# NOV Inc. (NOV) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Energy / Energy Equipment & Services. Price $21.39, market value $7.6 billion.

## Valuation
- **P/E (trailing): 79.2×** (5-yr avg 26.3×, 3-yr avg 18.6×). NOV Inc. trades at 79.2× trailing earnings, well above its own five-year average of 26.3×: investors are paying up relative to the company's past. The Energy median in the September 2026 study was 16.8×. Forward P/E is 16.7×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 0.9×**. Each dollar of revenue is priced at 0.9×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.2×**. The shares trade at 1.2× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 9.9×**. Enterprise value is 9.9× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 7.4%** (5-yr avg 5.5%). Free cash flow equals 7.4% of the market value, above its five-year average of 5.5%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 1.3%**. The inverse of the P/E: 1.3% of the price is earned each year.

## Profitability
- **Gross margin: 20.5%**. NOV Inc. keeps 20.5% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 5.1%**. 5.1% of revenue is left after running the business.
- **Net margin: 1.7%**. 1.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 2.3%**. 2.3% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 5.4%**. Return on all capital, debt included, is 5.4%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 0.8%**. Each dollar of assets produces 0.8% of profit.

## Growth
- **Revenue growth (1 yr): -1.4%** (3-yr 6.5%/yr, 5-yr 7.5%/yr). Revenue fell 1.4% over the last year, against 7.5% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -75.6%** (3-yr 0.0%/yr). Earnings per share fell 75.6%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.27**. Debt is 0.27 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.2×**. It would take 0.2 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 2.62**. A Z-score of 2.62 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 1.68%** ($0.33 per share, trailing). NOV Inc. yields 1.68%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 131%** (27% of free cash flow). The dividend exceeds earnings (131% payout), though free cash flow still covers it.
- **Consecutive years of increases: 5**. 5 straight years of increases.
- **Dividend growth (5 yr): 59.1%/yr** (1-yr 85.5%). The dividend has compounded at 59.1% a year over five years, doubling roughly every 1 years at that pace.

## Analyst view
- **Analyst consensus: buy** (19 analysts). 19 analysts cover NOV Inc.; the consensus is buy, with an average price target of $22.24 (+4% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 64.0%** (YTD 38.7%, 3-mo 6.7%). The shares are up 64.0% over twelve months including dividends.
- **From 52-week high: -2.2%** (74.0% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 59**. An RSI of 59 is neutral.
- **Beta (1 yr): 0.81** (volatility 37%). Beta of 0.81 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=NOV · Page: https://foliofundamentals.com/stocks/nov

Not investment advice.