Noble (NE-WT) Other Working Capital Changes (2021 - 2026)
Noble (NE-WT) reported Other Working Capital Changes of $3.4 million for Q1 2026, up 130.83% on a YoY basis from $1.5 million in Q1 2025, and up 30.56% quarter-over-quarter from $2.6 million in Q4 2025.
Noble (NE-WT) Other Working Capital Changes (2021 - 2026) Analysis & Trends
Noble has reported Other Working Capital Changes for 6 years, with the latest figure at $3.4 million in Q1 2026.
- For the quarter ending Q1 2026, Other Working Capital Changes rose 130.83% year-over-year to $3.4 million; the trailing twelve-month figure through Mar 2026 stood at $12.5 million (down 89.23% YoY), and the FY2025 full-year result was -$1.9 million, down 101.44% from the prior year.
- Other Working Capital Changes for Q1 2026 stood at $3.4 million, up from $2.6 million in the prior quarter.
- The five-year high for Other Working Capital Changes was $166.4 million in Q1 2023, with the low at -$161.0 million in Q2 2023.
- Historically, Other Working Capital Changes has averaged $9.9 million across 5 years, with a median of $1.8 million in 2023.
- Annual changes were most pronounced in 2023 — Other Working Capital Changes soared 422.08% — and 2025, when it plunged 350.03%.
- Noble's Other Working Capital Changes stood at -$14.8 million in 2022, then soared by 422.08% to $47.8 million in 2023, then surged by 195.76% to $141.5 million in 2024, then plunged by 98.17% to $2.6 million in 2025, then soared by 30.56% to $3.4 million in 2026.
- The last three Other Working Capital Changes figures came in at $3.4 million (Q1 2026), $2.6 million (Q4 2025), and $5.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Precision Drilling | 153.75 Bn | 153.69 Bn | 120.82 Mn |
| 2 | Noble | 7.23 Bn | 6.56 Bn | 755.58 Mn |
| 3 | Transocean | 6.52 Bn | 5.90 Bn | 475.00 Mn |
| 4 | Patterson Uti Energy | 4.41 Bn | 4.07 Bn | 535.85 Mn |
| 5 | Helmerich & Payne | 3.80 Bn | 3.70 Bn | 907.56 Mn |
| 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 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.39 Mn |
| Mar 31, 2026 | 3.39 Mn |
| Dec 31, 2025 | 2.60 Mn |
| Dec 31, 2025 | 2.60 Mn |
| Sep 30, 2025 | 5.63 Mn |
| Sep 30, 2025 | 5.63 Mn |
| Jun 30, 2025 | 864,000.00 |
| Jun 30, 2025 | 864,000.00 |
| Mar 31, 2025 | -10.99 Mn |
| Mar 31, 2025 | -10.99 Mn |
| Dec 31, 2024 | 141.46 Mn |
| Dec 31, 2024 | 141.46 Mn |
| Sep 30, 2024 | -4.39 Mn |
| Sep 30, 2024 | -4.39 Mn |
| Jun 30, 2024 | -10.16 Mn |
| Jun 30, 2024 | -10.16 Mn |
| Mar 31, 2024 | 4.40 Mn |
| Mar 31, 2024 | 4.40 Mn |
| Dec 31, 2023 | 47.83 Mn |
| Dec 31, 2023 | 47.83 Mn |