Noble (NE) Other Working Capital Changes (2021 - 2026)
Noble posted quarterly Other Working Capital Changes of $3.4 million for Q1 2026, up 130.83% year-on-year from $1.5 million in Q1 2025, and up 30.56% on a QoQ basis from $2.6 million in Q4 2025.
Noble (NE) has 6 years of Other Working Capital Changes data on file, last reported at $3.4 million in Q1 2026.
- For the quarter ending Q1 2026, Other Working Capital Changes rose 130.83% year-over-year to $3.4 million; the trailing twelve-month figure through Mar 2026 stood at $12.5 million (down 89.23% YoY), and the FY2025 full-year result was -$1.9 million, down 101.44% from the prior year.
- Other Working Capital Changes for Q1 2026 stood at $3.4 million, up from $2.6 million in the prior quarter.
- Across five years, Other Working Capital Changes topped out at $166.4 million in Q1 2023 and bottomed at -$161.0 million in Q2 2023.
- The 5-year median for Other Working Capital Changes is $1.8 million (2023), against an average of $9.9 million.
- The widest annual swing landed in 2023, when Other Working Capital Changes soared 422.08%; it then slumped 350.03% in 2025.
- A 5-year view of Other Working Capital Changes shows it stood at -$14.8 million in 2022, then jumped by 422.08% to $47.8 million in 2023, then soared by 195.76% to $141.5 million in 2024, then tumbled by 98.17% to $2.6 million in 2025, then jumped by 30.56% to $3.4 million in 2026.
- The last three Other Working Capital Changes figures came in at $3.4 million (Q1 2026), $2.6 million (Q4 2025), and $5.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 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 |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 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 | 3.39 Mn |
| Mar 31, 2026 | 3.39 Mn |
| Dec 31, 2025 | 2.60 Mn |
| Dec 31, 2025 | 2.60 Mn |
| Sep 30, 2025 | 5.63 Mn |
| Sep 30, 2025 | 5.63 Mn |
| Jun 30, 2025 | 864,000.00 |
| Jun 30, 2025 | 864,000.00 |
| Mar 31, 2025 | -10.99 Mn |
| Mar 31, 2025 | -10.99 Mn |
| Dec 31, 2024 | 141.46 Mn |
| Dec 31, 2024 | 141.46 Mn |
| Sep 30, 2024 | -4.39 Mn |
| Sep 30, 2024 | -4.39 Mn |
| Jun 30, 2024 | -10.16 Mn |
| Jun 30, 2024 | -10.16 Mn |
| Mar 31, 2024 | 4.40 Mn |
| Mar 31, 2024 | 4.40 Mn |
| Dec 31, 2023 | 47.83 Mn |
| Dec 31, 2023 | 47.83 Mn |
| Sep 30, 2023 | 1.84 Mn |
| Sep 30, 2023 | 1.84 Mn |
| Jun 30, 2023 | -161.01 Mn |
| Jun 30, 2023 | -161.01 Mn |
| Mar 31, 2023 | 166.42 Mn |
| Mar 31, 2023 | 166.42 Mn |
| Dec 31, 2022 | -14.85 Mn |
| Dec 31, 2022 | -14.85 Mn |
| Sep 30, 2022 | -970,000.00 |
| Sep 30, 2022 | -970,000.00 |
| Jun 30, 2022 | -49.10 Mn |
| Jun 30, 2022 | -49.10 Mn |
| Mar 31, 2022 | 45.74 Mn |
| Mar 31, 2022 | 45.74 Mn |
| Dec 31, 2021 | -9.03 Mn |
| Dec 31, 2021 | -9.03 Mn |