Transocean Ltd.
RIGNYSE
$5.14
↑ +0.4%Jul 17 close · end-of-day
Price
1Y↑ +101.6%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$5.8B
Enterprise Value
$10.7B
P/E
—
P/S
1.4
P/B
0.7
EV/EBITDA
—
PEG
—
FCF Yield
13.8%
Dividend Yield
—
Revenue (TTM)
$4.1B
Net Income (TTM)
-$2.8B
Free Cash Flow (TTM)
$796.0M
Gross Margin
—
Operating Margin
-51.1%
Net Margin
-66.8%
ROE
-33.8%
ROIC
-12.7%
Debt / Equity
0.6
Net Cash
-$4.9B
Return 1Y
+97.7%
Company profile
Transocean Ltd. provides offshore contract drilling services for oil and gas wells. As of February 14, 2022, the company had partial ownership interests in and operated a fleet of 37 mobile offshore drilling units. The company was founded in 1926 and is based in Steinhausen, Switzerland.
- CEO
- Jeremy D. Thigpen
- Sector
- Mining
- Industry
- Petroleum And Natural Gas
- Employees
- 5,340
- Website
- deepwater.com
Management & directors
- Long Brady KEVP & Chief Legal Officer
- Adamson KeelanPRESIDENT AND CEO
- Mackenzie Roderick JamesEVP, Chief Commercial Officer
- Pack JasonSVP, Chief Accounting Officer
- Thigpen Jeremy DExecutive Chair
- Vayda Robert ThaddeusEVP, Chief Financial Officer
Roles derived from SEC Form 4 filings.
Earnings
RIG Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$1.1B↑ +19.3%
Diluted EPS$0.06↓ -154.5%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $3.2B | $2.6B | $2.6B | $2.8B | $3.5B | $4.0B |
| Gross profit | — | — | — | — | — | — |
| Operating income | -$493.0M | -$112.0M | -$31.0M | -$325.0M | -$417.0M | -$2.3B |
| Net income | -$567.0M | -$592.0M | -$621.0M | -$954.0M | -$512.0M | -$2.9B |
| Diluted EPS | -$0.92 | -$0.93 | -$0.89 | -$1.24 | -$0.76 | -$3.04 |
| Operating cash flow | $398.0M | $575.0M | $448.0M | $164.0M | $447.0M | $749.0M |
| Free cash flow | $133.0M | $367.0M | -$269.0M | -$263.0M | $193.0M | $626.0M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | -15.6% | -4.4% | -1.2% | -11.5% | -11.8% | -58.9% |
| Net margin | -18.0% | -23.2% | -24.1% | -33.7% | -14.5% | -73.5% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $861.0M | $948.0M | $952.0M | $906.0M | $988.0M | $1.0B | $1.0B | $1.1B |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | -$59.0M | -$485.0M | $130.0M | $64.0M | -$964.0M | -$1.7B | $240.0M | $287.0M |
| Net income | -$123.0M | -$494.0M | $7.0M | -$79.0M | -$938.0M | -$1.9B | $25.0M | $71.0M |
| Diluted EPS | -$0.15 | -$0.58 | -$0.14 | -$0.11 | -$1.06 | -$2.00 | $0.13 | $0.06 |
| Operating cash flow | $133.0M | $194.0M | $206.0M | $26.0M | $128.0M | $246.0M | $349.0M | $164.0M |
| Free cash flow | $49.0M | $136.0M | $177.0M | -$34.0M | $104.0M | $235.0M | $321.0M | $136.0M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | -6.9% | -51.2% | 13.7% | 7.1% | -97.6% | -163.1% | 23.0% | 26.5% |
| Net margin | -14.3% | -52.1% | 0.7% | -8.7% | -94.9% | -187.1% | 2.4% | 6.6% |
Company news
Jul 14, 2026
Jul 9, 2026
Jul 7, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-02 | DEATON CHAD C | Buy | 35,000 | $4.95 | $173,250.00 | filing |
| 2026-05-26 | Mohn Frederik Wilhelm | Tax withholding | 25,597 | $6.70 | $171,499.90 | filing |
| 2026-05-26 | Lacey William F. | Tax withholding | 20,934 | $6.70 | $140,257.80 | filing |
| 2026-05-26 | DEATON CHAD C | Tax withholding | 20,932 | $6.70 | $140,244.40 | filing |
| 2026-05-22 | Lacey William F. | Option exercise | 82,353 | $6.81 | $560,823.93 | filing |
| 2026-05-22 | DEATON CHAD C | Option exercise | 82,353 | $6.81 | $560,823.93 | filing |
| 2026-05-22 | Mohn Frederik Wilhelm | Option exercise | 82,353 | $6.81 | $560,823.93 | filing |
| 2026-05-21 | Long Brady K· EVP & Chief Legal Officer | Sale | 81,741 | $7.45 | $608,970.45 | filing |
| 2026-05-04 | Adamson Keelan· PRESIDENT AND CEO | Tax withholding | 71,556 | $6.82 | $488,011.92 | filing |
| 2026-05-01 | Adamson Keelan· PRESIDENT AND CEO | Option exercise | 180,931 | $0.00 | $0.00 | filing |
| 2026-03-04 | Mackenzie Roderick James· EVP, Chief Commercial Officer | Sale | 78,370 | $6.36 | $498,433.20 | filing |
| 2026-03-03 | THIGPEN JEREMY D· Executive Chair | Tax withholding | 245,556 | $6.12 | $1.5M | filing |
| 2026-03-03 | Adamson Keelan· PRESIDENT AND CEO | Tax withholding | 127,878 | $6.12 | $782,613.36 | filing |
| 2026-03-03 | Long Brady K· EVP & Chief Legal Officer | Tax withholding | 87,689 | $6.12 | $536,656.68 | filing |
| 2026-03-03 | Vayda Robert Thaddeus· EVP, Chief Financial Officer | Tax withholding | 62,970 | $6.12 | $385,376.40 | filing |
| 2026-03-03 | Mackenzie Roderick James· EVP, Chief Commercial Officer | Tax withholding | 62,886 | $6.12 | $384,862.32 | filing |
| 2026-03-03 | Pack Jason· SVP, Chief Accounting Officer | Tax withholding | 27,962 | $6.12 | $171,127.44 | filing |
| 2026-03-01 | THIGPEN JEREMY D· Executive Chair | Option exercise | 245,640 | $6.25 | $1.5M | filing |
| 2026-03-01 | THIGPEN JEREMY D· Executive Chair | Option exercise | 193,518 | $6.25 | $1.2M | filing |
| 2026-03-01 | THIGPEN JEREMY D· Executive Chair | Option exercise | 171,821 | $6.25 | $1.1M | filing |
| 2026-03-01 | Adamson Keelan· PRESIDENT AND CEO | Option exercise | 146,048 | $6.25 | $912,800.00 | filing |
| 2026-03-01 | Adamson Keelan· PRESIDENT AND CEO | Option exercise | 104,397 | $6.25 | $652,481.25 | filing |
| 2026-03-01 | Long Brady K· EVP & Chief Legal Officer | Option exercise | 98,406 | $6.25 | $615,037.50 | filing |
| 2026-03-01 | Vayda Robert Thaddeus· EVP, Chief Financial Officer | Option exercise | 93,964 | $6.25 | $587,275.00 | filing |
| 2026-03-01 | Mackenzie Roderick James· EVP, Chief Commercial Officer | Option exercise | 70,876 | $6.25 | $442,975.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.