NYSE : NE
Noble Corporation plc — Financial statements
Energy · Oil & Gas Drilling · United States
Last price 49 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 7.82B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Noble Corporation plc (NE) reported revenue of 2.81B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 2.81B | 3.11B | 2.92B | 2.46B | 1.33B | 782.18M |
| Cost of Revenue | 1.85B | 1.95B | 1.69B | 1.45B | 897.10M | 686.41M |
| Gross Profit | 959.26M | 1.16B | 1.23B | 1.01B | 435.75M | 95.78M |
| Selling, General & Admin | 113.94M | 133.15M | 140.50M | 128.41M | 82.18M | 68.20M |
| Other Operating Expenses | -45.67M | -41.97M | -33.57M | -35.66M | -16.58M | -7.05M |
| Operating Expenses | 636.62M | 676.64M | 535.55M | 394.10M | 212.48M | 171.31M |
| Operating Income | 322.65M | 479.41M | 696.05M | 615.34M | 223.27M | -75.53M |
| Interest Expense | -153.20M | -162.40M | -94.21M | -59.14M | -42.72M | -31.96M |
| Interest & Investment Income | 14.58M | 11.55M | 14.37M | 11.34M | ||
| Other Non Operating Income (Expenses) | 891.00K | 8.40M | -17.44M | 18.07M | ||
| EBT Excluding Unusual Items | 184.92M | 336.96M | 584.40M | 574.27M | 194.91M | -96.15M |
| Merger & Restructuring Charges | -6.63M | -26.38M | -109.42M | -60.34M | -84.67M | -24.79M |
| Gain (Loss) on Sale of Assets | 91.04M | 9.59M | 17.36M | 90.23M | 185.93M | |
| Asset Writedown | -64.23M | -82.66M | ||||
| Other Unusual Items | -17.60M | -21.39M | -8.97M | 291.01M | ||
| Pretax Income | 203.09M | 273.10M | 492.33M | 512.24M | 191.50M | 356.00M |
| Income Tax Expense | 149.44M | 56.38M | 43.98M | 30.34M | 22.55M | 3.79M |
| Earnings From Continuing Operations | 53.65M | 216.72M | 448.35M | 481.90M | 168.95M | 352.21M |
| Net Income to Company | 53.65M | 216.72M | 448.35M | 481.90M | 168.95M | 352.21M |
| Net Income | 53.65M | 216.72M | 448.35M | 481.90M | 168.95M | 352.21M |
| Net Income to Common | 53.65M | 216.72M | 448.35M | 481.90M | 168.95M | 352.21M |
| Shares Outstanding (Basic) | 159.32M | 158.87M | 148.73M | 138.38M | 85.06M | 81.72M |
| Shares Outstanding (Diluted) | 159.32M | 160.20M | 151.64M | 145.20M | 97.61M | 86.26M |
| EPS (Basic) | 0.34 | 1.36 | 3.01 | 3.48 | 1.99 | 4.31 |
| EPS (Diluted) | 0.34 | 1.35 | 2.96 | 3.32 | 1.73 | 4.08 |
| Free Cash Flow | 96.93M | 432.15M | 80.16M | 164.76M | 106.67M | -162.87M |
| Free Cash Flow Per Share | 0.61 | 2.70 | 0.53 | 1.14 | 1.09 | -1.89 |
| Dividend Per Share | 2.00 | 2.00 | 1.80 | 0.70 | ||
| Gross Margin | 34.13% | 37.21% | 42.20% | 41.01% | 32.69% | 12.25% |
| Operating Margin | 11.48% | 15.43% | 23.85% | 25.00% | 16.75% | -9.66% |
| Profit Margin | 1.91% | 6.98% | 15.36% | 19.58% | 12.68% | 45.03% |
| Free Cash Flow Margin | 3.45% | 13.91% | 2.75% | 6.69% | 8.00% | -20.82% |
| EBITDA | 890.99M | 1.06B | 1.06B | 809.91M | 364.80M | 86.17M |
| EBITDA Margin | 31.70% | 34.00% | 36.48% | 32.90% | 27.37% | 11.02% |
| D&A For EBITDA | 568.34M | 577.10M | 368.59M | 194.57M | 141.53M | 161.70M |
| EBIT | 322.65M | 479.41M | 696.05M | 615.34M | 223.27M | -75.53M |
| EBIT Margin | 11.48% | 15.43% | 23.85% | 25.00% | 16.75% | -9.66% |
| Effective Tax Rate | 73.58% | 20.65% | 8.93% | 5.92% | 11.78% | 1.06% |
| Revenue as Reported | 3.00B | 3.29B | 3.06B | 2.59B | 1.41B | 847.81M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 337.19M | 471.40M | 247.30M | 360.79M | 476.21M | 194.14M |
| Cash & Short-Term Investments | 337.19M | 471.40M | 247.30M | 360.79M | 476.21M | 194.14M |
| Accounts Receivable | 623.26M | 619.12M | 823.01M | 553.05M | 479.97M | 206.16M |
| Other Receivables | 42.27M | 78.83M | 56.39M | 39.84M | 34.09M | 16.06M |
| Receivables | 665.54M | 697.95M | 879.40M | 592.90M | 514.06M | 222.23M |
| Prepaid Expenses | 260.27M | 94.33M | 257.16M | 101.06M | 52.03M | 36.68M |
| Restricted Cash | 200.00K | 8.60M | 5.00M | 7.00M | 9.50M | 2.60M |
| Total Current Assets | 1.26B | 1.27B | 1.39B | 1.06B | 1.05B | 455.65M |
| Property, Plant & Equipment | 5.54B | 5.56B | 6.15B | 4.15B | 4.02B | 1.50B |
| Goodwill | 26.02M | |||||
| Other Intangible Assets | 10.13M | 34.37M | 61.85M | |||
| Long-Term Accounts Receivable | 15.43M | 1.11M | 11.04M | 208.00K | 368.00K | |
| Other Long-Term Assets | 343.58M | 693.82M | 415.71M | 286.49M | 106.47M | 60.18M |
| Total Assets | 7.16B | 7.53B | 7.96B | 5.51B | 5.23B | 2.07B |
| Accounts Payable | 369.29M | 298.75M | 397.62M | 395.17M | 290.69M | 120.39M |
| Accrued Expenses | 115.74M | 117.65M | 153.01M | 108.09M | 85.90M | 73.00M |
| Current Portion of Long-Term Debt | 159.72M | |||||
| Current Portion of Leases | 18.93M | 107.29M | 37.57M | 10.58M | 23.83M | 3.92M |
| Current Income Taxes Payable | 77.34M | 83.26M | 78.90M | 56.42M | 56.99M | 28.73M |
| Current Unearned Revenue | 46.92M | 64.40M | 61.51M | 19.68M | 40.21M | 18.40M |
| Other Current Liabilities | 88.54M | 88.39M | 211.76M | 51.75M | 9.76M | 3.94M |
| Total Current Liabilities | 716.75M | 759.73M | 940.36M | 641.68M | 667.10M | 248.39M |
| Long-Term Debt | 1.89B | 1.98B | 1.98B | 586.20M | 513.05M | 216.00M |
| Long-Term Leases | 51.95M | 77.25M | 15.08M | 23.85M | 13.17M | |
| Long-Term Unearned Revenue | 49.78M | 32.72M | 49.02M | 74.26M | 201.47M | 9.35M |
| Pension & Post-Retirement Benefits | 2.94M | 2.93M | 6.49M | 5.22M | 17.61M | |
| Long-Term Deferred Tax Liabilities | 6.53M | 5.40M | 9.20M | 11.42M | 9.34M | 13.20M |
| Other Long-Term Liabilities | 208.16M | 152.38M | 254.43M | 251.07M | 207.76M | 55.10M |
| Total Liabilities | 2.87B | 2.98B | 3.31B | 1.59B | 1.63B | 572.82M |
| Common Stock | 1.00K | 1.00K | 1.00K | 1.00K | 1.00K | 1.00K |
| Additional Paid-In Capital | 4.27B | 4.26B | 4.24B | 3.38B | 3.35B | 1.39B |
| Retained Earnings | 9.60M | 286.63M | 411.24M | 541.16M | 255.93M | 101.98M |
| Comprehensive Income & Other | 5.50M | 5.16M | 3.97M | 3.03M | 3.65M | 5.39M |
| Total Common Equity | 4.29B | 4.55B | 4.65B | 3.92B | 3.61B | 1.50B |
| Shareholders' Equity | 4.29B | 4.55B | 4.65B | 3.92B | 3.61B | 1.50B |
| Total Liabilities & Equity | 7.16B | 7.53B | 7.96B | 5.51B | 5.23B | 2.07B |
| Total Debt | 1.91B | 2.14B | 2.10B | 611.87M | 720.45M | 233.09M |
| Net Cash (Debt) | -1.57B | -1.66B | -1.85B | -251.07M | -244.25M | -38.95M |
| Net Cash Per Share | -9.86 | -10.38 | -12.18 | -1.73 | -2.50 | -0.45 |
| Filing Date Shares Outstanding | 159.66M | 159.20M | 159.19M | 142.77M | 134.82M | 61.86M |
| Total Common Shares Outstanding | 159.66M | 158.85M | 158.95M | 140.77M | 134.68M | 60.17M |
| Working Capital | 546.45M | 512.55M | 448.50M | 420.07M | 384.69M | 207.25M |
| Book Value Per Share | 26.86 | 28.64 | 29.26 | 27.85 | 26.78 | 24.94 |
| Tangible Book Value | 4.29B | 4.55B | 4.65B | 3.91B | 3.55B | 1.44B |
| Tangible Book Value Per Share | 26.86 | 28.64 | 29.26 | 27.78 | 26.33 | 23.91 |
| Machinery | 6.66B | 6.33B | 6.65B | 4.34B | 4.00B | 1.47B |
| Construction In Progress | 403.17M | 215.64M | 197.79M | 210.76M | 123.91M | 77.36M |
| Order Backlog | 7.02B |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 53.65M | 216.72M | 448.35M | 481.90M | 168.95M | 352.21M |
| Depreciation & Amortization | 568.34M | 577.10M | 368.59M | 194.57M | 141.53M | 161.70M |
| Loss (Gain) From Sale of Assets | -91.04M | -9.59M | -17.36M | -90.23M | -185.93M | |
| Asset Writedown & Restructuring Costs | 64.23M | 82.66M | -280.79M | |||
| Stock-Based Compensation | 30.15M | 30.51M | 43.80M | 37.68M | 35.25M | 17.22M |
| Other Operating Activities | 299.03M | 42.50M | -56.61M | -84.74M | -17.04M | -103.68M |
| Change in Accounts Receivable | 66.31M | 207.36M | -54.92M | -80.04M | -18.13M | -35.10M |
| Change in Accounts Payable | 32.60M | -80.49M | -32.44M | 59.76M | 20.43M | -5.39M |
| Change in Income Taxes | -10.11M | -22.70M | -15.26M | -7.37M | 23.34M | 26.06M |
| Change in Other Net Operating Assets | -264.12M | -92.41M | -28.68M | -27.42M | 16.89M | 59.87M |
| Operating Cash Flow | 749.04M | 951.68M | 655.48M | 574.34M | 280.99M | 6.17M |
| Capital Expenditures | -652.11M | -519.52M | -575.32M | -409.58M | -174.32M | -169.04M |
| Sale of Property, Plant & Equipment | 261.30M | 147.20M | 10.04M | 24.26M | 381.03M | 307.52M |
| Cash Acquisitions | -417.04M | 166.61M | 54.97M | |||
| Other Investing Activities | 1.64M | 22.25M | 23.30M | 18.81M | 2.46M | |
| Investing Cash Flow | -389.17M | -350.07M | -959.02M | -366.51M | 375.77M | 193.45M |
| Short-Term Debt Issued | 35.00M | 220.00M | ||||
| Long-Term Debt Issued | 824.00M | 600.00M | 350.00M | 417.50M | ||
| Total Debt Issued | 800.00M | 859.00M | 600.00M | 570.00M | 417.50M | |
| Short-Term Debt Repaid | -35.00M | -220.00M | ||||
| Long-Term Debt Repaid | -23.94M | -6.06M | -673.41M | -627.32M | -762.50M | |
| Total Debt Repaid | -919.03M | -23.94M | -41.06M | -673.41M | -847.32M | -762.50M |
| Net Debt Issued (Repaid) | -119.03M | -23.94M | 817.94M | -73.41M | -277.32M | -345.00M |
| Issuance of Common Stock | 3.27M | 44.00K | 1.44M | 485.00K | 1.00M | 730.00K |
| Repurchase of Common Stock | -9.87M | -29.67M | -366.05M | -103.45M | -20.89M | -1.00K |
| Common Dividends Paid | -323.02M | -320.37M | -277.83M | -98.80M | ||
| Other Financing Activities | -58.37M | 12.58M | -50.61M | -70.56M | -23.66M | |
| Financing Cash Flow | -507.02M | -373.93M | 188.08M | -325.79M | -367.77M | -367.94M |
| Net Cash Flow | -147.15M | 227.68M | -115.47M | -117.96M | 288.99M | -168.32M |
| Free Cash Flow | 96.93M | 432.15M | 80.16M | 164.76M | 106.67M | -162.87M |
| Free Cash Flow Margin | 3.45% | 13.91% | 2.75% | 6.69% | 8.00% | -20.82% |
| Free Cash Flow Per Share | 0.61 | 2.70 | 0.53 | 1.14 | 1.09 | -1.89 |
| Levered Free Cash Flow | -68.66M | 376.55M | 44.32M | 192.47M | 40.30M | -31.80M |
| Unlevered Free Cash Flow | 27.09M | 478.05M | 103.20M | 229.43M | 67.01M | -11.82M |
| Cash Interest Paid | 162.24M | 162.24M | 106.84M | 52.36M | 35.54M | 21.15M |
| Cash Income Tax Paid | 121.13M | 121.13M | 108.66M | 105.45M | 58.39M | -3.73M |
| Change in Working Capital | -175.32M | 11.76M | -131.30M | -55.08M | 42.53M | 45.44M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 7.82B | 4.49B | 5.04B | 6.78B | 4.93B | 1.49B |
| Enterprise Value | 9.39B | 5.98B | 6.75B | 7.12B | 4.95B | 1.79B |
| Last Close Price | 49.00 | 27.34 | 28.25 | 41.29 | 31.87 | 20.97 |
| PE Ratio | 146.17 | 20.70 | 11.23 | 14.07 | 29.20 | 4.24 |
| Forward PE | 50.09 | 30.48 | 12.37 | 13.61 | 16.52 | 19.46 |
| PS Ratio | 2.78 | 1.44 | 1.73 | 2.75 | 3.70 | 1.91 |
| PB Ratio | 1.82 | 0.99 | 1.08 | 1.73 | 1.37 | 0.99 |
| P/TBV Ratio | 1.82 | 0.99 | 1.08 | 1.73 | 1.39 | 1.04 |
| P/FCF Ratio | 80.71 | 10.38 | 62.83 | 41.15 | 46.26 | |
| P/OCF Ratio | 10.44 | 4.71 | 7.68 | 11.80 | 17.56 | 242.03 |
| EV/Sales Ratio | 3.34 | 1.93 | 2.31 | 2.89 | 3.71 | 2.28 |
| EV/EBITDA Ratio | 10.54 | 5.67 | 6.34 | 8.79 | 13.56 | 20.73 |
| EV/EBIT Ratio | 29.11 | 12.48 | 9.70 | 11.57 | 22.15 | |
| EV/FCF Ratio | 96.91 | 13.85 | 84.25 | 43.22 | 46.37 | |
| Debt / Equity Ratio | 0.45 | 0.47 | 0.45 | 0.16 | 0.20 | 0.15 |
| Debt / EBITDA Ratio | 2.01 | 1.92 | 1.90 | 0.74 | 1.91 | 2.52 |
| Debt / FCF Ratio | 19.68 | 4.94 | 26.14 | 3.71 | 6.75 | |
| Net Debt / Equity Ratio | 0.37 | 0.37 | 0.40 | 0.06 | 0.07 | 0.03 |
| Net Debt / EBITDA Ratio | 1.76 | 1.57 | 1.74 | 0.31 | 0.67 | 0.45 |
| Net Debt / FCF Ratio | 16.20 | 3.85 | 23.05 | 1.52 | 2.29 | -0.24 |
| Asset Turnover | 0.38 | 0.40 | 0.43 | 0.46 | 0.36 | 0.25 |
| Quick Ratio | 1.40 | 1.54 | 1.20 | 1.49 | 1.48 | 1.68 |
| Current Ratio | 1.76 | 1.68 | 1.48 | 1.66 | 1.58 | 1.83 |
| Return on Equity (ROE) | 1.22% | 4.71% | 10.46% | 12.80% | 6.62% | 59.23% |
| Return on Assets (ROA) | 2.73% | 3.87% | 6.46% | 7.16% | 3.82% | -1.49% |
| Return on Invested Capital (ROIC) | 1.44% | 5.99% | 11.88% | 14.43% | 7.31% | -2.68% |
| Return on Capital Employed (ROCE) | 5.00% | 7.10% | 9.90% | 12.60% | 4.90% | -4.10% |
| Earnings Yield | 0.68% | 4.83% | 8.90% | 7.11% | 3.42% | 23.59% |
| FCF Yield | 1.24% | 9.63% | 1.59% | 2.43% | 2.16% | -10.91% |
| Dividend Yield | 4.08% | 7.08% | 5.68% | 1.45% | ||
| Payout Ratio | 596.59% | 147.83% | 61.97% | 20.50% | ||
| Buyback Yield / Dilution | 1.49% | -5.65% | -4.44% | -48.76% | -13.15% | 65.60% |
| Total Shareholder Return | 5.58% | 1.44% | 1.24% | -47.30% | -13.15% | 65.60% |