Noble (NE) FCF Payout Ratio (2023 - 2026)
Noble's (NE) quarterly FCF Payout Ratio came in at 1.32 in Q2 2026, down 265.3% YoY from 0.8 in Q2 2025, and down 366.7% on a QoQ basis from 0.49 in Q1 2026.
Noble (NE) FCF Payout Ratio (2023 - 2026) Analysis & Trends
Noble (NE) has 4 years of FCF Payout Ratio data on file, last reported at 1.32 in Q2 2026.
- Quarterly FCF Payout Ratio fell 265.3% year-over-year to 1.32 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 1.14 (up 44.5% YoY) and the FY2025 annual result came in at 0.74, down 78.61% from the prior year.
- FCF Payout Ratio eased to 1.32 in Q2 2026, from 0.49 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 2.26 in Q4 2025 to a low of 17.91 in Q4 2024.
- A 4-year average of 1.5 and a median of 0.51 in 2025 frame the typical range for FCF Payout Ratio.
- Annual changes were most pronounced in 2024 — FCF Payout Ratio slumped 4735.65% — and 2025, when it surged 132.98%.
- Tracing NE's FCF Payout Ratio over 4 years: stood at 0.39 in 2023, then tumbled by 4735.65% to 17.91 in 2024, then jumped by 112.61% to 2.26 in 2025, then sank by 158.31% to 1.32 in 2026.
- The last three FCF Payout Ratio figures came in at 1.32 (Q2 2026), 0.49 (Q1 2026), and 2.26 (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | -1.32 |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | - |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | -0.38 |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 0.30 |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | - |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | - |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | - |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | - |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.32 |
| Mar 31, 2026 | 0.49 |
| Dec 31, 2025 | 2.26 |
| Sep 30, 2025 | 0.57 |
| Jun 30, 2025 | 0.80 |
| Mar 31, 2025 | 0.52 |
| Dec 31, 2024 | -17.91 |
| Sep 30, 2024 | 0.52 |
| Jun 30, 2024 | -3.79 |
| Mar 31, 2024 | -1.57 |
| Dec 31, 2023 | 0.39 |
| Sep 30, 2023 | 1.05 |