NOV Inc. (NOV) — Free Cash Flow Generation Index
Latest as of December 2025:
0.82x
NOV Inc. (NOV) has a Free Cash Flow Generation Index of 0.82x as of December 2025. Free cash flow of $472.00 Million represents 1% of operating cash flow ($573.00 Million). Explore NOV capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
0.82x
Free Cash Flow / Operating CF
Free Cash Flow
$472.00 Million
USD
Operating Cash Flow
$573.00 Million
USD
Capital Expenditures
$101.00 Million
USD
NOV Inc. Free Cash Flow Generation Index (1998–2025)
Historical FCF Generation Index trend for NOV Inc. across 26 annual periods. For the full cash flow conversion analysis, see NOV Inc. (NOV) cash flow conversion.
Annual Free Cash Flow Generation for NOV Inc. (1998–2025)
Year-by-year Free Cash Flow Generation Index for NOV Inc.. Check total reinvestment intensity of NOV Inc. to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.70x | $864.00 Million | $1.24 Billion | $375.00 Million | ▼ -4.6% |
| 2024 | 0.73x | $953.00 Million | $1.30 Billion | $351.00 Million | ▲ +174.6% |
| 2023 | -0.98x | $-140.00 Million | $143.00 Million | $283.00 Million | ▼ -416.6% |
| 2021 | 0.31x | $90.00 Million | $291.00 Million | $201.00 Million | ▼ -59.1% |
| 2020 | 0.76x | $700.00 Million | $926.00 Million | $226.00 Million | ▲ +12.2% |
| 2019 | 0.67x | $481.00 Million | $714.00 Million | $233.00 Million | ▲ +26.7% |
| 2018 | 0.53x | $277.00 Million | $521.00 Million | $244.00 Million | ▼ -30.9% |
| 2017 | 0.77x | $640.00 Million | $832.00 Million | $192.00 Million | ▲ +9.2% |
| 2016 | 0.70x | $676.00 Million | $960.00 Million | $284.00 Million | ▲ +6.7% |
| 2015 | 0.66x | $879.00 Million | $1.33 Billion | $453.00 Million | ▼ -9.9% |
| 2014 | 0.73x | $1.92 Billion | $2.61 Billion | $699.00 Million | ▼ -8.8% |
| 2013 | 0.80x | $2.73 Billion | $3.40 Billion | $669.00 Million | ▲ +1245.7% |
| 2012 | 0.06x | $37.00 Million | $620.00 Million | $583.00 Million | ▼ -92.3% |
| 2011 | 0.77x | $1.66 Billion | $2.14 Billion | $483.00 Million | ▼ -8.8% |
| 2010 | 0.85x | $1.31 Billion | $1.54 Billion | $232.00 Million | ▼ -3.5% |
| 2009 | 0.88x | $1.84 Billion | $2.10 Billion | $250.00 Million | ▲ +5.5% |
| 2008 | 0.84x | $1.92 Billion | $2.29 Billion | $378.50 Million | ▲ +6.0% |
| 2007 | 0.79x | $936.20 Million | $1.19 Billion | $251.80 Million | ▼ -5.7% |
| 2006 | 0.84x | $1.02 Billion | $1.22 Billion | $200.40 Million | ▲ +335.4% |
| 2005 | -0.35x | $-27.50 Million | $77.50 Million | $105.00 Million | ▼ -146.4% |
| 2004 | 0.77x | $127.20 Million | $166.20 Million | $39.00 Million | ▲ +1834.9% |
| 2003 | -0.04x | $-1.37 Million | $31.01 Million | $32.38 Million | ▼ -105.8% |
| 2002 | 0.76x | $79.24 Million | $104.04 Million | $24.80 Million | ▲ +887.7% |
| 2000 | 0.08x | $2.05 Million | $26.61 Million | $24.56 Million | ▲ +210.3% |
| 1999 | 0.02x | $2.10 Million | $84.50 Million | $82.40 Million | ▲ +100.8% |
| 1998 | -3.23x | $-121.20 Million | $37.50 Million | $158.70 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).