Seadrill Limited balance sheet SDRL

Annual Quarterly

As of Sep 30, 2026, Seadrill Limited had total assets of $4.2 billion. Total assets were up 2.1% from a year earlier. Stockholders' equity was $2.8 billion. It held $483.0 million in cash and investments against $759.0 million of total debt, net debt of $276.0 million. The current ratio, current assets divided by current liabilities, was 2.18.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line	FY 2026 Sep 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018
Assets
Cash	483 +20.1%	339 -29.1%	478 -31.4%	697 +45.2%	480 +63.8%	293 -40.3%	491 +1.2%	485 -68.5%	1,542
Short-term investments	—	—	—	—	—	—	8 -27.3%	11 -80.7%	57
Cash and investments	483 +20.1%	339 -29.1%	478 -31.4%	697 +45.2%	480 +63.8%	293 -41.3%	499 +0.6%	496 -69.0%	1,599
Receivables	239 +33.5%	162	—	222 +62.0%	137 -13.3%	158 +26.4%	125 -27.7%	173 -16.8%	208
Total current assets	1,006 +21.2%	758 -18.3%	928 -19.9%	1,158 +35.1%	857 -56.7%	1,981 +86.5%	1,062 -40.1%	1,773 -35.9%	2,767
Property and equipment, net	—	—	—	—	—	—	—	—	6,659
Total assets	4,152 +2.1%	3,947 -5.0%	4,156 -1.5%	4,218 +50.6%	2,801 -28.1%	3,897 -1.6%	3,961 -57.3%	9,279 -14.5%	10,848
Liabilities and equity
Accounts payable	82 +13.9%	61 -48.3%	118 +122.6%	53 -30.3%	76 +43.4%	53 +17.8%	45 -47.7%	86 +4.9%	82
Total current liabilities	462 +5.2%	374 -25.3%	501 +28.8%	389 -3.7%	404 -67.8%	1,255 -80.8%	6,545 +750.0%	770 +65.9%	464
Stockholders' equity	2,816 -1.7%	2,858 +90.7%	—	—	—	—	-3,140 -291.2%	1,642 -43.0%	2,883
Debt
Debt due within a year	—	—	—	—	22	0 -100.0%	5,662 +1550.7%	343 -52.3%	33
Long-term debt	737 +20.4%	613 +0.5%	610 +0.3%	608 +22.6%	496	—	0 -100.0%	6,280 -8.7%	6,881
Lease liabilities	22 +29.4%	20 +81.8%	11 +175.0%	4 -55.6%	9 -98.3%	538 +691.2%	68 +88.9%	36	—
Total debt	759 +20.7%	633 -34.8%	621 +1.5%	612 +16.1%	527 -2.0%	538 -90.6%	5,730 -14.0%	6,659 -12.4%	6,914
Net cash	-276 -21.6%	-294 +40.4%	-143 -268.2%	85 +280.9%	-47 +80.8%	-245 +95.3%	-5,231 +15.1%	-6,163 -2.7%	-5,315
Ratios
Current ratio	2.18x	2.03x	1.85x	2.98x	2.12x	1.58x	0.16x	2.30x	5.96x
Debt to equity	0.27x	0.22x	—	—	—	—	—	4.06x	2.40x
Debt to EBITDA	1.78x	2.22x	1.07x	1.26x	3.10x	—	—	—	—
Return on equity	-0.64%	-2.69%	—	—	—	—	—	-74.24%	—
Return on assets	-0.43%	-1.95%	—	—	7.18%	-119.55%	—	-13.14%	—
Book value per share	—	—	—	—	—	—	—	—	28.83

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. The first column is the latest balance sheet when it is newer than the latest fiscal year. More on our methodology.

Company profile

Industry: Drilling Oil & Gas Wells (SIC 1381)
Listed as: SDRL (NYSE)
Fiscal year ends: December 31
Headquarters: Hamilton
SEC filer status: Large accelerated filer
SEC CIK: 1737706
Former names: NEW SDRL LTD. (until Jul 2, 2018)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.