Transocean Ltd. financials
Source: EDGAR filings · Built 2026-06-02T03:56:49Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 614.00M | 186.00M | -263.00M | -272.00M | 334.00M | 98.00M |
| EBITDA | -1.68B | 322.00M | 419.00M | 704.00M | 630.00M | 288.00M |
| Working Capital | 745.00M | 789.00M | 729.00M | 450.00M | 1.14B | 1.35B |
| Net Debt | 5.13B | 6.42B | 6.77B | 6.77B | 6.31B | 6.78B |
| Gross Margin | 39.32% | 37.60% | 29.87% | 34.80% | 33.61% | 36.55% |
| Operating Margin | -58.94% | -11.83% | -11.48% | -1.20% | -4.38% | -15.64% |
| Net Margin | -73.52% | -14.53% | -33.69% | -24.12% | -23.16% | -17.99% |
| Return on Equity (ROE) | -35.95% | -4.98% | -9.16% | -5.75% | -5.28% | -4.96% |
| Return on Assets (ROA) | -18.64% | -2.64% | -4.71% | -3.04% | -2.86% | -2.60% |
| Current Ratio | 1.56× | 1.47× | 1.52× | 1.29× | 1.88× | 1.98× |
| Debt-to-Equity | 0.71× | 0.68× | 0.72× | 0.69× | 0.65× | 0.69× |
| Effective Tax Rate | 1.12% | 2.10% | -1.38% | -10.50% | -25.74% | -4.99% |
| Cash Conversion Ratio | -0.26× | -0.87× | -0.17× | -0.72× | -0.97× | -0.70× |
| Accruals Ratio | -0.23× | -0.05× | -0.06× | -0.05× | -0.06× | -0.04× |
| SBC % of Revenue | 0.88% | 1.33% | 1.41% | 1.13% | 1.10% | 0.98% |
| CapEx Coverage | 5.55× | 1.71× | 0.38× | 0.62× | 2.39× | 1.33× |
| Free Cash Flow Per Share | $0.64 | $0.20 | $-0.34 | $-0.39 | $0.52 | $0.16 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/FCF | 6.46× | 18.65× | — | — | 5.26× | 14.50× |
| FCF Yield | 15.49% | 5.36% | — | — | 19.00% | 6.90% |
| EV / EBITDA | — | 30.13× | 28.42× | 14.29× | 12.89× | 28.46× |
| P/S | 1.15× | 0.93× | 1.81× | 1.28× | 0.71× | 0.45× |
| P/B | 0.56× | 0.32× | 0.49× | 0.31× | 0.16× | 0.12× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 3.96B | 3.52B | 2.83B | 2.58B | 2.56B | 3.15B |
| Cost of Goods and Services Sold | 2.41B | 2.20B | 1.99B | 1.68B | 1.70B | 2.00B |
| Operating Income (Loss) | -2.34B | -417.00M | -325.00M | -31.00M | -112.00M | -493.00M |
| Income Tax Expense (Benefit) | -33.00M | -11.00M | 13.00M | 59.00M | 121.00M | 27.00M |
| Net Income (Loss) Attributable to Parent | -2.92B | -512.00M | -954.00M | -621.00M | -592.00M | -567.00M |
| Earnings Per Share, Basic | $-3.04 | $-0.60 | $-1.24 | $-0.89 | $-0.93 | $-0.92 |
| Weighted Average Number of Shares Outstanding, Basic | 960.00M | 850.00M | 768.00M | 699.00M | 637.00M | 615.00M |
| Earnings Per Share, Diluted | $-3.04 | $-0.76 | $-1.24 | $-0.89 | $-0.93 | $-0.92 |
| Weighted Average Number of Shares Outstanding, Diluted | 960.00M | 925.00M | 768.00M | 699.00M | 637.00M | 615.00M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 620.00M | 560.00M | 762.00M | 683.00M | 976.00M | 1.15B |
| Assets, Current | 2.08B | 2.45B | 2.13B | 2.01B | 2.44B | 2.74B |
| Assets | 15.64B | 19.37B | 20.25B | 20.44B | 20.68B | 21.80B |
| Liabilities, Current | 1.34B | 1.66B | 1.40B | 1.56B | 1.30B | 1.39B |
| Stockholders' Equity Attributable to Parent | 8.11B | 10.28B | 10.41B | 10.79B | 11.21B | 11.43B |
| Common Stock, Shares, Outstanding | 1.10B | 875.83M | 809.03M | 721.89M | 655.51M | 615.14M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 749.00M | 447.00M | 164.00M | 448.00M | 575.00M | 398.00M |
| Payments to Acquire Property, Plant, and Equipment | 123.00M | 254.00M | 427.00M | 717.00M | 208.00M | 265.00M |
| Net Cash Provided by (Used in) Investing Activities | -33.00M | -151.00M | -423.00M | -757.00M | -233.00M | -257.00M |
| Net Cash Provided by (Used in) Financing Activities | -660.00M | -350.00M | 263.00M | -112.00M | -490.00M | -930.00M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 136.00M | 321.00M | 305.00M | 70.00M | -34.00M | 177.00M |
| EBITDA | 430.00M | 387.00M | -1.52B | -789.00M | 240.00M | 310.00M |
| Working Capital | 618.00M | 745.00M | 182.00M | 418.00M | 548.00M | 789.00M |
| Net Debt | 4.94B | 5.13B | 5.39B | 6.17B | 6.38B | 6.42B |
| Gross Margin | 43.94% | 41.99% | 43.19% | 39.37% | 31.79% | 39.18% |
| Operating Margin | 26.55% | 23.01% | -163.13% | -97.57% | 7.06% | 13.66% |
| Net Margin | 6.57% | 2.40% | -187.06% | -94.94% | -8.72% | 0.74% |
| Return on Equity (ROE) | 0.87% | 0.31% | -23.81% | -10.03% | -0.77% | 0.07% |
| Return on Assets (ROA) | 0.47% | 0.16% | -11.89% | -5.27% | -0.42% | 0.04% |
| Current Ratio | 1.54× | 1.56× | 1.08× | 1.26× | 1.33× | 1.47× |
| Debt-to-Equity | 0.64× | 0.71× | 0.77× | 0.70× | 0.65× | 0.68× |
| Effective Tax Rate | -317.65% | 69.51% | -1.37% | 14.18% | -97.50% | 88.71% |
| Cash Conversion Ratio | 2.31× | 13.96× | -0.21× | -0.16× | -0.33× | 29.43× |
| Accruals Ratio | -0.01× | -0.02× | -0.14× | -0.06× | -0.01× | -0.01× |
| SBC % of Revenue | 0.74% | 0.86% | 2.53% | 1.62% | 0.88% | 0.95% |
| CapEx Coverage | 5.86× | 12.46× | 4.21× | 1.83× | 0.43× | 7.10× |
| Free Cash Flow Per Share | $0.12 | $0.33 | $0.32 | $0.08 | $-0.04 | $0.19 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| EV / EBITDA | — | — | — | — | 24.17× | 30.13× |
| P/S | 1.77× | 1.15× | 0.89× | 0.62× | 0.76× | 0.93× |
| P/B | 0.90× | 0.56× | 0.43× | 0.25× | 0.27× | 0.32× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 1.08B | 1.04B | 1.03B | 988.00M | 906.00M | 952.00M |
| Cost of Goods and Services Sold | 606.00M | 605.00M | 584.00M | 599.00M | 618.00M | 579.00M |
| Operating Income (Loss) | 287.00M | 240.00M | -1.68B | -964.00M | 64.00M | 130.00M |
| Income Tax Expense (Benefit) | -54.00M | 57.00M | 26.00M | -155.00M | 39.00M | 55.00M |
| Net Income (Loss) Attributable to Parent | 71.00M | 25.00M | -1.92B | -938.00M | -79.00M | 7.00M |
| Earnings Per Share, Basic | $0.06 | $0.19 | $-2.00 | $-1.06 | $-0.09 | $0.02 |
| Weighted Average Number of Shares Outstanding, Basic | 1.11B | 960.00M | 961.00M | 888.00M | 883.00M | 850.00M |
| Earnings Per Share, Diluted | $0.06 | $0.19 | $-2.00 | $-1.06 | $-0.11 | $-0.11 |
| Weighted Average Number of Shares Outstanding, Diluted | 1.12B | 960.00M | 961.00M | 888.00M | 958.00M | 925.00M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 330.00M | 620.00M | 833.00M | 377.00M | 263.00M | 560.00M |
| Assets, Current | 1.77B | 2.08B | 2.42B | 2.00B | 2.20B | 2.45B |
| Assets | 15.15B | 15.64B | 16.17B | 17.81B | 19.02B | 19.37B |
| Liabilities, Current | 1.15B | 1.34B | 2.23B | 1.58B | 1.66B | 1.66B |
| Stockholders' Equity Attributable to Parent | 8.19B | 8.11B | 8.08B | 9.35B | 10.21B | 10.28B |
| Common Stock, Shares, Outstanding | 1.11B | 1.10B | 1.10B | 902.25M | 883.26M | 875.83M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 164.00M | 349.00M | 400.00M | 154.00M | 26.00M | 206.00M |
| Payments to Acquire Property, Plant, and Equipment | 28.00M | 28.00M | 95.00M | 84.00M | 60.00M | 29.00M |
| Net Cash Provided by (Used in) Investing Activities | 10.00M | 14.00M | -47.00M | -70.00M | -58.00M | -27.00M |
| Net Cash Provided by (Used in) Financing Activities | -556.00M | -616.00M | -44.00M | -253.00M | -218.00M | -38.00M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (RIG CIK 0001451505),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.