Noble (NE) FCF Margin (2021 - 2026)
Noble's (NE) quarterly FCF Margin came in at 8.39% in Q2 2026, down 2015.0% on a YoY basis from 0.44% in Q2 2025, and down 138.9% quarter-over-quarter from 21.57% in Q1 2026.
Analysis
Noble (NE) FCF Margin (2021 - 2026) Analysis & Trends
Noble (NE) has reported FCF Margin for 6 consecutive years, with 8.39% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 2015.0% year-over-year to 8.39%; the trailing twelve-month figure through Jun 2026 stood at 9.25% (down 261.0% YoY), and the FY2025 full-year result was 13.15%, up 1053.0% from the prior year.
- FCF Margin fell to 8.39% in Q2 2026 per NE's latest filing, from 21.57% in the prior quarter.
- Across five years, FCF Margin topped out at 22.71% in Q4 2023 and bottomed at 47.02% in Q1 2022.
- Historically, FCF Margin has averaged 5.67% across 5 years, with a median of 13.04% in 2022.
- The sharpest annual moves came in 2023 and 2024: FCF Margin soared 2640 bps in 2023, then sank 2319 bps in 2024.
- Over 5 years, FCF Margin stood at 17.04% in 2022, then soared by 33 bps to 22.71% in 2023, then sank by 102 bps to 0.48% in 2024, then soared by 1065 bps to 4.63% in 2025, then sank by 281 bps to 8.39% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 8.39%, 21.57%, and 4.63% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.27 Bn | 6.82 Bn | 273.38 Mn | -8.39% |
| 2 | Transocean | 6.43 Bn | 5.63 Bn | 358.00 Mn | 21.95% |
| 3 | Seadrill | 2.98 Bn | 2.62 Bn | 234.00 Mn | -9.58% |
| 4 | Borr Drilling | 1.13 Bn | 910.00 Mn | - | -9.38% |
| 5 | Valaris | 824.32 Mn | 283.12 Mn | 123.70 Mn | -17.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.39% |
| Mar 31, 2026 | 21.57% |
| Dec 31, 2025 | 4.63% |
| Sep 30, 2025 | 17.48% |
| Jun 30, 2025 | 11.76% |
| Mar 31, 2025 | 18.01% |
| Dec 31, 2024 | -0.48% |
| Sep 30, 2024 | 19.58% |
| Jun 30, 2024 | -4.94% |
| Mar 31, 2024 | -5.95% |
| Dec 31, 2023 | 22.71% |
| Sep 30, 2023 | 5.76% |
| Jun 30, 2023 | 16.34% |
| Mar 31, 2023 | -20.62% |
| Dec 31, 2022 | 17.04% |
| Sep 30, 2022 | 14.32% |
| Jun 30, 2022 | 20.22% |
| Mar 31, 2022 | -47.02% |
| Dec 31, 2021 | -4.36% |