Noble (NE) Debt Ratio (2021 - 2026)
Noble's (NE) Debt Ratio stood at 0.26 in Q2 2026, up 1.1% from 0.26 a year earlier and up 1.7% from the prior quarter.
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Analysis
Noble (NE) Debt Ratio (2021 - 2026) Analysis & Trends
Starting with Q4 2021, Noble's Debt Ratio history includes 17 quarters.
- Across earlier years, Debt Ratio came in at 0.25 in FY2024 (+133.6%), 0.11 in FY2023 (-17.2%), 0.13 in FY2022 (+23.4%) and 0.10 in FY2021.
- Quarterly Debt Ratio has ranged from 0.10 in Q1 2023 to 0.26 in Q4 2025 over the past five years.
- On a year-over-year basis, Debt Ratio has increased for eight consecutive quarters, with growth averaging 66.6% over the last eight quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 133.6% in Q4 2024, against a decline of 38.9% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.26 (Q1 2026), 0.26 (Q4 2025) and 0.26 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 0.23 |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 0.31 |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 0.04 |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 0.00 |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 0.15 |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 0.26 |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 0.34 |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 0.29 |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 0.20 |
| 10 | Kodiak Gas Services | 5.35 Bn | 5.11 Bn | 246.76 Mn | 0.49 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.26 |
| Mar 31, 2026 | 0.26 |
| Dec 31, 2025 | 0.26 |
| Sep 30, 2025 | 0.26 |
| Jun 30, 2025 | 0.26 |
| Mar 31, 2025 | 0.25 |
| Dec 31, 2024 | 0.25 |
| Sep 30, 2024 | 0.25 |
| Jun 30, 2024 | 0.11 |
| Mar 31, 2024 | 0.11 |
| Dec 31, 2023 | 0.11 |
| Sep 30, 2023 | 0.11 |
| Jun 30, 2023 | 0.11 |
| Mar 31, 2023 | 0.10 |
| Dec 31, 2022 | 0.13 |
| Sep 30, 2022 | 0.18 |
| Dec 31, 2021 | 0.10 |
API Access
Noble Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=NE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "NE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=NE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();