Transocean (RIG) Current Leases (2019 - 2024)
Transocean (RIG) posted quarterly Current Leases of $7.0 million for Q4 2024, down 83.72% year-over-year from $43.0 million in Q1 2024, and down 83.72% quarter-over-quarter from $43.0 million in Q4 2023.
Transocean (RIG) Current Leases (2019 - 2024) Analysis & Trends
Transocean (RIG) has reported Current Leases for 6 consecutive years, with $7.0 million the latest figure, recorded in Q4 2024.
- In Q4 2024, Current Leases fell 83.72% year-over-year to $7.0 million; the TTM figure through Dec 2024 stood at $7.0 million (down 83.72% YoY), while the FY2024 annual figure was $7.0 million, down 83.72% from the prior year.
- Current Leases declined to $7.0 million in Q4 2024 per RIG's latest filing, from $43.0 million in the prior quarter.
- Across five years, Current Leases topped out at $43.0 million in Q4 2023 and bottomed at $7.0 million in Q4 2022.
- Historically, Current Leases has averaged $26.8 million across 5 years, with a median of $37.0 million in 2020.
- Annual changes were most pronounced in 2023 — Current Leases soared 514.29% — and 2024, when it slumped 83.72%.
- Transocean's Current Leases stood at $37.0 million in 2020, then climbed by 8.11% to $40.0 million in 2021, then sank by 82.5% to $7.0 million in 2022, then jumped by 514.29% to $43.0 million in 2023, then plunged by 83.72% to $7.0 million in 2024.
- Business Quant data shows RIG's Current Leases at $7.0 million in Q4 2024, $43.0 million in Q4 2023, and $7.0 million in Q4 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (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 | 17.03 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 | 8.26 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 14.13 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 | 7.00 Mn |
| Dec 31, 2023 | 43.00 Mn |
| Dec 31, 2022 | 7.00 Mn |
| Dec 31, 2021 | 40.00 Mn |
| Dec 31, 2020 | 37.00 Mn |
| Dec 31, 2019 | 35.00 Mn |