Transocean LTD. (RIG)

From the record

Transocean LTD.'s filings since 2017 show 4 warning events of 3 kinds: a debt default or acceleration notice (8-K item 2.04, 2 times, the latest 2020-10-07); a notice about its exchange listing (8-K item 3.01, the latest 2020-10-19); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2017-03-01) (its current reports).

From the record

Transocean LTD.'s 10 filed years say what it did: revenue went from $4.2 billion in fiscal 2016 to $4.0 billion in fiscal 2025, down 0.5% a year; it rose in 7 of 9 years; the deepest fall was 39% from fiscal 2016 to fiscal 2021; net income was positive in 1 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Transocean LTD.'s diluted share count grew about 11.2% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 14 sales (8 under scheduled 10b5-1 plans) and 4 purchases of their own stock on the open market in the year to 2026-09-30, buying about $18 million (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Transocean LTD. lost about 36 cents for every dollar of shareholders' money, and gross profitability: its products earned about 10 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 48 cents per dollar of assets, and net share issuance: its share count grew 3.8% over the year (the filed statements).

From the record

Transocean LTD.'s standing among 11 graded names in its industry family: revenue of $4.0 billion in fiscal 2025 ranks in the top 17% by size; a net margin of -73.5% ranks in the bottom 5%; revenue growth of 15.5% a year over the last 3 filed years ranks in the top 41% (its annual reports).

From the record

Transocean LTD.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Adamson, Keelan (PRESIDENT AND CEO, as filed), filing under that title since 2025-05-02, 1.5 years (bottom 36% of its family); the 16 officers and directors filing in the last fifteen months have been on the record a median of 9.9 years (top 25%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 16 people in charge now (top 50%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Transocean LTD.'s room to grow, from the newest filed statements (fiscal 2025): cash of $620 million against debt of $5.2 billion leaves -29.4% of its assets as net cash, bottom 23% of its family; cash from operations less capital spending is 15.8% of revenue (top 41%); a gross margin of 39.3% (top 17%) (its annual report).

From the record

Transocean LTD.'s growth drivers, from the filed years to fiscal 2025: revenue grew 15.5% a year over the last three filed years against -0.5% over all 10, speeding up (top 14% of its family); the newest year grew 12.5% (top 14%); capital spending grew -44.4% a year (bottom 7%) (its annual reports). Transocean LTD. reported 2 product lines in fiscal 2025: Ultra Deepwater Floaters at $2.8 billion (70%), Harsh Environment Floaters at $1.2 billion (30%); 2 of 2 grew against the year before (its annual report).

From the record

Transocean LTD.'s newest year against its own record: revenue of $4.0 billion in fiscal 2025 came in 3.8% below the $4.1 billion its prior three years' pace pointed to (top 32% of its family); net income of $2.9 billion against a prior three-year average of $696 million (bottom 5%); a net margin of -73.5% against -24.1% before (bottom 14%) (its annual reports).