Noble Corporation plc (NE) — Cash Flow Quality Index
Noble Corporation plc (NE) has a Cash Flow Quality Index of 2.26x as of March 2026. Operating cash flow of $273.29 Million exceeds net income of $120.72 Million, indicating high earnings quality where cash backs reported profits. Explore Noble Corporation plc debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Noble Corporation plc Cash Flow Quality Index (1993–2025)
Historical Cash Flow Quality Index for Noble Corporation plc across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see NE cash flow metrics.
Annual Cash Flow Quality Index for Noble Corporation plc (1993–2025)
Year-by-year earnings quality comparison for Noble Corporation plc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 4.39x | $951.68 Million | $216.72 Million | ▲ +200.4% |
| 2024 | 1.46x | $655.48 Million | $448.35 Million | ▲ +22.7% |
| 2023 | 1.19x | $574.34 Million | $481.90 Million | ▼ -28.3% |
| 2022 | 1.66x | $280.99 Million | $168.95 Million | ▲ +9397.0% |
| 2021 | 0.02x | $6.17 Million | $352.21 Million | ▼ -99.5% |
| 2015 | 3.53x | $1.76 Billion | $499.79 Million | ▲ +62.1% |
| 2013 | 2.17x | $1.70 Billion | $782.70 Million | ▼ -17.8% |
| 2012 | 2.65x | $1.38 Billion | $522.34 Million | ▲ +29.3% |
| 2011 | 2.05x | $758.98 Million | $370.90 Million | ▼ -4.3% |
| 2010 | 2.14x | $1.65 Billion | $773.43 Million | ▲ +68.0% |
| 2009 | 1.27x | $2.14 Billion | $1.68 Billion | ▲ +5.2% |
| 2008 | 1.21x | $1.89 Billion | $1.56 Billion | ▲ +3.1% |
| 2007 | 1.17x | $1.41 Billion | $1.21 Billion | ▼ -13.2% |
| 2006 | 1.35x | $988.72 Million | $731.87 Million | ▼ -24.2% |
| 2005 | 1.78x | $529.01 Million | $296.70 Million | ▼ -21.6% |
| 2004 | 2.27x | $332.22 Million | $146.09 Million | ▲ +3.6% |
| 2003 | 2.20x | $365.31 Million | $166.42 Million | ▲ +3.3% |
| 2002 | 2.13x | $445.36 Million | $209.50 Million | ▲ +23.9% |
| 2001 | 1.72x | $451.05 Million | $262.92 Million | ▼ -8.5% |
| 2000 | 1.87x | $310.30 Million | $165.55 Million | ▼ -37.2% |
| 1999 | 2.98x | $252.00 Million | $84.50 Million | ▲ +83.6% |
| 1998 | 1.62x | $263.10 Million | $162.00 Million | ▲ +104.8% |
| 1997 | 0.79x | $204.00 Million | $257.20 Million | ▼ -55.0% |
| 1996 | 1.76x | $138.40 Million | $78.60 Million | ▼ -90.4% |
| 1995 | 18.44x | $29.50 Million | $1.60 Million | ▲ +403.7% |
| 1994 | 3.66x | $78.70 Million | $21.50 Million | ▲ +161.1% |
| 1993 | 1.40x | $29.30 Million | $20.90 Million | — |