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
DateValue
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