Transocean (RIG) Operating Leases (2019 - 2024)
Transocean (RIG) reported Operating Leases of $88.0 million for Q4 2024, down 18.52% year-over-year from $108.0 million in Q1 2024, and down 18.52% on a QoQ basis from $108.0 million in Q4 2023.
Transocean (RIG) has 6 years of Operating Leases data on file, last reported at $88.0 million in Q4 2024.
- Quarterly Operating Leases fell 18.52% year-over-year to $88.0 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $88.0 million (down 18.52% YoY) and the FY2024 annual result came in at $88.0 million, down 18.52% from the prior year.
- Operating Leases eased to $88.0 million in Q4 2024 per RIG's latest filing, from $108.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $114.0 million in Q4 2020 and bottomed at $88.0 million in Q4 2024.
- The 5-year median for Operating Leases is $108.0 million (2023), against an average of $103.8 million.
- The widest annual swing landed in 2023, when Operating Leases grew 8.0%; it then declined 18.52% in 2024.
- Tracing RIG's Operating Leases over 5 years: stood at $114.0 million in 2020, then fell by 4.39% to $109.0 million in 2021, then dropped by 8.26% to $100.0 million in 2022, then increased by 8.0% to $108.0 million in 2023, then fell by 18.52% to $88.0 million in 2024.
- Per Business Quant, the three latest RIG Operating Leases figures stand at $88.0 million (Q4 2024), $108.0 million (Q4 2023), and $100.0 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 88.00 Mn |
| Dec 31, 2023 | 108.00 Mn |
| Dec 31, 2022 | 100.00 Mn |
| Dec 31, 2021 | 109.00 Mn |
| Dec 31, 2020 | 114.00 Mn |
| Dec 31, 2019 | 116.00 Mn |