National Oilwell Varco
NOVNYSEOther · Oil & Gas Field Machinery & Equipment · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $8.74B | $8.87B | $8.58B | $7.24B | $5.52B | $6.09B |
| Operating income | $494.0M | $876.0M | $651.0M | $264.0M | −$134.0M | −$2.42B |
| Net income | $145.0M | $635.0M | $993.0M | $155.0M | −$250.0M | −$2.54B |
| Total assets | $11.29B | $11.36B | $11.29B | $10.13B | $9.55B | $9.93B |
| Total liabilities | $4.97B | $4.93B | $5.05B | $5.00B | $4.49B | $4.65B |
| Equity | $6.27B | $6.38B | $6.17B | $5.10B | $5.00B | $5.21B |
| EPS (diluted) | $0.39 | $1.60 | $2.50 | $0.39 | $-0.65 | $-6.62 |
| Shares out. | 380.8M | 394.0M | 392.8M | 392.7M | 388.2M | 385.9M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 5.6%
- Net margin
- 1.7%
- Return on equity
- 2.3%
- Return on assets
- 1.3%
- Return on capital (ROCE)
- 5.6%
- Liabilities / assets
- 44.0%
- Debt / equity
- 0.79×
- Book value / share
- $16.46
- Revenue growth (YoY)
- −1.4%
- Net income growth (YoY)
- −77.2%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 3.41safe
- Accruals / assets
- −9.8%clean
- Beneish M-Score
- -2.97normal
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 warning● 5 good- Revenue declined year-over-year
- Operating margin is positive
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Donadio Marcela EDirector | May 20, 2026 | Grant | 9,457 | $0.00 |
| Chowbey SanjayDirector | May 20, 2026 | Grant | 9,457 | $0.00 |
| Martinez PatriciaDirector | May 20, 2026 | Grant | 9,457 | $0.00 |
| Welborn Robert S.Director | May 20, 2026 | Grant | 9,457 | $0.00 |
| Thomas William R.Director | May 20, 2026 | Grant | 9,457 | $0.00 |
| Harrison David DDirector | May 20, 2026 | Grant | 9,457 | $0.00 |
| Kendall Christian SDirector | May 20, 2026 | Grant | 9,457 | $0.00 |
| Melcher Patricia BDirector | May 20, 2026 | Grant | 9,457 | $0.00 |
| Bayardo Jose AOfficer — Chairman, President, and CEO | Mar 20, 2026 | Tax withholding | 4,995 | $18.68 |
| Novak Christy LynnOfficer — VP, Corp. Controller, CAO | Mar 20, 2026 | Tax withholding | 869 | $18.68 |
| Reed Rodney C.Officer — Senior VP and CFO | Mar 20, 2026 | Tax withholding | 4,995 | $18.68 |
| Weinstock Craig L.Officer — Sr. VP. & Gen. Counsel | Feb 23, 2026 | Tax withholding | 2,562 | $20.28 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 28.4M | 5.7 | +4.2% |
| Apr 30, 2026 | 27.2M | 5.2 | +0.0% |
| Apr 15, 2026 | 27.2M | 5.8 | +6.3% |
| Mar 31, 2026 | 25.6M | 4.7 | +9.7% |
| Mar 13, 2026 | 23.4M | 5.0 | +24.4% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Shareholder vote · Other material eventMay 22, 2026
- Results of operationsApr 28, 2026
- Results of operationsApr 15, 2026
- Director / officer changeMar 18, 2026
- Director / officer changeFeb 20, 2026
- Results of operationsFeb 5, 2026
- Director / officer changeNov 20, 2025
- Results of operations · Director / officer changeOct 28, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- SDMay 29, 2026
- 8-KMay 22, 2026
- 4May 22, 2026
- 4May 22, 2026
- 4May 22, 2026
- 4May 22, 2026
- 4May 22, 2026
- 4May 22, 2026
- 4May 22, 2026
- 4May 22, 2026
- SCHEDULE 13G/AMay 15, 2026
- SCHEDULE 13GApr 30, 2026
- SCHEDULE 13GApr 29, 2026
- 10-QApr 28, 2026
- 8-KApr 28, 2026
Corporate family
Spin-offs from National Oilwell Varco (1)
From the spin-off filings we track. Follow a company to walk its own history.
Event-driven situations (1)
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