• NOV average return on equity for 2023 was 10.34, a 2050.94% increase from 2022.
• NOV average return on equity for 2022 was -0.53, a 94.31% decline from 2021.
• NOV average return on equity for 2021 was -9.32, a 84.27% decline from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.