Noble (NE-WT) Debt to Equity (2021 - 2026)
Noble (NE-WT) reported Debt to Equity of $0.42 for Q1 2026, down 1.62% on a YoY basis from $0.42 in Q1 2025, and down 3.78% quarter-over-quarter from $0.43 in Q4 2025.
Noble (NE-WT) Debt to Equity (2021 - 2026) Analysis & Trends
Noble has reported Debt to Equity for 6 years, with the latest figure at $0.42 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity fell 1.62% year-over-year to $0.42; the trailing twelve-month figure through Mar 2026 stood at $0.42 (down 1.62% YoY), and the FY2025 full-year result was $0.43, up 2.03% from the prior year.
- Debt to Equity for Q1 2026 stood at $0.42, down from $0.43 in the prior quarter.
- The five-year high for Debt to Equity was $0.44 in Q3 2025, with the low at $0.14 in Q1 2023.
- Historically, Debt to Equity has averaged $0.29 across 5 years, with a median of $0.28 in 2022.
- Annual changes were most pronounced in 2023 — Debt to Equity slumped 45.52% — and 2024, when it surged 184.77%.
- Noble's Debt to Equity stood at $0.19 in 2022, then decreased by 19.85% to $0.15 in 2023, then surged by 184.77% to $0.43 in 2024, then increased by 2.03% to $0.43 in 2025, then declined by 3.78% to $0.42 in 2026.
- The last three Debt to Equity figures came in at $0.42 (Q1 2026), $0.43 (Q4 2025), and $0.44 (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 153.75 Bn | 153.69 Bn | 120.82 Mn | 0.30 |
| 2 | Noble | 7.23 Bn | 6.56 Bn | 755.58 Mn | 0.42 |
| 3 | Transocean | 6.52 Bn | 5.90 Bn | 475.00 Mn | 0.64 |
| 4 | Patterson Uti Energy | 4.41 Bn | 4.07 Bn | 535.85 Mn | 0.39 |
| 5 | Helmerich & Payne | 3.80 Bn | 3.70 Bn | 907.56 Mn | 0.76 |
| 6 | Seadrill | 2.73 Bn | 2.40 Bn | 177.00 Mn | 0.22 |
| 7 | Sable Offshore | 1.70 Bn | 1.65 Bn | -66.76 Mn | 2.27 |
| 8 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 1.93 |
| 9 | Nabors Industries | 1.38 Bn | 1.26 Bn | 290.08 Mn | 3.72 |
| 10 | Noble | - | - | 755.58 Mn | 0.42 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.42 |
| Dec 31, 2025 | 0.43 |
| Sep 30, 2025 | 0.44 |
| Jun 30, 2025 | 0.43 |
| Mar 31, 2025 | 0.42 |
| Dec 31, 2024 | 0.43 |
| Sep 30, 2024 | 0.42 |
| Jun 30, 2024 | 0.16 |
| Mar 31, 2024 | 0.15 |
| Dec 31, 2023 | 0.15 |
| Sep 30, 2023 | 0.15 |
| Jun 30, 2023 | 0.16 |
| Mar 31, 2023 | 0.14 |
| Dec 31, 2022 | 0.19 |
| Sep 30, 2022 | 0.28 |
| Dec 31, 2021 | 0.14 |