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Seadrill

SDRL

Seadrill Limited is a leading offshore drilling contractor that provides worldwide drilling services to the global oil and gas industry.

Market cap
$2.99B+42.3%
Revenue$1.5B+13.1%
Net income$1.0M-98.7%
Free cash flow-$141.0M+27.7%
EPS (diluted)$0.03-97.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Nov 4, 2026 (in 2 months)
Revenue estimate$383.8M
EPS estimate$0.17

Financials

Q2 2026

Income statement

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Revenue$449.0M+19.1%
Operating income$72.0M+1,100%
Net income$29.0M+169%
EPS (diluted)$0.47+169%

Balance sheet

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Cash & equivalents$360.0M-14.1%
Total debt$754.0M+21.8%
Total equity$2.9B-0.2%
Total assets$4.1B+0.9%

Cash flow

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Operating cash flow-$18.0M
CapEx$25.0M+8.7%
Free cash flow-$43.0M-258%

Valuation & ratios

Valuation

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Market cap$3.11B+42.3%
Enterprise value$3.51B+47.1%
P/E3,112.1×+3,084×
P/S+0.4×

Profitability

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Operating margin8%+2.7pp
Net margin0.1%-5.6pp
FCF margin-9.2%-2.4pp

Returns & leverage

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Return on equity0%-2.6pp
Debt / equity0.3×0.0×
Current ratio2.5×+0.6×

Competitors

Profile

Seadrill Limited is a leading offshore drilling contractor that provides worldwide drilling services to the global oil and gas industry. The company specializes in the ownership and operation of a technologically advanced fleet of drillships, semi-submersible rigs, and jackup units for operations in shallow to ultra-deepwater environments. Its core value proposition centers on operational excellence and safety in some of the most challenging offshore sectors, including benign and harsh environments.

Competitive position

A global offshore driller with a modern, technologically advanced fleet and a strong safety record, maintaining significant market presence in deepwater and harsh environment sectors.

GeographiesBrazil, USA, Angola, Norway, Namibia, Singapore
Customer segmentsOil super-majors, National oil companies, Independent E&P companies
Business modelDayrate-based contracting, Asset-heavy service provider, Management services
SuppliersShipyards and rig manufacturers, Specialized drilling equipment suppliers, Classification societies, Fuel and logistics providers
CustomersPetrobras, Sonadrill, Talos Energy, LLOG Exploration, Global oil majors
Listed2022
Employees2.5K
CEOSamir Ali
SectorEnergy
FilingsSEC EDGAR

FAQ

What is Seadrill's market cap?
Seadrill (SDRL) has a market capitalization of $3.0B and trades on NYSE.
What is Seadrill's revenue and profitability?
Seadrill generated $1.5B in trailing twelve-month revenue with net income of $1.0M, representing a net margin of 0.1%, with free cash flow of -$141.0M. The latest reported period is Q2 2026.
Who are Seadrill's competitors?
Seadrill's key competitors include Valaris, Transocean, Noble Corporation, and others. These companies compete in similar markets and product categories.
Who does Seadrill partner with?
Seadrill's notable partners include Sonadrill, Sonangol, International Well Control Forum.
What subsidiaries does Seadrill have?
Seadrill's subsidiaries include Seadrill Management.
Where is Seadrill headquartered?
Seadrill is headquartered in United Kingdom and employs approximately 2,505 people. It has been publicly traded since 2022.