Noble Corporation Plc (NE) Financial Ratios
24 years of historical data (2002–2025) · Energy · Oil & Gas Drilling
EV/EBITDA
↓
7.50
↓-80% vs avg
5yr avg: 36.78
30Y Low5.5·High20.8
P/FCF
↓
15.63
↓-66% vs avg
5yr avg: 45.68
30Y Low10.5·High70.4
P/B Ratio
↓
1.49
↓-19% vs avg
5yr avg: 1.84
30Y Low1.0·High3.3
ROE
↓
4.7%
↑-75% vs avg
5yr avg: 18.8%
30Y Low-238%·High59%
Debt/EBITDA
↓
1.80
↓-30% vs avg
5yr avg: 2.57
30Y Low0.0·High11.3
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
NE Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Noble Corporation Plc trades at 31.4x earnings, 92% above its 5-year average of 16.4x, sitting at the 100th percentile of its historical range. Compared to the Energy sector median P/E of 15.6x, the stock trades at a premium of 101%. On a free-cash-flow basis, the stock trades at 15.6x P/FCF, 66% below the 5-year average of 45.7x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $6.8B | $4.5B | $4.8B | $7.0B | $7.5B | $4.9B | — | — | — | — | — |
| Enterprise Value | $8.3B | $6.0B | $6.6B | $7.2B | $7.7B | $5.0B | — | — | — | — | — |
| P/E Ratio → | 31.37 | 20.92 | 10.61 | 14.51 | 21.80 | 14.02 | — | — | — | — | — |
| P/S Ratio | 2.06 | 1.38 | 1.56 | 2.70 | 5.31 | 5.83 | — | — | — | — | — |
| P/B Ratio | 1.49 | 0.99 | 1.02 | 1.78 | 2.08 | 3.29 | — | — | — | — | — |
| P/FCF | 15.63 | 10.47 | 59.40 | 42.44 | 70.42 | — | — | — | — | — | — |
| P/OCF | 7.10 | 4.75 | 7.26 | 12.18 | 26.73 | 801.16 | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
NE EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Noble Corporation Plc's enterprise value stands at 7.5x EBITDA, 80% below its 5-year average of 36.8x. This is roughly in line with the Energy sector median of 7.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.83 | 2.16 | 2.80 | 5.45 | 5.87 | — | — | — | — | — |
| EV / EBITDA | 7.50 | 5.48 | 5.87 | 7.90 | 20.82 | 143.83 | — | — | — | — | — |
| EV / EBIT | 16.03 | 11.71 | 9.48 | 11.77 | 34.52 | — | — | — | — | — | — |
| EV / FCF | — | 13.95 | 82.31 | 43.97 | 72.26 | — | — | — | — | — | — |
NE Profitability
Margins and return-on-capital ratios measuring operating efficiency
Noble Corporation Plc earns an operating margin of 15.7%, roughly in line with the Energy sector average. Operating margins have compressed from 23.8% to 15.7% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 4.7% is modest, trailing the sector median of 7.2%. ROIC of 6.2% represents adequate returns on invested capital versus a sector median of 6.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 19.7% | 19.7% | 27.4% | 28.7% | 21.6% | -0.9% | -2.6% | 9.0% | -6.5% | 3.5% | 42.4% |
| Operating Margin | 15.7% | 15.7% | 22.8% | 23.8% | 15.8% | -8.9% | -15.2% | 3.7% | -13.3% | -2.2% | 39.8% |
| Net Profit Margin | 6.6% | 6.6% | 14.7% | 18.6% | 11.9% | 41.5% | -412.6% | -53.7% | -81.7% | -41.3% | -34.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.7% | 4.7% | 10.5% | 12.8% | 6.6% | 59.2% | -237.7% | -16.9% | -16.7% | -8.3% | -13.4% |
| ROA | 2.8% | 2.8% | 6.7% | 9.0% | 4.6% | 11.1% | -63.4% | -8.0% | -8.8% | -4.6% | -7.6% |
| ROIC | 6.2% | 6.2% | 9.8% | 11.6% | 6.3% | -13.0% | -3.3% | 0.5% | -1.2% | -0.2% | 7.4% |
| ROCE | 7.5% | 7.5% | 11.7% | 13.0% | 7.0% | -2.6% | -2.5% | 0.6% | -1.5% | -0.3% | 9.3% |
NE Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Noble Corporation Plc carries a Debt/EBITDA ratio of 1.8x, which is manageable (31% below the sector average of 2.6x). Net debt stands at $1.5B ($2.0B total debt minus $471M cash). Interest coverage of 3.2x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.43 | 0.43 | 0.45 | 0.16 | 0.19 | 0.16 | — | 1.06 | 0.83 | 0.68 | 0.67 |
| Debt / EBITDA | 1.80 | 1.80 | 1.85 | 0.67 | 1.82 | 6.73 | 0.03 | 7.93 | 11.32 | 7.77 | 2.59 |
| Net Debt / Equity | — | 0.33 | 0.39 | 0.06 | 0.05 | 0.03 | — | 1.03 | 0.75 | 0.57 | 0.56 |
| Net Debt / EBITDA | 1.37 | 1.37 | 1.63 | 0.27 | 0.53 | 1.12 | -1.57 | 7.71 | 10.22 | 6.50 | 2.16 |
| Debt / FCF | — | 3.48 | 22.91 | 1.52 | 1.84 | — | -2.88 | — | — | 11.43 | 8.34 |
| Interest Coverage | 3.17 | 3.17 | 7.39 | 10.40 | 5.23 | -2.36 | -0.89 | 0.17 | -0.48 | -0.09 | 4.77 |
NE Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.67x means Noble Corporation Plc can comfortably meet its short-term obligations, though there is limited excess liquidity.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.67 | 1.67 | 1.48 | 1.65 | 1.58 | 1.83 | 2.76 | 0.82 | 1.80 | 1.75 | 1.88 |
| Quick Ratio | 1.67 | 1.67 | 1.48 | 1.65 | 1.58 | 1.83 | 2.76 | 0.82 | 1.80 | 1.75 | 1.88 |
| Cash Ratio | 0.62 | 0.62 | 0.26 | 0.56 | 0.71 | 0.78 | 1.67 | 0.20 | 1.03 | 1.12 | 1.15 |
| Asset Turnover | — | 0.44 | 0.38 | 0.47 | 0.27 | 0.41 | 0.23 | 0.16 | 0.12 | 0.12 | 0.23 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 77.54 | 104.97 | 82.99 | 132.71 | 95.67 | 71.66 | 78.21 | 83.10 | 65.90 | 51.28 |
NE Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Noble Corporation Plc returns 5.0% to shareholders annually — split between a 4.7% dividend yield and 0.3% buyback yield. The payout ratio exceeds 100% at 147.8%, meaning the company is paying out more than it earns — this level is unsustainable long-term without earnings recovery. The earnings yield of 3.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 4.7% | 7.1% | 5.8% | 1.4% | — | — | — | — | — | — | — |
| Payout Ratio | 147.8% | 147.8% | 62.0% | 20.5% | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.2% | 4.8% | 9.4% | 6.9% | 4.6% | 7.1% | — | — | — | — | — |
| FCF Yield | 6.4% | 9.6% | 1.7% | 2.4% | 1.4% | — | — | — | — | — | — |
| Buyback Yield | 0.3% | 0.4% | 7.7% | 1.4% | 1.1% | 0.0% | — | — | — | — | — |
| Total Shareholder Yield | 5.0% | 7.5% | 13.5% | 2.8% | 1.1% | 0.0% | — | — | — | — | — |
| Shares Outstanding | — | $160M | $152M | $145M | $199M | $199M | $251M | $249M | $247M | $245M | $243M |
Peer Comparison
Compare NE with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 NEYou | $7B | 31.4 | 7.5 | 15.6 | 19.7% | 15.7% | 4.7% | 6.2% | 1.8 |
 VAL | $6B | 5.8 | 9.5 | 27.3 | 25.0% | 20.9% | 36.3% | 10.9% | 1.9 |
 RIG | $5B | -1.8 | 7.0 | 7.8 | 83.4% | 17.8% | -31.7% | 3.6% | 4.1 |
 SDRL | $2B | -32.2 | 9.0 | — | 12.0% | 4.9% | -2.7% | 1.7% | 2.0 |
 HP | $4B | -21.4 | 6.6 | 30.4 | 14.8% | 6.2% | -5.7% | 3.7% | 2.7 |
 NBR | $1B | 5.0 | 3.3 | — | 19.5% | 8.3% | 18.8% | 6.2% | 2.8 |
 PD | $752M | 4.4 | 48.9 | 6.7 | 84.9% | 1.2% | 83.0% | 1.2% | 21.8 |
 PTEN | $4B | -42.5 | 5.2 | 10.4 | 4.8% | -0.5% | -2.8% | -0.4% | 1.4 |
 SLB | $72B | 20.4 | 11.0 | 15.0 | 18.2% | 15.3% | 13.5% | 12.1% | 1.7 |
 HAL | $29B | 23.4 | 10.4 | 17.6 | 15.7% | 10.2% | 12.2% | 10.2% | 2.4 |
 BKR | $59B | 22.8 | 13.1 | 23.1 | 23.6% | 12.8% | 14.4% | 12.7% | 1.5 |
| Energy Median | — | 15.6 | 7.9 | 13.9 | 33.7% | 13.8% | 7.2% | 6.2% | 2.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 24 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
NE — Frequently Asked Questions
Quick answers to the most common questions about buying NE stock.
What is Noble Corporation Plc's P/E ratio?
Noble Corporation Plc's current P/E ratio is 31.4x. The historical average is 16.4x. This places it at the 100th percentile of its historical range.
What is Noble Corporation Plc's EV/EBITDA?
Noble Corporation Plc's current EV/EBITDA is 7.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.0x.
What is Noble Corporation Plc's ROE?
Noble Corporation Plc's return on equity (ROE) is 4.7%. The historical average is -0.5%.
Is NE stock overvalued?
Based on historical data, Noble Corporation Plc is trading at a P/E of 31.4x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Noble Corporation Plc's dividend yield?
Noble Corporation Plc's current dividend yield is 4.72% with a payout ratio of 147.8%.
What are Noble Corporation Plc's profit margins?
Noble Corporation Plc has 19.7% gross margin and 15.7% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Noble Corporation Plc have?
Noble Corporation Plc's Debt/EBITDA ratio is 1.8x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.