Transocean [RIG] vs Sable Offshore [SOC] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 20 vital metrics comparison: Transocean Ltd. wins in 13 metrics, Sable Offshore Corp. wins in 3 metrics, with 0 ties. Transocean Ltd. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Transocean Ltd. Sable Offshore Corp. Better
P/E Ratio (TTM) -1.99 -3.41 Transocean Ltd.
Price-to-Book Ratio 0.82 3.98 Transocean Ltd.
Debt-to-Equity Ratio 73.64 176.44 Transocean Ltd.
PEG Ratio 35.46 4.90 Sable Offshore Corp.
EV/EBITDA 8.81 -7.77 Transocean Ltd.
Profit Margin (TTM) -73.52% 0.00% Sable Offshore Corp.
Operating Margin (TTM) 23.20% 0.00% Transocean Ltd.
EBITDA Margin (TTM) 23.20% N/A N/A
Return on Equity -31.70% -89.31% Transocean Ltd.
Return on Assets (TTM) 2.52% -15.02% Transocean Ltd.
Free Cash Flow (TTM) $626.00M $-769.33M Transocean Ltd.
1-Year Return 81.93% -52.24% Transocean Ltd.
Price-to-Sales Ratio (TTM) 1.69 N/A N/A
Enterprise Value $12.02B $3.01B Transocean Ltd.
EV/Revenue Ratio 3.03 N/A N/A
Gross Profit Margin (TTM) 85.91% N/A N/A
Revenue per Share (TTM) $4 $0 Transocean Ltd.
Earnings per Share (Diluted) $-3.04 $-4.18 Transocean Ltd.
Beta (Stock Volatility) 1.38 -0.10 Sable Offshore Corp.
Short % of Float 19.93% 21.97% Transocean Ltd.

Transocean Ltd. vs Sable Offshore Corp. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Transocean Ltd.-3.48%-5.51%-17.19%-5.97%42.89%37.50%
Sable Offshore Corp.-2.57%-19.21%-29.94%-34.28%89.29%-9.63%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Transocean Ltd.81.93%-3.05%55.67%-46.60%-90.14%-94.46%
Sable Offshore Corp.-52.24%6.56%12.51%12.16%12.16%12.16%

Performance & Financial Health Analysis: Transocean Ltd. vs Sable Offshore Corp.

MetricRIGSOC
Market Information
Market Cap i$6.71B$2.10B
Market Cap CategoryMid capMid cap
10 Day Avg. Volume i27,030,3624,036,328
90 Day Avg. Volume i33,425,1015,941,029
Last Close$5.83$10.60
52 Week Range$2.51 - $7.66$3.72 - $32.18
% from 52W High-23.89%-67.06%
All-Time High$187.98 (Nov 26, 2007)$35.00 (May 19, 2025)
% from All-Time High-96.90%-69.71%
Growth Metrics
Quarterly Revenue Growth0.10%N/A
Quarterly Earnings Growth2.57%N/A
Financial Health
Profit Margin (TTM) i-0.74%0.00%
Operating Margin (TTM) i0.23%0.00%
Return on Equity (TTM) i-0.32%-0.89%
Debt to Equity (MRQ) i73.64176.44
Cash & Liquidity
Book Value per Share (MRQ)$7.36$3.69
Cash per Share (MRQ)$0.56$0.66
Operating Cash Flow (TTM) i$749.00M$-351,702,016
Levered Free Cash Flow (TTM) i$1.05B$-667,510,720
Dividends
Last 12-Month Dividend Yield iN/AN/A
Last 12-Month Dividend i$0.00N/A

Valuation & Enterprise Metrics Analysis: Transocean Ltd. vs Sable Offshore Corp.

MetricRIG (Apr 24, 2026)SOC (Apr 24, 2026)
Price Ratios
P/E Ratio (TTM) i-1.99-3.41
Forward P/E i35.464.90
PEG Ratio i35.464.90
Price to Sales (TTM) i1.69N/A
Price to Book (MRQ) i0.823.98
Market Capitalization
Market Capitalization i$6.71B$2.10B
Enterprise Value i$12.02B$3.01B
Enterprise Value Metrics
Enterprise to Revenue i3.03N/A
Enterprise to EBITDA i8.81-7.77
Risk & Other Metrics
Beta i1.38-0.10
Book Value per Share (MRQ) i$7.36$3.69

Financial Statements Comparison: Transocean Ltd. vs Sable Offshore Corp.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricRIG (2025)SOC (2025)
Revenue/Sales i3.97B0
Cost of Goods Sold i659.00M12.89M
COGS % of Revenue i16.6%-
Gross Profit i3.31B-12.89M
Gross Margin i83.4%-
Research & Development iN/AN/A
Operating Income (EBIT) i705.00M-408.28M
Operating Margin i17.8%-
EBITDA i1.31B-384.94M
EBITDA Margin i32.9%-
Pre-Tax Income i-2.95B-398.49M
Pre-Tax Income % of Revenue i-74.4%-
Income Tax i-33.00M11.67M
Income Tax % of Revenue i-0.8%-
Net Income (Profit) i-2.92B-410.16M
Profit Margin i-73.5%-

Balance Sheet & Liquidity Metrics

MetricRIG (2025)SOC (2025)
Cash & Equivalents i620.00M97.68M
Total Current Assets i2.08B135.70M
Total Current Assets % of Revenue i52.5%-
Total Current Liabilities i1.34B1.02B
Total Current Liabilities % of Revenue i33.7%-
Long-Term Debt i5.47B19.34M
Long-Term Debt % of Revenue i137.9%-
Total Shareholders Equity i8.11B534.30M
Retained Earnings i-7.46B-1.11B
Retained Earnings % of Revenue i-188.1%-
Property, Plant & Equipment iN/AN/A

Cash Flow Statement Comparison

MetricRIG (2025)SOC (2025)
Operating Cash Flow i-2.29B-254.96M
Operating Cash Flow % of Revenue i-57.8%-
Capital Expenditures iN/AN/A
Free Cash Flow i626.00M-769.33M
FCF Margin i15.8%-
Debt Repayment i-1.56B0
Common Stock Repurchase iN/AN/A

Short Interest & Institutional Ownership Analysis

MetricRIGSOC
Shares Short i200.61M24.62M
Short Ratio i5.223.01
Short % of Float i19.93%21.97%
Shares Outstanding i1.10B144.96M
Float Shares i903.92M75.10M
% Held by Insiders i13.07%14.95%
% Held by Institutions i74.77%96.47%
% Held by Public i12.16%-11.42%

Dividend Analysis & Yield Comparison: Transocean Ltd. vs Sable Offshore Corp.

MetricRIGSOC
Last 12-Month Dividend i$0.00N/A
Last 12-Month Dividend Yield iN/AN/A
3-Year Avg Annual Dividend i$0.00N/A
3-Year Avg Dividend Yield iN/AN/A
3-Year Total Dividends i$0.00N/A
Ex-Dividend DateN/AN/A