NOV Gross Profit 2010-2024 | NOV

NOV annual/quarterly gross profit history and growth rate from 2010 to 2024. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
  • NOV gross profit for the quarter ending March 31, 2024 was $0.458B, a 11.44% increase year-over-year.
  • NOV gross profit for the twelve months ending March 31, 2024 was $1.880B, a 22.8% increase year-over-year.
  • NOV annual gross profit for 2023 was $1.833B, a 37.41% increase from 2022.
  • NOV annual gross profit for 2022 was $1.334B, a 72.35% increase from 2021.
  • NOV annual gross profit for 2021 was $0.774B, a 78.34% increase from 2020.
NOV Annual Gross Profit
(Millions of US $)
2023 $1,833
2022 $1,334
2021 $774
2020 $434
2019 $845
2018 $1,444
2017 $892
2016 $-101
2015 $3,063
2014 $5,809
2013 $5,104
2012 $5,043
2011 $4,497
2010 $3,832
2009 $3,784
NOV Quarterly Gross Profit
(Millions of US $)
2024-03-31 $458
2023-12-31 $497
2023-09-30 $468
2023-06-30 $457
2023-03-31 $411
2022-12-31 $443
2022-09-30 $368
2022-06-30 $309
2022-03-31 $214
2021-12-31 $202
2021-09-30 $185
2021-06-30 $231
2021-03-31 $156
2020-12-31 $-66
2020-09-30 $139
2020-06-30 $137
2020-03-31 $224
2019-12-31 $376
2019-09-30 $151
2019-06-30 $62
2019-03-31 $256
2018-12-31 $409
2018-09-30 $393
2018-06-30 $355
2018-03-31 $287
2017-12-31 $167
2017-09-30 $285
2017-06-30 $231
2017-03-31 $209
2016-12-31 $-459
2016-09-30 $79
2016-06-30 $35
2016-03-31 $244
2015-12-31 $520
2015-09-30 $672
2015-06-30 $855
2015-03-31 $1,177
2014-12-31 $1,546
2014-09-30 $1,528
2014-06-30 $1,455
2014-03-31 $1,290
2013-12-31 $1,407
2013-09-30 $1,360
2013-06-30 $1,173
2013-03-31 $1,264
2012-12-31 $1,410
2012-09-30 $1,371
2012-06-30 $1,306
2012-03-31 $1,267
2011-12-31 $1,287
2011-09-30 $1,164
2011-06-30 $1,083
2011-03-31 $975
2010-12-31 $998
2010-09-30 $945
2010-06-30 $928
2010-03-31 $962
2009-12-31 $980
2009-09-30 $891
2009-06-30 $875
2009-03-31 $1,039
Sector Industry Market Cap Revenue
Business Services Technology Services $7.385B $8.583B
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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