Transocean Ltd.
Rank #422StartupRIG · NYSE · Energy
Transocean Ltd. (RIG) — Rank #422 by gross profitability (GP/assets 0.10) · ROE -34.8% · Piotroski F-Score N/A.
As-of 2026-09-28 · CIK 0001451505 · all metrics point-in-time as of the filing date.
About
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells in Switzerland and internationally.
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The company contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. It also operates a fleet of mobile offshore drilling units, consisting of ultra-deepwater floaters and harsh environment semisubmersibles. It serves integrated energy companies and their affiliates, government-owned or government-controlled energy companies, and other independent energy companies. Transocean Ltd.
was founded in 1926 and is based in Zug, Switzerland.
- Industry
- Oil & Gas Drilling
- Sector
- Energy
- State
- V8
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- deepwater.com
Financials
Each fiscal year is read as-of that year’s own 10-K filing, so nothing restated after the fact leaks backwards. Line items this filer never tagged are omitted. Hover or tap a badge for the diagnostic behind it.
| Fiscal year end | 2025-12-31filed 2026-02-23 | 2024-12-31filed 2025-02-18 | 2023-12-31filed 2024-02-21 | 2022-12-31filed 2023-02-23 |
|---|---|---|---|---|
| Revenue | 3,965.0 | 3,524.0 | 2,832.0 | 2,575.0 |
| Revenue growth (YoY) | 12.5% | 24.4% | 10.0% | 0.7% |
| Cost of revenue | 2,406.0 | 2,199.0 | 1,986.0 | 1,679.0 |
| Gross profit | 1,559.0 | 1,325.0 | 846.0 | 896.0 |
| Gross margin | 39.3% | 37.6% | 29.9% | 34.8% |
| Operating income | (2,337.0) | (417.0) | (325.0) | (31.0) |
| Operating margin | -58.9% | -11.8% | -11.5% | -1.2% |
| Interest income | 40.0 | 50.0 | 52.0 | 27.0 |
| Interest expense | — | — | 646.0 | 561.0 |
| Pre-tax income | (2,948.0) | (523.0) | (941.0) | (562.0) |
| Income tax expense | (33.0) | (11.0) | 13.0 | 59.0 |
| Net income | (2,915.0) | (512.0) | (954.0) | (621.0) |
| Net margin | -73.5% | -14.5% | -33.7% | -24.1% |
| EPS (basic) | -$3.04 | -$0.60 | -$1.24 | -$0.89 |
| EPS (diluted) | -$3.04 | -$0.76 | -$1.24 | -$0.89 |
Figures are as originally filed with the SEC (point-in-time), not restated, so they can differ slightly from sites that show later-restated numbers. Why point-in-time?