 2022 | -1.74% |
| Mar 31, 2022 | -3.57% |
| Dec 31, 2021 | -4.83% |
API Access
Nov Return on Equity [ROE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=NOV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "NOV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=NOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();