Noble (NE) FCF Margin (2021 - 2026)
Noble posted quarterly FCF Margin of 21.57% for Q1 2026, up 355.0% year-on-year from 4.74% in Q1 2025, and up 365.96% on a QoQ basis from 4.63% in Q4 2025.
Noble (NE) has 6 years of FCF Margin data on file, last reported at 21.57% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 355.0% year-over-year to 21.57%; the trailing twelve-month figure through Mar 2026 stood at 13.89% (up 553.0% YoY), and the FY2025 full-year result was 13.15%, up 1053.0% from the prior year.
- FCF Margin for Q1 2026 stood at 21.57%, up from 4.63% 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.
- The 5-year median for FCF Margin is 14.32% (2022), against an average of 6.49%.
- The widest annual swing landed in 2023, when FCF Margin surged 2640 bps; it then slumped 2319 bps in 2024.
- A 5-year view of FCF Margin shows it stood at 17.04% in 2022, then surged by 33 bps to 22.71% in 2023, then slumped by 102 bps to 0.48% in 2024, then surged by 1065 bps to 4.63% in 2025, then surged by 366 bps to 21.57% in 2026.
- The last three FCF Margin figures came in at 21.57% (Q1 2026), 4.63% (Q4 2025), and 17.48% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 24.36% |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 21.57% |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 12.58% |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -4.72% |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | -2.82% |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | -9.78% |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | -8,125.41% |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | -6.59% |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 13.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |