Noble (NE) FCF Payout Ratio (2023 - 2026)
Noble posted quarterly FCF Payout Ratio of 0.49 for Q1 2026, down 4.42% year-on-year from 0.52 in Q1 2025, and down 78.14% on a QoQ basis from 2.26 in Q4 2025.
Noble (NE) has 4 years of FCF Payout Ratio data on file, last reported at 0.49 in Q1 2026.
- For the quarter ending Q1 2026, FCF Payout Ratio fell 4.42% year-over-year to 0.49; the trailing twelve-month figure through Mar 2026 stood at 0.73 (down 46.26% YoY), and the FY2025 full-year result was 0.74, down 78.61% from the prior year.
- FCF Payout Ratio for Q1 2026 stood at 0.49, down from 2.26 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 2.26 in Q4 2025 and bottomed at 17.91 in Q4 2024.
- The 4-year median for FCF Payout Ratio is 0.52 (2025), against an average of 1.52.
- The widest annual swing landed in 2024, when FCF Payout Ratio plunged 4735.65%; it then surged 132.98% in 2025.
- A 4-year view of FCF Payout Ratio shows it stood at 0.39 in 2023, then slumped by 4735.65% to 17.91 in 2024, then surged by 112.61% to 2.26 in 2025, then tumbled by 78.14% to 0.49 in 2026.
- The last three FCF Payout Ratio figures came in at 0.49 (Q1 2026), 2.26 (Q4 2025), and 0.57 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 0.00 |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 0.49 |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | - |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -0.72 |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 0.66 |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | - |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | - |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 0.27 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |