Transocean (RIG) Tax Rate (2009 - 2026)
Transocean (RIG) posted quarterly Tax Rate of 317.65% for Q1 2026, down 22015.0% year-over-year from N/an in Q1 2025, and down 255.04% quarter-over-quarter from 204.88% in Q4 2025.
Transocean (RIG) Tax Rate (2009 - 2026) Analysis & Trends
Transocean (RIG) has reported Tax Rate for 18 consecutive years, with 317.65% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 22015.0% year-over-year to 317.65%; the TTM figure through Mar 2026 stood at 0.52% (up 5605.0% YoY), while the FY2025 annual figure was 2.65%, up 328.0% from the prior year.
- Tax Rate eased to 317.65% in Q1 2026 per RIG's latest filing, from 204.88% in the prior quarter.
- Across five years, Tax Rate topped out at 472.73% in Q2 2024 and bottomed at 317.65% in Q1 2026.
- Historically, Tax Rate has averaged 37.31% across 5 years, with a median of 5.9% in 2024.
- Annual changes were most pronounced in 2024 — Tax Rate surged 46389 bps — and 2025, when it plunged 45855 bps.
- Transocean's Tax Rate stood at 11.11% in 2022, then soared by 67 bps to 3.61% in 2023, then surged by 4428 bps to 156.45% in 2024, then jumped by 31 bps to 204.88% in 2025, then tumbled by 255 bps to 317.65% in 2026.
- Business Quant data shows RIG's Tax Rate at 317.65% in Q1 2026, 204.88% in Q4 2025, and 1.37% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | -79.89% |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 7.61% |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 30.97% |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 48.10% |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 29.27% |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | -4.73% |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 110.23% |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 22.14% |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 41.69% |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | -72.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.61% |
| Jun 30, 2026 | 7.61% |
| Jun 30, 2026 | 7.61% |
| Mar 31, 2026 | -317.65% |
| Mar 31, 2026 | -317.65% |
| Mar 31, 2026 | -317.65% |
| Dec 31, 2025 | 204.88% |
| Dec 31, 2025 | 204.88% |
| Dec 31, 2025 | 204.88% |
| Sep 30, 2025 | -1.37% |
| Sep 30, 2025 | -1.37% |
| Sep 30, 2025 | -1.37% |
| Jun 30, 2025 | 14.18% |
| Jun 30, 2025 | 14.18% |
| Jun 30, 2025 | 14.18% |
| Mar 31, 2025 | -97.50% |
| Mar 31, 2025 | -97.50% |
| Mar 31, 2025 | -97.50% |
| Dec 31, 2024 | 156.45% |
| Dec 31, 2024 | 156.45% |