Noble Corp plc (NE)

Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. It provides contract drilling services through its fleet of mobile offshore drilling units. The company also operates drilling rigs, such as floaters and jackups. It serves its fleets in Africa, the Far East Asia, the North Sea, the Oceania, South America, and the United States Gulf of America. Noble Corporation plc was founded in 1921 and is headquartered in Houston, Texas.

Symbol
NE
Exchange
NYSE
Sector
Energy
Industry
Oil & Gas Drilling
Market cap
$7.19B
52 week range
26.69 - 54.98

Valuation

Share price
$44.62 (close of 2026-09-23)
P/E (TTM)
47.91x
Price to book
1.60x
Price to free cash flow
8.15x
Enterprise value
$8.62B
Book value per share
$28.09

Price performance

PeriodChange
1 day+0.95%
5 days-4.15%
1 month-3.57%
3 months+6.36%
6 months-6.79%
Year to date+58.00%
1 year+57.67%
3 years-12.08%
5 years+70.63%
All time+80.28%

Profitability and growth

Return on equity
4.76%
Return on invested capital
5.93%
Return on assets
2.88%
Return on capital employed
6.14%
Gross margin
16.70%
Net margin
6.60%
EBITDA margin
12.65%
Revenue growth
7.45%
Net income growth
-51.66%
Free cash flow growth
45.19%

Cash flow and balance sheet

Free cash flow yield (TTM)
12.26%
Current ratio
1.91x
Net debt to EBITDA
1.54x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$3.29B
Cost of revenue
$2.74B
Gross profit
$548.70M
EBITDA
$415.55M
Net income
$216.72M
Earnings per share
$1.36
Shares outstanding
158.87M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$3.29B$548.70M$216.72M$1.36
2024-12-31$3.06B$744.48M$448.35M$3.01
2023-12-31$2.59B$703.12M$481.90M$3.48
2022-12-31$1.41B$310.95M$168.95M$1.99
2020-12-31$964.27M-$-3.98B$-15.86

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3116.70%6.60%4.76%5.93%
2024-12-3124.35%14.66%9.64%8.77%
2023-12-3127.16%18.61%12.29%13.13%
2022-12-3121.99%11.95%4.68%5.42%
2020-12-31--412.59%1277.65%-

Cash and debt by year

Period endCashDebt
2025-12-31$471.40M$1.98B
2024-12-31$247.30M$1.98B
2023-12-31$360.79M$586.20M
2022-12-31$476.21M$513.05M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$951.68M$30.51M
2024-12-31$655.48M$43.80M
2023-12-31$574.34M$37.68M
2022-12-31$280.99M$35.25M
2020-12-31$273.20M$9.17M

Dividend history

Most recent payment
2026-09-03
Paid in the last twelve months
$2.00
Payment dateDividend per share
2026-09-03$0.50
2026-06-04$0.50
2026-03-04$0.50
2025-12-04$0.50
2025-09-04$0.50
2025-06-05$0.50
2025-03-05$0.50
2024-12-05$0.50

Investor relations

Next earnings report

Next confirmed report
2026-10-26
Consensus EPS estimate
$0.09

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-27Jun/2026$0.13
2026-02-11--
2025-10-27--
2025-08-05--
2025-04-28--
2025-02-17--
2024-11-05--
2024-07-31--

Filings and sources

Company website
noblecorp.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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