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NOV (NOV) Pre-Tax Income : $612 Mil (TTM As of Dec. 2023)


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What is NOV Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. NOV's pretax income for the three months ended in Dec. 2023 was $135 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $612 Mil. NOV's pretax margin was 5.76%.

During the past 13 years, NOV's highest Pretax Margin was 16.30%. The lowest was -76.21%. And the median was -4.08%.


NOV Pre-Tax Income Historical Data

The historical data trend for NOV's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NOV Pre-Tax Income Chart

NOV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6,462.00 -2,779.00 -230.00 238.00 612.00

NOV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 141.00 145.00 176.00 156.00 135.00

Competitive Comparison of NOV's Pre-Tax Income

For the Oil & Gas Equipment & Services subindustry, NOV's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NOV's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NOV's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where NOV's Pre-Tax Income falls into.



NOV Pre-Tax Income Calculation

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

NOV's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=651+21+-88+28+0
=612

NOV's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=161+-10+-23+7+0
=135

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $612 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NOV  (NYSE:NOV) Pre-Tax Income Explanation

NOV's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=135/2343
=5.76%

During the past 13 years, NOV's highest Pretax Margin was 16.30%. The lowest was -76.21%. And the median was -4.08%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NOV Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of NOV's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


NOV (NOV) Business Description

Traded in Other Exchanges
Address
10353 Richmond Avenue, Houston, TX, USA, 77042-4103
NOV (formerly National Oilwell Varco) is a leading supplier of oil and gas drilling rig equipment and products, such as downhole tools, drill pipe, and well casing. The company operates on a global scale, with international markets contributing more than 60% of its annual revenue.
Executives
Eric L Mattson director C/O REX ENERGY CORP, 366 WALKER DRIVE, STATE COLLEGE PA 16801
Christy Lynn Novak officer: VP, Corp. Controller, CAO C/O NOV INC., 7909 PARKWOOD CIRCLE DR., HOUSTON TX 77036
Kirk M. Shelton officer: Pres. - Compl. and Prod. Sol. C/O NOV INC., 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036
Isaac H. Joseph officer: See Remarks C/O NOV INC., 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036
David D Harrison director 5500 WAYZATA BLVD., SUITE 800, GOLDEN VALLEY MN 55416
Greg L Armstrong director
Robert S. Welborn director C/O NOV INC., 7909 PARKWOOD CIRCLE DR., HOUSTON TX 77036
Scott K. Duff officer: VP Cntrlr Chf Acctg Offcr 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036-6565
Jose A Bayardo officer: Senior VP and CFO 11700 OLD KATY ROAD SUITE 300, HOUSTON TX 77079
Joseph W Rovig officer: See Remarks 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036-6565
Clay C Williams director, officer: Chairman, President and CEO
Craig L. Weinstock officer: Sr. VP. & Gen. Counsel 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036-6565
Melody B Meyer director 1 NORTH WAUKEGAN ROAD, NORTH CHICAGO IL 60064
James T Hackett director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Marcela E Donadio director 7909 PARKWOOD CIRCLE DRIVE, HOUSTON TX 77036-6565

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