Transocean (RIG) Gross Margin (2009 - 2026)
Transocean (RIG) reported 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 18 years of Gross Margin data on file, last reported at 43.94% in Q1 2026.
- Gross Margin for Q1 2026 came in at 43.94%, up 1215.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 42.17% (up 473.0% YoY), and the FY2025 annual result was 39.32%, up 172.0% from the prior year.
- Gross Margin grew to 43.94% in Q1 2026 per RIG's latest filing, from 41.99% in the prior quarter.
- Over five years, Gross Margin peaked at 43.94% in Q1 2026 and troughed at 23.21% in Q4 2023.
- A 5-year average of 35.74% and a median of 37.43% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2024: Gross Margin plunged 1401 bps in 2023, then jumped 1597 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 30.2% in 2022, then retreated by 23 bps to 23.21% in 2023, then surged by 69 bps to 39.18% in 2024, then climbed by 7 bps to 41.99% in 2025, then increased 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 31.50% |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 96.17% |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 43.94% |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 47.96% |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 97.34% |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 49.44% |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | -5,252.71% |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 37.02% |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | - |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 19.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 33.84% |