Transocean (RIG) | Financial Analysis & Statements

Transocean Ltd. | Mid-cap | Energy

$2.71

-2.17%

Transocean vs Noble Transocean vs Sable Offshore Transocean vs Patterson-UTI Energy Transocean vs Helmerich & Payne Transocean vs Seadrill Limited Transocean vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 3.5B

Gross Profit 2.8B 79.03%

Operating Income 372.0M 10.56%

Net Income -512.0M -14.53%

EPS (Diluted) -$0.60

Balance Sheet Metrics

Total Assets 19.4B

Total Liabilities 9.1B

Shareholders Equity 10.3B

Debt to Equity 0.88

Cash Flow Metrics

Operating Cash Flow -186.0M

Free Cash Flow 193.0M

Revenue & Profitability Trend

Transocean Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	3.5B	2.8B	2.6B	2.6B	3.2B
Cost of Goods Sold	739.0M	744.0M	735.0M	742.0M	781.0M
Gross Profit	2.8B	2.1B	1.8B	1.8B	2.4B
Operating Expenses	2.4B	2.2B	1.9B	1.9B	2.2B
Operating Income	372.0M	-85.0M	-21.0M	-50.0M	188.0M
Pre-tax Income	-523.0M	-941.0M	-562.0M	-470.0M	-541.0M
Income Tax	-11.0M	13.0M	59.0M	121.0M	27.0M
Net Income	-512.0M	-954.0M	-621.0M	-591.0M	-568.0M
EPS (Diluted)	-$0.60	-$1.24	-$0.89	-$0.93	-$0.92

Income Statement Trend

Transocean Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	2.5B	2.1B	2.0B	2.4B	2.7B
Non-Current Assets	16.9B	18.1B	18.4B	18.2B	19.1B
Total Assets	19.4B	20.3B	20.4B	20.7B	21.8B
Liabilities
Current Liabilities	1.7B	1.4B	1.6B	1.3B	1.4B
Non-Current Liabilities	7.4B	8.4B	8.1B	8.2B	9.0B
Total Liabilities	9.1B	9.8B	9.6B	9.5B	10.4B
Equity
Total Shareholders Equity	10.3B	10.4B	10.8B	11.2B	11.4B

Balance Sheet Composition

Transocean Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	-512.0M	-954.0M	-621.0M	-591.0M	-568.0M
Operating Cash Flow	-186.0M	-112.0M	446.0M	476.0M	-345.0M
Investing Activities
Capital Expenditures	-	-	-	-	-
Investing Cash Flow	103.0M	4.0M	-40.0M	-25.0M	8.0M
Financing Activities
Dividends Paid	-	-	-	-	-
Financing Cash Flow	-350.0M	263.0M	-124.0M	-490.0M	-930.0M
Free Cash Flow	193.0M	-263.0M	-269.0M	367.0M	133.0M

Cash Flow Trend

Transocean Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) -4.50

Forward P/E 19.86

Price to Book 0.24

Price to Sales 0.67

PEG Ratio 19.86

Profitability Ratios

Profit Margin -18.79%

Operating Margin 6.84%

Return on Equity -6.65%

Return on Assets 1.46%

Financial Health

Current Ratio 1.33

Debt to Equity 65.11

Beta 2.53

Per Share Data

EPS (TTM) -$0.98

Book Value per Share $11.56

Revenue per Share $4.23

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
rig	2.5B	-4.50	0.24	-6.65%	-18.79%	65.11
Noble	4.6B	9.43	0.95	10.76%	14.69%	42.48
Sable Offshore	2.2B	-12.12	6.74	-200.53%	0.00%	310.93
Patterson-UTI Energy	2.3B	52.00	0.68	-24.84%	-19.78%	37.61
Helmerich & Payne	1.7B	7.78	0.58	7.58%	7.15%	75.26
Seadrill Limited	1.7B	5.00	0.57	12.75%	28.88%	21.25

Financial data is updated regularly. All figures are in the company's reporting currency.