Noble (NE-WT) Net Margin (2021 - 2026)
Noble (NE-WT) reported Net Margin of 15.37% for Q1 2026, up 298.0% on a YoY basis from 3.86% in Q1 2025, and up 35.57% quarter-over-quarter from 11.33% in Q4 2025.
Noble (NE-WT) Net Margin (2021 - 2026) Analysis & Trends
Noble has reported Net Margin for 6 years, with the latest figure at 15.37% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 298.0% year-over-year to 15.37%; the trailing twelve-month figure through Mar 2026 stood at 7.17% (down 683.0% YoY), and the FY2025 full-year result was 6.6%, down 807.0% from the prior year.
- Net Margin for Q1 2026 stood at 15.37%, up from 11.33% in the prior quarter.
- The five-year high for Net Margin was 28.15% in Q2 2024, with the low at 17.44% in Q1 2022.
- Historically, Net Margin has averaged 12.08% across 5 years, with a median of 12.38% in 2025.
- Annual changes were most pronounced in 2022 — Net Margin plunged 3762 bps — and 2023, when it jumped 3515 bps.
- Noble's Net Margin stood at 21.68% in 2022, then gained by 7 bps to 23.28% in 2023, then slumped by 55 bps to 10.42% in 2024, then advanced by 9 bps to 11.33% in 2025, then surged by 36 bps to 15.37% in 2026.
- The last three Net Margin figures came in at 15.37% (Q1 2026), 11.33% (Q4 2025), and 2.64% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 153.75 Bn | 153.69 Bn | 120.82 Mn | 3.30% |
| 2 | Noble | 7.23 Bn | 6.56 Bn | 755.58 Mn | 15.37% |
| 3 | Transocean | 6.52 Bn | 5.90 Bn | 475.00 Mn | 6.57% |
| 4 | Patterson Uti Energy | 4.41 Bn | 4.07 Bn | 535.85 Mn | -2.19% |
| 5 | Helmerich & Payne | 3.80 Bn | 3.70 Bn | 907.56 Mn | -5.99% |
| 6 | Seadrill | 2.73 Bn | 2.40 Bn | 177.00 Mn | -1.96% |
| 7 | Sable Offshore | 1.70 Bn | 1.65 Bn | -66.76 Mn | -15,501.65% |
| 8 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | -11.74% |
| 9 | Nabors Industries | 1.38 Bn | 1.26 Bn | 290.08 Mn | 1.19% |
| 10 | Noble | - | - | 755.58 Mn | 15.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.37% |
| Dec 31, 2025 | 11.33% |
| Sep 30, 2025 | -2.64% |
| Jun 30, 2025 | 5.05% |
| Mar 31, 2025 | 12.38% |
| Dec 31, 2024 | 10.42% |
| Sep 30, 2024 | 7.65% |
| Jun 30, 2024 | 28.15% |
| Mar 31, 2024 | 14.99% |
| Dec 31, 2023 | 23.28% |
| Sep 30, 2023 | 22.70% |
| Jun 30, 2023 | 10.31% |
| Mar 31, 2023 | 17.71% |
| Dec 31, 2022 | 21.68% |
| Sep 30, 2022 | 10.98% |
| Jun 30, 2022 | 13.47% |
| Mar 31, 2022 | -17.44% |
| Dec 31, 2021 | 59.29% |
| Sep 30, 2021 | -9.45% |