Seadrill Limited

Seadrill Limited

SDRL
Seadrill LimitedUS flagNew York Stock Exchange
47.29
USD
-0.60
- -
2.96BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
27.76
19.22
9.07
- -
21.15
20.37
23.14
23.27
Basic EPS, GAAP
-24.38
-93.18
-5.87
- -
4.23
6.56
-1.24
-1.12
Free Cash Flow per Basic Share
-6.08
-8.94
-1.83
- -
2.62
-1.01
-2.22
-1.61
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
32.84
-62.8
-74.32
34.04
40.47
46.95
45.82
45.65
Tangible Book Value per Share
32.84
-62.8
-74.32
34.04
40.47
46.95
45.82
45.65
Basic Weighted Avg Shares
50
50
100
- -
71
68
62
63
Sales/Revenue/Turnover
1,388
961
907
- -
1,502
1,385
1,437
1,460
Operating Margin (%)
-21.25
-40.37
-5.62
- -
22.57
14.58
4.87
5.27
Depreciation Expense
426
319
127
- -
155
168
238
254
Net Income, GAAP
-1,219
-4,659
-587
- -
300
446
-77
-70
Effective Tax Rate (%)
- -
- -
- -
- -
5.36
- -
- -
143.75
Profit Margin (%)
-87.82
-484.81
-64.72
- -
19.97
32.2
-5.36
-4.79
Working Capital
1,003
-5,483
608
453
769
427
384
394
LT Debt
6,043
426
908
496
610
618
631
631
Total Equity
1,793
-3,140
-3,716
1,702
2,983
2,918
2,858
2,851
Return on Invested Capital (%)
- -
- -
- -
- -
10.88
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
12.24
- -
- -
0.53
Return on Common Equity (%)
- -
- -
- -
- -
12.81
15.12
-2.67
-2.43

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
612
613
614
LT Finance Leases
17
18
17
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
62
62
62
Market Capitalization
1,884
2,158
2,841

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
830
758
811
Cash, Cash Equivalents & STI
402
339
304
Accounts Receivable, Net
179
162
214
Inventories
- -
- -
- -
Total Current Liabilities
439
374
417
Payables & Accruals
353
301
335
ST Debt
- -
- -
- -
Deferred Revenue
67
58
70

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-11.29%
-2.06%
Free Cash Flow
- -
- -
100%
Net Income, GAAP
- -
- -
-117.26%
Sales/Revenue/Turnover
- -
- -
3.75%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
367
375
354
289
1,385
2025
335
377
363
362
1,437
2026
358
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.83
3.61
0.48
1.58
6.56
2025
-0.23
-0.68
-0.17
-0.16
-1.24
2026
-0.11
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Samir Ali
Full Time Employees
3,000
Sector
Energy
Industry
Oil & Gas Drilling
Address
4425 Westway Park Blvd. Hamilton TX United States of America 77041
IPO Date
Oct 14, 2022
Business
Seadrill Limited (NYSE: SDRL) is a Bermuda-based offshore drilling contractor founded in 2005 and headquartered in Hamilton that provides contract drilling services to the oil and gas industry worldwide; its primary business focuses on the ownership and operation of a modern fleet of drillships, semi-submersible rigs, and jack-up rigs capable of operations in shallow to ultra-deepwater environments across both benign and harsh conditions, including key markets in the United States Gulf of Mexico, Angola, Brazil, Norway, and other regions. The company serves a diverse customer base comprising oil super-majors, integrated oil companies, state-owned national oil companies, and independent operators, delivering specialized drilling solutions through advanced technologies, experienced crews, and management services; it also maintains the Sonadrill joint venture in Angola, which operates three rigs including West Gemini, Sonangol Libongos, and Sonangol Quenguela. Seadrill emphasizes safety, efficiency, and responsible operations, with approximately 3,300 employees supporting its activities from onshore bases including Houston, Texas. In recent developments, Seadrill secured over $300 million in new contract awards across five rigs during the third quarter of 2025, including extensions for the Sonadrill joint venture in Angola with Sonangol Exploração & Produção, Azule Energy Angola, and TotalEnergies totaling an estimated 1,000 incremental days; additional U.S. Gulf of Mexico contracts were awarded to West Vela with Walter Oil and Gas and Talos, and to Sevan Louisiana with Walter Oil and Gas, extending backlog visibility into 2026 and building firm order backlog to approximately $2.5 billion as of November 2025. The company continues to pursue a disciplined commercial strategy amid improving industry fundamentals, with CEO Simon Johnson highlighting potential for asset acquisitions or mergers to expand its fleet toward 20-25 rigs while maintaining financial discipline supported by $428 million in cash equivalents at quarter-end.

Company News

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  • Seadrill Announces Private Offering of $600 Million Senior Notes

  • Seadrill Announces 2026 Annual General Meeting Voting Results

  • Seadrill Q1 Earnings Call Highlights

  • Seadrill Limited (SDRL) Q1 2026 Earnings Call Transcript

  • Seadrill (SDRL) Reports Q1 Loss, Beats Revenue Estimates

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