Transocean Ltd.

RIG

Overview

Revenue
$4.12B
+8.5%YoY
Gross profit
$1.72B
+19.5%YoY41.6%margin
Operating income
−$998M
-24.2%margin
Free cash flow
$904M
+136.0%YoY22.0%FCF margin
Trailing 12 months · Q3 25 – Q2 26

About Transocean

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells in Switzerland and internationally. The company contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. It also operates a fleet of mobile offshore drilling units, consisting of ultra-deepwater floaters and harsh environment semisubmersibles. It serves integrated energy companies and their affiliates, government-owned or government-controlled energy companies, and other independent energy companies. Transocean Ltd. was founded in 1926 and is based in Zug, Switzerland.

deepwater.com ↗

Leadership
  • Keelan AdamsonPRESIDENT AND Chief Executive Officer
  • Robert Thaddeus VaydaExecutive Vice President, Chief Financial Officer
  • Brady K. LongExecutive Vice President & Chief Legal Officer
  • Roderick James MackenzieExecutive Vice President, Chief Commercial Officer
  • Jason PackSenior Vice President, Chief Accounting Officer
  • Jeremy D. ThigpenExecutive Chair
Employees
5,220
Business address
STEINHAUSEN, V8
Fiscal year ends
December 31
Listed
NYSE · RIG

Price

Share price

Daily closing price. The header shows the latest close, the market cap at that close and the change over the selected range. Hover or tap the chart to read any day.
$5.51
+$2.14 (+63.50%)past year
Market cap
$6.15B
At close
Oct 5, 2026

Share price vs index

Transocean's share price and the index, each as its percentage change since the first day of the selected range. The shading shows the gap: green while Transocean is ahead, orange while it is behind. The values at the end are each one's change over the range.

Valuation

Market cap divided by trailing 12 months net income (P/E) and revenue (P/S), using the four quarters reported by each day. Turn a series off in the key and the chart rescales to the other.

Revenue mix

Revenue by product

Revenue reported for each product. The figure at the top of each column is the total of the products shown. Switch to % to see each product's share.

Product growth

Each product's revenue in the chosen period against the same period a year earlier (YoY), so seasonal swings cancel out, or against the quarter before (QoQ). A year is always compared with the year before. Hover or tap a line to bring it forward.

Revenue by geography

Reported countries and regions in the chosen year or quarter. Known regions use standard geographic footprints. Hover shows the reported region total, never an allocation to individual countries. Ambiguous remainders are not mapped.

Geography growth

Each country's or region's revenue in the chosen period against the same period a year earlier (YoY), so seasonal swings cancel out, or against the quarter before (QoQ). A year is always compared with the year before. Hover or tap a line to bring it forward.

Top geographies

Reported countries and regions in the chosen year or quarter, largest first, in the map's colours. The share of the disclosed geography shows only where the reported parts add up.

Income statement

Revenue, gross profit and net income

Revenue, gross profit and net income on one scale, so their sizes can be compared period by period.

Income statement

How revenue becomes net income in the chosen year or quarter. Solid bars are totals; hatched bars are the costs taken off between them.
TotalAddedSubtracted

Operating leverage

Revenue growth against operating expense growth, each against the same quarter a year earlier. While revenue grows faster than opex, each extra dollar of sales keeps more profit.

Cash flow

Operating and free cash flow

Free cash flow is what is left of operating cash flow after capital expenditure. The gap between each pair of bars is that year's capex.

Cash flow statement

The reported movements behind the change in cash in the chosen year or quarter. Solid bars are totals; hatched bars are what was added or taken off between them.
TotalAddedSubtracted

Capital allocation

Operating cash flow above zero; what it was spent on below: capital expenditure, dividends and buybacks.

Stock-based compensation

Stock-based compensation reported in the cash flow statement each period. The line is that amount as a percentage of the same period's revenue.
Stock-based compensation% of revenue

Balance sheet

Assets, liabilities and equity

The balance sheet at the end of the chosen year or quarter. What the company owns on the left, against what it owes and what belongs to shareholders on the right. Both columns add up to total assets.

Net cash

Cash and short-term investments minus total debt at each quarter end. Below zero, the company owes more than it holds.
Net cashNet debt

War chest

Cash and short-term investments held at each quarter end. The figure at the top of each column is the total.