Seadrill (SDRL) Gross Margin (2017 - 2026)
Seadrill's Gross Margin came in at 45.33% for Q3 2026, up 0.97 percentage points from 44.35% a year earlier but down 2.56 percentage points from the prior quarter.
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Analysis
Seadrill (SDRL) Gross Margin (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Seadrill reported Gross Margin of 46.09%, up 2.61 percentage points year-over-year; for FY2025, it was 44.75%, down 1.17 percentage points from FY2024.
- Gross Margin carries a five-year change of +4.58 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 45.92% in FY2024 (-3.48 pp), 49.40% in FY2023 and 29.00% in FY2021 (-11.17 pp).
- The five-year range for quarterly Gross Margin is 38.06% (Q4 2024) to 52.27% (Q2 2024).
- Year-over-year, Gross Margin increased in three of the last seven quarters, with an average year-over-year change of +0.31 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2025 (a gain of 6.14 percentage points), and the weakest in Q2 2025 (a drop of 4.26 percentage points).
- Business Quant data shows SDRL's Gross Margin at 47.88% (Q2 2026), 46.65% (Q1 2026) and 44.20% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 16.57% |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 24.39% |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 14.73% |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 25.16% |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | 31.32% |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 19.72% |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 32.72% |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | 37.14% |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | 29.70% |
| 10 | Seadrill | 2.80 Bn | 1.33 Bn | 194.00 Mn | 45.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 45.33% |
| Jun 30, 2026 | 47.88% |
| Mar 31, 2026 | 46.65% |
| Dec 31, 2025 | 44.20% |
| Sep 30, 2025 | 44.35% |
| Jun 30, 2025 | 48.01% |
| Mar 31, 2025 | 42.09% |
| Dec 31, 2024 | 38.06% |
| Sep 30, 2024 | 46.05% |
| Jun 30, 2024 | 52.27% |
| Mar 31, 2024 | 45.50% |
| Dec 31, 2023 | 46.08% |
| Sep 30, 2023 | 55.56% |
| Jun 30, 2023 | 51.93% |
| Mar 31, 2023 | 56.77% |
| Sep 30, 2022 | 47.48% |
| Jun 30, 2022 | 55.78% |
| Dec 31, 2021 | 37.32% |
| Sep 30, 2021 | 31.08% |
| Jun 30, 2021 | 24.66% |
API Access
Seadrill Gross 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=gross-margin&ticker=SDRL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=SDRL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();