Transocean Ltd.
Transocean Ltd. (NYSE: RIG) provides offshore contract drilling services to oil and gas companies, using mobile rigs, related equipment and crews to drill exploration and development wells. It focuses on technically demanding ultra-deepwater and harsh-environment operations in the global offshore market. The company… From the company’s description.
In fiscal 2025, Transocean Ltd. reported revenue of $3.96B, up 12.5% from fiscal 2024, and a net loss of $2.92B. Its operating margin was −58.9%, and operations generated $749.00M in cash. Over the twelve months to Jun 30, 2026, revenue was $4.12B.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Transocean Ltd. does
In the company’s own words
Transocean Ltd. (NYSE: RIG) provides offshore contract drilling services to oil and gas companies, using mobile rigs, related equipment and crews to drill exploration and development wells. It focuses on technically demanding ultra-deepwater and harsh-environment operations in the global offshore market. The company operates as a single business segment and, as of February 17, 2026, owned or partly owned and operated 27 mobile units: 20 ultra-deepwater drillships and seven harsh-environment semisubmersibles. Its drillships include the Deepwater and Ocean Rig fleets, while its semisubmersibles operate in regions including the Norwegian North Sea and sub-Arctic waters. Revenue is generally earned under individually negotiated, predominantly dayrate drilling contracts. Transocean reported a contract backlog of $6.29 billion at December 31, 2025, and had approximately 5,600 employees and contractors at that date. In February 2026, it agreed to acquire Valaris in a share-for-share business combination. Its website is www.deepwater.com.
Company details
- Sector
- Energy
- Industry (SIC)
- Oilfield Services
- Headquarters
- STEINHAUSEN, V8
- Fiscal year end
- December
- CIK
- 1451505
- SIC
- 1381
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Transocean Ltd. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in Transocean Ltd. · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · Transocean Ltd.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Transocean Ltd.’s bonds, as funds hold them
Funds report holding 10 issues of Transocean Ltd.’s debt, $1.87B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 8.08%, maturing 2028 to 2041.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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