NOV Gross Margin 2010-2024 | NOV

NOV gross margin for the quarter ending September 30, 2024 was 22.62%.

  • NOV average gross margin for 2023 was 20.93%, a 30.98% increase from 2022.
  • NOV average gross margin for 2022 was 15.98%, a 64.91% increase from 2021.
  • NOV average gross margin for 2021 was 9.69%, a 4.63% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

NOV Gross Margin 2010-2024 | NOV

  • NOV average gross margin for 2023 was 20.93%, a 30.98% increase from 2022.
  • NOV average gross margin for 2022 was 15.98%, a 64.91% increase from 2021.
  • NOV average gross margin for 2021 was 9.69%, a 4.63% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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