Transocean Ltd (Switzerland)
RIG
Positions held
Your positionsRIG isn't in your positions.
Add it to see shares, cost, and P&L here.
Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Transocean is positioned to benefit from the recovering oil and gas industry cycle as demand for offshore drilling increases.
- In Q2 2026, Transocean reported a revenue of $966 million, showing a strong operating margin of 15.94%.
- The company's gross margin stood at 84.7% in Q2 2026, indicating robust profitability despite recent challenges.
- The company faces significant competition in the oil and gas drilling sector, impacting its market share and pricing power.
- Transocean's revenue decreased by 11% compared to the prior quarter, dropping from $1.1 billion to $966 million.
- The company has a negative net income of $2915 million for the year 2025, highlighting ongoing financial struggles.
Fundamentals
| Market cap | $6.19B | Enterprise value | $10.80B | Trailing P/E | — | Forward P/E | 19.36 |
| PEG | 1.17 | Price / book | 0.74 | Beta | 1.41 | Dividend yield | 0.00% |
| Revenue growth | -2.2% | Earnings growth | — | Gross margin | 42.5% | Operating margin | 17.4% |
| Profit margin | -40.2% | ROE | -18.7% | ROA | 3.7% | Debt / equity | 0.61 |
| Current ratio | 1.59 | Free cash flow | $893.88M | Analyst recommendation | buy | Mean target | $6.55 |
| 52w high | $7.66 | 52w low | $3.07 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $966M | $1.1B | $1.0B | $1.0B | $988M | — |
| Op margin | 15.9% | 26.2% | 23.1% | 23.1% | 16.7% | — |
| Net income | $170M | $71.0M | $25.0M | -$1.9B | -$938M | — |
| Gross margin | 84.7% | 86.8% | 85.9% | 84.3% | 82.3% | — |
| Gross profit | $818M | $938M | $896M | $867M | $813M | — |
| Operating income | $154M | $283M | $241M | $237M | $165M | — |
- Revenue -11% vs prior quarter ($966M vs $1.1B).
- Gross margin 84.7% (was 86.8% prior quarter).
- Operating margin compressed to 16%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $4.0B | $3.5B | $2.8B | $2.6B | — |
| Op margin | 17.8% | 10.6% | -3.0% | -0.8% | — |
| Net income | -$2.9B | -$512M | -$954M | -$621M | — |
| Gross margin | 83.4% | 79.0% | 73.7% | 71.5% | — |
| Gross profit | $3.3B | $2.8B | $2.1B | $1.8B | — |
| Operating income | $705M | $372M | -$85.0M | -$21.0M | — |
Headlines — watch
• [WARN · legal] Valaris Says Merger Deal With Transocean Clears US Antitrust Hurdle
News
2026-10-09 · Transocean Ltd. Announces Contract Backlog of Approximately $1.1 Billion, Including Fully Approved Equinor Agreement
2026-10-08 · 1 Safe-and-Steady Stock to Research Further and 2 Facing Challenges
2026-10-02 · Transocean Moves Ahead With $5.8B Valaris Deal After DOJ Nod
2026-10-01 · Valaris Says Merger Deal With Transocean Clears US Antitrust Hurdle
2026-09-25 · 1 Cash-Producing Stock Worth Your Attention and 2 Facing Challenges
2026-09-20 · Transocean (RIG) Scores an $80 Million Deepwater Contract in Africa
2026-09-17 · Transocean Boosts Backlog With New Deepwater Conqueror Deal
2026-09-16 · Is Transocean (RIG) Stock Outpacing Its Oils-Energy Peers This Year?
2026-09-16 · Transocean (RIG) Stock Stays Near Fair Value With Cash Flow In Focus
2026-09-15 · Transocean (RIG) Stock Trades Up, Here Is Why
2026-09-15 · Update: Transocean Shares Rise After $80 Million Drillship Contract for Work in Equatorial Guinea
2026-09-15 · Offshore Oil Stocks Rally While the Broad Market Slips: Transocean Climbs 6%, Valaris Rises 6%, W&T Offshore Gains 6%
Price (daily)
Full chart · RSI · MACD · patterns