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Growth Metrics

Noble (NE) Shares Outstanding (Diluted Average) (2021 - 2025)

Noble posted quarterly Shares Outstanding (Diluted Average) of $160.2 million for Q4 2025, up 5.65% year-on-year from $151.6 million in Q4 2024, and up 5.65% on a QoQ basis from $151.6 million in Q4 2024.

Noble (NE) has 5 years of Shares Outstanding (Diluted Average) data on file, last reported at $160.2 million in Q4 2025.

  • For the quarter ending Q4 2025, Shares Outstanding (Diluted Average) rose 5.65% year-over-year to $160.2 million; the trailing twelve-month figure through Dec 2025 stood at $160.2 million (up 5.65% YoY), and the FY2025 full-year result was $160.2 million, up 5.65% from the prior year.
  • Shares Outstanding (Diluted Average) for Q4 2025 stood at $160.2 million, up from $151.6 million in the prior quarter.
  • Across five years, Shares Outstanding (Diluted Average) topped out at $160.2 million in Q4 2025 and bottomed at $67.6 million in Q4 2021.
  • The 5-year median for Shares Outstanding (Diluted Average) is $145.2 million (2023), against an average of $124.5 million.
  • The widest annual swing landed in 2023, when Shares Outstanding (Diluted Average) surged 48.76%; it then advanced 4.44% in 2024.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $67.6 million in 2021, then soared by 44.33% to $97.6 million in 2022, then soared by 48.76% to $145.2 million in 2023, then advanced by 4.44% to $151.6 million in 2024, then grew by 5.65% to $160.2 million in 2025.
  • The last three Shares Outstanding (Diluted Average) figures came in at $160.2 million (Q4 2025), $151.6 million (Q4 2024), and $145.2 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (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 379.59 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn 99.71 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn -
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn 143.67 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn -
9 Borr Drilling 1.48 Bn 1.10 Bn - 264.55 Mn

Historic Data

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DateValue
Dec 31, 2025 160.20 Mn
Dec 31, 2024 151.64 Mn
Dec 31, 2023 145.20 Mn
Dec 31, 2022 97.61 Mn
Dec 31, 2021 67.63 Mn