(SDRL) Seadrill - Overview
Sector: Energy | Industry: Oil & Gas Drilling | Exchange: NYSE (USA) | Market Cap: 2.950m USD | Total Return: 86.6% in 12m
Avg Turnover: 29.7M
Warnings
Interest Coverage Ratio 0.6 is critical
Below Avwap Earnings
Tailwinds
Confidence
Seadrill Limited (SDRL) is an offshore drilling contractor providing specialized equipment and management services to the global oil and gas industry. Headquartered in Houston, the company operates a fleet of drillships, semi-submersible rigs, and jackup units capable of executing projects in environments ranging from shallow to ultra-deep water.
The company operates within the capital-intensive oilfield services sector, where revenue is primarily generated through day-rate contracts with national oil companies and global integrated majors. The offshore drilling business model relies heavily on crude oil prices and exploration budgets, as deepwater projects typically require higher breakeven costs compared to onshore shale production.
Investors can evaluate the company’s fleet utilization and contract backlog on ValueRay to better understand its valuation. Seadrill maintains a diverse client base including state-owned entities and independent producers to mitigate regional market volatility.
- Rising dayrates for ultra-deepwater drillships bolster contract backlog and profit margins
- Global offshore capital expenditure cycles dictate demand for high-specification floating rigs
- Strategic fleet consolidation and asset divestitures influence long-term capital allocation efficiency
- Fluctuations in crude oil prices determine offshore exploration and production budget levels
- Rig utilization rates in the Golden Triangle region impact quarterly revenue stability
| Net Income: -24.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA 2.24 > 1.0 |
| NWC/Revenue: 27.19% < 20% (prev 30.04%; Δ -2.85% < -1%) |
| CFO/TA -0.01 > 3% & CFO -23.0m > Net Income -24.0m |
| Net Debt (327.0m) to EBITDA (291.0m): 1.12 < 3 |
| Current Ratio: 1.94 > 1.5 & < 3 |
| Outstanding Shares: last quarter (62.1m) vs 12m ago -4.47% < -2% |
| Gross Margin: 16.56% > 18% (prev 21.30%; Δ -4.74% > 0.5%) |
| Asset Turnover: 35.98% > 50% (prev 32.93%; Δ 3.05% > 0%) |
| Interest Coverage Ratio: 0.61 > 6 (EBIT TTM 37.0m / Interest Expense TTM 61.0m) |
| A: 0.10 (Total Current Assets 811.0m - Total Current Liabilities 417.0m) / Total Assets 3.99b |
| B: 0.22 (Retained Earnings 863.0m / Total Assets 3.99b) |
| C: 0.01 (EBIT TTM 37.0m / Avg Total Assets 4.03b) |
| D: 2.50 (Book Value of Equity 2.85b / Total Liabilities 1.14b) |
| Altman-Z'' = 4.04 = AA |
| DSRI: 1.01 (Receivables 214.0m/196.0m, Revenue 1.45b/1.34b) |
| GMI: 1.29 (GM 21.30% / 16.56%) |
| AQI: 0.76 (AQ_t 0.05 / AQ_t-1 0.07) |
| SGI: 1.08 (Revenue 1.45b / 1.34b) |
| TATA: -0.00 (NI -24.0m - CFO -23.0m) / TA 3.99b) |
| Beneish M = -2.84 (Cap -4..+1) = A |
As of June 05, 2026, the stock is trading at USD 45.67 with a total of 469,943 shares traded.
Over the past week, the price has changed by -4.75%,
over one month by -7.48%,
over three months by +7.71% and
over the past year by +86.56%.
Seadrill has received a consensus analysts rating of 4.71. Therefore, it is recommended to buy SDRL.
- StrongBuy: 5
- Buy: 2
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 56.4 | 23.6% |
P/E Forward = 357.1429
P/S = 2.0963
P/B = 1.0346
Revenue TTM = 1.45b USD
EBIT TTM = 37.0m USD
EBITDA TTM = 291.0m USD
Long Term Debt = 614.0m USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 631.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 17.0m
Net Debt = 327.0m USD (calculated: Debt 631.0m - CCE 304.0m)
Enterprise Value = 3.28b USD (2.95b + Debt 631.0m - CCE 304.0m)
Interest Coverage Ratio = 0.61 (Ebit TTM 37.0m / Interest Expense TTM 61.0m)
EV/FCF = -59.57x (Enterprise Value 3.28b / FCF TTM -55.0m)
FCF Yield = -1.68% (FCF TTM -55.0m / Enterprise Value 3.28b)
FCF Margin = -3.80% (FCF TTM -55.0m / Revenue TTM 1.45b)
Net Margin = -1.66% (Net Income TTM -24.0m / Revenue TTM 1.45b)
Gross Margin = 16.56% ((Revenue TTM 1.45b - Cost of Revenue TTM 1.21b) / Revenue TTM)
Gross Margin QoQ = 13.97% (prev 12.71%)
Tobins Q-Ratio = 0.82 (Enterprise Value 3.28b / Total Assets 3.99b)
Interest Expense / Debt = 9.67% (Interest Expense 61.0m / Debt 631.0m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 29.2m (EBIT 37.0m * (1 - 21.00%))
Current Ratio = 1.94 (Total Current Assets 811.0m / Total Current Liabilities 417.0m)
Debt / Equity = 0.22 (Debt 631.0m / totalStockholderEquity, last quarter 2.85b)
Debt / EBITDA = 1.12 (Net Debt 327.0m / EBITDA 291.0m)
Debt / FCF = -5.95 (negative FCF - burning cash) (Net Debt 327.0m / FCF TTM -55.0m)
Total Stockholder Equity = 2.86b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.60% (Net Income -24.0m / Total Assets 3.99b)
RoE = -0.84% (Net Income TTM -24.0m / Total Stockholder Equity 2.86b)
RoCE = 1.06% (EBIT 37.0m / Capital Employed (Equity 2.86b + L.T.Debt 614.0m))
RoIC = 0.83% (NOPAT 29.2m / Invested Capital 3.50b)
WACC = 9.37% (E(2.95b)/V(3.58b) * Re(9.74%) + D(631.0m)/V(3.58b) * Rd(9.67%) * (1-Tc(0.21)))
Discount Rate = 9.74% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -78.11 | Cagr: -5.60%
[DCF] Fair Price = unknown (Cash Flow -55.0m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.09 | # QB: 0
Revenue Correlation: 11.75 | Revenue CAGR: 0.99% | SUE: 2.89 | # QB: 2
EPS current Quarter (2026-06-30): EPS=0.22 | Chg30d=+283.28% | Revisions=+20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.30 | Chg30d=+49.24% | Revisions=+20% | Analysts=2
EPS current Year (2026-12-31): EPS=0.76 | Chg30d=+78.88% | Revisions=+20% | GrowthEPS=+623.8% | GrowthRev=+0.6%
EPS next Year (2027-12-31): EPS=3.54 | Chg30d=+10.28% | Revisions=+43% | GrowthEPS=+366.3% | GrowthRev=+14.8%
[Analyst] Revisions Ratio: +43%