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 17.04%.

Get informed when a big investor buys or sells

+ Follow

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)

Loading

Profit Margin History

Loading

Profit Margin Comparison

Loading

Annual Profit Margin Growth Rate (%)

Loading

Noble Midstream Partners LP - Unit (NBLX) FAQ

Noble Midstream Partners LP - Unit (NBLX) currently reports a profit margin of 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 17.04%. Use the charts on this page to explore Noble Midstream Partners LP - Unit's profit margin history and peer comparisons.

Noble Midstream Partners LP - Unit's profit margin increased from 14.88% to 18.94% — a 27.3% year-over-year increase (period ending March 2021). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Noble Midstream Partners LP - Unit's profit margin of 18.94% is higher than the Energy sector average of 17.04%. That is roughly 11.2% above the sector mean. A reading higher peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

There is no universal 'good' profit margin, but Noble Midstream Partners LP - Unit's current 18.94% should be judged against Energy norms (sector average: 17.04%) and against NBLX's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.

Start with the current profit margin of 18.94%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Energy average is 17.04%. From there, open related valuation or income-statement pages for Noble Midstream Partners LP - Unit, and consider following NBLX for alerts when major investors trade the stock.