15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $4.0B | -$2.9B | 39.3% | -58.9% | $626M | — | $620M |
| 2024 | $3.5B | -$512M | 37.6% | -11.8% | $193M | — | $560M |
| 2023 | $2.8B | -$954M | 29.9% | -11.5% | -$263M | — | $762M |
| 2022 | $2.6B | -$621M | 34.8% | -1.2% | -$269M | — | $683M |
| 2021 | $2.6B | -$592M | 33.6% | -4.4% | $367M | — | $976M |
| 2020 | $3.2B | -$567M | 36.5% | -15.6% | $133M | — | $1.2B |
| 2019 | $3.1B | -$1.3B | 30.7% | -23.3% | -$47M | $9.3B | $1.8B |
| 2018 | $3.0B | -$2.0B | 40.4% | -41.5% | $374M | $10.0B | $2.2B |
| 2017 | $3.0B | -$3.1B | 53.3% | -84.3% | $673M | $7.4B | $2.5B |
| 2016 | $4.2B | $778M | 54.3% | 26.6% | $636M | $8.5B | $3.1B |
| 2015 | — | $865M | — | — | $1.4B | $8.5B | $2.3B |
| 2014 | — | -$1.8B | — | — | $55M | $10.1B | $2.6B |
| 2013 | — | $1.4B | — | — | -$320M | $10.7B | $3.2B |
| 2012 | — | -$219M | — | — | $1.4B | $12.5B | $5.1B |
| 2011 | — | -$5.8B | — | — | $851M | $13.5B | $4.0B |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $1.1B | $71M | 43.9% | 26.5% | $136M | — | $330M |
| Dec '25 | $1.0B | $25M | 42.0% | 23.0% | $321M | — | $620M |
| Sep '25 | $1.0B | -$1.9B | 43.2% | -163.1% | $235M | — | $833M |
| Jun '25 | $988M | -$938M | 39.4% | -97.6% | $104M | — | $377M |
| Mar '25 | $906M | -$79M | 31.8% | 7.1% | -$34M | — | $263M |
| Dec '24 | $952M | $7M | 39.2% | 13.7% | $177M | — | $560M |
| Sep '24 | $948M | -$494M | 40.6% | -51.2% | $136M | — | $435M |
| Jun '24 | $861M | -$123M | 38.0% | -6.9% | $49M | — | $475M |
| Mar '24 | $763M | $98M | 31.5% | -0.4% | -$169M | — | $446M |
| Dec '23 | $741M | -$104M | 23.2% | -9.6% | -$122M | — | $762M |
| Sep '23 | $713M | -$220M | 26.5% | -7.7% | -$94M | — | $594M |
| Jun '23 | $729M | -$165M | 33.6% | -5.8% | $81M | — | $821M |
| Mar '23 | $649M | -$465M | 37.0% | -24.2% | -$128M | — | $747M |
| Dec '22 | $606M | -$350M | 30.2% | -10.2% | -$231M | — | $683M |
| Sep '22 | $691M | -$28M | 40.5% | 7.7% | $143M | — | $954M |
| Jun '22 | $692M | -$68M | 37.4% | 4.0% | -$74M | — | $729M |
| Mar '22 | $586M | -$175M | 29.7% | -8.5% | -$107M | — | $911M |
| Dec '21 | $621M | -$260M | 30.8% | -6.9% | $114M | — | $976M |
| Sep '21 | $626M | -$130M | 36.4% | 0.0% | $104M | — | $900M |
| Jun '21 | $656M | -$103M | 33.8% | -0.3% | $112M | — | $988M |
How the market has priced RIG against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Transocean Ltd.'s revenue has grown 4.7% per year. These are computed facts, not advice.
As of FY2025, Transocean Ltd. reported — of total debt against $620M of cash; operating income covered interest expense -4.2×.
In FY2025, gross margin was 39.3%, operating margin -58.9%, and net margin -73.5%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.