Stock Analysis on Net
Stock Analysis on Net

National Oilwell Varco Inc. (NYSE:NOV)

This company has been moved to the archive! The financial data has not been updated since August 3, 2016.

Analysis of Profitability Ratios
Quarterly Data

Microsoft Excel

Profitability ratios measure the company ability to generate profitable sales from its resources (assets).

Profitability Ratios (Summary)

National Oilwell Varco Inc., profitability ratios (quarterly data)

Microsoft Excel
Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013 Dec 31, 2012 Sep 30, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011 Sep 30, 2011 Jun 30, 2011 Mar 31, 2011
Return on Sales
Gross profit margin 13.18% 17.57% 20.76% 23.90% 25.45% 26.65% 27.09% 26.34% 25.80% 24.56% 24.00% 24.07% 24.17% 25.36% 26.64% 28.04% 29.42% 30.28% 30.68% — — —
Operating profit margin -18.68% -9.48% -2.64% 12.14% 14.53% 15.83% 16.85% 16.70% 16.35% 15.46% 14.97% 15.05% 15.16% 16.30% 17.75% 18.81% 19.82% 20.27% 20.04% — — —
Net profit margin -17.14% -9.88% -5.21% 7.60% 9.45% 10.40% 11.67% 11.71% 11.32% 10.75% 10.18% 10.44% 10.56% 11.34% 12.43% 12.88% 13.60% 13.87% 13.60% — — —
Return on Investment
Return on equity (ROE) -10.57% -7.32% -4.69% 7.44% 10.00% 11.68% 12.09% 11.92% 11.73% 10.64% 10.47% 10.81% 11.09% 11.62% 12.31% 12.25% 12.31% 11.91% 11.32% — — —
Return on assets (ROA) -7.16% -4.84% -2.88% 4.55% 6.06% 6.86% 7.45% 7.48% 7.40% 6.80% 6.68% 6.74% 6.89% 7.11% 7.91% 8.36% 8.32% 8.34% 7.82% — — —

Based on: 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. National Oilwell Varco Inc. gross profit margin ratio deteriorated from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. National Oilwell Varco Inc. operating profit margin ratio deteriorated from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. National Oilwell Varco Inc. net profit margin ratio deteriorated from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016.
Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. National Oilwell Varco Inc. ROE deteriorated from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016.
ROA A profitability ratio calculated as net income divided by total assets. National Oilwell Varco Inc. ROA deteriorated from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016.

Gross Profit Margin

National Oilwell Varco Inc., gross profit margin calculation (quarterly data)

Microsoft Excel
Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013 Dec 31, 2012 Sep 30, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011 Sep 30, 2011 Jun 30, 2011 Mar 31, 2011
Selected Financial Data (US$ in millions)
Gross profit 35 244 359 672 855 1,177 1,536 1,528 1,455 1,290 1,497 1,462 1,266 1,264 1,395 1,371 1,306 1,267 1,275 1,164 1,083 975
Revenue 1,724 2,189 2,722 3,306 3,909 4,820 5,709 5,587 5,255 4,889 6,172 5,789 5,601 5,307 5,685 5,319 4,734 4,303 4,259 3,740 3,513 3,146
Profitability Ratio
Gross profit margin1 13.18% 17.57% 20.76% 23.90% 25.45% 26.65% 27.09% 26.34% 25.80% 24.56% 24.00% 24.07% 24.17% 25.36% 26.64% 28.04% 29.42% 30.28% 30.68% — — —
Benchmarks
Gross Profit Margin, Competitors2
Schlumberger Ltd. — — — — — — — — — — — — — — — — — — — — — —

Based on: 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).

1 Q2 2016 Calculation
Gross profit margin = 100 × (Gross profitQ2 2016 + Gross profitQ1 2016 + Gross profitQ4 2015 + Gross profitQ3 2015) ÷ (RevenueQ2 2016 + RevenueQ1 2016 + RevenueQ4 2015 + RevenueQ3 2015)
= 100 × (35 + 244 + 359 + 672) ÷ (1,724 + 2,189 + 2,722 + 3,306) = 13.18%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. National Oilwell Varco Inc. gross profit margin ratio deteriorated from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016.

Operating Profit Margin

National Oilwell Varco Inc., operating profit margin calculation (quarterly data)

Microsoft Excel
Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013 Dec 31, 2012 Sep 30, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011 Sep 30, 2011 Jun 30, 2011 Mar 31, 2011
Selected Financial Data (US$ in millions)
Operating profit (loss) (270) (189) (1,632) 234 438 570 913 988 913 799 957 946 769 751 903 898 879 877 848 772 708 609
Revenue 1,724 2,189 2,722 3,306 3,909 4,820 5,709 5,587 5,255 4,889 6,172 5,789 5,601 5,307 5,685 5,319 4,734 4,303 4,259 3,740 3,513 3,146
Profitability Ratio
Operating profit margin1 -18.68% -9.48% -2.64% 12.14% 14.53% 15.83% 16.85% 16.70% 16.35% 15.46% 14.97% 15.05% 15.16% 16.30% 17.75% 18.81% 19.82% 20.27% 20.04% — — —
Benchmarks
Operating Profit Margin, Competitors2
Schlumberger Ltd. — — — — — — — — — — — — — — — — — — — — — —

Based on: 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).

1 Q2 2016 Calculation
Operating profit margin = 100 × (Operating profit (loss)Q2 2016 + Operating profit (loss)Q1 2016 + Operating profit (loss)Q4 2015 + Operating profit (loss)Q3 2015) ÷ (RevenueQ2 2016 + RevenueQ1 2016 + RevenueQ4 2015 + RevenueQ3 2015)
= 100 × (-270 + -189 + -1,632 + 234) ÷ (1,724 + 2,189 + 2,722 + 3,306) = -18.68%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. National Oilwell Varco Inc. operating profit margin ratio deteriorated from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016.

Net Profit Margin

National Oilwell Varco Inc., net profit margin calculation (quarterly data)

Microsoft Excel
Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013 Dec 31, 2012 Sep 30, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011 Sep 30, 2011 Jun 30, 2011 Mar 31, 2011
Selected Financial Data (US$ in millions)
Net income (loss) attributable to Company (217) (119) (1,523) 155 289 310 595 699 619 589 658 636 531 502 668 612 605 606 574 532 481 407
Revenue 1,724 2,189 2,722 3,306 3,909 4,820 5,709 5,587 5,255 4,889 6,172 5,789 5,601 5,307 5,685 5,319 4,734 4,303 4,259 3,740 3,513 3,146
Profitability Ratio
Net profit margin1 -17.14% -9.88% -5.21% 7.60% 9.45% 10.40% 11.67% 11.71% 11.32% 10.75% 10.18% 10.44% 10.56% 11.34% 12.43% 12.88% 13.60% 13.87% 13.60% — — —
Benchmarks
Net Profit Margin, Competitors2
Schlumberger Ltd. — — — — — — — — — — — — — — — — — — — — — —

Based on: 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).

1 Q2 2016 Calculation
Net profit margin = 100 × (Net income (loss) attributable to CompanyQ2 2016 + Net income (loss) attributable to CompanyQ1 2016 + Net income (loss) attributable to CompanyQ4 2015 + Net income (loss) attributable to CompanyQ3 2015) ÷ (RevenueQ2 2016 + RevenueQ1 2016 + RevenueQ4 2015 + RevenueQ3 2015)
= 100 × (-217 + -119 + -1,523 + 155) ÷ (1,724 + 2,189 + 2,722 + 3,306) = -17.14%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. National Oilwell Varco Inc. net profit margin ratio deteriorated from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016.

Return on Equity (ROE)

National Oilwell Varco Inc., ROE calculation (quarterly data)

Microsoft Excel
Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013 Dec 31, 2012 Sep 30, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011 Sep 30, 2011 Jun 30, 2011 Mar 31, 2011
Selected Financial Data (US$ in millions)
Net income (loss) attributable to Company (217) (119) (1,523) 155 289 310 595 699 619 589 658 636 531 502 668 612 605 606 574 532 481 407
Total Company stockholders’ equity 16,118 16,355 16,383 18,126 18,927 19,037 20,692 21,523 21,332 22,697 22,230 21,627 20,859 20,549 20,239 19,574 18,820 18,416 17,619 17,134 16,790 16,289
Profitability Ratio
ROE1 -10.57% -7.32% -4.69% 7.44% 10.00% 11.68% 12.09% 11.92% 11.73% 10.64% 10.47% 10.81% 11.09% 11.62% 12.31% 12.25% 12.31% 11.91% 11.32% — — —
Benchmarks
ROE, Competitors2
Schlumberger Ltd. — — — — — — — — — — — — — — — — — — — — — —

Based on: 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).

1 Q2 2016 Calculation
ROE = 100 × (Net income (loss) attributable to CompanyQ2 2016 + Net income (loss) attributable to CompanyQ1 2016 + Net income (loss) attributable to CompanyQ4 2015 + Net income (loss) attributable to CompanyQ3 2015) ÷ Total Company stockholders’ equity
= 100 × (-217 + -119 + -1,523 + 155) ÷ 16,118 = -10.57%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. National Oilwell Varco Inc. ROE deteriorated from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016.

Return on Assets (ROA)

National Oilwell Varco Inc., ROA calculation (quarterly data)

Microsoft Excel
Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015 Dec 31, 2014 Sep 30, 2014 Jun 30, 2014 Mar 31, 2014 Dec 31, 2013 Sep 30, 2013 Jun 30, 2013 Mar 31, 2013 Dec 31, 2012 Sep 30, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011 Sep 30, 2011 Jun 30, 2011 Mar 31, 2011
Selected Financial Data (US$ in millions)
Net income (loss) attributable to Company (217) (119) (1,523) 155 289 310 595 699 619 589 658 636 531 502 668 612 605 606 574 532 481 407
Total assets 23,784 24,754 26,725 29,628 31,225 32,424 33,562 34,270 33,827 35,480 34,812 34,673 33,593 33,556 31,484 28,662 27,833 26,287 25,515 24,544 23,756 23,156
Profitability Ratio
ROA1 -7.16% -4.84% -2.88% 4.55% 6.06% 6.86% 7.45% 7.48% 7.40% 6.80% 6.68% 6.74% 6.89% 7.11% 7.91% 8.36% 8.32% 8.34% 7.82% — — —
Benchmarks
ROA, Competitors2
Schlumberger Ltd. — — — — — — — — — — — — — — — — — — — — — —

Based on: 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31), 10-K (reporting date: 2013-12-31), 10-Q (reporting date: 2013-09-30), 10-Q (reporting date: 2013-06-30), 10-Q (reporting date: 2013-03-31), 10-K (reporting date: 2012-12-31), 10-Q (reporting date: 2012-09-30), 10-Q (reporting date: 2012-06-30), 10-Q (reporting date: 2012-03-31), 10-K (reporting date: 2011-12-31), 10-Q (reporting date: 2011-09-30), 10-Q (reporting date: 2011-06-30), 10-Q (reporting date: 2011-03-31).

1 Q2 2016 Calculation
ROA = 100 × (Net income (loss) attributable to CompanyQ2 2016 + Net income (loss) attributable to CompanyQ1 2016 + Net income (loss) attributable to CompanyQ4 2015 + Net income (loss) attributable to CompanyQ3 2015) ÷ Total assets
= 100 × (-217 + -119 + -1,523 + 155) ÷ 23,784 = -7.16%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. National Oilwell Varco Inc. ROA deteriorated from Q4 2015 to Q1 2016 and from Q1 2016 to Q2 2016.