Transocean Ltd.

RIG Energy Oil & Gas Drilling

Transocean Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $4.0 billion, up 12.5% from fiscal 2024.

Revenue
−8.85%
EPS
+101.2%
Free cash flow
−49.4%
Total debt
−19.3%

Quarter to September 2026, against a year earlier

5.32 0.22 +4.31%
Market cap
$5.7B
P/E
20.3×
Fwd P/E
22.1×
Dividend yield
—
F-score
5/9
Altman Z
−0.53
Beneish M
−3.54
Dividend safety
n/a

Transocean Ltd. (RIG) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Transocean Ltd. (RIG) trades at a EV/EBITDA of 6.9×. Over the past ten years it has ranged from 0.0× (September 2026) to 179× (September 2017); the current reading is higher than 46% of that period. That is in line with the Oil & Gas Drilling industry median of 6.7× and above the Energy sector median of 6.2×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 0.0× —
FY2024 24.1× 12.06%
FY2023 21.5× 95.75%
FY2022 11.0× 27.81%
FY2021 8.6× (43.65%)
FY2020 15.2× (56.01%)
FY2019 34.7× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 5.3× 19.48%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 7.0× —
Jun 2026 0.0× —
Mar 2026 0.0× —
Dec 2025 0.0× —
43 more quarters

Against its own ten years

Low 0.0× High 179×
Ten-year median 9.1×
Current reading's percentile 46

EV/EBITDA against peers

Company EV/EBITDA
SOC Sable Offshore Corp. compare n/m
NBR Nabors Industries Ltd. compare 2.3×
PTEN Patterson-UTI Energy, Inc. compare 5.1×
HP Helmerich & Payne, Inc. compare 6.1×
SDRL Seadrill Limited compare 6.6×
RIG Transocean Ltd. 6.9×
NE Noble Corporation PLC compare 8.6×
BORR Borr Drilling Limited compare 8.8×
VAL Valaris Limited compare 23.2×
Oil & Gas Drilling industry median 6.7×
Energy sector median 6.2×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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