Noble (NE-WT) Receivables - Net (2021 - 2026)
Noble (NE-WT) reported Receivables - Net of $595.9 million for Q1 2026, down 21.21% on a YoY basis from $756.3 million in Q1 2025, and up 1.07% quarter-over-quarter from $589.6 million in Q4 2025.
Noble (NE-WT) Receivables - Net (2021 - 2026) Analysis & Trends
Noble has reported Receivables - Net for 6 years, with the latest figure at $595.9 million in Q1 2026.
- For the quarter ending Q1 2026, Receivables - Net fell 21.21% year-over-year to $595.9 million; the trailing twelve-month figure through Mar 2026 stood at $595.9 million (down 21.21% YoY), and the FY2025 full-year result was $589.6 million, down 26.02% from the prior year.
- Receivables - Net for Q1 2026 stood at $595.9 million, up from $589.6 million in the prior quarter.
- The five-year high for Receivables - Net was $797.0 million in Q4 2024, with the low at $274.2 million in Q3 2022.
- Historically, Receivables - Net has averaged $611.2 million across 5 years, with a median of $595.9 million in 2026.
- Annual changes were most pronounced in 2022 — Receivables - Net jumped 133.91% — and 2025, when it slipped 26.02%.
- Noble's Receivables - Net stood at $468.8 million in 2022, then climbed by 17.07% to $548.8 million in 2023, then surged by 45.21% to $797.0 million in 2024, then decreased by 26.02% to $589.6 million in 2025, then rose by 1.07% to $595.9 million in 2026.
- The last three Receivables - Net figures came in at $595.9 million (Q1 2026), $589.6 million (Q4 2025), and $678.3 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 | 595.88 Mn |
| Mar 31, 2026 | 595.88 Mn |
| Dec 31, 2025 | 589.60 Mn |
| Dec 31, 2025 | 589.60 Mn |
| Sep 30, 2025 | 678.29 Mn |
| Sep 30, 2025 | 678.29 Mn |
| Jun 30, 2025 | 761.73 Mn |
| Jun 30, 2025 | 761.73 Mn |
| Mar 31, 2025 | 756.30 Mn |
| Mar 31, 2025 | 756.30 Mn |
| Dec 31, 2024 | 796.96 Mn |
| Dec 31, 2024 | 796.96 Mn |
| Sep 30, 2024 | 752.27 Mn |
| Sep 30, 2024 | 752.27 Mn |
| Jun 30, 2024 | 637.03 Mn |
| Jun 30, 2024 | 637.03 Mn |
| Mar 31, 2024 | 590.23 Mn |
| Mar 31, 2024 | 590.23 Mn |
| Dec 31, 2023 | 548.84 Mn |
| Dec 31, 2023 | 548.84 Mn |