Stocks · Energy · Drilling Oil & Gas Wells

SEADRILL Ltd

SDRL Clue Score46
Fiscal year ends December CIK 0001737706
$46.15 +1.16% Close, 9 Oct 2026
Price $46.15 +8.23% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 14 Oct 2022. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue1.89Operating income−0.73Net income−2.97EPS, diluted−5.89Fiscal year 2019Revenue1.00 −47.2%Operating income−0.30Net income−1.22EPS, diluted−12.18Fiscal year 2020Revenue0.61 −39.3%Operating income−4.48Net income−4.66EPS, diluted−46.43Fiscal year 2021Revenue0.66 +9.6%Operating income−0.16Net income−0.59EPS, diluted−5.85Fiscal year 2023Revenue1.15 +74.1%Operating income0.33Net income0.30EPS, diluted4.12Fiscal year 2024Revenue1.01 −12.6%Operating income0.41Net income0.45 +48.7%EPS, diluted6.37Fiscal year 2025Revenue1.09 +7.9%Operating income0.05Net income−0.08 −117.3%EPS, diluted−1.24
FY2017FY2019FY2020FY2021FY2023FY2024FY2025
Revenue 1.89 1.00 0.61 0.66 1.15 1.01 1.09
Growth −47.2% −39.3% +9.6% +74.1% −12.6% +7.9%
Operating income −0.73 −0.30 −4.48 −0.16 0.33 0.41 0.05
Net income −2.97 −1.22 −4.66 −0.59 0.30 0.45 −0.08
Growth +48.7% −117.3%
EPS, diluted −5.89 −12.18 −46.43 −5.85 4.12 6.37 −1.24

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2017Operating margin−38.6%Net margin−157.5%Free cash flow margin13.2%Fiscal year 2019Operating margin−29.6%Net margin−122.3%Free cash flow margin−41.9%Fiscal year 2020Operating margin−740.7%Net margin−770.1%Free cash flow margin−92.1%Fiscal year 2021Operating margin−23.5%Net margin−88.5%Free cash flow margin−35.9%Fiscal year 2023Operating margin28.5%Net margin26.0%Fiscal year 2024Operating margin40.8%Net margin44.2%Fiscal year 2025Operating margin4.3%Net margin−7.1%
FY2017FY2019FY2020FY2021FY2023FY2024FY2025
Operating margin −38.6% −29.6% −740.7% −23.5% 28.5% 40.8% 4.3%
Net margin −157.5% −122.3% −770.1% −88.5% 26.0% 44.2% −7.1%
Free cash flow margin 13.2% −41.9% −92.1% −35.9% n/a n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow0.40Capital expenditure−0.15Free cash flow0.25Fiscal year 2019Operating cash flow−0.26Capital expenditure−0.16Free cash flow−0.42 −267.9%Fiscal year 2020Operating cash flow−0.42Capital expenditure−0.14Free cash flow−0.56Fiscal year 2021Operating cash flow−0.15Capital expenditure−0.08Free cash flow−0.24Buybacks0.00Fiscal year 2023Operating cash flow0.29Buybacks−0.26Fiscal year 2024Operating cash flow0.09Buybacks−0.53Fiscal year 2025Operating cash flow−0.03Buybacks0.00
FY2017FY2019FY2020FY2021FY2023FY2024FY2025
Operating cash flow 0.40 −0.26 −0.42 −0.15 0.29 0.09 −0.03
Capital expenditure −0.15 −0.16 −0.14 −0.08 n/a n/a n/a
Free cash flow 0.25 −0.42 −0.56 −0.24 n/a n/a n/a
Growth −267.9%
Buybacks n/a n/a n/a 0.00 −0.26 −0.53 0.00

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash1.26Total debt1.00Net cash (debt)0.26Shareholders’ equity6.56Debt to equity0.15Fiscal year 2019Cash0.49Total debt6.62Net cash (debt)−6.14Shareholders’ equity1.64Debt to equity4.03Fiscal year 2020Cash0.49Total debt5.66Net cash (debt)−5.17Shareholders’ equity−3.14Fiscal year 2021Cash0.29Total debt0.00Net cash (debt)0.29Shareholders’ equity−3.72Fiscal year 2023Cash0.70Total debt0.61Net cash (debt)0.09Shareholders’ equity2.98Debt to equity0.20Fiscal year 2024Cash0.48Total debt0.61Net cash (debt)−0.13Shareholders’ equity2.92Debt to equity0.21Fiscal year 2025Cash0.34Total debt0.61Net cash (debt)−0.27Shareholders’ equity2.86Debt to equity0.21
FY2017FY2019FY2020FY2021FY2023FY2024FY2025
Cash 1.26 0.49 0.49 0.29 0.70 0.48 0.34
Total debt 1.00 6.62 5.66 0.00 0.61 0.61 0.61
Net cash (debt) 0.26 −6.14 −5.17 0.29 0.09 −0.13 −0.27
Shareholders’ equity 6.56 1.64 −3.14 −3.72 2.98 2.92 2.86
Debt to equity 0.15 4.03 n/a n/a 0.20 0.21 0.21

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Dec 2017 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
−38.6% −29.6% −740.7% −23.5% 28.5% 40.8% 4.3%
−160.8% −76.2% −732.4% −86.3% 27.5% 33.0% −4.7%
−157.5% −122.3% −770.1% −88.5% 26.0% 44.2% −7.1%
13.2% −41.9% −92.1% −35.9% n/a n/a n/a
Spending
14.7% 9.5% 12.2% 10.1% 6.4% 10.6% 9.5%
7.9% 16.2% 22.6% 12.7% n/a n/a n/a
n/a n/a n/a n/a 5.4% −33.9% n/a
Returns
−45.3% −74.2% n/a n/a 10.1% 15.3% −2.7%
−16.5% −13.1% −117.6% −15.1% 7.1% 10.7% −2.0%
Balance and payout
0.15 4.03 n/a n/a 0.20 0.21 0.21