Noble (NE) Return on Equity [ROE] (2022 - 2026)
Noble (NE) recorded Return on Equity [ROE] of 3.30% in Q2 2026, down 3.36 percentage points from 6.66% a year earlier and down 1.72 percentage points from the prior quarter.
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Analysis
Noble (NE) Return on Equity [ROE] (2022 - 2026) Analysis & Trends
For FY2025, Noble reported Return on Equity [ROE] of 4.71%, down 5.75 percentage points from FY2024.
- Annual Return on Equity [ROE] has a four-year change of -12.44 percentage points (FY2021 to FY2025).
- Across earlier years, Return on Equity [ROE] came in at 10.46% in FY2024 (-2.34 pp), 12.80% in FY2023 (+6.19 pp), 6.62% in FY2022 (-10.54 pp) and 17.15% in FY2021.
- The Q2 2026 figure is the lowest quarterly Return on Equity [ROE] in data going back to Q2 2022.
- On a year-over-year basis, Return on Equity [ROE] has declined for eight consecutive quarters, with an average year-over-year change of -4.24 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 5.93 percentage points in Q2 2024, against a drop of 8.50 percentage points in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 5.02% (Q1 2026), 4.77% (Q4 2025) and 4.95% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 11.54% |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 15.79% |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 35.41% |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 14.73% |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 1.58% |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 3.30% |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | -20.01% |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 21.25% |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 29.24% |
| 10 | Kodiak Gas Services | 5.35 Bn | 5.11 Bn | 246.76 Mn | 4.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.30% |
| Mar 31, 2026 | 5.02% |
| Dec 31, 2025 | 4.77% |
| Sep 30, 2025 | 4.95% |
| Jun 30, 2025 | 6.66% |
| Mar 31, 2025 | 9.91% |
| Dec 31, 2024 | 9.60% |
| Sep 30, 2024 | 11.57% |
| Jun 30, 2024 | 15.16% |
| Mar 31, 2024 | 11.98% |
| Dec 31, 2023 | 12.43% |
| Sep 30, 2023 | 12.37% |
| Jun 30, 2023 | 9.23% |
| Mar 31, 2023 | 8.58% |
| Dec 31, 2022 | 6.55% |
| Sep 30, 2022 | 10.30% |
| Jun 30, 2022 | 6.74% |
API Access
Noble Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=NE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=NE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();