RIG · Transocean Ltd. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · RIG

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$3.96B	$3.52B	$2.83B	$2.58B	$2.56B	$3.15B
Cost of Revenue	$2.41B	$2.20B	$1.99B	$1.68B	$1.70B	$2.00B
Gross Profit	$1.56B	$1.32B	$846.00M	$896.00M	$859.00M	$1.15B
R&D	-	-	-	-	-	-
SG&A	$195.00M	$214.00M	$187.00M	$182.00M	$167.00M	$183.00M
Total Operating Expenses	$3.26B	$3.15B	$2.92B	$2.60B	$2.61B	$2.96B
D&A	$659.00M	$739.00M	$744.00M	$735.00M	$742.00M	$781.00M
Operating Income	($2.34B)	($417.00M)	($325.00M)	($31.00M)	($112.00M)	($493.00M)
Interest Expense	$555.00M	$362.00M	$646.00M	$561.00M	$447.00M	$575.00M
Income Tax	($33.00M)	($11.00M)	$13.00M	$59.00M	$121.00M	$27.00M
Net Income	($2.92B)	($512.00M)	($954.00M)	($621.00M)	($592.00M)	($567.00M)
EPS - Basic	($3.04)	($0.60)	($1.24)	($0.89)	($0.92)	-
EPS - Diluted	($3.04)	($0.76)	($1.24)	($0.89)	($0.92)	-

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$620.00M	$560.00M	$762.00M	$683.00M	$976.00M	$1.15B
Accounts Receivable	$540.00M	$564.00M	$512.00M	$485.00M	$492.00M	$583.00M
Inventory	-	-	-	-	-	-
Accounts Payable	$242.00M	$255.00M	$323.00M	$281.00M	$228.00M	$194.00M
Current Assets	$2.08B	$2.45B	$2.13B	$2.01B	$2.44B	$2.74B
Total Assets	$15.64B	$19.37B	$20.25B	$20.44B	$20.68B	$21.80B
Current Liabilities	$1.34B	$1.66B	$1.40B	$1.56B	$1.30B	$1.39B
Long-term Debt	-	-	-	-	-	-
Total Liabilities	-	-	-	-	-	-
Stockholders' Equity	$8.11B	$10.28B	$10.41B	$10.79B	$11.21B	$11.43B
Retained Earnings	($7.46B)	($4.54B)	($4.03B)	($3.08B)	($2.46B)	($1.87B)

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$749.00M	$447.00M	$164.00M	$448.00M	$575.00M	$398.00M
Investing Cash Flow	($33.00M)	($151.00M)	($423.00M)	($757.00M)	($233.00M)	($257.00M)
Financing Cash Flow	($660.00M)	($350.00M)	$263.00M	($112.00M)	($490.00M)	($930.00M)
CapEx	$123.00M	$254.00M	$427.00M	$717.00M	$208.00M	$265.00M
Free Cash Flow	$626.00M	$193.00M	($263.00M)	($269.00M)	$367.00M	$133.00M

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	39.3%	37.6%	29.9%	34.8%	33.6%	36.5%
Operating margin	-58.9%	-11.8%	-11.5%	-1.2%	-4.4%	-15.6%
EBITDA margin	-42.3%	9.1%	14.8%	27.3%	24.6%	9.1%
Net margin	-73.5%	-14.5%	-33.7%	-24.1%	-23.2%	-18.0%
Free cash flow margin	15.8%	5.5%	-9.3%	-10.4%	14.4%	4.2%
FCF / Net income	-0.21	-0.38	0.28	0.43	-0.62	-0.23
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	4.9%	6.1%	6.6%	7.1%	6.5%	5.8%
Effective tax rate	-	-	-	-	-	-
Return on assets	-18.6%	-2.6%	-4.7%	-3.0%	-2.9%	-2.6%
Return on equity	-36.0%	-5.0%	-9.2%	-5.8%	-5.3%	-5.0%
Return on invested capital	-	-	-	-	-	-
Liquidity
Current ratio	1.56	1.47	1.52	1.29	1.88	1.98
Quick ratio	1.56	1.47	1.52	1.29	1.88	1.98
Cash ratio	0.46	0.34	0.55	0.44	0.75	0.83
Leverage
Debt / Equity	-	-	-	-	-	-
Debt / Assets	-	-	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-
Interest coverage	-4.2x	-1.2x	-0.5x	-0.1x	-0.3x	-0.9x
Equity multiplier	1.93	1.88	1.94	1.89	1.85	1.91
Liabilities / Assets	-	-	-	-	-	-
Efficiency
Asset turnover	0.25	0.18	0.14	0.13	0.12	0.14
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	50d	58d	66d	69d	70d	68d
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	37d	42d	59d	61d	49d	35d
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	-	-	-	-	-	-
P / B	0.5x	0.3x	0.5x	0.3x	0.2x	-
P / S	1.0x	1.0x	1.7x	1.2x	0.7x	-
EV / EBITDA	-	9.0x	9.8x	3.6x	1.1x	-
Growth
Revenue growth (YoY)	12.5%	24.4%	10.0%	0.7%	-18.9%	2.1%
Revenue CAGR (3y)	15.5%	11.3%	-3.5%	-5.9%	-15.0%	2.0%
Revenue CAGR (5y)	4.7%	2.7%	-7.4%	-2.8%	-9.3%	-15.7%
Gross profit growth (YoY)	17.7%	56.6%	-5.6%	4.3%	-25.4%	21.5%
Operating income growth (YoY)	-460.4%	-28.3%	-948.4%	72.3%	77.3%	31.6%
Net income growth (YoY)	-469.3%	46.3%	-53.6%	-4.9%	-4.4%	54.8%
EPS growth (YoY)	-300.0%	38.7%	-39.3%	3.3%	-	-
EPS CAGR (3y)	-	-	-	-	-	-
EPS CAGR (5y)	-	-	-	-	-	-
FCF growth (YoY)	224.4%	-	2.2%	-	175.9%	-
FCF CAGR (5y)	36.3%	-	-	-	-8.3%	-37.9%
Book value growth (YoY)	-21.2%	-1.3%	-3.5%	-3.7%	-2.0%	-3.6%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Product / service

$2.27B total

Ultra Deepwater Floaters$1.64B · 71.9%

Harsh Environment Floaters$639.00M · 28.1%

Geographic

$3.96B total

US$1.64B · 41.2%

BR$872.00M · 22.0%

Other Geographical$819.00M · 20.7%

NO$639.00M · 16.1%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

5/9

Neutral

✗Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
-Long-term debt decreased
✓Current ratio improved
✗No share dilution
✓Gross margin improved
✓Asset turnover improved

Peer comparison

Same SIC group: Drilling Oil & Gas Wells

Company	Revenue (last FY)	Net margin	ROE
HP	$3.75B	-4.4%	-5.9%
NE	$3.29B	6.6%	4.8%
PTEN	$4.83B	-1.9%	-2.9%
VAL	$2.37B	41.5%	31.0%
ICD	-	-	-

Comparing Transocean Ltd. against the 5 most active filers in the same SIC group.

Dividends

$0.00/share trailing 12 months

Ex-date	Per share
Aug 21, 2015	$0.1500
May 27, 2015	$0.1500
Feb 18, 2015	$0.7500
Nov 12, 2014	$0.7500
Aug 20, 2014	$0.7500
May 28, 2014	$0.7500
Feb 19, 2014	$0.5600
Nov 13, 2013	$0.5600
Aug 21, 2013	$0.5600
May 29, 2013	$0.5600
Feb 22, 2012	$0.7900
Nov 22, 2011	$0.7900
Aug 24, 2011	$0.7900
May 18, 2011	$0.7900
Nov 27, 2007	$33.0300
May 28, 2002	$0.0429
Feb 27, 2002	$0.0429
Nov 28, 2001	$0.0429
Aug 29, 2001	$0.0429
May 30, 2001	$0.0429
Feb 28, 2001	$0.0429
Nov 29, 2000	$0.0429
Aug 30, 2000	$0.0429
May 31, 2000	$0.0429