KPIs & Operating Metrics(New)
Growth Metrics

Noble (NE) Change in Taxes (2021 - 2025)

Noble posted quarterly Change in Taxes of $4.0 million for Q1 2025, down 87.78% year-on-year from $32.7 million in Q1 2024, and up 120.27% on a QoQ basis from -$19.7 million in Q4 2024.

Noble (NE) has 5 years of Change in Taxes data on file, last reported at $4.0 million in Q1 2025.

  • For the quarter ending Q1 2025, Change in Taxes fell 87.78% year-over-year to $4.0 million; the trailing twelve-month figure through Mar 2025 stood at -$13.4 million (down 137.84% YoY), and the FY2024 full-year result was $15.3 million, up 106.98% from the prior year.
  • Change in Taxes for Q1 2025 stood at $4.0 million, up from -$19.7 million in the prior quarter.
  • Across five years, Change in Taxes topped out at $32.7 million in Q1 2024 and bottomed at -$23.2 million in Q4 2022.
  • The 5-year median for Change in Taxes is -$969000.0 (2022), against an average of -$767571.4.
  • Peak annual rise in Change in Taxes reached 1167.39% in 2023, while the deepest fall reached 409.07% in 2023.
  • A 5-year view of Change in Taxes shows it stood at -$14.0 million in 2021, then slumped by 65.46% to -$23.2 million in 2022, then surged by 54.56% to -$10.6 million in 2023, then tumbled by 86.9% to -$19.7 million in 2024, then jumped by 120.27% to $4.0 million in 2025.
  • The last three Change in Taxes figures came in at $4.0 million (Q1 2025), -$19.7 million (Q4 2024), and $4.0 million (Q3 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn 6.72 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn -
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn -
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn -
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn -
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn -
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn -
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn 3.21 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn - -

Historic Data

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DateValue
Mar 31, 2025 4.00 Mn
Mar 31, 2025 4.00 Mn
Dec 31, 2024 -19.72 Mn
Dec 31, 2024 -19.72 Mn
Sep 30, 2024 3.99 Mn
Sep 30, 2024 3.99 Mn
Jun 30, 2024 -1.72 Mn
Jun 30, 2024 -1.72 Mn
Mar 31, 2024 32.71 Mn
Mar 31, 2024 32.71 Mn
Dec 31, 2023 -10.55 Mn
Dec 31, 2023 -10.55 Mn
Sep 30, 2023 -2.36 Mn
Sep 30, 2023 -2.36 Mn
Jun 30, 2023 15.74 Mn
Jun 30, 2023 15.74 Mn
Mar 31, 2023 4.54 Mn
Mar 31, 2023 4.54 Mn
Dec 31, 2022 -23.23 Mn
Dec 31, 2022 -23.23 Mn
Sep 30, 2022 -463,000.00
Sep 30, 2022 -463,000.00
Jun 30, 2022 -1.48 Mn
Jun 30, 2022 -1.48 Mn
Mar 31, 2022 1.82 Mn
Mar 31, 2022 1.82 Mn
Dec 31, 2021 -14.04 Mn
Dec 31, 2021 -14.04 Mn