Seadrill (SDRL) Tax Rate (2024 - 2026)
Seadrill's (SDRL) quarterly Tax Rate came in at 143.75% in Q1 2026, down 135625.0% year-on-year from N/an in Q1 2025, and up 93.32% quarter-over-quarter from 74.36% in Q4 2025.
Seadrill (SDRL) Tax Rate (2024 - 2026) Analysis & Trends
Seadrill has disclosed Tax Rate across 3 years of filings, most recently posting 143.75% for Q1 2026.
- Tax Rate for Q1 2026 came in at 143.75%, down 135625.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 94.44% (down 5354.0% YoY), and the FY2025 annual result was 50.98%, down 1705.0% from the prior year.
- Tax Rate came in at 143.75% for Q1 2026 at Seadrill, up from 74.36% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 1500.0% in Q1 2025 to a low of 223.08% in Q2 2025.
- The 3-year median for Tax Rate is 46.15% (2025), against an average of 243.01%.
- Across the five-year window, Tax Rate jumped 148571 bps in 2025 and plunged 135625 bps in 2026, its largest moves.
- Seadrill's Tax Rate stood at 415.62% in 2024, then sank by 82 bps to 74.36% in 2025, then surged by 93 bps to 143.75% in 2026.
- The last three Tax Rate figures came in at 143.75% (Q1 2026), 74.36% (Q4 2025), and 223.08% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 34.05% |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 37.67% |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | -317.65% |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 12.81% |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | -19.97% |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 143.75% |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 55.93% |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 62.01% |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 181.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 143.75% |
| Mar 31, 2026 | 143.75% |
| Dec 31, 2025 | 74.36% |
| Dec 31, 2025 | 74.36% |
| Jun 30, 2025 | -223.08% |
| Jun 30, 2025 | -223.08% |
| Mar 31, 2025 | 1,500.00% |
| Mar 31, 2025 | 1,500.00% |
| Dec 31, 2024 | 415.63% |
| Dec 31, 2024 | 415.63% |
| Sep 30, 2024 | 17.95% |
| Sep 30, 2024 | 17.95% |
| Jun 30, 2024 | 1.17% |
| Jun 30, 2024 | 1.17% |
| Mar 31, 2024 | 14.29% |
| Mar 31, 2024 | 14.29% |