NOV Inc. (NOV) — Tangible Net Worth Ratio
NOV Inc. (NOV) has a Tangible Net Worth Ratio of 92.9% as of March 2026. This metric is calculated by deducting intangible assets ($442.00 Million) from net assets ($6.27 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See NOV net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
NOV Inc. Tangible Net Worth Ratio (1996–2025)
This chart shows how NOV Inc.'s Tangible Net Worth Ratio has changed across 30 annual periods from 1996 to 2025. As of March 2026, the ratio stands at 92.9%, reflecting net assets of $6.27 Billion with intangible assets of $442.00 Million USD. Also explore NOV Inc. net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for NOV Inc. (1996–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for NOV Inc. from 1996 to 2025, covering 30 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market cap of NOV Inc..
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 92.8% | $6.32 Billion | $455.00 Million | $11.29 Billion | ▲ +0.7 pp |
| 2024 | 92.1% | $6.43 Billion | $508.00 Million | $11.36 Billion | ▼ -0.7 pp |
| 2023 | 92.8% | $6.24 Billion | $450.00 Million | $11.29 Billion | ▲ +2.3 pp |
| 2022 | 90.5% | $5.13 Billion | $490.00 Million | $10.13 Billion | ▲ +0.4 pp |
| 2021 | 90.1% | $5.06 Billion | $503.00 Million | $9.55 Billion | ▲ +0.1 pp |
| 2020 | 90.0% | $5.28 Billion | $527.00 Million | $9.93 Billion | ▲ +0.9 pp |
| 2019 | 89.1% | $7.85 Billion | $852.00 Million | $13.15 Billion | ▲ +10.9 pp |
| 2018 | 78.3% | $13.89 Billion | $3.02 Billion | $19.80 Billion | ▲ +1.6 pp |
| 2017 | 76.7% | $14.16 Billion | $3.30 Billion | $20.21 Billion | ▲ +1.9 pp |
| 2016 | 74.8% | $14.00 Billion | $3.53 Billion | $21.14 Billion | ▼ -1.8 pp |
| 2015 | 76.6% | $16.46 Billion | $3.85 Billion | $26.73 Billion | ▼ -2.0 pp |
| 2014 | 78.6% | $20.77 Billion | $4.44 Billion | $33.56 Billion | ▲ +1.2 pp |
| 2013 | 77.4% | $22.33 Billion | $5.05 Billion | $34.81 Billion | ▲ +0.7 pp |
| 2012 | 76.7% | $20.36 Billion | $4.74 Billion | $31.48 Billion | ▼ -0.3 pp |
| 2011 | 77.0% | $17.73 Billion | $4.07 Billion | $25.52 Billion | ▲ +2.9 pp |
| 2010 | 74.1% | $15.86 Billion | $4.10 Billion | $23.05 Billion | ▲ +2.6 pp |
| 2009 | 71.5% | $14.23 Billion | $4.05 Billion | $21.53 Billion | ▲ +5.3 pp |
| 2008 | 66.2% | $12.72 Billion | $4.30 Billion | $21.48 Billion | ▼ -22.3 pp |
| 2007 | 88.5% | $6.72 Billion | $774.10 Million | $12.11 Billion | ▲ +2.4 pp |
| 2006 | 86.1% | $5.06 Billion | $705.20 Million | $9.02 Billion | ▲ +50.8 pp |
| 2005 | 35.3% | $4.22 Billion | $2.73 Billion | $6.68 Billion | ▼ -57.8 pp |
| 2004 | 93.1% | $1.31 Billion | $91.00 Million | $2.60 Billion | ▲ +53.3 pp |
| 2003 | 39.7% | $1.11 Billion | $666.62 Million | $2.24 Billion | ▲ +1.4 pp |
| 2002 | 38.3% | $942.97 Million | $581.58 Million | $1.97 Billion | ▼ -21.1 pp |
| 2001 | 59.4% | $867.54 Million | $352.09 Million | $1.47 Billion | ▲ +2.3 pp |
| 2000 | 57.1% | $767.21 Million | $329.34 Million | $1.28 Billion | ▲ +1.2 pp |
| 1999 | 55.8% | $395.10 Million | $174.50 Million | $782.30 Million | ▼ -6.5 pp |
| 1998 | 62.3% | $386.80 Million | $145.70 Million | $818.00 Million | ▼ -29.0 pp |
| 1997 | 91.3% | $277.70 Million | $24.20 Million | $567.50 Million | ▼ -2.9 pp |
| 1996 | 94.2% | $109.10 Million | $6.30 Million | $266.70 Million | — |