NOV Inc. (NOV) - Cash Flow Conversion Efficiency
Based on the latest financial reports, NOV Inc. (NOV) has a cash flow conversion efficiency ratio of -0.004x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-26.00 Million) by net assets ($6.27 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NOV net asset quality index to measure how much of total assets are equity-financed.
NOV Inc. - Cash Flow Conversion Efficiency Trend (1996–2025)
This chart illustrates how NOV Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check NOV Inc. earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
NOV Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NOV Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ramsay Health Care Ltd
AU:RHC
|
0.062x |
|
Metallurgical Corporation of China Ltd
SHG:601618
|
0.019x |
|
Maxis Bhd
KLSE:6012
|
0.107x |
|
Eva Airways Corp
TW:2618
|
0.179x |
|
Prosperity Bancshares Inc
NYSE:PB
|
0.010x |
|
Noble Corporation plc
NYSE:NE
|
0.060x |
|
Macerich Company
NYSE:MAC
|
0.038x |
|
Definity Financial Corp
TO:DFY
|
-0.030x |
Annual Cash Flow Conversion Efficiency for NOV Inc. (1996–2025)
The table below shows the annual cash flow conversion efficiency of NOV Inc. from 1996 to 2025. For the full company profile with market capitalisation and key ratios, see NOV market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $6.32 Billion | $1.24 Billion | 0.196x | -3.39% |
| 2024-12-31 | $6.43 Billion | $1.30 Billion | 0.203x | +785.50% |
| 2023-12-31 | $6.24 Billion | $143.00 Million | 0.023x | +165.71% |
| 2022-12-31 | $5.13 Billion | $-179.00 Million | -0.035x | -160.67% |
| 2021-12-31 | $5.06 Billion | $291.00 Million | 0.057x | -67.24% |
| 2020-12-31 | $5.28 Billion | $926.00 Million | 0.175x | +92.76% |
| 2019-12-31 | $7.85 Billion | $714.00 Million | 0.091x | +142.60% |
| 2018-12-31 | $13.89 Billion | $521.00 Million | 0.038x | -36.16% |
| 2017-12-31 | $14.16 Billion | $832.00 Million | 0.059x | -14.29% |
| 2016-12-31 | $14.00 Billion | $960.00 Million | 0.069x | -15.28% |
| 2015-12-31 | $16.46 Billion | $1.33 Billion | 0.081x | -35.69% |
| 2014-12-31 | $20.77 Billion | $2.61 Billion | 0.126x | -17.28% |
| 2013-12-31 | $22.33 Billion | $3.40 Billion | 0.152x | +399.47% |
| 2012-12-31 | $20.36 Billion | $620.00 Million | 0.030x | -74.80% |
| 2011-12-31 | $17.73 Billion | $2.14 Billion | 0.121x | +24.35% |
| 2010-12-31 | $15.86 Billion | $1.54 Billion | 0.097x | -33.98% |
| 2009-12-31 | $14.23 Billion | $2.10 Billion | 0.147x | -18.34% |
| 2008-12-31 | $12.72 Billion | $2.29 Billion | 0.180x | +2.05% |
| 2007-12-31 | $6.72 Billion | $1.19 Billion | 0.177x | -26.54% |
| 2006-12-31 | $5.06 Billion | $1.22 Billion | 0.241x | +1209.17% |
| 2005-12-31 | $4.22 Billion | $77.50 Million | 0.018x | -85.47% |
| 2004-12-31 | $1.31 Billion | $166.20 Million | 0.126x | +351.12% |
| 2003-12-31 | $1.11 Billion | $31.01 Million | 0.028x | -74.59% |
| 2002-12-31 | $942.97 Million | $104.04 Million | 0.110x | +370.58% |
| 2001-12-31 | $867.54 Million | $-35.38 Million | -0.041x | -217.55% |
| 2000-12-31 | $767.21 Million | $26.61 Million | 0.035x | -83.78% |
| 1999-12-31 | $395.10 Million | $84.50 Million | 0.214x | +120.60% |
| 1998-12-31 | $386.80 Million | $37.50 Million | 0.097x | +3465.35% |
| 1997-12-31 | $277.70 Million | $-800.00K | -0.003x | +75.82% |
| 1996-12-31 | $109.10 Million | $-1.30 Million | -0.012x | -- |
About NOV Inc.
NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates in two segments, Energy Equipment, and Energy Products and Services. The Energy Products and Services segment offers drill bits and borehole enlargement products; independe… Read more