Seadrill (SDRL) Net Margin (2017 - 2026)
Seadrill's Net Margin came in at -7.01% for Q3 2026, down 3.98 percentage points from -3.03% a year earlier and down 13.47 percentage points from the prior quarter.
Seadrill (SDRL) Net Margin (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Seadrill reported Net Margin of -1.13%, down 3.62 percentage points year-over-year; for FY2025, it was -5.36%, down 37.56 percentage points from FY2024.
- Net Margin carries a five-year change of +479.45 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 32.20% in FY2024 (+12.23 pp), 19.97% in FY2023 and -64.72% in FY2021 (+420.09 pp).
- The Q3 2026 figure represents the lowest quarterly Net Margin since Q2 2025.
- Year-over-year, Net Margin increased in two of the last seven quarters, with an average year-over-year change of -19.01 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q2 2024 (a gain of 44.76 percentage points), and the weakest in Q2 2025 (a drop of 78.61 percentage points).
- Business Quant data shows SDRL's Net Margin at 6.46% (Q2 2026), -1.96% (Q1 2026) and -2.76% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 7.78% |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 5.12% |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 7.31% |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 14.45% |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | -16.06% |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 4.04% |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 10.50% |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | 2.77% |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | 7.77% |
| 10 | Seadrill | 2.80 Bn | 1.33 Bn | 194.00 Mn | -7.01% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -7.01% |
| Jun 30, 2026 | 6.46% |
| Mar 31, 2026 | -1.96% |
| Dec 31, 2025 | -2.76% |
| Sep 30, 2025 | -3.03% |
| Jun 30, 2025 | -11.14% |
| Mar 31, 2025 | -4.18% |
| Dec 31, 2024 | 34.95% |
| Sep 30, 2024 | 9.04% |
| Jun 30, 2024 | 67.47% |
| Mar 31, 2024 | 16.35% |
| Dec 31, 2023 | 17.89% |
| Sep 30, 2023 | 21.74% |
| Jun 30, 2023 | 22.71% |
| Mar 31, 2023 | 16.17% |
| Sep 30, 2022 | -7.80% |
| Jun 30, 2022 | -9.25% |
| Feb 22, 2022 | 2,192.90% |
| Dec 31, 2021 | 37.68% |
| Sep 30, 2021 | -38.74% |
Seadrill Net 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=net-margin&ticker=SDRL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=SDRL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();