Noble profit margin NE
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 4.9%
- Operating margin, 12 months
- 11.4%
- Net margin on a year earlier
- −4.1 pts
- Peer median
- 11.9%
Over the twelve months to Jun 30, 2026, Noble kept 4.9% of its revenue as net profit, with an operating margin of 11.4% and a gross margin of 35.2%.
The median for 10 energy stocks of a similar size is 11.9%.
Profit margin over time
GrossOperatingNet
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 6.6% | 12.6% | 37.5% |
| FY2024 | 14.7% | 19.8% | 41.4% |
| FY2023 | 18.6% | 22.2% | 40.4% |
| FY2022 | 11.9% | 16.2% | 32.0% |
| FY2020 | n/a | n/a | 36.2% |
| FY2019 | −53.7% | −51.0% | 42.7% |
| FY2018 | −81.7% | −87.4% | 38.4% |
| FY2017 | −41.8% | −13.3% | n/a |
| FY2016 | −40.4% | −33.1% | n/a |
| FY2015 | 15.2% | 27.4% | n/a |
| FY2014 | 0.3% | 5.8% | 51.5% |
| FY2013 | 30.8% | 29.2% | 74.4% |
| FY2012 | 14.7% | 22.1% | 46.1% |
| FY2011 | 13.8% | 18.2% | 45.2% |
| FY2010 | 27.6% | 32.6% | 55.1% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 4.9% | −4.1 pts | 11.4% | |
| Q1 FY26 | 7.2% | −6.8 pts | 14.2% | |
| Q4 FY25 | 6.6% | −8.1 pts | 12.6% | |
| Q3 FY25 | 6.6% | −11.5 pts | 15.8% | |
| Q2 FY25 | 9.0% | −13.5 pts | 17.6% | |
| Q1 FY25 | 14.0% | −3.9 pts | 20.8% | |
| Q4 FY24 | 14.7% | −4.0 pts | 19.8% | |
| Q3 FY24 | 18.1% | −0.1 pts | 21.3% | |
| Q2 FY24 | 22.4% | +6.7 pts | 25.3% | |
| Q1 FY24 | 17.9% | +0.6 pts | 22.0% | |
| Q4 FY23 | 18.6% | +6.7 pts | 22.2% | |
| Q3 FY23 | 18.2% | n/a | 22.6% |
Against its peers
Companies in Energy nearest Noble's size, closest first, today.
| Company | Profit margin |
|---|---|
| NENoble | 4.9% |
| MTDRMatador Resources | 19.9% |
| NOVNOV | 1.1% |
| CHRDChord Energy | 13.4% |
| SWXSouthwest Gas | 29.8% |
| PBFPBF Energy | 3.9% |
| KNTKKinetik | 10.4% |
| MURMurphy Oil | 9.7% |
| WFRDWeatherford International | 7.7% |
| MGYMagnolia Oil & Gas | 28.8% |
| LBLandBridge Co LLC | 16.5% |
| Peer median | 11.9% |
Where Noble ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Noble
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.