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National Oilwell Varco Inc (NYSE:NOV)
Pretax Income
$3,556 Mil (TTM As of Dec. 2014)

Pretax income is the income that a company earns before paying income taxes. National Oilwell Varco Inc's pretax income for the three months ended in Dec. 2014 was $830 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2014 was $3,556 Mil. National Oilwell Varco Inc's pretax margin was 14.54%.

During the past 13 years, National Oilwell Varco Inc's highest Pretax Margin was 22.05%. The lowest was -1.77%. And the median was 9.61%.


Definition

This is the income that a company earns before paying income taxes.

National Oilwell Varco Inc's Pretax Income for the fiscal year that ended in Dec. 2014 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=3613+-32+-105+18+0
=3,494

National Oilwell Varco Inc's Pretax Income for the quarter that ended in Dec. 2014 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=913+-62+-26+5+0
=830

National Oilwell Varco Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2014 was 849 (Mar. 2014 ) + 893 (Jun. 2014 ) + 984 (Sep. 2014 ) + 830 (Dec. 2014 ) = $3,556 Mil.

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


Explanation

National Oilwell Varco Inc's Pretax Margin for the quarter that ended in Dec. 2014 is calculated as

Pretax Margin=Pretax Income/Revenue
=830/5709
=14.54%

During the past 13 years, National Oilwell Varco Inc's highest Pretax Margin was 22.05%. The lowest was -1.77%. And the median was 9.61%.

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


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


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
Pretax Income 4301,0492,0292,9612,2082,3972,9223,5053,1243,494

National Oilwell Varco Inc Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
Pretax Income 874871724712861887849893984830
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