Is Noble Corporation (NE) overvalued or fairly valued?

MarketChacha shows Noble Corporation's valuation in context — a trailing P/E of about 66.0, a forward P/E of about 20.4, a price-to-book of about 1.6 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Noble Corporation's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.90×) from reported figures — education, not a rating.

What is Noble Corporation's revenue?

Noble Corporation reported revenue of $3.3B for FY2025, with net profit of $216.7M, per official filings.

What is the share price of Noble Corporation (NE)?

Noble Corporation last traded at $43.55 (+6.8% on the day), as of 8/10/2026 — a delayed quote shown for education, not investment advice.

Noble Corporation

NE · NYSE · Energy · United States

Snapshot

TickerNE

ExchangeNYSE

SectorEnergy

IndustryOil & Gas Drilling

CountryUnited States

Employees4,500

HeadquartersHouston, United States

Websitewww.noblecorp.com

Filings tracked18

About Noble Corporation

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.

Who owns it

Insiders20.7%
Institutions79.3%
Public & other0.0%

509 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.12.32%
First Eagle Investment Management, LLC8.74%
Vanguard Portfolio Management LLC5.02%
Dimensional Fund Advisors LP4.29%
Vanguard Capital Management LLC3.56%
FMR, LLC3.46%
State Street Corporation3.40%
American Century Companies Inc2.43%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Margin has compressed by about 12.0 points over the period — profitability is trending down.

Cash conversion1.90×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend18.6% → 6.6%

Margin has compressed by about 12.0 points over the period — profitability is trending down.

Return on equity4.8%

Latest ROE of 4.8% is on the low side — the business earns a modest return on shareholder capital.

Growth qualityrev 13% · PAT -33%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $665.2M · EPS 0.02

Est. earnings growth -78.5%

Next fiscal year

Rev $3.3B · EPS 2.14

Est. earnings growth +324.3%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$3.3B

Net margin

6.6%

ROE

4.8%

Revenue CAGR (2y)

+12.7%

Profit CAGR (2y)

-32.9%

EPS (FY2025)

1.35

Net profit (FY2025)

$216.7M

Ask MarketChacha about NE

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$3.3B	$216.7M	1.35	6.6%	4.8%
FY2024	$3.1B	$448.4M	2.96	14.7%	9.6%
FY2023	$2.6B	$481.9M	3.32	18.6%	12.3%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$719.7M	$-36.7M	-0.23	-5.1%
2026Q1	$785.7M	$120.7M	0.75	15.4%
2025Q3	$798.0M	$-21.1M	-0.13	-2.6%
2025Q2	$848.7M	$42.9M	0.27	5.1%
2025Q1	$874.5M	$108.3M	0.67	12.4%
2024Q3	$800.5M	$61.2M	0.40	7.6%
2024Q2	$692.8M	$195.0M	1.34	28.1%
2024Q1	$637.1M	$95.5M	0.66	15.0%
2023Q3	$697.5M	$158.3M	1.09	22.7%
2023Q2	$638.5M	$65.8M	0.45	10.3%
2023Q1	$610.1M	$108.1M	0.74	17.7%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC7/28/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC7/27/2026material
8-K — Material financial obligation, Exhibits
SEC6/12/2026material
8-K — Material agreement, Material financial obligation, Other events, Exhibits
SEC6/1/2026material
8-K — Other events, Exhibits
SEC6/1/2026material
8-K — Executive/director change, Exhibits
SEC5/22/2026material
8-K — Shareholder vote results
SEC4/30/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC4/27/2026material
10-Q filing
SEC4/27/2026
8-K — Executive/director change
SEC3/16/2026material
10-K filing
SEC2/12/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC2/11/2026material

2025

10-Q filing
SEC10/28/2025
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC10/27/2025material
8-K — Reg FD disclosure, Exhibits
SEC9/2/2025material
8-K — Executive/director change, Exhibits
SEC8/21/2025material
10-Q filing
SEC8/6/2025
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC8/5/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.