Reading the annual reports…
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
RIG · NYSE · United States · Drilling Oil & Gas Wells
In shortTransocean Ltd. is loss-making, generates cash and carries moderate debt, with revenue growing (+12.5% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -58.9% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -73.5% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -31.7% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -16.8% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.56× | 63/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.70× | 72/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -4.21× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -1.12 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 15.8% | 83/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 3 of 5 | 50/100 |
Weight in the score: 20%
| Profitable years (last 5) | 0 of 5 | 0/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 16.2% | 51/100 |
| Operating margin volatility | 23.6% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 15.5% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 2,556 | 2,575 | 2,832 | 3,524 | 3,965 |
| Cost of revenue | 1,697 | 1,679 | 1,986 | 2,199 | 2,406 |
| Gross profit | 859 | 896 | 846 | 1,325 | 1,559 |
| Operating income | (112) | (31) | (325) | (417) | (2,337) |
| Interest expense | 447 | 561 | 646 | 362 | 555 |
| Pre-tax income | (470) | (562) | (941) | (523) | (2,948) |
| Income tax | 121 | 59 | 13 | (11) | (33) |
| Net income | (592) | (621) | (954) | (512) | (2,915) |
| Diluted EPS | −$0.93 | −$0.89 | −$1.24 | −$0.76 | −$3.04 |
| Diluted shares (millions) | 637 | 699 | 768 | 925 | 960 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
−1.12 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 7, 2026