BackNoble Midstream Partners LP - Unit Overview

Noble Midstream Partners LP - Unit Profit Margin

Noble Midstream Partners LP - Unit (NBLX) has a profit margin of 18.94%, above the Energy sector average of 16.47%.

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Quarterly Profit Margin

11.21%
↑ 148.56% YoY

As of Mar 2021

Annual Profit Margin (TTM)

18.94%
↑ 27.26% YoY

Trailing 12 months ending Mar 2021

Average Profit Margin (Comparison Companies)

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Profit Margin History

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Profit Margin Comparison

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Annual Profit Margin Growth Rate (%)

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Noble Midstream Partners LP - Unit (NBLX) FAQ

Noble Midstream Partners LP - Unit's profit margin stands at 18.94% as of March 2021. That compares with 14.88% in the prior-year period — up 27.3% year over year. That is above the Energy sector average of 16.47%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.

Noble Midstream Partners LP - Unit reported 18.94% in profit margin versus 14.88% a year earlier — a 27.3% year-over-year increase. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.

Noble Midstream Partners LP - Unit sits higher the Energy benchmark (16.47%) with a profit margin of 18.94%. That is roughly 15.0% above the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.

A profit margin of 18.94% for Noble Midstream Partners LP - Unit means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.

The history chart shows how Noble Midstream Partners LP - Unit's profit margin evolved across reporting periods, while the comparison chart places NBLX next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.