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Seadrill SDRL Impairment Charges

Impairment Charges at other companies

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$26.46M
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$1.15M-99.3%
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Helix Energy Solutions GroupHLX
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Seacor Marine Holdings Inc.SMHI
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Other financials

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

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Market cap$2.69B+45.6%
Enterprise value$3.08B+50.6%
P/E2,685.1×+2,661×
P/S1.8×+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×

Where this comes from

Reported directly by Seadrill in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfLongLivedAssetsHeldForUse.

The source filing: Seadrill’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 5:02 PM EST
Fiscal year
FY2025
Accession
0001737706-26-000010
Line itemYear ended December 31, 2025Year ended December 31, 2024Year ended December 31, 2023
Selling, general and administrative expenses(103)(107)(74)
Total operating expenses(1,369)(1,223)(1,187)
Other operating items
Loss on impairment of long-lived assets(22)
Gain on disposals123414
Other operating income16
Total other operating items(21)25014
Operating profit47412329

Item 8. Financial Statements and Supplementary Data

FAQ

What is Seadrill's impairment charges?
Seadrill (SDRL) reported impairment charges of $5.5M in Q4 2025.
What does impairment charges mean?
Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.

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