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    Transocean Ltd (RIG)

    Official site

    ENERGY • OIL & GAS DRILLING • NYSE

    $5.58
    -0.07 (-1.24%)

    Market Cap: $6.23B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    51%(20/39)
    Avg Surprise
    -35.64%
    Streak
    1 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.02
    Range$-0.01 - $0.04
    9 analysts
    EPS Revisions
    1
    0
    7d
    1
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$0.04-29.7%
    60d ago$0.03-28.0%
    30d ago$0.02+7.3%
    7d ago$0.02+2.5%
    Current$0.02
    Revenue Consensus
    $943M
    Range$931M - $955M
    8 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.04
    Range$-0.03 - $0.11
    8 analysts
    Revenue Consensus
    $1.0B
    Range$960M - $1.0B
    10 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.04---
    Sep 26EST
    		-$0.02---
    Jun 26
    Reported Aug 5
    		$0.03$0.01+200.00%Beat+50.0%
    Mar 26
    Reported May 4
    		$-0.03N/A-137.50%Miss+57.1%
    Dec 25
    Reported Feb 19
    		$0.02N/A-75.22%Miss+122.2%
    Sep 25
    Reported Oct 29
    		$0.06$0.03+100.00%Beat-14.3%
    Jun 25
    Reported Aug 4
    		$0.02$-0.03+166.67%Beat+113.3%
    Mar 25
    Reported Apr 28
    		$-0.07$-0.10+30.00%Beat-133.3%
    Dec 24
    Reported Feb 17
    		$-0.09$0.00-3203.45%Miss+0.0%
    Sep 24
    Reported Oct 30
    		$0.07$-0.04+275.00%Beat+119.4%
    Jun 24
    Reported Jul 31
    		$-0.15$-0.10-50.00%Miss+0.0%
    Mar 24
    Reported Apr 29
    		$-0.03N/A+80.00%Beat+92.1%
    Dec 23
    Reported Feb 19
    		$-0.09N/A+60.87%Beat+81.6%
    Sep 23
    Reported Oct 30
    		$-0.36$-0.24-50.00%Miss-500.0%
    Jun 23
    Reported Jul 31
    		$-0.15$-0.14-7.14%Miss-50.0%
    Mar 23
    Reported May 1
    		$-0.38$-0.22-72.73%Miss-35.7%
    Dec 22
    Reported Feb 21
    		$-0.49$-0.21-133.33%Miss-157.9%
    Sep 22
    Reported Nov 2
    		$-0.06N/A+66.67%Beat+68.4%
    Jun 22
    Reported Aug 1
    		$-0.10$-0.14+28.57%Beat+44.4%
    Mar 22
    Reported May 2
    		$-0.28$-0.24-16.67%Miss-47.4%
    Dec 21
    Reported Feb 22
    		$-0.19$-0.12-58.33%Miss+44.1%
    Sep 21
    Reported Nov 1
    		$-0.19$-0.15-26.67%Miss-72.7%
    Jun 21
    Reported Aug 2
    		$-0.18$-0.14-28.57%Miss-50.0%
    Mar 21
    Reported May 3
    		$-0.19$-0.18-5.56%Miss+36.7%
    Dec 20
    Reported Feb 22
    		$-0.34$-0.19-78.95%Miss+20.9%
    Sep 20
    Reported Nov 2
    		$-0.11$-0.12+8.33%Beat+71.1%
    Jun 20
    Reported Jul 29
    		$-0.12N/A+57.14%Beat+64.7%
    Mar 20
    Reported Apr 29
    		$-0.30$-0.29-3.45%Miss+0.0%
    Dec 19
    Reported Feb 17
    		$-0.43$-0.30-43.33%Miss-26.5%
    Sep 19
    Reported Oct 28
    		$-0.38$-0.36-5.56%Miss-733.3%
    Jun 19
    Reported Jul 29
    		$-0.34$-0.34+0.00%Beat-750.0%
    Mar 19
    Reported Apr 29
    		$-0.30$-0.32+6.25%Beat+37.5%
    Dec 18
    Reported Feb 18
    		$-0.34$-0.24-41.67%Miss-41.7%
    Sep 18
    Reported Oct 29
    		$0.06$-0.10+160.00%Beat-62.5%
    Jun 18
    Reported Jul 30
    		$-0.04N/A+77.78%Beat-500.0%
    Mar 18
    Reported Apr 30
    		$-0.48$-0.37-29.73%Miss-4900.0%
    Dec 17
    Reported Feb 20
    		$-0.24$-0.28+14.29%Beat-138.1%
    Sep 17
    Reported Nov 1
    		$0.16$0.03+433.33%Beat-
    Jun 17
    Reported Aug 2
    		$0.01N/A+111.11%Beat-
    Mar 17
    Reported May 3
    		$0.01N/A+114.29%Beat-
    Dec 16
    Reported Feb 23
    		$0.63$0.08+687.50%Beat-

    Dividends

    Dividend Metrics

    Forward Yield0.00%
    Forward Annual Dividend$0.00
    No dividend payments in the selected period.

    Key Metrics

    Valuation
    P/E Ratio69.75EV/EBITDAN/A
    Price/FCF6.91xFCF Yield14.46%
    Profitability
    Profit Margin-40.20%Operating Margin17.40%
    ROE-18.70%ROIC-7.91%
    Financial Health
    Debt/Equity0.61xInterest Coverage-0.72x
    Current Ratio1.59xQuick Ratio1.27x
    Trading Statistics
    Beta1.41Avg Volume41.13M
    52-Week High$7.6652-Week Low$3.14

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$5.46
    SMA 20$5.44
    SMA 50$5.62
    SMA 200$5.74
    EMA 10$5.51
    EMA 20$5.50
    EMA 50$5.55
    EMA 200$5.37

    MACD

    Line: -0.01Signal: -0.05Hist: 0.04

    ADX

    ADX: 17.5+DI: 23.9-DI: 16.0

    Aroon & PSAR

    Aroon Up20.0
    Aroon Down64.0
    PSAR$5.22

    Bollinger Bands

    Upper Band$5.75
    Lower Band$5.14
    %B Position1119%(Upper)
    Band Width0.73

    RSI (14-Day)

    Neutral
    52.6

    Momentum Oscillators

    Stoch %K76.4
    Stoch %D79.7
    Williams %R-34.0
    ROC (10d)6.5%
    Momentum0.34
    CCI (20d)107.1
    MFI (14d)38.7

    Volatility Measures

    ATR (14d)$0.21(3.7%)
    StdDev (20d)0.15
    Hist Vol33.7%(Moderate)

    Volume Flow

    VWAP$5.66
    OBV1.6B
    AD Line203.9M
    CMF (20d)-0.237

    Volume Metrics

    Avg Vol (20d)38.9M
    Vol Ratio1.5x
    VWMA (20d)$5.45

    Pivot Points

    R3$5.89
    R2$5.84
    R1$5.74
    Pivot Point$5.69
    S1$5.59
    S2$5.54
    S3$5.44

    Advanced Oscillators

    TSI-1.90
    Ultimate Osc38.0
    KST-48.01

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$966.00M$1.08B$1.04B$1.03B$988.00M$906.00M$952.00M$948.00M$861.00M$763.00M$741.00M$713.00M
    Cost of Revenue$608.00M$606.00M$605.00M$584.00M$599.00M$618.00M$579.00M$563.00M$534.00M$523.00M$569.00M$524.00M
    Gross Profit$358.00M$475.00M$438.00M$444.00M$389.00M$288.00M$373.00M$385.00M$327.00M$240.00M$172.00M$189.00M
    Operating Expenses$206.00M$188.00M$198.00M$2.12B$1.35B$224.00M$243.00M$870.00M$386.00M$243.00M$243.00M$244.00M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$56.00M$49.00M$50.00M$46.00M$49.00M$50.00M$56.00M$47.00M$59.00M$52.00M$50.00M$44.00M
    Operating Income$152.00M$287.00M$240.00M$-1,677,000,000$-964,000,000$64.00M$130.00M$-485,000,000$-59,000,000$-3,000,000$-71,000,000$-55,000,000
    Interest Income$12.00M$10.00M$10.00M$12.00M$10.00M$8.00M$10.00M$11.00M$14.00M$15.00M$10.00M$12.00M
    Interest Expense$-20,000,000$287.00M$170.00M$154.00M$112.00M$116.00M$91.00M$59.00M$-66,000,000$117.00M$-4,000,000$232.00M
    Income Before Tax$184.00M$17.00M$82.00M$-1,897,000,000$-1,093,000,000$-40,000,000$62.00M$-525,000,000$33.00M$-93,000,000$-83,000,000$-263,000,000
    Income Tax Expense$14.00M$-54,000,000$57.00M$26.00M$-155,000,000$39.00M$55.00M$-31,000,000$156.00M$-191,000,000$21.00M$-43,000,000
    Net Income$170.00M$71.00M$25.00M$-1,923,000,000$-938,000,000$-79,000,000$7.00M$-494,000,000$-123,000,000$98.00M$-104,000,000$-220,000,000
    EBITDA$310.00M$447.00M$401.00M$-1,583,000,000$-804,000,000$257.00M$337.00M$-274,000,000$150.00M$211.00M$107.00M$170.00M
    EBIT$152.00M$294.00M$242.00M$-1,755,000,000$-991,000,000$68.00M$143.00M$-477,000,000$-47,000,000$9.00M$-97,000,000$-43,000,000
    * Some calculated fields are derived from available data when not provided by source

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    News

    Transocean amends credit facility, extends matu...

    Transocean Ltd. has amended its credit agreement, extending its revolving credit facility to October 2031 with an increased limit of $750 million. The company also retired $165 million in Senior Secured Notes early...

    Pluang•10/15/26•Bullish

    Transocean amends credit facility, retires $165M in notes By Investing.com

    Transocean Ltd. announced that its subsidiary, Transocean International Limited, amended and restated its credit agreement with Citibank, N.A....

    Investing.com South Africa•10/15/26•Bullish

    A $165 million debt payoff is expected to save about $22 million in interest by maturity.

    Transocean (RIG) announced an amended credit agreement through its wholly owned subsidiary, Transocean International...

    Stock Titan•10/15/26•Somewhat-Bullish

    Transocean Ltd. Announces Amended and Restated Credit Agreement and Redemption of Deepwater Aquila Notes

    Transocean Ltd. announced that its subsidiary entered into an amended and restated credit agreement, extending the maturity date, increasing revolving commitments to $750 million...

    GlobeNewswire•10/15/26•Bullish

    Transocean Amends Revolving Credit Facility to $750 Million, Extends Maturity to 2031 With Citibank

    Transocean (RIG) has amended its secured revolving credit facility, increasing it to $750 million and extending its maturity to October 2031 with Citibank. This change is contingent on the closing of its acquisition...

    TradingView•10/15/26•Somewhat-Bullish

    RIG Valuation and Fair Value

    P/E
    69.8x
    Forward P/E
    15.2x
    P/FCF
    6.9x
    PEG
    1.2x
    P/B
    0.7x
    See GNG's fair value

    RIG Profitability: Margins, ROIC and FCF

    Gross margin
    41.6%
    Operating margin
    17.4%
    Net margin
    -40.2%
    ROIC
    -7.9%
    ROE
    -18.7%
    FCF margin
    22.0%
    FCF yield
    14.5%

    RIG Competitors

    CompanyTicker
    Plains GP Holdings LPPAGP
    International Seaways IncINSW
    CVR Energy IncCVI
    CMB.TECH NVCMBT
    Hess Midstream Partners LPHESM
    Valaris LtdVAL
    NOV Inc.NOV
    NexGen Energy Ltd.NXE

    Sector: Energy

    RIG Analyst Ratings

    Consensus
    Hold
    Analysts
    13
    Strong Buy
    1
    Buy
    5
    Hold
    5
    Sell
    0
    Strong Sell
    2

    RIG Bull Case vs Bear Case

    Bull case

    • RIG converts 22.0% of revenue into free cash flow.

    Bear case

    • RIG trades at 69.8x trailing earnings.
    • RIG has a -40.2% net profit margin.
    • RIG's quarterly revenue changed -2.2% year over year.

    RIG Earnings: Beat Rate and Next Report

    Beat rate
    5 of 8 quarters (62.5%)
    Average surprise
    -330.6%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.02
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    1 up, 0 down

    RIG Dividend

    Forward yield
    0.0%

    Frequently Asked Questions About RIG

    Does RIG pay dividends?

    Transocean Ltd (RIG) has a dividend payment track record. See the RIG dividend history page for its current payment status, TTM yield, and recorded payments.

    What is RIG's P/E ratio?

    Transocean Ltd has a price-to-earnings (P/E) ratio of 69.75.

    What is RIG's market cap?

    Transocean Ltd (RIG) has a market capitalization of $6.23B with a current stock price of $5.58.

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