Noble (NE) FCF Margin (2021 - 2026)
Noble (NE) posted FCF Margin of -8.39% for Q2 2026, down 20.15 percentage points from 11.76% a year earlier and down 29.95 percentage points from the prior quarter.
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Analysis
Noble (NE) FCF Margin (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at Noble was 9.25%, down 2.61 percentage points year-over-year; for FY2025, it came in at 13.15%, up 10.53 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of +0.26 percentage points (FY2020 to FY2025).
- In prior years, Noble's FCF Margin was 2.62% in FY2024 (-3.74 pp), 6.36% in FY2023 (-1.18 pp), 7.54% in FY2022 (+20.89 pp) and -13.34% in FY2021 (-26.24 pp).
- The Q2 2026 figure stands as the lowest quarterly FCF Margin since Q1 2023.
- On a year-over-year basis, FCF Margin increased in five of the last eight quarters, with an average year-over-year change of +2.21 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q1 2023, with a gain of 26.40 percentage points; the weakest was Q4 2024, with a drop of 23.19 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 21.57% (Q1 2026), 4.63% (Q4 2025) and 17.48% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 10.03% |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 15.50% |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 17.66% |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 10.31% |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | -3.00% |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | -8.39% |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 21.95% |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 12.04% |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | -17.14% |
| 10 | Kodiak Gas Services | 5.35 Bn | 5.11 Bn | 246.76 Mn | -25.76% |
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% |
API Access
Noble FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=NE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "NE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=NE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();