Noble (NE-WT) Asset Utilization Ratio (2022 - 2026)

Noble has reported Asset Utilization Ratio for 5 years, with the latest figure at 0.43 in Q1 2026.

• For the quarter ending Q1 2026, Asset Utilization Ratio rose 2.62% year-over-year to 0.43; the trailing twelve-month figure through Mar 2026 stood at 0.43 (up 2.62% YoY), and the FY2025 full-year result was 0.42, down 6.58% from the prior year.
• Asset Utilization Ratio for Q1 2026 stood at 0.43, down from 0.43 in the prior quarter.
• The five-year high for Asset Utilization Ratio was 0.49 in Q3 2023, with the low at 0.35 in Q1 2023.
• Historically, Asset Utilization Ratio has averaged 0.43 across 5 years, with a median of 0.43 in 2025.
• The largest YoY upside for Asset Utilization Ratio was 35.85% in 2024 against a maximum downside of 20.45% in 2024.
• Noble's Asset Utilization Ratio stood at 0.37 in 2022, then rose by 29.49% to 0.48 in 2023, then fell by 20.45% to 0.38 in 2024, then climbed by 13.33% to 0.43 in 2025, then fell by 1.65% to 0.43 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.43 (Q1 2026), 0.43 (Q4 2025), and 0.45 (Q3 2025), per Business Quant data.