National Oilwell Varco, Inc. provides equipment and technology to the upstream oil and gas industry. The company operates through the following segments: Rig Technologies, Wellbore Technologies, and Completion and Production Solutions. The Rig Technologies segment monitors its capital equipment backlog to plan its business. The Wellbore Technologies segment designs, manufactures, rents, and sells a variety of equipment and technologies used to perform drilling operations, and offers services that optimize their performance. The Completion and Production Solutions segment integrates technologies for well completions and oil and gas production. The company was founded in 1841 and is headquartered in Houston, TX.
Highlights
NOV's net income has surged by 66% since the previous quarter and by 49% year-on-year
National Oilwell Varco's EPS has soared by 66% from the previous quarter and by 49% YoY
The gross profit has contracted by 21% YoY but it has grown by 9% from the previous quarter
NOV's gross margin is up by 18% since the previous quarter but it is down by 12% year-on-year
National Oilwell Varco's equity has decreased by 35% YoY
National Oilwell Varco's revenue has decreased by 10% YoY and by 8% QoQ
Key stats
What are the main financial stats of NOV
Market
Shares outstanding
388.28M
Market cap
$4.56B
Enterprise value
$5.89B
Valuations
Price to earnings (P/E)
N/A
Price to book (P/B)
0.83
Price to sales (P/S)
0.58
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
0.76
Earnings
Revenue
$7.79B
EBIT
-$2.86B
EBITDA
-$2.48B
Free cash flow
$982M
Per share
EPS
-$7.23
Free cash flow per share
$2.55
Book value per share
$14.06
Revenue per share
$20.22
TBVPS
$21.89
Balance sheet
Total assets
$10.45B
Total liabilities
$4.91B
Debt
$2.78B
Equity
$5.46B
Working capital
$3.64B
Liquidity
Debt to equity
0.51
Current ratio
2.86
Quick ratio
1.51
Net debt/EBITDA
-0.54
Margins
EBITDA margin
-31.8%
Gross margin
11.4%
Net margin
-35.6%
Operating margin
-32.8%
Efficiency
Return on assets
-22.9%
Return on equity
-41.4%
Return on invested capital
-33.3%
Return on capital employed
-33.7%
Return on sales
-36.8%
Dividend
Dividend yield
1.7%
DPS
$0.2
Payout ratio
N/A
NOV stock price
How has the National Oilwell Varco stock price performed over time
Financial performance
How have National Oilwell Varco's revenue and profit performed over time
Revenue
$7.79B
Gross profit
$888M
Operating income
-$2.55B
Net income
-$2.77B
Gross margin
11.4%
Net margin
-35.6%
The operating income has surged by 69% since the previous quarter and by 55% year-on-year
The operating margin has soared by 66% from the previous quarter and by 50% YoY
NOV's net income has surged by 66% since the previous quarter and by 49% year-on-year
The company's net margin has surged by 63% QoQ and by 44% YoY
Growth
What is National Oilwell Varco's growth rate over time
Valuation
What is National Oilwell Varco stock price valuation
P/E
N/A
P/B
0.83
P/S
0.58
EV/EBIT
N/A
EV/EBITDA
N/A
EV/Sales
0.76
National Oilwell Varco's EPS has soared by 66% from the previous quarter and by 49% YoY
National Oilwell Varco's equity has decreased by 35% YoY
The P/B is 17% below the last 4 quarters average of 1.0 and 8% below the 5-year quarterly average of 0.9
The stock's price to sales (P/S) is 59% less than its 5-year quarterly average of 1.4 and 28% less than its last 4 quarters average of 0.8
National Oilwell Varco's revenue has decreased by 10% YoY and by 8% QoQ
Efficiency
How efficient is National Oilwell Varco business performance
The return on invested capital has surged by 64% since the previous quarter and by 42% year-on-year
National Oilwell Varco's ROS has soared by 64% from the previous quarter and by 44% YoY
NOV's ROA has soared by 63% from the previous quarter and by 22% YoY
The company's return on equity has surged by 62% QoQ and by 5% YoY
Dividends
What is NOV's dividend history
DPS
$0.2
Dividend yield
1.7%
Payout ratio
N/A
Recent dividends
Financial health
How did National Oilwell Varco financials performed over time
The total assets is 113% more than the total liabilities
The total assets has contracted by 27% YoY and by 2.3% from the previous quarter
The total liabilities has decreased by 16% YoY and by 4.3% from the previous quarter
The company's debt is 49% lower than its equity
National Oilwell Varco's debt to equity has increased by 31% YoY and by 2% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.