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Transocean RIG Free cash flow margin

Free cash flow margin at other companies

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ValarisVAL
-31.2%
Noble Corporation logo
Noble CorporationNE
13.9%+5.4pp
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Patterson-UTI EnergyPTEN
6%-1.9pp
NOVA, Inc. logo
NOVA, Inc.NOV
8.4%-4.6pp
Weatherford International logo
Weatherford InternationalWFRD
9.6%+0.5pp
Oceaneering International logo
Oceaneering InternationalOII
8.5%+5.4pp

Other financials

Income statement

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Revenue$1.1B+19.3%
Gross profit$475.0M+64.9%
Operating income$287.0M+348%
Net income$71.0M+190%
EPS (diluted)$0.06+155%

Balance sheet

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Cash & equivalents$330.0M+25.5%
Total debt$5.3B-20.7%
Total equity$8.2B-19.8%
Total assets$15.2B-20.3%

Cash flow

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Operating cash flow$164.0M+531%
CapEx$28.0M-53.3%
Free cash flow$136.0M+500%

Valuation

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Market cap$5.88B+162%

Profitability

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Gross margin42.2%+4.7pp
Operating margin-18.7%+27.1pp
Net margin-67.4%-111pp

Returns & leverage

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Return on equity-30.3%-42.4pp
Debt / equity0.6×0.0×
Current ratio1.5×+0.2×

Where this comes from

Calculated from Transocean’s reported figures.

Based on trailing twelve months.

The official record: Transocean’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Transocean's free cash flow margin?
Transocean (RIG) reported free cash flow margin of 19.2% in Q1 2026.
How has Transocean's free cash flow margin changed year-over-year?
Transocean's free cash flow margin increased by 115.0% year-over-year, from 8.9% to 19.2%.
What is the long-term trend for Transocean's free cash flow margin?
Over 2 years (2021 to 2025), Transocean's free cash flow margin has grown at a 4.9% compound annual growth rate (CAGR), from 14.4% to 15.8%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.