| Address:
|
7909 PARKWOOD CIRCLE DR
|
| City: |
HOUSTON |
|
State: |
TX |
|
Zip Code: |
77036 |
| Telephone: |
713-375-3700 |
|
Description of Business
|
Primary SIC Code:
3533 |
| (As filed with the SEC)
|
|
|
National Oilwell Varco, Inc. ("NOV" or the "Company"), a Delaware corporation
incorporated in 1995, is a leading worldwide provider of equipment and
components used in oil and gas drilling and production operations, oilfield
services, and supply chain integration services to the upstream oil and gas
industry. The Company conducts operations in over 825 locations across six
continents.
On April 21, 2008, we acquired 100% of the outstanding shares of Grant Prideco,
Inc. ("Grant Prideco") for a total purchase price of $7.2 billion of cash and
NOV common stock. We have included the financial results of Grant Prideco in our
Consolidated Financial Statements beginning on April 21, 2008, the date Grant
Prideco common shares were exchanged for National Oilwell Varco common shares
and cash. The Grant Prideco operations are included in the Petroleum Services &
Supplies segment. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2011 | 4.70 | 0.120 | 14.47 | | 09/2011 | 4.40 | 0.110 | 11.64 | | 06/2011 | 4.12 | 0.110 | 18.98 | | 03/2011 | 3.93 | 0.110 | 20.17 | | 12/2010 | 3.98 | 0.110 | 16.90 | | 09/2010 | 3.87 | 0.100 | 11.49 | | 06/2010 | 3.83 | 0.100 | 8.63 | | 03/2010 | 3.40 | 0.100 | 11.94 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.20 | Total Liab/Total Assets | 0.32 | | Net Inc/Total Assets | 0.07 | Total Liab/Inv Cap | 0.40 | | Net Inc/Inv Cap | 0.09 | Total Liab/Comm Equity | 0.87 | | Pretax Inc/Net Sales | 0.20 | Interest Coverage Ratio | 48.94 | | Net Inc/Net Sales | 0.14 | Curr Debt/Equity | 0.02 | | Cash Flow/Net Sales | 0.13 | LTD/Equity | 0.03 | | SG&A/NetSales | 0.11 | Total Debt/Equity | 0.06 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 4.66 | Quick Ratio | 1.58 | | Inventory Turnover | 2.42 | Current Ratio | 2.32 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.26 | | Net Sales/Work Cap | 2.03 | Inv/Curr Assets | 0.32 | | Net Sales/PP&E | 6.61 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
3,740.00
|
3,513.00
|
3,146.00
|
3,172.00
|
|
Cost of Goods Sold
|
2,576.00
|
2,430.00
|
2,171.00
|
2,175.00
|
|
Selling & Admin Exps
|
392.00
|
375.00
|
366.00
|
373.00
|
|
Operating Income
|
772.00
|
708.00
|
609.00
|
624.00
|
|
Interest Exp
|
8.00
|
9.00
|
14.00
|
12.00
|
|
Pretax Income
|
780.00
|
706.00
|
593.00
|
623.00
|
|
Other Income
|
5.00
|
-3.00
|
-15.00
|
-3.00
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
532.00
|
481.00
|
407.00
|
440.00
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
3,870.00
|
3,440.00
|
3,060.00
|
3,333.00
|
|
Receivables - Total
|
3,391.00
|
3,150.00
|
3,054.00
|
2,741.00
|
|
Inventories - Total
|
3,907.00
|
3,756.00
|
3,570.00
|
3,388.00
|
|
Total Current Assets
|
12,038.00
|
11,226.00
|
10,739.00
|
10,535.00
|
|
Net Property, Plant & Equipment
|
1,967.00
|
1,921.00
|
1,861.00
|
1,840.00
|
|
Total Assets
|
24,544.00
|
23,756.00
|
23,156.00
|
23,050.00
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
4,742.00
|
4,248.00
|
3,929.00
|
4,163.00
|
|
Debt in Current Liabilities
|
2.00
|
2.00
|
203.00
|
373.00
|
|
Total Current Liabilities
|
4,744.00
|
4,250.00
|
4,132.00
|
4,536.00
|
|
Long-Term Debt
|
510.00
|
511.00
|
512.00
|
514.00
|
|
Total Liabilities
|
7,410.00
|
6,966.00
|
6,867.00
|
7,302.00
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
105.00
|
115.00
|
112.00
|
114.00
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
4.00
|
4.00
|
4.00
|
4.00
|
|
Retained Earnings
|
8,580.00
|
8,095.00
|
7,661.00
|
7,300.00
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
17,134.00
|
16,790.00
|
16,289.00
|
15,748.00
|
|
Total Liabilities and Stockholders' Equity
|
24,544.00
|
23,756.00
|
23,156.00
|
23,050.00
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
634.00
|
912.00
|
-25.00
|
807.00
|
|
Net Cash Provided by Investing Activities
|
-152.00
|
-301.00
|
-123.00
|
-573.00
|
|
Net Cash Provided by Financing Activities
|
-20.00
|
-234.00
|
-144.00
|
21.00
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 7,025.80 | 684.00 | 1.94 | | 12/2007 | 9,789.00 | 1,337.10 | 3.76 | | 12/2008 | 13,431.40 | 1,952.00 | 4.90 | | 12/2009 | 12,712.00 | 1,469.00 | 3.52 | | 12/2010 | 12,156.00 | 1,667.00 | 3.98 | | Growth Rates | 14.69 | 24.95 | 19.68 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 817 | 374,342 | 88.31 |
|
Report Date :
2/6/2012
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