KPIs & Operating Metrics(New)
Growth Metrics

Noble (NE) Debt Ratio (2021 - 2026)

Noble posted quarterly Debt Ratio of 0.26 for Q1 2026, up 2.49% year-on-year from 0.25 in Q1 2025, and down 2.29% on a QoQ basis from 0.26 in Q4 2025.

Noble (NE) has 6 years of Debt Ratio data on file, last reported at 0.26 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 2.49% year-over-year to 0.26; the trailing twelve-month figure through Mar 2026 stood at 0.26 (up 2.49% YoY), and the FY2025 full-year result was 0.26, up 5.54% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.26, down from 0.26 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.26 in Q4 2025 and bottomed at 0.1 in Q1 2023.
  • The 5-year median for Debt Ratio is 0.18 (2022), against an average of 0.18.
  • The widest annual swing landed in 2023, when Debt Ratio slumped 38.94%; it then jumped 133.58% in 2024.
  • A 5-year view of Debt Ratio shows it stood at 0.13 in 2022, then declined by 17.18% to 0.11 in 2023, then jumped by 133.58% to 0.25 in 2024, then gained by 5.54% to 0.26 in 2025, then retreated by 2.29% to 0.26 in 2026.
  • The last three Debt Ratio figures came in at 0.26 (Q1 2026), 0.26 (Q4 2025), and 0.26 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn 0.24
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn 0.26
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn 0.35
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn 0.23
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn 0.32
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn 0.15
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn 0.55
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn 0.48
9 Borr Drilling 1.48 Bn 1.10 Bn - 0.59

Historic Data

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DateValue
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