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. Also see NOV Inc. (NOV) total market value for the company's overall valuation and market capitalisation.
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.
NOV Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NOV Inc. ranked by their cash flow conversion efficiency. Explore NOV Inc. (NOV) cash earnings ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kesko Oyj
HE:KESKOB
|
0.103x |
|
Hexcel Corporation
NYSE:HXL
|
0.100x |
|
STAG Industrial Inc
NYSE:STAG
|
0.041x |
|
Quebecor Inc
TO:QBR-B
|
0.150x |
|
SWIGGY LIMITED
NSE:SWIGGY
|
-0.018x |
|
Descartes Systems Group Inc
TO:DSG
|
0.048x |
|
Prosperity Bancshares Inc
NYSE:PB
|
0.010x |
|
Federal Signal Corporation
NYSE:FSS
|
0.075x |
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. View NOV Inc. (NOV) stock price for real-time trading data and today's change.
| 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