NOV Operating Expenses 2010-2024 | NOV
NOV annual/quarterly operating expenses history and growth rate from 2010 to 2024. Operating expenses can be defined as the sum of all operating expenses for the given industry.
- NOV operating expenses for the quarter ending September 30, 2024 were $1.997B, a 0.25% decline year-over-year.
- NOV operating expenses for the twelve months ending September 30, 2024 were $8.075B, a 5.4% increase year-over-year.
- NOV annual operating expenses for 2023 were $7.932B, a 13.75% increase from 2022.
- NOV annual operating expenses for 2022 were $6.973B, a 23.24% increase from 2021.
- NOV annual operating expenses for 2021 were $5.658B, a 33.55% decline from 2020.
NOV Annual Operating Expenses
(Millions of US $) |
| 2023 |
$7,932 |
| 2022 |
$6,973 |
| 2021 |
$5,658 |
| 2020 |
$8,515 |
| 2019 |
$14,758 |
| 2018 |
$8,242 |
| 2017 |
$7,581 |
| 2016 |
$9,662 |
| 2015 |
$15,147 |
| 2014 |
$17,827 |
| 2013 |
$16,022 |
| 2012 |
$13,805 |
| 2011 |
$11,721 |
| 2010 |
$9,709 |
| 2009 |
$10,397 |
NOV Quarterly Operating Expenses
(Millions of US $) |
| 2024-09-30 |
$1,997 |
| 2024-06-30 |
$1,903 |
| 2024-03-31 |
$1,993 |
| 2023-12-31 |
$2,182 |
| 2023-09-30 |
$2,002 |
| 2023-06-30 |
$1,912 |
| 2023-03-31 |
$1,836 |
| 2022-12-31 |
$1,911 |
| 2022-09-30 |
$1,834 |
| 2022-06-30 |
$1,659 |
| 2022-03-31 |
$1,569 |
| 2021-12-31 |
$1,532 |
| 2021-09-30 |
$1,384 |
| 2021-06-30 |
$1,405 |
| 2021-03-31 |
$1,337 |
| 2020-12-31 |
$1,628 |
| 2020-09-30 |
$1,458 |
| 2020-06-30 |
$1,596 |
| 2020-03-31 |
$3,833 |
| 2019-12-31 |
$2,630 |
| 2019-09-30 |
$2,280 |
| 2019-06-30 |
$7,860 |
| 2019-03-31 |
$1,988 |
| 2018-12-31 |
$2,311 |
| 2018-09-30 |
$2,081 |
| 2018-06-30 |
$2,054 |
| 2018-03-31 |
$1,796 |
| 2017-12-31 |
$2,080 |
| 2017-09-30 |
$1,842 |
| 2017-06-30 |
$1,821 |
| 2017-03-31 |
$1,838 |
| 2016-12-31 |
$2,458 |
| 2016-09-30 |
$2,832 |
| 2016-06-30 |
$1,994 |
| 2016-03-31 |
$2,378 |
| 2015-12-31 |
$4,354 |
| 2015-09-30 |
$3,072 |
| 2015-06-30 |
$3,471 |
| 2015-03-31 |
$4,250 |
| 2014-12-31 |
$4,854 |
| 2014-09-30 |
$4,599 |
| 2014-06-30 |
$4,342 |
| 2014-03-31 |
$4,090 |
| 2013-12-31 |
$4,393 |
| 2013-09-30 |
$3,979 |
| 2013-06-30 |
$3,967 |
| 2013-03-31 |
$4,556 |
| 2012-12-31 |
$4,782 |
| 2012-09-30 |
$4,421 |
| 2012-06-30 |
$3,855 |
| 2012-03-31 |
$3,426 |
| 2011-12-31 |
$3,411 |
| 2011-09-30 |
$2,968 |
| 2011-06-30 |
$2,805 |
| 2011-03-31 |
$2,537 |
| 2010-12-31 |
$2,548 |
| 2010-09-30 |
$2,415 |
| 2010-06-30 |
$2,351 |
| 2010-03-31 |
$2,395 |
| 2009-12-31 |
$2,526 |
| 2009-09-30 |
$2,486 |
| 2009-06-30 |
$2,624 |
| 2009-03-31 |
$2,761 |
| 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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