NOV (NOV) Tax Rate %: 26.11% (As of Jun. 2026)

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NOV NOV Inc NOV
79 GF Score
Price $19.65
GF Value $18.81
Valuation Fairly Valued
! 9 Warning Signs
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What is NOV Tax Rate %?

NOV NOV -1.26% 79 Tax Rate % is 26.11% as of Jun. 2026. GuruFocus rates NOV with a GF Score™ of 79/100 and a GF Value™ of $18.81 (Fairly Valued). The stock has 9 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NOV's Tax Expense for the three months ended in Jun. 2026 was $41 Mil. NOV's Pre-Tax Income for the three months ended in Jun. 2026 was $157 Mil. Therefore, NOV's Tax Rate % for the quarter that ended in Jun. 2026 was 26.11%.

NOV Tax Rate % Related Terms

NOV Tax Rate % Historical Data

* Premium members only.

The historical data trend for NOV's Tax Rate % 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 Rate % Chart

NOV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.52 34.87 -60.95 23.59 59.73

NOV Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % 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 0.87 39.73 222.73 42.86 26.11
NOV
79GF Score
NOV Inc NOV
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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NOV Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

NOV's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=224/375
=59.73 %

NOV's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=41/157
=26.11 %

* 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 Rate % →
What does a Tax Rate % of 26.11% mean?
NOV (NOV) has a Tax Rate % of 26.11% as of Jun. 2026.
Is NOV's Tax Rate % too high?
NOV's current Tax Rate % is 26.11%. Overall, NOV has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NOV's Tax Rate % compare to WFRD and AROC?
NOV's Tax Rate % of 26.11% 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 Rate % for an Oil & Gas company?
A good Tax Rate % depends on the Oil & Gas industry context. However, Tax Rate % 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 Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. NOV's current Tax Rate % is 26.11%. 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?
Based on GuruFocus' analysis, NOV (NOV) is currently considered Fairly Valued. The stock's GF Value™ is $18.81, compared to a current price of $19.65 — trading 4.5% above its estimated fair value. The current Tax Rate % is 26.11%. 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 Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For NOV (NOV), the current Tax Rate % is 26.11% 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 (NOV) Overvalued in 2026?

Based on GuruFocus' analysis, NOV stock appears to be overvalued. The current stock price of $19.65 is trading 4.5% above its estimated GF Value™ of $18.81. GuruFocus considers NOV to be Fairly Valued.

Key valuation signals for NOV:

  • Tax Rate %: 26.11%
  • GF Value™: $18.81 vs. price of $19.65 (4.5% above fair value)
  • GF Score™: 79/100 with 9 warning signs

No single metric tells the full story. See the 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 NOV

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

$19.65
Price
$18.81
GF Value