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). Read NOV Inc. debt and liabilities for a breakdown of total debt and financial obligations.

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. Explore NOV Inc. capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Annual Free Cash Flow Generation for NOV Inc. (1998–2025)

Year-by-year Free Cash Flow Generation Index for NOV Inc.. For the full company profile including market capitalisation, see market value of NOV Inc..

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).