Seadrill Ltd. (SDRL) intrinsic value & 10-year financials
Seadrill Ltd. (SDRL) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 6.7% a year to $1.1B, with an average return on invested capital of -9.5%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $47.25
- Market cap
- $3.1B
- Revenue (FY2025)
- $1.1B
- Revenue growth (10-yr CAGR)
- -6.7%
- ROIC (10-yr avg)
- -9.5%
- Free cash flow (FY2025)
- —
SDRL 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $1.1B | -$77.0M | — | — | 4.3% | 1.5% |
| FY2024 | $1.0B | $446.0M | $6.37 | — | 40.8% | 13.8% |
| FY2023 | $1.2B | $300.0M | $4.12 | — | 28.5% | 13.4% |
| FY2022 | $9.0M | — | — | — | — | — |
| FY2021 | $764.0M | -$587.0M | -$5.85 | -$247.0M | -20.5% | 15.6% |
| FY2020 | $703.0M | -$4.7B | -$46.43 | -$568.0M | -637.6% | -97.6% |
| FY2019 | $997.0M | -$1.2B | -$12.18 | -$418.0M | -29.6% | -3.7% |
| FY2018 | — | — | — | — | — | — |
| FY2017 | $1.9B | -$3.0B | -$5.89 | $249.0M | -38.6% | — |
| FY2016 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Seadrill Ltd revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Seadrill Ltd has historically struggled to out-earn its cost of capital, averaging just -9.5% ROIC.
Seadrill Ltd capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Seadrill Ltd is modeled at -6.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-26.38 per share.