Noble (NE-WT) Tax Rate (2021 - 2026)
Noble (NE-WT) reported Tax Rate of 37.67% for Q1 2026, up 1049.0% on a YoY basis from 3.28% in Q1 2025, and up 107.13% quarter-over-quarter from 528.31% in Q4 2025.
Noble (NE-WT) Tax Rate (2021 - 2026) Analysis & Trends
Noble has reported Tax Rate for 6 years, with the latest figure at 37.67% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 1049.0% year-over-year to 37.67%; the trailing twelve-month figure through Mar 2026 stood at 27.96% (up 1094.0% YoY), and the FY2025 full-year result was 20.65%, up 1171.0% from the prior year.
- Tax Rate for Q1 2026 stood at 37.67%, up from 528.31% in the prior quarter.
- The five-year high for Tax Rate was 298.34% in Q3 2025, with the low at 528.31% in Q4 2025.
- Historically, Tax Rate has averaged 0.35% across 5 years, with a median of 12.43% in 2022.
- The largest YoY upside for Tax Rate was 26428 bps in 2025 against a maximum downside of 55065 bps in 2025.
- Noble's Tax Rate stood at 7.4% in 2022, then slumped by 145 bps to 3.34% in 2023, then surged by 768 bps to 22.35% in 2024, then sank by 2464 bps to 528.31% in 2025, then surged by 107 bps to 37.67% in 2026.
- The last three Tax Rate figures came in at 37.67% (Q1 2026), 528.31% (Q4 2025), and 298.34% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 153.75 Bn | 153.69 Bn | 120.82 Mn | 34.05% |
| 2 | Noble | 7.23 Bn | 6.56 Bn | 755.58 Mn | 37.67% |
| 3 | Transocean | 6.52 Bn | 5.90 Bn | 475.00 Mn | -317.65% |
| 4 | Patterson Uti Energy | 4.41 Bn | 4.07 Bn | 535.85 Mn | 12.81% |
| 5 | Helmerich & Payne | 3.80 Bn | 3.70 Bn | 907.56 Mn | -19.97% |
| 6 | Seadrill | 2.73 Bn | 2.40 Bn | 177.00 Mn | 143.75% |
| 7 | Sable Offshore | 1.70 Bn | 1.65 Bn | -66.76 Mn | - |
| 8 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 62.01% |
| 9 | Nabors Industries | 1.38 Bn | 1.26 Bn | 290.08 Mn | 55.93% |
| 10 | Noble | - | - | 755.58 Mn | 37.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.67% |
| Mar 31, 2026 | 37.67% |
| Dec 31, 2025 | -528.31% |
| Dec 31, 2025 | -528.31% |
| Sep 30, 2025 | 298.34% |
| Sep 30, 2025 | 298.34% |
| Jun 30, 2025 | 57.11% |
| Jun 30, 2025 | 57.11% |
| Mar 31, 2025 | 27.17% |
| Mar 31, 2025 | 27.17% |
| Dec 31, 2024 | 22.35% |
| Dec 31, 2024 | 22.35% |
| Sep 30, 2024 | 34.05% |
| Sep 30, 2024 | 34.05% |
| Jun 30, 2024 | -2.75% |
| Jun 30, 2024 | -2.75% |
| Mar 31, 2024 | -11.98% |
| Mar 31, 2024 | -11.98% |
| Dec 31, 2023 | -3.34% |
| Dec 31, 2023 | -3.34% |