Transocean Ltd (RIG) FinancialsRIGTransocean Ltd

Transocean Ltd. (RIG) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Ultra-deepwater floaters, accounting for 64.5% of total sales, equivalent to $623.00M. Another important revenue stream is Harsh environment floaters. Understanding this composition is critical for investors evaluating how RIG navigates market cycles within the Oil & Gas Drilling industry.

Evaluating the bottom line, Transocean Ltd. maintains a gross margin of 21.74%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 17.08%, while the net margin is 17.60%. These profitability ratios, combined with a Return on Equity (ROE) of -18.70%, provide a clear picture of how effectively RIG converts its operational activities into shareholder value.

In the context of the broader market, RIG competes directly with industry leaders such as VAL and NE. With a market capitalization of $6.15B, it holds a significant position in the sector. When comparing efficiency, RIG's gross margin of 21.74% stands against VAL's 100.00% and NE's 17.49%. Such benchmarking helps identify whether Transocean Ltd. is trading at a premium or discount relative to its financial performance.

Transocean's recent financial performance shows a rebound, with Q2 2026 net income at $170 million and a gross margin of 21.74%, indicating improved profitability. The company has also shown a year-to-date change of +32.55% and a one-year change of +70.82%.