Seadrill (SDRL) Tax Rate (2018 - 2026)

Seadrill (SDRL) posted Tax Rate of 143.75% for Q1 2026, up 93.32% sequentially from 74.36% in Q4 2025, and down 135625.0% YoY from N/an in Q1 2025.

Seadrill (SDRL) Tax Rate (2018 - 2026) Analysis & Trends

Seadrill has reported Tax Rate for 9 years, with the latest figure at 143.75% in Q1 2026.

Quarterly Tax Rate fell 135625.0% year-over-year to 143.75% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 94.44% (down 5354.0% YoY) and the FY2025 annual result came in at 50.98%, down 1705.0% from the prior year.
Tax Rate climbed to 143.75% in Q1 2026 per SDRL's latest filing, from 74.36% in the prior quarter.
Over five years, Tax Rate peaked at 1500.0% in Q1 2025 and troughed at 223.08% in Q2 2025.
A 5-year average of 192.76% and a median of 16.12% in 2024 frame the typical range for Tax Rate.
The sharpest annual moves came in 2025 and 2026: Tax Rate soared 148571 bps in 2025, then plunged 135625 bps in 2026.
Over 5 years, Tax Rate stood at 28.57% in 2022, then surged by 143 bps to 12.15% in 2023, then soared by 3321 bps to 415.62% in 2024, then sank by 82 bps to 74.36% in 2025, then jumped by 93 bps to 143.75% in 2026.
According to Business Quant data, Tax Rate over the past three periods registered 143.75%, 74.36%, and 223.08% for Q1 2026, Q4 2025, and Q2 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Noble	7.46 Bn	7.01 Bn	273.38 Mn	-79.89%
2	Transocean	6.71 Bn	5.91 Bn	358.00 Mn	7.61%
3	Patterson Uti Energy	4.63 Bn	4.43 Bn	597.25 Mn	30.97%
4	Helmerich & Payne	4.39 Bn	4.16 Bn	349.94 Mn	48.10%
5	Seadrill	2.96 Bn	2.60 Bn	234.00 Mn	29.27%
6	Borr Drilling	1.36 Bn	1.14 Bn	-	-4.73%
7	Nabors Industries	1.30 Bn	792.72 Mn	309.38 Mn	110.23%
8	Precision Drilling	1.15 Bn	1.10 Bn	89.29 Mn	22.14%
9	Valaris	886.35 Mn	345.15 Mn	123.70 Mn	41.69%
10	Sable Offshore	777.33 Mn	755.73 Mn	-	-72.44%

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