Transocean/$RIG
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Transocean
Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. The company provides mobile offshore drilling rigs, related equipment, and crews to support the drilling of oil and gas wells. Its fleet mainly consists of offshore rigs, including drillships, semisubmersibles, and jackups.
- Ticker
- $RIG
- Sector
- Energy
- Primary listing
- NYSE
- Employees
- 5,220
- Headquarters
- Zug, Switzerland
- Website
- www.deepwater.com
Transocean Metrics
BasicAdvanced
$7B
-
-$1.55
1.41
-
Price and volume
Market cap
$7B
Beta
1.41
52-week high
$7.66
52-week low
$3.68
Average daily volume
43M
Financial strength
Current ratio
1.589
Quick ratio
0.925
Long term debt to equity
0.564
Total debt to equity
0.612
Interest coverage (TTM)
1.66%
Profitability
EBITDA (TTM)
1,515
Gross margin (TTM)
42.47%
Net profit margin (TTM)
-40.24%
Operating margin (TTM)
23.56%
Effective tax rate (TTM)
-2.66%
Revenue per employee (TTM)
$790,000
Management effectiveness
Return on assets (TTM)
3.47%
Return on equity (TTM)
-18.70%
Valuation
Price to revenue (TTM)
1.626
Price to book
0.83
Price to tangible book (TTM)
0.83
Price to free cash flow (TTM)
7.408
Free cash flow yield (TTM)
13.50%
Free cash flow per share (TTM)
0.841
Growth
Revenue change (TTM)
8.54%
Earnings per share change (TTM)
-19.34%
3-year revenue growth (CAGR)
15.47%
10-year revenue growth (CAGR)
-2.50%
3-year earnings per share growth (CAGR)
4.01%
10-year earnings per share growth (CAGR)
-8.09%
What the Analysts think about Transocean
Analyst ratings (Buy, Hold, Sell) for Transocean stock.
Analyst projections of the future price of Transocean stock.
Bulls say / Bears say
Two U.S. Gulf drillships secured contracts worth about $550 million, with work scheduled to start in 2027 directly after existing programmes. The awards improve forward revenue visibility and suggest demand for Transocean’s high-specification rigs remains strong. (SEC)
Equinor’s approval converted its three-rig Norway agreement, worth about $1 billion, into firm backlog. This gives Transocean several years of work on harsh-environment rigs and reduces uncertainty over future utilisation. (SEC)
Transocean generated $212 million of free cash flow in the second quarter and ended it with more than $1.3 billion of liquidity. S&P also upgraded its credit rating after debt repayment and backlog growth, and expects positive free operating cash flow over the next two years. (SEC, S&P Global Ratings)
Despite higher revenue for the first half of 2026, second-quarter contract drilling revenue was down year on year and adjusted EBITDA fell from the previous quarter. Fleet utilisation also dropped to 78.2% from 86.7% in the first quarter, showing that results can weaken when rigs are between jobs. (SEC)
The planned Valaris acquisition adds execution and financing risk: Transocean’s amended credit facility only takes effect if the deal closes, and S&P says the expected credit improvement depends on the final capital structure and successful integration. A delayed or poorly integrated deal could weaken the anticipated balance-sheet gains. (Transocean Ltd., S&P Global Ratings)
Data summarised monthly by Lightyear AI. Last updated on 2 Nov 2026.
Transocean Financial Performance
Revenues and expenses
Transocean Earnings Performance
Company profitability
Upcoming events
No upcoming events
Transocean News
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Funds containing Transocean
Fund name | Fund size | $RIG weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.21% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.21% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | $3.2B | 0.20% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | $3.2B | 0.20% |
SPDR MSCI USA Small Cap Value Weighted$USSC | $1.1B | 0.08% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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