RIG Q4 2023 Earnings — Transocean Ltd. Revenue & Financial Results | Market Cap Arena

RIGTransocean Ltd.

$6B

Q4 2023 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$741M+22.3% YoY

Gross Profit

$198M26.7% margin

Operating Income

-$71M-9.6% margin

Net Income

-$104M-14.0% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

+3.9%

Cash Flow

Operating Cash Flow

$98M

Free Cash Flow

-$122M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$20.3B

Total Liabilities

$9.8B

Stockholders' Equity

$10.4B

Cash & Equivalents

$762M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$741M	$606M	+22.3%
Gross Profit	$198M	$194M	+2.1%
Operating Income	-$71M	-$62M	-14.5%
Net Income	-$104M	-$350M	+70.3%

Geographic Segments

U.S.

$716M58%

Norway

$313M26%

Other Countries

$195M16%