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NOV

NOV Inc

$17.97

Earnings Summary

Revenue
$1727Mn
Net Profits
$69Mn
Net Profit Margins
4%

Highlights

Revenue:

NOV Inc’s revenue jumped 21.88% since last year same period to $1727Mn in the Q2 2022. On a quarterly growth basis, NOV Inc has generated 11.56% jump in its revenue since last 3-months.

Net Profits:

NOV Inc’s net profit jumped 365.38% since last year same period to $69Mn in the Q2 2022. On a quarterly growth basis, NOV Inc has generated 238% jump in its net profits since last 3-months.

Net Profit Margins:

NOV Inc’s net profit margin jumped 317.75% since last year same period to 4% in the Q2 2022. On a quarterly growth basis, NOV Inc has generated 223.7% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the NOV Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.1
EPS Estimate Current Year
0.1

Highlights

EPS Estimate Current Quarter:

NOV Inc’s earning per share (EPS) estimates for the current quarter stand at 0.1 - a 150% jump from last quarter’s estimates.

EPS Estimate Current Year:

NOV Inc’s earning per share (EPS) estimates for the current year stand at 0.1.

Key Ratios

Key ratios of the NOV Inc post its Q2 2022 earnings

Earning Per Share (EPS)
0.22
Return on Assets (ROA)
0
Return on Equity (ROE)
-0.02
Dividend Per Share (DPS)
0.15

Highlights

Earning Per Share (EPS):

NOV Inc’s earning per share (EPS) jumped 833.33% since last year same period to 0.22 in the Q2 2022. This indicates that the NOV Inc has generated 833.33% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. NOV Inc’s return on assets (ROA) stands at 0.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. NOV Inc’s return on equity (ROE) stands at -0.02.

Dividend Per Share (DPS):

NOV Inc declared 0.15 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-07-28
0.04
0.22
450%
2022-04-29
-0.06
-0.01
83.33%

Company Information

NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has pioneered innovations that enable its customers to safely produce abundant energy while minimizing environmental impact. The energy industry depends on NOV's deep expertise and technology to continually improve oilfield operations and assist in efforts to advance the energy transition towards a more sustainable future. NOV powers the industry that powers the world.

Organisation
NOV Inc
Headquarters
Houston, Texas, US
Employees
2.02K
Industry
Industrial Services
CEO
Clay Williams