KPIs & Operating Metrics(New)
Growth Metrics

Noble (NE) Enterprise Value (2021 - 2026)

Noble posted quarterly Enterprise Value of -$662.6 million for Q1 2026, down 118.15% year-on-year from $3.7 billion in Q1 2025, and down 40.57% on a QoQ basis from -$471.4 million in Q4 2025.

Noble (NE) has 6 years of Enterprise Value data on file, last reported at -$662.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Enterprise Value fell 118.15% year-over-year to -$662.6 million; the trailing twelve-month figure through Mar 2026 stood at -$662.6 million (down 118.15% YoY), and the FY2025 full-year result was -$471.4 million, down 90.62% from the prior year.
  • Enterprise Value for Q1 2026 stood at -$662.6 million, down from -$471.4 million in the prior quarter.
  • Across five years, Enterprise Value topped out at -$162.9 million in Q2 2024 and bottomed at -$662.6 million in Q1 2026.
  • The 5-year median for Enterprise Value is -$338.2 million (2025), against an average of -$347.6 million.
  • The widest annual swing landed in 2022, when Enterprise Value slumped 145.29%; it then soared 42.06% in 2023.
  • A 5-year view of Enterprise Value shows it stood at -$476.2 million in 2022, then increased by 24.24% to -$360.8 million in 2023, then soared by 31.46% to -$247.3 million in 2024, then sank by 90.62% to -$471.4 million in 2025, then sank by 40.57% to -$662.6 million in 2026.
  • The last three Enterprise Value figures came in at -$662.6 million (Q1 2026), -$471.4 million (Q4 2025), and -$477.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn -62.21 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn -662.65 Mn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn -615.00 Mn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn -330.92 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn -101.64 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn -329.00 Mn
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn -52.20 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn -117.40 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn - -380.70 Mn

Historic Data

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DateValue
Mar 31, 2026 -662.65 Mn
Dec 31, 2025 -471.40 Mn
Sep 30, 2025 -477.95 Mn
Jun 30, 2025 -338.19 Mn
Mar 31, 2025 -303.76 Mn
Dec 31, 2024 -247.30 Mn
Sep 30, 2024 -391.86 Mn
Jun 30, 2024 -162.85 Mn
Mar 31, 2024 -212.47 Mn
Dec 31, 2023 -360.79 Mn
Sep 30, 2023 -244.79 Mn
Jun 30, 2023 -255.36 Mn
Mar 31, 2023 -186.19 Mn
Dec 31, 2022 -476.21 Mn
Sep 30, 2022 -422.49 Mn
Dec 31, 2021 -194.14 Mn