Seadrill (SDRL) Operating Margin (2024 - 2026)
Seadrill's (SDRL) quarterly Operating Margin came in at 6.7% in Q1 2026, down 55.0% year-on-year from 14.9% in Q1 2025, and up 1487.71% quarter-over-quarter from 0.48% in Q4 2025.
Seadrill (SDRL) Operating Margin (2024 - 2026) Analysis & Trends
Seadrill has disclosed Operating Margin across 3 years of filings, most recently posting 6.7% for Q1 2026.
- Operating Margin for Q1 2026 came in at 6.7%, down 55.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 3.25% (down 2252.0% YoY), and the FY2025 annual result was 3.27%, down 2648.0% from the prior year.
- Operating Margin came in at 6.7% for Q1 2026 at Seadrill, up from 0.48% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 107.87% in Q2 2024 to a low of 0.52% in Q4 2024.
- The 3-year median for Operating Margin is 7.16% (2025), against an average of 19.67%.
- Peak annual rise in Operating Margin reached 3 bps in 2025, while the deepest fall reached 10578 bps in 2025.
- Seadrill's Operating Margin stood at 0.52% in 2024, then gained by 7 bps to 0.48% in 2025, then soared by 1488 bps to 6.7% in 2026.
- The last three Operating Margin figures came in at 6.7% (Q1 2026), 0.48% (Q4 2025), and 7.16% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 23.56% |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 28.68% |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 26.55% |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | -1.28% |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | -3.96% |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 6.70% |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | -9,343.35% |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | -60.65% |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 18.62% |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 4.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.70% |
| Dec 31, 2025 | -0.48% |
| Sep 30, 2025 | 7.16% |
| Jun 30, 2025 | 2.08% |
| Mar 31, 2025 | 7.26% |
| Dec 31, 2024 | -0.52% |
| Sep 30, 2024 | 17.87% |
| Jun 30, 2024 | 107.87% |
| Mar 31, 2024 | 29.09% |