GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transocean Ltd (NYSE:RIG) » Definitions » Net Margin %

Transocean (Transocean) Net Margin %

: -14.04% (As of Dec. 2023)
View and export this data going back to 1993. Start your Free Trial

Net margin is calculated as Net Income divided by its Revenue. Transocean's Net Income for the three months ended in Dec. 2023 was $-104 Mil. Transocean's Revenue for the three months ended in Dec. 2023 was $741 Mil. Therefore, Transocean's net margin for the quarter that ended in Dec. 2023 was -14.04%.

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

RIG' s Net Margin % Range Over the Past 10 Years
Min: -105.18   Med: -23.64   Max: 18.7
Current: -33.69


RIG's Net Margin % is ranked worse than
84.6% of 974 companies
in the Oil & Gas industry
Industry Median: 4.235 vs RIG: -33.69

Transocean Net Margin % Historical Data

The historical data trend for Transocean's Net 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.

* Premium members only.

Transocean Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -40.64 -17.99 -23.16 -24.12 -33.69

Transocean Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 Premium Member Only Premium Member Only Premium Member Only -57.76 -71.65 -22.63 -30.86 -14.04

Competitive Comparison

For the Oil & Gas Drilling subindustry, Transocean's Net Margin %, along with its competitors' market caps and Net 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.


Transocean Net Margin % Distribution

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

* The bar in red indicates where Transocean's Net Margin % falls into.



Transocean Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Transocean's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-954/2832
=-33.69 %

Transocean's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-104/741
=-14.04 %

* 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.


Transocean  (NYSE:RIG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Transocean Net Margin % Related Terms

Thank you for viewing the detailed overview of Transocean's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Transocean (Transocean) Business Description

Traded in Other Exchanges
Address
Turmstrasse 30, Steinhausen, CHE, 6312
Transocean Ltd. is a international provider of offshore contract drilling services for oil and gas wells. Its segment involves contracting mobile offshore drilling rigs, related equipment and work crews to drill oil and gas wells.
Executives
David A Tonnel officer: SVP and Corporate Controller 4 GREENWAY PLAZA, HOUSTON TX 77046
Mark-anthony Lovell Mey officer: EVP & CFO 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Dell'osso Domenic J Jr director 6100 N. WESTERN AVE., OKLAHOMA CITY OK 73118
Chad C Deaton director 12001 N HOUSTON ROSSLYN, HOUSTON TX 77086
Keelan Adamson officer: President & COO 4 GREENWAY PLAZA, HOUSTON TX 77046
Chang Vanessa C L director P O BOX 800, 2244 WALNUT GROVE, ROSEMEAD CA 91770
Frederik Wilhelm Mohn director TRANSOCEAN LTD, TURMSTRASSE 30, STEINHAUSEN V8 6312
Erestroika director TRANSOCEAN LTD, TURMSTRASSE 30, STEINHAUSEN V8 6312
Jeremy D Thigpen director, officer: CEO
Howard E Davis officer: EVP, CAO & CIO 4 GREENWAY PLAZA, HOUSTON TX 77046
Brady K Long officer: EVP & General Counsel 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
De Saint Victor Diane director TURMSTRASSE 30, STEINHAUSEN V8 6312
Margareth Oevrum director FMC CORPORATION, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Edward R Muller director C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Vincent J Intrieri director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160