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NOV (NOV) EPS without NRI

: $2.51 (TTM As of Dec. 2023)
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NOV's earnings per share without non-recurring items for the three months ended in Dec. 2023 was $1.51. Its earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Dec. 2023 was $2.51.

During the past 12 months, NOV's average earnings per share (NRI) Growth Rate was 541.00% per year. During the past 10 years, the average earnings per share (NRI) Growth Rate was 0.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using Earnings per share without Non-Recurring Items (NRI) data.

The historical rank and industry rank for NOV's EPS without NRI or its related term are showing as below:

During the past 13 years, NOV's highest 3-Year average Earnings Per Share (NRI) Growth Rate was 77.70% per year. The lowest was -101.00% per year. And the median was 8.85% per year.

NOV's 3-Year EPS without NRI Growth Rate is not ranked *
in the Oil & Gas industry.
Industry Median: 19.8
* Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.

NOV's EPS (Diluted) for the three months ended in Dec. 2023 was $1.51. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.51.

NOV's EPS (Basic) for the three months ended in Dec. 2023 was $1.52. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.52.


NOV EPS without NRI Historical Data

The historical data trend for NOV's EPS without NRI 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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => -1.59 [6] => -2.12 [7] => -0.65 [8] => 0.39 [9] => 2.50 )
NOV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EPS without NRI
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.59 -2.12 -0.65 0.39 2.50

NOV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EPS without NRI 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 Premium Member Only Premium Member Only Premium Member Only 0.26 0.32 0.39 0.29 1.51

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, NOV's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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 PE Ratio without NRI Distribution

For the Oil & Gas industry and Energy sector, NOV's PE Ratio without NRI distribution charts can be found below:

* The bar in red indicates where NOV's PE Ratio without NRI falls into.



NOV EPS without NRI Calculation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.

Earnings Per Share without Non-Recurring Items is the amount of earnings without non-recurring items per outstanding share of the company's stock.

EPS without NRI 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 $2.51

* 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) EPS without NRI Explanation

EPS without NRI removes onetime and unusual items from EPS, to provide investors with a more accurate measure of the company’s true earnings. The earnings are adjusted for items that are irregular or unusual in nature, and/or are non-recurring. This is calculated using Net Income (Continuing Operations) plus/minus any tax affected unusual Items and Goodwill Impairments/Write Offs. This can be used to fairly measure a company's profitability.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


NOV EPS without NRI Related Terms

Thank you for viewing the detailed overview of NOV's EPS without NRI 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

NOV (NOV) Headlines

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