NOV Inc. (NOV) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 5.72B | 5.82B | 5.76B | 5.78B | 5.78B | 5.77B | 5.92B | 5.84B | 5.69B | 5.84B | 5.66B | 5.61B | 5.42B | 5.49B | 5.18B | 5.09B | 4.95B | 4.9B | 4.94B | 4.91B |
| Cash & Short-Term Investments | 1.34B | 1.55B | 1.21B | 1.08B | 1.16B | 1.23B | 985M | 827M | 468M | 816M | 513M | 592M | 774M | 1.07B | 998M | 1.22B | 1.41B | 1.59B | 1.67B | 1.57B |
| Cash Only | 1.34B | 1.55B | 1.21B | 1.08B | 1.16B | 1.23B | 985M | 827M | 468M | 816M | 513M | 592M | 774M | 1.07B | 998M | 1.22B | 1.41B | 1.59B | 1.67B | 1.57B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.66B | 1.7B | 2.45B | 2.56B | 2.47B | 2.4B | 2.58B | 2.63B | 2.68B | 2.64B | 2.66B | 2.6B | 2.41B | 2.42B | 2.21B | 2.06B | 1.9B | 1.78B | 1.75B | 1.79B |
| Days Sales Outstanding | 73.79 | 83.8 | 105.78 | 104.54 | 104.12 | 99.17 | 109.3 | 108.97 | 112.43 | 104.07 | 110.57 | 108.87 | 110.94 | 102.92 | 104.03 | 104.23 | 106.98 | 106.98 | 121.36 | 116.69 |
| Inventory | 1.87B | 1.8B | 1.89B | 1.93B | 1.94B | 1.93B | 2.12B | 2.16B | 2.28B | 2.15B | 2.28B | 2.2B | 2.04B | 1.81B | 1.75B | 1.59B | 1.44B | 1.33B | 1.32B | 1.32B |
| Days Inventory Outstanding | 98.8 | 93.39 | 99.48 | 101.11 | 105.27 | 102.77 | 114.33 | 124.1 | 118.75 | 110.34 | 119.92 | 117.78 | 111.67 | 100.69 | 101.19 | 97.26 | 93.47 | 92.91 | 105.33 | 102.78 |
| Other Current Assets | 841M | 768M | 222M | 215M | 215M | 212M | 230M | 234M | 261M | 229M | 211M | 224M | 199M | 187M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 5.42B | 5.47B | 5.58B | 5.58B | 5.49B | 5.59B | 5.5B | 5.45B | 5.62B | 5.45B | 4.84B | 4.84B | 4.75B | 4.64B | 4.58B | 4.61B | 4.6B | 4.65B | 4.63B | 4.69B |
| Property, Plant & Equipment | 2.52B | 2.55B | 2.56B | 2.53B | 2.49B | 2.47B | 2.46B | 2.43B | 2.44B | 2.41B | 2.39B | 2.39B | 2.35B | 2.3B | 2.27B | 2.28B | 2.33B | 2.36B | 2.38B | 2.42B |
| Fixed Asset Turnover | 0.81x | 0.89x | 0.86x | 0.87x | 0.85x | 0.94x | 0.90x | 0.91x | 0.89x | 0.98x | 0.92x | 0.88x | 0.84x | 0.91x | 0.83x | 0.75x | 0.66x | 0.64x | 0.56x | 0.58x |
| Goodwill | 1.58B | 1.58B | 1.62B | 1.62B | 1.62B | 1.63B | 1.61B | 1.62B | 1.6B | 1.56B | 1.56B | 1.55B | 1.55B | 1.5B | 1.5B | 1.5B | 1.52B | 1.53B | 1.5B | 1.5B |
| Intangible Assets | 442M | 455M | 466M | 496M | 506M | 508M | 493M | 498M | 508M | 450M | 459M | 470M | 477M | 490M | 501M | 516M | 495M | 503M | 497M | 508M |
| Long-Term Investments | 0 | 296M | 173M | 178M | 157M | 163M | 170M | 264M | 331M | 211M | 198M | 184M | 144M | 117M | 82M | 72M | 62M | 50M | 50M | 45M |
| Other Non-Current Assets | 876M | 586M | 368M | 754M | 324M | 406M | 364M | 244M | 257M | 334M | 170M | 177M | 239M | 90M | 171M | 191M | 128M | 142M | 128M | 150M |
| Total Assets | 11.14B | 11.29B | 11.34B | 11.36B | 11.27B | 11.36B | 11.42B | 11.3B | 11.3B | 11.29B | 10.5B | 10.45B | 10.18B | 10.13B | 9.76B | 9.7B | 9.55B | 9.55B | 9.57B | 9.6B |
| Asset Turnover | 0.18x | 0.20x | 0.19x | 0.19x | 0.19x | 0.20x | 0.19x | 0.20x | 0.19x | 0.22x | 0.21x | 0.20x | 0.19x | 0.21x | 0.19x | 0.18x | 0.16x | 0.16x | 0.14x | 0.15x |
| Asset Growth % | -1.15% | -0.62% | -0.74% | 0.58% | -0.28% | 0.59% | 8.8% | 8.15% | 11.08% | 11.44% | 7.55% | 7.69% | 6.53% | 6.13% | 2.03% | 1.03% | -1.23% | -3.82% | -5.91% | -8.1% |
| Total Current Liabilities | 2.32B | 2.41B | 2.26B | 2.24B | 2.18B | 2.35B | 2.3B | 2.24B | 2.27B | 2.44B | 2.37B | 2.38B | 2.31B | 2.44B | 2.25B | 2.17B | 1.98B | 1.91B | 1.85B | 1.81B |
| Accounts Payable | 852M | 831M | 798M | 823M | 796M | 837M | 835M | 809M | 823M | 904M | 925M | 1.01B | 961M | 906M | 774M | 754M | 643M | 612M | 519M | 526M |
| Days Payables Outstanding | 45.27 | 41.29 | 42.27 | 42.29 | 44.38 | 42.38 | 43.92 | 45.67 | 46.3 | 45.58 | 51.76 | 54.73 | 54.17 | 47.41 | 46.21 | 44.83 | 42.34 | 39.56 | 41.58 | 38.1 |
| Short-Term Debt | 127M | 30M | 34M | 38M | 38M | 37M | 28M | 24M | 44M | 13M | 13M | 13M | 13M | 13M | 10M | 10M | 5M | 5M | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 564M | 513M | 0 | 0 | 495M | 508M | 533M | 532M | 488M | 494M | 449M | 444M | 431M | 455M | 403M | 392M | 425M | 392M |
| Other Current Liabilities | 2.19B | 1.44B | 238M | 742M | 1.25B | 903M | 590M | 597M | 600M | 598M | 618M | 557M | 211M | 658M | 698M | 638M | 617M | 593M | 221M | 594M |
| Current Ratio | 2.47x | 2.42x | 2.55x | 2.58x | 2.65x | 2.46x | 2.57x | 2.61x | 2.50x | 2.40x | 2.39x | 2.35x | 2.35x | 2.25x | 2.30x | 2.35x | 2.50x | 2.57x | 2.67x | 2.71x |
| Quick Ratio | 1.66x | 1.67x | 1.71x | 1.72x | 1.76x | 1.64x | 1.65x | 1.64x | 1.50x | 1.51x | 1.43x | 1.43x | 1.47x | 1.51x | 1.52x | 1.61x | 1.77x | 1.87x | 1.95x | 1.98x |
| Cash Conversion Cycle | 127.32 | 135.91 | 163 | 163.36 | 165.02 | 159.57 | 179.72 | 187.4 | 184.88 | 168.84 | 178.72 | 171.92 | 168.45 | 156.2 | 159.01 | 156.66 | 158.12 | 160.33 | 185.11 | 181.37 |
| Total Non-Current Liabilities | 2.56B | 2.56B | 2.56B | 2.57B | 2.6B | 2.59B | 2.61B | 2.62B | 2.71B | 2.62B | 2.56B | 2.56B | 2.56B | 2.56B | 2.58B | 2.56B | 2.56B | 2.58B | 2.64B | 2.61B |
| Long-Term Debt | 2.21B | 1.69B | 1.69B | 1.69B | 1.7B | 1.7B | 1.72B | 1.72B | 1.76B | 1.71B | 1.72B | 1.72B | 1.72B | 1.72B | 1.72B | 1.71B | 1.71B | 1.71B | 1.7B | 1.69B |
| Capital Lease Obligations | 0 | 521M | 528M | 540M | 534M | 544M | 551M | 553M | 564M | 558M | 559M | 568M | 556M | 549M | 546M | 563M | 568M | 576M | 593M | 595M |
| Deferred Tax Liabilities | 86M | 93M | 74M | 71M | 64M | 56M | 44M | 59M | 92M | 70M | 69M | 69M | 68M | 68M | 51M | 48M | 66M | 66M | 80M | 72M |
| Other Non-Current Liabilities | 261M | 261M | 268M | 265M | 300M | 283M | 290M | 287M | 292M | 277M | 218M | 212M | 218M | 230M | 267M | 232M | 221M | 226M | 259M | 260M |
| Total Liabilities | 4.88B | 4.97B | 4.83B | 4.8B | 4.78B | 4.93B | 4.91B | 4.87B | 4.98B | 5.05B | 4.93B | 4.95B | 4.87B | 5B | 4.83B | 4.73B | 4.54B | 4.49B | 4.49B | 4.42B |
| Total Debt | 2.34B | 2.34B | 2.35B | 2.37B | 2.37B | 2.39B | 2.4B | 2.4B | 2.47B | 2.38B | 2.38B | 2.39B | 2.38B | 2.37B | 2.36B | 2.38B | 2.38B | 2.39B | 2.4B | 2.39B |
| Net Debt | 997M | 788M | 1.15B | 1.29B | 1.22B | 1.16B | 1.42B | 1.57B | 2B | 1.56B | 1.87B | 1.79B | 1.6B | 1.3B | 1.36B | 1.16B | 969M | 797M | 731M | 814M |
| Debt / Equity | 0.37x | 0.37x | 0.36x | 0.36x | 0.37x | 0.37x | 0.37x | 0.37x | 0.39x | 0.38x | 0.43x | 0.43x | 0.45x | 0.46x | 0.48x | 0.48x | 0.47x | 0.47x | 0.47x | 0.46x |
| Debt / EBITDA | 49.77x | 9.29x | 12.02x | 10.31x | 9.85x | 8.09x | 8.58x | 6.02x | 10.09x | 9.99x | 9.16x | 9.47x | 11.71x | 9.94x | 18.02x | 16.64x | 44.81x | 39.80x | 74.97x | 26.81x |
| Net Debt / EBITDA | 21.21x | 3.13x | 5.86x | 5.61x | 5.05x | 3.92x | 5.06x | 3.94x | 8.18x | 6.56x | 7.18x | 7.12x | 7.90x | 5.45x | 10.40x | 8.12x | 18.28x | 13.28x | 22.84x | 9.15x |
| Interest Coverage | 4.27x | 4.00x | 4.32x | 6.23x | 6.50x | 9.29x | 9.29x | 14.32x | 7.88x | 6.87x | 7.78x | 9.38x | 7.90x | 7.71x | 4.37x | 4.58x | -0.84x | -0.53x | -2.16x | -0.11x |
| Total Equity | 6.27B | 6.32B | 6.51B | 6.56B | 6.49B | 6.43B | 6.52B | 6.43B | 6.32B | 6.24B | 5.57B | 5.5B | 5.31B | 5.13B | 4.93B | 4.97B | 5.01B | 5.06B | 5.08B | 5.18B |
| Equity Growth % | -3.48% | -1.65% | -0.06% | 1.96% | 2.74% | 2.98% | 17.05% | 17.01% | 19.08% | 21.58% | 12.92% | 10.56% | 5.95% | 1.38% | -2.91% | -3.98% | -2.72% | -4.07% | -8.34% | -6.42% |
| Book Value per Share | 17.22 | 17.23 | 17.55 | 17.44 | 16.96 | 16.48 | 16.50 | 16.20 | 15.92 | 15.72 | 14.06 | 13.92 | 13.40 | 13.00 | 12.54 | 12.65 | 12.95 | 13.09 | 13.12 | 13.41 |
| Total Shareholders' Equity | 6.27B | 6.27B | 6.46B | 6.5B | 6.44B | 6.38B | 6.46B | 6.38B | 6.25B | 6.17B | 5.52B | 5.43B | 5.24B | 5.1B | 4.87B | 4.91B | 4.95B | 5B | 5.01B | 5.11B |
| Common Stock | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M | 4M |
| Retained Earnings | -687M | -673M | -568M | -582M | -583M | -628M | -759M | -860M | -1.06B | -1.16B | -1.73B | -1.83B | -1.96B | -2.07B | -2.15B | -2.17B | -2.22B | -2.15B | -2.09B | -2.02B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -1.42B | -1.42B | -1.41B | -1.41B | -1.53B | -1.63B | -1.5B | -1.55B | -1.52B | -1.49B | -1.54B | -1.51B | -1.55B | -1.59B | -1.7B | -1.63B | -1.53B | -1.55B | -1.54B | -1.5B |
| Minority Interest | 56M | 54M | 57M | 54M | 54M | 52M | 52M | 53M | 75M | 74M | 46M | 63M | 65M | 38M | 62M | 63M | 64M | 67M | 68M | 70M |