8 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 | $1.1B | -$77M | 0.0% | 4.3% | — | $613M | $339M |
| 2024 | $1.0B | $446M | 0.0% | 40.8% | — | $610M | $478M |
| 2023 | $1.2B | $300M | 0.0% | 28.5% | — | $608M | $697M |
| 2022 | $574M | $201M | 0.0% | 6.1% | -$149M | $518M | $480M |
| 2021 | $663M | -$587M | 0.0% | -23.5% | -$238M | $0 | $293M |
| 2020 | $605M | -$4.7B | 0.0% | -740.7% | -$557M | $5.5B | $485M |
| 2019 | $863M | -$1.2B | 0.0% | -34.3% | -$409M | $6.6B | $485M |
| 2017 | $1.9B | -$3.0B | 0.0% | -38.6% | $249M | $8.7B | $1.3B |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $277M | -$7M | 0.0% | 8.7% | — | $614M | $304M |
| Dec '25 | $273M | -$10M | 0.0% | -1.1% | — | $613M | $339M |
| Sep '25 | $280M | -$11M | 0.0% | 9.3% | — | $612M | $402M |
| Jun '25 | $288M | -$42M | 0.0% | 2.1% | — | $612M | $393M |
| Mar '25 | $248M | -$14M | 0.0% | 7.3% | — | $611M | $404M |
| Dec '24 | $204M | $101M | 0.0% | -1.5% | — | $610M | $478M |
| Sep '24 | $263M | $32M | 0.0% | 17.9% | — | — | — |
| Jun '24 | $267M | $253M | 0.0% | 107.9% | — | $609M | $835M |
| Mar '24 | $275M | $60M | 0.0% | 29.1% | — | — | — |
| Jun '23 | $329M | — | 0.0% | 33.1% | — | $355M | $412M |
| Jun '22 | $248M | — | 0.0% | 10.1% | -$71M | $968M | $336M |
| Feb '22 | $124M | $3.7B | 0.0% | 29.8% | -$78M | — | — |
| Jun '21 | $164M | — | 0.0% | -139.0% | — | — | $428M |
| Jun '20 | $189M | -$181M | 0.0% | -46.6% | — | $6.8B | $849M |
| Jun '19 | $253M | -$203M | 0.0% | -28.9% | — | $6.8B | $1.3B |
How the market has priced SDRL 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, Seadrill Ltd's revenue has grown 12.5% per year. These are computed facts, not advice.
As of FY2025, Seadrill Ltd reported $613M of total debt against $339M of cash; operating income covered interest expense 0.8×.
In FY2025, gross margin was —, operating margin 4.3%, and net margin -7.1%.
As of Jun '26, Seadrill Ltd traded at a price-to-earnings ratio of about 4.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
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.