Noble (NE) EBITDA Margin (2021 - 2026)
Noble (NE) recorded EBITDA Margin of 23.63% in Q2 2026, down 9.53 percentage points from 33.16% a year earlier and down 22.53 percentage points from the prior quarter.
Noble (NE) EBITDA Margin (2021 - 2026) Analysis & Trends
On a TTM basis, Noble's EBITDA Margin came in at 30.02% as of Jun 30, 2026, down 2.58 percentage points year-over-year; for FY2025, it was 30.21%, down 1.59 percentage points from FY2024.
- Annual EBITDA Margin has a five-year change of +414.17 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 31.81% in FY2024 (+2.09 pp), 29.71% in FY2023 (+3.52 pp), 26.19% in FY2022 (-0.02 pp) and 26.21% in FY2021 (+410.17 pp).
- The Q2 2026 figure is the lowest quarterly EBITDA Margin since Q2 2023.
- On a year-over-year basis, EBITDA Margin rose in two of the last eight quarters, with an average year-over-year change of -2.74 percentage points.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 22.96 percentage points in Q3 2022, against a drop of 53.86 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 46.16% (Q1 2026), 24.93% (Q4 2025) and 24.77% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.22 Bn | 70.15 Bn | 1.40 Bn | 19.87% |
| 2 | Baker Hughes | 55.13 Bn | 18.23 Bn | 1.58 Bn | 17.68% |
| 3 | Halliburton | 27.99 Bn | 19.71 Bn | 804.00 Mn | 18.80% |
| 4 | TechnipFMC | 27.25 Bn | 23.39 Bn | 684.70 Mn | -54.16% |
| 5 | Noble | 6.84 Bn | 4.78 Bn | 239.27 Mn | 23.63% |
| 6 | Nov | 6.79 Bn | 1.53 Bn | 521.00 Mn | 13.40% |
| 7 | Transocean | 6.50 Bn | 4.20 Bn | 358.00 Mn | 32.09% |
| 8 | Valaris | 6.10 Bn | 3.72 Bn | 123.70 Mn | 17.75% |
| 9 | Weatherford International | 5.66 Bn | 1.60 Bn | 333.00 Mn | 16.11% |
| 10 | Kodiak Gas Services | 4.56 Bn | 4.32 Bn | 246.76 Mn | 52.64% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.63% |
| Mar 31, 2026 | 46.16% |
| Dec 31, 2025 | 24.93% |
| Sep 30, 2025 | 24.77% |
| Jun 30, 2025 | 33.38% |
| Mar 31, 2025 | 38.64% |
| Dec 31, 2024 | 35.12% |
| Sep 30, 2024 | 28.62% |
| Jun 30, 2024 | 46.65% |
| Mar 31, 2024 | 33.68% |
| Dec 31, 2023 | 39.17% |
| Sep 30, 2023 | 41.40% |
| Jun 30, 2023 | 33.12% |
| Mar 31, 2023 | 37.83% |
| Dec 31, 2022 | 44.31% |
| Sep 30, 2022 | 22.32% |
| Jun 30, 2022 | 21.80% |
| Mar 31, 2022 | -11.00% |
| Dec 31, 2021 | 35.21% |
| Sep 30, 2021 | 4.70% |
Noble EBITDA Margin 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=ebitda-margin&ticker=NE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=NE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();