Transocean Past Earnings Performance
Past criteria checks 0/6
Transocean has been growing earnings at an average annual rate of 13.2%, while the Energy Services industry saw earnings growing at 52.9% annually. Revenues have been declining at an average rate of 1.7% per year.
Key information
13.2%
Earnings growth rate
20.1%
EPS growth rate
| Energy Services Industry Growth | 23.7% |
| Revenue growth rate | -1.7% |
| Return on equity | -6.1% |
| Net Margin | -18.8% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Transocean: Improved Balance Sheet And Catalyst On The Horizon
Nov 13Take Care Before Diving Into The Deep End On Transocean Ltd. (NYSE:RIG)
Nov 01
Transocean: Management Is Keeping This Rig From Sinking
Oct 27Transocean: Record Low Stock Price And Record High Dayrates
Sep 15Transocean Stock: Selloff On Massive Impairment Charge Overdone -- Upgrading To Buy
Sep 03Transocean Records Record High Dayrates, But More Is Yet To Come
Aug 02Transocean Bags Record Dayrate For 8th Generation Drillship - Hold
Jul 25Transocean: Things Are Looking Up
Jul 16Transocean: Disappointing Contracting Activity And More Dilution Ahead - Hold
Jun 05Transocean Stock - The Good News Is Ignored
May 10Transocean: Stock Sells Off On Underwhelming Results And Guidance - Hold
May 01Transocean: Raising Estimates After Encouraging Drillship Contract Extension - Hold
Apr 08A Look At The Fair Value Of Transocean Ltd. (NYSE:RIG)
Mar 31Transocean: The Picture Is Looking Up, But It's Too Early To Get Excited
Mar 26What You Can Learn From Transocean Ltd.'s (NYSE:RIG) P/S
Mar 13Transocean: 2024 Not Off To A Good Start
Mar 11Transocean: Lowering Estimates After Disappointing 2024 Outlook - Hold
Feb 21Transocean: Improving Liquidity, Deleveraging, And Potential Profitability
Feb 05Transocean (NYSE:RIG) Has Debt But No Earnings; Should You Worry?
Jan 24Transocean: Levered Bet On Deepwater Offshore
Jan 19Transocean Continues To Face Challenges With Profitability
Jan 13Transocean: 5 Reasons To Be Bullish Into 2024
Dec 27Transocean: Set To Rise In 2024
Dec 13Transocean Stock: Bulls, Do Not Despair
Nov 25Transocean Has Had Its Ride Higher Already
Nov 17Transocean - Downgrading On More Gradual Industry Recovery Assumptions - Hold
Nov 02Transocean: Uninspiring Fleet Status Report Not Likely To Provide A Catalyst - Buy On Weakness
Oct 23Transocean: Drill Baby Drill
Oct 13Transocean: May Soar By 200% In The Next 36 Months
Oct 03Transocean Acquires Newbuild Drillship Following $486 Million Long-Term Contract Award - Buy
Sep 15Is Transocean (NYSE:RIG) Using Too Much Debt?
Sep 14Transocean: Deleveraging Story Becomes Clearer
Sep 02Transocean: Let's Do The Convertible Bond Math
Aug 21Transocean: Solid Quarter And Great Long-Term Outlook, Buy
Aug 02Transocean's Fleet Status Report Indicates A Healthy Backlog
Jul 26Calculating The Fair Value Of Transocean Ltd. (NYSE:RIG)
Jul 10Transocean Gets A New Contract, Wider Recovery Expected
Jul 03Transocean's Improving Prospects Are Not Reflected In Its Stock Price
Jun 21Transocean: A Great Trading Tool, But Not Much More
Jun 14Is Transocean (NYSE:RIG) Using Too Much Debt?
Jun 04Shareholders Should Be Pleased With Transocean Ltd.'s (NYSE:RIG) Price
Apr 17Is Transocean (NYSE:RIG) A Risky Investment?
Mar 01Transocean: Post Earnings Sell-Off Provides Buying Opportunity
Feb 23Transocean invests in GSR and offers rig for exploration work
Feb 09Transocean's Dhirubhai drillship contracted for 900+ days in Brazil
Jan 31Transocean: The Cold Stacked Rigs May Be The Next Question
Jan 24Transocean unit commences $1.75B senior secured notes offering
Jan 17Transocean commences $500M senior secured notes offering
Jan 09Transocean's Backlog Increased Again - Revenue Rise Likely
Dec 20Transocean bags 2 contracts for its drillships worth over $1B
Dec 07Transocean (NYSE:RIG) Has A Somewhat Strained Balance Sheet
Dec 01Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Transocean makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 3,313 | -623 | 213 | 0 |
| 30 Jun 24 | 3,078 | -349 | 210 | 0 |
| 31 Mar 24 | 2,946 | -391 | 199 | 0 |
| 31 Dec 23 | 2,832 | -954 | 192 | 0 |
| 30 Sep 23 | 2,697 | -1,200 | 190 | 0 |
| 30 Jun 23 | 2,675 | -1,008 | 188 | 0 |
| 31 Mar 23 | 2,638 | -911 | 183 | 0 |
| 31 Dec 22 | 2,575 | -621 | 180 | 0 |
| 30 Sep 22 | 2,590 | -531 | 170 | 0 |
| 30 Jun 22 | 2,525 | -633 | 168 | 0 |
| 31 Mar 22 | 2,489 | -668 | 164 | 0 |
| 31 Dec 21 | 2,556 | -592 | 161 | 0 |
| 30 Sep 21 | 2,625 | -369 | 194 | 0 |
| 30 Jun 21 | 2,772 | 120 | 199 | 0 |
| 31 Mar 21 | 3,046 | -274 | 205 | 0 |
| 31 Dec 20 | 3,152 | -567 | 209 | 0 |
| 30 Sep 20 | 3,254 | -581 | 191 | 0 |
| 30 Jun 20 | 3,265 | -1,765 | 191 | 0 |
| 31 Mar 20 | 3,093 | -1,476 | 192 | 0 |
| 31 Dec 19 | 3,088 | -1,255 | 192 | 0 |
| 30 Sep 19 | 3,044 | -1,446 | 175 | 0 |
| 30 Jun 19 | 3,076 | -1,030 | 161 | 0 |
| 31 Mar 19 | 3,108 | -1,957 | 167 | 0 |
| 31 Dec 18 | 3,018 | -1,996 | 147 | 0 |
| 30 Sep 18 | 2,874 | -1,865 | 166 | 0 |
| 30 Jun 18 | 2,767 | -2,873 | 171 | 0 |
| 31 Mar 18 | 2,688 | -3,428 | 154 | 0 |
| 31 Dec 17 | 2,731 | -3,127 | 152 | 0 |
| 30 Sep 17 | 2,671 | -2,779 | 157 | 0 |
| 30 Jun 17 | 2,868 | -1,147 | 162 | 0 |
| 31 Mar 17 | 3,327 | 621 | 168 | 0 |
| 31 Dec 16 | 4,161 | 764 | 152 | 0 |
| 30 Sep 16 | 4,605 | 1,206 | 182 | 0 |
| 30 Jun 16 | 5,307 | 1,307 | 186 | 0 |
| 31 Mar 16 | 6,021 | 1,567 | 189 | 0 |
| 31 Dec 15 | 7,386 | 855 | 192 | 0 |
| 30 Sep 15 | 7,772 | -559 | 197 | 0 |
| 30 Jun 15 | 8,434 | -3,091 | 204 | 0 |
| 31 Mar 15 | 8,878 | -2,831 | 223 | 0 |
| 31 Dec 14 | 9,185 | -1,819 | 234 | 0 |
| 30 Sep 14 | 9,189 | -942 | 247 | 0 |
| 30 Jun 14 | 9,368 | 1,808 | 262 | 0 |
| 31 Mar 14 | 9,404 | 1,523 | 276 | 0 |
| 31 Dec 13 | 9,249 | 1,386 | 286 | 0 |
Quality Earnings: RIG is currently unprofitable.
Growing Profit Margin: RIG is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RIG is unprofitable, but has reduced losses over the past 5 years at a rate of 13.2% per year.
Accelerating Growth: Unable to compare RIG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RIG is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (17%).
Return on Equity
High ROE: RIG has a negative Return on Equity (-6.09%), as it is currently unprofitable.