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
DateValue
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%