NOV (MEX:NOV) EBIT: MXN7,461 Mil (TTM As of Jun. 2026)

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MEX:NOV NOV Inc MEX:NOV
79 GF Score
Price MXN313.00
GF Value MXN299.46
! 9 Warning Signs
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What is NOV EBIT?

NOV MEX:NOV 79 EBIT is MXN7,461 Mil as of Jun. 2026. GuruFocus rates MEX:NOV with a GF Score™ of 79/100 and a GF Value™ of MXN299.46. The stock has 9 warning signs investors should review.

NOV's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was MXN3,106 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was MXN7,461 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NOV's annualized ROC % for the quarter that ended in Jun. 2026 was 6.61%. NOV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 16.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NOV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 5.27%.


NOV  (MEX:NOV) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

NOV's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=13470.628 * ( 1 - 26.11% )/( (151077.961 + 150166.094)/ 2 )
=9953.4470292/150622.0275
=6.61 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=200938.376 - 25660.532 - ( 24199.883 - max(0, 41763.733 - 103165.077+24199.883))
=151077.961

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=195411.351 - 24934.621 - ( 20310.636 - max(0, 41703.11 - 101012.261+20310.636))
=150166.094

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

NOV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=12423.688/( ( (45460.437 + max(28058.882, 0)) + (43901.684 + max(29366.667, 0)) )/ 2 )
=12423.688/( ( 73519.319 + 73268.351 )/ 2 )
=12423.688/73393.835
=16.93 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(30006.413 + 33793.28 + 3732.769) - (25660.532 + 10368.803 + 3444.245)
=28058.882

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31635.037 + 33973.203 + 3472.351) - (24934.621 + 10399.604 + 4379.699)
=29366.667

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

NOV's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=7460.987/141506.780
=5.27 %

* 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 EBIT Related Terms


NOV EBIT Historical Data

* Premium members only.

The historical data trend for NOV's EBIT 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.

NOV EBIT Chart

NOV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,138.64 6,160.74 11,881.97 19,228.96 8,336.64

NOV Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EBIT 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 2,579.60 1,742.70 1,584.50 1,027.86 3,105.92

MEX:NOV vs WFRD, AROC, KGS: EBIT Comparison

For the Oil & Gas Equipment & Services subindustry, NOV's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NOV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where NOV's EV-to-EBIT falls into.


MEX:NOV
79GF Score
NOV Inc MEX:NOV
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NOV EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN7,461 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of MXN7,461 Mil mean?
NOV (MEX:NOV) has a EBIT of MXN7,461 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NOV.
Is NOV's EBIT too high?
NOV's current EBIT is MXN7,461 Mil. Overall, NOV has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does NOV's EBIT compare to WFRD and AROC?
NOV's EBIT of MXN7,461 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NOV. NOV's current EBIT is MXN7,461 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOV stock overvalued right now?
NOV (MEX:NOV) has a current EBIT of MXN7,461 Mil. The stock's GF Value™ is MXN299.46, compared to a current price of MXN313.00 — trading 4.5% above its estimated fair value. The current EBIT is MXN7,461 Mil. NOV's overall GF Score™ is 79/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For NOV (MEX:NOV), the current EBIT is MXN7,461 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NOV (MEX:NOV) Overvalued in 2026?

Based on GuruFocus' analysis, NOV stock appears to be overvalued. The current stock price of MXN313.00 is trading 4.5% above its estimated GF Value™ of MXN299.46.

Key valuation signals for MEX:NOV:

  • EBIT: MXN7,461 Mil
  • GF Value™: MXN299.46 vs. price of MXN313.00 (4.5% above fair value)
  • GF Score™: 79/100 with 9 warning signs

No single metric tells the full story. See the MEX:NOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NOV Business Description

Industry EnergyOil & Gas
Address 10353 Richmond Avenue, Houston, TX, USA, 77042-4103
NOV (formerly National Oilwell Varco) designs, manufactures, and sells a wide range of equipment and components supplying the oil and gas industry, including rig equipment, downhole tools, drill pipe, and well casing. NOV's customers include major integrated oil companies, national oil companies, independent oil and gas companies, and drilling contractors. Its operations are organized into two reportable segments: energy products and services and energy equipment. NOV operates on a global scale, with international markets contributing nearly two-thirds of its annual revenue.
79GF Score

Get the complete analysis for MEX:NOV

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN313.00
Price
MXN299.46
GF Value