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
Download Data| Date | Value |
|---|---|
| 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 |