NOV Gross Profit from 2010 to 2024

NOV Stock

USD 16.25 0.36 2.17%

NOV Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit NOV Inc makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

1996-09-30

Previous Quarter

721 M

Current Value

469 M

Quarterly Volatility

469.4 M

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check NOV financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NOV's main balance sheet or income statement drivers, such as Depreciation And Amortization of 369.1 M, Interest Expense of 46.8 M or Total Revenue of 8.8 B, as well as many indicators such as Price To Sales Ratio of 1.49, Dividend Yield of 0.015 or PTB Ratio of 2.1. NOV financial statements analysis is a perfect complement when working with NOV Valuation or Volatility modules.

Check out the analysis of NOV Correlation against competitors.

Latest NOV's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of NOV Inc over the last few years. Gross profit is a required income statement account that reflects total revenue of NOV Inc minus its cost of goods sold. It is profit before NOV operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. NOV's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NOV's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 1.41 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

NOV Gross Profit Regression Statistics

	Arithmetic Mean	2,272,959,835
	Coefficient Of Variation	91.44
	Mean Deviation	1,751,226,777
	Median	1,444,000,000
	Standard Deviation	2,078,398,699
	Sample Variance	4319741.2T
	Range	5.9B
	R-Value	(0.47)
	Mean Square Error	3623989.2T
	R-Squared	0.22
	Significance	0.08
	Slope	(218,472,919)
	Total Sum of Squares	60476376.1T

NOV Gross Profit History

	2024	2 B
	2023	1.8 B
	2022	1.3 B
	2021	774 M
	2020	434 M
	2019	845 M
	2018	1.4 B

Other Fundumenentals of NOV Inc

Gross Profit Margin

NOV Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Intangible Assets	Short Term Debt	Common Stock	Long Term Debt	Good Will	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	-0.36	0.93	0.66	0.94	0.97	0.98	0.95	-0.11	0.48	0.65	0.81	0.82	0.84	0.85	0.59	-0.17	0.62	0.58	0.29	0.17	0.6	0.6	0.2
Total Stockholder Equity	0.99		-0.39	0.94	0.65	0.9	0.93	0.95	0.97	-0.11	0.44	0.61	0.86	0.8	0.79	0.86	0.55	-0.2	0.63	0.63	0.32	0.19	0.66	0.66	0.21
Net Debt	-0.36	-0.39		-0.39	-0.7	-0.3	-0.28	-0.43	-0.42	-0.11	0.13	0.42	-0.13	0.06	-0.38	-0.66	0.49	0.08	-0.6	-0.43	-0.2	-0.29	-0.35	-0.37	-0.28
Retained Earnings	0.93	0.94	-0.39		0.49	0.82	0.86	0.87	0.98	-0.2	0.22	0.59	0.87	0.66	0.72	0.88	0.55	-0.4	0.8	0.76	0.39	0.28	0.82	0.84	0.37
Accounts Payable	0.66	0.65	-0.7	0.49		0.68	0.65	0.74	0.55	0.11	0.49	0.01	0.3	0.49	0.64	0.66	-0.08	0.28	0.34	0.32	0.02	-0.15	0.15	0.16	0.02
Net Receivables	0.94	0.9	-0.3	0.82	0.68		0.98	0.97	0.82	-0.18	0.47	0.66	0.63	0.77	0.95	0.81	0.61	0.02	0.56	0.47	0.19	0.04	0.42	0.42	0.14
Total Liab	0.97	0.93	-0.28	0.86	0.65	0.98		0.98	0.87	-0.11	0.52	0.7	0.7	0.83	0.9	0.8	0.64	-0.09	0.56	0.45	0.23	0.12	0.46	0.46	0.18
Total Current Assets	0.98	0.95	-0.43	0.87	0.74	0.97	0.98		0.89	-0.12	0.46	0.58	0.68	0.76	0.9	0.88	0.52	-0.06	0.62	0.53	0.24	0.13	0.5	0.5	0.17
Intangible Assets	0.95	0.97	-0.42	0.98	0.55	0.82	0.87	0.89		-0.1	0.33	0.58	0.9	0.73	0.69	0.86	0.51	-0.36	0.72	0.69	0.42	0.3	0.76	0.79	0.39
Short Term Debt	-0.11	-0.11	-0.11	-0.2	0.11	-0.18	-0.11	-0.12	-0.1		0.27	-0.32	-0.06	0.08	-0.2	-0.24	-0.39	0.04	-0.24	-0.28	0.56	-0.01	-0.22	-0.22	-0.03
Common Stock	0.48	0.44	0.13	0.22	0.49	0.47	0.52	0.46	0.33	0.27		0.5	0.37	0.83	0.28	0.03	0.37	0.28	-0.32	-0.27	-0.12	-0.11	-0.19	-0.17	0.0
Long Term Debt	0.65	0.61	0.42	0.59	0.01	0.66	0.7	0.58	0.58	-0.32	0.5		0.65	0.77	0.5	0.31	0.98	-0.21	0.18	0.16	0.05	0.13	0.3	0.31	0.16
Good Will	0.81	0.86	-0.13	0.87	0.3	0.63	0.7	0.68	0.9	-0.06	0.37	0.65		0.76	0.47	0.61	0.57	-0.45	0.49	0.6	0.43	0.28	0.76	0.79	0.39
Property Plant Equipment	0.82	0.8	0.06	0.66	0.49	0.77	0.83	0.76	0.73	0.08	0.83	0.77	0.76		0.6	0.41	0.68	-0.01	0.14	0.17	0.17	0.01	0.26	0.28	0.14
Current Deferred Revenue	0.84	0.79	-0.38	0.72	0.64	0.95	0.9	0.9	0.69	-0.2	0.28	0.5	0.47	0.6		0.8	0.49	0.09	0.6	0.45	0.19	0.04	0.36	0.34	0.04
Net Tangible Assets	0.85	0.86	-0.66	0.88	0.66	0.81	0.8	0.88	0.86	-0.24	0.03	0.31	0.61	0.41	0.8		0.28	-0.22	0.86	0.78	0.33	0.23	0.7	0.7	0.25
Long Term Debt Total	0.59	0.55	0.49	0.55	-0.08	0.61	0.64	0.52	0.51	-0.39	0.37	0.98	0.57	0.68	0.49	0.28		-0.15	0.19	0.19	0.04	0.06	0.31	0.29	0.01
Capital Surpluse	-0.17	-0.2	0.08	-0.4	0.28	0.02	-0.09	-0.06	-0.36	0.04	0.28	-0.21	-0.45	-0.01	0.09	-0.22	-0.15		-0.4	-0.3	-0.31	-0.61	-0.49	-0.58	-0.68
Deferred Long Term Liab	0.62	0.63	-0.6	0.8	0.34	0.56	0.56	0.62	0.72	-0.24	-0.32	0.18	0.49	0.14	0.6	0.86	0.19	-0.4		0.83	0.46	0.3	0.8	0.82	0.39
Long Term Investments	0.58	0.63	-0.43	0.76	0.32	0.47	0.45	0.53	0.69	-0.28	-0.27	0.16	0.6	0.17	0.45	0.78	0.19	-0.3	0.83		0.43	-0.03	0.9	0.87	0.17
Short Long Term Debt	0.29	0.32	-0.2	0.39	0.02	0.19	0.23	0.24	0.42	0.56	-0.12	0.05	0.43	0.17	0.19	0.33	0.04	-0.31	0.46	0.43		0.16	0.48	0.48	0.22
Cash And Equivalents	0.17	0.19	-0.29	0.28	-0.15	0.04	0.12	0.13	0.3	-0.01	-0.11	0.13	0.28	0.01	0.04	0.23	0.06	-0.61	0.3	-0.03	0.16		0.28	0.34	0.57
Net Invested Capital	0.6	0.66	-0.35	0.82	0.15	0.42	0.46	0.5	0.76	-0.22	-0.19	0.3	0.76	0.26	0.36	0.7	0.31	-0.49	0.8	0.9	0.48	0.28		0.98	0.33
Net Working Capital	0.6	0.66	-0.37	0.84	0.16	0.42	0.46	0.5	0.79	-0.22	-0.17	0.31	0.79	0.28	0.34	0.7	0.29	-0.58	0.82	0.87	0.48	0.34	0.98		0.5
Capital Stock	0.2	0.21	-0.28	0.37	0.02	0.14	0.18	0.17	0.39	-0.03	0.0	0.16	0.39	0.14	0.04	0.25	0.01	-0.68	0.39	0.17	0.22	0.57	0.33	0.5

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About NOV Financial Statements

NOV investors use historical fundamental indicators, such as NOV's Gross Profit, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in NOV. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Gross Profit	1.8 B	2 B
Gross Profit Margin	(0.02)	(0.02)

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Additional Tools for NOV Stock Analysis

When running NOV's price analysis, check to measure NOV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NOV is operating at the current time. Most of NOV's value examination focuses on studying past and present price action to predict the probability of NOV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOV's price. Additionally, you may evaluate how the addition of NOV to your portfolios can decrease your overall portfolio volatility.

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