NOV (MEX:NOV) Tax Provision: MXN-3,468 Mil (TTM As of Mar. 2026)

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MEX:NOV NOV Inc MEX:NOV
72 GF Score
Price MXN313.00
GF Value MXN289.28
! 9 Warning Signs
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What is NOV Tax Provision?

NOV MEX:NOV 72 Tax Provision is MXN-3,468 Mil as of Mar. 2026. GuruFocus rates MEX:NOV with a GF Score™ of 72/100 and a GF Value™ of MXN289.28. The stock has 9 warning signs investors should review.

NOV's tax provision for the three months ended in Mar. 2026 was MXN-270 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-3,468 Mil.

NOV Tax Provision Historical Data

* Premium members only.

The historical data trend for NOV's Tax Provision 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 Tax Provision Chart

NOV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only -307.71 -1,618.17 6,331.40 -4,087.72 -4,033.28

NOV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision 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 -961.54 -18.83 -531.98 -2,646.84 -270.49
MEX:NOV
72GF Score
NOV Inc MEX:NOV
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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NOV Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-3,468 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 Tax Provision →
What does a Tax Provision of MXN-3,468 Mil mean?
NOV (MEX:NOV) has a Tax Provision of MXN-3,468 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on NOV and its competitors.
Is NOV's Tax Provision too high?
NOV's current Tax Provision is MXN-3,468 Mil. Overall, NOV has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does NOV's Tax Provision compare to AROC and WFRD?
NOV's Tax Provision of MXN-3,468 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 Tax Provision for an Oil & Gas company?
A good Tax Provision depends on the Oil & Gas industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on NOV and its competitors. NOV's current Tax Provision is MXN-3,468 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 Tax Provision of MXN-3,468 Mil. The stock's GF Value™ is MXN289.28, compared to a current price of MXN313.00 — trading 8.2% above its estimated fair value. The current Tax Provision is MXN-3,468 Mil. NOV's overall GF Score™ is 72/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For NOV (MEX:NOV), the current Tax Provision is MXN-3,468 Mil as of Mar. 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 8.2% above its estimated GF Value™ of MXN289.28.

Key valuation signals for MEX:NOV:

  • Tax Provision: MXN-3,468 Mil
  • GF Value™: MXN289.28 vs. price of MXN313.00 (8.2% above fair value)
  • GF Score™: 72/100 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.
72GF Score

Get the complete analysis for MEX:NOV

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

MXN313.00
Price
MXN289.28
GF Value