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MARKETS / NYSE / SDRL
NYSE · DRILLING OIL & GAS WELLS · LARGE CAP

Seadrill Ltd. SDRL

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$1.1B
▲ 7.9% YoY
$-77.0M
▼ 117.3% YoY
In brief

What this company does

Seadrill Limited is an offshore drilling contractor that provides worldwide offshore drilling services to the oil and gas industry. Its primary business is the ownership and operation of drillships and semi-submersible rigs for operations in shallow to ultra-deepwater in both benign and harsh environments. It contracts its drilling units to drill wells for customers on a dayrate basis. Its customers include oil super-majors, state-owned national oil companies, and independent oil and gas companies. As of December 31, 2025, it owned a total of 15 drilling units, of which 10 were operating, one was undergoing capital upgrade projects for a contract commencing in the second quarter of 2026, one was undergoing repairs and maintenance projects and three were cold stacked. As of December 31, 2025, it employed approximately 3,000 employees across the globe. Seadrill Limited was incorporated on October 15, 2021, under the name Seadrill 2021 Limited.

Written from the business description in SEADRILL Ltd's annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth
USD 1.1B
Revenue, FY2025 · full 7-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.1 · Net income -0.1
0.8B1.6B-2.0B-4.0B2017201920202021202320242025
Compound annual growth
+12.5%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +12.5% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−7 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating 4.3% · Net -7.1%
-200%-400%-600%2017201920202021202320242025
ROE
FY2025 · ROE -2.7%
5%10%15%-20%-40%2017201920202021202320242025

Each USD of equity lost 3 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2021 · FCF -238.0
100M200M-200M-400M2017201920202021202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 0.0
200M400M2021202320242025

Total assetsUSD 3.9B
EquityUSD 2.9B
CashUSD 339.0M
Gross debtUSD 613.0M
Net debtUSD 274.0M
Current ratio2.03×

Net debt stands at 10% of equity.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232021202020192017
Revenue $B1.11.01.20.70.61.01.9
Operating income $B0.00.40.3−0.2−4.5−0.3−0.7
EBITDA $B0.30.60.5−0.0−4.20.10.1
Income tax $B0.0−0.10.00.0−0.0−0.00.1
Net income $B−0.10.40.3−0.6−4.7−1.2−3.0
Free cash flow $B···−0.2−0.6−0.40.2
EPS, diluted $·6.374.12−5.85−46.43−12.18−5.89
Dividend / sh $·······
Payout %·······
ROE %−2.715.112.8··−53.9·
Shares out B·······

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 32 reconciliationsAUDITED

Reconciled in 10 of 19 fiscal years. 44 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityDrilling Oil & Gas Wells
Listed onNYSE
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2016

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