Switch to:
National Oilwell Varco, Inc. (NYSE:NOV)
Non-Recurring Items
$22 Mil (TTM As of Dec. 2013)

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. 2013 was $-1 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Dec. 2013 was $22 Mil.

As of today, National Oilwell Varco, Inc.'s share price is $82.37. National Oilwell Varco, Inc.'s earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2013 was $5.44. Therefore, National Oilwell Varco, Inc.'s P/E (NRI) ratio for today is 15.14.


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. 2013 was -2 (Mar. 2013 ) + 28 (Jun. 2013 ) + -3 (Sep. 2013 ) + -1 (Dec. 2013 ) = $22 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 $82.37.
National Oilwell Varco, Inc.'s Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Dec. 2013 was 1.17 (Mar. 2013 ) + 1.24 (Jun. 2013 ) + 1.49 (Sep. 2013 ) + 1.54 (Dec. 2013 ) = $5.44.

* 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

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Non Operating Income -2-31-39-1865-63-137-1322

National Oilwell Varco, Inc. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Non Operating Income 11-1114-15-13-228-3-1
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide