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National Oilwell Varco Inc (NYSE:NOV)
Non-Recurring Items
$-32 Mil (TTM As of Dec. 2014)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. National Oilwell Varco Inc's non-recurring items for the three months ended in Dec. 2014 was $-62 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Dec. 2014 was $-32 Mil.

As of today, National Oilwell Varco Inc's share price is $54.20. National Oilwell Varco Inc's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2014 was $5.79. Therefore, National Oilwell Varco Inc's P/E (NRI) ratio for today is 9.36.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

National Oilwell Varco Inc Non-Recurring Items for the trailing twelve months (TTM) ended in Dec. 2014 was 10 (Mar. 2014 ) + 2 (Jun. 2014 ) + 18 (Sep. 2014 ) + -62 (Dec. 2014 ) = $-32 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

National Oilwell Varco Inc's P/E (NRI) Ratio for today is calculated as

National Oilwell Varco Inc's Share Price of today is $54.20.
National Oilwell Varco Inc's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Dec. 2014 was 1.37 (Mar. 2014 ) + 1.42 (Jun. 2014 ) + 1.62 (Sep. 2014 ) + 1.38 (Dec. 2014 ) = $5.79.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

National Oilwell Varco Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Non Operating Income -31-39-1865-63-137-1324-32

National Oilwell Varco Inc Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
Non Operating Income -15-13-2261110218-62
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