Noble (NE) OCF Margin %: 20.03% (As of Jun. 2026) — 10% Below Median

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NE Noble Corp PLC NE
63 GF Score
Price $46.98
GF Value $38.67
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Noble OCF Margin %?

Noble NE +2.42% 63 OCF Margin % is 20.03% as of Jun. 2026, which is 10% below its 10-year median of 22.18. GuruFocus rates NE with a GF Score™ of 63/100 and a GF Value™ of $38.67 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 916 Oil & Gas companies, Noble ranks better than 67.69% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Noble's Cash Flow from Operations for the three months ended in Jun. 2026 was $144 Mil. Noble's Revenue for the three months ended in Jun. 2026 was $720 Mil. Therefore, Noble's OCF Margin % for the quarter that ended in Jun. 2026 was 20.03%.

As of today, Noble's current OCF Yield % is 11.76%.

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

NE' s OCF Margin % Range Over the Past 10 Years
Min: 19.87   Med: 22.18   Max: 28.97
Current: 28.74


During the past 6 years, the highest OCF Margin % of Noble was 28.97%. The lowest was 19.87%. And the median was 22.18%.

NE's OCF Margin % is ranked better than
67.69% of 916 companies
in the Oil & Gas industry
Industry Median: 14.065 vs NE: 28.74


Noble OCF Margin % Related Terms


Noble OCF Margin % Historical Data

* Premium members only.

The historical data trend for Noble's OCF 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 OCF Margin % Chart

Noble Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial 0.00 19.87 22.18 21.44 28.97

Noble Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
OCF 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 Premium Member Only 25.49 34.73 24.48 34.78 20.03

NE vs RIG, VAL, PTEN: OCF Margin % Comparison

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

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

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


NE
63GF Score
Noble Corp PLC NE
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Noble OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

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

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=951.678/3285.568
=28.97 %

Noble's OCF Margin for the quarter that ended in Jun. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=144.159/719.688
=20.03 %

* 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 OCF Margin % →
What does a OCF Margin % of 20.03% mean?
Noble (NE) has a OCF Margin % of 20.03% as of Jun. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Noble and its competitors. This is 10% below median its historical median of 22.18. Over the past decade, Noble's OCF Margin % has ranged from 19.87 to 28.97. According to the industry distribution chart, Noble ranks #296 out of 916 companies in the Oil & Gas industry, placing it in the top 32.3%.
Is Noble's OCF Margin % too high?
Noble's current OCF Margin % of 20.03% is 10% below median its 10-year median of 22.18. Over the past 10 years, this metric has ranged from a low of 19.87 to a high of 28.97. The Oil & Gas industry median OCF Margin % is 14.07. Noble's value of 20.03% is 42.4% above this industry median. Based on the distribution chart, Noble ranks #296 out of 916 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Noble has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Noble's OCF Margin % compare to RIG and VAL?
According to the Oil & Gas industry distribution chart, Noble ranks #296 out of 916 companies for OCF Margin %. This puts Noble in the upper half of its industry. The industry median OCF Margin % is 14.07. Noble's value of 20.03% is 42.4% above this benchmark. Historically, Noble's own OCF Margin % has ranged from 19.87 to 28.97 over the past decade. While the company's 10-year median is 22.18 vs. the industry median of 14.07, 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 OCF Margin % for an Oil & Gas company?
The median OCF Margin % among Oil & Gas companies is 14.07, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Noble's current OCF Margin % of 20.03% is 42.4% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Noble and its competitors. For the Oil & Gas industry, the median OCF Margin % is 14.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noble's current OCF Margin % is 20.03%, which is 10% below median its own 10-year median of 22.18. 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 (NE) is currently considered Modestly Overvalued. The stock's GF Value™ is $38.67, compared to a current price of $46.98 — trading 21.5% above its estimated fair value. The current OCF Margin % is 20.03%, which is 10% below median its 10-year median of 22.18 and 42.4% above the Oil & Gas industry median of 14.07. Noble's overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Noble (NE), the current OCF Margin % is 20.03% as of Jun. 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 (NE) Overvalued in 2026?

Based on GuruFocus' analysis, Noble stock appears to be overvalued. The current stock price of $46.98 is trading 21.5% above its estimated GF Value™ of $38.67. GuruFocus considers Noble to be Modestly Overvalued.

Key valuation signals for NE:

  • OCF Margin %: 20.03% (10% below median its 10-year median of 22.18)
  • GF Value™: $38.67 vs. price of $46.98 (21.5% above fair value)
  • GF Score™: 63/100 with 8 warning signs
  • Industry Position: 42.4% above the Oil & Gas median (#296 of 916)

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


Noble Business Description

Industry EnergyOil & Gas
Other Exchanges 85V1: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.
63GF Score

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

$46.98
Price
$38.67
GF Value