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Nov

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Delivers technology-driven solutions to empower the global energy industry

Houston, United StatesFounded 1841Energy
Valuation $6.90B Market cap · 2026
Revenue $8.66B Latest reported FY
EBITDA $888M Latest reported FY

About Nov

NOV Inc., formerly known as National Oilwell Varco, is a multinational corporation headquartered in Houston, Texas. The company is a global provider of equipment, technology, and expertise for the oil and gas industry.

NOV's business is segmented into several units that work collaboratively across its global operations. These units design, construct, manufacture, and sell systems, components, and products for oil and gas drilling and production. The company also provides oilfield services and supply chain integration for the upstream oil and gas sector. NOV operates in over 500 locations across six continents, delivering solutions that aim to enhance safety, efficiency, and reliability for its customers.

In addition to its core oil and gas offerings, NOV is involved in the industrial and renewable energy sectors. The company provides advanced drilling, production, and energy transition solutions. One of its business units, Fiber Glass Systems, supplies composite piping systems, fittings, and structures to various industries, including oil and gas, chemical, marine, offshore, fuel handling, and mining.

Source: Dealroom company data

At a glance

Status
Listed
Founded
1841
Headquarters
Houston, United States
Listing
IPO 1997
Employees
37,751
Open positions
545
Dealroom signal
37.7/100
Industry
Energy
Sector
Energy
Business model
Manufacturing
Client focus
b2b
Investment activity
3 companies, latest Oct 2017
Capital deployed
$0
Preferred round
ACQUISITION

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO DEBT✓Debt Sep 2024 $1.5B — Wells Fargo and Company ↗
GRANTOther financing Aug 2018 $9K — Innovation Norway —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMargin
2026 $8.7B -1% $888M 10.3% $145M 1.7%
2025 $8.7B -1.4% $888M 10.2% $145M 1.7%
2024 $8.9B +3.3% $1.3B 14.3% $635M 7.2%
2023 $8.6B +18.6% $1B 11.7%
2022 $7.2B +31% $598M 8.3%
2021 $5.5B -9.3% $153M 2.8%
2020 $6.1B — −$452M -7.4%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Nov team growth

Nov's team grew 23.1% over the past year.

1-year team growth+23.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Innovation Norway

Series B and later1 investor entered at this stage

  • Wells Fargo and Company
Team profiled 195 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
98 countries with
team presence
🇺🇸 United States34.9%
🇧🇷 Brazil8.3%
🇳🇴 Norway8.2%
🇬🇧 United Kingdom6.8%
🇦🇪 United Arab Emirates6%
Top 5 of 98 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Nov on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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