Noble (NE) Tax Rate (2021 - 2026)
Noble's Tax Rate came in at -79.89% for Q2 2026, down 137.00 percentage points from 57.11% a year earlier and down 117.55 percentage points from the prior quarter.
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Analysis
Noble (NE) Tax Rate (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Noble reported Tax Rate of 24.34%, down 9.34 percentage points year-over-year; for FY2025, it was 20.65%, up 11.71 percentage points from FY2024.
- Tax Rate carries a five-year change of +14.50 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 8.93% in FY2024 (+3.01 pp), 5.92% in FY2023 (-5.85 pp), 11.78% in FY2022 (+11.42 pp) and 0.36% in FY2021 (-5.79 pp).
- The five-year range for quarterly Tax Rate is -528.31% (Q4 2025) to 298.34% (Q3 2025).
- Year-over-year, Tax Rate increased in six of the last eight quarters, with an average year-over-year change of -34.84 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q3 2025 (a gain of 264.28 percentage points), and the weakest in Q4 2025 (a drop of 550.65 percentage points).
- Business Quant data shows NE's Tax Rate at 37.67% (Q1 2026), -528.31% (Q4 2025) and 298.34% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.03 Bn | 71.14 Bn | 1.40 Bn | 20.02% |
| 2 | Baker Hughes | 55.51 Bn | 18.79 Bn | 1.58 Bn | 23.54% |
| 3 | TechnipFMC | 27.04 Bn | 23.19 Bn | 684.70 Mn | 23.96% |
| 4 | Halliburton | 26.27 Bn | 18.03 Bn | 804.00 Mn | 18.98% |
| 5 | Nov | 6.79 Bn | 1.58 Bn | 521.00 Mn | 26.11% |
| 6 | Noble | 6.70 Bn | 4.63 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.82 Bn | 3.53 Bn | 358.00 Mn | 7.61% |
| 8 | Weatherford International | 5.77 Bn | 1.71 Bn | 333.00 Mn | 44.00% |
| 9 | Valaris | 5.44 Bn | 3.05 Bn | 123.70 Mn | 41.69% |
| 10 | Kodiak Gas Services | 5.22 Bn | 4.99 Bn | 246.76 Mn | 28.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 37.67% |
| Sep 30, 2025 | 298.34% |
| Jun 30, 2025 | 57.11% |
| Mar 31, 2025 | 27.17% |
| Dec 31, 2024 | 22.35% |
| Sep 30, 2024 | 34.05% |
| Sep 30, 2023 | 24.60% |
| Dec 31, 2022 | 7.40% |
| Sep 30, 2022 | 28.02% |
| Jun 30, 2022 | 9.54% |
| Dec 31, 2021 | 5.36% |
API Access
Noble Tax Rate 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=tax-rate&ticker=NE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=NE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();