Seadrill (SDRL) Interest Coverage Ratio (2022 - 2026)
Seadrill's (SDRL) Interest Coverage Ratio came in at 2.93 for Q3 2026, up 69.2% from 1.73 a year earlier but down 34.8% from the prior quarter.
Seadrill (SDRL) Interest Coverage Ratio (2022 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Interest Coverage Ratio at Seadrill was 2.21, up 182.1% year-over-year; for FY2025, it was 0.77, down 88.6% from FY2024.
- In prior years, Seadrill's Interest Coverage Ratio was 6.75 in FY2024 (+21.1%), 5.58 in FY2023 and -1.43 in FY2021.
- Quarterly Interest Coverage Ratio has run from a low of -0.20 in Q4 2024 to a high of 18.00 in Q2 2024 over five years.
- On a year-over-year basis, Interest Coverage Ratio increased in two of the last five quarters, with an average decline of 23.5%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 4.50 (Q2 2026), 1.60 (Q1 2026) and -0.19 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 8.56 |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 8.47 |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | - |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 42.47 |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | 1.72 |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | - |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | - |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | 1.07 |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | - |
| 10 | Seadrill | 2.80 Bn | 1.33 Bn | 194.00 Mn | 2.93 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.93 |
| Jun 30, 2026 | 4.50 |
| 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 |
| Jun 30, 2023 | 8.38 |
| Feb 22, 2022 | 5.29 |
Seadrill Interest Coverage Ratio 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=interest-coverage-ratio&ticker=SDRL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=SDRL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();