Seadrill (SDRL) FCF Margin (2022 - 2026)
Seadrill's FCF Margin came in at -9.58% for Q2 2026, down 6.39 percentage points from -3.18% a year earlier but up 0.20 percentage points from the prior quarter.
Seadrill (SDRL) FCF Margin (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Seadrill reported FCF Margin of -8.62%, up 5.77 percentage points year-over-year; for FY2025, it was -9.60%, down 4.62 percentage points from FY2024.
- FCF Margin carries a five-year change of +36.91 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was -4.98% in FY2024 (-17.37 pp), 12.38% in FY2023 (+20.21 pp), -7.83% in FY2022 (+12.35 pp) and -20.18% in FY2021 (+26.34 pp).
- The five-year range for quarterly FCF Margin is -22.60% (Q3 2024) to 9.66% (Q2 2023).
- Year-over-year, FCF Margin increased in two of the last six quarters, with an average year-over-year change of -2.03 percentage points.
- Business Quant data shows SDRL's FCF Margin at -9.78% (Q1 2026), -17.40% (Q4 2025) and 2.48% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn | 10.03% |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn | 15.50% |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn | 17.66% |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn | 10.31% |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn | -3.00% |
| 6 | Noble | 6.50 Bn | 4.43 Bn | 239.27 Mn | -8.39% |
| 7 | Transocean | 5.76 Bn | 3.47 Bn | 358.00 Mn | 21.95% |
| 8 | Weatherford International | 5.72 Bn | 1.66 Bn | 333.00 Mn | 12.04% |
| 9 | Kodiak Gas Services | 5.48 Bn | 5.25 Bn | 246.76 Mn | -25.76% |
| 10 | Seadrill | 2.74 Bn | 1.36 Bn | 215.00 Mn | -9.58% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.58% |
| Mar 31, 2026 | -9.78% |
| Dec 31, 2025 | -17.40% |
| Sep 30, 2025 | 2.48% |
| Jun 30, 2025 | -3.18% |
| Mar 31, 2025 | -21.49% |
| Dec 31, 2024 | -10.73% |
| Sep 30, 2024 | -22.60% |
| Jun 30, 2024 | 9.60% |
| Mar 31, 2024 | 1.63% |
| Jun 30, 2023 | 9.66% |
| Jun 30, 2022 | -8.67% |
Seadrill FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=SDRL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "SDRL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=SDRL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();