RIG Q4 2022 Earnings — Transocean Ltd. Revenue & Financial Results | Market Cap Arena

RIGTransocean Ltd.

$6B

Q4 2022 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$606M-2.4% YoY

Gross Profit

$194M32.0% margin

Operating Income

-$62M-10.2% margin

Net Income

-$350M-57.8% margin

EPS (Diluted)

$-0.48

QoQ Revenue Growth

-12.3%

Cash Flow

Operating Cash Flow

$178M

Free Cash Flow

-$231M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$20.4B

Total Liabilities

$9.6B

Stockholders' Equity

$10.8B

Cash & Equivalents

$683M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$606M	$621M	-2.4%
Gross Profit	$194M	$203M	-4.4%
Operating Income	-$62M	-$43M	-44.2%
Net Income	-$350M	-$260M	-34.6%

Geographic Segments

U.S.

$326M55%

Norway

$157M27%

Other Countries

$108M18%