SDRL Q1 2024 Earnings — Seadrill Limited Revenue & Financial Results | Market Cap Arena

SDRLSeadrill Limited

$3B

Q1 2024 Earnings

Energy Oil & Gas Drilling

Income Statement

Revenue

$367M+38.0% YoY

Gross Profit

$91M24.8% margin

Operating Income

$80M21.8% margin

Net Income

$60M16.3% margin

EPS (Diluted)

$0.81

QoQ Revenue Growth

-5.7%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

$6M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$4.1B

Total Liabilities

$1.2B

Stockholders' Equity

$2.9B

Cash & Equivalents

$584M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$367M	$266M	+38.0%
Gross Profit	$91M	$64M	+42.2%
Operating Income	$80M	$51M	+56.9%
Net Income	$60M	$43M	+39.5%