# Transocean Ltd. (RIG)

**Exchange:** NYSE  
**Sector:** Energy  
**Market cap:** $5.77B  
**Price:** $6.01 (+2.39%)

> Transocean Ltd. is a leading offshore drilling contractor providing contract drilling services for oil and gas wells worldwide. The company operates a fleet of high-specification floaters, including ultra-deepwater drillships and harsh environment semisubmersibles, designed for challenging deepwater and complex environments. Transocean Ltd. delivers these services to major integrated energy companies, national oil companies, and independent operators across key regions such as the Gulf of Mexico, North Sea, Brazil, and West Africa. Its operations emphasize high revenue efficiency, reliable uptime performance, and best-in-class safety standards to meet customer demands for efficient exploration and production. The company maintains a substantial contract backlog, supporting stable revenue streams from long-term drilling programs. Transocean Ltd. focuses on strengthening its balance sheet through debt management and liquidity preservation, enabling sustained investment in fleet capabilities and operational excellence. Founded in 1926 and headquartered in Steinhausen, Switzerland, Transocean Ltd. plays a critical role in the global offshore energy sector, facilitating access to deepwater hydrocarbon reserves.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $3.96B | — | -$2.34B | -$2.92B | — |
| 2024 | $3.52B | — | -$417M | -$512M | — |
| 2023 | $2.83B | — | -$325M | -$954M | — |
| 2022 | $2.58B | — | -$31M | -$621M | — |
| 2021 | $2.56B | — | -$112M | -$592M | — |
| 2020 | $3.15B | — | -$493M | -$567M | — |
| 2019 | $3.09B | — | -$721M | -$1.25B | — |
| 2018 | $3.02B | — | -$1.25B | -$2.00B | — |
| 2017 | $2.97B | — | -$2.50B | -$3.13B | — |
| 2016 | $4.16B | — | $1.11B | $778M | — |
| 2015 | $7.39B | — | $1.36B | $865M | — |
| 2014 | $9.19B | — | -$1.35B | -$1.84B | — |
| 2013 | $9.25B | — | $2.22B | $1.41B | — |
| 2012 | $8.95B | — | $1.60B | -$219M | — |
| 2011 | $8.03B | — | -$4.76B | -$5.75B | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $15.64B | — | $8.11B | $620M | — |
| 2024 | $19.37B | — | $10.28B | $560M | — |
| 2023 | $20.25B | — | $10.41B | $762M | — |
| 2022 | $20.44B | — | $10.79B | $683M | — |
| 2021 | $20.68B | — | $11.21B | $976M | — |
| 2020 | $21.80B | — | $11.43B | $1.15B | — |
| 2019 | $24.11B | — | $11.86B | $1.79B | $9.26B |
| 2018 | $25.66B | — | $13.11B | $2.16B | $9.98B |
| 2017 | $22.41B | — | $12.71B | $2.52B | $7.40B |
| 2016 | $26.89B | — | $15.80B | $3.05B | $8.46B |
| 2015 | $26.43B | — | $14.69B | $2.34B | $8.49B |
| 2014 | $28.57B | — | $13.67B | $2.63B | $10.05B |
| 2013 | $32.55B | — | $16.69B | $3.24B | $10.70B |
| 2012 | $34.26B | — | $15.74B | $5.13B | $12.46B |
| 2011 | $35.03B | — | $15.64B | $4.02B | $13.54B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $749M | $123M | $626M |
| 2024 | $447M | $254M | $193M |
| 2023 | $164M | $427M | -$263M |
| 2022 | $448M | $717M | -$269M |
| 2021 | $575M | $208M | $367M |
| 2020 | $398M | $265M | $133M |
| 2019 | $340M | $387M | -$47M |
| 2018 | $558M | $184M | $374M |
| 2017 | $1.17B | $497M | $673M |
| 2016 | $1.98B | $1.34B | $636M |
| 2015 | $3.44B | $2.00B | $1.44B |
| 2014 | $2.22B | $2.17B | $55M |
| 2013 | $1.92B | $2.24B | -$320M |
| 2012 | $2.71B | $1.30B | $1.41B |
| 2011 | $1.82B | $974M | $851M |

Source: [CompaniesByCap](https://companiesbycap.com/company/RIG)