KPIs & Operating Metrics(New)
Growth Metrics

Nov (NOV) Tax Rate (2016 - 2026)

Nov's Tax Rate history spans 18 years, with the latest figure at 42.86% for Q1 2026.

  • On a quarterly basis, Tax Rate rose 401.0% to 42.86% in Q1 2026 year-over-year; TTM through Mar 2026 was 66.44%, a 4115.0% increase, with the full-year FY2025 number at 59.73%, up 3615.0% from a year prior.
  • Tax Rate hit 42.86% in Q1 2026 for Nov, down from 222.73% in the prior quarter.
  • Over the last five years, Tax Rate for NOV hit a ceiling of 222.73% in Q4 2025 and a floor of 40.0% in Q1 2022.
  • Historically, Tax Rate has averaged 32.29% across 5 years, with a median of 25.29% in 2024.
  • Biggest five-year swings in Tax Rate: tumbled -4500bps in 2022 and later surged 20363bps in 2025.
  • Tracing NOV's Tax Rate over 5 years: stood at 29.79% in 2022, then dropped by -28bps to 21.48% in 2023, then decreased by -11bps to 19.1% in 2024, then soared by 1066bps to 222.73% in 2025, then plummeted by -81bps to 42.86% in 2026.
  • Business Quant data shows Tax Rate for NOV at 42.86% in Q1 2026, 222.73% in Q4 2025, and 39.73% in Q3 2025.