NOV Inc. Tangible Net Worth Ratio
NOV Inc. 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. Also explore NOV Inc. (NOV) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of NOV Inc. (1996–2025)
Tangible net worth ratio of NOV Inc. from 1996 to 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. Check NOV Inc. (NOV) strategic asset index to assess the company's strategic physical and investment asset allocation.
NOV Inc. Tangible Net Worth Ratio by Year (1996–2025)
NOV Inc. tangible net worth ratio by year from 1996 to 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 live market cap and overall valuation, see NOV company net worth.
| 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 | — |