Transocean Ltd
NYSE:RIG
Income Statement
Earnings Waterfall
Transocean Ltd
Revenue
|
2.9B
USD
|
Cost of Revenue
|
-2.1B
USD
|
Gross Profit
|
846m
USD
|
Operating Expenses
|
-941m
USD
|
Operating Income
|
-95m
USD
|
Other Expenses
|
-296m
USD
|
Net Income
|
-391m
USD
|
Income Statement
Transocean Ltd
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
9 404
N/A
|
9 368
0%
|
9 189
-2%
|
9 185
0%
|
8 889
-3%
|
8 445
-5%
|
7 783
-8%
|
7 386
-5%
|
6 684
-10%
|
5 740
-14%
|
5 038
-12%
|
4 161
-17%
|
3 605
-13%
|
3 416
-5%
|
3 318
-3%
|
2 973
-10%
|
2 852
-4%
|
2 891
+1%
|
2 899
+0%
|
3 018
+4%
|
3 108
+3%
|
3 076
-1%
|
3 044
-1%
|
3 088
+1%
|
3 093
+0%
|
3 265
+6%
|
3 254
0%
|
3 152
-3%
|
3 046
-3%
|
2 772
-9%
|
2 625
-5%
|
2 556
-3%
|
2 489
-3%
|
2 525
+1%
|
2 590
+3%
|
2 575
-1%
|
2 638
+2%
|
2 675
+1%
|
2 697
+1%
|
2 832
+5%
|
2 946
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5 476)
|
(5 329)
|
(5 261)
|
(5 100)
|
(4 915)
|
(3 899)
|
(3 461)
|
(2 955)
|
(2 526)
|
(2 826)
|
(2 355)
|
(1 875)
|
(1 559)
|
(1 393)
|
(1 309)
|
(1 389)
|
(1 466)
|
(1 566)
|
(1 688)
|
(1 799)
|
(1 883)
|
(1 962)
|
(2 062)
|
(2 140)
|
(2 172)
|
(2 187)
|
(2 110)
|
(2 000)
|
(1 895)
|
(1 804)
|
(1 732)
|
(1 697)
|
(1 674)
|
(1 673)
|
(1 686)
|
(1 679)
|
(1 676)
|
(1 727)
|
(1 840)
|
(1 986)
|
(2 100)
|
|
Gross Profit |
3 928
N/A
|
4 039
+3%
|
3 928
-3%
|
4 085
+4%
|
3 974
-3%
|
4 546
+14%
|
4 322
-5%
|
4 431
+3%
|
4 158
-6%
|
2 914
-30%
|
2 683
-8%
|
2 286
-15%
|
2 046
-10%
|
2 023
-1%
|
2 009
-1%
|
1 584
-21%
|
1 386
-13%
|
1 325
-4%
|
1 211
-9%
|
1 219
+1%
|
1 225
+0%
|
1 114
-9%
|
982
-12%
|
948
-3%
|
921
-3%
|
1 078
+17%
|
1 144
+6%
|
1 152
+1%
|
1 151
0%
|
968
-16%
|
893
-8%
|
859
-4%
|
815
-5%
|
852
+5%
|
904
+6%
|
896
-1%
|
962
+7%
|
948
-1%
|
857
-10%
|
846
-1%
|
846
N/A
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 383)
|
(1 371)
|
(1 371)
|
(1 363)
|
(1 370)
|
(1 312)
|
(1 227)
|
(1 155)
|
(1 078)
|
(1 051)
|
(1 062)
|
(1 065)
|
(1 077)
|
(1 065)
|
(1 035)
|
(988)
|
(966)
|
(975)
|
(975)
|
(1 006)
|
(1 023)
|
(1 024)
|
(1 045)
|
(1 048)
|
(1 031)
|
(1 008)
|
(986)
|
(964)
|
(941)
|
(925)
|
(915)
|
(909)
|
(908)
|
(910)
|
(909)
|
(917)
|
(919)
|
(926)
|
(938)
|
(931)
|
(941)
|
|
Selling, General & Administrative |
(276)
|
(262)
|
(247)
|
(234)
|
(223)
|
(204)
|
(197)
|
(192)
|
(189)
|
(186)
|
(182)
|
(172)
|
(169)
|
(163)
|
(161)
|
(156)
|
(164)
|
(181)
|
(177)
|
(188)
|
(190)
|
(183)
|
(193)
|
(189)
|
(187)
|
(187)
|
(187)
|
(183)
|
(179)
|
(173)
|
(168)
|
(167)
|
(170)
|
(174)
|
(176)
|
(182)
|
(185)
|
(190)
|
(192)
|
(187)
|
(194)
|
|
Research & Development |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Depreciation & Amortization |
(1 107)
|
(1 109)
|
(1 124)
|
(1 129)
|
(1 147)
|
(1 108)
|
(1 030)
|
(963)
|
(889)
|
(865)
|
(880)
|
(893)
|
(908)
|
(902)
|
(874)
|
(832)
|
(802)
|
(794)
|
(798)
|
(818)
|
(833)
|
(841)
|
(852)
|
(855)
|
(844)
|
(821)
|
(799)
|
(781)
|
(762)
|
(752)
|
(747)
|
(742)
|
(738)
|
(736)
|
(733)
|
(735)
|
(734)
|
(736)
|
(746)
|
(744)
|
(747)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
2 545
N/A
|
2 668
+5%
|
2 557
-4%
|
2 722
+6%
|
2 604
-4%
|
3 234
+24%
|
3 095
-4%
|
3 276
+6%
|
3 080
-6%
|
1 863
-40%
|
1 621
-13%
|
1 221
-25%
|
969
-21%
|
958
-1%
|
974
+2%
|
596
-39%
|
420
-30%
|
350
-17%
|
236
-33%
|
213
-10%
|
202
-5%
|
90
-55%
|
(63)
N/A
|
(100)
-59%
|
(110)
-10%
|
70
N/A
|
158
+126%
|
188
+19%
|
210
+12%
|
43
-80%
|
(22)
N/A
|
(50)
-127%
|
(93)
-86%
|
(58)
+38%
|
(5)
+91%
|
(21)
-320%
|
43
N/A
|
22
-49%
|
(81)
N/A
|
(85)
-5%
|
(95)
-12%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(508)
|
(470)
|
(455)
|
(463)
|
(457)
|
(474)
|
(462)
|
(410)
|
(383)
|
(363)
|
(363)
|
(389)
|
(427)
|
(455)
|
(442)
|
(448)
|
(462)
|
(475)
|
(533)
|
(567)
|
(588)
|
(609)
|
(614)
|
(617)
|
(611)
|
(604)
|
(589)
|
(554)
|
(515)
|
(477)
|
(444)
|
(432)
|
(420)
|
(405)
|
(386)
|
(534)
|
(664)
|
(725)
|
(858)
|
(608)
|
(468)
|
|
Non-Reccuring Items |
(135)
|
(95)
|
(2 890)
|
(4 082)
|
(4 957)
|
(5 846)
|
(3 094)
|
(1 888)
|
(947)
|
(35)
|
101
|
59
|
79
|
(1 701)
|
(3 204)
|
(3 156)
|
(3 153)
|
(2 412)
|
(1 456)
|
(1 467)
|
(1 483)
|
(488)
|
(648)
|
(662)
|
(877)
|
(1 281)
|
(297)
|
(148)
|
70
|
495
|
107
|
(11)
|
(2)
|
(7)
|
0
|
(2)
|
(205)
|
(254)
|
(266)
|
(271)
|
(75)
|
|
Total Other Income |
(30)
|
(6)
|
4
|
35
|
84
|
71
|
68
|
37
|
(11)
|
(3)
|
1
|
43
|
51
|
44
|
45
|
5
|
(12)
|
(8)
|
0
|
46
|
64
|
87
|
73
|
181
|
184
|
105
|
124
|
(27)
|
(30)
|
40
|
22
|
23
|
15
|
4
|
(5)
|
(5)
|
(1)
|
14
|
32
|
23
|
18
|
|
Pre-Tax Income |
1 872
N/A
|
2 097
+12%
|
(784)
N/A
|
(1 788)
-128%
|
(2 726)
-52%
|
(3 015)
-11%
|
(393)
+87%
|
1 015
N/A
|
1 739
+71%
|
1 462
-16%
|
1 360
-7%
|
934
-31%
|
672
-28%
|
(1 154)
N/A
|
(2 627)
-128%
|
(3 003)
-14%
|
(3 207)
-7%
|
(2 545)
+21%
|
(1 753)
+31%
|
(1 775)
-1%
|
(1 805)
-2%
|
(920)
+49%
|
(1 252)
-36%
|
(1 198)
+4%
|
(1 414)
-18%
|
(1 710)
-21%
|
(604)
+65%
|
(541)
+10%
|
(265)
+51%
|
101
N/A
|
(337)
N/A
|
(470)
-39%
|
(500)
-6%
|
(466)
+7%
|
(396)
+15%
|
(562)
-42%
|
(827)
-47%
|
(943)
-14%
|
(1 173)
-24%
|
(941)
+20%
|
(620)
+34%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(318)
|
(259)
|
(180)
|
(92)
|
(95)
|
(63)
|
(96)
|
(120)
|
(135)
|
(113)
|
(102)
|
(107)
|
(9)
|
46
|
(128)
|
(28)
|
(131)
|
(253)
|
44
|
(141)
|
(70)
|
(22)
|
(193)
|
(59)
|
(63)
|
(58)
|
20
|
(27)
|
(10)
|
18
|
(33)
|
(121)
|
(168)
|
(167)
|
(135)
|
(59)
|
(84)
|
(65)
|
(27)
|
(13)
|
229
|
|
Income from Continuing Operations |
1 554
|
1 838
|
(964)
|
(1 880)
|
(2 821)
|
(3 078)
|
(489)
|
895
|
1 604
|
1 349
|
1 258
|
827
|
663
|
(1 108)
|
(2 755)
|
(3 031)
|
(3 338)
|
(2 798)
|
(1 709)
|
(1 916)
|
(1 875)
|
(942)
|
(1 445)
|
(1 257)
|
(1 477)
|
(1 768)
|
(584)
|
(568)
|
(275)
|
119
|
(370)
|
(591)
|
(668)
|
(633)
|
(531)
|
(621)
|
(911)
|
(1 008)
|
(1 200)
|
(954)
|
(391)
|
|
Income to Minority Interest |
(18)
|
(24)
|
24
|
61
|
57
|
61
|
6
|
(32)
|
(24)
|
(29)
|
(38)
|
(49)
|
(50)
|
(50)
|
(38)
|
(30)
|
(24)
|
(9)
|
(3)
|
7
|
5
|
(1)
|
(1)
|
2
|
1
|
3
|
3
|
1
|
1
|
1
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
1 525
N/A
|
1 815
+19%
|
(943)
N/A
|
(1 839)
-95%
|
(2 771)
-51%
|
(3 025)
-9%
|
(491)
+84%
|
857
N/A
|
1 569
+83%
|
1 311
-16%
|
1 209
-8%
|
764
-37%
|
601
-21%
|
(1 169)
N/A
|
(2 801)
-140%
|
(3 127)
-12%
|
(3 428)
-10%
|
(2 873)
+16%
|
(1 865)
+35%
|
(1 996)
-7%
|
(1 957)
+2%
|
(1 030)
+47%
|
(1 446)
-40%
|
(1 255)
+13%
|
(1 476)
-18%
|
(1 765)
-20%
|
(581)
+67%
|
(567)
+2%
|
(274)
+52%
|
120
N/A
|
(369)
N/A
|
(592)
-60%
|
(668)
-13%
|
(633)
+5%
|
(531)
+16%
|
(621)
-17%
|
(911)
-47%
|
(1 008)
-11%
|
(1 200)
-19%
|
(954)
+21%
|
(391)
+59%
|
|
EPS (Diluted) |
4.21
N/A
|
4.94
+17%
|
-2.6
N/A
|
-5.08
-95%
|
-7.62
-50%
|
-8.34
-9%
|
-1.36
+84%
|
2.36
N/A
|
4.31
+83%
|
3.6
-16%
|
3.33
-8%
|
2.08
-38%
|
1.54
-26%
|
-2.98
N/A
|
-7.16
-140%
|
-7.99
-12%
|
-7.82
+2%
|
-6.21
+21%
|
-4.02
+35%
|
-4.26
-6%
|
-3.2
+25%
|
-1.68
+48%
|
-2.35
-40%
|
-2.05
+13%
|
-2.41
-18%
|
-2.88
-20%
|
-0.82
+72%
|
-0.92
-12%
|
-0.44
+52%
|
0.19
N/A
|
-0.58
N/A
|
-0.93
-60%
|
-1.02
-10%
|
-0.91
+11%
|
-0.74
+19%
|
-0.89
-20%
|
-1.26
-42%
|
-1.32
-5%
|
-1.55
-17%
|
-1.24
+20%
|
-0.4
+68%
|