Seadrill (SDRL) Tax Rate (2023 - 2026)
Seadrill's Tax Rate was 29.27% in Q2 2026, up 252.35 percentage points from -223.08% a year earlier but down 114.48 percentage points from the prior quarter.
Seadrill (SDRL) Tax Rate (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Seadrill's Tax Rate was 94.44% through Jun 30, 2026, down 1545.56 percentage points year-over-year; for FY2025, it came in at -50.98%, down 17.05 percentage points from FY2024.
- Tax Rate shows a five-year change of -51.00 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was -33.93% in FY2024 (-39.30 pp), 5.36% in FY2023 (+21.24 pp) and -15.87% in FY2022.
- Quarterly Tax Rate has moved between -223.08% (Q2 2025) and 1500.00% (Q1 2025) over five years.
- Compared with a year earlier, Tax Rate was higher in two of the last five quarters, with an average year-over-year change of -36.74 percentage points.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn | 20.02% |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn | 23.54% |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn | 23.96% |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn | 18.98% |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn | 26.11% |
| 6 | Noble | 6.50 Bn | 4.43 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.76 Bn | 3.47 Bn | 358.00 Mn | 7.61% |
| 8 | Weatherford International | 5.72 Bn | 1.66 Bn | 333.00 Mn | 44.00% |
| 9 | Kodiak Gas Services | 5.48 Bn | 5.25 Bn | 246.76 Mn | 28.81% |
| 10 | Seadrill | 2.74 Bn | 1.36 Bn | 215.00 Mn | 29.27% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.27% |
| Mar 31, 2026 | 143.75% |
| Mar 31, 2025 | 1,500.00% |
| Sep 30, 2024 | 17.95% |
| Jun 30, 2024 | 1.17% |
| Mar 31, 2024 | 14.29% |
| Jun 30, 2023 | 12.15% |
Seadrill Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=SDRL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SDRL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=SDRL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();