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Growth Metrics

Noble (NE) Leases (2021 - 2026)

Noble posted quarterly Leases of $45.0 million for Q1 2026, down 54.88% on a QoQ basis from $99.8 million in Q4 2025.

Noble (NE) has 6 years of Leases data on file, last reported at $45.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Leases changed N/A year-over-year to $45.0 million; the trailing twelve-month figure through Mar 2026 stood at $45.0 million (changed N/A YoY), and the FY2025 full-year result was $99.8 million, up 26.3% from the prior year.
  • Leases for Q1 2026 stood at $45.0 million, down from $99.8 million in the prior quarter.
  • Across five years, Leases topped out at $99.8 million in Q4 2025 and bottomed at $24.5 million in Q4 2023.
  • The 5-year median for Leases is $62.0 million (2024), against an average of $61.1 million.
  • The widest annual swing landed in 2023, when Leases dropped 29.01%; it then surged 222.05% in 2024.
  • A 5-year view of Leases shows it stood at $34.6 million in 2022, then dropped by 29.01% to $24.5 million in 2023, then soared by 222.05% to $79.0 million in 2024, then advanced by 26.3% to $99.8 million in 2025, then tumbled by 54.88% to $45.0 million in 2026.
  • The last three Leases figures came in at $45.0 million (Q1 2026), $99.8 million (Q4 2025), and $79.0 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Leases (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn 44.50 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn 45.01 Mn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn -
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn 37.98 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn 111.80 Mn
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 - -

Historic Data

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DateValue
Mar 31, 2026 45.01 Mn
Dec 31, 2025 99.77 Mn
Dec 31, 2024 78.99 Mn
Sep 30, 2024 83.78 Mn
Dec 31, 2023 24.53 Mn
Dec 31, 2022 34.55 Mn
Dec 31, 2021 17.07 Mn