NOV Return On Tangible Equity 2010-2024 | NOV

NOV return on tangible equity for the quarter ending June 30, 2024 was 25.92.

  • NOV average return on tangible equity for 2023 was 16.48, a 1994.25% increase from 2022.
  • NOV average return on tangible equity for 2022 was -0.87, a 94.23% decline from 2021.
  • NOV average return on tangible equity for 2021 was -15.09, a 85.52% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.

NOV Return On Tangible Equity 2010-2024 | NOV

  • NOV average return on tangible equity for 2023 was 16.48, a 1994.25% increase from 2022.
  • NOV average return on tangible equity for 2022 was -0.87, a 94.23% decline from 2021.
  • NOV average return on tangible equity for 2021 was -15.09, a 85.52% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.
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