Transocean (RIG) Financials

$2.22 -0.04 (-1.77%)

As of 03:58 PM Eastern

Annual Income Statements for Transocean

This table shows Transocean's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	865	778	-3,127	-1,996	-1,255	-567	-592	-621	-954	-512
Consolidated Net Income / (Loss)	897	827	-3,097	-2,003	-1,257	-568	-591	-621	-954	-512
Net Income / (Loss) Continuing Operations	895	827	-3,097	-2,003	-1,257	-568	-591	-621	-954	-512
Total Pre-Tax Income	1,015	934	-3,003	-1,775	-1,198	-541	-470	-562	-941	-523
Total Operating Income	1,365	1,106	-2,505	-1,251	-721	-493	-112	-31	-325	-417
Total Gross Profit	4,431	2,260	1,584	1,219	948	1,152	859	896	846	1,325
Total Revenue	7,386	4,161	2,973	3,018	3,088	3,152	2,556	2,575	2,832	3,524
Operating Revenue	7,386	4,161	2,973	3,018	3,088	3,152	2,556	2,575	2,832	3,524
Total Cost of Revenue	2,955	1,901	1,389	1,799	2,140	2,000	1,697	1,679	1,986	2,199
Operating Cost of Revenue	2,955	1,901	1,389	1,799	2,140	2,000	1,697	1,679	1,986	2,199
Total Operating Expenses	3,066	1,154	4,089	2,470	1,669	1,645	971	927	1,171	1,742
Selling, General & Admin Expense	192	172	156	188	193	183	167	182	187	214
Depreciation Expense	963	893	832	818	855	781	742	735	744	739
Impairment Charge	1,875	93	1,498	1,464	609	597	0.00	0.00	57	772
Other Special Charges / (Income)	36	-4.00	1,603	0.00	12	84	62	10	183	17
Total Other Income / (Expense), net	-350	-172	-498	-524	-477	-48	-358	-531	-616	-106
Interest Expense	409	261	546	623	701	42	396	553	677	201
Interest & Investment Income	22	20	43	53	43	21	15	27	52	50
Other Income / (Expense), net	37	69	5.00	46	181	-27	23	-5.00	9.00	45
Income Tax Expense	120	107	94	228	59	27	121	59	13	-11
Basic Earnings per Share	$2.36	$2.08	($8.00)	($4.27)	($2.05)	($0.92)	($0.93)	($0.89)	($1.24)	($0.60)
Weighted Average Basic Shares Outstanding	363M	367M	391M	468M	612M	615M	637M	699M	768M	850M
Diluted Earnings per Share	$2.36	$2.08	($8.00)	($4.27)	($2.05)	($0.92)	($0.93)	($0.89)	($1.24)	($0.76)
Weighted Average Diluted Shares Outstanding	363M	367M	391M	468M	612M	615M	637M	699M	768M	925M
Weighted Average Basic & Diluted Shares Outstanding	400.50M	374M	390.90M	468M	612M	615M	656.38M	726.26M	809.03M	878.89M

This table shows Transocean's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	-28	-350	-465	-165	-220	-104	98	-123	-494	7.00
Consolidated Net Income / (Loss)	-28	-350	-465	-165	-220	-104	98	-123	-494	7.00
Net Income / (Loss) Continuing Operations	-28	-350	-465	-165	-220	-104	98	-123	-494	7.00
Total Pre-Tax Income	-33	-315	-414	-181	-263	-83	-93	33	-525	62
Total Operating Income	53	-62	-157	-42	-55	-71	-3.00	-59	-485	130
Total Gross Profit	280	183	240	245	189	172	240	327	385	373
Total Revenue	691	606	649	729	713	741	763	861	948	952
Operating Revenue	691	606	649	729	713	741	763	861	948	952
Total Cost of Revenue	411	423	409	484	524	569	523	534	563	579
Operating Cost of Revenue	411	423	409	484	524	569	523	534	563	579
Total Operating Expenses	227	245	397	287	244	243	243	386	870	243
Selling, General & Admin Expense	42	55	45	48	44	50	52	59	47	56
Depreciation Expense	182	186	182	186	192	184	185	184	190	180
Other Special Charges / (Income)	3.00	4.00	170	0.00	3.00	10	6.00	0.00	4.00	7.00
Total Other Income / (Expense), net	-86	-253	-257	-139	-208	-12	-90	92	-40	-68
Interest Expense	89	262	281	168	232	-4.00	117	-66	59	91
Interest & Investment Income	9.00	12	19	11	12	10	15	14	11	10
Other Income / (Expense), net	-6.00	-3.00	5.00	18	12	-26	12	12	8.00	13
Income Tax Expense	-5.00	35	51	-16	-43	21	-191	156	-31	55
Basic Earnings per Share	($0.04)	($0.49)	($0.64)	($0.22)	($0.28)	($0.10)	$0.12	($0.15)	($0.56)	($0.01)
Weighted Average Basic Shares Outstanding	714M	699M	728M	761M	774M	768M	819M	824M	879M	850M
Diluted Earnings per Share	($0.04)	($0.49)	($0.64)	($0.22)	($0.28)	($0.10)	$0.11	($0.15)	($0.58)	($0.14)
Weighted Average Diluted Shares Outstanding	714M	699M	728M	761M	774M	768M	955M	824M	954M	925M
Weighted Average Basic & Diluted Shares Outstanding	721.89M	726.26M	766.45M	766.66M	809.03M	809.03M	819.58M	875.47M	875.80M	878.89M

This table details how cash moves in and out of Transocean's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-296	843	-458	-386	-240	-789	-148	-421	4.00	-54
Net Cash From Operating Activities	3,445	1,980	1,170	558	340	398	575	448	164	447
Net Cash From Continuing Operating Activities	3,445	1,980	1,170	558	340	398	575	448	164	447
Net Income / (Loss) Continuing Operations	897	827	-3,097	-2,003	-1,257	-568	-591	-621	-954	-512
Consolidated Net Income / (Loss)	897	827	-3,097	-2,003	-1,257	-568	-591	-621	-954	-512
Depreciation Expense	963	893	832	818	855	781	742	735	744	739
Amortization Expense	-	-	-	112	187	215	245	150	103	57
Non-Cash Adjustments To Reconcile Net Income	2,025	-3.00	3,285	1,518	608	324	128	75	359	673
Changes in Operating Assets and Liabilities, net	-440	263	150	113	-53	-354	51	109	-88	-510
Net Cash From Investing Activities	-1,932	-1,313	-587	-797	-268	-257	-233	-757	-423	-151
Net Cash From Continuing Investing Activities	-1,932	-1,313	-587	-797	-268	-257	-233	-757	-423	-151
Purchase of Property, Plant & Equipment	-2,001	-1,344	-497	-184	-387	-265	-208	-717	-427	-254
Purchase of Investments	-	-	-450	-280	-77	-21	-34	-47	-13	-3.00
Sale of Property, Plant & Equipment	54	30	350	43	70	24	9.00	7.00	10	101
Divestitures	-	-	-	-	-	-	0.00	0.00	7.00	5.00
Net Cash From Financing Activities	-1,809	176	-1,041	-147	-312	-930	-490	-112	263	-350
Net Cash From Continuing Financing Activities	-1,809	176	-1,041	-147	-312	-930	-490	-112	263	-350
Repayment of Debt	-1,509	-2,295	-2,287	-2,135	-1,325	-1,637	-606	-554	-1,717	-2,103
Issuance of Debt	-	2,401	1,144	2,054	1,056	743	0.00	175	1,983	1,770
Issuance of Common Equity	-	-	-	-	0.00	0.00	158	275	0.00	0.00
Other Financing Activities, net	110	100	102	-66	-43	-36	-42	-8.00	-3.00	-17

This table details how cash moves in and out of Transocean's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	180	-350	-36	79	-226	187	-279	159	-75	141
Net Cash From Operating Activities	230	178	-47	157	-44	98	-86	133	194	206
Net Cash From Continuing Operating Activities	230	178	-47	157	-44	98	-86	133	194	206
Net Income / (Loss) Continuing Operations	-28	-350	-465	-165	-220	-104	98	-123	-494	7.00
Consolidated Net Income / (Loss)	-28	-350	-465	-165	-220	-104	98	-123	-494	7.00
Depreciation Expense	182	186	182	186	192	184	185	184	190	180
Amortization Expense	39	52	31	31	21	20	17	13	13	14
Non-Cash Adjustments To Reconcile Net Income	27	-2.00	225	71	18	45	22	15	621	15
Changes in Operating Assets and Liabilities, net	10	292	-20	34	-55	-47	-408	44	-136	-10
Net Cash From Investing Activities	-97	-424	-90	-73	-40	-220	-41	-73	-10	-27
Net Cash From Continuing Investing Activities	-97	-424	-90	-73	-40	-220	-41	-73	-10	-27
Purchase of Property, Plant & Equipment	-87	-409	-81	-76	-50	-220	-83	-84	-58	-29
Sale of Property, Plant & Equipment	-	3.00	1.00	3.00	6.00	-	44	7.00	48	2.00
Net Cash From Financing Activities	47	-104	101	-5.00	-142	309	-152	99	-259	-38
Net Cash From Continuing Financing Activities	47	-104	101	-5.00	-142	309	-152	99	-259	-38
Repayment of Debt	-196	-101	-1,564	-4.00	-139	-10	-151	-1,664	-258	-30
Issuance of Debt	176	-1.00	1,665	-	-1.00	319	0.00	1,767	-	3.00
Other Financing Activities, net	-3.00	-1.00	0.00	-1.00	-2.00	-	-1.00	-4.00	-1.00	-11

This table presents Transocean's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	26,431	26,889	22,410	25,665	24,105	21,804	20,681	20,436	20,254	19,371
Total Current Assets	4,798	5,098	4,606	3,948	3,640	2,740	2,444	2,008	2,126	2,452
Cash & Equivalents	2,339	3,052	2,519	2,160	1,790	1,154	976	683	762	560
Restricted Cash	340	466	466	551	558	406	436	308	233	381
Accounts Receivable	1,343	833	596	604	654	583	492	485	512	564
Inventories, net	627	561	418	474	479	434	392	388	426	439
Other Current Assets	92	121	157	159	159	163	148	144	144	165
Other Current Nonoperating Assets	-	-	-	-	-	-	-	-	49	343
Plant, Property, & Equipment, net	20,809	21,093	17,402	20,408	18,847	17,667	17,098	17,469	16,941	15,831
Plant, Property & Equipment, gross	26,265	27,372	22,693	25,811	24,281	23,040	23,152	24,217	23,875	22,417
Accumulated Depreciation	5,456	6,279	5,291	5,403	5,434	5,373	6,054	6,748	6,934	6,586
Total Noncurrent Assets	824	698	402	1,309	1,618	1,397	1,139	959	1,187	1,088
Intangible Assets	-	-	-	795	608	393	173	56	4.00	0.00
Noncurrent Deferred & Refundable Income Taxes	411	298	47	66	20	9.00	7.00	13	44	45
Other Noncurrent Operating Assets	413	400	355	448	990	995	959	890	1,139	1,043
Total Liabilities & Shareholders' Equity	26,431	26,889	22,410	25,665	24,105	21,804	20,681	20,436	20,254	19,371
Total Liabilities	11,426	11,056	9,641	12,551	12,238	10,369	9,475	9,644	9,838	9,086
Total Current Liabilities	2,665	1,985	1,369	1,458	1,724	1,386	1,303	1,558	1,397	1,663
Short-Term Debt	1,093	724	250	373	568	505	513	719	370	686
Accounts Payable	455	206	201	269	311	194	228	281	323	255
Current Deferred & Payable Income Tax Liabilities	55	95	79	70	64	28	17	19	23	31
Other Current Liabilities	1,062	960	839	746	781	659	545	539	681	691
Total Noncurrent Liabilities	8,761	9,071	8,272	11,093	10,514	8,983	8,172	8,086	8,441	7,423
Long-Term Debt	7,397	7,740	7,146	9,605	8,693	7,302	6,657	6,628	7,043	6,195
Noncurrent Deferred & Payable Income Tax Liabilities	229	178	44	64	266	315	447	493	540	499
Other Noncurrent Operating Liabilities	1,135	1,153	1,082	1,424	1,555	1,366	1,068	965	858	729
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	15,000	15,805	12,711	13,114	11,867	11,435	11,206	10,792	10,416	10,285
Total Preferred & Common Equity	14,690	15,802	12,707	13,107	11,862	11,432	11,205	10,791	10,415	10,284
Total Common Equity	14,690	15,802	12,707	13,107	11,862	11,432	11,205	10,791	10,415	10,284
Common Stock	10,929	11,029	11,068	13,453	13,483	13,561	13,747	14,055	14,625	14,967
Retained Earnings	4,278	5,056	1,929	-67	-1,297	-1,866	-2,458	-3,079	-4,033	-4,545
Accumulated Other Comprehensive Income / (Loss)	-277	-283	-290	-279	-324	-263	-84	-185	-177	-138
Noncontrolling Interest	310	3.00	4.00	7.00	5.00	3.00	1.00	1.00	1.00	1.00

This table presents Transocean's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	20,621	20,194	20,213	20,008	19,937	20,325	19,510
Total Current Assets	2,469	2,031	2,235	1,967	1,871	2,135	2,343
Cash & Equivalents	954	747	821	594	446	475	435
Restricted Cash	387	208	213	214	270	400	365
Accounts Receivable	599	499	523	532	585	607	594
Inventories, net	398	390	397	410	437	440	425
Other Current Assets	131	187	281	217	133	213	179
Other Current Nonoperating Assets	-	-	-	-	-	-	345
Plant, Property, & Equipment, net	17,158	17,120	16,920	16,913	16,855	17,083	15,988
Plant, Property & Equipment, gross	23,728	23,996	23,527	23,674	23,948	24,066	22,412
Accumulated Depreciation	6,570	6,876	6,607	6,761	7,093	6,983	6,424
Total Noncurrent Assets	994	1,043	1,058	1,128	1,211	1,107	1,179
Intangible Assets	75	38	19	11	0.00	0.00	0.00
Noncurrent Deferred & Refundable Income Taxes	11	17	45	26	45	30	165
Other Noncurrent Operating Assets	908	988	994	1,091	1,166	1,077	1,014
Total Liabilities & Shareholders' Equity	20,621	20,194	20,213	20,008	19,937	20,325	19,510
Total Liabilities	9,390	9,869	9,808	9,690	9,415	9,616	9,282
Total Current Liabilities	1,505	1,053	1,141	1,181	1,385	1,573	1,431
Short-Term Debt	750	283	293	320	463	526	457
Accounts Payable	275	246	285	316	301	296	255
Current Deferred & Payable Income Tax Liabilities	4.00	28	16	20	2.00	22	13
Other Current Liabilities	476	496	547	525	619	729	706
Total Noncurrent Liabilities	7,885	8,816	8,667	8,509	8,030	8,043	7,851
Long-Term Debt	6,451	7,342	7,154	7,066	6,802	6,775	6,503
Noncurrent Deferred & Payable Income Tax Liabilities	471	533	552	507	377	470	570
Other Noncurrent Operating Liabilities	963	941	961	936	851	798	778
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	11,231	10,325	10,405	10,318	10,522	10,709	10,228
Total Preferred & Common Equity	11,230	10,324	10,404	10,317	10,521	10,708	10,227
Total Common Equity	11,230	10,324	10,404	10,317	10,521	10,708	10,227
Common Stock	14,050	14,064	14,309	14,442	14,635	14,946	14,958
Retained Earnings	-2,729	-3,544	-3,709	-3,929	-3,935	-4,058	-4,552
Accumulated Other Comprehensive Income / (Loss)	-91	-196	-196	-196	-179	-180	-179
Noncontrolling Interest	1.00	1.00	1.00	1.00	1.00	1.00	1.00

This table displays calculated financial ratios and metrics derived from Transocean's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-19.59%	-43.66%	-28.55%	1.51%	2.32%	2.07%	-18.91%	0.74%	9.98%	24.44%
EBITDA Growth	1,392.35%	-12.56%	-180.66%	83.51%	282.55%	-5.18%	88.66%	-5.46%	-37.46%	-20.15%
EBIT Growth	206.86%	-16.19%	-312.77%	51.80%	55.19%	3.70%	82.88%	59.55%	-777.78%	-17.72%
NOPAT Growth	227.65%	-18.64%	-279.06%	50.06%	42.37%	31.62%	77.28%	72.32%	-948.39%	-28.31%
Net Income Growth	147.21%	-7.80%	-474.49%	35.32%	37.24%	54.81%	-4.05%	-5.08%	-53.62%	46.33%
EPS Growth	146.46%	-11.86%	-484.62%	46.63%	51.99%	55.12%	-1.09%	4.30%	-39.33%	38.71%
Operating Cash Flow Growth	55.18%	-42.53%	-40.91%	-52.31%	-39.07%	17.06%	44.47%	-22.09%	-63.39%	172.56%
Free Cash Flow Firm Growth	-7.04%	-38.69%	125.87%	-297.20%	124.22%	-31.32%	-15.05%	-132.16%	165.87%	351.00%
Invested Capital Growth	-2.13%	-0.18%	-19.49%	21.82%	-7.86%	-5.85%	-4.06%	1.08%	-2.12%	-5.38%
Revenue Q/Q Growth	-5.10%	-17.41%	-10.40%	4.10%	0.00%	0.00%	-2.63%	-0.58%	5.01%	6.37%
EBITDA Q/Q Growth	114.03%	-15.21%	-29.81%	33.41%	41.81%	-20.00%	0.56%	-4.50%	-11.06%	118.56%
EBIT Q/Q Growth	1,769.33%	-24.63%	-15.79%	0.50%	19.64%	-27.14%	-9.88%	-111.76%	-11.27%	39.22%
NOPAT Q/Q Growth	12,181.84%	-31.74%	-12.33%	-3.30%	-7.29%	7.50%	-8.74%	-158.33%	-2.85%	32.52%
Net Income Q/Q Growth	282.69%	-34.26%	-13.11%	-7.57%	0.00%	0.00%	-59.73%	-16.95%	20.50%	17.82%
EPS Q/Q Growth	277.44%	-37.72%	-12.84%	-3.89%	15.29%	9.80%	-82.35%	-11.25%	23.93%	-5.56%
Operating Cash Flow Q/Q Growth	12.91%	-11.53%	-28.13%	-1.06%	-21.11%	49.06%	-13.92%	-1.54%	-32.79%	31.86%
Free Cash Flow Firm Q/Q Growth	-10.29%	-16.61%	1.93%	-95.65%	218.47%	52.13%	-19.64%	-619.44%	617.18%	45.36%
Invested Capital Q/Q Growth	1.29%	0.06%	-1.32%	10.65%	-0.50%	-1.80%	-1.02%	0.33%	-0.66%	-1.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	59.99%	54.31%	53.28%	40.39%	30.70%	36.55%	33.61%	34.80%	29.87%	37.60%
EBITDA Margin	32.02%	49.70%	-56.10%	-9.11%	16.26%	15.10%	35.13%	32.97%	18.75%	12.03%
Operating Margin	18.48%	26.58%	-84.26%	-41.45%	-23.35%	-15.64%	-4.38%	-1.20%	-11.48%	-11.83%
EBIT Margin	18.98%	28.24%	-84.09%	-39.93%	-17.49%	-16.50%	-3.48%	-1.40%	-11.16%	-10.56%
Profit (Net Income) Margin	12.14%	19.88%	-104.17%	-66.37%	-40.71%	-18.02%	-23.12%	-24.12%	-33.69%	-14.53%
Tax Burden Percent	88.37%	88.54%	103.13%	112.85%	104.92%	104.99%	125.74%	110.50%	101.38%	97.90%
Interest Burden Percent	72.40%	79.49%	120.12%	147.30%	221.85%	104.04%	528.09%	1,561.11%	297.78%	140.59%
Effective Tax Rate	11.82%	11.46%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	5.72%	4.71%	-9.35%	-4.72%	-2.58%	-1.89%	-0.45%	-0.13%	-1.34%	-1.79%
ROIC Less NNEP Spread (ROIC-NNEP)	1.03%	1.88%	-39.52%	-24.80%	-13.19%	-5.28%	-8.99%	-10.02%	-12.76%	-5.47%
Return on Net Nonoperating Assets (RNNOA)	0.47%	0.65%	-12.31%	-10.76%	-7.49%	-2.98%	-4.77%	-5.52%	-7.66%	-3.16%
Return on Equity (ROE)	6.19%	5.36%	-21.66%	-15.48%	-10.06%	-4.88%	-5.22%	-5.65%	-9.00%	-4.95%
Cash Return on Invested Capital (CROIC)	7.88%	4.89%	12.24%	-24.40%	5.60%	4.13%	3.69%	-1.21%	0.80%	3.74%
Operating Return on Assets (OROA)	5.10%	4.41%	-10.14%	-5.01%	-2.17%	-2.27%	-0.42%	-0.18%	-1.55%	-1.88%
Return on Assets (ROA)	3.26%	3.10%	-12.56%	-8.33%	-5.05%	-2.47%	-2.78%	-3.02%	-4.69%	-2.58%
Return on Common Equity (ROCE)	6.05%	5.30%	-21.59%	-15.44%	-10.06%	-4.87%	-5.22%	-5.65%	-9.00%	-4.95%
Return on Equity Simple (ROE_SIMPLE)	6.11%	5.23%	-24.37%	-15.28%	-10.60%	-4.97%	-5.27%	-5.75%	-9.16%	-4.98%
Net Operating Profit after Tax (NOPAT)	1,204	979	-1,754	-876	-505	-345	-78	-22	-228	-292
NOPAT Margin	16.30%	23.54%	-58.98%	-29.02%	-16.34%	-10.95%	-3.07%	-0.84%	-8.03%	-8.28%
Net Nonoperating Expense Percent (NNEP)	4.69%	2.83%	30.17%	20.08%	10.61%	3.39%	8.54%	9.89%	11.42%	3.68%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-0.12%	-1.28%	-1.70%
Cost of Revenue to Revenue	40.01%	45.69%	46.72%	59.61%	69.30%	63.45%	66.39%	65.20%	70.13%	62.40%
SG&A Expenses to Revenue	2.60%	4.13%	5.25%	6.23%	6.25%	5.81%	6.53%	7.07%	6.60%	6.07%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	41.51%	27.73%	137.54%	81.84%	54.05%	52.19%	37.99%	36.00%	41.35%	49.43%
Earnings before Interest and Taxes (EBIT)	1,402	1,175	-2,500	-1,205	-540	-520	-89	-36	-316	-372
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	2,365	2,068	-1,668	-275	502	476	898	849	531	424
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.31	0.34	0.33	0.24	0.35	0.12	0.16	0.31	0.49	0.32
Price to Tangible Book Value (P/TBV)	0.31	0.34	0.33	0.26	0.37	0.13	0.16	0.31	0.49	0.32
Price to Revenue (P/Rev)	0.61	1.29	1.41	1.06	1.36	0.45	0.71	1.28	1.81	0.93
Price to Earnings (P/E)	5.21	6.92	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	13.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	19.21%	14.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.51	0.50	0.49	0.51	0.59	0.43	0.45	0.56	0.69	0.58
Enterprise Value to Revenue (EV/Rev)	1.44	2.49	2.76	3.47	3.60	2.43	2.96	3.75	4.08	2.62
Enterprise Value to EBITDA (EV/EBITDA)	4.49	5.01	0.00	0.00	22.17	16.12	8.43	11.36	21.76	21.76
Enterprise Value to EBIT (EV/EBIT)	7.58	8.82	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	8.83	10.58	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	3.09	5.23	7.01	18.78	32.73	19.27	13.16	21.54	70.47	20.64
Enterprise Value to Free Cash Flow (EV/FCFF)	6.41	10.20	3.57	0.00	10.15	10.19	11.83	0.00	85.29	15.10
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.57	0.53	0.58	0.76	0.78	0.68	0.64	0.68	0.71	0.67
Long-Term Debt to Equity	0.49	0.49	0.56	0.73	0.73	0.64	0.59	0.61	0.68	0.60
Financial Leverage	0.45	0.35	0.31	0.43	0.57	0.56	0.53	0.55	0.60	0.58
Leverage Ratio	1.90	1.73	1.72	1.86	1.99	1.97	1.88	1.87	1.92	1.91
Compound Leverage Factor	1.37	1.37	2.07	2.74	4.42	2.05	9.91	29.18	5.71	2.69
Debt to Total Capital	36.14%	34.84%	36.68%	43.21%	43.83%	40.57%	39.02%	40.50%	41.58%	40.09%
Short-Term Debt to Total Capital	4.65%	2.98%	1.24%	1.62%	2.69%	2.62%	2.79%	3.96%	2.08%	4.00%
Long-Term Debt to Total Capital	31.48%	31.86%	35.44%	41.59%	41.14%	37.95%	36.23%	36.54%	39.50%	36.09%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.34%	0.13%	0.31%	0.03%	0.02%	0.02%	0.01%	0.01%	0.01%	0.01%
Common Equity to Total Capital	62.52%	65.04%	63.02%	56.76%	56.14%	59.41%	60.98%	59.49%	58.42%	59.91%
Debt to EBITDA	3.59	4.09	-4.43	-36.28	18.45	16.40	7.98	8.65	13.96	16.23
Net Debt to EBITDA	2.46	2.39	-2.37	-26.43	13.77	13.12	6.41	7.49	12.09	14.01
Long-Term Debt to EBITDA	3.13	3.74	-4.28	-34.93	17.32	15.34	7.41	7.81	13.26	14.61
Debt to NOPAT	7.05	8.64	-4.22	-11.39	-18.35	-22.62	-91.45	-338.57	-32.58	-23.57
Net Debt to NOPAT	4.83	5.05	-2.26	-8.30	-13.70	-18.10	-73.44	-292.90	-28.21	-20.35
Long-Term Debt to NOPAT	6.15	7.90	-4.08	-10.97	-17.22	-21.16	-84.91	-305.44	-30.96	-21.22
Altman Z-Score	1.01	0.99	0.32	0.23	0.28	0.10	0.12	0.14	0.17	0.06
Noncontrolling Interest Sharing Ratio	2.20%	1.12%	0.33%	0.27%	0.05%	0.03%	0.02%	0.01%	0.01%	0.01%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.80	2.57	3.36	2.71	2.11	1.98	1.88	1.29	1.52	1.47
Quick Ratio	1.40	1.99	2.60	1.90	1.42	1.25	1.13	0.75	0.91	0.68
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,658	1,016	2,296	-4,527	1,096	753	640	-206	136	611
Operating Cash Flow to CapEx	176.94%	150.68%	795.92%	395.74%	107.26%	165.15%	288.94%	63.10%	39.33%	292.16%
Free Cash Flow to Firm to Interest Expense	4.05	3.89	4.20	-7.27	1.56	17.93	1.62	-0.37	0.20	3.04
Operating Cash Flow to Interest Expense	8.42	7.59	2.14	0.90	0.49	9.48	1.45	0.81	0.24	2.22
Operating Cash Flow Less CapEx to Interest Expense	3.66	2.55	1.87	0.67	0.03	3.74	0.95	-0.47	-0.37	1.46
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.27	0.16	0.12	0.13	0.12	0.14	0.12	0.13	0.14	0.18
Accounts Receivable Turnover	4.27	3.82	4.16	5.03	4.91	5.10	4.76	5.27	5.68	6.55
Inventory Turnover	4.09	3.20	2.84	4.03	4.49	4.38	4.11	4.31	4.88	5.08
Fixed Asset Turnover	0.35	0.20	0.15	0.16	0.16	0.17	0.15	0.15	0.16	0.22
Accounts Payable Turnover	4.77	5.75	6.83	7.66	7.38	7.92	8.04	6.60	6.58	7.61
Days Sales Outstanding (DSO)	85.57	95.44	87.72	72.56	74.35	71.62	76.76	69.24	64.25	55.72
Days Inventory Outstanding (DIO)	89.24	114.05	128.63	90.49	81.27	83.31	88.83	84.78	74.80	71.79
Days Payable Outstanding (DPO)	76.52	63.46	53.48	47.68	49.46	46.08	45.38	55.33	55.50	47.97
Cash Conversion Cycle (CCC)	98.29	146.03	162.88	115.37	106.16	108.85	120.20	98.70	83.55	79.54
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	20,816	20,779	16,730	20,381	18,780	17,682	16,964	17,148	16,785	15,882
Invested Capital Turnover	0.35	0.20	0.16	0.16	0.16	0.17	0.15	0.15	0.17	0.22
Increase / (Decrease) in Invested Capital	-454	-37	-4,049	3,651	-1,601	-1,098	-718	184	-363	-903
Enterprise Value (EV)	10,629	10,364	8,201	10,480	11,128	7,671	7,568	9,649	11,556	9,225
Market Capitalization	4,503	5,387	4,178	3,206	4,210	1,421	1,809	3,292	5,137	3,284
Book Value per Share	$40.39	$43.24	$32.48	$28.38	$19.39	$18.59	$17.09	$14.95	$12.87	$11.74
Tangible Book Value per Share	$40.39	$43.24	$32.48	$26.65	$18.39	$17.95	$16.83	$14.87	$12.87	$11.74
Total Capital	23,495	24,297	20,165	23,092	21,128	19,242	18,376	18,139	17,829	17,166
Total Debt	8,490	8,464	7,396	9,978	9,261	7,807	7,170	7,347	7,413	6,881
Total Long-Term Debt	7,397	7,740	7,146	9,605	8,693	7,302	6,657	6,628	7,043	6,195
Net Debt	5,811	4,946	3,961	7,267	6,913	6,247	5,758	6,356	6,418	5,940
Capital Expenditures (CapEx)	1,947	1,314	147	141	317	241	199	710	417	153
Debt-free, Cash-free Net Working Capital (DFCFNWC)	547	319	52	152	136	299	242	178	104	534
Debt-free Net Working Capital (DFNWC)	3,226	3,837	3,487	2,863	2,484	1,859	1,654	1,169	1,099	1,475
Net Working Capital (NWC)	2,133	3,113	3,237	2,490	1,916	1,354	1,141	450	729	789
Net Nonoperating Expense (NNE)	307	152	1,344	1,127	752	223	513	599	727	220
Net Nonoperating Obligations (NNO)	5,811	4,946	3,961	7,267	6,913	6,247	5,758	6,356	6,369	5,597
Total Depreciation and Amortization (D&A)	963	893	832	930	1,042	996	987	885	847	796
Debt-free, Cash-free Net Working Capital to Revenue	7.41%	7.67%	1.75%	5.04%	4.40%	9.49%	9.47%	6.91%	3.67%	15.15%
Debt-free Net Working Capital to Revenue	43.68%	92.21%	117.29%	94.86%	80.44%	58.98%	64.71%	45.40%	38.81%	41.86%
Net Working Capital to Revenue	28.88%	74.81%	108.88%	82.51%	62.05%	42.96%	44.64%	17.48%	25.74%	22.39%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.16	$2.08	($8.00)	($4.27)	($2.05)	($0.92)	($0.93)	($0.89)	($1.24)	($0.60)
Adjusted Weighted Average Basic Shares Outstanding	363M	367M	391M	468M	612M	616.03M	637M	699M	768M	850M
Adjusted Diluted Earnings per Share	$2.16	$2.08	($8.00)	($4.27)	($2.05)	($0.92)	($0.93)	($0.89)	($1.24)	($0.76)
Adjusted Weighted Average Diluted Shares Outstanding	363M	367M	391M	468M	612M	616.03M	637M	699M	768M	925M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	($0.92)	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	364.11M	389.60M	458.91M	610.06M	612.57M	615M	656.38M	726.26M	809.03M	878.89M
Normalized Net Operating Profit after Tax (NOPAT)	2,889	1,058	417	149	-70	132	-35	-15	-60	260
Normalized NOPAT Margin	39.11%	25.43%	14.03%	4.94%	-2.27%	4.18%	-1.37%	-0.57%	-2.10%	7.39%
Pre Tax Income Margin	13.74%	22.45%	-101.01%	-58.81%	-38.80%	-17.16%	-18.39%	-21.83%	-33.23%	-14.84%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.43	4.50	-4.58	-1.93	-0.77	-12.38	-0.22	-0.07	-0.47	-1.85
NOPAT to Interest Expense	2.94	3.75	-3.21	-1.41	-0.72	-8.22	-0.20	-0.04	-0.34	-1.45
EBIT Less CapEx to Interest Expense	-1.33	-0.53	-4.85	-2.16	-1.22	-18.12	-0.73	-1.35	-1.08	-2.61
NOPAT Less CapEx to Interest Expense	-1.82	-1.28	-3.48	-1.63	-1.17	-13.95	-0.70	-1.32	-0.95	-2.21
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	45.71%	3.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	45.71%	3.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Transocean's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	10.38%	-2.42%	10.75%	5.35%	3.18%	22.28%	17.57%	18.11%	32.96%	28.48%
EBITDA Growth	9.39%	-18.78%	-62.58%	-21.22%	-36.57%	-38.15%	245.90%	-22.28%	-261.18%	214.95%
EBIT Growth	1,466.67%	-41.30%	-210.20%	-177.42%	-191.49%	-49.23%	105.92%	-95.83%	-1,009.30%	247.42%
NOPAT Growth	0.00%	-44.19%	-214.00%	-250.00%	-203.77%	-14.52%	98.09%	847.99%	-781.82%	129.53%
Net Income Growth	78.46%	-34.62%	-165.71%	-142.65%	-685.71%	70.29%	121.08%	25.45%	-124.55%	106.73%
EPS Growth	80.00%	-22.50%	-146.15%	-120.00%	-600.00%	79.59%	117.19%	31.82%	-107.14%	-40.00%
Operating Cash Flow Growth	63.12%	-3.78%	-4,600.00%	282.93%	-119.13%	-44.94%	-82.98%	-15.29%	540.91%	110.20%
Free Cash Flow Firm Growth	-90.20%	-133.06%	-134.04%	196.05%	83.90%	237.77%	58.66%	-124.92%	228.12%	192.91%
Invested Capital Growth	-0.28%	1.08%	0.47%	-2.43%	-1.14%	-2.12%	0.45%	1.88%	-5.05%	-5.38%
Revenue Q/Q Growth	-0.14%	-12.30%	7.10%	12.33%	-2.19%	3.93%	2.97%	12.84%	10.10%	0.42%
EBITDA Q/Q Growth	9.39%	-35.45%	-64.74%	216.39%	-11.92%	-37.06%	45.52%	-28.91%	-282.67%	222.99%
EBIT Q/Q Growth	51.61%	-238.30%	-133.85%	84.21%	-79.17%	-125.58%	109.28%	-622.22%	-914.89%	129.98%
NOPAT Q/Q Growth	89.29%	-216.98%	-153.23%	73.25%	-30.95%	-29.09%	95.77%	10,571.86%	-254.38%	104.32%
Net Income Q/Q Growth	58.82%	-1,150.00%	-32.86%	64.52%	-33.33%	52.73%	194.23%	-225.51%	-301.63%	101.42%
EPS Q/Q Growth	60.00%	-1,125.00%	-30.61%	65.63%	-27.27%	64.29%	210.00%	-236.36%	-286.67%	75.86%
Operating Cash Flow Q/Q Growth	460.98%	-22.61%	-126.40%	434.04%	-128.03%	322.73%	-187.76%	254.65%	45.86%	6.19%
Free Cash Flow Firm Q/Q Growth	-35.33%	-367.22%	16.93%	306.25%	-59.83%	100.19%	-129.55%	-24.32%	628.89%	78.71%
Invested Capital Q/Q Growth	-0.85%	0.33%	-0.89%	-1.04%	0.46%	-0.66%	1.41%	0.37%	-6.37%	-1.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	40.52%	30.20%	36.98%	33.61%	26.51%	23.21%	31.45%	37.98%	40.61%	39.18%
EBITDA Margin	38.78%	28.55%	9.40%	26.47%	23.84%	14.44%	27.65%	17.42%	-28.90%	35.40%
Operating Margin	7.67%	-10.23%	-24.19%	-5.76%	-7.71%	-9.58%	-0.39%	-6.85%	-51.16%	13.66%
EBIT Margin	6.80%	-10.73%	-23.42%	-3.29%	-6.03%	-13.09%	1.18%	-5.46%	-50.32%	15.02%
Profit (Net Income) Margin	-4.05%	-57.76%	-71.65%	-22.63%	-30.86%	-14.04%	12.84%	-14.29%	-52.11%	0.74%
Tax Burden Percent	84.85%	111.11%	112.32%	91.16%	83.65%	125.30%	-105.38%	-372.73%	94.10%	11.29%
Interest Burden Percent	-70.21%	484.62%	272.37%	754.17%	611.63%	85.57%	-1,033.33%	-70.21%	110.06%	43.36%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	472.73%	0.00%	88.71%
Return on Invested Capital (ROIC)	0.81%	-1.08%	-2.63%	-0.63%	-0.86%	-1.12%	-0.05%	4.63%	-7.20%	0.33%
ROIC Less NNEP Spread (ROIC-NNEP)	-0.30%	-6.14%	-8.34%	-2.81%	-3.78%	-1.97%	1.47%	-0.71%	-9.70%	0.20%
Return on Net Nonoperating Assets (RNNOA)	-0.16%	-3.38%	-4.84%	-1.62%	-2.18%	-1.18%	0.93%	-0.43%	-5.85%	0.12%
Return on Equity (ROE)	0.66%	-4.46%	-7.47%	-2.26%	-3.04%	-2.30%	0.88%	4.20%	-13.05%	0.45%
Cash Return on Invested Capital (CROIC)	0.23%	-1.21%	-1.04%	1.61%	-0.15%	0.80%	-1.15%	-2.64%	2.55%	3.74%
Operating Return on Assets (OROA)	0.85%	-1.34%	-3.05%	-0.43%	-0.80%	-1.82%	0.17%	-0.83%	-8.44%	2.67%
Return on Assets (ROA)	-0.50%	-7.23%	-9.32%	-2.97%	-4.10%	-1.95%	1.89%	-2.17%	-8.74%	0.13%
Return on Common Equity (ROCE)	0.66%	-4.46%	-7.47%	-2.26%	-3.04%	-2.30%	0.88%	4.20%	-13.05%	0.45%
Return on Equity Simple (ROE_SIMPLE)	-4.73%	0.00%	-8.82%	-9.69%	-11.63%	0.00%	-3.72%	-3.26%	-6.09%	0.00%
Net Operating Profit after Tax (NOPAT)	37	-43	-110	-29	-39	-50	-2.10	220	-340	15
NOPAT Margin	5.37%	-7.16%	-16.93%	-4.03%	-5.40%	-6.71%	-0.28%	25.54%	-35.81%	1.54%
Net Nonoperating Expense Percent (NNEP)	1.11%	5.06%	5.70%	2.17%	2.92%	0.85%	-1.51%	5.34%	2.49%	0.13%
Return On Investment Capital (ROIC_SIMPLE)	-	-0.24%	-	-	-	-0.28%	-	-	-	0.09%
Cost of Revenue to Revenue	59.48%	69.80%	63.02%	66.39%	73.49%	76.79%	68.55%	62.02%	59.39%	60.82%
SG&A Expenses to Revenue	6.08%	9.08%	6.93%	6.58%	6.17%	6.75%	6.82%	6.85%	4.96%	5.88%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	32.85%	40.43%	61.17%	39.37%	34.22%	32.79%	31.85%	44.83%	91.77%	25.53%
Earnings before Interest and Taxes (EBIT)	47	-65	-152	-24	-43	-97	9.00	-47	-477	143
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	268	173	61	193	170	107	211	150	-274	337
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.16	0.31	0.45	0.52	0.61	0.49	0.48	0.41	0.36	0.32
Price to Tangible Book Value (P/TBV)	0.16	0.31	0.45	0.52	0.61	0.49	0.48	0.41	0.36	0.32
Price to Revenue (P/Rev)	0.67	1.28	1.75	2.01	2.33	1.81	1.72	1.42	1.12	0.93
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.44	0.56	0.66	0.70	0.76	0.69	0.68	0.63	0.62	0.58
Enterprise Value to Revenue (EV/Rev)	2.94	3.75	4.28	4.41	4.77	4.08	3.95	3.51	2.98	2.62
Enterprise Value to EBITDA (EV/EBITDA)	8.55	11.36	15.11	16.96	21.56	21.76	17.08	16.95	50.94	21.76
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	16.71	21.54	28.08	22.75	52.76	70.47	93.05	107.05	29.15	20.64
Enterprise Value to Free Cash Flow (EV/FCFF)	192.02	0.00	0.00	43.11	0.00	85.29	0.00	0.00	23.51	15.10
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.64	0.68	0.74	0.72	0.72	0.71	0.69	0.68	0.68	0.67
Long-Term Debt to Equity	0.57	0.61	0.71	0.69	0.68	0.68	0.65	0.63	0.64	0.60
Financial Leverage	0.52	0.55	0.58	0.58	0.58	0.60	0.63	0.61	0.60	0.58
Leverage Ratio	1.85	1.87	1.89	1.89	1.89	1.92	1.93	1.92	1.92	1.91
Compound Leverage Factor	-1.30	9.06	5.15	14.25	11.53	1.64	-19.89	-1.35	2.12	0.83
Debt to Total Capital	39.07%	40.50%	42.48%	41.72%	41.72%	41.58%	40.84%	40.54%	40.49%	40.09%
Short-Term Debt to Total Capital	4.07%	3.96%	1.58%	1.64%	1.81%	2.08%	2.60%	2.92%	2.66%	4.00%
Long-Term Debt to Total Capital	35.00%	36.54%	40.90%	40.07%	39.91%	39.50%	38.24%	37.62%	37.83%	36.09%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Common Equity to Total Capital	60.93%	59.49%	57.52%	58.28%	58.28%	58.42%	59.15%	59.46%	59.50%	59.91%
Debt to EBITDA	8.10	8.65	10.21	10.72	12.37	13.96	10.67	11.44	35.88	16.23
Net Debt to EBITDA	6.59	7.49	8.93	9.23	11.02	12.09	9.62	10.07	31.75	14.01
Long-Term Debt to EBITDA	7.26	7.81	9.83	10.29	11.84	13.26	9.99	10.62	33.52	14.61
Debt to NOPAT	-857.26	-338.57	-78.93	-51.15	-33.39	-32.58	-60.69	-55.48	-16.09	-23.57
Net Debt to NOPAT	-697.62	-292.90	-69.05	-44.05	-29.74	-28.21	-54.71	-48.83	-14.24	-20.35
Long-Term Debt to NOPAT	-767.98	-305.44	-76.00	-49.13	-31.94	-30.96	-56.83	-51.48	-15.03	-21.22
Altman Z-Score	0.12	0.14	0.20	0.27	0.29	0.20	0.23	0.17	0.06	0.14
Noncontrolling Interest Sharing Ratio	0.02%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.64	1.29	1.93	1.96	1.67	1.52	1.35	1.36	1.64	1.47
Quick Ratio	1.03	0.75	1.18	1.18	0.95	0.91	0.74	0.69	0.72	0.68
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	85	-227	-189	390	157	313	-78	-97	514	918
Operating Cash Flow to CapEx	264.37%	43.84%	-58.75%	215.07%	-100.00%	44.55%	-220.51%	172.73%	1,940.00%	762.96%
Free Cash Flow to Firm to Interest Expense	0.96	-0.87	-0.67	2.32	0.67	0.00	-0.67	0.00	8.70	10.08
Operating Cash Flow to Interest Expense	2.58	0.68	-0.17	0.93	-0.19	0.00	-0.74	0.00	3.29	2.26
Operating Cash Flow Less CapEx to Interest Expense	1.61	-0.87	-0.45	0.50	-0.38	0.00	-1.07	0.00	3.12	1.97
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.12	0.13	0.13	0.13	0.13	0.14	0.15	0.15	0.17	0.18
Accounts Receivable Turnover	4.68	5.27	5.15	4.72	4.77	5.68	5.44	5.45	5.88	6.55
Inventory Turnover	4.06	4.31	4.32	4.39	4.55	4.88	5.08	5.14	5.24	5.08
Fixed Asset Turnover	0.15	0.15	0.15	0.16	0.16	0.16	0.17	0.18	0.20	0.22
Accounts Payable Turnover	6.88	6.60	7.42	7.54	6.23	6.58	7.68	7.40	7.67	7.61
Days Sales Outstanding (DSO)	77.93	69.24	70.84	77.30	76.53	64.25	67.15	67.00	62.03	55.72
Days Inventory Outstanding (DIO)	89.95	84.78	84.50	83.06	80.14	74.80	71.87	71.05	69.62	71.79
Days Payable Outstanding (DPO)	53.04	55.33	49.22	48.40	58.62	55.50	47.54	49.32	47.61	47.97
Cash Conversion Cycle (CCC)	114.84	98.70	106.12	111.96	98.06	83.55	91.49	88.73	84.04	79.54
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	17,091	17,148	16,995	16,818	16,896	16,785	17,071	17,135	16,043	15,882
Invested Capital Turnover	0.15	0.15	0.16	0.16	0.16	0.17	0.17	0.18	0.20	0.22
Increase / (Decrease) in Invested Capital	-48	184	79	-419	-195	-363	76	317	-853	-903
Enterprise Value (EV)	7,604	9,649	11,290	11,787	12,873	11,556	11,631	10,812	9,882	9,225
Market Capitalization	1,743	3,292	4,619	5,373	6,294	5,137	5,081	4,385	3,721	3,284
Book Value per Share	$15.91	$14.95	$14.22	$13.57	$13.46	$12.87	$12.85	$13.07	$11.68	$11.74
Tangible Book Value per Share	$15.81	$14.87	$14.16	$13.55	$13.44	$12.87	$12.85	$13.07	$11.68	$11.74
Total Capital	18,432	18,139	17,950	17,852	17,704	17,829	17,787	18,010	17,188	17,166
Total Debt	7,201	7,347	7,625	7,447	7,386	7,413	7,265	7,301	6,960	6,881
Total Long-Term Debt	6,451	6,628	7,342	7,154	7,066	7,043	6,802	6,775	6,503	6,195
Net Debt	5,860	6,356	6,670	6,413	6,578	6,418	6,549	6,426	6,160	5,940
Capital Expenditures (CapEx)	87	406	80	73	44	220	39	77	10	27
Debt-free, Cash-free Net Working Capital (DFCFNWC)	373	178	306	353	298	104	233	213	569	534
Debt-free Net Working Capital (DFNWC)	1,714	1,169	1,261	1,387	1,106	1,099	949	1,088	1,369	1,475
Net Working Capital (NWC)	964	450	978	1,094	786	729	486	562	912	789
Net Nonoperating Expense (NNE)	65	307	355	136	182	54	-100	343	155	7.68
Net Nonoperating Obligations (NNO)	5,860	6,356	6,670	6,413	6,578	6,369	6,549	6,426	5,815	5,597
Total Depreciation and Amortization (D&A)	221	238	213	217	213	204	202	197	203	194
Debt-free, Cash-free Net Working Capital to Revenue	14.40%	6.91%	11.60%	13.20%	11.05%	3.67%	7.91%	6.92%	17.17%	15.15%
Debt-free Net Working Capital to Revenue	66.18%	45.40%	47.80%	51.85%	41.01%	38.81%	32.21%	35.35%	41.32%	41.86%
Net Working Capital to Revenue	37.22%	17.48%	37.07%	40.90%	29.14%	25.74%	16.50%	18.26%	27.53%	22.39%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.04)	($0.49)	($0.64)	($0.22)	($0.28)	($0.10)	$0.12	($0.15)	($0.56)	($0.01)
Adjusted Weighted Average Basic Shares Outstanding	714M	699M	728M	761M	774M	768M	819M	824M	879M	850M
Adjusted Diluted Earnings per Share	($0.04)	($0.49)	($0.64)	($0.22)	($0.28)	($0.10)	$0.11	($0.15)	($0.58)	($0.14)
Adjusted Weighted Average Diluted Shares Outstanding	714M	699M	728M	761M	774M	768M	955M	824M	954M	925M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	721.89M	726.26M	766.45M	766.66M	809.03M	809.03M	819.58M	875.47M	875.80M	878.89M
Normalized Net Operating Profit after Tax (NOPAT)	39	-41	9.10	7.70	-33	-43	2.10	59	104	96
Normalized NOPAT Margin	5.67%	-6.70%	1.40%	1.06%	-4.61%	-5.76%	0.28%	6.83%	10.93%	10.07%
Pre Tax Income Margin	-4.78%	-51.98%	-63.79%	-24.83%	-36.89%	-11.20%	-12.19%	3.83%	-55.38%	6.51%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.53	-0.25	-0.54	-0.14	-0.19	0.00	0.08	0.00	-8.08	1.57
NOPAT to Interest Expense	0.42	-0.17	-0.39	-0.18	-0.17	0.00	-0.02	0.00	-5.75	0.16
EBIT Less CapEx to Interest Expense	-0.45	-1.80	-0.83	-0.58	-0.38	0.00	-0.26	0.00	-8.25	1.27
NOPAT Less CapEx to Interest Expense	-0.56	-1.72	-0.68	-0.61	-0.36	0.00	-0.35	0.00	-5.92	-0.14
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Transocean's Financials

When does Transocean's financial year end?

According to the most recent income statement we have on file, Transocean's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Transocean's net income changed over the last 9 years?

Transocean's net income appears to be on an upward trend, with a most recent value of -$512 million in 2024, falling from $897 million in 2015. The previous period was -$954 million in 2023.

What is Transocean's operating income?

Transocean's total operating income in 2024 was -$417 million, based on the following breakdown:

Total Gross Profit: $1.33 billion
Total Operating Expenses: $1.74 billion

How has Transocean revenue changed over the last 9 years?

Over the last 9 years, Transocean's total revenue changed from $7.39 billion in 2015 to $3.52 billion in 2024, a change of -52.3%.

How much debt does Transocean have?

Transocean's total liabilities were at $9.09 billion at the end of 2024, a 7.6% decrease from 2023, and a 20.5% decrease since 2015.

How much cash does Transocean have?

In the past 9 years, Transocean's cash and equivalents has ranged from $560 million in 2024 to $3.05 billion in 2016, and is currently $560 million as of their latest financial filing in 2024.

How has Transocean's book value per share changed over the last 9 years?

Over the last 9 years, Transocean's book value per share changed from 40.39 in 2015 to 11.74 in 2024, a change of -70.9%.

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This page (NYSE:RIG) was last updated on 4/14/2025 by MarketBeat.com Staff

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Transocean (RIG) Financials

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Transocean (RIG) Financials

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