Noble (NE) Net Margin (2021 - 2026)
Noble's Net Margin came in at -5.10% for Q2 2026, down 10.15 percentage points from 5.05% a year earlier and down 20.46 percentage points from the prior quarter.
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Analysis
Noble (NE) Net Margin (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Noble reported Net Margin of 4.88%, down 4.08 percentage points year-over-year; for FY2025, it came in at 6.60%, down 8.07 percentage points from FY2024.
- Net Margin carries a five-year change of +419.18 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 14.66% in FY2024 (-3.95 pp), 18.61% in FY2023 (+6.66 pp), 11.95% in FY2022 (-1.29 pp) and 13.24% in FY2021 (+425.83 pp).
- The Q2 2026 figure represents the lowest quarterly Net Margin since Q1 2022.
- Year-over-year, Net Margin increased in two of the last eight quarters, with an average year-over-year change of -8.77 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q1 2023 (a gain of 35.15 percentage points), and the weakest in Q4 2022 (a drop of 37.62 percentage points).
- Business Quant data shows NE's Net Margin at 15.37% (Q1 2026), 11.33% (Q4 2025) and -2.64% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.81 Bn | 70.26 Bn | 1.57 Bn | 7.78% |
| 2 | Baker Hughes | 47.88 Bn | 9.61 Bn | 1.96 Bn | 5.12% |
| 3 | Halliburton | 26.33 Bn | 18.23 Bn | 840.00 Mn | 7.31% |
| 4 | TechnipFMC | 25.25 Bn | 21.22 Bn | 728.70 Mn | 14.45% |
| 5 | Noble | 6.55 Bn | 4.63 Bn | 228.22 Mn | -16.06% |
| 6 | Nov | 6.31 Bn | 1.20 Bn | 439.00 Mn | 4.04% |
| 7 | Weatherford International | 6.04 Bn | 1.78 Bn | 374.00 Mn | 10.50% |
| 8 | Transocean | 5.85 Bn | 3.89 Bn | 348.00 Mn | 2.77% |
| 9 | Valaris | 5.52 Bn | 3.27 Bn | 176.30 Mn | 7.77% |
| 10 | Kodiak Gas Services | 4.21 Bn | 3.97 Bn | 246.76 Mn | 13.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -16.06% |
| Jun 30, 2026 | -5.10% |
| Mar 31, 2026 | 15.37% |
| Dec 31, 2025 | 11.33% |
| Sep 30, 2025 | -2.64% |
| Jun 30, 2025 | 5.05% |
| Mar 31, 2025 | 12.38% |
| Dec 31, 2024 | 10.42% |
| Sep 30, 2024 | 7.65% |
| Jun 30, 2024 | 28.15% |
| Mar 31, 2024 | 14.99% |
| Dec 31, 2023 | 23.28% |
| Sep 30, 2023 | 22.70% |
| Jun 30, 2023 | 10.31% |
| Mar 31, 2023 | 17.71% |
| Dec 31, 2022 | 21.68% |
| Sep 30, 2022 | 10.98% |
| Jun 30, 2022 | 13.47% |
| Mar 31, 2022 | -17.44% |
| Dec 31, 2021 | 59.29% |
API Access
Noble Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=NE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "NE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=NE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();