National Oilwell Varco Revenue, Profits - NOV Annual Income Statement

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$44.11 $0.19 (0.43%) NOV stock closing price Sep 17, 2018 (Closing)

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking National Oilwell Varco stock price alone is not sufficient. In the income statement, an investor can check for important parameters like the topline or sales, the bottomline or profits, the basic EPS, dividends etc. The income statement is generated for a specific period of time, typically a year or a quarter. The revenue increase to $7.3B for 2017 impacts the NOV stock. Investors typically check year over year or quarter over quarter revenue growth. Along with National Oilwell Varco assets and National Oilwell Varco free cash flow, National Oilwell Varco profits as shown in profit and loss statement give key insights about the business. The net profit for 2017 is $-237M and the 2017 revenue is $7.3B.

View revenue and profit details for latest and last 10 financial years.
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
National Oilwell Varco Revenues or Net Sales
Cost Of Goods Sold (COGS)6.41B7.35B11.69B15.63B17.38B14.7B10.16B8.32B8.93B9.36B
National Oilwell Varco Gross Profit
Research & Development Expense----------
Selling General & Admin Expense1.17B1.34B1.76B2.09B2.07B1.78B1.56B1.39B1.32B1.15B
Income Before Depreciation Depletion Amortization-277M-1.44B1.3B3.72B3.42B3.56B2.94B2.45B2.46B2.92B
Depreciation Depletion Amortization-972M1.69B104M----147M-
Non Operating Income-13M-107M-96M-14M34M-3M25M--54M111.1M
Interest Expense102M105M103M105M111M49M40M50M53M67.3M
National Oilwell Varco Pretax Income
Provision for Income Taxes-156M-207M178M1.04B1.02B1.02B937M738M735M992.8M
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations-236M-2.42B-767M2.46B2.33B2.48B1.99B1.66B1.47B1.95B
Extraordinary Items & Discontinued Operations---52M------
National Oilwell Varco Profit/ Loss (Net Income)
Average Shares used to compute Diluted EPS377M376M387M430M428M427M424M419M417M398.7M
Average Shares used to compute Basic EPS377M376M387M428M426M425M422M417M416M397.3M
Income Before Nonrecurring Items-155M-324M1.33B2.85B2.36B2.52B2.02B1.71B1.62B2.06B
Income from Nonrecurring Items-82M-2.09B-2.1B-404.2M-34.24M-29M-29.54M-43.41M-151M-110.82M
National Oilwell Varco Earnings Per Share Basic Net
National Oilwell Varco Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items-0.42-0.843.436.645.525.914.774.093.895.17
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.200.611.849.730.910.490.450.411.100.00
All figures in USD. M: Millions of USD, B: Billions of USD.
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National Oilwell Varco stock analysis involves checking at least a few of the important things like:

  • Topline: A growing topline, as seen from the National Oilwell Varco revenue chart, as is the case with National Oilwell Varco indicates a growing business. One needs to compare the YoY topline or sales growth of NOV stock with its peers like CAM stock and TKPPY stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. NOV stock had a healthy bottom line growth.

The income statement is also called statement of revenue and expense. The NOV financials along with National Oilwell Varco historical stock prices provide a lot of details about the firm.

National Oilwell Varco Income Statement - Key Financial Ratios

PS Ratio (price sales ratio)
Operating Margin
Net Profit Margin
Dividend Yield