Noble (NE-WT) FCF Payout Ratio (2023 - 2026)

Noble (NE-WT) reported FCF Payout Ratio of 0.49 for Q1 2026, down 4.42% on a YoY basis from 0.52 in Q1 2025, and down 78.14% quarter-over-quarter from 2.26 in Q4 2025.

Noble (NE-WT) FCF Payout Ratio (2023 - 2026) Analysis & Trends

Noble has reported FCF Payout Ratio for 4 years, with the latest figure at 0.49 in Q1 2026.

  • For the quarter ending Q1 2026, FCF Payout Ratio fell 4.42% year-over-year to 0.49; the trailing twelve-month figure through Mar 2026 stood at 0.73 (down 46.26% YoY), and the FY2025 full-year result was 0.74, down 78.61% from the prior year.
  • FCF Payout Ratio for Q1 2026 stood at 0.49, down from 2.26 in the prior quarter.
  • The five-year high for FCF Payout Ratio was 2.26 in Q4 2025, with the low at 17.91 in Q4 2024.
  • Historically, FCF Payout Ratio has averaged 1.52 across 4 years, with a median of 0.52 in 2025.
  • Annual changes were most pronounced in 2024 — FCF Payout Ratio slumped 4735.65% — and 2025, when it surged 132.98%.
  • Noble's FCF Payout Ratio stood at 0.39 in 2023, then tumbled by 4735.65% to 17.91 in 2024, then jumped by 112.61% to 2.26 in 2025, then plunged by 78.14% to 0.49 in 2026.
  • The last three FCF Payout Ratio figures came in at 0.49 (Q1 2026), 2.26 (Q4 2025), and 0.57 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Precision Drilling 153.75 Bn 153.69 Bn 120.82 Mn 0.00
2 Noble 7.23 Bn 6.56 Bn 755.58 Mn 0.49
3 Transocean 6.52 Bn 5.90 Bn 475.00 Mn -
4 Patterson Uti Energy 4.41 Bn 4.07 Bn 535.85 Mn -0.72
5 Helmerich & Payne 3.80 Bn 3.70 Bn 907.56 Mn 0.66
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 -
10 Noble - - 755.58 Mn 0.49

Historic Data

Download Data
DateValue
Mar 31, 2026 0.49
Dec 31, 2025 2.26
Sep 30, 2025 0.57
Jun 30, 2025 0.80
Mar 31, 2025 0.52
Dec 31, 2024 -17.91
Sep 30, 2024 0.52
Jun 30, 2024 -3.79
Mar 31, 2024 -1.57
Dec 31, 2023 0.39
Sep 30, 2023 1.05