Seadrill (HAM:P4F) Gross Margin %: 13.97% (As of Mar. 2026) — 255% Above Median


HAM:P4F Seadrill Ltd HAM:P4F
58 GF Score
Price €33.80
GF Value €39.66
! 4 Warning Signs
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What is Seadrill Gross Margin %?

Seadrill HAM:P4F +1.20% 58 Gross Margin % is 13.97% as of Mar. 2026, which is 255% above its 10-year median of 3.93. GuruFocus rates HAM:P4F with a GF Score™ of 58/100 and a GF Value™ of €39.66. The stock has 4 warning signs investors should review. Among 867 Oil & Gas companies, Seadrill ranks worse than 73.24% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Seadrill's Gross Profit for the three months ended in Mar. 2026 was €43 Mil. Seadrill's Revenue for the three months ended in Mar. 2026 was €310 Mil. Therefore, Seadrill's Gross Margin % for the quarter that ended in Mar. 2026 was 13.97%.


The historical rank and industry rank for Seadrill's Gross Margin % or its related term are showing as below:

HAM:P4F' s Gross Margin % Range Over the Past 10 Years
Min: -33.61   Med: 3.93   Max: 27.5
Current: 12.47


During the past 7 years, the highest Gross Margin % of Seadrill was 27.50%. The lowest was -33.61%. And the median was 3.93%.

HAM:P4F's Gross Margin % is ranked worse than
73.24% of 867 companies
in the Oil & Gas industry
Industry Median: 25.7 vs HAM:P4F: 12.47

Seadrill had a gross margin of 13.97% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Seadrill was 0.00% per year.


Seadrill  (HAM:P4F) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Seadrill had a gross margin of 13.97% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Seadrill Gross Margin % Related Terms


Seadrill Gross Margin % Historical Data

* Premium members only.

The historical data trend for Seadrill's Gross Margin % 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 Gross Margin % Chart

Seadrill Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial -4.19 0.00 27.50 21.16 12.04

Seadrill Quarterly Data
Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 12.24 8.49 14.88 12.71 13.97

HAM:P4F vs SOC, HP, PTEN: Gross Margin % Comparison

For the Oil & Gas Drilling subindustry, Seadrill's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Seadrill's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Seadrill's Gross Margin % falls into.


HAM:P4F
58GF Score
Seadrill Ltd HAM:P4F
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Seadrill Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Seadrill's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=147.7 / 1227.198
=(Revenue - Cost of Goods Sold) / Revenue
=(1227.198 - 1079.456) / 1227.198
=12.04 %

Seadrill's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=43.3 / 309.67
=(Revenue - Cost of Goods Sold) / Revenue
=(309.67 - 266.42) / 309.67
=13.97 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 13.97% mean?
Seadrill (HAM:P4F) has a Gross Margin % of 13.97% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Seadrill and its competitors. This is 255% above median its historical median of 3.93. According to the industry distribution chart, Seadrill ranks #635 out of 867 companies in the Oil & Gas industry, placing it in the top 73.2%.
Is Seadrill's Gross Margin % too high?
Seadrill's current Gross Margin % of 13.97% is 255% above median its 10-year median of 3.93. The Oil & Gas industry median Gross Margin % is 25.70. Seadrill's value of 13.97% is 45.6% below this industry median. Based on the distribution chart, Seadrill ranks #635 out of 867 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Seadrill has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Seadrill's Gross Margin % compare to SOC and HP?
According to the Oil & Gas industry distribution chart, Seadrill ranks #635 out of 867 companies for Gross Margin %. This places Seadrill in the lower half of its industry. The industry median Gross Margin % is 25.70. Seadrill's value of 13.97% is 45.6% below this benchmark. While the company's 10-year median is 3.93 vs. the industry median of 25.70, 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 Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.70, based on 867 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Seadrill's current Gross Margin % of 13.97% is 45.6% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Seadrill and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seadrill's current Gross Margin % is 13.97%, which is 255% above median its own 10-year median of 3.93. 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 Gross Margin % of 13.97%. The stock's GF Value™ is €39.66, compared to a current price of €33.80 — trading 14.8% below its estimated fair value. The current Gross Margin % is 13.97%, which is 255% above median its 10-year median of 3.93 and 45.6% below the Oil & Gas industry median of 25.70. Seadrill's overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Seadrill (HAM:P4F), the current Gross Margin % is 13.97% 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 €33.80 is trading 14.8% below its estimated GF Value™ of €39.66.

Key valuation signals for HAM:P4F:

  • Gross Margin %: 13.97% (255% above median its 10-year median of 3.93)
  • GF Value™: €39.66 vs. price of €33.80 (14.8% below fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 45.6% below the Oil & Gas median (#635 of 867)

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.
58GF Score

Get the complete analysis for HAM:P4F

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€33.80
Price
€39.66
GF Value