Noble Corporation (NE)
Noble Corporation Return on Invested Capital: 3.71%
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NE Return on Invested Capital Rankings
| Overall | 42nd percentile | 2392 of 4163 |
| Sector | 37th percentile | 287 of 462 in Basic Materials |
| Industry | 45th percentile | 32 of 59 in Oil & Gas Drilling & Exploration |
NE Return on Invested Capital Range, Past 5 Years
| Minimum | 2.93% | Jun 2011 |
| Maximum | 28.22% | Jun 2008 |
| Average | 18.79% |
About Return on Invested Capital (ROIC)
ROIC is an acronym for "Return on Invested Capital", and it is a concept that doesn't have a fixed definition. In YCharts, it is the net income that a company earned as a percentage of all of the capital given to a company by shareholders and debt holders. It is a ratio that tries to answer the question: "If I gave $1 to this company, how much money could the company earn by investing that $1?" A ROIC of 5% means that the company can return $0.05 per dollar invested.
ROIC is often considered a more reasonable estimate of managerial performance than Return on Equity (ROE) because it takes into account investments by debt holders, which should be invested to increase net income.
It is also more reasonable than Return on Assets (ROA) because it only assumes that capital which was "invested" into the company can be used to earn income.
Learn More
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NE News
May 29, 8:20AM Marketwire
May 22, 12:45PM Street Insider
about 9 days ago by azendrian
May 04, 11:45AM PR Newswire
about 40 days ago by StewartGlickmanSPCIQ
about 40 days ago by StewartGlickmanSPCIQ
about 41 days ago by TradeBot
about 64 days ago by StewartGlickmanSPCIQ
about 87 days ago by gtlackey
about 93 days ago by SumZero
about 96 days ago by TradeBot
about 98 days ago by MarubozuBrothers
about 101 days ago by gtlackey
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NE | 32.61 | -1.54 | -4.51% | 8.612B |
| MSB | 24.80 | -0.46 | -1.82% | 331.41M |
| MS | 13.10 | -0.54 | -3.96% | 26.99B |
| MRX | 36.73 | -0.35 | -0.94% | 2.185B |
| MRVL | 12.74 | -0.31 | -2.38% | 7.647B |
| MRO | 24.86 | -0.66 | -2.59% | 17.97B |
| MRNAD | 0.7203 | -0.09 | -11.07% | |
| MRNA | 0.7389 | +0.02 | +2.58% | 5.842M |
| MRLN | 13.98 | -0.39 | -2.71% | 182.64M |
| MRK | 37.41 | -0.18 | -0.48% | 114.42B |
