National oilwell varco, inc. (NOV)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08Jun'08
Revenue

1,883

2,281

2,126

2,132

1,940

2,398

2,154

2,106

1,795

1,969

1,835

1,759

1,741

1,692

1,646

1,724

2,189

2,722

3,306

3,909

4,820

5,709

5,587

5,255

4,889

5,302

4,863

4,680

4,376

2,838

5,319

4,734

4,303

3,076

3,740

3,513

3,146

3,172

3,011

2,941

3,032

3,134

3,087

3,010

3,481

3,611

3,325

Cost of revenue
Cost of revenue

1,659

1,905

1,975

2,070

1,684

1,989

1,761

1,751

1,508

1,802

1,550

1,528

1,532

2,151

1,567

1,689

1,945

2,363

2,634

3,054

3,643

4,173

4,059

3,800

3,599

3,898

3,503

3,507

3,209

1,739

3,948

3,428

3,036

2,002

2,576

2,430

2,171

2,175

2,066

2,013

2,070

2,155

2,196

2,135

2,442

2,511

2,344

Gross profit

224

376

151

62

256

409

393

355

287

167

285

231

209

-459

79

35

244

359

672

855

1,177

1,536

1,528

1,455

1,290

1,404

1,360

1,173

1,167

1,099

1,371

1,306

1,267

1,074

1,164

1,083

975

997

945

928

962

979

891

875

1,039

1,100

981

Selling, general and administrative

283

289

293

417

304

322

320

303

288

278

292

293

306

307

293

305

433

357

383

417

607

519

540

542

491

495

476

460

474

364

473

427

390

354

392

375

366

373

349

338

325

390

279

334

319

310

274

Goodwill and indefinite-lived intangible asset impairment

1,378

-

-

3,186

-

-

-

-

-

-

-

-

-

-

972

-

-

-

55

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-lived asset impairment

513

-

12

2,187

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible asset impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

147

-

0

0

Transaction and restructuring costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

8

-

0

16

Operating loss

-1,950

-349

-154

-5,728

-48

87

73

52

-1

-111

-7

-62

-97

-766

-1,186

-270

-189

-1,632

234

438

570

913

988

913

799

909

884

713

693

735

898

879

877

720

772

708

609

624

596

590

637

608

601

386

720

790

691

Interest and financial costs

22

25

25

25

25

22

24

23

24

25

26

26

25

25

25

30

25

27

24

26

26

26

26

27

26

27

26

30

28

21

11

9

8

9

8

9

14

12

12

13

13

13

14

13

13

19

24

Interest income

3

4

4

6

6

7

6

5

7

6

11

4

4

4

3

3

5

5

2

2

5

5

4

5

4

4

2

3

3

2

2

3

3

5

5

4

4

4

4

3

2

1

4

2

2

11

10

Equity loss in unconsolidated affiliates

-233

-

-4

-2

-

-2

-2

-1

2

-

-2

-2

-

-2

-6

-7

-6

-3

0

7

9

16

9

23

10

16

13

15

19

15

7

19

17

12

11

10

13

14

8

8

6

2

1

16

28

20

17

Other income (expense), net

-3

-54

-10

-8

-18

-29

-20

-3

-47

3

-16

-5

-15

-16

-30

-34

-21

-17

-20

-30

-56

-

9

-21

-

-15

-12

11

-23

-25

-22

-5

-16

-13

0

-7

-19

-7

-23

-3

-16

-23

-13

-38

-36

15

-14

Loss before income taxes

-2,205

-431

-189

-5,757

-85

41

33

30

-63

-128

-40

-91

-133

-805

-1,244

-338

-236

-1,674

192

391

502

830

984

893

787

887

861

712

664

706

874

887

873

715

780

706

593

623

573

585

616

575

579

353

701

817

680

Provision (benefit) for income taxes

-156

-46

60

-373

-10

26

29

5

3

-113

-13

-17

-13

-88

120

-121

-118

-152

36

105

189

233

283

284

239

257

263

218

205

146

265

285

269

227

252

226

189

186

169

186

197

184

192

131

228

264

255

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

597

701

609

548

630

598

494

459

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

11

41

31

38

37

41

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-2,049

-385

-249

-5,384

-75

15

4

25

-66

-15

-27

-74

-120

-717

-1,364

-217

-118

-1,522

156

286

313

597

701

620

589

661

636

531

500

668

609

602

604

573

528

480

404

437

404

399

419

391

387

222

473

553

425

Net income attributable to noncontrolling interests

-2

0

-5

5

2

3

3

1

2

-1

-1

1

2

-3

-2

0

1

1

1

-3

3

-

2

1

-

3

0

0

-2

0

-3

-3

-2

-1

-4

-1

-3

-3

0

-2

-3

-3

2

2

3

5

4

Net loss attributable to Company

-2,047

-385

-244

-5,389

-77

12

1

24

-68

-14

-26

-75

-122

-714

-1,362

-217

-119

-1,523

155

289

310

595

699

619

589

658

636

531

502

668

612

605

606

574

532

481

407

440

404

401

422

394

385

220

470

548

421

Net loss attributable to Company per share:
Basic:
Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1.40

1.63

1.42

1.28

1.47

1.40

1.16

1.08

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-0.01

0.03

0.10

0.07

0.09

0.09

0.10

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic

-5.34

-1.01

-0.64

-14.11

-0.20

0.04

0.00

0.06

-0.18

-0.04

-0.07

-0.20

-0.32

-1.89

-3.62

-0.58

-0.32

-3.91

0.41

0.75

0.76

1.39

1.63

1.45

1.38

1.54

1.49

1.25

1.18

1.57

1.44

1.42

1.43

1.36

1.26

1.14

0.97

1.05

0.97

0.96

1.01

0.94

0.93

0.53

1.13

1.32

1.05

Diluted:
Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1.38

1.62

1.42

1.28

1.46

1.40

1.15

1.08

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.01

0.02

0.09

0.08

0.09

0.09

0.09

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted

-5.34

-1.01

-0.64

-14.11

-0.20

0.04

0.00

0.06

-0.18

-0.04

-0.07

-0.20

-0.32

-1.89

-3.62

-0.58

-0.32

-3.90

0.41

0.74

0.76

1.39

1.62

1.44

1.37

1.54

1.49

1.24

1.17

1.56

1.43

1.42

1.42

1.36

1.25

1.13

0.96

1.05

0.96

0.96

1.01

0.94

0.92

0.53

1.13

1.31

1.04

Cash dividends per share

0.05

0.05

0.05

0.05

0.05

0.05

0.05

0.05

0.05

0.05

0.05

0.05

0.05

0.05

0.05

0.05

0.46

0.46

0.46

0.46

0.46

0.46

0.46

0.46

0.26

0.26

0.26

0.26

0.13

0.13

0.12

0.12

0.12

0.12

0.11

0.11

0.11

0.11

0.10

0.10

0.10

-

-

-

-

-

-

Weighted average shares outstanding:
Basic

383

384

382

382

380

378

379

378

377

378

377

377

376

378

376

375

375

374

380

387

407

427

429

428

428

426

426

426

426

427

425

425

423

424

422

422

420

417

417

417

417

416

416

416

416

416

402

Diluted

383

384

382

382

380

371

383

381

377

378

377

377

376

378

376

375

375

370

381

388

409

430

431

430

429

428

428

428

428

428

427

427

426

423

425

425

423

419

419

419

419

414

418

418

418

418

404