SDRL vs HP vs RIG Stock Comparison

Seadrill, Helmerich & Payne and Transocean Prices as of Oct 26, 2026 Peers: Industry group
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
3 wins
HP Helmerich & Payne, Inc.
$39.82 +3.2% 1M +55.3% 1Y
Market cap
$3.96B
P/E
–
Revenue (TTM)
$4.00B
Div. yield
0.03%
Land Drilling Energy
2 wins
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
5 wins

Head to Head

10 decided of 12

Transocean leads on 5 of the 12 questions below (Transocean 5, Seadrill 3, Helmerich & Payne 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSDRLHPRIGLeader
Larger companyMarket capitalisation $3.15B $3.96B $7.23B RIG
Cheaper on earningsLower P/E, profitable companies only 3,150x -28.9x -4.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 73.1x — 29.7x RIG
Faster revenue growthRevenue growth, trailing twelve months +13.1% +16.6% +8.5% HP
More profitableNet margin, trailing twelve months 0.1% -3.4% -40.2% SDRL
Better return on capitalReturn on invested capital 0.2% 2.0% -7.4% HP
Less leveragedLower net debt / EBITDA 1.0x 2.0x -12.9x RIG
Higher dividend yieldTrailing dividend yield 0.00% 0.03% 0.00% –
Better 1-year returnPrice return, last 12 months +62.9% +55.3% +67.7% RIG
Better 5-year returnAnnualised price return, 5 years — +4.6%/yr +12.2%/yr RIG
Less volatileAnnualised volatility, 1 year 40.9% 42.9% 48.4% SDRL
Higher overall scoreMean of the five percentile scores vs peers 44/100 38/100 43/100 SDRL

Percentile Scorecard

SDRLHPRIG

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

AxisSDRLHPRIG
Valuation 13 #41 of 47 67 #16 of 47 50 #24 of 47
Growth 61 #18 of 44 40 #27 of 44 84 #8 of 44
Profitability 20 #33 of 41 25 #31 of 41 13 #36 of 41
Financial Health 82 #9 of 46 31 #32 of 46 24 #35 of 46
Shareholder Returns – 29 #23 of 32 –
Overall 44 38 43
  • SDRL ranked among 48 companies in Oilfield Services and Equipment
  • HP ranked among 48 companies in Oilfield Services and Equipment
  • RIG 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

PeriodSDRLHPRIGSPY
1 month +14.0%+3.2%+21.3% -0.8%
3 months +20.9%+18.4%+23.9% +3.5%
6 months +6.2%+3.0%+0.3% +7.0%
Year to date +50.1%+38.8%+58.4% +12.2%
1 year +62.9%+55.3%+67.7% +13.0%
3 years +30.3%+0.9%-0.2% +86.3%
3 years, per year +9.2%+0.3%-0.1% +23.1%
5 years —+25.3%+77.7% +68.6%
5 years, per year —+4.6%+12.2% +11.0%
10 years —-38.6%-36.6% +258.0%
10 years, per year —-4.8%-4.5% +13.6%

Risk

MeasureSDRLHPRIGSPY
Volatility, 1Y 40.9%42.9%48.4% 12.7%
Downside volatility, 1Y 37.7%43.1%48.8% 12.7%
Beta vs S&P 500, 1Y 0.260.190.41 1.00
Return / volatility, 1Y 1.541.291.40 1.02
Max drawdown, 5Y -66.1%-71.9%-75.8% -25.4%
From 52-week high -5.3%-16.4%-13.7% -1.8%
52-week high $54.80$47.64$7.58 $779.14
52-week low $28.40$25.32$3.75 $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.

MultipleSDRLHPRIG
P/E now vs peer median 3,219xmedian 25.5x -29.0xmedian 25.5x -4.4xmedian 25.5x
P/S now vs peer median 2.1xmedian 1.2x 1.0xmedian 1.2x 1.8xmedian 1.2x
EV/EBITDA now vs peer median 9.3xmedian 8.6x 6.8xmedian 8.6x -33.5xmedian 8.6x
P/FCF now vs peer median -24.6xmedian 14.7x 12.6xmedian 14.7x 8.1xmedian 14.7x
P/B now vs peer median 1.1xmedian 1.6x 1.5xmedian 1.6x 0.9xmedian 1.6x
PEG now vs peer median 123.65median 0.41 0.88median 0.41 3.30median 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 monthsSDRLHPRIG
Revenue $1.53B $4.00B $4.12B
Gross profit $703.00M $1.27B $1.72B
Operating income $119.00M $89.92M -$998.00M
Net income $1.00M -$130.00M -$1.66B
Free cash flow -$132.00M $315.29M $904.00M
R&D – $27.14M –
EPS (diluted) $0.02 $-1.37 $-1.38
Cash & equivalents $337.00M $204.43M $509.00M
Total debt $737.00M $1.86B $5.12B
Shares (diluted) 65.00M 100.03M 1.20B
Enterprise value $1.77B $3.04B $4.94B

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
MetricSDRLHPRIG
P/E 3,219x -29.0x -4.4x
P/FCF -24.6x 12.6x 8.1x
P/Operating cash flow -62.4x 6.9x 7.3x
P/S 2.1x 1.0x 1.8x
P/B 1.1x 1.5x 0.9x
P/Tangible book 1.1x 1.8x 0.9x
EV/EBITDA 9.3x 6.8x -33.5x
EV/EBIT 30.6x 62.4x -11.9x
EV/Revenue 2.4x 1.4x 2.9x
EV/FCF -27.6x 17.8x 13.2x
EV/Operating cash flow -70.1x 9.7x 12.0x
PEG (3Y EPS CAGR) 123.65 0.88 3.30

Growth

14 metrics
MetricSDRLHPRIG
Revenue growth (1Y) 13.1% 16.6% 8.5%
Revenue CAGR (3Y) 6.8% 12.0% 15.5%
Gross profit growth (1Y) 18.2% 5.7% 19.5%
Gross profit CAGR (3Y) 17.8% 4.1% 21.8%
Operating income growth (1Y) 75.0% -20.0% 20.5%
Operating income CAGR (3Y) 38.4% -45.2% -68.7%
Net income growth (1Y) -98.7% -340.3% -10.2%
Net income CAGR (3Y) 26.0% -32.4% -18.0%
EPS growth (1Y) -98.7% -341.3% 29.8%
EPS CAGR (3Y) 26.0% -32.9% -1.3%
Operating cash flow growth (1Y) -44.4% 14.8% 79.6%
Operating cash flow CAGR (3Y) – -7.7% 24.3%
Free cash flow growth (1Y) 32.3% 762.7% 136.0%
Free cash flow CAGR (3Y) – -5.9% 105.6%

Profitability

14 metrics
MetricSDRLHPRIG
Gross margin 45.9% 31.8% 41.6%
EBITDA margin 25.6% 20.7% -8.6%
Operating margin 7.8% 2.3% -24.2%
Pretax margin 1.2% -1.0% -39.2%
Net margin 0.1% -3.4% -40.2%
FCF margin -8.6% 7.9% 22.0%
Operating cash flow margin -3.4% 14.5% 24.2%
Return on equity 0.0% -4.8% -20.0%
Return on assets 0.0% -2.0% -10.9%
Return on invested capital 0.2% 2.0% -7.4%
Return on capital employed 3.2% 1.6% -7.2%
Asset turnover 0.4x 0.6x 0.3x
Cash conversion (OCF / net income) -52.0x -4.5x -0.6x
Stock comp / revenue 1.1% 0.9% 0.8%

Financial Health

11 metrics
MetricSDRLHPRIG
Debt / assets 17.9% 29.6% 33.8%
Debt / equity 0.3x 0.7x 0.6x
Net debt / EBITDA 1.0x 2.0x -12.9x
Debt / FCF -5.6x 5.9x 5.7x
Liabilities / assets 30.2% 57.5% 44.8%
Equity / assets 69.8% 42.5% 55.2%
Interest coverage 1.9x 0.9x -1.7x
Current ratio 2.5x 2.0x 1.6x
Quick ratio 1.8x 1.4x 0.9x
Cash ratio 0.9x 0.3x 0.4x
Altman Z-score 2.50 2.04 0.09

Shareholder Returns

7 metrics
MetricSDRLHPRIG
Dividend yield – 2.5% –
Net buyback yield – – –
Shareholder yield – 2.5% 0.0%
Payout ratio (earnings) – -77.9% –
Payout ratio (FCF) – 32.1% –
Dividend growth (1Y) – -13.9% –
Dividend CAGR (3Y) – -17.3% –

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.

ConsensusSDRLHPRIG
Forward P/E 73.1xFY2026 – 29.7xFY2026
EPS, next fiscal year $0.71FY2026 $-0.40FY2026 $0.22FY2026
EPS growth, next FY – -142.6%FY2026 +450.0%FY2026
EPS growth, the year after +402.8% – +36.4%
Revenue, next fiscal year $1.51BFY2026 $4.22BFY2026 $4.04BFY2026
Revenue growth, next FY +4.7%FY2026 +12.6%FY2026 +2.1%FY2026
Revenue growth, the year after +20.0% +5.4% -5.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSDRLHPRIG
Held by institutions 97.4% 100.0% 89.1%
Institutions holding 239 374 535
Change in shares held, QoQ -4.0% -0.3% +10.0%
Institutions buying 140 175 273
Institutions selling 60 125 151
Buyers to sellers 2.33 1.40 1.81

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.

SDRLHPRIG
SDRL 1.00 0.58 0.70
HP 0.58 1.00 0.56
RIG 0.70 0.56 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SDRL, HP and RIG?

Transocean (RIG) is the largest by market capitalisation: Seadrill (SDRL) $3.15B, Helmerich & Payne (HP) $3.96B, Transocean (RIG) $7.23B.

Which company is growing faster?

Helmerich & Payne (HP) grew revenue fastest over the trailing twelve months: Seadrill (SDRL) +13.1%, Helmerich & Payne (HP) +16.6%, Transocean (RIG) +8.5%.

Which company is more profitable?

Seadrill (SDRL) has the highest net margin (Seadrill (SDRL) 0.1%, Helmerich & Payne (HP) -3.4%, Transocean (RIG) -40.2%). On return on invested capital, Helmerich & Payne (HP) leads (Seadrill (SDRL) 0.2%, Helmerich & Payne (HP) 2.0%, Transocean (RIG) -7.4%).

Which stock has performed better?

Over the past year Transocean (RIG) returned the most: Seadrill (SDRL) +62.9%, Helmerich & Payne (HP) +55.3%, Transocean (RIG) +67.7%. Over five years, Transocean (RIG) compounded fastest (Helmerich & Payne (HP) +4.6%/yr, Transocean (RIG) +12.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Seadrill (SDRL) 0.00%, Helmerich & Payne (HP) 0.03%, Transocean (RIG) 0.00%. Seadrill (SDRL) and Transocean (RIG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Seadrill (SDRL) has been the steadiest (Seadrill (SDRL) 40.9%, Helmerich & Payne (HP) 42.9%, Transocean (RIG) 48.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, SDRL, HP and RIG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Transocean (RIG) 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.