Transocean Ltd. (RIG)

NYSE: RIG · Real-Time Price · USD

5.81

+0.01 (0.17%)

At close: Aug 31, 2026, 4:00 PM EDT

5.84

+0.03 (0.52%)

After-hours: Aug 31, 2026, 7:59 PM EDT

Transocean Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,118	3,965	3,524	2,832	2,575	2,556
Revenue Growth	8.54%	12.51%	24.44%	9.98%	0.74%	-18.91%
Gross Profit	1,715	1,559	1,350	872	907	871
Operating Income	936	706	395	-64	-8	-32
Net Income	-1,657	-2,915	-512	-954	-621	-592
Earnings Per Share	-1.55	-3.04	-0.76	-1.24	-0.89	-0.93
EPS Growth	-	-	-	-	-	-

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
United States (U.S.)	1,610	1,635	1,566	1,433	1,135	1,098
Brazil	858	872	727	298	240	237
Norway	696	639	654	603	835	790
Other Countries	920	819	577	498	365	431
Total	4,118	3,965	3,524	2,832	2,575	2,556

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	509	620	560	762	683	976
Total Debt	5,119	5,971	7,247	7,852	7,817	7,693
Net Cash (Debt)	-4,610	-5,351	-6,687	-7,090	-7,134	-6,717
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-4.29	-5.57	-7.23	-9.23	-10.21	-10.54

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	995	749	447	164	448	575
Capital Expenditures	-91	-123	-254	-427	-717	-208
Free Cash Flow	904	626	193	-263	-269	367
Free Cash Flow Growth	136.03%	224.35%	-	-	-	175.94%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	41.65%	39.32%	38.31%	30.79%	35.22%	34.08%
Operating Margin	22.73%	17.81%	11.21%	-2.26%	-0.31%	-1.25%
Pretax Margin	-39.19%	-74.35%	-14.84%	-33.23%	-21.83%	-18.39%
Profit Margin	-40.24%	-73.52%	-14.53%	-33.69%	-24.12%	-23.16%
FCF Margin	21.95%	15.79%	5.48%	-9.29%	-10.45%	14.36%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 1, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Forward PE	32.49	22.00	53.96	201.83	69.09	69.09
P/FCF Ratio	7.18	7.27	17.02	-	-	4.93
PS Ratio	1.58	1.15	0.93	1.81	1.28	0.71