Noble price to free cash flow NE

Market value divided by free cash flow over the last twelve months, since 2021.

Today, Oct 23, 2026: 26.8×
5-year median: 25.2×
Against its 5-year history: 56th; percentile: 0 is its lowest day, 100 its highest
5-year range: 10.4× to 90.3×
Peer median: 12.0×

Noble's price to free cash flow is 26.8× as of Oct 23, 2026.

That is above its 5-year median of 25.2×, close to the middle of its last 5 years.

Over that time it ranged from 10.4× in Oct 2025 to 90.3× in Jul 2023.

The median for 10 energy stocks of a similar size is 12.0×.

Price to free cash flow over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	26.8×	11.7×	26.8×
2025	11.4×	10.4×	53.5×
2024	20.6×	20.1×	54.0×
2023	54.4×	44.7×	90.3×
2022	n/m a value too high to mean anything
2021	10.6×	10.4×	12.3×

Against its peers

Companies in Energy nearest Noble's size, closest first, today.

Company	Price to free cash flow
NENoble	26.8×
MTDRMatador Resources	2.9×
NOVNOV	12.5×
CHRDChord Energy	n/m
SWXSouthwest Gas	n/m
PBFPBF Energy	12.2×
KNTKKinetik	57.7×
MURMurphy Oil	4.2×
WFRDWeatherford International	11.8×
MGYMagnolia Oil & Gas	11.4×
LBLandBridge Co LLC	40.3×
Peer median	12.0×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Noble

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.