Transocean/$RIG
1D1W1MYTD1Y5YMAX
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
$6.4B
-
-$1.55
1.33
-
Price and volume
Market cap
$6.4B
Beta
1.33
52-week high
$7.66
52-week low
$3.03
Average daily volume
42M
Financial strength
Current ratio
1.589
Quick ratio
0.925
Long term debt to equity
56.416
Total debt to equity
61.159
Interest coverage (TTM)
1.57%
Profitability
EBITDA (TTM)
1,515
Gross margin (TTM)
41.65%
Net profit margin (TTM)
-40.24%
Operating margin (TTM)
22.73%
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)
1.504
Price to book
0.77
Price to tangible book (TTM)
0.77
Price to free cash flow (TTM)
6.85
Free cash flow yield (TTM)
14.60%
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
Transocean secured a pact with Equinor valued at over $1 billion in contract backlog for three harsh‐environment semisubmersible rigs, underscoring strong demand in premium offshore segments (Reuters)
The company was awarded a five-well offshore drilling contract by Harbour Energy in Norway worth $149 million, demonstrating continued appetite for high-specification rigs (Reuters)
Transocean returned to profitability in Q2 2026 with net income of $170 million, moving from a $938 million loss a year earlier and supported by strong revenue efficiency, reflecting improved operational performance (Bitget News citing Reuters)
Contract drilling revenues slipped 2.23% year-over-year to $966 million in Q2 2026, indicating potential utilization and demand pressures across the fleet (Bitget News citing Reuters)
Total backlog declined to approximately $6.7 billion as of August 5, 2026, down from $7.1 billion on May 4, reflecting softer contracting activity outside the larger Equinor agreement (Transocean 8-K)
The over $1 billion backlog tied to the Equinor rig deal remains conditional on license approvals, posing uncertainty around its full conversion into firm contract revenues (Transocean 8-K)
Data summarised monthly by Lightyear AI. Last updated on 6 Sept 2026.
Transocean Financial Performance
Revenues and expenses
Transocean Earnings Performance
Company profitability
Upcoming events
No upcoming events
Transocean News
AllArticlesVideos
Funds containing Transocean
AllEURGBPUSD
Fund name | Fund size | $RIG weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.18% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.16% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | £2.4B | 0.16% |
iShares MSCI World Small Cap$WSML | $9B | 0.04% |
iShares MSCI World Small Cap€IUSN | €7.8B | 0.04% |
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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