Transocean Ltd.
RIGEnergyNASDAQOil & Gas Drilling · Last scanned May 29, 2026
Scan Results
Daily timeframe1 of 4 indicators bearish as of May 28
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells in Switzerland and internationally. Valued at $6.88B, RIG is a mid-cap name in its sector. The company contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells.
Market Cap
$6.88B
Beta
1.34
P/E (TTM)
—
P/E (Fwd)
22.53
EPS (TTM)
$-2.89
EPS (Fwd)
$0.28
ROE
-30.0%
ROA
3.4%
Cash
$330.0M
Total Debt
$5.27B
Free CF
$1.09B
52W Change
149.8%
Annual Financials
Cash vs Debt
The company holds $330.0M in cash, though total debt stands at $5.27B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company generates $1.09B in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at -30.0%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 3.4% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $2.58B (2022) to $3.96B (2025), reflecting a 54% increase over the period.
Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Transocean Ltd. and its sector.