Seadrill Limited (SDRL) Financial Ratios
14 years of historical data (2012–2025) · Energy · Oil & Gas Drilling
EV/EBITDA
↑
8.99
↑+31% vs avg
5yr avg: 6.84
30Y Low5.0·High7.9
P/FCF
N/A
—
5yr avg: 18.81
30Y Low18.8·High18.8
P/B Ratio
↓
0.87
-10% vs avg
5yr avg: 0.96
30Y Low0.8·High1.2
ROE
↓
-2.7%
↑-104% vs avg
5yr avg: 63.7%
30Y Low-89%·High230%
Debt/EBITDA
↓
1.99
↑+20% vs avg
5yr avg: 1.66
30Y Low1.1·High48.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
SDRL Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Seadrill Limited currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.5B | $2.1B | $2.8B | $3.5B | $1.6B | — | — | — | — | — | — |
| Enterprise Value | $2.8B | $2.4B | $2.9B | $3.4B | $1.7B | — | — | — | — | — | — |
| P/E Ratio → | -32.17 | — | 6.11 | 11.67 | 0.45 | — | — | — | — | — | — |
| P/S Ratio | 1.74 | 1.50 | 2.00 | 2.38 | 1.74 | — | — | — | — | — | — |
| P/B Ratio | 0.87 | 0.75 | 0.95 | 1.17 | 0.96 | — | — | — | — | — | — |
| P/FCF | — | — | — | 18.81 | — | — | — | — | — | — | — |
| P/OCF | — | — | 31.41 | 12.19 | 181.33 | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
SDRL EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Seadrill Limited's enterprise value stands at 9.0x EBITDA, 31% above its 5-year average of 6.8x. The Energy sector median is 7.9x, placing the stock at a 14% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.69 | 2.10 | 2.32 | 1.78 | — | — | — | — | — | — |
| EV / EBITDA | 8.99 | 7.87 | 5.01 | 7.05 | 7.46 | — | — | — | — | — | — |
| EV / EBIT | 39.55 | 242.26 | 7.37 | 10.06 | 23.19 | — | — | — | — | — | — |
| EV / FCF | — | — | — | 18.34 | — | — | — | — | — | — | — |
SDRL Profitability
Margins and return-on-capital ratios measuring operating efficiency
Seadrill Limited earns an operating margin of 4.9%, below the Energy sector average of 13.8%. Operating margins have compressed from 22.4% to 4.9% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -2.7% indicates the company is currently destroying shareholder equity. ROIC of 1.7% represents below-average returns on invested capital versus a sector median of 6.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 12.0% | 12.0% | 21.2% | 38.4% | 30.0% | -4.2% | -33.6% | -17.2% | 32.4% | 60.4% | 65.8% |
| Operating Margin | 4.9% | 4.9% | 29.7% | 22.4% | 7.7% | -17.2% | -466.3% | -21.3% | -30.5% | 6.8% | 31.5% |
| Net Profit Margin | -5.4% | -5.4% | 32.2% | 20.4% | 417.4% | -64.7% | -484.8% | -87.8% | -379.3% | -148.7% | -6.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -2.7% | -2.7% | 15.1% | 12.8% | 229.6% | — | — | -50.1% | -89.4% | -34.9% | -1.8% |
| ROA | -1.9% | -1.9% | 10.7% | 8.5% | 116.7% | -14.9% | -70.4% | -12.1% | -31.1% | -15.0% | -0.8% |
| ROIC | 1.7% | 1.7% | 10.4% | 10.6% | 3.1% | — | -70.4% | -2.8% | -2.3% | 0.6% | 3.6% |
| ROCE | 1.9% | 1.9% | 11.0% | 10.6% | 2.9% | -6.2% | -151.3% | -3.1% | -2.6% | 0.8% | 5.1% |
SDRL Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Seadrill Limited carries a Debt/EBITDA ratio of 2.0x, which is manageable (24% below the sector average of 2.6x). Net debt stands at $274M ($613M total debt minus $339M cash). Interest coverage of just 0.2x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.21 | 0.21 | 0.21 | 0.20 | 0.30 | — | — | 3.56 | 2.32 | 1.30 | 1.00 |
| Debt / EBITDA | 1.99 | 1.99 | 1.07 | 1.26 | 2.31 | — | — | 48.75 | 23.47 | 10.13 | 6.00 |
| Net Debt / Equity | — | 0.10 | 0.05 | -0.03 | 0.02 | — | — | 2.96 | 1.82 | 1.11 | 0.87 |
| Net Debt / EBITDA | 0.89 | 0.89 | 0.24 | -0.18 | 0.17 | — | — | 40.45 | 18.40 | 8.72 | 5.18 |
| Debt / FCF | — | — | — | -0.47 | — | — | — | — | — | 25.27 | 8.31 |
| Interest Coverage | 0.16 | 0.16 | 6.46 | 5.75 | 0.79 | -4.25 | -10.13 | -0.81 | -1.50 | 0.64 | 2.26 |
SDRL Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Seadrill Limited's current ratio of 2.03x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 2.98x to 2.03x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.03 | 2.03 | 1.85 | 2.98 | 2.12 | 1.44 | 0.16 | 2.30 | 5.96 | 2.62 | 0.61 |
| Quick Ratio | 2.03 | 2.03 | 1.85 | 2.98 | 2.12 | 1.44 | 0.16 | 2.30 | 5.96 | 2.62 | 0.61 |
| Cash Ratio | 0.91 | 0.91 | 0.95 | 1.79 | 1.19 | 0.21 | 0.08 | 1.41 | 3.45 | 1.61 | 0.31 |
| Asset Turnover | — | 0.36 | 0.33 | 0.35 | 0.33 | 0.23 | 0.24 | 0.15 | 0.11 | 0.11 | 0.14 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 41.15 | 65.36 | 73.99 | 63.95 | 74.85 | 79.76 | 75.73 | 119.20 | 94.76 | 59.38 |
SDRL Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Seadrill Limited does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 16.4% | 8.6% | 224.6% | — | — | — | — | — | — |
| FCF Yield | — | — | — | 5.3% | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 19.2% | 7.5% | 0.0% | — | — | — | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 19.2% | 7.5% | 0.0% | — | — | — | — | — | — |
| Shares Outstanding | — | $62M | $71M | $74M | $50M | $100M | $100M | $100M | $301M | $505M | $501M |
Peer Comparison
Compare SDRL with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 SDRLYou | $2B | -32.2 | 9.0 | — | 12.0% | 4.9% | -2.7% | 1.7% | 2.0 |
 RIG | $5B | -1.8 | 7.0 | 7.8 | 83.4% | 17.8% | -31.7% | 3.6% | 4.1 |
 VAL | $6B | 5.8 | 9.5 | 27.3 | 25.0% | 20.9% | 36.3% | 10.9% | 1.9 |
 NE | $7B | 31.4 | 7.5 | 15.6 | 19.7% | 15.7% | 4.7% | 6.2% | 1.8 |
 PD | $752M | 4.4 | 48.9 | 6.7 | 84.9% | 1.2% | 83.0% | 1.2% | 21.8 |
 NBR | $1B | 5.0 | 3.3 | — | 19.5% | 8.3% | 18.8% | 6.2% | 2.8 |
 HP | $4B | -21.4 | 6.6 | 30.4 | 14.8% | 6.2% | -5.7% | 3.7% | 2.7 |
 BORR | $1B | 25.5 | 6.2 | 8.9 | 36.5% | 31.5% | 4.1% | 8.0% | 4.6 |
 SLB | $72B | 20.4 | 11.0 | 15.0 | 18.2% | 15.3% | 13.5% | 12.1% | 1.7 |
 HAL | $29B | 23.4 | 10.4 | 17.6 | 15.7% | 10.2% | 12.2% | 10.2% | 2.4 |
 BKR | $59B | 22.8 | 13.1 | 23.1 | 23.6% | 12.8% | 14.4% | 12.7% | 1.5 |
| Energy Median | — | 15.6 | 7.9 | 13.9 | 33.7% | 13.8% | 7.2% | 6.2% | 2.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 14 years · Updated daily
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SDRL — Frequently Asked Questions
Quick answers to the most common questions about buying SDRL stock.
What is Seadrill Limited's P/E ratio?
Seadrill Limited's current P/E ratio is -32.2x. The historical average is 6.1x.
What is Seadrill Limited's EV/EBITDA?
Seadrill Limited's current EV/EBITDA is 9.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.8x.
What is Seadrill Limited's ROE?
Seadrill Limited's return on equity (ROE) is -2.7%. The historical average is 14.2%.
Is SDRL stock overvalued?
Based on historical data, Seadrill Limited is trading at a P/E of -32.2x. Compare with industry peers and growth rates for a complete picture.
What are Seadrill Limited's profit margins?
Seadrill Limited has 12.0% gross margin and 4.9% operating margin.
How much debt does Seadrill Limited have?
Seadrill Limited's Debt/EBITDA ratio is 2.0x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.