TORVANTA
Other · S&P 500 · data as of 2026-10-05

NOV stock analysis: NOV

NOV (NOV) is an S&P 500 company in Other. It grades weakest on value, profitability and growth.

The model's view of NOV · subscribers

Where NOV ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with NOV · updated 2026-10-05 · from prices and SEC filings

NOV price performance

NOV against the S&P 500, one year
+0%+25%+50%NOV +51%S&P 500 +18%2025-09-292026-10-05
Year to date+27.1%S&P 500 +14.5% · ahead by 12.6 pts
1 year+45.6%S&P 500 +17.0% · ahead by 28.6 pts
3 years+12.1%S&P 500 +89.3% · behind by 77.2 pts
5 years+51.7%S&P 500 +91.3% · behind by 39.6 pts

Total returns with dividends reinvested.

NOV factor grades

Each grade compares NOV with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

C-ValueP/E 78.0x (industry 20.1x)FCF yield 10.5% (industry 6.0%)
D-GrowthRevenue growth -1% (industry +8%)EPS growth -83% (industry +10%)
D+ProfitabilityOperating margin 4.5% (industry 9.6%)ROIC 3.8% (industry 10.1%)
B+Momentum12-month change +46%From 52-wk high -10%

NOV in plain numbers

NOV key statistics

SectorOther
Industryn/a
IndexS&P 500
Market value$7.0B
Revenue growth (y/y)-1%
Free-cash-flow yield10.5%
Dividend yield2.2%
Next earnings (expected)2026-10-27
Valuation measures
Market value$7.0B
Enterprise value$7.4B
P/E (trailing)78.0x
Forward P/E (Torvanta estimate)100.8x
Price / sales0.8x
Price / book1.1x
EV / revenue0.8x
EV / EBITDA9.9x
Financial highlights
Revenue, last 12 months$8.7B
Net income, last 12 months$91.0M
EPS, last 12 months (GAAP)$0.25
Gross margin19.5%
Operating margin4.5%
Net margin1.0%
Return on equity1.4%
Return on invested capital3.8%
Cash$1.3B
Total debt$1.7B
Debt / equity0.28x
Free cash flow, last 12 months$734.0M
Interest cover4.4x
Current ratio2.47x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

NOV earnings trends

Revenue vs earnings
-$78.0M$518.5M$1.1B$1.7B$2.3BJun 2024 Revenue: $2.2BSep 2024 Revenue: $2.2BDec 2024 Revenue: $2.3BMar 2025 Revenue: $2.1BJun 2025 Revenue: $2.2BSep 2025 Revenue: $2.2BDec 2025 Revenue: $2.3BMar 2026 Revenue: $2.1BJun 2024 Net income: $226.0MSep 2024 Net income: $130.0MDec 2024 Net income: $160.0MMar 2025 Net income: $73.0MJun 2025 Net income: $108.0MSep 2025 Net income: $42.0MDec 2025 Net income: -$78.0MMar 2026 Net income: $19.0MJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Net margin: 10.2%Net margin: 5.9%Net margin: 6.9%Net margin: 3.5%Net margin: 4.9%Net margin: 1.9%Net margin: -3.4%Net margin: 0.9%-3%3%10%■ Revenue ■ Net income ━ Net margin
Earnings per share$-0.2$-0.0$0.2$0.4$0.6Jun 2024 EPS (GAAP, diluted): $0.6Sep 2024 EPS (GAAP, diluted): $0.3Dec 2024 EPS (GAAP, diluted): $0.4Mar 2025 EPS (GAAP, diluted): $0.2Jun 2025 EPS (GAAP, diluted): $0.3Sep 2025 EPS (GAAP, diluted): $0.1Dec 2025 EPS (GAAP, diluted): $-0.2Mar 2026 EPS (GAAP, diluted): $0.1Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026■ EPS (GAAP, diluted) Change from a year earlier: Jun 2025 -49% · Sep 2025 -67% · Dec 2025 -150% · Mar 2026 -74%

From the company's 10-Q and 10-K filings with the SEC.

NOV financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$5.5B$7.2B$8.6B$8.9B$8.7B
Net income-$250.0M$155.0M$1.0B$635.0M$145.0M
EPS (GAAP)$-0.66$0.39$2.50$1.60$0.39
Free cash flow$90.0M-$393.0M-$140.0M$1.0B$876.0M

NOV earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-04-28$0.05-74%-2%+0.2%
2026-04-15$0.05-74%-2%-0.6%
2026-02-05$-0.20-150%-1%-3.1%
2025-10-28$0.11-67%-1%+9.4%
2025-07-29$0.29-49%-1%-9.4%
2025-04-29$0.19-37%-2%-5.8%

Companies similar to NOV

CompanyMarket valueP/ERevenue growthOperating margin12-month change
NOV NOV$7.0B78.0x-1%4.5%+46%
AXTA AXTA$7.0B19.1x-3%13.8%+16%compare
URBN URBN$7.0B12.7x+11%11.3%+12%compare
TRNO TRNO$7.0B17.3x+18%n/a+15%compare
GTES GTES$7.0B19.9x+3%13.3%+8%
CELH CELH$7.0B119.7x+83%5.3%-53%
SARO SARO$7.0B21.7x+13%9.5%-21%

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Frequently asked questions

Is NOV stock a buy?

Torvanta does not tell individuals what to buy. Its grades for NOV are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is NOV's P/E ratio?

NOV trades at about 78.0 times its last 12 months of GAAP earnings reported to the SEC, and about 100.8 times Torvanta's own estimate of the next 12 months.

When does NOV report earnings next?

Based on its filing history, Torvanta expects NOV to report around 2026-10-27.

Does NOV pay a dividend?

Yes. Its dividend yield is about 2.2%, and it has raised its dividend 2 years in a row.

How has NOV performed against the S&P 500?

Over the past year NOV returned +45.6%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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