Noble (NE) Total Debt (2021 - 2026)
Noble (NE) reported Total Debt of $1.9 billion for Q1 2026, down 3.11% on a YoY basis from $2.0 billion in Q1 2025, and down 2.96% quarter-over-quarter from $2.0 billion in Q4 2025.
Noble (NE) Total Debt (2021 - 2026) Analysis & Trends
Noble has reported Total Debt for 6 years, with the latest figure at $1.9 billion in Q1 2026.
- For the quarter ending Q1 2026, Total Debt fell 3.11% year-over-year to $1.9 billion; the trailing twelve-month figure through Mar 2026 stood at $1.9 billion (down 3.11% YoY), and the FY2025 full-year result was $2.0 billion, changed 0.22% from the prior year.
- Total Debt for Q1 2026 stood at $1.9 billion, down from $2.0 billion in the prior quarter.
- The five-year high for Total Debt was $2.0 billion in Q3 2024, with the low at $434.4 million in Q3 2022.
- Historically, Total Debt has averaged $1.2 billion across 5 years, with a median of $672.8 million in 2022.
- Annual changes were most pronounced in 2023 — Total Debt decreased 12.87% — and 2024, when it surged 238.22%.
- Noble's Total Debt stood at $672.8 million in 2022, then decreased by 12.87% to $586.2 million in 2023, then surged by 237.8% to $2.0 billion in 2024, then decreased by 0.22% to $2.0 billion in 2025, then declined by 2.96% to $1.9 billion in 2026.
- The last three Total Debt figures came in at $1.9 billion (Q1 2026), $2.0 billion (Q4 2025), and $2.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 484.09 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 1.92 Bn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 5.27 Bn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 1.22 Bn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 2.00 Bn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 614.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 956.30 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 2.12 Bn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 2.30 Bn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 1.09 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.92 Bn |
| Dec 31, 2025 | 1.98 Bn |
| Sep 30, 2025 | 1.98 Bn |
| Jun 30, 2025 | 1.98 Bn |
| Mar 31, 2025 | 1.98 Bn |
| Dec 31, 2024 | 1.98 Bn |
| Sep 30, 2024 | 1.98 Bn |
| Jun 30, 2024 | 622.05 Mn |
| Mar 31, 2024 | 586.62 Mn |
| Dec 31, 2023 | 586.20 Mn |
| Sep 30, 2023 | 585.79 Mn |
| Jun 30, 2023 | 585.39 Mn |
| Mar 31, 2023 | 520.65 Mn |
| Dec 31, 2022 | 672.77 Mn |
| Sep 30, 2022 | 434.37 Mn |
| Dec 31, 2021 | 216.00 Mn |