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
Download Data| Date | Value |
|---|---|
| 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 |