NOV Net Income from 2010 to 2024

NOV Stock  USD 16.61  0.21  1.28%   
NOV Net Income yearly trend continues to be fairly stable with very little volatility. Net Income is likely to outpace its year average in 2024. During the period from 2010 to 2024, NOV Net Income regression line of quarterly data had r-squared of  0.09 and coefficient of variation of (4,210). View All Fundamentals
 
Net Income  
First Reported
1996-09-30
Previous Quarter
226 M
Current Value
130 M
Quarterly Volatility
648.4 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 Net Income Growth Pattern

Below is the plot of the Net Income of NOV Inc over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in NOV Inc financial statement analysis. It represents the amount of money remaining after all of NOV Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is NOV's Net Income 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.
ViewLast Reported 993 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

NOV Net Income Regression Statistics

Arithmetic Mean(54,610,000)
Coefficient Of Variation(4,210)
Mean Deviation1,595,378,667
Median200,000
Standard Deviation2,299,002,692
Sample Variance5285413.4T
Range8.6B
R-Value(0.31)
Mean Square Error5158643.4T
R-Squared0.09
Significance0.27
Slope(157,360,179)
Total Sum of Squares73995787.3T

NOV Net Income History

2024B
2023993 M
2022155 M
2021-245 M
2020-2.5 B
2019-6.1 B
2018-31 M

Other Fundumenentals of NOV Inc

NOV Net Income component correlations

About NOV Financial Statements

NOV investors use historical fundamental indicators, such as NOV's Net Income, 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 ReportedProjected for Next Year
Net Income993 MB
Net Income Applicable To Common Shares139.5 M170.8 M
Net Income From Continuing Ops489 M513.5 M
Net Income Per Share 2.53  2.65 
Net Income Per E B T 1.62  1.00 

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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.