KPIs & Operating Metrics(New)
Growth Metrics

Noble (NE) Free Cash Flow (2021 - 2026)

Noble posted quarterly Free Cash Flow of $169.4 million for Q1 2026, up 7.56% year-on-year from $157.5 million in Q1 2025, and up 378.93% on a QoQ basis from $35.4 million in Q4 2025.

Noble (NE) has 6 years of Free Cash Flow data on file, last reported at $169.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow rose 7.56% year-over-year to $169.4 million; the trailing twelve-month figure through Mar 2026 stood at $444.1 million (up 61.12% YoY), and the FY2025 full-year result was $432.2 million, up 439.12% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $169.4 million, up from $35.4 million in the prior quarter.
  • Across five years, Free Cash Flow topped out at $169.4 million in Q1 2026 and bottomed at -$125.8 million in Q1 2023.
  • The 5-year median for Free Cash Flow is $55.6 million (2022), against an average of $56.1 million.
  • The widest annual swing landed in 2022, when Free Cash Flow surged 1269.35%; it then sank 132.82% in 2024.
  • A 5-year view of Free Cash Flow shows it stood at $106.1 million in 2022, then soared by 37.65% to $146.0 million in 2023, then slumped by 103.05% to -$4.4 million in 2024, then jumped by 895.37% to $35.4 million in 2025, then surged by 378.93% to $169.4 million in 2026.
  • The last three Free Cash Flow figures came in at $169.4 million (Q1 2026), $35.4 million (Q4 2025), and $139.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn 93.45 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn 169.44 Mn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn 136.00 Mn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn -52.77 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn -26.28 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn -35.00 Mn
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn -103.27 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn -51.62 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn - 35.00 Mn

Historic Data

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DateValue
Mar 31, 2026 169.44 Mn
Mar 31, 2026 169.44 Mn
Dec 31, 2025 35.38 Mn
Dec 31, 2025 35.38 Mn
Sep 30, 2025 139.48 Mn
Sep 30, 2025 139.48 Mn
Jun 30, 2025 99.78 Mn
Jun 30, 2025 99.78 Mn
Mar 31, 2025 157.52 Mn
Mar 31, 2025 157.52 Mn
Dec 31, 2024 -4.45 Mn
Dec 31, 2024 -4.45 Mn
Sep 30, 2024 156.78 Mn
Sep 30, 2024 156.78 Mn
Jun 30, 2024 -34.25 Mn
Jun 30, 2024 -34.25 Mn
Mar 31, 2024 -37.92 Mn
Mar 31, 2024 -37.92 Mn
Dec 31, 2023 146.04 Mn
Dec 31, 2023 146.04 Mn
Sep 30, 2023 40.17 Mn
Sep 30, 2023 40.17 Mn
Jun 30, 2023 104.36 Mn
Jun 30, 2023 104.36 Mn
Mar 31, 2023 -125.81 Mn
Mar 31, 2023 -125.81 Mn
Dec 31, 2022 106.10 Mn
Dec 31, 2022 106.10 Mn
Sep 30, 2022 43.80 Mn
Sep 30, 2022 43.80 Mn
Jun 30, 2022 55.63 Mn
Jun 30, 2022 55.63 Mn
Mar 31, 2022 -98.86 Mn
Mar 31, 2022 -98.86 Mn
Dec 31, 2021 -9.07 Mn
Dec 31, 2021 -9.07 Mn