Revenue Breakdown
Composition ()
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Revenue Streams
Noble Corporation PLC (NE) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Floaters, accounting for 79.0% of total sales, equivalent to $630.15M. Other significant revenue streams include Jackups and Reimbursables and other. Understanding this composition is critical for investors evaluating how NE navigates market cycles within the Oil & Gas Drilling industry.
Profitability & Margins
Evaluating the bottom line, Noble Corporation PLC maintains a gross margin of 17.20%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 14.13%, while the net margin is -2.79%. These profitability ratios, combined with a Return on Equity (ROE) of 4.92%, provide a clear picture of how effectively NE converts its operational activities into shareholder value.
Comparative Benchmarking
In the context of the broader market, NE competes directly with industry leaders such as RIG and VAL. With a market capitalization of $5.65B, it holds a leading position in the sector. When comparing efficiency, NE's gross margin of 17.20% stands against RIG's 27.53% and VAL's 100.00%. Such benchmarking helps identify whether Noble Corporation PLC is trading at a premium or discount relative to its financial performance.
