NOV Return on Equity

NOV (NOV) currently reports a ROE of 2.39%. That is below the Industrials sector average of 35.28%. Use the charts on this page to explore NOV's ROE history and peer comparisons.

NOV's ROE of 2.39% is lower than the Industrials sector average of 35.28%. That is roughly 93.2% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

There is no universal 'good' ROE, but NOV's current 2.39% should be judged against Industrials norms (sector average: 35.28%) and against NOV's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.

Start with the current ROE of 2.39%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Industrials average is 35.28%. From there, open related valuation or income-statement pages for NOV, and consider following NOV for alerts when major investors trade the stock.

NOV is classified in the Industrials sector. On ROE, it currently shows 2.39% versus a sector average near 35.28%. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Industrials are usually more informative than comparing NOV with unrelated industries.