RIG vs SDRL Stock Comparison

Transocean and Seadrill Prices as of Oct 26, 2026 Peers: Industry group
RIG Transocean Ltd.
$6.54 +21.3% 1M +67.7% 1Y
Market cap
$7.23B
P/E
–
Revenue (TTM)
$4.12B
Div. yield
–
Offshore Drilling Energy
4 wins
SDRL SEADRILL Ltd
$51.92 +14.0% 1M +62.9% 1Y
Market cap
$3.15B
P/E
3,150x
Revenue (TTM)
$1.53B
Div. yield
–
Offshore Drilling Energy
5 wins

Head to Head

9 decided of 12

Seadrill leads on 5 of the 12 questions below (Seadrill 5, Transocean 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionRIGSDRLLeader
Larger companyMarket capitalisation $7.23B $3.15B RIG
Cheaper on earningsLower P/E, profitable companies only -4.4x 3,150x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 29.7x 73.1x RIG
Faster revenue growthRevenue growth, trailing twelve months +8.5% +13.1% SDRL
More profitableNet margin, trailing twelve months -40.2% 0.1% SDRL
Better return on capitalReturn on invested capital -7.4% 0.2% SDRL
Less leveragedLower net debt / EBITDA -12.9x 1.0x RIG
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +67.7% +62.9% RIG
Better 5-year returnAnnualised price return, 5 years +12.2%/yr — –
Less volatileAnnualised volatility, 1 year 48.4% 40.9% SDRL
Higher overall scoreMean of the five percentile scores vs peers 43/100 44/100 SDRL

Percentile Scorecard

RIGSDRL

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisRIGSDRL
Valuation 50 #24 of 47 13 #41 of 47
Growth 84 #8 of 44 61 #18 of 44
Profitability 13 #36 of 41 20 #33 of 41
Financial Health 24 #35 of 46 82 #9 of 46
Shareholder Returns – –
Overall 43 44
  • RIG ranked among 48 companies in Oilfield Services and Equipment
  • SDRL ranked among 48 companies in Oilfield Services and Equipment

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodRIGSDRLSPY
1 month +21.3%+14.0% -0.8%
3 months +23.9%+20.9% +3.5%
6 months +0.3%+6.2% +7.0%
Year to date +58.4%+50.1% +12.2%
1 year +67.7%+62.9% +13.0%
3 years -0.2%+30.3% +86.3%
3 years, per year -0.1%+9.2% +23.1%
5 years +77.7%— +68.6%
5 years, per year +12.2%— +11.0%
10 years -36.6%— +258.0%
10 years, per year -4.5%— +13.6%

Risk

MeasureRIGSDRLSPY
Volatility, 1Y 48.4%40.9% 12.7%
Downside volatility, 1Y 48.8%37.7% 12.7%
Beta vs S&P 500, 1Y 0.410.26 1.00
Return / volatility, 1Y 1.401.54 1.02
Max drawdown, 5Y -75.8%-66.1% -25.4%
From 52-week high -13.7%-5.3% -1.8%
52-week high $7.58$54.80 $779.14
52-week low $3.75$28.40 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleRIGSDRL
P/E now vs peer median -4.4xmedian 25.5x 3,219xmedian 25.5x
P/S now vs peer median 1.8xmedian 1.2x 2.1xmedian 1.2x
EV/EBITDA now vs peer median -33.5xmedian 8.6x 9.3xmedian 8.6x
P/FCF now vs peer median 8.1xmedian 14.7x -24.6xmedian 14.7x
P/B now vs peer median 0.9xmedian 1.6x 1.1xmedian 1.6x
PEG now vs peer median 3.30median 0.41 123.65median 0.41

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsRIGSDRL
Revenue $4.12B $1.53B
Gross profit $1.72B $703.00M
Operating income -$998.00M $119.00M
Net income -$1.66B $1.00M
Free cash flow $904.00M -$132.00M
EPS (diluted) $-1.38 $0.02
Cash & equivalents $509.00M $337.00M
Total debt $5.12B $737.00M
Shares (diluted) 1.20B 65.00M
Enterprise value $4.94B $1.77B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricRIGSDRL
P/E -4.4x 3,219x
P/FCF 8.1x -24.6x
P/Operating cash flow 7.3x -62.4x
P/S 1.8x 2.1x
P/B 0.9x 1.1x
P/Tangible book 0.9x 1.1x
EV/EBITDA -33.5x 9.3x
EV/EBIT -11.9x 30.6x
EV/Revenue 2.9x 2.4x
EV/FCF 13.2x -27.6x
EV/Operating cash flow 12.0x -70.1x
PEG (3Y EPS CAGR) 3.30 123.65

Growth

14 metrics
MetricRIGSDRL
Revenue growth (1Y) 8.5% 13.1%
Revenue CAGR (3Y) 15.5% 6.8%
Gross profit growth (1Y) 19.5% 18.2%
Gross profit CAGR (3Y) 21.8% 17.8%
Operating income growth (1Y) 20.5% 75.0%
Operating income CAGR (3Y) -68.7% 38.4%
Net income growth (1Y) -10.2% -98.7%
Net income CAGR (3Y) -18.0% 26.0%
EPS growth (1Y) 29.8% -98.7%
EPS CAGR (3Y) -1.3% 26.0%
Operating cash flow growth (1Y) 79.6% -44.4%
Operating cash flow CAGR (3Y) 24.3% –
Free cash flow growth (1Y) 136.0% 32.3%
Free cash flow CAGR (3Y) 105.6% –

Profitability

14 metrics
MetricRIGSDRL
Gross margin 41.6% 45.9%
EBITDA margin -8.6% 25.6%
Operating margin -24.2% 7.8%
Pretax margin -39.2% 1.2%
Net margin -40.2% 0.1%
FCF margin 22.0% -8.6%
Operating cash flow margin 24.2% -3.4%
Return on equity -20.0% 0.0%
Return on assets -10.9% 0.0%
Return on invested capital -7.4% 0.2%
Return on capital employed -7.2% 3.2%
Asset turnover 0.3x 0.4x
Cash conversion (OCF / net income) -0.6x -52.0x
Stock comp / revenue 0.8% 1.1%

Financial Health

11 metrics
MetricRIGSDRL
Debt / assets 33.8% 17.9%
Debt / equity 0.6x 0.3x
Net debt / EBITDA -12.9x 1.0x
Debt / FCF 5.7x -5.6x
Liabilities / assets 44.8% 30.2%
Equity / assets 55.2% 69.8%
Interest coverage -1.7x 1.9x
Current ratio 1.6x 2.5x
Quick ratio 0.9x 1.8x
Cash ratio 0.4x 0.9x
Altman Z-score 0.09 2.50

Shareholder Returns

7 metrics
MetricRIGSDRL
Dividend yield – –
Net buyback yield – –
Shareholder yield 0.0% –
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusRIGSDRL
Forward P/E 29.7xFY2026 73.1xFY2026
EPS, next fiscal year $0.22FY2026 $0.71FY2026
EPS growth, next FY +450.0%FY2026 –
EPS growth, the year after +36.4% +402.8%
Revenue, next fiscal year $4.04BFY2026 $1.51BFY2026
Revenue growth, next FY +2.1%FY2026 +4.7%FY2026
Revenue growth, the year after -5.7% +20.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersRIGSDRL
Held by institutions 89.1% 97.4%
Institutions holding 535 239
Change in shares held, QoQ +10.0% -4.0%
Institutions buying 273 140
Institutions selling 151 60
Buyers to sellers 1.81 2.33

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

RIGSDRL
RIG 1.00 0.70
SDRL 0.70 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, RIG and SDRL?

Transocean (RIG) is the largest by market capitalisation: Transocean (RIG) $7.23B, Seadrill (SDRL) $3.15B.

Which company is growing faster?

Seadrill (SDRL) grew revenue fastest over the trailing twelve months: Transocean (RIG) +8.5%, Seadrill (SDRL) +13.1%.

Which company is more profitable?

Seadrill (SDRL) has the highest net margin (Transocean (RIG) -40.2%, Seadrill (SDRL) 0.1%). On return on invested capital, Seadrill (SDRL) leads (Transocean (RIG) -7.4%, Seadrill (SDRL) 0.2%).

Which stock has performed better?

Over the past year Transocean (RIG) returned the most: Transocean (RIG) +67.7%, Seadrill (SDRL) +62.9%. Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Seadrill (SDRL) has been the steadiest (Transocean (RIG) 48.4%, Seadrill (SDRL) 40.9%). Volatility measures how widely the price swings, not the risk of the business.

Do RIG and SDRL move together?

Their daily returns over the past year have a correlation of 0.70, a moderate positive relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, RIG and SDRL?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Seadrill (SDRL) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.