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
DateValue
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%