Noble NE
NYSE NE
$45.47 -0.42 (-0.92%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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%