Transocean Ltd. (RIG)

Transocean Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,946	2,832	2,575	2,556	3,152	3,088
Revenue Growth (YoY)	11.68%	9.98%	0.74%	-18.91%	2.07%	2.32%
Cost of Revenue	2,100	1,986	1,679	1,697	2,000	2,140
Gross Profit	846	846	896	859	1,152	948
Selling, General & Admin	194	187	182	167	183	193
Other Operating Expenses	823	984	745	804	1,462	1,476
Operating Expenses	1,017	1,171	927	971	1,645	1,669
Operating Income	-171	-325	-31	-112	-493	-721
Interest Expense / Income	514	646	561	447	575	660
Other Expense / Income	-65	-30	-30	-88	-528	-185
Pretax Income	-620	-941	-562	-471	-540	-1,196
Income Tax	-229	13	59	121	27	59
Net Income	-391	-954	-621	-592	-567	-1,255
Shares Outstanding (Basic)	819	768	699	637	615	612
Shares Outstanding (Diluted)	955	768	699	637	615	612
Shares Change	31.18%	9.87%	9.73%	3.58%	0.49%	30.77%
EPS (Basic)	-0.49	-1.24	-0.89	-0.93	-0.92	-2.05
EPS (Diluted)	-0.50	-1.24	-0.89	-0.93	-0.92	-2.05
Free Cash Flow	-304	-263	-269	367	133	-47
Free Cash Flow Per Share	-0.37	-0.34	-0.39	0.58	0.22	-0.08
Gross Margin	28.72%	29.87%	34.80%	33.61%	36.55%	30.70%
Operating Margin	-5.80%	-11.48%	-1.20%	-4.38%	-15.64%	-23.35%
Profit Margin	-13.27%	-33.69%	-24.12%	-23.16%	-17.99%	-40.64%
Free Cash Flow Margin	-10.32%	-9.29%	-10.45%	14.36%	4.22%	-1.52%
EBITDA	641	449	734	718	816	319
EBITDA Margin	21.76%	15.85%	28.50%	28.09%	25.89%	10.33%
Depreciation & Amortization	747	744	735	742	781	855
EBIT	-106	-295	-1	-24	35	-536
EBIT Margin	-3.60%	-10.42%	-0.04%	-0.94%	1.11%	-17.36%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).