Seadrill (SDRL) Interest Coverage Ratio (2024 - 2026)
Seadrill's (SDRL) quarterly Interest Coverage Ratio came in at 1.6 in Q1 2026, up 33.33% year-on-year from 1.2 in Q1 2025, and up 953.33% quarter-over-quarter from 0.19 in Q4 2025.
Seadrill (SDRL) Interest Coverage Ratio (2024 - 2026) Analysis & Trends
Seadrill has disclosed Interest Coverage Ratio across 3 years of filings, most recently posting 1.6 for Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 1.6, up 33.33% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.87 (down 84.86% YoY), and the FY2025 annual result was 0.77, down 88.59% from the prior year.
- Interest Coverage Ratio came in at 1.6 for Q1 2026 at Seadrill, up from 0.19 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 18.0 in Q2 2024 to a low of 0.2 in Q4 2024.
- The 3-year median for Interest Coverage Ratio is 1.6 (2026), against an average of 3.45.
- Across the five-year window, Interest Coverage Ratio tumbled 97.78% in 2025 and jumped 33.33% in 2026, its largest moves.
- Seadrill's Interest Coverage Ratio stood at 0.2 in 2024, then increased by 6.25% to 0.19 in 2025, then surged by 953.33% to 1.6 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.6 (Q1 2026), 0.19 (Q4 2025), and 1.73 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 10.03 |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 5.56 |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 1.04 |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | -0.82 |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | -1.43 |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 1.60 |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | -3.43 |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | -10.86 |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | -0.73 |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.60 |
| Dec 31, 2025 | -0.19 |
| Sep 30, 2025 | 1.73 |
| Jun 30, 2025 | 0.40 |
| Mar 31, 2025 | 1.20 |
| Dec 31, 2024 | -0.20 |
| Sep 30, 2024 | 3.13 |
| Jun 30, 2024 | 18.00 |
| Mar 31, 2024 | 5.33 |