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Company Profiles: Revenue, Growth, Competition

NATIONAL OILWELL VARCO Revenue, Growth & Competitor Profile

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Company Profile & Annual Report for National Oilwell Varco

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National Oilwell Varco Fast Facts

RevenueOver $500 million    See Exact Annual Revenue
EmployeesOver 1,000Exact Company Size
Primary Industry3331 Agriculture, Construction & Mining Machinery Manufacturing
Additional NAICS Codes21311
333 Machinery Manufacturing
333243 Sawmill & Woodworking Machinery Manufacturing
453 Miscellaneous Store Retailers
Address7909 Parkwood Circle Drive
Houston, TX 77036

www.natoil.com


National Oilwell Varco's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. It is classified as operating in the Agriculture, Construction & Mining Machinery Manufacturing industry.


National Oilwell Varco's Annual Report & Profile shows critical firmographic facts:
  • What is the company's size? (Annual sales and employees)
  • What industry is the company in?

National Oilwell Varco is a publicly traded company on NYQ using the ticker symbol NOV. Detailed information on company financials and operating reports can be found here: NYQ: NOV



National Oilwell Varco Annual Revenue and Growth Rate

National Oilwell Varco Revenue Est.
($ Million)
Growth Rate (%)# Employees
2019 Details in Premium Report
2018
2017
2016
2015
2014


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

Note: National Oilwell Varco's revenues are gauged from an analysis of company filings.



Trademark Applications

Trademark applications show the products and services that National Oilwell Varco is developing and marketing. National Oilwell Varco's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark Date
ION+
Drilling tools namely drill bits and PDC cutter elements for drill bits
08/27/2020
LET'S MAKE IT HERE
Downloadable software in the nature of a mobile application that uses artificial intelligence for analyzing and training machines to learn and to improve manufacturing efficiency
07/22/2020
MAX TRAC
Downloadable mobile application for asset tracking used to log and view current and historical information on registered assets, including attributes and specifications, service history, usage, and location, and to create comprehensive asset histories detailing an asset's life from manufacture to retirement, in the field of oil and gas
07/08/2020

See all trademarks and details in the Full Report.


Recession Risk

Determine whether National Oilwell Varco grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof National Oilwell Varco is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.



U.S. Industry Overview & Market Statistics:
Agriculture, Construction & Mining Machinery Manufacturing

Publisher: AnythingResearch

  • Market Size
  • Growth Rate
  • 5-Year Market Forecast
  • Average Company Size & Growth
  • Salary & Compensation Benchmarks



Market Share of National Oilwell Varco's Largest Competitors

A competitive analysis shows these companies are in the same general field as National Oilwell Varco, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company HeadquartersRevenue ($ MM)
DEEREMoline, IL100 
NATIONAL OILWELL VARCOHouston, TX21 
KOMATSU MININGMilwaukee, WI14 
CROWN EQUIPMENTNew Bremen, OH13 
BUCYRUS INTERNATIONALSouth Milwaukee, WI12 
CASE NEW HOLLAND INDUSTRIALRacine, WI11 
AGCONorcross, GA8 
HEICO HOLDINGWarrenville, IL6 
KOMATSU AMERICARolling Meadows, IL5 




Nearby Competitors

These companies are similar in business line and location to National Oilwell Varco. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company HeadquartersRevenue ($ MM)
NATIONAL OILWELL VARCOHouston, TX100 
CACTUS WELLHEADHouston, TX6 
LIFTMOOREHouston, TX3 
DJMW INVESTMENTSHouston, TX2 
CIMARRON ENERGYHouston, TX2 
CONTANDAHouston, TX1 




Future Competition: National Oilwell Varco's Fastest Growing Competitors

These companies are in the same general field as National Oilwell Varco and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

CompanyRevenue ($ MM)
National Oilwell Varco Competitors