Seadrill Limited (SDRL) quarterly cash flow statement — complete operating, investing & financing history
Seadrill Limited (SDRL) cash flow statement — 14-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 195M | -162M | -22M | -40M | 28M | 11M | -27M | 7M | -27M | 79M | 29M | 140M | 112M | 20M | 15M | 77M | -30M | -31M | -5M | -39M |
| Operating CF Margin % | 45.56% | -36.08% | -6.15% | -11.05% | 7.95% | 2.92% | -8.06% | 2.42% | -7.63% | 21.94% | 7.9% | 35.99% | 27.05% | 4.83% | 5.64% | 32.35% | -11.15% | -12.25% | -2.02% | -10.37% |
| Operating CF Growth % | 596.43% | -1572.73% | 18.52% | -671.43% | 203.7% | -86.08% | -193.1% | -95% | -124.11% | 295% | 93.33% | 81.82% | 473.33% | 164.52% | 400% | 297.44% | 41.18% | -24% | - | 45.07% |
| Net Income | -30M | 29M | -7M | -10M | -11M | -42M | -14M | 101M | 32M | 253M | 60M | 73M | 90M | 94M | 43M | -23M | -18M | -36M | 3.74B | 23M |
| Depreciation & Amortization | 77M | 72M | 71M | 69M | 58M | 56M | 55M | 45M | 42M | 43M | 38M | 44M | 39M | 37M | 36M | 45M | 38M | 39M | 30M | 60M |
| Stock-Based Compensation | 4M | 6M | 0 | 6M | 5M | 5M | 4M | 5M | 5M | 0 | 3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 7M | 1M | 17M | 3M | 5M | 11M | 3M | -6M | 0 | -2M | -5M | -22M | 5M | 6M | -2M | -5M | -3M | 4M | -4M | -4M |
| Other Non-Cash Items | -45M | -227M | -2M | 33M | 11M | 9M | -50M | -128M | -75M | -209M | -29M | -9M | -40M | -42M | -17M | 4M | -16M | 55M | -3.77B | -40M |
| Working Capital Changes | 182M | -43M | -101M | -141M | -40M | -28M | -25M | -10M | -31M | -6M | -38M | 54M | 18M | -75M | -45M | 56M | -31M | -93M | -1M | -78M |
| Change in Receivables | 72M | -90M | -59M | 17M | 13M | -49M | 42M | -3M | 26M | 12M | 20M | 20M | -26M | -26M | 18M | -17M | 3M | -29M | 24M | -40M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 17M | -6M | 11M | -11M | 5M | -6M | -35M | 10M | 28M | 16M | 11M | -2M | 6M | -28M | -10M | 1M | 6M | 8M | 6M | -5M |
| Cash from Investing | -16M | -25M | -13M | -22M | -19M | -23M | -49M | 7M | -53M | 295M | -23M | -58M | 34M | 30M | 36M | 626M | -115M | -47M | -143M | 81M |
| Capital Expenditures | -16M | 13M | -13M | -45M | -19M | 45M | -45M | -38M | -53M | -43M | -23M | -48M | -28M | -14M | -11M | -23M | -50M | -37M | -31M | -5M |
| CapEx % of Revenue | 3.74% | 2.9% | 3.63% | 12.43% | 5.4% | 11.94% | 13.43% | 13.15% | 14.97% | 11.94% | 6.27% | 12.34% | 6.76% | 3.38% | 4.14% | 9.66% | 18.59% | 14.62% | 12.5% | 1.33% |
| Acquisitions | 0 | 0 | 0 | 1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -31M | 14M | -2M | 43M | 0 | 1M | 2M | 0 | 25M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -38M | 0 | 22M | 0 | -68M | -4M | 45M | 0 | 338M | 0 | 21M | 48M | 46M | 4M | 649M | -66M | 82M | -112M | 61M |
| Cash from Financing | -33M | 74M | -1M | -3M | 0 | 0 | 0 | -101M | -190M | -122M | -119M | -220M | 187M | -7M | -160M | -464M | 36M | 0 | 85M | 0 |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -31M | 261M | -3M | -160M | -464M | 0 | 0 | 65M | 0 |
| Equity Issued (Net) | -25M | 0 | 0 | 0 | 0 | 0 | 0 | -101M | -190M | -122M | -119M | -189M | -46M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -25M | 0 | 0 | 0 | 0 | 0 | 0 | -101M | -190M | -122M | -119M | -217M | -46M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -8M | 74M | -1M | -3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -28M | -4M | 0 | 0 | 36M | 0 | 20M | 0 |
| Net Change in Cash | 146M | -113M | -36M | -63M | 9M | -11M | -75M | -87M | -270M | 250M | -116M | -141M | 330M | 48M | -107M | 245M | -119M | -80M | 25M | 453M |
| Free Cash Flow | 179M | -149M | -35M | -85M | 9M | 56M | -72M | -31M | -80M | 36M | 6M | 92M | 84M | 6M | 4M | 54M | -80M | -68M | -36M | -44M |
| FCF Margin % | 41.82% | -33.18% | -9.78% | -23.48% | 2.56% | 14.85% | -21.49% | -10.73% | -22.6% | 10% | 1.63% | 23.65% | 20.29% | 1.45% | 1.5% | 22.69% | -29.74% | -26.88% | -14.52% | -11.7% |
| FCF Growth % | 1888.89% | -366.07% | 51.39% | -174.19% | 111.25% | 55.56% | -1300% | -133.7% | -195.24% | 500% | 50% | 70.37% | 205% | 108.82% | 111.11% | 222.73% | -29.03% | -100% | - | 43.23% |
| FCF per Share | 2.92 | -2.40 | -0.56 | -1.36 | 0.14 | 0.86 | -1.11 | -0.48 | -1.23 | 0.49 | 0.08 | 1.23 | 1.03 | 0.07 | 0.08 | 1.08 | -1.60 | -1.36 | -0.72 | -0.44 |
| FCF Conversion (FCF/Net Income) | -6.50x | -5.59x | 3.14x | 4.00x | -2.55x | -0.26x | 1.93x | 0.07x | -0.84x | 0.31x | 0.48x | 1.92x | 1.24x | 0.21x | 0.35x | 0.31x | 1.88x | 0.86x | -0.00x | -0.01x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7M | 12M | 16M | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2M | 7M | 2M | 0 | 0 | 0 | 0 | 0 |