RIG
Transocean Ltd
NYSE: RIG · ENERGY · OIL & GAS DRILLING
$6.96
+2.50% today
Updated 2026-04-29
Market cap
$7.70B
P/E ratio
—
P/S ratio
1.94x
EPS (TTM)
$-3.04
Dividend yield
—
52W range
$2 – $7
Volume
37.3M
Transocean Ltd (RIG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.88B | $6.38B | $12.67B | $11.56B | $9.58B | $9.14B | $9.20B | $9.48B | $9.17B | $7.39B | $4.16B | $2.97B | $3.02B | $3.09B | $3.15B | $2.56B | $2.58B | $2.83B | $3.52B | $3.96B |
| Revenue growth (YoY) | — | +64.3% | +98.7% | -8.8% | -17.1% | -4.5% | +0.6% | +3.1% | -3.3% | -19.5% | -43.7% | -28.6% | +1.5% | +2.3% | +2.1% | -18.9% | +0.7% | +10.0% | +24.4% | +12.5% |
| Cost of revenue | $2.15B | $2.78B | $5.36B | $5.14B | $5.12B | $6.96B | $5.10B | $5.56B | $5.10B | $3.74B | $1.93B | $1.39B | $1.80B | $2.13B | $1.98B | $1.69B | $1.67B | $1.96B | $2.17B | $3.06B |
| Gross profit | $1.73B | $3.60B | $7.32B | $6.42B | $4.46B | $2.19B | $3.84B | $3.69B | $4.08B | $3.64B | $2.23B | $1.34B | $1.22B | $957.00M | $1.17B | $871.00M | $907.00M | $872.00M | $1.35B | $900.00M |
| Gross margin | 44.5% | 56.4% | 57.7% | 55.5% | 46.5% | 23.9% | 41.8% | 38.9% | 44.5% | 49.3% | 53.6% | 45.1% | 40.4% | 31.0% | 37.2% | 34.1% | 35.2% | 30.8% | 38.3% | 22.7% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $90.00M | $142.00M | $199.00M | $209.00M | $247.00M | $288.00M | $282.00M | $286.00M | $234.00M | $193.00M | $172.00M | $156.00M | $188.00M | $193.00M | $183.00M | $167.00M | $182.00M | $187.00M | $214.00M | $195.00M |
| Operating income | $1.64B | $3.24B | $5.36B | $4.40B | $1.87B | $-4.78B | $2.44B | $2.22B | $-1.35B | $1.36B | $1.11B | $-2.50B | $-1.25B | $-721.00M | $-493.00M | $-112.00M | $-31.00M | $-325.00M | $-417.00M | $705.00M |
| Operating margin | 42.3% | 50.8% | 42.3% | 38.1% | 19.5% | -52.2% | 26.5% | 23.4% | -14.7% | 18.5% | 26.6% | -84.3% | -41.5% | -23.3% | -15.6% | -4.4% | -1.2% | -11.5% | -11.8% | 17.8% |
| EBITDA | $2.04B | $3.74B | $5.91B | $5.87B | $3.63B | $-3.38B | $3.52B | $3.38B | $3.85B | $3.45B | $2.08B | $1.19B | $1.18B | $952.00M | $1.18B | $930.00M | $844.00M | $732.00M | $1.14B | $-1.73B |
| EBITDA margin | 52.6% | 58.6% | 46.6% | 50.8% | 37.9% | -36.9% | 38.3% | 35.7% | 42.0% | 46.7% | 49.9% | 40.0% | 39.2% | 30.8% | 37.4% | 36.4% | 32.8% | 25.8% | 32.3% | -43.7% |
| EBIT | $1.64B | $3.33B | $5.17B | $4.69B | $2.14B | $-4.78B | $2.44B | $2.29B | $2.73B | $2.50B | $1.19B | $358.00M | $254.00M | $-90.00M | $184.00M | $-32.00M | $-8.00M | $-64.00M | $395.00M | $-2.39B |
| Interest expense | $0.00 | $0.00 | $640.00M | $484.00M | $567.00M | $621.00M | $723.00M | $584.00M | $483.00M | $432.00M | $409.00M | $491.00M | $620.00M | $660.00M | $575.00M | $447.00M | $561.00M | $646.00M | $362.00M | $555.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.39B | $3.13B | $4.20B | $3.18B | $961.00M | $-5.72B | $-219.00M | $1.41B | $-1.91B | $791.00M | $782.00M | $-3.13B | $-2.00B | $-1.26B | $-568.00M | $-591.00M | $-621.00M | $-954.00M | $-512.00M | $-2.92B |
| Net income growth (YoY) | — | +126.1% | +34.2% | -24.3% | -69.8% | -695.7% | +96.2% | +742.5% | -236.0% | +141.3% | -1.1% | -499.9% | +36.2% | +37.0% | +54.8% | -4.0% | -5.1% | -53.6% | +46.3% | -469.3% |
| Profit margin | 35.7% | 49.1% | 33.2% | 27.5% | 10.0% | -62.6% | -2.4% | 14.8% | -20.9% | 10.7% | 18.8% | -105.2% | -66.1% | -40.7% | -18.0% | -23.1% | -24.1% | -33.7% | -14.5% | -73.5% |