NOV Quarterly Balance Sheet
NYSE: NOVEnergyOil & Gas Equipment & ServicesUSD
At close: Oct 12, 4:00 PM ET · Delayed 15 min
NOV financial position
As of Mar 31, 2026, NOV reported total assets of $11.14 billion, down 1.2% from a year earlier against total liabilities of $4.88 billion. Shareholders' equity stood at $6.21 billion, or 55.7% of assets. The company held $1.34 billion in cash and equivalents against $1.72 billion of debt, a net debt position of $373.0 million.
The current ratio (current assets divided by current liabilities) was 2.47, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.28.
Summary generated from market data by MetaCap's automated system. Methodology
NOV balance sheet (quarterly)
| Quarter (USD) | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 | Q2 20232023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.34B | 1.55B | 1.21B | 1.08B | 1.16B | 1.23B | 985.00M | 827.00M | 468.00M | 816.00M | 513.00M | 592.00M |
| Receivables | 1.66B | 1.70B | 1.87B | 1.90B | 1.79B | 1.82B | 1.90B | 1.85B | 1.87B | 1.91B | 1.98B | 1.89B |
| Inventory | 1.87B | 1.80B | 1.89B | 1.93B | 1.94B | 1.93B | 2.12B | 2.16B | 2.28B | 2.15B | 2.28B | 2.20B |
| Total Current Assets | 5.72B | 5.82B | 5.76B | 5.78B | 5.78B | 5.77B | 5.92B | 5.84B | 5.69B | 5.84B | 5.66B | 5.61B |
| Property, Plant & Equipment | 2.02B | 2.05B | 2.02B | 1.99B | 1.95B | 1.92B | 1.91B | 1.88B | 1.88B | 1.86B | 1.84B | 1.84B |
| Goodwill | 1.58B | 1.58B | 1.62B | 1.62B | 1.62B | 1.63B | 1.61B | 1.62B | 1.60B | 1.56B | 1.56B | 1.55B |
| Intangible Assets | 442.00M | 455.00M | 466.00M | 496.00M | 506.00M | 508.00M | 493.00M | 498.00M | 508.00M | 450.00M | — | — |
| Total Assets | 11.14B | 11.29B | 11.34B | 11.36B | 11.27B | 11.36B | 11.42B | 11.30B | 11.30B | 11.29B | 10.50B | 10.45B |
| Accounts Payable | 852.00M | 831.00M | 798.00M | 823.00M | 796.00M | 837.00M | 835.00M | 809.00M | 823.00M | 904.00M | 925.00M | 1.01B |
| Short-Term Debt | 27.00M | 30.00M | 34.00M | 38.00M | 38.00M | 37.00M | 28.00M | 24.00M | 44.00M | 13.00M | 13.00M | 13.00M |
| Total Current Liabilities | 2.32B | 2.41B | 2.26B | 2.24B | 2.18B | 2.35B | 2.30B | 2.24B | 2.27B | 2.44B | 2.37B | 2.38B |
| Long-Term Debt | 1.69B | 1.69B | 1.69B | 1.69B | 1.70B | 1.70B | 1.72B | 1.72B | 1.76B | 1.71B | 1.72B | 1.72B |
| Total Liabilities | 4.88B | 4.97B | 4.83B | 4.80B | 4.78B | 4.93B | 4.91B | 4.87B | 4.98B | 5.05B | 4.93B | 4.95B |
| Shareholders' Equity | 6.21B | 6.27B | 6.46B | 6.50B | 6.44B | 6.38B | 6.46B | 6.38B | 6.25B | 6.17B | 5.52B | 5.43B |
| Retained Earnings | -687.00M | -673.00M | -568.00M | -582.00M | -583.00M | -628.00M | -759.00M | -860.00M | -1.06B | -1.16B | -1.73B | -1.83B |
| Total Debt | 1.72B | 1.72B | 1.73B | 1.73B | 1.74B | 1.74B | 1.75B | 1.75B | 1.81B | 1.73B | 1.73B | 1.73B |
| Net Cash (Debt) | -373.00M | -166.00M | -519.00M | -648.00M | -580.00M | -510.00M | -764.00M | -921.00M | -1.34B | -909.00M | -1.22B | -1.14B |
| Shares Outstanding | 360.26M | 360.80M | 366.51M | 372.74M | 378.08M | 381.55M | 389.08M | 393.71M | 395.50M | 393.95M | 393.93M | 393.78M |
This table shows 12 quarterly periods of NOV's balance sheet, from Q1 2026 back to Q2 2023, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow NOV's reporting calendar. What is a balance sheet?