Noble NE
NYSE NE
$45.47 -0.42 (-0.92%)
As of: Sep 9, 2026 · 3:59 PM EDT

Noble (NE) Dividend Coverage Ratio (2023 - 2026)

Noble's (NE) quarterly Dividend Coverage Ratio came in at 0.46 in Q2 2026, down 185.55% on a YoY basis from 0.54 in Q2 2025, and down 131.98% quarter-over-quarter from 1.44 in Q1 2026.

Analysis

Noble (NE) Dividend Coverage Ratio (2023 - 2026) Analysis & Trends

Noble (NE) has reported Dividend Coverage Ratio for 4 consecutive years, with 0.46 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Dividend Coverage Ratio fell 185.55% year-over-year to 0.46; the trailing twelve-month figure through Jun 2026 stood at 0.46 (down 51.67% YoY), and the FY2025 full-year result was 0.68, down 58.08% from the prior year.
  • Dividend Coverage Ratio declined to 0.46 in Q2 2026 per NE's latest filing, from 1.44 in the prior quarter.
  • Across five years, Dividend Coverage Ratio topped out at 3.74 in Q3 2023 and bottomed at 0.46 in Q2 2026.
  • Historically, Dividend Coverage Ratio has averaged 1.26 across 4 years, with a median of 1.27 in 2024.
  • The widest YoY moves for Dividend Coverage Ratio: up 8.43% in 2026, down 185.55% in 2026.
  • Over 4 years, Dividend Coverage Ratio stood at 2.65 in 2023, then sank by 54.27% to 1.21 in 2024, then fell by 10.63% to 1.08 in 2025, then sank by 142.55% to 0.46 in 2026.
  • According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 0.46, 1.44, and 1.08 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Div. Cover (Qtr)
1 Noble 7.27 Bn 6.82 Bn 273.38 Mn -0.46
2 Transocean 6.43 Bn 5.63 Bn 358.00 Mn -
3 Seadrill 2.98 Bn 2.62 Bn 234.00 Mn -
4 Borr Drilling 1.13 Bn 910.00 Mn - -
5 Valaris 824.32 Mn 283.12 Mn 123.70 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -0.46
Mar 31, 2026 1.44
Dec 31, 2025 1.08
Sep 30, 2025 -0.27
Jun 30, 2025 0.54
Mar 31, 2025 1.33
Dec 31, 2024 1.21
Sep 30, 2024 0.75
Jun 30, 2024 1.50
Mar 31, 2024 1.61
Dec 31, 2023 2.65
Sep 30, 2023 3.74