Noble Corporation plc (NE) — Capital Reinvestment Ratio
Noble Corporation plc (NE) has a Capital Reinvestment Ratio of 0.38x as of March 2026, meaning it reinvests 0% of its operating cash flow ($273.29 Million) in capital expenditures ($103.85 Million). Check NE tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Noble Corporation plc Capital Reinvestment Ratio (1990–2025)
This chart tracks Noble Corporation plc's Capital Reinvestment Ratio across 36 annual periods. For the full cash flow conversion analysis, see Noble Corporation plc operating cash flow efficiency.
Annual Capital Reinvestment Ratio for Noble Corporation plc (1990–2025)
Year-by-year Capital Reinvestment Ratio for Noble Corporation plc from 1990 to 2025. See NE free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.55x | $951.68 Million | $519.52 Million | ▼ -37.8% |
| 2024 | 0.88x | $655.48 Million | $575.32 Million | ▲ +23.1% |
| 2023 | 0.71x | $574.34 Million | $409.58 Million | ▲ +15.0% |
| 2022 | 0.62x | $280.99 Million | $174.32 Million | ▼ -97.7% |
| 2021 | 27.41x | $6.17 Million | $169.04 Million | ▲ +4928.8% |
| 2020 | 0.54x | $273.20 Million | $148.89 Million | ▼ -62.1% |
| 2019 | 1.44x | $186.77 Million | $268.78 Million | ▲ +27.0% |
| 2018 | 1.13x | $171.85 Million | $194.78 Million | ▲ +225.7% |
| 2017 | 0.35x | $453.90 Million | $157.97 Million | ▼ -43.5% |
| 2016 | 0.62x | $1.13 Billion | $694.74 Million | ▲ +148.2% |
| 2015 | 0.25x | $1.76 Billion | $437.15 Million | ▼ -79.1% |
| 2014 | 1.19x | $1.78 Billion | $2.11 Billion | ▼ -18.8% |
| 2013 | 1.46x | $1.70 Billion | $2.49 Billion | ▲ +20.9% |
| 2012 | 1.21x | $1.38 Billion | $1.67 Billion | ▼ -65.3% |
| 2011 | 3.48x | $758.98 Million | $2.64 Billion | ▲ +348.1% |
| 2010 | 0.78x | $1.65 Billion | $1.28 Billion | ▲ +10.9% |
| 2009 | 0.70x | $2.14 Billion | $1.50 Billion | ▲ +7.3% |
| 2008 | 0.65x | $1.89 Billion | $1.23 Billion | ▼ -28.3% |
| 2007 | 0.91x | $1.41 Billion | $1.29 Billion | ▼ -19.8% |
| 2006 | 1.13x | $988.72 Million | $1.12 Billion | ▲ +170.7% |
| 2005 | 0.42x | $529.01 Million | $221.81 Million | ▼ -46.6% |
| 2004 | 0.79x | $332.22 Million | $261.04 Million | ▼ -6.5% |
| 2003 | 0.84x | $365.31 Million | $307.13 Million | ▲ +39.7% |
| 2002 | 0.60x | $445.36 Million | $268.05 Million | ▲ +102.9% |
| 2001 | 0.30x | $451.05 Million | $133.78 Million | ▼ -26.5% |
| 2000 | 0.40x | $310.30 Million | $125.20 Million | ▼ -75.9% |
| 1999 | 1.67x | $252.00 Million | $421.70 Million | ▼ -18.6% |
| 1998 | 2.05x | $263.10 Million | $540.60 Million | ▲ +7.2% |
| 1997 | 1.92x | $204.00 Million | $391.10 Million | ▼ -47.1% |
| 1996 | 3.62x | $138.40 Million | $501.60 Million | ▲ +17.2% |
| 1995 | 3.09x | $29.50 Million | $91.20 Million | ▲ +336.0% |
| 1994 | 0.71x | $78.70 Million | $55.80 Million | ▲ +22.9% |
| 1993 | 0.58x | $29.30 Million | $16.90 Million | ▲ +6.7% |
| 1992 | 0.54x | $13.50 Million | $7.30 Million | ▼ -92.0% |
| 1991 | 6.76x | $5.40 Million | $36.50 Million | ▼ -58.9% |
| 1990 | 16.45x | $3.30 Million | $54.30 Million | — |