NOV Income Before Tax from 2010 to 2024
NOV Stock | USD 18.49 0.86 4.44% |
Income Before Tax | First Reported 1996-09-30 | Previous Quarter 135 M | Current Value 165 M | Quarterly Volatility 740.5 M |
Check NOV financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NOV main balance sheet or income statement drivers, such as Depreciation And Amortization of 359.8 M, Interest Expense of 46.8 M or Total Revenue of 8.8 B, as well as many exotic indicators such as Price To Sales Ratio of 1.49, Dividend Yield of 0.0155 or PTB Ratio of 2.1. NOV financial statements analysis is a perfect complement when working with NOV Valuation or Volatility modules.
NOV | Income Before Tax |
Latest NOV's Income Before Tax Growth Pattern
Below is the plot of the Income Before Tax of NOV Inc over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on NOV income statement and is an important metric when analyzing NOV Inc profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is NOV's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NOV's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax | 10 Years Trend |
|
Income Before Tax |
Timeline |
NOV Income Before Tax Regression Statistics
Arithmetic Mean | 96,609,848 | |
Geometric Mean | 566,059,730 | |
Coefficient Of Variation | 2,788 | |
Mean Deviation | 1,840,877,171 | |
Median | 41,000,000 | |
Standard Deviation | 2,693,477,196 | |
Sample Variance | 7254819.4T | |
Range | 10B | |
R-Value | (0.41) | |
Mean Square Error | 6472830.7T | |
R-Squared | 0.17 | |
Significance | 0.12 | |
Slope | (249,432,736) | |
Total Sum of Squares | 101567471.7T |
NOV Income Before Tax History
About NOV Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include NOV income statement, its balance sheet, and the statement of cash flows. NOV investors use historical funamental indicators, such as NOV's Income Before Tax, to determine how well the company is positioned to perform in the future. Although NOV investors may use each financial statement separately, they are all related. The changes in NOV's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NOV's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NOV Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NOV. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Income Before Tax | 612 M | 365.8 M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out the analysis of NOV Correlation against competitors. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for NOV Stock analysis
When running NOV's price analysis, check to measure NOV's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NOV is operating at the current time. Most of NOV's value examination focuses on studying past and present price action to predict the probability of NOV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOV's price. Additionally, you may evaluate how the addition of NOV to your portfolios can decrease your overall portfolio volatility.
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |
Is NOV's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NOV. If investors know NOV will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NOV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.06) | Dividend Share 0.2 | Earnings Share 2.48 | Revenue Per Share 22.302 | Quarterly Revenue Growth 0.098 |
The market value of NOV Inc is measured differently than its book value, which is the value of NOV that is recorded on the company's balance sheet. Investors also form their own opinion of NOV's value that differs from its market value or its book value, called intrinsic value, which is NOV's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NOV's market value can be influenced by many factors that don't directly affect NOV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NOV's value and its price as these two are different measures arrived at by different means. Investors typically determine if NOV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NOV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.