Noble (NE-WT) Equity Ratio (2021 - 2026)
Noble (NE-WT) reported Equity Ratio of 0.61 for Q1 2026, up 4.19% on a YoY basis from 0.59 in Q1 2025, and up 1.56% quarter-over-quarter from 0.6 in Q4 2025.
Noble (NE-WT) Equity Ratio (2021 - 2026) Analysis & Trends
Noble has reported Equity Ratio for 6 years, with the latest figure at 0.61 in Q1 2026.
- For the quarter ending Q1 2026, Equity Ratio rose 4.19% year-over-year to 0.61; the trailing twelve-month figure through Mar 2026 stood at 0.61 (up 4.19% YoY), and the FY2025 full-year result was 0.6, up 3.45% from the prior year.
- Equity Ratio for Q1 2026 stood at 0.61, up from 0.6 in the prior quarter.
- The five-year high for Equity Ratio was 0.73 in Q1 2023, with the low at 0.58 in Q3 2024.
- Historically, Equity Ratio has averaged 0.66 across 5 years, with a median of 0.65 in 2022.
- Annual changes were most pronounced in 2023 — Equity Ratio increased 12.07% — and 2024, when it declined 19.85%.
- Noble's Equity Ratio stood at 0.69 in 2022, then gained by 3.33% to 0.71 in 2023, then dropped by 17.98% to 0.58 in 2024, then advanced by 3.45% to 0.6 in 2025, then gained by 1.56% to 0.61 in 2026.
- The last three Equity Ratio figures came in at 0.61 (Q1 2026), 0.6 (Q4 2025), and 0.59 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 153.75 Bn | 153.69 Bn | 120.82 Mn | 0.82 |
| 2 | Noble | 7.23 Bn | 6.56 Bn | 755.58 Mn | 0.61 |
| 3 | Transocean | 6.52 Bn | 5.90 Bn | 475.00 Mn | 0.54 |
| 4 | Patterson Uti Energy | 4.41 Bn | 4.07 Bn | 535.85 Mn | 0.59 |
| 5 | Helmerich & Payne | 3.80 Bn | 3.70 Bn | 907.56 Mn | 0.42 |
| 6 | Seadrill | 2.73 Bn | 2.40 Bn | 177.00 Mn | 0.71 |
| 7 | Sable Offshore | 1.70 Bn | 1.65 Bn | -66.76 Mn | 0.24 |
| 8 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 0.31 |
| 9 | Nabors Industries | 1.38 Bn | 1.26 Bn | 290.08 Mn | 0.13 |
| 10 | Noble | - | - | 755.58 Mn | 0.61 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.61 |
| Dec 31, 2025 | 0.60 |
| Sep 30, 2025 | 0.59 |
| Jun 30, 2025 | 0.60 |
| Mar 31, 2025 | 0.59 |
| Dec 31, 2024 | 0.58 |
| Sep 30, 2024 | 0.58 |
| Jun 30, 2024 | 0.71 |
| Mar 31, 2024 | 0.72 |
| Dec 31, 2023 | 0.71 |
| Sep 30, 2023 | 0.73 |
| Jun 30, 2023 | 0.72 |
| Mar 31, 2023 | 0.73 |
| Dec 31, 2022 | 0.69 |
| Sep 30, 2022 | 0.65 |
| Dec 31, 2021 | 0.72 |