Seadrill Limited

SDRL

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
1,385
Cost of Revenue
1,092
Gross Profit
293
Gross Margin
21.2%
Operating Income
412
Operating Margin
29.7%
Net Income
446
Net Margin
32.2%
EPS (Basic)
$6.56
EPS (Diluted)
$6.37
EBITDA
562
EBITDA Margin
40.6%

2023

12/31/2023

Revenue
1,470
Cost of Revenue
905
Gross Profit
565
Gross Margin
38.4%
Operating Income
329
Operating Margin
22.4%
Net Income
300
Net Margin
20.4%
EPS (Basic)
$4.23
EPS (Diluted)
$4.05
EBITDA
494
EBITDA Margin
33.6%

2022

12/31/2022

Revenue
977
Cost of Revenue
700
Gross Profit
277
Gross Margin
28.4%
Operating Income
72
Operating Margin
7.4%
Net Income
3,666
Net Margin
375.2%
EPS (Basic)
$73.32
EPS (Diluted)
$73.32
EBITDA
224
EBITDA Margin
22.9%

2021

12/31/2021

Revenue
840
Cost of Revenue
786
Gross Profit
54
Gross Margin
6.4%
Operating Income
-108
Operating Margin
-12.9%
Net Income
-572
Net Margin
-68.1%
EPS (Basic)
$-5.72
EPS (Diluted)
$-5.72
EBITDA
-336
EBITDA Margin
-40.0%

2020

12/31/2020

Revenue
894
Cost of Revenue
931
Gross Profit
-37
Gross Margin
-4.1%
Operating Income
-408
Operating Margin
-45.6%
Net Income
-4,426
Net Margin
-495.1%
EPS (Basic)
$-44.26
EPS (Diluted)
$-44.26
EBITDA
-3,688
EBITDA Margin
-412.5%