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.
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 | 74.52 Bn | 70.45 Bn | 1.40 Bn | 0.23 |
| 2 | Baker Hughes | 55.17 Bn | 18.27 Bn | 1.58 Bn | 0.31 |
| 3 | Halliburton | 28.16 Bn | 19.87 Bn | 804.00 Mn | 0.00 |
| 4 | TechnipFMC | 27.25 Bn | 23.39 Bn | 684.70 Mn | 0.04 |
| 5 | Noble | 6.82 Bn | 4.75 Bn | 239.27 Mn | 0.26 |
| 6 | Nov | 6.80 Bn | 1.54 Bn | 521.00 Mn | 0.15 |
| 7 | Transocean | 6.52 Bn | 4.23 Bn | 358.00 Mn | 0.34 |
| 8 | Valaris | 6.12 Bn | 3.74 Bn | 123.70 Mn | 0.20 |
| 9 | Weatherford International | 5.69 Bn | 1.62 Bn | 333.00 Mn | 0.29 |
| 10 | Kodiak Gas Services | 4.53 Bn | 4.29 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_KEY
import 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();