KPIs & Operating Metrics(New)
Growth Metrics

Nov (NOV) Tax Rate (2016 - 2025)

Nov's Tax Rate history spans 17 years, with the latest figure at 30.21% for Q3 2025.

  • For Q3 2025, Tax Rate rose 492.0% year-over-year to 30.21%; the TTM value through Sep 2025 reached 24.86%, down 200.0%, while the annual FY2025 figure was 34.93%, 1724.0% up from the prior year.
  • Tax Rate for Q3 2025 was 30.21% at Nov, up from 5.53% in the prior quarter.
  • Across five years, Tax Rate topped out at 45.31% in Q3 2022 and bottomed at 40.0% in Q1 2022.
  • The 5-year median for Tax Rate is 18.84% (2024), against an average of 11.46%.
  • The largest annual shift saw Tax Rate plummeted -6184bps in 2021 before it skyrocketed 5379bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 8.33% in 2021, then surged by 644bps to 45.31% in 2022, then plummeted by -32bps to 30.77% in 2023, then tumbled by -118bps to 5.53% in 2024, then surged by 646bps to 30.21% in 2025.
  • Per Business Quant, the three most recent readings for NOV's Tax Rate are 30.21% (Q3 2025), 5.53% (Q4 2024), and 25.29% (Q3 2024).