NOV Inc. (NOV) — Financial Flexibility Index
NOV Inc. (NOV) has a Financial Flexibility Index of 0.01x as of March 2026. Free cash flow of $39.00 Million (operating CF $-26.00 Million minus capex $65.00 Million) represents 0% of total liabilities ($4.88 Billion). Check NOV total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
NOV Inc. Financial Flexibility Index (1996–2025)
Historical Financial Flexibility Index trend for NOV Inc. across 30 annual periods. For the full cash flow conversion analysis, see NOV Inc. operating cash flow efficiency.
Annual Financial Flexibility Index for NOV Inc. (1996–2025)
Year-by-year free cash flow to debt coverage for NOV Inc.. Explore NOV Inc. (NOV) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.32x | $1.61 Billion | $1.24 Billion | $4.97 Billion | ▼ -3.2% |
| 2024 | 0.34x | $1.66 Billion | $1.30 Billion | $4.93 Billion | ▲ +297.9% |
| 2023 | 0.08x | $426.00 Million | $143.00 Million | $5.05 Billion | ▲ +1104.9% |
| 2022 | 0.01x | $35.00 Million | $-179.00 Million | $5.00 Billion | ▼ -93.6% |
| 2021 | 0.11x | $492.00 Million | $291.00 Million | $4.49 Billion | ▼ -55.7% |
| 2020 | 0.25x | $1.15 Billion | $926.00 Million | $4.65 Billion | ▲ +38.7% |
| 2019 | 0.18x | $947.00 Million | $714.00 Million | $5.30 Billion | ▲ +37.9% |
| 2018 | 0.13x | $765.00 Million | $521.00 Million | $5.91 Billion | ▼ -23.5% |
| 2017 | 0.17x | $1.02 Billion | $832.00 Million | $6.05 Billion | ▼ -2.8% |
| 2016 | 0.17x | $1.24 Billion | $960.00 Million | $7.14 Billion | ▲ +0.2% |
| 2015 | 0.17x | $1.78 Billion | $1.33 Billion | $10.27 Billion | ▼ -32.9% |
| 2014 | 0.26x | $3.31 Billion | $2.61 Billion | $12.79 Billion | ▼ -20.5% |
| 2013 | 0.33x | $4.07 Billion | $3.40 Billion | $12.48 Billion | ▲ +201.3% |
| 2012 | 0.11x | $1.20 Billion | $620.00 Million | $11.13 Billion | ▼ -67.9% |
| 2011 | 0.34x | $2.63 Billion | $2.14 Billion | $7.79 Billion | ▲ +36.6% |
| 2010 | 0.25x | $1.77 Billion | $1.54 Billion | $7.19 Billion | ▼ -23.1% |
| 2009 | 0.32x | $2.35 Billion | $2.10 Billion | $7.30 Billion | ▲ +5.2% |
| 2008 | 0.31x | $2.67 Billion | $2.29 Billion | $8.76 Billion | ▲ +14.3% |
| 2007 | 0.27x | $1.44 Billion | $1.19 Billion | $5.39 Billion | ▼ -25.4% |
| 2006 | 0.36x | $1.42 Billion | $1.22 Billion | $3.96 Billion | ▲ +382.3% |
| 2005 | 0.07x | $182.50 Million | $77.50 Million | $2.46 Billion | ▼ -53.6% |
| 2004 | 0.16x | $205.20 Million | $166.20 Million | $1.28 Billion | ▲ +186.4% |
| 2003 | 0.06x | $63.39 Million | $31.01 Million | $1.14 Billion | ▼ -55.6% |
| 2002 | 0.13x | $128.85 Million | $104.04 Million | $1.03 Billion | ▲ +1046.5% |
| 2001 | -0.01x | $-8.02 Million | $-35.38 Million | $604.16 Million | ▼ -113.3% |
| 2000 | 0.10x | $51.17 Million | $26.61 Million | $511.69 Million | ▼ -76.8% |
| 1999 | 0.43x | $166.90 Million | $84.50 Million | $387.20 Million | ▼ -5.3% |
| 1998 | 0.46x | $196.20 Million | $37.50 Million | $431.20 Million | ▲ +158.0% |
| 1997 | 0.18x | $51.10 Million | $-800.00K | $289.80 Million | ▼ -74.3% |
| 1996 | 0.69x | $108.10 Million | $-1.30 Million | $157.60 Million | — |