Noble (NE) Net Margin (2021 - 2026)
Noble posted quarterly Net Margin of 15.37% for Q1 2026, up 298.0% year-on-year from 3.86% in Q1 2025, and up 35.57% on a QoQ basis from 11.33% in Q4 2025.
Noble (NE) has 6 years of Net Margin data on file, last reported at 15.37% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 298.0% year-over-year to 15.37%; the trailing twelve-month figure through Mar 2026 stood at 7.17% (down 683.0% YoY), and the FY2025 full-year result was 6.6%, down 807.0% from the prior year.
- Net Margin for Q1 2026 stood at 15.37%, up from 11.33% in the prior quarter.
- Across five years, Net Margin topped out at 28.15% in Q2 2024 and bottomed at 17.44% in Q1 2022.
- The 5-year median for Net Margin is 12.38% (2025), against an average of 12.08%.
- The widest annual swing landed in 2022, when Net Margin slumped 3762 bps; it then jumped 3515 bps in 2023.
- A 5-year view of Net Margin shows it stood at 21.68% in 2022, then advanced by 7 bps to 23.28% in 2023, then sank by 55 bps to 10.42% in 2024, then climbed by 9 bps to 11.33% in 2025, then soared by 36 bps to 15.37% in 2026.
- The last three Net Margin figures came in at 15.37% (Q1 2026), 11.33% (Q4 2025), and 2.64% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 3.30% |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 15.37% |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 6.57% |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -2.19% |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | -5.99% |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | -1.96% |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | -15,501.65% |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 1.19% |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 9.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | -9.45% |