Seadrill Limited (SDRL) Key Metrics
SDRL valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $2.96B
- Enterprise value
- $3.32B
- P/E (TTM)
- — 10-yr median 6.2
- Forward P/E
- 14.1
- PEG ratio
- —
- Price / sales
- 2.0 10-yr median 1.9
- Price / book
- 1.0 10-yr median 1.0
- EV / EBITDA
- 9.5 10-yr median 6.0
- Dividend yield
- —
- Beta
- 1.40
SDRL key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsSDRL valuation Price multiples at each fiscal year-end price.
Price / sales−25.1%
1.5
2025 · hover or tap a bar for each year
20162025
Price / book−20.6%
0.8
2025 · hover or tap a bar for each year
20162025
EV / EBITDA+89.0%
9.8
2025 · hover or tap a bar for each year
20162025
Free cash flow yield−3.9 pts
−6.4%
2025 · hover or tap a bar for each year
20162025
SDRL returns How much profit the business earns on the capital it uses.
Return on equity−17.8 pts
−2.7%
2025 · hover or tap a bar for each year
20162025
Return on invested capital−12.1 pts
1.8%
2025 · hover or tap a bar for each year
20162025
Return on assets−12.6 pts
−1.9%
2025 · hover or tap a bar for each year
20162025
Free cash flow margin−4.6 pts
−9.6%
2025 · hover or tap a bar for each year
20162025
Asset turnover+7.2%
0.35
2025 · hover or tap a bar for each year
20162025
SDRL per-share figures Results divided by the shares outstanding at year-end.
Revenue per share+18.6%
$23.14
2025 · hover or tap a bar for each year
20162025
Earnings per share
−$1.24
2025 · hover or tap a bar for each year
20162025
Free cash flow per share
−$2.22
2025 · hover or tap a bar for each year
20162025
Book value per share+12.0%
$46.02
2025 · hover or tap a bar for each year
20162025
Shares outstanding−12.5%
62.1M
2025 · hover or tap a bar for each year
20162025
SDRL financial health Debt, liquidity and how easily interest is covered.
Debt / equity+1.3%
0.21
2025 · hover or tap a bar for each year
20162025
Net debt+$134.0M
$274.0M
2025 · hover or tap a bar for each year
20162025
Net debt / EBITDA+0.86
1.10
2025 · hover or tap a bar for each year
20162025
Current ratio+9.4%
2.03
2025 · hover or tap a bar for each year
20162025
Interest coverage−83.0%
1.1
2025 · hover or tap a bar for each year
20162025
Debt / assets+4.4%
0.16
2025 · hover or tap a bar for each year
20162025
SDRL efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding−20 days
52 days
2025 · hover or tap a bar for each year
20162025
Days payables outstanding−3 days
26 days
2025 · hover or tap a bar for each year
20162025
Cash conversion cycle−17 days
26 days
2025 · hover or tap a bar for each year
20162025
Capex / revenue−3.7 pts
7.7%
2025 · hover or tap a bar for each year
20162025
SDRL valuation history
Fiscal year-endToday10-year median
SDRL returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SDRL debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SDRL cash returned to shareholders
DividendsBuybacksFree cash flow
SDRL price vs earnings per share
Share price at year-endEPS (right axis)
SDRL key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $2.15B | $2.76B | $3.50B | $1.63B | — | — | — | — | — | — |
| Enterprise value | $2.42B | $2.90B | $3.41B | $1.67B | — | — | — | — | — | — |
| P/E ratio | — | 6.2 | 11.7 | 0.4 | — | — | — | — | — | — |
| Price / sales | 1.5 | 2.0 | 2.4 | 1.7 | — | — | — | — | — | — |
| Price / book | 0.8 | 0.9 | 1.2 | 1.0 | — | — | — | — | — | — |
| Price / free cash flow | — | — | 18.8 | — | — | — | — | — | — | — |
| Price / operating cash flow | — | 31.4 | 12.2 | 181.3 | — | — | — | — | — | — |
| EV / sales | 1.7 | 2.1 | 2.3 | 1.8 | — | — | — | — | — | — |
| EV / EBITDA | 9.8 | 5.2 | 6.9 | 0.4 | — | — | — | — | — | — |
| EV / free cash flow | — | — | 18.3 | — | — | — | — | — | — | — |
| Earnings yield | −3.6% | 16.1% | 8.6% | 239.4% | — | — | — | — | — | — |
| Free cash flow yield | −6.4% | −2.5% | 5.3% | −8.6% | — | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 0.0% | 19.2% | 7.5% | — | — | — | — | — | — | — |
| Share price at fiscal year-end | $34.60 | $38.93 | $47.28 | $32.64 | — | — | — | — | — | — |
| Per share | ||||||||||
| Revenue per share | $23.14 | $19.51 | $19.86 | $18.72 | $9.07 | $9.61 | $13.88 | $3.92 | — | — |
| Earnings per share | −$1.24 | $6.28 | $4.05 | $78.14 | −$5.87 | −$46.59 | −$12.19 | −$14.87 | — | — |
| Operating cash flow per share | −$0.45 | $1.24 | $3.88 | $0.18 | −$1.54 | −$4.20 | −$2.56 | −$0.79 | — | — |
| Free cash flow per share | −$2.22 | −$0.97 | $2.51 | −$2.80 | −$1.83 | −$4.47 | −$3.04 | −$1.04 | — | — |
| Cash per share | $5.46 | $6.73 | $9.42 | $9.60 | $2.93 | $4.91 | $10.87 | $5.30 | — | — |
| Book value per share | $46.02 | $41.10 | $40.31 | $34.04 | −$37.16 | −$31.40 | $16.42 | $9.56 | — | — |
| Tangible book value per share | $46.02 | $41.10 | $40.31 | $33.80 | −$37.16 | −$33.35 | $16.42 | $9.56 | — | — |
| Capex per share | $1.77 | $2.21 | $1.36 | $2.98 | $0.29 | $0.27 | $0.48 | $0.25 | — | — |
| Debt per share | $9.87 | $8.70 | $8.24 | $10.36 | $9.08 | $60.88 | $63.86 | $23.67 | — | — |
| Shares outstanding | 62.1M | 71.0M | 74.0M | 50.0M | 100.0M | 100.0M | 100.0M | 301.4M | — | — |
| Change in shares outstanding | −12.5% | −4.1% | +48.0% | −50.0% | 0.0% | 0.0% | −66.8% | — | — | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −2.7% | 15.1% | 12.8% | — | — | — | −53.9% | −94.9% | −37.0% | −1.9% |
| Return on invested capital (ROIC) | 1.8% | 13.8% | 13.4% | — | — | −75.3% | −3.0% | −2.5% | 0.7% | 2.5% |
| Return on assets (ROA) | −1.9% | 10.7% | 8.5% | 116.7% | −14.9% | −70.4% | −12.1% | −31.1% | −15.0% | −0.8% |
| Return on tangible assets | −2.0% | 10.7% | 7.1% | 140.1% | −15.1% | −123.7% | −13.1% | −41.3% | −16.5% | −0.8% |
| Free cash flow margin | −9.6% | −5.0% | 12.7% | −15.0% | −20.2% | −46.5% | −21.9% | −26.6% | 15.4% | 35.3% |
| Income quality (OCF / net income) | — | 0.20 | 0.96 | 0.00 | — | — | — | — | — | — |
| Financial health | ||||||||||
| Total debt | $613.0M | $618.0M | $610.0M | $518.0M | $908.0M | $6.09B | $6.39B | $7.14B | $9.01B | $10.08B |
| Cash & short-term investments | $339.0M | $478.0M | $697.0M | $480.0M | $293.0M | $491.0M | $1.09B | $1.60B | $1.38B | $1.48B |
| Net debt | $274.0M | $140.0M | −$87.0M | $38.0M | $615.0M | $5.60B | $5.30B | $5.54B | $7.63B | $8.60B |
| Debt / equity | 0.21 | 0.21 | 0.20 | 0.30 | — | — | 3.89 | 2.48 | 1.37 | 1.06 |
| Debt / assets | 0.16 | 0.15 | 0.14 | 0.18 | 0.23 | 1.54 | 0.69 | 0.66 | 0.50 | 0.47 |
| Net debt / EBITDA | 1.10 | 0.25 | −0.18 | 0.01 | — | — | 60.91 | 18.21 | 8.58 | 5.12 |
| Current ratio | 2.03 | 1.85 | 2.98 | 2.12 | 1.44 | 0.16 | 2.30 | 5.96 | 2.62 | 0.61 |
| Quick ratio | 2.03 | 1.85 | 3.08 | 2.01 | 1.34 | 0.14 | 1.84 | 5.96 | 2.62 | 0.61 |
| Interest coverage | 1.1 | 6.8 | 5.6 | 0.7 | -1.4 | -11.3 | -0.7 | -1.5 | 0.6 | 2.3 |
| Working capital | $384.0M | $427.0M | $769.0M | $453.0M | $608.0M | −$5.48B | $1.00B | $2.30B | $1.39B | −$1.84B |
| Invested capital | $3.13B | $3.06B | $2.90B | $1.74B | −$3.10B | $2.46B | $6.94B | $8.42B | $14.19B | $18.12B |
| Tangible asset value | $2.86B | $2.92B | $2.98B | $1.69B | −$3.72B | −$3.33B | $1.79B | $3.07B | $6.96B | $10.06B |
| Net current asset value | −$331.0M | −$310.0M | −$77.0M | −$242.0M | −$5.63B | −$6.04B | −$5.71B | −$5.01B | −$8.77B | −$8.72B |
| Graham number | — | $76.22 | $60.64 | $244.64 | — | — | — | — | — | — |
| Graham net-net per share | −$10.12 | −$8.08 | −$4.53 | −$9.48 | −$71.11 | −$63.64 | −$60.05 | −$19.53 | — | — |
| Capital allocation | ||||||||||
| Share buybacks (net) | $0 | $532.0M | $263.0M | — | $0 | — | — | $0 | — | $11.0M |
| Dividends + buybacks / free cash flow | — | — | 141.4% | — | — | — | — | — | — | 1.0% |
| Capex / revenue | 7.7% | 11.3% | 6.9% | 15.9% | 3.2% | 2.8% | 3.5% | 6.4% | 4.6% | 4.6% |
| Capex / operating cash flow | — | 178.4% | 35.2% | 1,655.6% | — | — | — | — | 23.1% | 11.5% |
| Capex / depreciation | 0.46 | 0.93 | 0.65 | 0.98 | 0.23 | 0.08 | 0.11 | 0.11 | 0.12 | 0.18 |
| Stock-based compensation / revenue | 1.4% | 1.2% | 0.8% | −29.7% | 0.3% | 0.8% | 0.4% | 0.3% | 0.4% | 0.3% |
| SG&A / revenue | 7.2% | 7.7% | 5.0% | — | 9.6% | 8.9% | 6.8% | 23.4% | — | 7.9% |
| Efficiency | ||||||||||
| Days sales outstanding | 52.1 | 71.9 | 57.4 | 68.2 | 79.7 | 94.6 | 88.6 | 139.7 | 91.5 | 76.8 |
| Days of inventory on hand | — | — | 0.6 | 51.3 | 61.2 | 75.6 | 79.6 | — | — | — |
| Days payables outstanding | 25.8 | 28.6 | 26.0 | 35.9 | 18.9 | 18.6 | 23.2 | 46.4 | 40.3 | 42.1 |
| Cash conversion cycle (days) | 26.2 | 43.4 | 31.9 | 83.6 | 122.0 | 151.6 | 145.0 | 93.4 | 51.2 | 34.7 |
| Receivables turnover | 7.01 | 5.07 | 6.36 | 5.35 | 4.58 | 3.86 | 4.12 | 2.61 | 3.99 | 4.75 |
| Payables turnover | 14.12 | 12.77 | 14.03 | 10.16 | 19.29 | 19.60 | 15.72 | 7.87 | 9.05 | 8.68 |
| Inventory turnover | — | — | — | 7.12 | 5.96 | 4.83 | 4.58 | — | — | — |
| Asset turnover | 0.35 | 0.33 | 0.42 | 0.28 | 0.23 | 0.15 | 0.14 | 0.08 | 0.10 | 0.13 |
| Average receivables | $205.0M | $273.0M | $231.0M | $175.0M | $198.0M | $249.0M | $337.0M | $452.5M | $501.0M | $624.5M |
| Average payables | $89.5M | $85.5M | $64.5M | $64.5M | $49.0M | $65.5M | $103.5M | $101.5M | $87.5M | $117.0M |
| Average inventory | — | — | $1.5M | $92.0M | $158.5M | $266.0M | $355.0M | — | — | — |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.4% | 0.0% | 4.9% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from SDRL's annual financial statements (latest annual report filed February 26, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
SDRL valuation and financial ratios
Seadrill earned a return on equity of −2.7% and a return on invested capital of 1.8% in fiscal 2025. It ended the year with $613.0 million of debt and $339.0 million in cash and short-term investments, net debt of $274.0 million.
See the SDRL income statement, the SDRL chart for price history, or the SDRL stock overview for the latest quote and news.
SDRL key metrics FAQ
What is Seadrill's EV/EBITDA?
Seadrill's enterprise value was 9.8 times EBITDA at the end of fiscal 2025 (enterprise value $2.4 billion, EBITDA $248.0 million); the current EV/EBITDA is 9.5.
What is Seadrill's return on equity?
Seadrill's return on equity (ROE) was −2.7% in fiscal 2025: net income of -$77.0 million on average shareholders' equity of $2.9 billion.
What is Seadrill's ROIC?
Seadrill's return on invested capital was 1.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Seadrill have?
Seadrill had total debt of $613.0 million at the end of fiscal 2025, a debt-to-equity ratio of 0.21 and $274.0 million of net debt (1.10 times EBITDA).
What is Seadrill's free cash flow yield?
Seadrill generated -$138.0 million of free cash flow in fiscal 2025, a free cash flow yield of −6.4% on its market value at year-end ($2.1 billion).
What is Seadrill's current ratio?
Seadrill's current ratio was 2.03 at the end of fiscal 2025: current assets were 2.03 times current liabilities.