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Noble Corporation NE Contract Assets

Contract Assets at other companies

NOVA, Inc. logo
NOVA, Inc.NOV
Kodiak Gas Services logo
Kodiak Gas ServicesKGS
Weatherford International logo
Weatherford InternationalWFRD

Other financials

Income statement

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Revenue$785.7M-10.2%
Operating income$225.3M+20.3%
Net income$120.7M+11.5%
EPS (diluted)$0.75+11.9%

Balance sheet

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Cash & equivalents$666.6M+116%
Total debt$2.0B-1.1%
Total equity$4.6B-1.5%
Total assets$7.5B-5.5%

Cash flow

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Operating cash flow$273.3M+0.8%
CapEx$103.9M-8.5%
Free cash flow$169.4M+7.6%

Valuation

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Market cap$6.65B+108%
Enterprise value$7.94B+67.8%
P/E29×+22.1×
P/S2.1×+1.1×

Profitability

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Operating margin14.2%-6.6pp
Net margin7.2%-6.8pp
FCF margin13.9%+5.4pp

Returns & leverage

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Return on equity5%-5.8pp
Debt / equity0.4×0.0×
Current ratio+0.4×

Where this comes from

Reported directly by Noble Corporation in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetGross.

The official record: Noble Corporation’s 10-Q, filed April 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Noble Corporation's contract assets?
Noble Corporation (NE) reported contract assets of $18.26M in Q1 2026.
How has Noble Corporation's contract assets changed year-over-year?
Noble Corporation's contract assets decreased by 46.0% year-over-year, from $33.84M to $18.26M.
What is the long-term trend for Noble Corporation's contract assets?
Over 5 years (2020 to 2025), Noble Corporation's contract assets has grown at a 17.2% compound annual growth rate (CAGR), from $13.86M to $30.64M.
What does contract assets mean?
Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.