National Oilwell Varco Inc: (NYSE: NOV)
$70.98
-0.51 (-0.71%)
Volume 3,428,137
Jun 19 03:59 PM ET
Zacks Rank: 5-Strong Sell 
| #5 |
Income Statements
Annual Income Statement
Fiscal Year End for NATL OILWELL VR falls in the month of December .
All items in Millions except EPS data.
| 12/31/12 | 12/31/11 | 12/31/10 | 12/31/09 | 12/31/08 | |
|---|---|---|---|---|---|
| Sales | 20,041 | 14,658 | 12,156 | 12,712 | 13,431 |
| Cost Of Goods | 14,702 | 10,161 | 8,324 | 8,928 | 9,360 |
| Gross Profit | 5,339 | 4,497 | 3,832 | 3,784 | 4,072 |
| Selling & Adminstrative & Depr. & Amort Expenses | 1,782 | 1,560 | 1,385 | 1,469 | 1,154 |
| Income After Depreciation & Amortization | 3,557 | 2,937 | 2,447 | 2,315 | 2,918 |
| Non-Operating Income | -3 | 25 | 0 | -54 | 111 |
| Interest Expense | 49 | 40 | 50 | 53 | 67 |
| Pretax Income | 3,505 | 2,922 | 2,397 | 2,208 | 2,961 |
| Income Taxes | 1,022 | 937 | 738 | 735 | 993 |
| Minority Interest | -8 | -9 | -8 | 4 | 17 |
| Investment Gains/Losses | 0 | 0 | 0 | 0 | 0 |
| Other Income/Charges | 0 | 0 | 0 | 0 | 0 |
| Income From Cont. Operations | 2,483 | 1,985 | 1,659 | 1,473 | 1,952 |
| Extras & Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Net Income | 2,491 | 1,994 | 1,667 | 1,469 | 1,952 |
| Depreciation Footnote | 12/31/12 | 12/31/11 | 12/31/10 | 12/31/09 | 12/31/08 |
|---|---|---|---|---|---|
| Income Before Depreciation & Amortization | 4,185 | 3,492 | 2,954 | 2,805 | 3,319 |
| Depreciation & Amortization (Cash Flow) | 628 | 555 | 507 | 490 | 402 |
| Income After Depreciation & Amortization | 3,557 | 2,937 | 2,447 | 2,315 | 2,918 |
| Earnings Per Share Data | 12/31/12 | 12/31/11 | 12/31/10 | 12/31/09 | 12/31/08 |
|---|---|---|---|---|---|
| Average Shares | 427.00 | 424.00 | 419.00 | 417.00 | 398.70 |
| Diluted EPS Before Non-Recurring Items | 5.91 | 4.77 | 4.09 | 3.89 | 5.17 |
| Diluted Net EPS | 5.83 | 4.70 | 3.98 | 3.52 | 4.90 |
Quarterly Income Statement
Fiscal year end for NATL OILWELL VR falls in the month of December .
All items in Millions except EPS data.
| 03/31/13 | 12/31/12 | 09/30/12 | 06/30/12 | 03/31/12 | |
|---|---|---|---|---|---|
| Sales | 5,307.00 | 5,685.00 | 5,319.00 | 4,734.00 | 4,303.00 |
| Cost Of Goods | 4,043.00 | 4,290.00 | 3,948.00 | 3,428.00 | 3,036.00 |
| Gross Profit | 1,264.00 | 1,395.00 | 1,371.00 | 1,306.00 | 1,267.00 |
| SG&A, R&D, and Dept/Amort Expenses | 513.00 | 492.00 | 473.00 | 427.00 | 390.00 |
| Income After SG&A, R&D, and Dept/Amort Expenses | 751.00 | 903.00 | 898.00 | 879.00 | 877.00 |
| Non-Operating Income | 1.00 | -11.00 | -13.00 | 17.00 | 4.00 |
| Interest Expense | 28.00 | 21.00 | 11.00 | 9.00 | 8.00 |
| Pretax Income | 724.00 | 871.00 | 874.00 | 887.00 | 873.00 |
| Income Taxes | 224.00 | 203.00 | 265.00 | 285.00 | 269.00 |
| Minority Interest | -2.00 | 0.00 | -3.00 | -3.00 | -2.00 |
| Investment Gains/Losses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Income/Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income From Cont. Operations | 502.00 | 668.00 | 612.00 | 605.00 | 606.00 |
| Extras & Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | 502.00 | 668.00 | 612.00 | 605.00 | 606.00 |
| Earnings Per Share Data | 03/31/13 | 12/31/12 | 09/30/12 | 06/30/12 | 03/31/12 |
|---|---|---|---|---|---|
| Average Shares | 428.00 | 428.00 | 427.00 | 427.00 | 426.00 |
| Diluted EPS Before Non-Recurring Items | 1.29 | 1.49 | 1.52 | 1.46 | 1.44 |
| Diluted Net EPS | 1.17 | 1.56 | 1.43 | 1.42 | 1.42 |
