Noble (NE) EBITDA Margin (2021 - 2026)
Noble (NE) recorded EBITDA Margin of 23.63% in Q2 2026, down 9.75 percentage points from 33.38% a year earlier and down 22.53 percentage points from the prior quarter.
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Analysis
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 4.06 percentage points year-over-year; for FY2025, it was 30.72%, down 5.01 percentage points from FY2024.
- Annual EBITDA Margin has a five-year change of +414.68 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 35.73% in FY2024 (-2.23 pp), 37.96% in FY2023 (+11.01 pp), 26.95% in FY2022 (+14.12 pp) and 12.83% in FY2021 (+396.79 pp).
- The Q2 2026 figure is the lowest quarterly EBITDA Margin since Q3 2022.
- On a year-over-year basis, EBITDA Margin rose in two of the last eight quarters, with an average year-over-year change of -5.18 percentage points.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 48.83 percentage points in Q1 2023, against a drop of 13.28 percentage points in Q2 2025 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.69 Bn | 71.14 Bn | 1.57 Bn | 19.44% |
| 2 | Baker Hughes | 48.29 Bn | 10.02 Bn | 1.96 Bn | 19.34% |
| 3 | Halliburton | 26.55 Bn | 18.45 Bn | 840.00 Mn | 16.13% |
| 4 | TechnipFMC | 25.06 Bn | 21.03 Bn | 728.70 Mn | 21.70% |
| 5 | Noble | 6.56 Bn | 4.63 Bn | 228.22 Mn | 27.93% |
| 6 | Nov | 6.32 Bn | 1.21 Bn | 439.00 Mn | 10.56% |
| 7 | Weatherford International | 6.16 Bn | 1.90 Bn | 374.00 Mn | 19.51% |
| 8 | Transocean | 5.81 Bn | 3.85 Bn | 348.00 Mn | 31.80% |
| 9 | Valaris | 5.47 Bn | 3.23 Bn | 176.30 Mn | 21.66% |
| 10 | Kodiak Gas Services | 4.25 Bn | 4.01 Bn | 246.76 Mn | 52.64% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 27.93% |
| 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% |
API Access
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_KEYimport 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();