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Noble Corp (Cayman Island)
NYSE:NE

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Noble Corp (Cayman Island)
NYSE:NE
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Price: 46.06 USD -2.52% Market Closed
Updated: May 11, 2024

Gross Margin
Noble Corp (Cayman Island)

40.4%
Current
28%
Average
36.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
40.4%
=
Gross Profit
1B
/
Revenue
2.6B

Gross Margin Across Competitors

Country US
Market Cap 6.5B USD
Gross Margin
40%
Country CN
Market Cap 53.4B CNY
Gross Margin
16%
Country US
Market Cap 45.7B DKK
Gross Margin
40%
Country SA
Market Cap 20.2B SAR
Gross Margin
40%
Country BM
Market Cap 5.3B USD
Gross Margin
0%
Country CH
Market Cap 4.7B USD
Gross Margin
29%
Country US
Market Cap 4.5B USD
Gross Margin
32%
Country BM
Market Cap 46.7B NOK
Gross Margin
0%
Country US
Market Cap 3.8B USD
Gross Margin
40%
Country BM
Market Cap 41.1B NOK
Gross Margin
38%
Country SA
Market Cap 13.7B SAR
Gross Margin
28%

Profitability Report

View the profitability report to see the full profitability analysis for Noble Corp (Cayman Island).

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
40.4%
=
Gross Profit
1B
/
Revenue
2.6B
What is the Gross Margin of Noble Corp (Cayman Island)?

Based on Noble Corp (Cayman Island)'s most recent financial statements, the company has Gross Margin of 40.4%.