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Seadrill SDRL Operating margin

Operating margin at other companies

Valaris logo
ValarisVAL
11.3%-9.9pp
Transocean logo
TransoceanRIG
-18.7%+27.1pp
Noble Corporation logo
Noble CorporationNE
14.2%-6.6pp
Nabors Industries logo
Nabors IndustriesNBR
12.7%0.0pp
Helmerich & Payne logo
Helmerich & PayneHP
3.3%-13.2pp
Helix Energy Solutions Group logo
Helix Energy Solutions GroupHLX
5.6%-0.9pp

Other financials

Income statement

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Revenue$358.0M+6.9%
Operating income$24.0M+33.3%
Net income-$7.0M+50.0%
EPS (diluted)-$0.11+52.2%

Balance sheet

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Cash & equivalents$329.0M-23.5%
Total debt$631.0M+2.1%
Total equity$2.9B-2.0%
Total assets$4.0B-1.7%

Cash flow

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Operating cash flow-$22.0M+18.5%
CapEx$13.0M-71.1%
Free cash flow-$35.0M+51.4%

Valuation

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Market cap$2.69B+45.6%
Enterprise value$2.99B+46.1%
P/S1.8×+0.5×

Profitability

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Net margin-4.8%-32.3pp
FCF margin-7.5%-1.8pp

Returns & leverage

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Return on equity-2.4%-15.2pp
Debt / equity0.2×0.0×
Current ratio1.9×-0.1×

Where this comes from

Calculated from Seadrill’s reported figures.

Based on trailing twelve months.

The source filing: Seadrill’s 10-Q, filed May 11, 2026. Open the filing →

Filed
May 11, 2026, 4:01 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001737706-26-000016

FAQ

What is Seadrill's operating margin?
Seadrill (SDRL) reported operating margin of 3.8% in Q1 2026.
How has Seadrill's operating margin changed year-over-year?
Seadrill's operating margin decreased by 85.3% year-over-year, from 26.1% to 3.8%.
What is the long-term trend for Seadrill's operating margin?
Over 2 years (2023 to 2025), Seadrill's operating margin has grown at a -60.1% compound annual growth rate (CAGR), from 21.9% to 3.5%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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