📊 NE-WT Key Takeaways
Is Noble Corp plc (NE-WT) a Good Investment?
Noble Corp demonstrates solid financial health with strong cash generation (29% FCF margin) and conservative leverage, but fundamentals are deteriorating with net income down 51.7% YoY despite 7.4% revenue growth. The critically low ROE of 4.8% indicates inadequate capital returns in a highly capital-intensive drilling business, signaling operational headwinds that outweigh balance sheet strength.
Noble shows steady top-line growth and a conservative balance sheet with strong liquidity and excellent interest coverage. However, profitability compressed sharply year over year with low ROE and a drop in net income and EPS, signaling execution or cycle-related headwinds. Robust operating cash flow supports flexibility, but sustaining FCF depends on maintaining margins and disciplined capital needs in a cyclical market.
Noble Corp plc Key Strengths (NE-WT)
- Exceptional free cash flow generation at 29% of revenue demonstrates strong operational cash conversion despite profit decline
- Conservative balance sheet with 0.43x debt-to-equity ratio and 23.7x interest coverage provides financial flexibility
- Healthy liquidity position with 1.67x current ratio and $471.4M cash reserves
- Strong operating cash flow and FCF (29% margin)
- Solid liquidity and moderate leverage (current ratio 1.67x, D/E 0.43x)
- Excellent interest coverage (23.7x) and positive operating profitability (12.6% margin)
NE-WT Stock Risks: Noble Corp plc Investment Risks
- Severe profitability deterioration with net income down 51.7% YoY while revenue grew only 7.4% signals operational stress or cost escalation
- Return on equity of 4.8% and ROA of 2.9% are inadequate for a capital-intensive offshore drilling company, suggesting poor capital deployment
- Operating margin of 12.6% combined with declining earnings indicates persistent margin compression and utilization challenges in cyclical sector
- Sharp YoY decline in net income and EPS indicating margin pressure
- Cyclical offshore drilling exposure with utilization/dayrate sensitivity
- Potential capex/reactivation needs could erode FCF; missing gross margin/capex data adds uncertainty
Key Metrics to Watch
- Quarterly margin recovery trend and operating leverage sustainability
- Return on equity trajectory and CapEx impact on cash flow generation
- Drilling fleet utilization rates and contract backlog renewal at higher rates
- Operating margin trend
- FCF conversion (OCF/Net income)
Noble Corp plc (NE-WT) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 29.0% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.
NE-WT Profit Margin, ROE & Profitability Analysis
NE-WT vs Energy Sector: How Noble Corp plc Compares
How Noble Corp plc compares to Energy sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Noble Corp plc Stock Overvalued? NE-WT Valuation Analysis 2026
Based on fundamental analysis, Noble Corp plc shows some fundamental concerns relative to the Energy sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Noble Corp plc Balance Sheet: NE-WT Debt, Cash & Liquidity
NE-WT Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Noble Corp plc's revenue has grown significantly by 132% over the 5-year period, indicating strong business expansion. The most recent EPS of $3.32 reflects profitable operations.
NE-WT Revenue Growth, EPS Growth & YoY Performance
NE-WT Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $785.7M | $108.3M | $0.67 |
| Q3 2025 | $798.0M | -$21.1M | $-0.13 |
| Q2 2025 | $692.8M | $42.9M | $0.27 |
| Q1 2025 | $637.1M | $95.5M | $0.66 |
| Q3 2024 | $697.5M | $61.2M | $0.40 |
| Q2 2024 | $638.5M | $65.8M | $0.45 |
| Q1 2024 | $610.1M | $95.5M | $0.66 |
| Q3 2023 | $305.9M | $33.6M | $0.41 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Noble Corp plc Dividends, Buybacks & Capital Allocation
NE-WT SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Noble Corp plc (CIK: 0001895262)
📋 Recent SEC Filings
❓ Frequently Asked Questions about NE-WT
What is the AI rating for NE-WT?
Noble Corp plc (NE-WT) has a Combined AI Grade of B from Claude (B) and ChatGPT (B) with 69% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are NE-WT's key strengths?
Claude: Exceptional free cash flow generation at 29% of revenue demonstrates strong operational cash conversion despite profit decline. Conservative balance sheet with 0.43x debt-to-equity ratio and 23.7x interest coverage provides financial flexibility. ChatGPT: Strong operating cash flow and FCF (29% margin). Solid liquidity and moderate leverage (current ratio 1.67x, D/E 0.43x).
What are the risks of investing in NE-WT?
Claude: Severe profitability deterioration with net income down 51.7% YoY while revenue grew only 7.4% signals operational stress or cost escalation. Return on equity of 4.8% and ROA of 2.9% are inadequate for a capital-intensive offshore drilling company, suggesting poor capital deployment. ChatGPT: Sharp YoY decline in net income and EPS indicating margin pressure. Cyclical offshore drilling exposure with utilization/dayrate sensitivity.
What is NE-WT's revenue and growth?
Noble Corp plc reported revenue of $3.3B.
Does NE-WT pay dividends?
Noble Corp plc pays dividends, with $320.4M distributed to shareholders in the trailing twelve months.
Where can I find NE-WT SEC filings?
Official SEC filings for Noble Corp plc (CIK: 0001895262) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is NE-WT's EPS?
Noble Corp plc has a diluted EPS of $1.35.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is NE-WT's fundamental grade?
Based on our AI fundamental analysis in May 2026, Noble Corp plc has a B grade with 69% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is NE-WT stock overvalued or undervalued?
Valuation metrics for NE-WT: ROE of 4.8% (sector avg: 14%), net margin of 6.6% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
What is NE-WT's AI grade for 2026?
Our dual AI analysis gives Noble Corp plc a combined B grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is NE-WT's free cash flow?
Noble Corp plc's operating cash flow is $951.7M, with capital expenditures of N/A. FCF margin is 29.0%.
How does NE-WT compare to other Energy stocks?
Vs Energy sector averages: Net margin 6.6% (avg: 12%), ROE 4.8% (avg: 14%), current ratio 1.67 (avg: 1.3).