SuperworthNOV profit margin NOV
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 1.1%
- Operating margin, 12 months
- 5.1%
- Net margin on a year earlier
- −4.3 pts
- Peer median
- 7.2%
Over the twelve months to Jun 30, 2026, NOV kept 1.1% of its revenue as net profit, with an operating margin of 5.1% and a gross margin of 20.5%.
Five years earlier its net margin was −10.1%.
The median for 10 oilfield services stocks of a similar size is 7.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 1.7% | 5.6% | 20.2% |
| FY2024 | 7.2% | 9.9% | 22.7% |
| FY2023 | 11.6% | 7.6% | 21.4% |
| FY2022 | 2.1% | 3.6% | 18.4% |
| FY2021 | −4.5% | −2.4% | 14.0% |
| FY2020 | −41.7% | −39.8% | 7.1% |
| FY2019 | −71.9% | −74.1% | 10.0% |
| FY2018 | −0.4% | 2.5% | 17.1% |
| FY2017 | −3.2% | −3.8% | 12.2% |
| FY2016 | −33.3% | −33.3% | −1.4% |
| FY2015 | −5.2% | −2.6% | 20.8% |
| FY2014 | 11.7% | 16.9% | 27.1% |
| FY2013 | 12.1% | 17.2% | 26.6% |
| FY2012 | 12.4% | 17.7% | 26.6% |
| FY2011 | 13.6% | 20.0% | 30.7% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 1.1% | −4.3 pts | 5.1% | |
| Q1 FY26 | 1.0% | −5.6 pts | 4.5% | |
| Q4 FY25 | 1.7% | −5.5 pts | 5.6% | |
| Q3 FY25 | 4.4% | −7.7 pts | 6.9% | |
| Q2 FY25 | 5.4% | −6.5 pts | 7.9% | |
| Q1 FY25 | 6.7% | −4.6 pts | 9.8% | |
| Q4 FY24 | 7.2% | −4.4 pts | 9.9% | |
| Q3 FY24 | 12.0% | +6.0 pts | 9.3% | |
| Q2 FY24 | 11.9% | +6.7 pts | 9.2% | |
| Q1 FY24 | 11.2% | +6.9 pts | 7.8% | |
| Q4 FY23 | 11.6% | +9.4 pts | 7.6% | |
| Q3 FY23 | 6.0% | +5.8 pts | 7.8% |
Against its peers
Companies in Oil & Gas Equipment & Services nearest NOV's size, closest first, today.
| Company | Profit margin |
|---|---|
| NOVNOV | 1.1% |
| WFRDWeatherford International | 7.7% |
| WHDCactus | 12.0% |
| SEISolaris Energy Infrastructure | 7.2% |
| OIIOceaneering International | 11.4% |
| LBRTLiberty Energy | 0.9% |
| INVXInnovex International | 6.2% |
| FTITechnipFMC | 11.3% |
| HALHalliburton | 7.2% |
| RESRPC | 1.3% |
| HOSHornbeck Offshore Services | 3.0% |
| Peer median | 7.2% |
Where NOV ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on NOV
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.