NOV Cost of Goods Sold 2010-2024 | NOV
NOV annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
- NOV cost of goods sold for the quarter ending September 30, 2024 was $1.722B, a 0.29% increase year-over-year.
- NOV cost of goods sold for the twelve months ending September 30, 2024 was $6.891B, a 5.46% increase year-over-year.
- NOV annual cost of goods sold for 2023 was $6.75B, a 14.35% increase from 2022.
- NOV annual cost of goods sold for 2022 was $5.903B, a 24.27% increase from 2021.
- NOV annual cost of goods sold for 2021 was $4.75B, a 16.02% decline from 2020.
NOV Annual Cost of Goods Sold
(Millions of US $) |
| 2023 |
$6,750 |
| 2022 |
$5,903 |
| 2021 |
$4,750 |
| 2020 |
$5,656 |
| 2019 |
$7,634 |
| 2018 |
$7,009 |
| 2017 |
$6,412 |
| 2016 |
$7,352 |
| 2015 |
$11,694 |
| 2014 |
$15,631 |
| 2013 |
$14,117 |
| 2012 |
$12,151 |
| 2011 |
$10,161 |
| 2010 |
$8,324 |
| 2009 |
$8,928 |
NOV Quarterly Cost of Goods Sold
(Millions of US $) |
| 2024-09-30 |
$1,722 |
| 2024-06-30 |
$1,626 |
| 2024-03-31 |
$1,697 |
| 2023-12-31 |
$1,846 |
| 2023-09-30 |
$1,717 |
| 2023-06-30 |
$1,636 |
| 2023-03-31 |
$1,551 |
| 2022-12-31 |
$1,630 |
| 2022-09-30 |
$1,521 |
| 2022-06-30 |
$1,418 |
| 2022-03-31 |
$1,334 |
| 2021-12-31 |
$1,315 |
| 2021-09-30 |
$1,156 |
| 2021-06-30 |
$1,186 |
| 2021-03-31 |
$1,093 |
| 2020-12-31 |
$1,393 |
| 2020-09-30 |
$1,245 |
| 2020-06-30 |
$1,359 |
| 2020-03-31 |
$1,659 |
| 2019-12-31 |
$1,905 |
| 2019-09-30 |
$1,975 |
| 2019-06-30 |
$2,070 |
| 2019-03-31 |
$1,684 |
| 2018-12-31 |
$1,989 |
| 2018-09-30 |
$1,761 |
| 2018-06-30 |
$1,751 |
| 2018-03-31 |
$1,508 |
| 2017-12-31 |
$1,802 |
| 2017-09-30 |
$1,550 |
| 2017-06-30 |
$1,528 |
| 2017-03-31 |
$1,532 |
| 2016-12-31 |
$2,151 |
| 2016-09-30 |
$1,567 |
| 2016-06-30 |
$1,689 |
| 2016-03-31 |
$1,945 |
| 2015-12-31 |
$2,202 |
| 2015-09-30 |
$2,634 |
| 2015-06-30 |
$3,054 |
| 2015-03-31 |
$3,643 |
| 2014-12-31 |
$4,163 |
| 2014-09-30 |
$4,059 |
| 2014-06-30 |
$3,800 |
| 2014-03-31 |
$3,599 |
| 2013-12-31 |
$3,895 |
| 2013-09-30 |
$3,503 |
| 2013-06-30 |
$3,507 |
| 2013-03-31 |
$4,043 |
| 2012-12-31 |
$4,275 |
| 2012-09-30 |
$3,948 |
| 2012-06-30 |
$3,428 |
| 2012-03-31 |
$3,036 |
| 2011-12-31 |
$2,972 |
| 2011-09-30 |
$2,576 |
| 2011-06-30 |
$2,430 |
| 2011-03-31 |
$2,171 |
| 2010-12-31 |
$2,174 |
| 2010-09-30 |
$2,066 |
| 2010-06-30 |
$2,013 |
| 2010-03-31 |
$2,070 |
| 2009-12-31 |
$2,154 |
| 2009-09-30 |
$2,196 |
| 2009-06-30 |
$2,135 |
| 2009-03-31 |
$2,442 |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil Field Machinery & Equipment |
$5.622B |
$8.583B |
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NOV Inc. is a world leader in the design, manufacture, and sale of comprehensive systems, components, products, and equipment used in oil and gas drilling and production worldwide. NOV divides its operations into 3 major segments: Rig Technologies, Completion & Production Solutions, and Wellbore Technologies. Rig Technologies unit designs and manufactures integrated drilling systems and components for land and offshore drilling rigs. It is also engaged in the delivery of consumables, spares and other necessary services to maintain the usefulness of the assets. Wellbore Technologies unit focuses on improving drilling performance at both land and offshore rigs through a vast array of tools and services. Completion & Production Solutions unit focuses on developing wellbore completions and achieving higher production though technological advancements to well intervention service providers and producers of oil and gas. NOV reached its current form following merger between National Oilwell and Varco International.
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