Transocean Ltd RIG Stock Analysis
- NYSE
- Stock
- Market closed · opens Monday 9:30 AM ET
$5.24 up $0.14, 2.75% at close Nov 6
Last close · Previous close $5.10
- Market cap
- At the Nov 6 close
- P/E ratio
- 16.90On last 12 months’ EPS
- Diluted EPS
- $0.31Last 12 months
- Dividend yield
- NoneLast 12 months
Price chart
$5.24up $0.14, 2.75%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$5.10Nov 5
- Volume37.01MNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume46.03MLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $3.68 to $7.66; now $5.24
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
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Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
RIG beat the S&P 500 in 4 of 7 periods.
| Period | RIG and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | RIG: down 3.0% S&P 500: down 5.6% | RIG beat the S&P 500 by 2.6 percentage points Beat |
| 3M | RIG: up 1.6% S&P 500: down 4.1% | RIG beat the S&P 500 by 5.7 percentage points Beat |
| YTD | RIG: up 26.9% S&P 500: up 8.7% | RIG beat the S&P 500 by 18.2 percentage points Beat |
| 1Y | RIG: up 34.4% S&P 500: up 10.9% | RIG beat the S&P 500 by 23.5 percentage points Beat |
| Long term | ||
| 3Y | RIG: down 21.2% S&P 500: up 75.0% −7.6% vs +20.5% a year | RIG trailed the S&P 500 by 96.2 percentage points Trailed |
| 5Y | RIG: up 46.4% S&P 500: up 67.8% +7.9% vs +10.9% a year | RIG trailed the S&P 500 by 21.4 percentage points Trailed |
| 10Y | RIG: down 45.8% S&P 500: up 313.1% −5.9% vs +15.2% a year | RIG trailed the S&P 500 by 358.9 percentage points Trailed |
$10,000 invested in RIG 10 years ago (Nov 4, 2016) would be worth about $5,419 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,313.
RIG beat the S&P 500 in 4 of 7 periods.
| Period | RIG and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | RIG: down 3.0% S&P 500: down 5.6% | RIG beat the S&P 500 by 2.6 percentage points Beat |
| 3M | RIG: up 1.6% S&P 500: down 4.3% | RIG beat the S&P 500 by 5.9 percentage points Beat |
| YTD | RIG: up 26.9% S&P 500: up 7.8% | RIG beat the S&P 500 by 19.1 percentage points Beat |
| 1Y | RIG: up 34.4% S&P 500: up 9.7% | RIG beat the S&P 500 by 24.7 percentage points Beat |
| Long term | ||
| 3Y | RIG: down 21.2% S&P 500: up 68.8% −7.6% vs +19.1% a year | RIG trailed the S&P 500 by 90.0 percentage points Trailed |
| 5Y | RIG: up 46.4% S&P 500: up 56.9% +7.9% vs +9.4% a year | RIG trailed the S&P 500 by 10.5 percentage points Trailed |
| 10Y | RIG: down 45.8% S&P 500: up 252.6% −5.9% vs +13.4% a year | RIG trailed the S&P 500 by 298.4 percentage points Trailed |
$10,000 invested in RIG 10 years ago (Nov 4, 2016) would be worth about $5,419 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,257.
All-time high
$161.40
Closing high on . Now 96.8% below that record.
Split-adjusted daily closes since May 28, 1993.
Stock splits
1
2-for-1 on . One share bought before the first split is 2 shares today.
Valuation
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q3 FY26, the quarter ended Sep 30, 2026. “Last 12 months” means the four quarters from Oct 1, 2025 to Sep 30, 2026, and balance-sheet figures are as of Sep 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $4.03Bup 3.9%
- Net income
- $292.00M
- Diluted EPS
- $0.31
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q4 FY24 (Dec 31, 2024) | $952.00M | $7.00M | −$0.11 |
| Q1 FY25 (Mar 31, 2025) | $906.00M | −$79.00M | −$0.11 |
| Q2 FY25 (Jun 30, 2025) | $988.00M | −$938.00M | −$1.06 |
| Q3 FY25 (Sep 30, 2025) | $1.03B | −$1.92B | −$2.00 |
| Q4 FY25 (Dec 31, 2025) | $1.04B | $25.00M | $0.19 |
| Q1 FY26 (Mar 31, 2026) | $1.08B | $71.00M | $0.06 |
| Q2 FY26 (Jun 30, 2026) | $966.00M | $170.00M | $0.04 |
| Q3 FY26 (Sep 30, 2026) | $937.00M | $26.00M | $0.02 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $2.56B | −$592.00M | −$0.93 |
| FY22 (Dec 31, 2022) | $2.58B | −$621.00M | −$0.89 |
| FY23 (Dec 31, 2023) | $2.83B | −$954.00M | −$1.24 |
| FY24 (Dec 31, 2024) | $3.52B | −$512.00M | −$0.76 |
| FY25 (Dec 31, 2025) | $3.97B | −$2.92B | −$3.04 |
Margins
- Gross 40.2%
- Operating 20.4%
- Net 7.3%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $800.00MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$923.00MLast 12 months
- Capital spending$123.00MLast 12 months
- 19.9%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $0.00Last 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$0.00Last 12 months
- Total returned$0.00Last 12 months
0% of free cash flow
Balance sheet
- $784.00MAs of Sep 30, 2026
Cash plus short- and long-term marketable securities on the Sep 30, 2026 balance sheet.
- Total debt$5.02BAs of Sep 30, 2026
- Net debt$4.23BAs of Sep 30, 2026
- 1.53As of Sep 30, 2026
Current assets divided by current liabilities on the Sep 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.59As of Sep 30, 2026
Total debt divided by shareholders’ equity on the Sep 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 7 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✓Operating cash flow exceeded net income: passed
- ✗Long-term debt fell relative to assets: not passed
- ✓Current ratio improved: passed
- ✗Share count didn’t rise: not passed
- ✓Gross margin improved: passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- 3.5%Last 12 months
Over the last 12 months, Transocean’s net income was 3.5% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 1.9%Last 12 months
Over the last 12 months, Transocean’s net income was 1.9% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $0.000 |
| 2017 | $0.000 |
| 2018 | $0.000 |
| 2019 | $0.000 |
| 2020 | $0.000 |
| 2021 | $0.000 |
| 2022 | $0.000 |
| 2023 | $0.000 |
| 2024 | $0.000 |
| 2025 | $0.000 |
| 2026 (to date) | $0.000 |
Dividend details
- $0.00Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- Dividend yield0.00%Last 12 months
- $0.15Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
About Transocean Ltd
Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on ultra-deepwater and harsh environment drilling services and operates the highest specification floating offshore drilling fleet in the world. Transocean owns or has partial ownership interests in and operates a fleet of 34 mobile offshore drilling units, consisting of 26 ultra-deepwater floaters and eight harsh environment floaters.
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- Headquarters
- Switzerland
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- NYSE
- Asset type
- Common stock
- Price history since
RIG news
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RIG stock FAQ
What is RIG stock’s price today?
Transocean (RIG) traded at $5.24 at the close on , up $0.14 (2.75%) from the previous close of $5.10. Over the past 52 weeks it has traded between $3.68 and $7.66.
If you invested $1,000 in RIG 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in RIG on would be worth about $542 at the close on , a total return of −45.8%. The same $1,000 would be worth $1,464 if invested five years ago, $1,344 if invested one year ago, $87 if invested 20 years ago, and $227 if invested 30 years ago. Past performance doesn’t predict future returns.
What is RIG’s P/E ratio?
RIG trades at 16.9 times its diluted earnings over the four quarters to ($0.31 per share), at the close. (How the P/E ratio works.)
How much revenue does Transocean make?
Transocean reported $4.0 billion of revenue over the four quarters to , up 3.9% from the twelve months before. In its latest quarter (Q3 FY26, ended ) revenue was $937.0 million, down 8.9% from a year earlier.
Is Transocean profitable?
Yes. Transocean earned $292.0 million of net income over the four quarters to , a net margin of 7.3%, and its operating margin was 20.4% (what margins tell you).
What are RIG’s earnings per share?
RIG’s diluted earnings per share were $0.31 over the four quarters to , compared with −$3.28 in the twelve months before. The latest quarter (Q3 FY26) brought $0.02 per share, against −$2.00 a year earlier (how EPS works).
Does RIG pay a dividend?
Transocean hasn’t paid a dividend in the last twelve months.
What is RIG’s 52-week high and low?
Over the past 52 weeks RIG has traded as low as $3.68 and as high as $7.66. At $5.24 at the close on , it is 31.6% below that high and 42.4% above the low.
What is RIG’s all-time high?
RIG’s highest closing price was $161.40 on , adjusted for stock splits. At $5.24 at the close on , it is 96.8% below that record.
Has RIG stock ever split?
Yes, once: 2-for-1 on . One share bought before the first split would be 2 shares today.
How has RIG stock performed?
Including dividends and measured to the close on , RIG has returned +26.9% so far this year and +34.4% over the past year, and +46.4% over five years (+7.9% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is Transocean in?
Transocean is in the Energy sector and the Oil & Gas Drilling industry, and is headquartered in Switzerland.
What exchange does RIG trade on?
Transocean trades on the NYSE under the ticker symbol RIG. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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