NOV Inc
For the period ended Dec 31, 2024. Filed Feb 14, 2025.
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FY2024 · Filed Feb 14, 2025
NOV$17.68-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
(In millions, except per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenue | |||
| Sales | $5,830 | $5,775 | $4,873 |
| Services | 1,991 | 1,789 | 1,482 |
| Rental | 1,049 | 1,019 | 882 |
| Total | 8,870 | 8,583 | 7,237 |
| Cost of revenue | |||
| Sales | 4,759 | 4,798 | 4,146 |
| Services | 1,543 | 1,367 | 1,186 |
| Rental | 558 | 585 | 571 |
| Total | 6,860 | 6,750 | 5,903 |
| Gross profit | 2,010 | 1,833 | 1,334 |
| Selling, general and administrative | 1,134 | 1,182 | 1,070 |
| Operating profit | 876 | 651 | 264 |
| Interest and financial costs | (91) | (88) | (78) |
| Interest income | 38 | 28 | 19 |
| Equity income in unconsolidated affiliates | 36 | 119 | 68 |
| Other expense, net | (28) | (98) | (35) |
| Income before income taxes | 831 | 612 | 238 |
| Provision (benefit) for income taxes | 196 | (373) | 83 |
| Net income | 635 | 985 | 155 |
| Net loss attributable to noncontrolling interests | — | (8) | — |
| Net income attributable to Company | $635 | $993 | $155 |
| Net income attributable to Company per share: | |||
| Basic | $1.62 | $2.53 | $0.40 |
| Diluted | $1.60 | $2.50 | $0.39 |
| Cash dividends per share | $0.275 | $0.20 | $0.20 |
| Weighted average shares outstanding: | |||
| Basic | 392 | 393 | 390 |
| Diluted | 396 | 397 | 394 |
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