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Transocean Ltd. (RIG) stock

RIGNYSEDrilling Oil & Gas WellsFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 3, 2026Score 4/3046% above fair value
$5.31+0.13 (+2.51%)

Close on Nov 11, 2026Market cap $5.93BP/E –Yield –

Transocean Ltd. reported revenue of $4.12B for the twelve months to Jun 30, 2026. Free cash flow was $904.00M. At the latest close the market valued the company at $5.93B.

Revenue
$4.12B
TTM Q2 2026
Operating income
-$998.00M
TTM Q2 2026
Free cash flow
$904.00M
TTM Q2 2026
EPS, diluted
-$1.88
TTM Q2 2026

Key statistics

Valuation at the latest close; fundamentals over the trailing twelve months, balances at Jun 30, 2026

Valuation

Market cap
$5.93B
P/E ratio
–
Price to sales
1.44
Price to book
0.71
Dividend yield
–
Free cash flow yield
15.24%

Fundamentals

Revenue
$4.12B
Net income
-$1.66B
EPS, diluted
-$1.88
Free cash flow
$904.00M
Book value per share
$6.96
Diluted shares
1.20B

Trading

Next earnings
Feb 19, 2027 (estimated, after the close)
Previous close
$5.18
Open
$5.40
Day's range
$5.27 – $5.41
Volume
28,066,240
Average volume (20 days)
45,789,011
Beta (5 years)
1.25
52-week range
$3.68 – $7.66
RSI (14 days)
41.1
Volatility (1 year)
51.6%
Relative volume
0.66×
WACC
10.1%

On 1 of our idea list: Most shorted (a warning list)

Market cap history

Month-end market cap since 2009, using shares outstanding reported at the time

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 11, 2026. The S&P 500 is measured by the SPY fund.

PeriodRIGS&P 500DifferenceRIG per yearS&P 500 per year
1 month-3.6%-2.4%−1.2 pts
3 months-8.6%-1.2%−7.5 pts
Year to date+28.6%+12.3%+16.3 pts
1 year+25.5%+12.4%+13.1 pts
3 years-20.2%+78.8%−99.0 pts-7.2%+21.4%
5 years+53.9%+75.2%−21.3 pts+9.0%+11.9%
10 years-48.8%+311.1%−359.9 pts-6.5%+15.2%

Fifteen years at a glance

Fiscal years 2011 to 2025 and trailing twelve months, USD

Revenue

$4.12B

Gross profit

$1.72B

Operating income

-$998.00M

Net income

-$1.66B

EPS, diluted

-$1.88

Free cash flow

$904.00M
Reported periodTrailing twelve months

Press releases

Releases Transocean filed with the SEC as exhibits to Form 8-K or 6-K

All press releases and earnings

About Transocean

Drilling Oil & Gas Wells

Transocean Ltd. provides offshore contract drilling services for oil and gas wells, specializing in technically demanding ultra-deepwater and harsh environment environments. Operating across a single segment, the company contracts its mobile offshore drilling rigs, specialized equipment, and personnel to energy customers involved in both exploration and field development activities. Its operations focus on deploying high-specification floating rigs equipped with advanced dynamic positioning thrusters and dual-activity technology to support global offshore drilling initiatives.

Company profile, executives and history

Transocean stock: common questions

What is Transocean's stock price?

RIG closed at $5.31 on Nov 11, 2026, up 2.51% on the day. Over the past 52 weeks it traded between $3.68 and $7.66.

What is Transocean's market cap?

Transocean was worth $5.93B at the close on Nov 11, 2026: the share price times the diluted shares outstanding.

What is RIG's P/E ratio?

Transocean lost money over the twelve months to Jun 30, 2026 (diluted EPS -$1.88), so it has no meaningful P/E ratio.

How much revenue does Transocean make?

Transocean reported revenue of $4.12B for the twelve months to Jun 30, 2026.

Does Transocean pay a dividend?

No. Transocean has not paid a cash dividend over the last twelve months.

When does Transocean report earnings next?

Transocean is expected to report Q4 FY2026 results on Feb 19, 2027, after the close. The date is estimated from its past reporting pattern until the company confirms it.

How has RIG stock performed over the past year?

Including dividends, RIG returned +25.5% over the past year, against +12.4% for the S&P 500.

How many RIG shares are sold short?

323M shares were sold short at the latest FINRA report, 35.76% of the float, or 6.7 days of average trading volume.

Who are Transocean's competitors?

Companies most similar to Transocean by business, industry and size include NE, SDRL, HP, VAL, NBR.

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