Transocean (RIG) Interest Coverage Ratio (2009 - 2026)
Transocean's (RIG) quarterly Interest Coverage Ratio came in at 7.6 in Q2 2026, up 11.7% year-over-year from 6.8 in Q2 2025, and down 830.87% quarter-over-quarter from 1.04 in Q1 2026.
Analysis
Transocean (RIG) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Transocean (RIG) has reported Interest Coverage Ratio for 18 consecutive years, with 7.6 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio rose 11.7% year-over-year to 7.6 in Q2 2026; TTM through Jun 2026 was 1.71, a 45.58% increase from a year earlier, with the FY2025 full-year figure at 4.21, down 265.54% from the prior year.
- Interest Coverage Ratio was 7.6 for Q2 2026 at Transocean, down from 1.04 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 23.67 in Q4 2023 and troughed at 10.89 in Q3 2025.
- A 5-year average of 0.38 and a median of 0.24 in 2022 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio soared 10139.25% in 2023 and plunged 2457.27% in 2024, its largest moves.
- Over 5 years, Interest Coverage Ratio stood at 0.24 in 2022, then soared by 10139.25% to 23.67 in 2023, then plunged by 93.96% to 1.43 in 2024, then decreased by 2.89% to 1.39 in 2025, then sank by 647.83% to 7.6 in 2026.
- The last three Interest Coverage Ratio figures came in at 7.6 (Q2 2026), 1.04 (Q1 2026), and 1.39 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.28 Bn | 6.83 Bn | 273.38 Mn | 0.84 |
| 2 | Transocean | 6.52 Bn | 5.73 Bn | 358.00 Mn | 7.60 |
| 3 | Seadrill | 3.07 Bn | 2.71 Bn | 234.00 Mn | 4.50 |
| 4 | Borr Drilling | 1.40 Bn | 1.17 Bn | - | 0.00 |
| 5 | Valaris | 808.73 Mn | 264.63 Mn | 123.70 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -7.60 |
| Mar 31, 2026 | 1.04 |
| Dec 31, 2025 | 1.39 |
| Sep 30, 2025 | -10.89 |
| Jun 30, 2025 | -8.61 |
| Mar 31, 2025 | 0.55 |
| Dec 31, 2024 | 1.43 |
| Sep 30, 2024 | -6.06 |
| Jun 30, 2024 | -0.80 |
| Mar 31, 2024 | -0.03 |
| Dec 31, 2023 | 23.67 |
| Sep 30, 2023 | -0.24 |
| Jun 30, 2023 | -0.25 |
| Mar 31, 2023 | -0.63 |
| Dec 31, 2022 | -0.24 |
| Sep 30, 2022 | 0.55 |
| Jun 30, 2022 | 0.28 |
| Mar 31, 2022 | -0.49 |
| Dec 31, 2021 | -0.40 |
| Jun 30, 2021 | -0.02 |