KPIs & Operating Metrics(New)
Growth Metrics

Noble (NE) Debt to Equity (2021 - 2026)

Noble posted quarterly Debt to Equity of $0.42 for Q1 2026, down 1.62% year-on-year from $0.42 in Q1 2025, and down 3.78% on a QoQ basis from $0.43 in Q4 2025.

Noble (NE) has 6 years of Debt to Equity data on file, last reported at $0.42 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity fell 1.62% year-over-year to $0.42; the trailing twelve-month figure through Mar 2026 stood at $0.42 (down 1.62% YoY), and the FY2025 full-year result was $0.43, up 2.03% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.42, down from $0.43 in the prior quarter.
  • Across five years, Debt to Equity topped out at $0.44 in Q3 2025 and bottomed at $0.14 in Q1 2023.
  • The 5-year median for Debt to Equity is $0.28 (2022), against an average of $0.29.
  • The widest annual swing landed in 2023, when Debt to Equity plunged 45.52%; it then surged 184.77% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $0.19 in 2022, then slipped by 19.85% to $0.15 in 2023, then soared by 184.77% to $0.43 in 2024, then rose by 2.03% to $0.43 in 2025, then fell by 3.78% to $0.42 in 2026.
  • The last three Debt to Equity figures came in at $0.42 (Q1 2026), $0.43 (Q4 2025), and $0.44 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn 0.30
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn 0.42
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn 0.64
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn 0.39
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn 0.76
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn 0.22
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn 2.27
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn 3.72
9 Borr Drilling 1.48 Bn 1.10 Bn - 1.76

Historic Data

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DateValue
Mar 31, 2026 0.42
Dec 31, 2025 0.43
Sep 30, 2025 0.44
Jun 30, 2025 0.43
Mar 31, 2025 0.42
Dec 31, 2024 0.43
Sep 30, 2024 0.42
Jun 30, 2024 0.16
Mar 31, 2024 0.15
Dec 31, 2023 0.15
Sep 30, 2023 0.15
Jun 30, 2023 0.16
Mar 31, 2023 0.14
Dec 31, 2022 0.19
Sep 30, 2022 0.28
Dec 31, 2021 0.14