📊 NE-WT Key Takeaways
Is NE-WT a Good Investment? Thesis Analysis
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.
Why Buy NE-WT? Key Strengths
- 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
NE-WT Investment Risks to Consider
- 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
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
NE-WT Financial Metrics
💡 AI Analyst Insight
The 29.0% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.
NE-WT Profitability Ratios
NE-WT vs Energy Sector
How Noble Corp plc compares to Energy sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is NE-WT Overvalued or Undervalued?
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.
NE-WT Balance Sheet & Liquidity
NE-WT 5-Year Financial Trend & Growth Analysis
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 Growth Metrics (YoY)
NE-WT Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| 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 |
| Q2 2023 | $275.2M | $401.0K | $0.00 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
NE-WT Capital Allocation
NE-WT SEC 10-K & 10-Q Filing 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 an AI rating of HOLD with 68% 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.
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.
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 rating reflects both perspectives for balanced insights.
Is NE-WT a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Noble Corp plc has a HOLD rating with 68% confidence. Review the strengths and risks sections above before making a decision. 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.
Should I buy NE-WT stock in 2026?
Our dual AI analysis gives Noble Corp plc a combined HOLD rating 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).