NOV Inc.
15.31+0.36 (+2.41%)
Oct 29, 4:00:02 PM EDT · NYSE · NOV · USD
Key Stats
Market Cap
5.58BP/E (TTM)
15.46Basic EPS (TTM)
0.99Dividend Yield
0.02%Recent Filings
10-Q
8-K
8-K
NOV Q2 revenues down 1%
NOV Inc. reported Q2 2025 revenues of $2.19 billion, down 1% year-over-year, with net income at $108 million amid softer drilling activity and no repeat of last year's $130 million divestiture gain. Adjusted EBITDA fell 10% to $252 million, pressured by tariffs and sales mix shifts, yet the firm generated $108 million in free cash flow and returned $176 million to shareholders. Market headwinds persist. Q3 revenues dip 1-3%, with Adjusted EBITDA at $230-250 million.
10-Q
Q2 FY2025 results
NOV's Q2 revenue dipped 1% y/y to $2.19B, yet held steady q/q, as Energy Equipment's backlog execution offset softer aftermarket sales amid a 6% drop in global rigs. Operating profit fell 54% y/y to $143M (6.5% margin) but rose 6% q/q, pressured by $19M in restructuring charges while last year's figure included a $130M divestiture gain; net income slid to $108M or $0.29 diluted EPS, aligning with 376M shares. Energy Products and Services saw 2% y/y revenue decline from lower consumables demand, but margins held at 8.1%. Cash fell to $1.08B with $326M operating cash flow and $159M free cash flow (derived), supporting $150M share repurchases and $135M dividends against $1.73B debt and $1.5B revolver availability. Backlog stands at $4.3B, 92% international. Royalty litigation risks could delay collections.
8-K
NOV approves board, dividends
NOV Inc. stockholders overwhelmingly re-elected all nine board directors and ratified Ernst & Young as auditors for 2025 at the May 20 annual meeting, while approving executive pay and an amended long-term incentive plan. The board then declared a $0.21 supplemental dividend—part of the 2024 capital return—payable June 13 to record holders on June 2, plus a regular $0.075 quarterly payout on June 27. Strong support signals investor confidence. Yet risks could alter future results.
IPO
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