NOV Total Operating Expenses from 2010 to 2024

NOV Stock  USD 16.00  0.25  1.54%   
NOV Total Operating Expenses yearly trend continues to be fairly stable with very little volatility. Total Operating Expenses will likely drop to about 1.1 B in 2024. Total Operating Expenses is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. View All Fundamentals
 
Total Operating Expenses  
First Reported
1996-09-30
Previous Quarter
277 M
Current Value
275 M
Quarterly Volatility
241.6 M
 
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 369.1 M, Interest Expense of 46.8 M or Total Revenue of 8.8 B, as well as many indicators such as Price To Sales Ratio of 1.49, Dividend Yield of 0.015 or PTB Ratio of 2.1. 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 Total Operating Expenses Growth Pattern

Below is the plot of the Total Operating Expenses of NOV Inc over the last few years. It is the total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses. NOV's Total Operating Expenses 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.
Total Operating Expenses10 Years Trend
Pretty Stable
   Total Operating Expenses   
       Timeline  

NOV Total Operating Expenses Regression Statistics

Arithmetic Mean1,448,922,618
Geometric Mean1,159,304,637
Coefficient Of Variation55.46
Mean Deviation553,651,588
Median1,233,000,000
Standard Deviation803,513,487
Sample Variance645633.9T
Range3.6B
R-Value(0.24)
Mean Square Error654421.9T
R-Squared0.06
Significance0.38
Slope(43,564,018)
Total Sum of Squares9038874.9T

NOV Total Operating Expenses History

20241.1 B
20231.2 B
20221.1 B
2021908 M
2020968 M
20191.3 B
20181.2 B

About NOV Financial Statements

NOV investors use historical fundamental indicators, such as NOV's Total Operating Expenses, 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
Total Operating Expenses1.2 B1.1 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.