NOV Cost Of Revenue from 2010 to 2025

NOV Stock  USD 15.41  0.29  1.92%   
NOV Cost Of Revenue yearly trend continues to be fairly stable with very little volatility. Cost Of Revenue will likely drop to about 6.8 B in 2025. During the period from 2010 to 2025, NOV Cost Of Revenue regression line of quarterly data had mean square error of 17403610.5 T and geometric mean of  6,984,866,651. View All Fundamentals
 
Cost Of Revenue  
First Reported
1996-09-30
Previous Quarter
1.7 B
Current Value
1.8 B
Quarterly Volatility
1.2 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NOV financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NOV's main balance sheet or income statement drivers, such as Depreciation And Amortization of 369.4 M, Interest Expense of 48.6 M or Total Revenue of 8.9 B, as well as many indicators such as Price To Sales Ratio of 0.61, Dividend Yield of 0.0153 or PTB Ratio of 0.85. NOV financial statements analysis is a perfect complement when working with NOV Valuation or Volatility modules.
  
Check out the analysis of NOV Correlation against competitors.

Latest NOV's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of NOV Inc over the last few years. Cost of Revenue is found on NOV Inc income statement and represents the costs associated with goods and services NOV provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is NOV's Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NOV's overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

NOV Cost Of Revenue Regression Statistics

Arithmetic Mean8,428,149,902
Geometric Mean6,984,866,651
Coefficient Of Variation51.86
Mean Deviation3,377,906,311
Median7,009,000,000
Standard Deviation4,371,143,926
Sample Variance19106899.2T
Range16.8B
R-Value(0.39)
Mean Square Error17403610.5T
R-Squared0.15
Significance0.14
Slope(355,432,387)
Total Sum of Squares286603488.3T

NOV Cost Of Revenue History

20256.8 B
20246.9 B
20236.8 B
20225.9 B
20214.8 B
20205.7 B
20197.6 B

About NOV Financial Statements

NOV investors use historical fundamental indicators, such as NOV's Cost Of Revenue, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in NOV. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue6.9 B6.8 B

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Additional Tools for NOV Stock Analysis

When running NOV's price analysis, check to measure NOV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NOV is operating at the current time. Most of NOV's value examination focuses on studying past and present price action to predict the probability of NOV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOV's price. Additionally, you may evaluate how the addition of NOV to your portfolios can decrease your overall portfolio volatility.