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Growth Metrics

Noble (NE) Equity Ratio (2021 - 2026)

Noble posted quarterly Equity Ratio of 0.61 for Q1 2026, up 4.19% year-on-year from 0.59 in Q1 2025, and up 1.56% on a QoQ basis from 0.6 in Q4 2025.

Noble (NE) has 6 years of Equity Ratio data on file, last reported at 0.61 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio rose 4.19% year-over-year to 0.61; the trailing twelve-month figure through Mar 2026 stood at 0.61 (up 4.19% YoY), and the FY2025 full-year result was 0.6, up 3.45% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.61, up from 0.6 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.73 in Q1 2023 and bottomed at 0.58 in Q3 2024.
  • The 5-year median for Equity Ratio is 0.65 (2022), against an average of 0.66.
  • The widest annual swing landed in 2023, when Equity Ratio increased 12.07%; it then declined 19.85% in 2024.
  • A 5-year view of Equity Ratio shows it stood at 0.69 in 2022, then advanced by 3.33% to 0.71 in 2023, then declined by 17.98% to 0.58 in 2024, then climbed by 3.45% to 0.6 in 2025, then advanced by 1.56% to 0.61 in 2026.
  • The last three Equity Ratio figures came in at 0.61 (Q1 2026), 0.6 (Q4 2025), and 0.59 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn 0.82
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn 0.61
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn 0.54
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn 0.59
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn 0.42
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn 0.71
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn 0.24
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn 0.13
9 Borr Drilling 1.48 Bn 1.10 Bn - 0.34

Historic Data

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DateValue
Mar 31, 2026 0.61
Dec 31, 2025 0.60
Sep 30, 2025 0.59
Jun 30, 2025 0.60
Mar 31, 2025 0.59
Dec 31, 2024 0.58
Sep 30, 2024 0.58
Jun 30, 2024 0.71
Mar 31, 2024 0.72
Dec 31, 2023 0.71
Sep 30, 2023 0.73
Jun 30, 2023 0.72
Mar 31, 2023 0.73
Dec 31, 2022 0.69
Sep 30, 2022 0.65
Dec 31, 2021 0.72