Noble Corp plc NE

Energy SIC 1381 - Drilling Oil & Gas Wells NAICS Mining, Quarrying, and Oil and Gas Extraction › Support Activities for Mining › Drilling Oil and Gas Wells derived NYSE

Noble Corporation plc, a public limited company incorporated under the laws of England and Wales ("Noble"), is a leading offshore drilling contractor for the oil and gas industry. We provide contract drilling services to the international oil and gas industry with our global fleet of mobile offshore drilling units. We deliver our services through a high-specification fleet of floating and jackup rigs and the deployment of our drilling rigs in oil and gas basins around the world. Noble and its predecessors have been engaged in the contract drilling of oil and gas wells since 1921. As of December 31, 2025, our fleet of 36 drilling rigs consisted of 25 floaters and 11 jackups.

On June 9, 2024, Noble entered into an agreement and plan of merger (the "Diamond Merger Agreement") with Diamond Offshore Drilling, Inc. ("Diamond"), Dolphin Merger Sub 1, Inc., and Dolphin Merger Sub 2, Inc., under which Noble would acquire Diamond in a stock plus cash transaction (the "Diamond Transaction"). On September 4, 2024 (the "Diamond Closing Date"), Noble completed its acquisition of Diamond.

Last close 47.70 2026-10-23
Market cap $7.61B 2026-06-30 share count
52-week range 27.67 - 54.98

Valuation FY2025 figures against the last close

P/S2.3x
P/E35.3x
P/FCF17.6x
EV/EBITDA21.9x
Dividend yield4.2%
Diluted EPS1.35

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue $3.29B$3.06B$2.59B$1.41B—$964.3M—
SG&A $133.1M$140.5M$128.4M$82.2M—$121.2M—
Total operating expenses $2.87B$2.45B$2.01B$1.19B—$5.04B—
Operating income $415.6M$604.0M$574.7M$228.8M—-$4.08B—
Interest expense $162.4M$94.2M$59.1M$42.7M—$164.7M—
Pre-tax income $273.1M$492.3M$512.2M$191.5M—-$4.24B—
Income tax $56.4M$44.0M$30.3M$22.6M—$260.4M—
Net income $216.7M$448.4M$481.9M$168.9M—-$3.98B—
EPS, basic 1.363.013.481.99—-15.86—
EPS, diluted 1.352.963.321.73—-15.86—
Shares, diluted (wtd. avg.) 160.2M151.6M145.2M97.6M—250.8M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Cash and equivalents $471.4M$247.3M$367.7M$485.7M$196.7M$112.0M$105.9M
Receivables $589.6M$797.0M$548.8M$468.8M$200.4M$189.2M—
Total current assets $1.27B$1.39B$1.06B$1.05B$455.6M$366.4M—
Property, plant and equipment $5.40B$6.04B$4.12B$3.98B$1.48B$1.16B—
Goodwill ——$0$26.0M$0——
Other intangibles —$214.0K$10.1M$34.4M$61.8M$113.4M—
Total assets $7.53B$7.96B$5.51B$5.23B$2.07B$1.71B—
Accounts payable $298.8M$397.6M$395.2M$290.7M$120.4M$81.9M—
Short-term debt ——$0$159.7M$0——
Total current liabilities $759.7M$940.4M$641.7M$667.1M$248.4M$185.4M—
Long-term debt $1.98B$1.98B$586.2M$513.1M$216.0M$393.5M—
Total liabilities $2.98B$3.31B$1.59B$1.63B$572.8M$687.2M—
Retained earnings $286.6M$411.2M$541.2M$255.9M$102.0M$0—
Total equity $4.55B$4.65B$3.92B$3.61B$1.50B-$311.4M$3.66B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating cash flow $951.7M$655.5M$574.3M$281.0M—$273.2M—
Stock-based compensation $30.5M$43.8M$37.7M$35.3M—$9.2M—
Capital expenditure $519.5M$575.3M$409.6M$174.3M—$148.9M—
Investing cash flow -$350.1M-$959.0M-$366.5M$375.8M—-$121.5M—
Financing cash flow -$373.9M$188.1M-$325.8M-$367.8M—$107.4M—
Dividends paid $320.4M$277.8M$98.8M$0———
Buybacks $20.0M$300.0M$94.8M$15.0M—$0—

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001895262-26-000076.

Plot the figures US dollars

  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -4B -2B 0 2B 4B Revenue, FY2020: 964.3M Net income, FY2020: -4B Revenue, FY2022: 1.4B Net income, FY2022: 168.9M Revenue, FY2023: 2.6B Net income, FY2023: 481.9M Revenue, FY2024: 3.1B Net income, FY2024: 448.4M Revenue, FY2025: 3.3B Net income, FY2025: 216.7M FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — $964.3M — $1.41B $2.59B $3.06B $3.29B
Gross profit — — — — — — —
Net income — -$3.98B — $168.9M $481.9M $448.4M $216.7M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation Item 2.03
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Other event Item 8.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Officer or director change Item 5.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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