Noble Pretax Profit Margin from 2010 to 2024

NE Stock  USD 47.25  0.83  1.79%   
Noble Plc's Pretax Profit Margin is decreasing over the years with stable fluctuation. Overall, Pretax Profit Margin is expected to go to 0.21 this year. During the period from 2010 to 2024 Noble Plc Pretax Profit Margin annual values regression line had geometric mean of  0.29 and mean square error of  1.50. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.19785224
Current Value
0.21
Quarterly Volatility
1.19305552
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Noble Plc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Noble main balance sheet or income statement drivers, such as Depreciation And Amortization of 289.1 M, Interest Expense of 57 M or Total Revenue of 1.5 B, as well as many exotic indicators such as Price To Sales Ratio of 2.45, Dividend Yield of 0.0162 or PTB Ratio of 1.78. Noble financial statements analysis is a perfect complement when working with Noble Plc Valuation or Volatility modules.
  
This module can also supplement Noble Plc's financial leverage analysis and stock options assessment as well as various Noble Plc Technical models . Check out the analysis of Noble Plc Correlation against competitors.
For information on how to trade Noble Stock refer to our How to Trade Noble Stock guide.

Latest Noble Plc's Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Noble plc over the last few years. It is Noble Plc's Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Noble Plc's overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Pretty Stable
   Pretax Profit Margin   
       Timeline  

Noble Pretax Profit Margin Regression Statistics

Arithmetic Mean(0.38)
Geometric Mean0.29
Coefficient Of Variation(316.34)
Mean Deviation0.69
Median0.14
Standard Deviation1.19
Sample Variance1.42
Range4.8158
R-Value(0.14)
Mean Square Error1.50
R-Squared0.02
Significance0.61
Slope(0.04)
Total Sum of Squares19.93

Noble Pretax Profit Margin History

2024 0.21
2022 0.14
2021 0.42
2020 -4.4
2019 -0.7
2018 -1.14
2017 -0.36

About Noble Plc Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Noble Plc income statement, its balance sheet, and the statement of cash flows. Noble Plc investors use historical funamental indicators, such as Noble Plc's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Noble Plc investors may use each financial statement separately, they are all related. The changes in Noble Plc's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Noble Plc's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Noble Plc Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Noble Plc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.20  0.21 

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When determining whether Noble plc is a strong investment it is important to analyze Noble Plc's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Noble Plc's future performance. For an informed investment choice regarding Noble Stock, refer to the following important reports:
Check out the analysis of Noble Plc Correlation against competitors.
For information on how to trade Noble Stock refer to our How to Trade Noble Stock guide.
Note that the Noble plc information on this page should be used as a complementary analysis to other Noble Plc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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Is Noble Plc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Noble Plc. If investors know Noble will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Noble Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.11)
Dividend Share
0.7
Earnings Share
3.24
Revenue Per Share
17.819
Quarterly Revenue Growth
0.065
The market value of Noble plc is measured differently than its book value, which is the value of Noble that is recorded on the company's balance sheet. Investors also form their own opinion of Noble Plc's value that differs from its market value or its book value, called intrinsic value, which is Noble Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Noble Plc's market value can be influenced by many factors that don't directly affect Noble Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Noble Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Noble Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noble Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.