NOV Historical Income Statement

NOV Stock

USD 16.25 0.36 2.17%

Historical analysis of NOV income statement accounts such as Gross Profit of 2 B can show how well NOV Inc performed in making a profits. Evaluating NOV income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of NOV's future profits or losses.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining NOV Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NOV Inc is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NOV Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

About NOV Income Statement Analysis

NOV Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to NOV shareholders. The income statement also shows NOV investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

NOV Income Statement Chart

At this time, NOV's Non Recurring is fairly stable compared to the past year. Non Operating Income Net Other is likely to climb to about 49.1 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 7.9 B in 2024.

Total Revenue Other Operating Expenses Cost Of Revenue Total Operating Expenses

Total Revenue

Total revenue comprises all receipts NOV Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of NOV Inc. It is also known as NOV overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on NOV Inc income statement and represents the costs associated with goods and services NOV provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most accounts from NOV's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into NOV Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NOV Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

	2021	2022	2023	2024 (projected)
Total Operating Expenses	908M	1.1B	1.2B	1.1B
Cost Of Revenue	4.8B	5.9B	6.8B	6.8B

Total Operating Expenses Cost Of Revenue

NOV income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Minority Interest	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Discontinued Operations	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.75	0.71	0.55	0.79	0.28	0.21	0.34	0.77	0.74	0.26	0.04	0.18	0.48	0.86	-0.11	-0.17	0.1	0.27	-0.01	0.27	0.01	0.22	-0.44	0.61
Interest Expense	0.75		0.35	0.1	0.49	-0.14	-0.23	-0.12	0.46	0.53	-0.24	-0.26	-0.29	0.02	0.6	0.13	0.32	-0.38	0.47	-0.28	0.29	-0.43	-0.22	-0.13	0.19
Total Revenue	0.71	0.35		0.96	0.98	0.81	0.72	0.79	0.99	0.73	0.64	0.15	0.55	0.84	0.94	-0.21	-0.61	0.48	-0.31	0.3	0.12	0.45	0.62	-0.47	0.43
Gross Profit	0.55	0.1	0.96		0.9	0.92	0.85	0.89	0.91	0.64	0.78	0.27	0.7	0.9	0.82	-0.22	-0.74	0.65	-0.44	0.42	0.05	0.63	0.73	-0.42	0.4
Other Operating Expenses	0.79	0.49	0.98	0.9		0.69	0.59	0.68	0.99	0.82	0.53	0.09	0.44	0.76	0.97	-0.19	-0.49	0.36	-0.2	0.21	0.15	0.35	0.56	-0.48	0.44
Operating Income	0.28	-0.14	0.81	0.92	0.69		0.94	0.95	0.73	0.3	0.82	0.3	0.76	0.87	0.59	-0.21	-0.81	0.74	-0.56	0.5	0.02	0.64	0.69	-0.29	0.27
Ebit	0.21	-0.23	0.72	0.85	0.59	0.94		0.99	0.64	0.2	0.81	0.23	0.76	0.81	0.51	-0.23	-0.78	0.74	-0.52	0.7	-0.04	0.69	0.65	-0.2	0.26
Ebitda	0.34	-0.12	0.79	0.89	0.68	0.95	0.99		0.72	0.3	0.81	0.22	0.75	0.86	0.6	-0.26	-0.78	0.73	-0.47	0.66	0.02	0.66	0.67	-0.27	0.35
Cost Of Revenue	0.77	0.46	0.99	0.91	0.99	0.73	0.64	0.72		0.75	0.56	0.09	0.46	0.79	0.96	-0.2	-0.54	0.39	-0.24	0.23	0.15	0.35	0.55	-0.47	0.44
Total Operating Expenses	0.74	0.53	0.73	0.64	0.82	0.3	0.2	0.3	0.75		0.26	0.06	0.19	0.46	0.82	-0.07	-0.15	0.12	0.11	0.01	0.15	0.29	0.46	-0.41	0.38
Income Before Tax	0.26	-0.24	0.64	0.78	0.53	0.82	0.81	0.81	0.56	0.26		0.75	0.99	0.8	0.43	-0.21	-0.69	0.98	-0.62	0.58	-0.05	0.86	0.66	-0.19	0.27
Total Other Income Expense Net	0.04	-0.26	0.15	0.27	0.09	0.3	0.23	0.22	0.09	0.06	0.75		0.8	0.34	0.01	-0.01	-0.25	0.8	-0.47	0.25	-0.12	0.69	0.31	0.07	0.03
Net Income	0.18	-0.29	0.55	0.7	0.44	0.76	0.76	0.75	0.46	0.19	0.99	0.8		0.69	0.34	-0.11	-0.64	0.98	-0.59	0.62	-0.18	0.88	0.58	-0.07	0.18
Income Tax Expense	0.48	0.02	0.84	0.9	0.76	0.87	0.81	0.86	0.79	0.46	0.8	0.34	0.69		0.68	-0.5	-0.79	0.7	-0.56	0.31	0.38	0.59	0.8	-0.59	0.54
Selling General Administrative	0.86	0.6	0.94	0.82	0.97	0.59	0.51	0.6	0.96	0.82	0.43	0.01	0.34	0.68		-0.18	-0.37	0.24	-0.07	0.18	0.17	0.22	0.4	-0.4	0.4
Minority Interest	-0.11	0.13	-0.21	-0.22	-0.19	-0.21	-0.23	-0.26	-0.2	-0.07	-0.21	-0.01	-0.11	-0.5	-0.18		0.29	-0.16	0.37	-0.11	-0.58	-0.04	-0.41	0.52	-0.31
Selling And Marketing Expenses	-0.17	0.32	-0.61	-0.74	-0.49	-0.81	-0.78	-0.78	-0.54	-0.15	-0.69	-0.25	-0.64	-0.79	-0.37	0.29		-0.67	0.6	-0.34	0.03	-0.57	-0.75	0.54	-0.47
Net Income From Continuing Ops	0.1	-0.38	0.48	0.65	0.36	0.74	0.74	0.73	0.39	0.12	0.98	0.8	0.98	0.7	0.24	-0.16	-0.67		-0.63	0.58	-0.09	0.89	0.65	-0.15	0.25
Non Recurring	0.27	0.47	-0.31	-0.44	-0.2	-0.56	-0.52	-0.47	-0.24	0.11	-0.62	-0.47	-0.59	-0.56	-0.07	0.37	0.6	-0.63		-0.24	-0.01	-0.53	-0.52	0.23	0.11
Non Operating Income Net Other	-0.01	-0.28	0.3	0.42	0.21	0.5	0.7	0.66	0.23	0.01	0.58	0.25	0.62	0.31	0.18	-0.11	-0.34	0.58	-0.24		-0.38	0.6	0.23	0.26	-0.07
Discontinued Operations	0.27	0.29	0.12	0.05	0.15	0.02	-0.04	0.02	0.15	0.15	-0.05	-0.12	-0.18	0.38	0.17	-0.58	0.03	-0.09	-0.01	-0.38		-0.2	0.27	-0.56	0.48
Tax Provision	0.01	-0.43	0.45	0.63	0.35	0.64	0.69	0.66	0.35	0.29	0.86	0.69	0.88	0.59	0.22	-0.04	-0.57	0.89	-0.53	0.6	-0.2		0.69	-0.07	0.16
Interest Income	0.22	-0.22	0.62	0.73	0.56	0.69	0.65	0.67	0.55	0.46	0.66	0.31	0.58	0.8	0.4	-0.41	-0.75	0.65	-0.52	0.23	0.27	0.69		-0.72	0.59
Net Interest Income	-0.44	-0.13	-0.47	-0.42	-0.48	-0.29	-0.2	-0.27	-0.47	-0.41	-0.19	0.07	-0.07	-0.59	-0.4	0.52	0.54	-0.15	0.23	0.26	-0.56	-0.07	-0.72		-0.83
Reconciled Depreciation	0.61	0.19	0.43	0.4	0.44	0.27	0.26	0.35	0.44	0.38	0.27	0.03	0.18	0.54	0.4	-0.31	-0.47	0.25	0.11	-0.07	0.48	0.16	0.59	-0.83

Click cells to compare fundamentals

NOV Account Relationship Matchups

NOV income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	450M	352M	306M	301M	302M	369.1M
Interest Expense	100M	84M	77M	59M	60M	46.8M
Total Revenue	8.5B	6.1B	5.5B	7.2B	8.6B	8.8B
Gross Profit	845M	434M	774M	1.3B	1.8B	2.0B
Other Operating Expenses	8.9B	6.6B	5.7B	7.0B	7.9B	7.9B
Operating Income	(458M)	(534M)	(153M)	264M	651M	647.4M
Ebit	(458M)	(2.7B)	(153M)	316M	651M	458.8M
Ebitda	(8M)	(2.3B)	153M	617M	651M	718.7M
Cost Of Revenue	7.6B	5.7B	4.8B	5.9B	6.8B	6.8B
Total Operating Expenses	1.3B	968M	908M	1.1B	1.2B	1.1B
Income Before Tax	(6.5B)	(2.8B)	(230M)	238M	612M	365.8M
Total Other Income Expense Net	(6.0B)	(354M)	(96M)	(26M)	(39M)	(41.0M)
Net Income	(6.1B)	(2.5B)	(245M)	155M	993M	1.0B
Income Tax Expense	(369M)	(242M)	15M	83M	(373M)	(354.4M)
Selling General Administrative	1.3B	968M	908M	1.1B	1.1B	1.1B
Net Income Applicable To Common Shares	(6.1B)	(2.5B)	(250M)	155M	139.5M	170.8M
Net Income From Continuing Ops	(6.1B)	(2.5B)	(245M)	155M	489M	513.5M
Non Operating Income Net Other	(83M)	(270M)	(19M)	52M	46.8M	49.1M
Tax Provision	(369M)	(242M)	15M	83M	129M	135.5M
Interest Income	20M	7M	73M	9M	28M	33.0M
Net Interest Income	(77M)	(68M)	(80M)	(59M)	(58M)	(60.9M)
Reconciled Depreciation	533M	352M	306M	301M	270.9M	363.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

NOV Historical Income Statement

About NOV Income Statement Analysis

NOV Income Statement Chart

Total Revenue

Other Operating Expenses

Cost Of Revenue

Total Operating Expenses

NOV income statement Correlations

NOV Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NOV income statement Accounts

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for NOV Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cost Of Revenue	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Other Operating Expenses
Ebitda	+ 0.99	Ebit
Net Income	+ 0.99	Income Before Tax
Other Operating Expenses	+ 0.98	Total Revenue
Net Income From Continuing Ops	+ 0.98	Income Before Tax

Reconciled Depreciation	- 0.83	Net Interest Income
Selling And Marketing Expenses	- 0.81	Operating Income
Selling And Marketing Expenses	- 0.79	Income Tax Expense
Selling And Marketing Expenses	- 0.78	Ebitda
Selling And Marketing Expenses	- 0.78	Ebit
Interest Income	- 0.75	Selling And Marketing Expenses