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National Oilwell Varco Inc (NYSE:NOV)
Non-Recurring Items
$35 Mil (TTM As of Mar. 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 Mar. 2014 was $10 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Mar. 2014 was $35 Mil.

As of today, National Oilwell Varco Inc's share price is $76.10. National Oilwell Varco Inc's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2014 was $5.55. Therefore, National Oilwell Varco Inc's P/E (NRI) ratio for today is 13.71.


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 Mar. 2014 was 28 (Jun. 2013 ) + -2 (Sep. 2013 ) + -1 (Dec. 2013 ) + 10 (Mar. 2014 ) = $35 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 $76.10.
National Oilwell Varco Inc's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Mar. 2014 was 1.15 (Jun. 2013 ) + 1.49 (Sep. 2013 ) + 1.54 (Dec. 2013 ) + 1.37 (Mar. 2014 ) = $5.55.

* 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 -2-31-39-1865-63147-231

National Oilwell Varco Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Non Operating Income 414-7-13628-2-1102
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