Transocean (RIG) Gross Margin (2009 - 2026)
Transocean (RIG) posted quarterly Gross Margin of 43.94% for Q1 2026, up 1215.0% year-over-year from 3.34% in Q1 2025, and up 4.64% quarter-over-quarter from 41.99% in Q4 2025.
Transocean (RIG) Gross Margin (2009 - 2026) Analysis & Trends
Transocean (RIG) has reported Gross Margin for 18 consecutive years, with 43.94% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 1215.0% year-over-year to 43.94%; the TTM figure through Mar 2026 stood at 42.17% (up 473.0% YoY), while the FY2025 annual figure was 39.32%, up 172.0% from the prior year.
- Gross Margin improved to 43.94% in Q1 2026 per RIG's latest filing, from 41.99% in the prior quarter.
- Across five years, Gross Margin topped out at 43.94% in Q1 2026 and bottomed at 23.21% in Q4 2023.
- Historically, Gross Margin has averaged 35.74% across 5 years, with a median of 37.43% in 2022.
- Annual changes were most pronounced in 2023 — Gross Margin plunged 1401 bps — and 2024, when it jumped 1597 bps.
- Transocean's Gross Margin stood at 30.2% in 2022, then decreased by 23 bps to 23.21% in 2023, then soared by 69 bps to 39.18% in 2024, then grew by 7 bps to 41.99% in 2025, then rose by 5 bps to 43.94% in 2026.
- Business Quant data shows RIG's Gross Margin at 43.94% in Q1 2026, 41.99% in Q4 2025, and 43.19% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 37.99% |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 37.06% |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 48.64% |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 33.82% |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 52.12% |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | - |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 37.87% |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 27.28% |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 22.94% |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 37.06% |
| Mar 31, 2026 | 43.94% |
| Dec 31, 2025 | 41.99% |
| Sep 30, 2025 | 43.19% |
| Jun 30, 2025 | 39.37% |
| Mar 31, 2025 | 31.79% |
| Dec 31, 2024 | 39.18% |
| Sep 30, 2024 | 40.61% |
| Jun 30, 2024 | 37.98% |
| Mar 31, 2024 | 31.45% |
| Dec 31, 2023 | 23.21% |
| Sep 30, 2023 | 26.51% |
| Jun 30, 2023 | 33.61% |
| Mar 31, 2023 | 36.98% |
| Dec 31, 2022 | 30.20% |
| Sep 30, 2022 | 40.52% |
| Jun 30, 2022 | 37.43% |
| Mar 31, 2022 | 29.69% |
| Dec 31, 2021 | 30.76% |
| Sep 30, 2021 | 36.42% |