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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Noble (NE) Asset Utilization Ratio (2022 - 2026)

Noble posted quarterly Asset Utilization Ratio of 0.43 for Q1 2026, up 2.62% year-on-year from 0.42 in Q1 2025, and down 1.65% on a QoQ basis from 0.43 in Q4 2025.

Noble (NE) has 5 years of Asset Utilization Ratio data on file, last reported at 0.43 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio rose 2.62% year-over-year to 0.43; the trailing twelve-month figure through Mar 2026 stood at 0.43 (up 2.62% YoY), and the FY2025 full-year result was 0.42, down 6.58% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.43, down from 0.43 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.49 in Q3 2023 and bottomed at 0.35 in Q1 2023.
  • The 5-year median for Asset Utilization Ratio is 0.43 (2025), against an average of 0.43.
  • Peak annual rise in Asset Utilization Ratio reached 35.85% in 2024, while the deepest fall reached 20.45% in 2024.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.37 in 2022, then gained by 29.49% to 0.48 in 2023, then retreated by 20.45% to 0.38 in 2024, then grew by 13.33% to 0.43 in 2025, then retreated by 1.65% to 0.43 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.43 (Q1 2026), 0.43 (Q4 2025), and 0.45 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn 0.69
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn 0.43
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn 0.27
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn 0.85
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn 0.62
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn 0.41
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn 0.00
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn 0.70
9 Borr Drilling 1.48 Bn 1.10 Bn - 0.29

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 0.43
Dec 31, 2025 0.43
Sep 30, 2025 0.45
Jun 30, 2025 0.44
Mar 31, 2025 0.42
Dec 31, 2024 0.38
Sep 30, 2024 0.41
Jun 30, 2024 0.48
Mar 31, 2024 0.48
Dec 31, 2023 0.48
Sep 30, 2023 0.49
Jun 30, 2023 0.42
Mar 31, 2023 0.35
Dec 31, 2022 0.37