Saturday 17 October 2026 Export RIG’s income statement to Excel — free account

Transocean Ltd.

Transocean Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $4.0 billion, up 12.5% from fiscal 2024. In the quarter to June 2026, revenue fell 2.23%, EPS grew 114.2%, free cash flow grew 90.2% and total debt fell 21.9%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.

5.63 0.12 +2.18%

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Market cap: $6.2B
P/E: 0.0×
Fwd P/E: 31.8×
Dividend yield: —
F-score: 5/9
Altman Z: −0.53
Beneish M: −3.57
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 18.26

Total sells 4.84

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	3	—	—	—	—	—	—	—	1	—	—	—
Sell	2	2	2	—	1	—	1	—	—	—	—	—

Insider Ownership 9.82%

Capital & Financial Ratios $m

Market Cap 6,150.00

Revenue 4,118.00

Net Income (1,657.00)

Free Cash Flow 920.00

Net Debt 4,324.00

Current Ratio 1.59

Debt/Equity 0.61

P/E ratio 0.00

Fwd P/E 31.80

P/S ratio 1.53

P/B ratio 0.75

Past 5Y EPS Growth —

This Y EPS Growth 486.85%

Next Y EPS Growth 23.07%

Next Y revenue growth (0.63%)

Next 5Y EPS Growth 115.86%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 77.96%

10-year low 10-year high

P/B against its own 10 years 96.39%

10-year low 10-year high

EV/Sales against its own 10 years 36.01%

10-year low 10-year high

EV/FCF against its own 10 years 18.80%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2027	Powerpack
2026	Powerpack
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	995	941	997	795
Receivables	512	564	540	604
Inventory	426	439	378	379
Other	193	508	166	134
	2,126	2,452	2,081	1,912

	2023	2024	2025	Q'26
Payables	323	255	242	283
ST’ Debt	370	686	445	397
Other	681	691	627	514
	1,397	1,663	1,336	1,203

Compound Annual Growth %

	10y	5y	3y
Sales	(6.03%)	4.70%	15.48%
Cash Flow	(14.15%)	13.48%	18.69%
Earnings	0.00%	0.00%	0.00%
Book Value	(5.97%)	(6.65%)	(9.09%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,081	966	—	—	—
’25	906	988	1,028	1,043	3,965
’24	763	861	948	952	3,524
’23	649	729	713	741	2,832
’22	586	692	691	606	2,575
’21	653	656	626	621	2,556
’20	759	930	773	690	3,152

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	164	236	—	—	—
’25	26	128	246	349	749
’24	(86)	133	194	206	447
’23	(47)	157	(44)	98	164
’22	(1)	41	230	178	448
’21	96	153	141	185	575
’20	(48)	87	81	278	398

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	161	213	—	—	—
’25	(32)	112	269	277	626
’24	(125)	56	184	78	193
’23	(127)	80	(84)	(132)	(263)
’22	(106)	(71)	143	(228)	(262)
’21	43	113	105	115	376
’20	(154)	43	28	240	157

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.06	0.14	—	—	—
’25	(0.08)	(1.06)	(2.00)	0.02	(3.04)
’24	0.11	(0.15)	(0.58)	(0.11)	(0.55)
’23	(0.64)	(0.22)	(0.28)	(0.13)	(1.24)
’22	(0.26)	(0.10)	(0.04)	(0.48)	(0.89)
’21	(0.16)	(0.17)	(0.20)	(0.40)	(0.93)
’20	(0.64)	(0.81)	0.51	(0.06)	(0.92)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	7.67	7.20	6.19	3.76	0.65	2.25	2.32	4.16	3.40	1.97	Analyst estimates 2026–2028 Powerpack
	High	16.66	16.16	14.47	9.79	7.28	5.13	5.56	8.88	6.88	4.56
People
People	Employees	5,400	4,900	6,700	6,600	5,350	5,530	5,340	5,800	5,800	5,600
	Revenue/emp, $m	0.77	0.61	0.45	0.47	0.59	0.46	0.48	0.49	0.61	0.71
Income, $m
Income, $m	Revenue	4,161	2,973	3,018	3,088	3,152	2,556	2,575	2,832	3,524	3,965
	Gross margin, %	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00
	EBT	934	(3,003)	(1,775)	(1,198)	(541)	(470)	(562)	(941)	(523)	(2,948)
	EBT margin, %	22.45	(101.01)	(58.81)	(38.80)	(17.16)	(18.39)	(21.83)	(33.23)	(14.84)	(74.35)
	Net income	827	(3,097)	(2,003)	(1,257)	(568)	(591)	(621)	(954)	(512)	(2,915)
	Depreciation	893	832	930	1,042	996	987	885	847	796	707
Per share, $
Per share, $	Revenue	11.34	7.60	6.45	5.05	5.13	4.01	3.68	3.69	4.15	4.13
	Earnings	2.10	(8.00)	(4.27)	(2.05)	(0.92)	(0.93)	(0.89)	(1.24)	(0.60)	(3.04)
	Cash flow	5.40	2.99	1.19	0.56	0.65	0.90	0.64	0.21	0.53	0.78
	Capex	(3.58)	(0.38)	(0.30)	(0.52)	(0.39)	(0.31)	(1.02)	(0.56)	(0.30)	(0.13)
	Free cash flow	1.81	2.62	0.89	0.04	0.26	0.59	(0.37)	(0.34)	0.23	0.65
	Book value	43.07	32.51	28.02	19.39	18.59	17.59	15.44	13.56	12.10	8.45
	Shares, m	367	391	468	612	615	637	699	768	850	960
Valuation, ×
Valuation, ×	P/E	7.27	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	1.35	1.44	1.08	1.36	0.45	0.69	1.17	1.69	0.90	1.00
	P/B	0.36	0.34	0.25	0.35	0.12	0.16	0.28	0.46	0.31	0.49
	EV/Sales	2.54	2.77	3.48	3.60	2.43	2.94	3.64	3.96	2.59	2.18
	EV/FCF	15.87	8.05	25.22	483.63	48.84	19.99	(35.78)	(42.65)	47.29	13.78
Cash, $m
Cash, $m	Operating cash flow	1,980	1,170	558	340	398	575	448	164	447	749
	Capex	(1,314)	(147)	(141)	(317)	(241)	(199)	(710)	(427)	(254)	(123)
	Free cash flow	666	1,023	417	23	157	376	(262)	(263)	193	626
Balance, $m
Balance, $m	Working capital	3,113	3,237	2,490	1,916	1,354	1,141	450	729	789	745
	Total debt	8,464	7,396	9,978	9,261	7,807	7,170	7,347	7,413	6,881	5,657
	Net debt	4,946	3,961	7,267	6,913	6,247	5,758	6,356	6,418	5,940	4,660
	Shareholders’ equity	15,805	12,711	13,114	11,867	11,435	11,206	10,792	10,416	10,285	8,108
Returns, %
Returns, %	ROA	2.87	(12.69)	(8.30)	(5.04)	(2.47)	(2.79)	(3.02)	(4.69)	(2.58)	(16.65)
	ROIC	3.33	(9.39)	(3.84)	(2.40)	(1.74)	(0.41)	(0.11)	(1.21)	(1.61)	(11.44)
	ROE	4.96	(21.93)	(15.46)	(10.05)	(4.87)	(5.23)	(5.65)	(9.00)	(4.95)	(31.70)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 2 Oct 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
NE Noble Corporation PLC	$6.9B	46.4×	29.7×	−15.20% (below 0%: shrinking)	n/m	−152.06% (below 0%: shrinking)	37.99%	4.23%	Compare
RIG Transocean Ltd.	$6.2B	— (loss-making)	31.8×	−2.23% (below 0%: shrinking)	n/m	+90.18% (above 0%: growing)	100.00%	15.73%
VAL Valaris Limited	$5.8B	6.3×	25.3×	−12.35% (below 0%: shrinking)	−54.94% (below 0%: shrinking)	−159.58% (below 0%: shrinking)	22.94%	9.48%	Compare
PTEN Patterson-UTI Energy, Inc.	$4.3B	— (loss-making)	— (loss-making)	+0.71% (above 0%: growing)	n/m	−598.20% (below 0%: shrinking)	22.85%	(0.57%)	Compare
HP Helmerich & Payne, Inc.	$3.8B	— (loss-making)	— (loss-making)	−0.58% (below 0%: shrinking)	n/m	+574.70% (above 0%: growing)	29.52%	18.19%	Compare
SDRL Seadrill Limited	$2.9B	1,575×	123×	+19.10% (above 0%: growing)	n/m	−258.33% (below 0%: shrinking)	52.12%	16.04%	Compare
BORR Borr Drilling Limited	$1.4B	— (loss-making)	— (loss-making)	−13.22% (below 0%: shrinking)	n/m	−323.94% (below 0%: shrinking)	24.62%	0.13%	Compare
NBR Nabors Industries Ltd.	$1.2B	5.3×	— (loss-making)	−2.62% (below 0%: shrinking)	n/m	+135.53% (above 0%: growing)	37.87%	7.05%	Compare
SOC Sable Offshore Corp.	$637.0M	— (loss-making)	—	—	n/m	+90.17% (above 0%: growing)	100.00%	(48.78%)	Compare
Median of peers	$3.3B	26.4×	29.7×	−2.62%	—	−155.82%	33.69%	5.64%

All 9 Oil & Gas Drilling stocks →

Transocean Ltd. (RIG) key facts

Strength: Transocean Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $4.0 billion, up 12.5% from fiscal 2024.
Transocean Ltd. (RIG) is an Oil & Gas Drilling company in the Energy sector, listed on the New York Stock Exchange.
As of October 16, 2026, RIG traded at $5.63, a market capitalization of $6.2 billion.
Return on equity was −31.7% and debt-to-equity 0.61.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is −0.53 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Oct 2, 2026.