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NOV (NOV)

(Real Time Quote from BATS)

$18.86 USD

18.86
715,462

+0.03 (0.16%)

Updated Apr 25, 2024 12:21 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value B Growth F Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 40% (150 out of 251)

Industry: Technology Services

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Better trading starts here.

Balance Sheet

Research for NOV

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for NOV Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 816 1,069 1,591 1,692 1,171
Receivables 1,905 1,739 1,321 1,274 1,855
Notes Receivable 0 0 0 0 0
Inventories 2,151 1,813 1,331 1,408 2,197
Other Current Assets 968 872 659 835 890
Total Current Assets 5,840 5,493 4,902 5,209 6,113
Net Property & Equipment 1,865 1,781 1,823 1,927 2,354
Investments & Advances 211 117 50 51 282
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 488 0 0 0 0
Intangibles 2,012 1,995 2,030 2,020 3,659
Deposits & Other Assets 334 232 208 156 67
Total Assets 11,294 10,135 9,550 9,929 13,149
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 904 906 612 489 715
Current Portion Long-Term Debt 13 13 5 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 870 959 778 863 949
Income Taxes Payable 22 28 24 51 42
Other Current Liabilities 532 444 392 354 427
Total Current Liabilities 2,435 2,437 1,910 1,867 2,247
Mortgages 0 0 0 0 0
Deferred Taxes/Income 70 68 66 78 140
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,712 1,717 1,708 1,834 1,989
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 277 230 226 259 253
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 5,052 5,001 4,486 4,650 5,303
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 4 4 4 4 4
Capital Surplus 8,812 8,754 8,685 8,591 8,507
Retained Earnings -1,155 -2,069 -2,146 -1,876 690
Other Equity -1,419 -1,555 -1,479 -1,440 -1,355
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 6,242 5,134 5,064 5,279 7,846
Total Liabilities & Shareholder's Equity 11,294 10,135 9,550 9,929 13,149
Total Common Equity 6,242 5,134 5,064 5,279 7,846
Shares Outstanding 393.90 392.80 390.60 388.20 385.80
Book Value Per Share 15.85 13.07 12.96 13.60 20.34

Fiscal Year End for NOV Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 816 513 592 774
Receivables NA 1,905 1,982 1,891 1,776
Notes Receivable NA 0 0 0 0
Inventories NA 2,151 2,277 2,199 2,036
Other Current Assets NA 968 886 928 836
Total Current Assets NA 5,840 5,658 5,610 5,422
Net Property & Equipment NA 1,865 1,843 1,839 1,814
Investments & Advances NA 211 198 184 144
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 488 0 0 0
Intangibles NA 2,012 2,015 2,019 2,026
Deposits & Other Assets NA 334 239 246 239
Total Assets NA 11,294 10,498 10,446 10,177
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 904 925 1,007 961
Current Portion Long-Term Debt NA 13 13 13 13
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 870 818 769 775
Income Taxes Payable NA 22 32 11 21
Other Current Liabilities NA 532 488 494 449
Total Current Liabilities NA 2,435 2,369 2,385 2,308
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 70 69 69 68
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 1,712 1,716 1,715 1,719
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 218 212 218
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 5,052 4,931 4,949 4,869
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 4 4 4 4
Capital Surplus NA 8,812 8,793 8,773 8,756
Retained Earnings NA -1,155 -1,734 -1,828 -1,963
Other Equity NA -1,419 -1,496 -1,452 -1,489
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 6,242 5,567 5,497 5,308
Total Liabilities & Shareholder's Equity NA 11,294 10,498 10,446 10,177
Total Common Equity 0 6,242 5,567 5,497 5,308
Shares Outstanding 395.40 393.90 393.90 393.70 393.70
Book Value Per Share 0.00 15.85 14.13 13.96 13.48