National Oilwell Varco Revenue, Growth & Competitor Profile

DBA NOV INC.

Company Profile & Annual Report for National Oilwell Varco

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National Oilwell Varco Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	3331 Agriculture, Construction & Mining Machinery Manufacturing
Additional NAICS Codes	333 Machinery Manufacturing 333243 Sawmill & Woodworking Machinery Manufacturing
Address	10353 Richmond Ave Houston, TX 77042

Note: Revenues for privately held companies are statistical evaluations.


National Oilwell Varco's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • National Oilwell Varco's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • National Oilwell Varco is classified as operating in the Agriculture, Construction & Mining Machinery Manufacturing industry, NAICS Code 3331.

National Oilwell Varco Annual Revenue and Growth Rate

National Oilwell Varco	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

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

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

National Oilwell Varco's Income Statement (based on Industry Averages)

National Oilwell Varco P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

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
SMART BED Monitoring and control systems for oil and gas wellstream processing systems that include natural gas dehydration units with catalyst media, namely, for CO2 and H2 gas streams, for monitoring water content in the gas streams, monitoring water content in the catalyst media, monitoring the health status of valves, electrical heaters, and air coolers, and controlling when the catalyst media is saturated in water to extend the life of the catalyst media, and components therefor, namely, control program software, moisture sensors, electronic valve actuators, conductivity sensors for electrical heaters, and vibration sensors for air coolers	01/30/2024
CHILLDRILL Metal drill pipes for use in well boring	10/26/2023
POSITRACK power-operated downhole tool for mitigating torsional vibration during borehole drilling operations	05/11/2023

See all trademarks and details in the Full Report.

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	Headquarters	Revenue ($ MM)
CATERPILLAR	Irving, TX	100
DEERE	Moline, IL	53
CROWN EQUIPMENT	New Bremen, OH	10
NATIONAL OILWELL VARCO	Houston, TX	10
CNH INDUSTRIAL AMERICA	Racine, WI	9
TEREX	Norwalk, CT	9
KOMATSU MINING	Milwaukee, WI	9
HEICO HOLDING	Warrenville, IL	5
CLARK EQUIPMENT	West Fargo, ND	4

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	Headquarters	Revenue ($ MM)
NATIONAL OILWELL VARCO	Houston, TX	100
CACTUS WELLHEAD	Houston, TX	9
DIXIECO	Houston, TX	4
DJMW INVESTMENTS	Houston, TX	3
BROOKSIDE EQUIPMENT SALES	Houston, TX	1
AXON PRESSURE PRODUCTS	Houston, TX	1

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.

Company	Revenue ($ MM)