Transocean Profit Margin 2010-2023 | RIG
Current and historical gross margin, operating margin and net profit margin for Transocean (RIG) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Transocean net profit margin as of December 31, 2023 is -33.69%.
| Transocean Annual Profit Margins |
| Transocean Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - Drilling |
$4.811B |
$2.832B |
|
Transocean, Inc. is the world's largest offshore drilling contractor and leading provider of drilling management services. The company provide rigs on a contractual basis to explore and develop oil and gas. Transocean offers offshore drilling rigs, equipment, services and manpower to exploration and production companies world wide. Its fleet can be broadly divided into two distinct groups based on drilling capabilities: ultra-deepwater floaters and harsh environment floaters. Transocean's fleet is considered one of the most modern and versatile in the world due to its emphasis on technically demanding segments of the offshore drilling business. Transocean acquired Norway-based drilling contractor Songa Offshore and snapped up smaller rival Ocean Rig UDW.
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