Seadrill (HAM:P4F) Debt-to-EBITDA : 1.55 (As of Mar. 2026) — 35% Above Median

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HAM:P4F Seadrill Ltd HAM:P4F
57 GF Score
Price €39.40
GF Value €40.43
! 4 Warning Signs
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What is Seadrill Debt-to-EBITDA?

Seadrill HAM:P4F -1.50% 57 Debt-to-EBITDA is 1.55 as of Mar. 2026, which is 35% above its 10-year median of 1.15. GuruFocus rates HAM:P4F with a GF Score™ of 57/100 and a GF Value™ of €40.43. The stock has 4 warning signs investors should review. Among 706 Oil & Gas companies, Seadrill ranks worse than 53.68% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Seadrill's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €0 Mil. Seadrill's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €546 Mil. Seadrill's annualized EBITDA for the quarter that ended in Mar. 2026 was €353 Mil. Seadrill's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.55.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Seadrill's Debt-to-EBITDA or its related term are showing as below:

HAM:P4F' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.64   Med: 1.15   Max: 73.4
Current: 2.26

During the past 7 years, the highest Debt-to-EBITDA Ratio of Seadrill was 73.40. The lowest was -1.64. And the median was 1.15.

HAM:P4F's Debt-to-EBITDA is ranked worse than
53.68% of 706 companies
in the Oil & Gas industry
Industry Median: 2.005 vs HAM:P4F: 2.26

Seadrill  (HAM:P4F) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Seadrill Debt-to-EBITDA Related Terms


Seadrill Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Seadrill's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Seadrill Debt-to-EBITDA Chart

Seadrill Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 0.00 N/A 1.15 1.10 2.54

Seadrill Quarterly Data
Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.18 2.67 2.15 3.43 1.55

HAM:P4F vs HP, BORR, PTEN: Debt-to-EBITDA Comparison

For the Oil & Gas Drilling subindustry, Seadrill's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Seadrill Debt-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Seadrill's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Seadrill's Debt-to-EBITDA falls into.


HAM:P4F
57GF Score
Seadrill Ltd HAM:P4F
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seadrill Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Seadrill's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 538.874) / 211.792
=2.54

Seadrill's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 545.815) / 352.92
=1.55

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.55 mean?
Seadrill (HAM:P4F) has a Debt-to-EBITDA of 1.55 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Seadrill. This is 35% above median its historical median of 1.15. According to the industry distribution chart, Seadrill ranks #379 out of 706 companies in the Oil & Gas industry, placing it in the top 53.7%.
Is Seadrill's Debt-to-EBITDA too high?
Seadrill's current Debt-to-EBITDA of 1.55 is 35% above median its 10-year median of 1.15. The Oil & Gas industry median Debt-to-EBITDA is 2.01. Seadrill's value of 1.55 is 22.7% below this industry median. Based on the distribution chart, Seadrill ranks #379 out of 706 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Seadrill has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Seadrill's Debt-to-EBITDA compare to HP and BORR?
According to the Oil & Gas industry distribution chart, Seadrill ranks #379 out of 706 companies for Debt-to-EBITDA. This places Seadrill in the lower half of its industry. The industry median Debt-to-EBITDA is 2.01. Seadrill's value of 1.55 is 22.7% below this benchmark. While the company's 10-year median is 1.15 vs. the industry median of 2.01, Seadrill has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.01, based on 706 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Seadrill's current Debt-to-EBITDA of 1.55 is 22.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Seadrill. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seadrill's current Debt-to-EBITDA is 1.55, which is 35% above median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seadrill stock overvalued right now?
Seadrill (HAM:P4F) has a current Debt-to-EBITDA of 1.55. The stock's GF Value™ is €40.43, compared to a current price of €39.40 — trading 2.5% below its estimated fair value. The current Debt-to-EBITDA is 1.55, which is 35% above median its 10-year median of 1.15 and 22.7% below the Oil & Gas industry median of 2.01. Seadrill's overall GF Score™ is 57/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Seadrill (HAM:P4F), the current Debt-to-EBITDA is 1.55 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Seadrill (HAM:P4F) Overvalued in 2026?

Based on GuruFocus' analysis, Seadrill stock appears to be undervalued. The current stock price of €39.40 is trading 2.5% below its estimated GF Value™ of €40.43.

Key valuation signals for HAM:P4F:

  • Debt-to-EBITDA: 1.55 (35% above median its 10-year median of 1.15)
  • GF Value™: €40.43 vs. price of €39.40 (2.5% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 22.7% below the Oil & Gas median (#379 of 706)

No single metric tells the full story. See the HAM:P4F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seadrill Business Description

Industry EnergyOil & Gas
Other Exchanges SDRL:USAP4F:Germany
Address 11025 Equity Drive, Suite 150, Houston, TX, USA, 77041
Seadrill Ltd is an offshore drilling contractor company. The company is engaged in providing offshore drilling services to the oil and gas industry. The primary business of the company is the ownership and operation of drillships, semi-submersible rigs, and jack-up rigs for operations in shallow to ultra-deepwater areas in both benign and harsh environments. The geographical segments of the company are the United States, Brazil, Angola, Norway, and others. The company derives maximum revenue from Brazil.
57GF Score

Get the complete analysis for HAM:P4F

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€39.40
Price
€40.43
GF Value