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Seadrill SDRL Payment of Long Term Maintenance Cost

Payment of Long Term Maintenance Cost at other companies

International Seaways, Inc. logo
International Seaways, Inc.INSW
$13.85M-18.0%
Willis Lease Finance logo
Willis Lease FinanceWLFC
$9.42M+47.3%
Kirby Corporation logo
Kirby CorporationKEX
$6.7M-6.7%
Willis Lease Finance logo
Willis Lease FinanceWLFC
$8.86M+66.3%
Marathon Digital Holdings logo
Marathon Digital HoldingsMARA
$30.63M+54.8%
Independent Bank Corp logo
Independent Bank CorpINDB
$3.96M-0.9%

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$2.49B+82.8%
Enterprise value$2.79B+80.4%
P/S1.7×+0.7×

Profitability

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Operating margin3.8%-22.3pp
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

Reported directly by Seadrill in its filing.

Tagged under the XBRL concept sdrl:PaymentOfLongTermMaintenanceCost.

The official record: Seadrill’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Seadrill's payment of long term maintenance cost?
Seadrill (SDRL) reported payment of long term maintenance cost of $38M in Q1 2026.
How has Seadrill's payment of long term maintenance cost changed year-over-year?
Seadrill's payment of long term maintenance cost decreased by 29.6% year-over-year, from $54M to $38M.
What is the long-term trend for Seadrill's payment of long term maintenance cost?
Over 2 years (2023 to 2025), Seadrill's payment of long term maintenance cost has grown at a 40.4% compound annual growth rate (CAGR), from $108M to $213M.
What does payment of long term maintenance cost mean?
Represents cash outflows related to the periodic major maintenance, surveys, and upgrades required to keep offshore drilling assets in compliance with regulatory and operational standards. These expenditures are critical for maintaining the technical readiness and safety certifications of drillships and rigs. High levels of these payments reflect the ongoing capital intensity required to sustain the operational lifespan of the fleet.