Noble (FRA:85V1) FCF Margin %: 21.57% (As of Mar. 2026) — 186% Above Median


FRA:85V1 Noble Corp PLC FRA:85V1
62 GF Score
Price €36.00
GF Value €35.74
Valuation Fairly Valued
! 6 Warning Signs
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What is Noble FCF Margin %?

Noble FRA:85V1 -0.55% 62 FCF Margin % is 21.57% as of Mar. 2026, which is 186% above its 10-year median of 7.54. GuruFocus rates FRA:85V1 with a GF Score™ of 62/100 and a GF Value™ of €35.74 (Fairly Valued). The stock has 6 warning signs investors should review. Among 905 Oil & Gas companies, Noble ranks better than 75.14% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Noble's Free Cash Flow for the three months ended in Mar. 2026 was €147 Mil. Noble's Revenue for the three months ended in Mar. 2026 was €680 Mil. Therefore, Noble's FCF Margin % for the quarter that ended in Mar. 2026 was 21.57%.

As of today, Noble's current FCF Yield % is 7.07%.

The historical rank and industry rank for Noble's FCF Margin % or its related term are showing as below:

FRA:85V1' s FCF Margin % Range Over the Past 10 Years
Min: 2.62   Med: 7.54   Max: 13.9
Current: 13.9


During the past 6 years, the highest FCF Margin % of Noble was 13.90%. The lowest was 2.62%. And the median was 7.54%.

FRA:85V1's FCF Margin % is ranked better than
75.14% of 905 companies
in the Oil & Gas industry
Industry Median: 3.31 vs FRA:85V1: 13.90


Noble FCF Margin % Related Terms


Noble FCF Margin % Historical Data

* Premium members only.

The historical data trend for Noble's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Noble FCF Margin % Chart

Noble Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial 0.00 7.54 6.36 2.62 13.15

Noble Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.01 11.76 17.48 4.63 21.57

FRA:85V1 vs RIG, VAL, PTEN: FCF Margin % Comparison

For the Oil & Gas Drilling subindustry, Noble's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Noble FCF Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Noble's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Noble's FCF Margin % falls into.


FRA:85V1
62GF Score
Noble Corp PLC FRA:85V1
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Noble FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Noble's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=369.06/2805.875
=13.15 %

Noble's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=146.563/679.622
=21.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 21.57% mean?
Noble (FRA:85V1) has a FCF Margin % of 21.57% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Noble and its competitors. This is 186% above median its historical median of 7.54. Over the past decade, Noble's FCF Margin % has ranged from 2.62 to 13.90. According to the industry distribution chart, Noble ranks #225 out of 905 companies in the Oil & Gas industry, placing it in the top 24.9%.
Is Noble's FCF Margin % too high?
Noble's current FCF Margin % of 21.57% is 186% above median its 10-year median of 7.54. Over the past 10 years, this metric has ranged from a low of 2.62 to a high of 13.90. The Oil & Gas industry median FCF Margin % is 3.31. Noble's value of 21.57% is 551.7% above this industry median. Based on the distribution chart, Noble ranks #225 out of 905 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Noble has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Noble's FCF Margin % compare to RIG and VAL?
According to the Oil & Gas industry distribution chart, Noble ranks #225 out of 905 companies for FCF Margin %. This places Noble in the top 25% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 3.31. Noble's value of 21.57% is 551.7% above this benchmark. Historically, Noble's own FCF Margin % has ranged from 2.62 to 13.90 over the past decade. While the company's 10-year median is 7.54 vs. the industry median of 3.31, Noble has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Oil & Gas company?
The median FCF Margin % among Oil & Gas companies is 3.31, based on 905 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Noble's current FCF Margin % of 21.57% is 551.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Noble and its competitors. For the Oil & Gas industry, the median FCF Margin % is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noble's current FCF Margin % is 21.57%, which is 186% above median its own 10-year median of 7.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noble stock overvalued right now?
Based on GuruFocus' analysis, Noble (FRA:85V1) is currently considered Fairly Valued. The stock's GF Value™ is €35.74, compared to a current price of €36.00 — trading 0.7% above its estimated fair value. The current FCF Margin % is 21.57%, which is 186% above median its 10-year median of 7.54 and 551.7% above the Oil & Gas industry median of 3.31. Noble's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Noble (FRA:85V1), the current FCF Margin % is 21.57% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Noble (FRA:85V1) Overvalued in 2026?

Based on GuruFocus' analysis, Noble stock appears to be overvalued. The current stock price of €36.00 is trading 0.7% above its estimated GF Value™ of €35.74. GuruFocus considers Noble to be Fairly Valued.

Key valuation signals for FRA:85V1:

  • FCF Margin %: 21.57% (186% above median its 10-year median of 7.54)
  • GF Value™: €35.74 vs. price of €36.00 (0.7% above fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 551.7% above the Oil & Gas median (#225 of 905)

No single metric tells the full story. See the FRA:85V1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Noble Business Description

Industry EnergyOil & Gas
Other Exchanges NE:USA85V1:Germany
Address 2101 City West Boulevard, Suite 600, Houston, TX, USA, 77042
Noble Corp PLC is an offshore drilling contractor for the oil and gas industry that provides contract drilling services to the international oil and gas industry with its fleet of mobile offshore drilling units. The company focuses on a high-specification fleet of floating and jackup rigs and on deploying its drilling rigs in oil and gas basins around the world. The mobile offshore drilling units comprising the offshore rig fleet operate in international markets for contract drilling services and are often redeployed to different regions due to changing customer demand, which consists mainly of large, integrated, independent, and government-owned or controlled oil and gas companies throughout the world.
62GF Score

Get the complete analysis for FRA:85V1

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€36.00
Price
€35.74
GF Value