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Transocean Ltd.

RIG

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
3,524
Cost of Revenue
2,174
Gross Profit
1,350
Gross Margin
38.3%
Operating Income
-417
Operating Margin
-11.8%
Net Income
-512
Net Margin
-14.5%
EPS (Basic)
$-0.60
EPS (Diluted)
$-0.60
EBITDA
1,138
EBITDA Margin
32.3%

2023

12/31/2023

Revenue
2,832
Cost of Revenue
1,960
Gross Profit
872
Gross Margin
30.8%
Operating Income
-325
Operating Margin
-11.5%
Net Income
-954
Net Margin
-33.7%
EPS (Basic)
$-1.24
EPS (Diluted)
$-1.24
EBITDA
732
EBITDA Margin
25.8%

2022

12/31/2022

Revenue
2,575
Cost of Revenue
1,668
Gross Profit
907
Gross Margin
35.2%
Operating Income
-31
Operating Margin
-1.2%
Net Income
-621
Net Margin
-24.1%
EPS (Basic)
$-0.89
EPS (Diluted)
$-0.89
EBITDA
844
EBITDA Margin
32.8%

2021

12/31/2021

Revenue
2,556
Cost of Revenue
1,685
Gross Profit
871
Gross Margin
34.1%
Operating Income
-112
Operating Margin
-4.4%
Net Income
-591
Net Margin
-23.1%
EPS (Basic)
$-0.93
EPS (Diluted)
$-0.93
EBITDA
930
EBITDA Margin
36.4%

2020

12/31/2020

Revenue
3,152
Cost of Revenue
1,978
Gross Profit
1,174
Gross Margin
37.2%
Operating Income
-493
Operating Margin
-15.6%
Net Income
-568
Net Margin
-18.0%
EPS (Basic)
$-0.92
EPS (Diluted)
$-0.92
EBITDA
1,180
EBITDA Margin
37.4%