Noble (NE-WTA) Return on Capital Employed (2022 - 2026)
Noble (NE-WTA) reported Return on Capital Employed of 6.68% for Q1 2026, down 306.0% on a YoY basis from 3.25% in Q1 2025, and up 9.79% quarter-over-quarter from 6.09% in Q4 2025.
Noble (NE-WTA) Return on Capital Employed (2022 - 2026) Analysis & Trends
Noble has reported Return on Capital Employed for 5 years, with the latest figure at 6.68% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed fell 306.0% year-over-year to 6.68%; the trailing twelve-month figure through Mar 2026 stood at 6.68% (down 306.0% YoY), and the FY2025 full-year result was 5.95%, down 447.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 6.68%, up from 6.09% in the prior quarter.
- The five-year high for Return on Capital Employed was 13.87% in Q2 2024, with the low at 6.09% in Q4 2025.
- Historically, Return on Capital Employed has averaged 9.45% across 5 years, with a median of 8.98% in 2023.
- Annual changes were most pronounced in 2023 — Return on Capital Employed soared 483 bps — and 2025, when it slumped 526 bps.
- Noble's Return on Capital Employed stood at 7.28% in 2022, then jumped by 66 bps to 12.11% in 2023, then slipped by 29 bps to 8.56% in 2024, then retreated by 29 bps to 6.09% in 2025, then advanced by 10 bps to 6.68% in 2026.
- The last three Return on Capital Employed figures came in at 6.68% (Q1 2026), 6.09% (Q4 2025), and 7.91% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 153.75 Bn | 153.69 Bn | 120.82 Mn | 19.54% |
| 2 | Noble | 7.23 Bn | 6.56 Bn | 755.58 Mn | 6.68% |
| 3 | Transocean | 6.52 Bn | 5.90 Bn | 475.00 Mn | 0.02% |
| 4 | Patterson Uti Energy | 4.41 Bn | 4.07 Bn | 535.85 Mn | -1.52% |
| 5 | Helmerich & Payne | 3.80 Bn | 3.70 Bn | 907.56 Mn | -4.09% |
| 6 | Seadrill | 2.73 Bn | 2.40 Bn | 177.00 Mn | 1.49% |
| 7 | Sable Offshore | 1.70 Bn | 1.65 Bn | -66.76 Mn | -71.06% |
| 8 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 9.32% |
| 9 | Nabors Industries | 1.38 Bn | 1.26 Bn | 290.08 Mn | -37.93% |
| 10 | Noble | - | - | 755.58 Mn | 6.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.68% |
| Dec 31, 2025 | 6.09% |
| Sep 30, 2025 | 7.91% |
| Jun 30, 2025 | 8.61% |
| Mar 31, 2025 | 9.74% |
| Dec 31, 2024 | 8.56% |
| Sep 30, 2024 | 9.99% |
| Jun 30, 2024 | 13.87% |
| Mar 31, 2024 | 11.81% |
| Dec 31, 2023 | 12.11% |
| Sep 30, 2023 | 12.32% |
| Jun 30, 2023 | 9.35% |
| Mar 31, 2023 | 7.90% |
| Dec 31, 2022 | 7.28% |