Noble Corporation plc (NE)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 586,545 | 571,382 | 234,223 | -75,530 | -4,074,210 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 4,651,390 | 3,921,240 | 3,607,080 | 1,500,630 | -311,388 |
| Return on total capital | 12.61% | 14.57% | 6.49% | -5.03% | — |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $586,545K ÷ ($—K + $4,651,390K)
= 12.61%
Peer comparison
Dec 31, 2024
Company name
Symbol
Return on total capital
Noble Corporation plc
NE
12.61%
Helmerich and Payne Inc
HP
1.24%