Transocean Ltd.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $4.0B | $3.5B | $2.8B | $2.6B | $2.6B |
| Cost of revenue | $2.4B | $2.2B | $2.0B | $1.7B | $1.7B |
| Operating income | -$2.3B | -$417.0M | -$325.0M | -$31.0M | -$112.0M |
| Interest expense | $555.0M | $362.0M | $646.0M | $561.0M | $447.0M |
| Pretax income | -$2.9B | -$523.0M | -$941.0M | -$562.0M | -$470.0M |
| Income tax expense | -$33.0M | -$11.0M | $13.0M | $59.0M | $121.0M |
| Net income | -$2.9B | -$512.0M | -$954.0M | -$621.0M | -$592.0M |
| Balance Sheet | |||||
| Cash and equivalents | $620.0M | $560.0M | $762.0M | $683.0M | $976.0M |
| Current assets | $2.1B | $2.5B | $2.1B | $2.0B | $2.4B |
| Total assets | $15.6B | $19.4B | $20.3B | $20.4B | $20.7B |
| Current liabilities | $1.3B | $1.7B | $1.4B | $1.6B | $1.3B |
| Total debt | $5.7B | $6.9B | $7.4B | $7.3B | $7.2B |
| Stockholders' equity | $8.1B | $10.3B | $10.4B | $10.8B | $11.2B |
| Cash Flow Statement | |||||
| Cash from operations | $749.0M | $447.0M | $164.0M | $448.0M | $575.0M |
| Depreciation and amortization | $659.0M | $739.0M | $744.0M | $735.0M | $742.0M |
| Stock-based compensation | $35.0M | $47.0M | $40.0M | $29.0M | $28.0M |
| Capital expenditure | $123.0M | $254.0M | $427.0M | $717.0M | $208.0M |
| Free cash flow | $626.0M | $193.0M | -$263.0M | -$269.0M | $367.0M |
Shares outstanding 1.1B · Free float 72.6%
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.