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Nov Inc. SupplierIQ Procurement Profile
NOV Inc. is a provider of equipment and technology to the global energy industry. It organizes its business into two reporting segments: the Energy Products and Services segment, which provides drill bits, downhole tools, completion tools, artificial lift system, tubular coating and inspection services, solids control and waste management equipment and services, managed pressure drilling (MPD) equipment and services, data and digital solutions, drill pipe, connectors and integral thread solutions, and composite solutions to the upstream oil and gas, renewables, and industrial markets; and the Energy Equipment segment, which designs, manufactures, and supports capital equipment and integrated systems for the oil and gas exploration and production, as well as for industrial, marine, and renewable energy markets. Its customer base primarily includes service companies, oil and gas companies, and shipyards. It operates its facilities in the US, Mexico, the UAE, Malaysia, China, Denmark, Brazil, England, Canada, Scotland, Norway, South Africa, India, South Korea, and Singapore. The firm is a Delaware corporation founded in 1862. Its headquarters are located in Houston, Texas.
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What’s included in this SupplierIQ Profile
IBISWorld's SupplierIQ profile covering Nov Inc. includes financial statements, products & service markets, competitive position and key financial health ratios.
Company Snapshot
What’s covered in this SupplierIQ Profile?
This SupplierIQ profile on Nov Inc. covers the company’s financial statements, products & service markets, competitive position and key financial health ratios. Nov Inc., trading as Nov, is a public company with 34.0k employees.
What industries does Nov Inc. operate in?
Nov Inc. primarily operates in Oil and Gas Field Machinery and Equipment Manufacturing, as well as in Concrete Pipe & Block Manufacturing in the US, Oil & Gas Field Services in the US, Engineering Services in the US, Credit Counselors, Surveyors & Appraisers in the US, Transmission Line Construction in the US, Metal Pipe & Tube Manufacturing in the US, Chemical Product Manufacturing in the US and Mining, Oil & Gas Machinery Manufacturing in the US.
Product & Service Markets
What’s included in the Product & Service Markets chapter?
The Product & Service Markets chapter provides a breakdown of Nov Inc.’s key product and service segments, organized by standardized industry classifications like NAICS. It includes their market share in each of these markets with market share trends and insights.
Competitive Position
What’s included in the Competitive Position chapter?
The Competitive Position chapter covers Nov Inc.’s performance relative to competitors in each of the products and service markets the company operates in. This includes a detailed competitor matrix comparing the market share, return on assets, return on equity, pricing power and competitive outlook. There are qualitative insights and a detailed SWOT analysis included for each product and service market.
Income Statement
What’s included in the Income Statement chapter?
The Income Statement chapter includes datasets covering Nov Inc.’s historical financial performance. Line items include revenue, cost of sales, gross margins, general and administrative costs, research and development costs, depreciation, interest and taxes. This is available in current and historical datasets.
Balance Sheet
What’s included in the Balance Sheet chapter?
The Balance Sheet chapter includes datasets covering Nov Inc.’s historical financial health. Current asset and non-current asset accounts include line items like cash, receivables, inventories, property, plant and equipment, investments, goodwill. Current liabilities and non-current liabilities accounts include line items like accounts payable, debts, provisions and lease liabilities. The equity accounts include line items like paid-in capital, retained earnings, employee stock option plans and treasury stock. This is available in current and historical datasets.
Cash Flows
What’s included in the Cash Flows chapter?
The Cash Flows chapter includes detailed line item accounts covering Nov Inc.’s operating cash flow activities, financing cash flow activities and investing cash flow activities. This is available in current and historical datasets.
Ratios
What’s included in the Ratios chapter?
The Ratios chapter covers key financial metrics like the operating margin, gross margin, return on equity, return on assets, current ratio, quick ratio, EBIT margins, EBITDA margins, debt ratio, equity ratio and debt to equity ratios. This is available in current and historical datasets.
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Frequently Asked Questions
What is the 2025 revenue for Nov Inc.?
According to the 2026 IBISWorld ProcurementIQ report, Nov Inc. generated $8.7bn in revenue.
Who are Nov Inc.’s main competitors?
The 2026 ProcurementIQ report benchmarks Nov Inc. against its top competitors across execution score, operational capabilities, pricing power, and market share.
What is Nov Inc.’s EBITDA margin?
Nov Inc.’s EBITDA margin is reported across a 7-year period in the 2026 IBISWorld ProcurementIQ report. The report includes a full income statement breakdown.
What markets does Nov Inc. operate in?
The 2026 report identifies all NAICS-coded product and service markets Nov Inc. participates in, including market share, concentration, profitability trends, and average vendor risk ratings.
How many employees does Nov Inc. have?
The 2026 ProcurementIQ report lists Nov Inc.’s employee count and benchmarks workforce size against key competitors to assess relative operational capacity.
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