Transocean (RIG) Construction in Progress (2018 - 2024)
Transocean (RIG) posted quarterly Construction in Progress of $76.0 million for Q4 2024, down 85.44% year-over-year from $522.0 million in Q1 2024, and up 10.14% quarter-over-quarter from $69.0 million in Q3 2024.
Transocean (RIG) Construction in Progress (2018 - 2024) Analysis & Trends
Transocean (RIG) has reported Construction in Progress for 7 consecutive years, with $76.0 million the latest figure, recorded in Q4 2024.
- In Q4 2024, Construction in Progress fell 85.44% year-over-year to $76.0 million; the TTM figure through Dec 2024 stood at $76.0 million (down 85.44% YoY), while the FY2024 annual figure was $76.0 million, down 85.44% from the prior year.
- Construction in Progress climbed to $76.0 million in Q4 2024 per RIG's latest filing, from $69.0 million in the prior quarter.
- Across five years, Construction in Progress topped out at $1.6 billion in Q3 2022 and bottomed at $69.0 million in Q3 2024.
- Historically, Construction in Progress has averaged $773.1 million across 5 years, with a median of $866.0 million in 2021.
- Annual changes were most pronounced in 2022 — Construction in Progress surged 66.04% — and 2023, when it plunged 88.7%.
- Transocean's Construction in Progress stood at $828.0 million in 2020, then grew by 22.83% to $1.0 billion in 2021, then increased by 17.5% to $1.2 billion in 2022, then sank by 56.32% to $522.0 million in 2023, then slumped by 85.44% to $76.0 million in 2024.
- Business Quant data shows RIG's Construction in Progress at $76.0 million in Q4 2024, $69.0 million in Q3 2024, and $188.0 million in Q2 2024.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | - |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | - |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | - |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | - |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | - |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | - |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | - |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | - |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | - |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 76.00 Mn |
| Sep 30, 2024 | 69.00 Mn |
| Jun 30, 2024 | 188.00 Mn |
| Mar 31, 2024 | 594.00 Mn |
| Dec 31, 2023 | 522.00 Mn |
| Sep 30, 2023 | 320.00 Mn |
| Jun 30, 2023 | 169.00 Mn |
| Mar 31, 2023 | 1.26 Bn |
| Dec 31, 2022 | 1.20 Bn |
| Sep 30, 2022 | 1.59 Bn |
| Jun 30, 2022 | 1.50 Bn |
| Mar 31, 2022 | 1.10 Bn |
| Dec 31, 2021 | 1.02 Bn |
| Sep 30, 2021 | 956.00 Mn |
| Jun 30, 2021 | 901.00 Mn |
| Mar 31, 2021 | 866.00 Mn |
| Dec 31, 2020 | 828.00 Mn |
| Dec 31, 2019 | 753.00 Mn |
| Dec 31, 2018 | 632.00 Mn |