Noble (NE) Net Margin %

: 23.28% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Noble's Net Income for the three months ended in Dec. 2023 was $150 Mil. Noble's Revenue for the three months ended in Dec. 2023 was $643 Mil. Therefore, Noble's net margin for the quarter that ended in Dec. 2023 was 23.28%.

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

NE' s Net Margin % Range Over the Past 10 Years
Min: -412.59 Med: 11.95 Max: 18.61
Current: 18.61

NE's Net Margin % is ranked better than
76.49% of 974 companies
in the Oil & Gas industry
Industry Median: 4.205 vs NE: 18.61

Noble Net Margin % Historical Data

The historical data trend for Noble's Net 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.

* Premium members only.

Noble Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Net Margin %

-412.59

11.95

18.61

Noble Quarterly Data
	Dec20	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Take a 7-Day Free Trial					21.68	17.71	10.31	22.70	23.28

Competitive Comparison

For the Oil & Gas Drilling subindustry, Noble's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % Distribution

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

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

Noble Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Noble's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	481.902	/	2589.018
	=	18.61 %

Noble's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	149.7	/	642.979
	=	23.28 %

Noble (NYSE:NE) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Noble Net Margin % Related Terms

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Noble (NE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Noble Corp PLC (NYSE:NE) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

NOBLE:Denmark 85V1:Germany 85V1:Germany

Address

13135 Dairy Ashford, Suite 800, Sugar Land, TX, USA, 77478

Website

https://www.noblecorp.com

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 the deployment of its drilling rigs in oil and gas basins around the world.

Executives

Noble Corp Plc	officer: VP & Chief Accounting Officer	13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Caroline Alting	officer: See Remarks	C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Joey M Kawaja	officer: See Remarks	13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Blake Denton	officer: See Remarks	13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Robert W. Eifler	director, officer: See Remarks	13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Richard B. Barker	officer: See Remarks	13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Jennie Howard	officer: SVP, Gen. Counsel & Corp. Sec.	13135 DAIRY ASHFORD ROAD, SUGAR LAND TX 77478
Pacific Investment Management Co Llc	10 percent owner	650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Mikkel Ipsen	officer: See Remarks	C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Kristin Holth	director	C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Claus Hemmingsen	director	C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Alastair Maxwell	director	C/O NOBLE CORP., 13135 DAIRY ASHFORD, SUITE 800, SUGAR LAND TX 77478
Apmh Invest A/s	10 percent owner	ESPLANADEN 50, COPENHAGEN G7 1263
Laura D. Campbell	officer: See Remarks	13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Charles M Sledge	director	1611 SCENIC MOUNTAIN COURT, KINGWOOD TX 77345