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
DateValue
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%