Noble (NE-WTA) Equity Ratio (2021 - 2026)

Noble (NE-WTA) reported Equity Ratio of 0.61 for Q1 2026, up 4.19% on a YoY basis from 0.59 in Q1 2025, and up 1.56% quarter-over-quarter from 0.6 in Q4 2025.

Noble (NE-WTA) Equity Ratio (2021 - 2026) Analysis & Trends

Noble has reported Equity Ratio for 6 years, with the latest figure at 0.61 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio rose 4.19% year-over-year to 0.61; the trailing twelve-month figure through Mar 2026 stood at 0.61 (up 4.19% YoY), and the FY2025 full-year result was 0.6, up 3.45% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.61, up from 0.6 in the prior quarter.
  • The five-year high for Equity Ratio was 0.73 in Q1 2023, with the low at 0.58 in Q3 2024.
  • Historically, Equity Ratio has averaged 0.66 across 5 years, with a median of 0.65 in 2022.
  • Annual changes were most pronounced in 2023 — Equity Ratio increased 12.07% — and 2024, when it declined 19.85%.
  • Noble's Equity Ratio stood at 0.69 in 2022, then gained by 3.33% to 0.71 in 2023, then dropped by 17.98% to 0.58 in 2024, then advanced by 3.45% to 0.6 in 2025, then gained by 1.56% to 0.61 in 2026.
  • The last three Equity Ratio figures came in at 0.61 (Q1 2026), 0.6 (Q4 2025), and 0.59 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Precision Drilling 153.75 Bn 153.69 Bn 120.82 Mn 0.82
2 Noble 7.23 Bn 6.56 Bn 755.58 Mn 0.61
3 Transocean 6.52 Bn 5.90 Bn 475.00 Mn 0.54
4 Patterson Uti Energy 4.41 Bn 4.07 Bn 535.85 Mn 0.59
5 Helmerich & Payne 3.80 Bn 3.70 Bn 907.56 Mn 0.42
6 Seadrill 2.73 Bn 2.40 Bn 177.00 Mn 0.71
7 Sable Offshore 1.70 Bn 1.65 Bn -66.76 Mn 0.24
8 Borr Drilling 1.40 Bn 1.16 Bn - 0.31
9 Nabors Industries 1.38 Bn 1.26 Bn 290.08 Mn 0.13
10 Noble - - 755.58 Mn 0.61

Historic Data

Download Data
DateValue
Mar 31, 2026 0.61
Dec 31, 2025 0.60
Sep 30, 2025 0.59
Jun 30, 2025 0.60
Mar 31, 2025 0.59
Dec 31, 2024 0.58
Sep 30, 2024 0.58
Jun 30, 2024 0.71
Mar 31, 2024 0.72
Dec 31, 2023 0.71
Sep 30, 2023 0.73
Jun 30, 2023 0.72
Mar 31, 2023 0.73
Dec 31, 2022 0.69
Sep 30, 2022 0.65
Dec 31, 2021 0.72