Noble (NE-WT) Change in Taxes (2021 - 2025)

Noble (NE-WT) reported Change in Taxes of $4.0 million for Q1 2025, down 87.78% on a YoY basis from $32.7 million in Q1 2024, and up 120.27% quarter-over-quarter from -$19.7 million in Q4 2024.

Noble (NE-WT) Change in Taxes (2021 - 2025) Analysis & Trends

Noble has reported Change in Taxes for 5 years, with the latest figure at $4.0 million in Q1 2025.

  • For the quarter ending Q1 2025, Change in Taxes fell 87.78% year-over-year to $4.0 million; the trailing twelve-month figure through Mar 2025 stood at -$13.4 million (down 137.84% YoY), and the FY2024 full-year result was $15.3 million, up 106.98% from the prior year.
  • Change in Taxes for Q1 2025 stood at $4.0 million, up from -$19.7 million in the prior quarter.
  • The five-year high for Change in Taxes was $32.7 million in Q1 2024, with the low at -$23.2 million in Q4 2022.
  • Historically, Change in Taxes has averaged -$767571.4 across 5 years, with a median of -$969000.0 in 2022.
  • The largest YoY upside for Change in Taxes was 1167.39% in 2023 against a maximum downside of 409.07% in 2023.
  • Noble's Change in Taxes stood at -$14.0 million in 2021, then tumbled by 65.46% to -$23.2 million in 2022, then jumped by 54.56% to -$10.6 million in 2023, then plunged by 86.9% to -$19.7 million in 2024, then soared by 120.27% to $4.0 million in 2025.
  • The last three Change in Taxes figures came in at $4.0 million (Q1 2025), -$19.7 million (Q4 2024), and $4.0 million (Q3 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Precision Drilling 153.75 Bn 153.69 Bn 120.82 Mn -
2 Noble 7.23 Bn 6.56 Bn 755.58 Mn -
3 Transocean 6.52 Bn 5.90 Bn 475.00 Mn -
4 Patterson Uti Energy 4.41 Bn 4.07 Bn 535.85 Mn -
5 Helmerich & Payne 3.80 Bn 3.70 Bn 907.56 Mn -
6 Seadrill 2.73 Bn 2.40 Bn 177.00 Mn -
7 Sable Offshore 1.70 Bn 1.65 Bn -66.76 Mn -
8 Borr Drilling 1.40 Bn 1.16 Bn - -
9 Nabors Industries 1.38 Bn 1.26 Bn 290.08 Mn 3.21 Mn
10 Noble - - 755.58 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2025 4.00 Mn
Mar 31, 2025 4.00 Mn
Dec 31, 2024 -19.72 Mn
Dec 31, 2024 -19.72 Mn
Sep 30, 2024 3.99 Mn
Sep 30, 2024 3.99 Mn
Jun 30, 2024 -1.72 Mn
Jun 30, 2024 -1.72 Mn
Mar 31, 2024 32.71 Mn
Mar 31, 2024 32.71 Mn
Dec 31, 2023 -10.55 Mn
Dec 31, 2023 -10.55 Mn
Sep 30, 2023 -2.36 Mn
Sep 30, 2023 -2.36 Mn
Jun 30, 2023 15.74 Mn
Jun 30, 2023 15.74 Mn
Mar 31, 2023 4.54 Mn
Mar 31, 2023 4.54 Mn
Dec 31, 2022 -23.23 Mn
Dec 31, 2022 -23.23 Mn