Transocean (RIG) Operating Leases (2019 - 2024)
Transocean (RIG) posted quarterly 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% quarter-over-quarter from $108.0 million in Q4 2023.
Transocean (RIG) Operating Leases (2019 - 2024) Analysis & Trends
Transocean (RIG) has reported Operating Leases for 6 consecutive years, with $88.0 million the latest figure, recorded in Q4 2024.
- In Q4 2024, Operating Leases fell 18.52% year-over-year to $88.0 million; the TTM figure through Dec 2024 stood at $88.0 million (down 18.52% YoY), while the FY2024 annual figure was $88.0 million, down 18.52% from the prior year.
- Operating Leases fell 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.
- Historically, Operating Leases has averaged $103.8 million across 5 years, with a median of $108.0 million in 2023.
- Annual changes were most pronounced in 2023 — Operating Leases rose 8.0% — and 2024, when it retreated 18.52%.
- Transocean's Operating Leases stood at $114.0 million in 2020, then slipped by 4.39% to $109.0 million in 2021, then retreated by 8.26% to $100.0 million in 2022, then advanced by 8.0% to $108.0 million in 2023, then slipped by 18.52% to $88.0 million in 2024.
- Business Quant data shows RIG's Operating Leases at $88.0 million in Q4 2024, $108.0 million in Q4 2023, and $100.0 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 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 | 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 |