Noble Return on Equity (ROE) Growth & History (NE)
Noble's return on equity was 4.71% for fiscal 2025.
View full Noble company overviewNoble annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 4.71% | −5.75 pp |
| 2024 | 2024-12-31 | 10.46% | −2.34 pp |
| 2023 | 2023-12-31 | 12.80% | +6.19 pp |
| 2022 | 2022-12-31 | 6.62% | −10.54 pp |
| 2021 | 2021-12-31 | 17.15% | — |
Noble quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −0.81% | −1.73 pp |
| Q1 2026 | 2026-03-31 | 2.64% | +0.32 pp |
| Q4 2025 | 2025-12-31 | 1.91% | −0.16 pp |
| Q3 2025 | 2025-09-30 | −0.46% | −1.87 pp |
| Q2 2025 | 2025-06-30 | 0.92% | −4.01 pp |
| Q1 2025 | 2025-03-31 | 2.33% | −0.11 pp |
| Q4 2024 | 2024-12-31 | 2.07% | −1.79 pp |
| Q3 2024 | 2024-09-30 | 1.41% | −2.78 pp |
| Q2 2024 | 2024-06-30 | 4.94% | +3.17 pp |
| Q1 2024 | 2024-03-31 | 2.44% | −0.52 pp |
| Q4 2023 | 2023-12-31 | 3.86% | −1.37 pp |
| Q3 2023 | 2023-09-30 | 4.19% | +1.99 pp |
| Q2 2023 | 2023-06-30 | 1.77% | — |
| Q1 2023 | 2023-03-31 | 2.96% | — |
| Q4 2022 | 2022-12-31 | 5.24% | — |
| Q3 2022 | 2022-09-30 | 2.20% | — |
Noble return on equity trends
Between the periods ended 2021-12-31 and 2025-12-31, Noble's return on equity decreased from 17.15% to 4.71%, a change of −12.44 percentage points. The latest reported quarter, Q2 2026, shows −0.81%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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