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 Dow Down 0.51% Nasdaq Down 0.44%
National Oilwell Varco, Inc. (NOV)On Nov 4: 71.08  Down 1.68 (2.31%)  

Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
Period EndingDec 31, 2010Dec 31, 2009Dec 31, 2008
Total Revenue 12,156,000   12,712,000   13,431,400  
Cost of Revenue8,324,000  8,928,000  9,359,900  
Gross Profit 3,832,000   3,784,000   4,071,500  
Operating Expenses
Research Development -   -   -  
Selling General and Administrative1,385,000  1,322,000  1,154,000  
Non Recurring -  147,000   -  
Others -   -   -  
Total Operating Expenses -   -   -  
Operating Income or Loss 2,447,000   2,315,000   2,917,500  
Income from Continuing Operations
Total Other Income/Expenses Net(36,000)(101,000)68,700  
Earnings Before Interest And Taxes2,447,000  2,261,000  3,028,600  
Interest Expense50,000  53,000  67,300  
Income Before Tax2,397,000  2,208,000  2,961,300  
Income Tax Expense738,000  735,000  992,800  
Minority Interest8,000  (4,000)(16,500)
Net Income From Continuing Ops1,703,000  1,516,000  1,952,000  
Non-recurring Events
Discontinued Operations -   -   -  
Extraordinary Items -   -   -  
Effect Of Accounting Changes -   -   -  
Other Items -   -   -  
Net Income 1,667,000   1,469,000   1,952,000  
Preferred Stock And Other Adjustments -   -   -  
Net Income Applicable To Common Shares 1,667,000   1,469,000   1,952,000  

Currency in USD.