Noble (NE-WT) Free Cash Flow (2021 - 2026)
Noble (NE-WT) reported Free Cash Flow of $169.4 million for Q1 2026, up 7.56% on a YoY basis from $157.5 million in Q1 2025, and up 378.93% quarter-over-quarter from $35.4 million in Q4 2025.
Noble (NE-WT) Free Cash Flow (2021 - 2026) Analysis & Trends
Noble has reported Free Cash Flow for 6 years, with the latest figure at $169.4 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 7.56% year-over-year to $169.4 million; the trailing twelve-month figure through Mar 2026 stood at $444.1 million (up 61.12% YoY), and the FY2025 full-year result was $432.2 million, up 439.12% from the prior year.
- Free Cash Flow for Q1 2026 stood at $169.4 million, up from $35.4 million in the prior quarter.
- The five-year high for Free Cash Flow was $169.4 million in Q1 2026, with the low at -$125.8 million in Q1 2023.
- Historically, Free Cash Flow has averaged $56.1 million across 5 years, with a median of $55.6 million in 2022.
- Annual changes were most pronounced in 2022 — Free Cash Flow surged 1269.35% — and 2024, when it tumbled 132.82%.
- Noble's Free Cash Flow stood at $106.1 million in 2022, then surged by 37.65% to $146.0 million in 2023, then tumbled by 103.05% to -$4.4 million in 2024, then soared by 895.37% to $35.4 million in 2025, then jumped by 378.93% to $169.4 million in 2026.
- The last three Free Cash Flow figures came in at $169.4 million (Q1 2026), $35.4 million (Q4 2025), and $139.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 153.75 Bn | 153.69 Bn | 120.82 Mn | 93.45 Mn |
| 2 | Noble | 7.23 Bn | 6.56 Bn | 755.58 Mn | 169.44 Mn |
| 3 | Transocean | 6.52 Bn | 5.90 Bn | 475.00 Mn | 136.00 Mn |
| 4 | Patterson Uti Energy | 4.41 Bn | 4.07 Bn | 535.85 Mn | -52.77 Mn |
| 5 | Helmerich & Payne | 3.80 Bn | 3.70 Bn | 907.56 Mn | -26.28 Mn |
| 6 | Seadrill | 2.73 Bn | 2.40 Bn | 177.00 Mn | -35.00 Mn |
| 7 | Sable Offshore | 1.70 Bn | 1.65 Bn | -66.76 Mn | -103.27 Mn |
| 8 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 48.40 Mn |
| 9 | Nabors Industries | 1.38 Bn | 1.26 Bn | 290.08 Mn | -51.62 Mn |
| 10 | Noble | - | - | 755.58 Mn | 169.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 169.44 Mn |
| Mar 31, 2026 | 169.44 Mn |
| Dec 31, 2025 | 35.38 Mn |
| Dec 31, 2025 | 35.38 Mn |
| Sep 30, 2025 | 139.48 Mn |
| Sep 30, 2025 | 139.48 Mn |
| Jun 30, 2025 | 99.78 Mn |
| Jun 30, 2025 | 99.78 Mn |
| Mar 31, 2025 | 157.52 Mn |
| Mar 31, 2025 | 157.52 Mn |
| Dec 31, 2024 | -4.45 Mn |
| Dec 31, 2024 | -4.45 Mn |
| Sep 30, 2024 | 156.78 Mn |
| Sep 30, 2024 | 156.78 Mn |
| Jun 30, 2024 | -34.25 Mn |
| Jun 30, 2024 | -34.25 Mn |
| Mar 31, 2024 | -37.92 Mn |
| Mar 31, 2024 | -37.92 Mn |
| Dec 31, 2023 | 146.04 Mn |
| Dec 31, 2023 | 146.04 Mn |