Noble Corporation plc (NE)

Fixed asset turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 3,057,820 2,589,020 1,413,850 847,806 964,272
Property, plant and equipment US$ in thousands 6,149,160 4,148,860 4,015,850 1,478,700 3,603,720
Fixed asset turnover 0.50 0.62 0.35 0.57 0.27

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,057,820K ÷ $6,149,160K
= 0.50


Peer comparison

Dec 31, 2024

Company name
Symbol
Fixed asset turnover
Noble Corporation plc
NE
0.50
Helmerich and Payne Inc
HP