Nov annual return on equity
2008
2009
2010
2011
2012
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2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Nov Return on Equity (ROE) Growth & History (NOV)
Nov's return on equity was 2.29% for fiscal 2025.
View full Nov company overviewNov annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 2.29% | −7.83 pp |
| 2024 | 2024-12-31 | 10.12% | −7.51 pp |
| 2023 | 2023-12-31 | 17.63% | +14.56 pp |
| 2022 | 2022-12-31 | 3.07% | +7.97 pp |
| 2021 | 2021-12-31 | −4.90% | +34.25 pp |
| 2020 | 2020-12-31 | −39.14% | +17.30 pp |
| 2019 | 2019-12-31 | −56.44% | −56.22 pp |
| 2018 | 2018-12-31 | −0.22% | +1.47 pp |
| 2017 | 2017-12-31 | −1.69% | +14.22 pp |
| 2016 | 2016-12-31 | −15.91% | −11.76 pp |
| 2015 | 2015-12-31 | −4.15% | −15.81 pp |
| 2014 | 2014-12-31 | 11.66% | +0.70 pp |
| 2013 | 2013-12-31 | 10.96% | −2.20 pp |
| 2012 | 2012-12-31 | 13.16% | +1.21 pp |
| 2011 | 2011-12-31 | 11.95% | +0.79 pp |
| 2010 | 2010-12-31 | 11.17% | +0.18 pp |
| 2009 | 2009-12-31 | 10.99% | −9.19 pp |
| 2008 | 2008-12-31 | 20.17% | — |
Nov quarterly return on equity
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Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.80% | +0.14 pp |
| Q1 2026 | 2026-03-31 | 0.30% | −0.83 pp |
| Q4 2025 | 2025-12-31 | −1.23% | −3.72 pp |
| Q3 2025 | 2025-09-30 | 0.65% | −1.38 pp |
| Q2 2025 | 2025-06-30 | 1.67% | −1.91 pp |
| Q1 2025 | 2025-03-31 | 1.14% | −0.78 pp |
| Q4 2024 | 2024-12-31 | 2.49% | −7.74 pp |
| Q3 2024 | 2024-09-30 | 2.02% | −0.06 pp |
| Q2 2024 | 2024-06-30 | 3.58% | +0.68 pp |
| Q1 2024 | 2024-03-31 | 1.92% | −0.52 pp |
| Q4 2023 | 2023-12-31 | 10.23% | +8.14 pp |
| Q3 2023 | 2023-09-30 | 2.08% | +1.43 pp |
| Q2 2023 | 2023-06-30 | 2.90% | +1.50 pp |
| Q1 2023 | 2023-03-31 | 2.44% | +3.44 pp |
| Q4 2022 | 2022-12-31 | 2.09% | +2.89 pp |
| Q3 2022 | 2022-09-30 | 0.65% | +2.02 pp |
| Q2 2022 | 2022-06-30 | 1.40% | +1.91 pp |
| Q1 2022 | 2022-03-31 | −1.01% | +1.23 pp |
| Q4 2021 | 2021-12-31 | −0.80% | +5.70 pp |
| Q3 2021 | 2021-09-30 | −1.36% | −0.36 pp |
| Q2 2021 | 2021-06-30 | −0.51% | +1.19 pp |
| Q1 2021 | 2021-03-31 | −2.23% | +28.63 pp |
| Q4 2020 | 2020-12-31 | −6.50% | −1.64 pp |
| Q3 2020 | 2020-09-30 | −1.01% | +1.96 pp |
| Q2 2020 | 2020-06-30 | −1.70% | +46.90 pp |
| Q1 2020 | 2020-03-31 | −30.87% | −30.31 pp |
| Q4 2019 | 2019-12-31 | −4.86% | −4.95 pp |
| Q3 2019 | 2019-09-30 | −2.96% | −2.97 pp |
| Q2 2019 | 2019-06-30 | −48.60% | −48.77 pp |
| Q1 2019 | 2019-03-31 | −0.56% | −0.08 pp |
| Q4 2018 | 2018-12-31 | 0.09% | +0.19 pp |
| Q3 2018 | 2018-09-30 | 0.01% | +0.19 pp |
| Q2 2018 | 2018-06-30 | 0.17% | +0.71 pp |
| Q1 2018 | 2018-03-31 | −0.48% | +0.39 pp |
| Q4 2017 | 2017-12-31 | −0.10% | +4.87 pp |
| Q3 2017 | 2017-09-30 | −0.19% | +8.62 pp |
| Q2 2017 | 2017-06-30 | −0.54% | +0.80 pp |
| Q1 2017 | 2017-03-31 | −0.88% | −0.15 pp |
| Q4 2016 | 2016-12-31 | −4.97% | +3.86 pp |
| Q3 2016 | 2016-09-30 | −8.81% | −9.64 pp |
| Q2 2016 | 2016-06-30 | −1.34% | −2.86 pp |
| Q1 2016 | 2016-03-31 | −0.73% | −2.29 pp |
| Q4 2015 | 2015-12-31 | −8.83% | −11.65 pp |
| Q3 2015 | 2015-09-30 | 0.84% | −2.43 pp |
| Q2 2015 | 2015-06-30 | 1.52% | −1.29 pp |
| Q1 2015 | 2015-03-31 | 1.56% | −1.06 pp |
| Q4 2014 | 2014-12-31 | 2.82% | −0.18 pp |
| Q3 2014 | 2014-09-30 | 3.26% | +0.27 pp |
| Q2 2014 | 2014-06-30 | 2.81% | +0.25 pp |
| Q1 2014 | 2014-03-31 | 2.62% | +0.16 pp |
| Q4 2013 | 2013-12-31 | 3.00% | −0.36 pp |
| Q3 2013 | 2013-09-30 | 2.99% | −0.19 pp |
| Q2 2013 | 2013-06-30 | 2.56% | −0.68 pp |
| Q1 2013 | 2013-03-31 | 2.46% | −0.90 pp |
| Q4 2012 | 2012-12-31 | 3.36% | +0.05 pp |
| Q3 2012 | 2012-09-30 | 3.19% | +0.05 pp |
| Q2 2012 | 2012-06-30 | 3.25% | +0.34 pp |
| Q1 2012 | 2012-03-31 | 3.36% | +0.82 pp |
| Q4 2011 | 2011-12-31 | 3.30% | +0.47 pp |
| Q3 2011 | 2011-09-30 | 3.14% | +0.44 pp |
| Q2 2011 | 2011-06-30 | 2.91% | +0.16 pp |
| Q1 2011 | 2011-03-31 | 2.54% | −0.41 pp |
| Q4 2010 | 2010-12-31 | 2.84% | +0.05 pp |
| Q3 2010 | 2010-09-30 | 2.69% | −0.09 pp |
| Q2 2010 | 2010-06-30 | 2.75% | +1.06 pp |
| Q1 2010 | 2010-03-31 | 2.95% | — |
| Q4 2009 | 2009-12-31 | 2.79% | — |
| Q3 2009 | 2009-09-30 | 2.78% | — |
| Q2 2009 | 2009-06-30 | 1.68% | — |
Nov return on equity trends
Over the last five fiscal years, Nov's return on equity increased from −39.14% to 2.29%, a change of +41.44 percentage points. The latest reported quarter, Q2 2026, shows 1.80%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Nov source filings ↗