Noble (NE-WT) Operating Margin (2021 - 2026)

Noble has reported Operating Margin for 6 years, with the latest figure at 28.68% in Q1 2026.

• For the quarter ending Q1 2026, Operating Margin rose 725.0% year-over-year to 28.68%; the trailing twelve-month figure through Mar 2026 stood at 14.19% (down 656.0% YoY), and the FY2025 full-year result was 12.65%, down 710.0% from the prior year.
• Operating Margin for Q1 2026 stood at 28.68%, up from 5.57% in the prior quarter.
• The five-year high for Operating Margin was 30.3% in Q2 2024, with the low at 16.47% in Q1 2022.
• Historically, Operating Margin has averaged 17.06% across 5 years, with a median of 17.3% in 2022.
• Annual changes were most pronounced in 2022 — Operating Margin sank 3955 bps — and 2023, when it soared 3403 bps.
• Noble's Operating Margin stood at 26.38% in 2022, then fell by 7 bps to 24.52% in 2023, then dropped by 25 bps to 18.44% in 2024, then sank by 70 bps to 5.57% in 2025, then jumped by 415 bps to 28.68% in 2026.
• The last three Operating Margin figures came in at 28.68% (Q1 2026), 5.57% (Q4 2025), and 6.32% (Q3 2025), per Business Quant data.