NOV Inc. Cash Flow Conversion Efficiency
NOV Inc. 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.
Cash Flow Conversion Efficiency of NOV Inc. (1996–2025)
Cash flow conversion efficiency of NOV Inc. from 1996 to 2025. This chart illustrates how NOV Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. View NOV Inc. (NOV) share price today for real-time trading data and today's change.
NOV Inc. Cash Flow Conversion Ratio Explained
NOV Inc. cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
NOV Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NOV Inc. ranked by their cash flow conversion efficiency. Also see NOV stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sunway Bhd
KLSE:5211
|
0.073x |
|
Vietnam Prosperity Joint Stock Commercial Bank
VN:VPB
|
0.065x |
|
Tencent Music Entertainment Group
F:63TA
|
0.030x |
|
Vibra Energia S.A.
SA:VBBR3
|
0.136x |
|
LandMark Optoelectronics
TWO:3081
|
0.057x |
|
Prosperity Bancshares Inc
NYSE:PB
|
0.010x |
|
Macerich Company
NYSE:MAC
|
0.050x |
|
Charter Hall Group
AU:CHC
|
0.056x |
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. Review NOV free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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