Noble (NE) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
3.1B
Gross Profit
836.5M
27.36%
Operating Income
696.0M
22.76%
Net Income
448.4M
14.66%
EPS (Diluted)
$2.96
Balance Sheet Metrics
Total Assets
8.0B
Total Liabilities
3.3B
Shareholders Equity
4.7B
Debt to Equity
0.71
Cash Flow Metrics
Operating Cash Flow
672.8M
Free Cash Flow
80.2M
Revenue & Profitability Trend
Noble Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2020 |
|---|---|---|---|---|
| Revenue | 3.1B | 2.6B | 1.4B | 964.3M |
| Cost of Goods Sold | 2.2B | 1.8B | 1.1B | 989.8M |
| Gross Profit | 836.5M | 743.8M | 305.4M | -25.5M |
| Operating Expenses | 140.5M | 128.4M | 82.2M | 121.2M |
| Operating Income | 696.0M | 615.3M | 223.3M | -146.7M |
| Pre-tax Income | 492.3M | 512.2M | 191.5M | -4.2B |
| Income Tax | 44.0M | 30.3M | 22.6M | -260.4M |
| Net Income | 448.4M | 481.9M | 168.9M | -4.0B |
| EPS (Diluted) | $2.96 | $3.32 | $1.73 | -$57.44 |
Income Statement Trend
Noble Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 1.4B | 1.1B | 1.1B | 455.6M | 491.2M |
| Non-Current Assets | 6.6B | 4.4B | 4.2B | 1.6B | 3.6B |
| Total Assets | 8.0B | 5.5B | 5.2B | 2.1B | 4.1B |
| Liabilities | |||||
| Current Liabilities | 940.4M | 641.7M | 667.1M | 248.4M | 145.0M |
| Non-Current Liabilities | 2.4B | 944.5M | 960.7M | 324.4M | 4.2B |
| Total Liabilities | 3.3B | 1.6B | 1.6B | 572.8M | 4.4B |
| Equity | |||||
| Total Shareholders Equity | 4.7B | 3.9B | 3.6B | 1.5B | -1.1B |
Balance Sheet Composition
Noble Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2020 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | 448.4M | 481.9M | 168.9M | -4.0B |
| Operating Cash Flow | 672.8M | 547.9M | 362.3M | -3.6B |
| Investing Activities | ||||
| Capital Expenditures | - | - | - | - |
| Investing Cash Flow | -383.7M | 43.1M | 550.1M | 27.4M |
| Financing Activities | ||||
| Dividends Paid | -277.8M | -98.8M | 0 | - |
| Financing Cash Flow | 186.6M | -326.3M | -368.8M | 107.4M |
| Free Cash Flow | 80.2M | 164.8M | 106.7M | 124.3M |
Cash Flow Trend
Noble Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
9.43
Forward P/E
8.46
Price to Book
0.95
Price to Sales
1.45
PEG Ratio
8.46
Profitability Ratios
Profit Margin
14.69%
Operating Margin
24.30%
Return on Equity
10.76%
Return on Assets
7.32%
Financial Health
Current Ratio
1.57
Debt to Equity
42.48
Beta
1.11
Per Share Data
EPS (TTM)
$2.97
Book Value per Share
$29.34
Revenue per Share
$20.52
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| ne | 4.6B | 9.43 | 0.95 | 10.76% | 14.69% | 42.48 |
| Transocean | 2.5B | -4.50 | 0.24 | -6.65% | -18.79% | 65.11 |
| Sable Offshore | 2.2B | -12.12 | 6.74 | -200.53% | 0.00% | 310.93 |
| Patterson-UTI Energy | 2.3B | 52.00 | 0.68 | -24.84% | -19.78% | 37.61 |
| Helmerich & Payne | 1.7B | 7.78 | 0.58 | 7.58% | 7.15% | 75.26 |
| Seadrill Limited | 1.7B | 5.00 | 0.57 | 12.75% | 28.88% | 21.25 |
Financial data is updated regularly. All figures are in the company's reporting currency.