Noble (NE) Return on Assets [ROA] (2022 - 2026)
Noble (NE) recorded Return on Assets [ROA] of 0.75% in Q3 2026, down 2.22 percentage points from 2.96% a year earlier and down 1.29 percentage points from the prior quarter.
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Analysis
Noble (NE) Return on Assets [ROA] (2022 - 2026) Analysis & Trends
For FY2025, Noble reported Return on Assets [ROA] of 2.80%, down 3.86 percentage points from FY2024.
- Annual Return on Assets [ROA] has a three-year change of -1.83 percentage points (FY2022 to FY2025).
- Across earlier years, Return on Assets [ROA] came in at 6.66% in FY2024 (-2.32 pp), 8.97% in FY2023 (+4.35 pp) and 4.62% in FY2022.
- The Q3 2026 figure is the lowest quarterly Return on Assets [ROA] in data going back to Q4 2022.
- On a year-over-year basis, Return on Assets [ROA] has declined for nine consecutive quarters, with an average year-over-year change of -3.38 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Assets [ROA] in the last five years was a gain of 4.51 percentage points in Q4 2023, against a drop of 6.89 percentage points in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.03% (Q2 2026), 3.05% (Q1 2026) and 2.86% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.67 Bn | 71.28 Bn | 1.57 Bn | 5.65% |
| 2 | Baker Hughes | 47.44 Bn | 9.59 Bn | 1.96 Bn | 5.25% |
| 3 | Halliburton | 26.34 Bn | 18.29 Bn | 840.00 Mn | 7.75% |
| 4 | TechnipFMC | 25.18 Bn | 21.15 Bn | 728.70 Mn | 12.36% |
| 5 | Noble | 6.56 Bn | 4.64 Bn | 228.22 Mn | 0.75% |
| 6 | Nov | 6.31 Bn | 1.25 Bn | 439.00 Mn | 1.34% |
| 7 | Weatherford International | 6.11 Bn | 1.89 Bn | 374.00 Mn | 7.95% |
| 8 | Transocean | 5.79 Bn | 3.83 Bn | 348.00 Mn | 1.93% |
| 9 | Valaris | 5.48 Bn | 3.23 Bn | 176.30 Mn | 14.50% |
| 10 | Kodiak Gas Services | 4.28 Bn | 3.96 Bn | 259.04 Mn | 2.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.75% |
| Jun 30, 2026 | 2.03% |
| Mar 31, 2026 | 3.05% |
| Dec 31, 2025 | 2.86% |
| Sep 30, 2025 | 2.96% |
| Jun 30, 2025 | 3.97% |
| Mar 31, 2025 | 5.81% |
| Dec 31, 2024 | 5.60% |
| Sep 30, 2024 | 7.36% |
| Jun 30, 2024 | 10.86% |
| Mar 31, 2024 | 8.58% |
| Dec 31, 2023 | 8.94% |
| Sep 30, 2023 | 8.93% |
| Jun 30, 2023 | 6.67% |
| Mar 31, 2023 | 6.09% |
| Dec 31, 2022 | 4.43% |
API Access
Noble Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=NE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=NE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();