NOV
NOV
Operating Margin for NOV (NOV)
Operating Margin as of April 2024 (TTM): 7.29%
According to NOV's latest financial reports and stock price the company's current Operating Margin is 7.29%. At the end of 2022 the company had an Operating Margin of 3.29%.
Operating Margin history for NOV from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 3.29% | -178.98% |
| 2021 | -4.16% | -90.88% |
| 2020 | -45.63% | -40.12% |
| 2019 | -76.21% | -15812.65% |
| 2018 | 0.49% | -109.04% |
| 2017 | -5.37% | -85.16% |
| 2016 | -36.17% | 806.32% |
| 2015 | -3.99% | -124.49% |
| 2014 | 16.30% | 10.89% |
| 2013 | 14.70% | -15.97% |
| 2012 | 17.49% | -12.27% |
| 2011 | 19.93% | 1.09% |
| 2010 | 19.72% | 13.53% |
| 2009 | 17.37% | -21.22% |
| 2008 | 22.05% | 6.37% |
| 2007 | 20.73% | 38.79% |
| 2006 | 14.93% | 61.3% |
| 2005 | 9.26% | 63.21% |
| 2004 | 5.67% | 876.17% |
| 2003 | 0.58% | -92.14% |
| 2002 | 7.39% | -23.15% |
| 2001 | 9.61% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Schlumberger SLB | 15.20% | 108.50% | 🇺🇸 USA |
 TechnipFMC
FTI | 2.07% | -71.60% | 🇬🇧 UK |
 Forum Energy Technologies
FET | 2.32% | -68.18% | 🇺🇸 USA |
 Newpark Resources
NR | -2.96% | -140.60% | 🇺🇸 USA |
 Oil States International
OIS | 2.03% | -72.15% | 🇺🇸 USA |
 Dril-Quip DRQ | 4.90% | -32.78% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.