NOV Inc. (NOV) — Cash Flow Reinvestment Rate
Latest as of December 2025:
0.18x
NOV Inc. (NOV) has a Cash Flow Reinvestment Rate of 0.18x as of December 2025, reinvesting $101.00 Million (capex $101.00 Million ) from operating cash flow of $573.00 Million. See NOV Inc. (NOV) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
0.18x
(Capex + Investments) / Operating CF
Total Reinvested
$101.00 Million
Capex + Investments
Operating Cash Flow
$573.00 Million
USD
Capital Expenditures
$101.00 Million
USD
NOV Inc. Cash Flow Reinvestment Rate (1998–2025)
Historical reinvestment intensity for NOV Inc. across 26 annual periods. For the full cash flow conversion analysis, see NOV operating cash flow.
Annual Cash Flow Reinvestment Rate for NOV Inc. (1998–2025)
Year-by-year capital reinvestment analysis for NOV Inc.. See NOV financial flexibility score to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.30x | $375.00 Million | $1.24 Billion | $375.00 Million | ▼ -52.0% |
| 2024 | 0.63x | $822.00 Million | $1.30 Billion | $351.00 Million | ▼ -83.9% |
| 2023 | 3.91x | $559.00 Million | $143.00 Million | $283.00 Million | ▲ +186.5% |
| 2021 | 1.36x | $397.00 Million | $291.00 Million | $201.00 Million | ▲ +241.4% |
| 2020 | 0.40x | $370.00 Million | $926.00 Million | $226.00 Million | ▼ -47.9% |
| 2019 | 0.77x | $548.00 Million | $714.00 Million | $233.00 Million | ▼ -43.0% |
| 2018 | 1.35x | $701.00 Million | $521.00 Million | $244.00 Million | ▲ +156.2% |
| 2017 | 0.53x | $437.00 Million | $832.00 Million | $192.00 Million | ▼ -34.7% |
| 2016 | 0.80x | $772.00 Million | $960.00 Million | $284.00 Million | ▲ +136.5% |
| 2015 | 0.34x | $453.00 Million | $1.33 Billion | $453.00 Million | ▲ +27.2% |
| 2014 | 0.27x | $699.00 Million | $2.61 Billion | $699.00 Million | ▲ +35.8% |
| 2013 | 0.20x | $669.00 Million | $3.40 Billion | $669.00 Million | ▼ -79.1% |
| 2012 | 0.94x | $583.00 Million | $620.00 Million | $583.00 Million | ▲ +317.2% |
| 2011 | 0.23x | $483.00 Million | $2.14 Billion | $483.00 Million | ▲ +49.8% |
| 2010 | 0.15x | $232.00 Million | $1.54 Billion | $232.00 Million | ▲ +26.1% |
| 2009 | 0.12x | $250.00 Million | $2.10 Billion | $250.00 Million | ▼ -27.7% |
| 2008 | 0.16x | $378.50 Million | $2.29 Billion | $378.50 Million | ▼ -22.2% |
| 2007 | 0.21x | $251.80 Million | $1.19 Billion | $251.80 Million | ▲ +28.7% |
| 2006 | 0.16x | $200.40 Million | $1.22 Billion | $200.40 Million | ▼ -87.8% |
| 2005 | 1.35x | $105.00 Million | $77.50 Million | $105.00 Million | ▲ +477.4% |
| 2004 | 0.23x | $39.00 Million | $166.20 Million | $39.00 Million | ▼ -77.5% |
| 2003 | 1.04x | $32.38 Million | $31.01 Million | $32.38 Million | ▲ +337.9% |
| 2002 | 0.24x | $24.80 Million | $104.04 Million | $24.80 Million | ▼ -74.2% |
| 2000 | 0.92x | $24.56 Million | $26.61 Million | $24.56 Million | ▼ -5.4% |
| 1999 | 0.98x | $82.40 Million | $84.50 Million | $82.40 Million | ▼ -77.0% |
| 1998 | 4.23x | $158.70 Million | $37.50 Million | $158.70 Million | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow