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NOV (NOV) Gross Margin

Annual Gross Margin

22.66%
+1.30%+6.09%

December 31, 2024

Summary

Performance

1-Year Change

+6.09%

3-Year Change

+61.74%

5-Year Change

+127.28%

15-Year Change

+85.59%

NOV Gross Margin Chart

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Highlights

Sector Rank

34.05%
NOV annual gross profit margin is higher than 34.05% of companies in Energy sector

High & Low

All-time High

31.52%
NOV annual gross profit margin is currently -28.11% below its historical high of 31.52%

3-Year Low

14.01%
NOV annual gross profit margin is currently +61.74% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2024
NOV previous annual earnings announcement was published on Dec 31, 2024

Next Annual Earnings Report Date

N/A
NOV next annual earnings announcement has not yet been scheduled

OtherNOVprofitabilitymetrics:

Annual Revenue

$8.87 B
NOV annual revenue is $8.87 billion

Annual Gross Profit

$2.01 B
NOV annual gross profit is $2.01 billion

Annual Operating Margin

9.88%
NOV annual operating profit margin is 9.88%

Annual Net Margin

7.16%
NOV annual net profit margin is 7.16%

Quarterly Gross Margin

21.36%
-0.05%-0.23%

December 31, 2024

Summary

Performance

3-Month Change

0%

1-Year Change

+0.71%

3-Year Change

+0.71%

5-Year Change

+0.71%

NOV Quarterly Gross Margin Chart

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Highlights

Sector Rank

32.85%
NOV quarterly gross profit margin is higher than 32.85% of companies in Energy sector

High & Low

All-time High

38.69%
NOV quarterly gross profit margin is currently -44.79% below its historical high of 38.69%

3-Year Low

13.32%
NOV quarterly gross profit margin is currently +60.36% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Dec 31, 2024
NOV previous earnings announcement was published on Dec 31, 2024

Next Quarterly Earnings Report Date

Apr 25, 2025
NOV next earnings announcement is scheduled for Apr 25, 2025

OtherNOVprofitabilitymetrics:

Quarterly Revenue

$2.31 B
NOV quarterly revenue is $2.31 billion

Quarterly Gross Profit

$493.00 M
NOV quarterly gross profit is $493.00 million

Quarterly Operating Margin

8.97%
NOV quarterly operating profit margin is 8.97%

Quarterly Net Margin

6.93%
NOV quarterly net profit margin is 6.93%

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue ✕ 100%

Annual Gross Margin

22.66%
NOV annual gross profit margin is 22.66%

Annual Gross Profit

$2.01 B
NOV annual gross profit is $2.01 billion

Annual Revenue

$8.87 B
NOV annual revenue is $8.87 billion

NOV Gross Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year+6.1%+0.7%
3 y3 years+61.7%+0.7%
5 y5 years+127.3%+0.7%

NOV Gross Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-yearat high+61.7%-19.8%+60.4%
5 y5-yearat high+217.8%-19.8%+529.8%
alltimeall time-28.1%+1730.2%-44.8%+178.7%

NOV Gross Margin History

DateAnnualQuarterly
Dec 2024
22.66%(+6.1%)
21.36%(-0.2%)
Sep 2024
-
21.41%(-19.6%)
Jun 2024
-
26.62%(+25.3%)
Mar 2024
-
21.25%(+0.2%)
Dec 2023
21.36%(+15.9%)
21.21%(-1.0%)
Sep 2023
-
21.42%(-1.9%)
Jun 2023
-
21.83%(+4.2%)
Mar 2023
-
20.95%(-2.0%)
Dec 2022
18.43%(+31.5%)
21.37%(+9.7%)
Sep 2022
-
19.48%(+8.9%)
Jun 2022
-
17.89%(+29.5%)
Mar 2022
-
13.82%(+3.8%)
Dec 2021
14.01%(+96.5%)
13.32%(-3.5%)
Sep 2021
-
13.80%(-15.3%)
Jun 2021
-
16.30%(+30.5%)
Mar 2021
-
12.49%(-351.3%)
Dec 2020
7.13%(-28.5%)
-4.97%(-149.5%)
Sep 2020
-
10.04%(+9.6%)
Jun 2020
-
9.16%(-23.0%)
Mar 2020
-
11.90%(-27.8%)
Dec 2019
9.97%(-41.6%)
16.48%(+132.1%)
Sep 2019
-
7.10%(+144.0%)
Jun 2019
-
2.91%(-78.0%)
Mar 2019
-
13.20%(-22.6%)
Dec 2018
17.08%(+39.9%)
17.06%(-6.5%)
Sep 2018
-
18.25%(+8.2%)
Jun 2018
-
16.86%(+5.4%)
Mar 2018
-
15.99%(+88.6%)
Dec 2017
12.21%(-978.4%)
8.48%(-45.4%)
Sep 2017
-
15.53%(+18.3%)
Jun 2017
-
13.13%(+9.4%)
Mar 2017
-
12.00%(-144.2%)
Dec 2016
-1.39%(-106.7%)
-27.13%(-665.2%)
Sep 2016
-
4.80%(+136.5%)
Jun 2016
-
2.03%(-81.8%)
Mar 2016
-
11.15%(-21.8%)
Dec 2015
20.76%(-23.4%)
14.25%(-29.9%)
Sep 2015
-
20.33%(-7.0%)
Jun 2015
-
21.87%(-10.4%)
Mar 2015
-
24.42%(-9.5%)
Dec 2014
27.09%(+2.0%)
26.99%(-1.3%)
Sep 2014
-
27.35%(-1.2%)
Jun 2014
-
27.69%(+4.9%)
Mar 2014
-
26.39%(-0.3%)
Dec 2013
26.55%(-9.5%)
26.48%(-5.3%)
Sep 2013
-
27.97%(+11.6%)
Jun 2013
-
25.06%(+5.2%)
Mar 2013
-
23.82%(-38.4%)
Dec 2012
29.33%(-4.4%)
38.69%(+50.1%)
Sep 2012
-
25.78%(-6.6%)
Jun 2012
-
27.59%(-6.3%)
Mar 2012
-
29.44%(-1.7%)
Dec 2011
30.68%(-2.7%)
29.94%(-3.8%)
Sep 2011
-
31.12%(+0.9%)
Jun 2011
-
30.83%(-0.5%)
Mar 2011
-
30.99%(-1.4%)
Dec 2010
31.52%
31.43%(+0.2%)
DateAnnualQuarterly
Sep 2010
-
31.38%(-0.5%)
Jun 2010
-
31.55%(-0.6%)
Mar 2010
-
31.73%(+1.6%)
Dec 2009
29.77%(-1.8%)
31.24%(+8.2%)
Sep 2009
-
28.86%(-0.7%)
Jun 2009
-
29.07%(-2.6%)
Mar 2009
-
29.85%(-4.8%)
Dec 2008
30.32%(+4.9%)
31.34%(+2.9%)
Sep 2008
-
30.46%(+3.3%)
Jun 2008
-
29.50%(-0.6%)
Mar 2008
-
29.68%(-0.2%)
Dec 2007
28.91%(+15.4%)
29.75%(+3.7%)
Sep 2007
-
28.70%(+0.1%)
Jun 2007
-
28.67%(+1.0%)
Mar 2007
-
28.40%(+4.0%)
Dec 2006
25.06%(+17.9%)
27.30%(+9.6%)
Sep 2006
-
24.90%(+3.0%)
Jun 2006
-
24.18%(+4.5%)
Mar 2006
-
23.14%(+2.3%)
Dec 2005
21.26%(-2.2%)
22.62%(+8.1%)
Sep 2005
-
20.92%(-0.3%)
Jun 2005
-
20.99%(+5.7%)
Mar 2005
-
19.86%(-11.8%)
Dec 2004
21.73%(-7.2%)
22.51%(+5.6%)
Sep 2004
-
21.32%(-3.3%)
Jun 2004
-
22.04%(+5.6%)
Mar 2004
-
20.87%(-11.9%)
Dec 2003
23.41%(-1.6%)
23.69%(-0.6%)
Sep 2003
-
23.84%(+6.3%)
Jun 2003
-
22.43%(-6.8%)
Mar 2003
-
24.06%(+1.9%)
Dec 2002
23.78%(-2.9%)
23.60%(-2.2%)
Sep 2002
-
24.13%(+2.8%)
Jun 2002
-
23.47%(-1.9%)
Mar 2002
-
23.92%(-1.6%)
Dec 2001
24.48%(-6.2%)
24.32%(-1.3%)
Sep 2001
-
24.63%(+3.4%)
Jun 2001
-
23.81%(-5.9%)
Mar 2001
-
25.31%(-11.5%)
Dec 2000
26.10%(+43.1%)
28.59%(+12.8%)
Sep 2000
-
25.35%(-0.4%)
Jun 2000
-
25.44%(+18.3%)
Mar 2000
-
21.51%(+91.7%)
Dec 1999
18.24%(-25.1%)
11.22%(-46.1%)
Sep 1999
-
20.80%(+16.9%)
Jun 1999
-
17.79%(-23.2%)
Mar 1999
-
23.17%(-7.6%)
Dec 1998
24.34%(+15.1%)
25.07%(+0.5%)
Sep 1998
-
24.95%(-4.8%)
Jun 1998
-
26.22%(+14.5%)
Mar 1998
-
22.89%(+6.0%)
Dec 1997
21.15%(+22.8%)
21.60%(-10.3%)
Sep 1997
-
24.08%(+41.8%)
Jun 1997
-
16.98%(-21.8%)
Mar 1997
-
21.72%(+0.3%)
Dec 1996
17.22%
21.65%(+46.2%)
Sep 1996
-
14.81%

FAQ

  • What is NOV annual gross profit margin?
  • What is the all time high annual gross margin for NOV?
  • What is NOV annual gross margin year-on-year change?
  • What is NOV quarterly gross profit margin?
  • What is the all time high quarterly gross margin for NOV?
  • What is NOV quarterly gross margin year-on-year change?

What is NOV annual gross profit margin?

The current annual gross margin of NOV is 22.66%

What is the all time high annual gross margin for NOV?

NOV all-time high annual gross profit margin is 31.52%

What is NOV annual gross margin year-on-year change?

Over the past year, NOV annual gross profit margin has changed by +1.30% (+6.09%)

What is NOV quarterly gross profit margin?

The current quarterly gross margin of NOV is 21.36%

What is the all time high quarterly gross margin for NOV?

NOV all-time high quarterly gross profit margin is 38.69%

What is NOV quarterly gross margin year-on-year change?

Over the past year, NOV quarterly gross profit margin has changed by +0.15% (+0.71%)