Seadrill Ltd (SDRL)

Seadrill Limited provides offshore drilling services to the oil and gas industry worldwide. The company owns and operates floaters, such as drillships and semi-submersible rigs for operations in shallow and ultra-deep water in benign and harsh environments. It also offers jackup rigs, management services, and provides contracts drilling units to drill wells. It serves oil super-majors, state-owned national oil companies, and independent oil and gas companies. The company was formerly known as Seadrill 2021 Limited. Seadrill Limited was incorporated in 2005 and is based in Houston, Texas.

Symbol
SDRL
Exchange
NYSE
Sector
Energy
Industry
Oil & Gas Drilling
Market cap
$2.90B
52 week range
28.1 - 55.47

Valuation

Share price
$46.26 (close of 2026-09-23)
P/E (TTM)
1295.85x
Price to book
1.01x
Price to free cash flow
-55.86x
Enterprise value
$3.32B
Book value per share
$46.19

Price performance

PeriodChange
1 day-0.69%
5 days-7.03%
1 month-2.18%
3 months+16.32%
6 months+4.45%
Year to date+33.70%
1 year+45.88%
3 years+3.77%
All time+74.57%

Profitability and growth

Return on equity
-2.69%
Return on invested capital
0.75%
Return on assets
-1.95%
Return on capital employed
1.32%
Gross margin
13.77%
Net margin
-7.07%
EBITDA margin
26.17%
Revenue growth
7.93%
Net income growth
-117.26%
Free cash flow growth
-131.82%

Cash flow and balance sheet

Free cash flow yield (TTM)
-1.79%
Current ratio
2.50x
Net debt to EBITDA
1.19x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$1.09B
Cost of revenue
$939.00M
Gross profit
$150.00M
EBITDA
$285.00M
Net income
$-77.00M
Earnings per share
$-1.18
Interest expense
$61.00M
Shares outstanding
65.00M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$1.09B$150.00M$-77.00M$-1.18
2024-12-31$1.01B$519.00M$446.00M$6.56
2023-12-31$1.15B$403.00M$300.00M$4.23
2021-12-31$663.00M-$-587.00M$-5.85
2020-12-31$605.00M-$-4.66B$-46.43
2019-12-31$863.00M-$-1.22B$-12.18
2017-12-31$1.89B-$-2.97B$-5.89

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3113.77%-7.07%-2.69%0.75%
2024-12-3151.44%44.20%15.28%13.47%
2023-12-3134.92%26.00%10.06%10.77%
2021-12-31--88.54%15.80%-
2020-12-31--770.08%148.38%-177.43%
2019-12-31--141.25%-73.88%-3.22%
2017-12-31--157.47%-42.72%-13.00%

Cash and debt by year

Period endCashDebt
2025-12-31$339.00M$613.00M
2024-12-31$478.00M$610.00M
2023-12-31$697.00M$608.00M
2021-12-31$293.00M-
2020-12-31$491.00M-
2019-12-31$485.00M$6.28B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$-28.00M$20.00M
2024-12-31$88.00M$17.00M
2023-12-31$287.00M$8.00M
2021-12-31$-238.00M-
2020-12-31$-557.00M$8.00M
2019-12-31$-409.00M$5.00M
2017-12-31$249.00M$7.00M

Dividend history

Most recent payment
2014-09-04
Payment dateDividend per share
2014-09-04$0.00
2014-06-10$0.00
2014-03-05$0.00
2013-12-03$0.00
2013-09-05$0.00
2013-06-05$0.00
2012-12-04$1.70
2012-09-04$0.84

Investor relations

Next earnings report

Next confirmed report
2026-11-04
Consensus EPS estimate
$0.17

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-10Jun/2026$0.29
2026-05-11--
2026-02-25--
2025-11-05--
2025-08-06--
2025-05-12--
2025-02-26--
2024-11-12--

Filings and sources

Company website
seadrill.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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