Nov (NOV) Tax Rate (2009 - 2026)

Nov has disclosed Tax Rate across 18 years of filings, most recently posting 42.86% for Q1 2026.

• Tax Rate for Q1 2026 came in at 42.86%, up 401.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 66.44% (up 4115.0% YoY), and the FY2025 annual result was 59.73%, up 3615.0% from the prior year.
• Tax Rate came in at 42.86% for Q1 2026 at Nov, down from 222.73% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 222.73% in Q4 2025 to a low of 40.0% in Q1 2022.
• The 5-year median for Tax Rate is 25.29% (2024), against an average of 32.29%.
• Across the five-year window, Tax Rate plunged 4500 bps in 2022 and soared 20363 bps in 2025, its largest moves.
• Nov's Tax Rate stood at 29.79% in 2022, then fell by 28 bps to 21.48% in 2023, then retreated by 11 bps to 19.1% in 2024, then surged by 1066 bps to 222.73% in 2025, then slumped by 81 bps to 42.86% in 2026.
• The last three Tax Rate figures came in at 42.86% (Q1 2026), 222.73% (Q4 2025), and 39.73% (Q3 2025), per Business Quant data.