NOV Inc. Annual Return On Equity in % from 2010 to 2023

Taxonomy & unit
ratio: %
Description
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.
Summary
NOV Inc. quarterly/annual Return On Equity history and growth rate from 2010 to 2023.
  • NOV Inc. Return On Equity for the quarter ending September 30, 2024 was 16.8 %, a 81.2% increase year-over-year.
  • NOV Inc. annual Return On Equity for 2023 was 17.6 %, a 468% increase from 2022.
  • NOV Inc. annual Return On Equity for 2022 was 3.09 %.
  • NOV Inc. annual Return On Equity for 2021 was -4.89 %, a 89.5% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 17.6 +14.5 +468% Jan 1, 2023 Dec 31, 2023
2022 3.09 +7.98 Jan 1, 2022 Dec 31, 2022
2021 -4.89 +41.5 +89.5% Jan 1, 2021 Dec 31, 2021
2020 -46.4 +17.2 +27.1% Jan 1, 2020 Dec 31, 2020
2019 -63.7 -63.4 -28638% Jan 1, 2019 Dec 31, 2019
2018 -0.22 +1.46 +86.7% Jan 1, 2018 Dec 31, 2018
2017 -1.68 +14 +89.3% Jan 1, 2017 Dec 31, 2017
2016 -15.7 -11.5 -271% Jan 1, 2016 Dec 31, 2016
2015 -4.23 -15.8 -137% Jan 1, 2015 Dec 31, 2015
2014 11.6 +0.69 +6.35% Jan 1, 2014 Dec 31, 2014
2013 10.9 -2 -15.6% Jan 1, 2013 Dec 31, 2013
2012 12.9 +1.18 +10.1% Jan 1, 2012 Dec 31, 2012
2011 11.7 +0.69 +6.28% Jan 1, 2011 Dec 31, 2011
2010 11 Jan 1, 2010 Dec 31, 2010
* An asterisk sign (*) next to the value indicates that the value is likely invalid.