Transocean reports its operating margin is negative at -24.2%, its EBITDA margin is negative at -10.5%, and its net margin is negative at -40.2%, alongside a gross margin of 41.6%, an operating margin of -24.2%, an EBITDA margin of -10.5%, and a net margin of -40.2%. Operating margin drove the available margin improvements with a 8.9 percentage-point increase, while net margin declined by 0.6 percentage points.
RIG margin history
Over the last 3 years, Transocean recorded average margins of 36.1% gross, -26.72% operating, -4.05% EBITDA, and -36.93% net. Transocean's current performance shows that gross and operating margins are above their three-year averages and EBITDA and net margins are below their three-year averages.
RIG margin expansion
Compared with the same period last year, gross margin expanded by 3.8 percentage points, operating margin by 8.9 percentage points, and EBITDA margin by 2 percentage points, while net margin contracted by 0.6 percentage points.
RIG Gross margin
Transocean's gross margin averaged 36.1% over the last 3 years. The current gross margin of 41.6% is 5.5 percentage points above its three-year average. Over the last 3 years, Transocean's gross margin peaked at 42.2% in Mar 2026 and reached a low of 28.7% in Mar 2024.
RIG Operating margin
Over the last 3 years, the average operating margin for Transocean was -26.72%. The latest operating margin for Transocean is -24.2%, 2.5 percentage points above its three-year average. Transocean's operating margin ranged from a low of -63.2% in Sep 2025 to a high of -5.8% in Mar 2024.
RIG EBITDA margin
Over the last 3 years, Transocean's EBITDA margin averaged -4.05%. The current EBITDA margin of -10.5% is 6.5 percentage points below its three-year average. During this period, EBITDA margin reached a high of 24.7% in Jun 2024 and a low of -46.5% in Sep 2025.
RIG Net margin
Transocean recorded an average net margin of -36.93% across the last 3 years. Transocean currently reports a net margin of -40.2%, 3.3 percentage points below its three-year average. During this period, net margin reached a high of -11.3% in Jun 2024 and a low of -75.7% in Sep 2025.
RIG margin group comparison
With a gross margin of 41.6%, RIG stands higher than the industry and its peers average but lower than the Energy sector average. But when looking at the Energy sector average of 42.7%, Transocean's gross margin is only 2.6% lower.
RIG margin peer comparison
Frequently asked questions
What is Transocean's gross margin?
For the period ending Jun 30, 2026, RIG recorded a gross margin of 41.6%.
What is Transocean's operating margin?
As of Jun 30, 2026, RIG has a negative operating margin of -24.2%.
What is Transocean's EBITDA margin?
For the period ending Jun 30, 2026, RIG recorded an EBITDA margin of -10.5%.
What is Transocean's net margin?
For the period ending Jun 30, 2026, RIG recorded a net margin of -40.2%.
What are the average margins of RIG?
Across the last 3 years, RIG averaged 36.1% gross, -26.7% operating, -4.1% EBITDA, and -36.9% net.
What are the highest historical margins of RIG?
Transocean's highest recorded margins during the past 5 years were 42.2% gross in Mar 2026, -0.5% operating in Sep 2022, 28.6% EBITDA in Sep 2022, and -11.3% net in Jun 2024.
What are the lowest historical margins of RIG?
Looking back across 5 years, RIG reached its lowest margins at 28.7% gross in Mar 2024, -63.2% operating in Sep 2025, -46.5% EBITDA in Sep 2025, and -75.7% net in Sep 2025.