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Seadrill Ltd (SDRL) Fundamental Analysis & AI Grade 2026

SDRL NYSE Drilling Oil & Gas Wells CIK: 0001737706
Updated This Month • Analysis: May 13, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
78% Confidence
N/A
C
78% Conf
Pending
Analysis scheduled

📊 SDRL Key Takeaways

Revenue: $358.0M
Net Margin: -2.0%
Free Cash Flow: $-22.0M
Current Ratio: 1.94x
Debt/Equity: 0.22x
EPS: $-0.11
AI Grade: C with 78% confidence
Seadrill Ltd (SDRL) receives a C fundamental grade with 78% confidence from our AI analysis based on SEC 10-K filings. With revenue of $358.0M, net profit margin of -2.0%, and return on equity (ROE) of -0.2%, Seadrill Ltd demonstrates mixed fundamentals in the Energy sector. Below is our complete SDRL stock analysis for 2026.

Is Seadrill Ltd (SDRL) a Good Investment?

Claude

Seadrill faces critical operational cash flow challenges despite 32% revenue growth, burning $22M in cash from operations with interest coverage of 0.4x indicating severe debt servicing stress. The disconnect between positive operating income and negative operating cash flow, combined with persistent net losses and unsustainable cash burn, suggests the company cannot sustain current operations without balance sheet deterioration.

Seadrill Ltd Key Strengths (SDRL)

Claude
  • + Strong revenue growth of 32% YoY indicates market demand recovery in oil & gas drilling sector
  • + Moderate leverage with Debt/Equity ratio of 0.22x provides some financial flexibility
  • + Adequate short-term liquidity with 1.94x current ratio and $304M cash position

SDRL Stock Risks: Seadrill Ltd Investment Risks

Claude
  • ! Critical operating cash flow negative at -$22M despite positive operating income; indicates severe working capital or operational efficiency issues
  • ! Interest coverage ratio of 0.4x is dangerously low, meaning operating income cannot cover debt service obligations
  • ! Persistent unprofitability with -$7M net income and -2.0% net margin despite revenue growth signals structural profitability problems
  • ! Negative free cash flow of -$22M is unsustainable and will erode cash reserves if not reversed
  • ! Thin 6.7% operating margin leaves no buffer for sector downturns or operational challenges

Key Metrics to Watch

Claude
  • * Operating cash flow trend and working capital dynamics (accounts receivable collection, payables management)
  • * Interest coverage ratio improvement towards 1.5x+ minimum threshold
  • * Net margin progression toward breakeven and profitability
  • * Cash burn rate and runway until potential liquidity constraint

Seadrill Ltd (SDRL) Financial Metrics & Key Ratios

Revenue
$358.0M
Net Income
$-7.0M
EPS (Diluted)
$-0.11
Free Cash Flow
$-22.0M
Total Assets
$4.0B
Cash Position
$304.0M

💡 AI Analyst Insight

Seadrill Ltd presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

SDRL Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 6.7%
Net Margin -2.0%
ROE -0.2%
ROA -0.2%
FCF Margin -6.1%

SDRL vs Energy Sector: How Seadrill Ltd Compares

How Seadrill Ltd compares to Energy sector averages

Net Margin
SDRL -2.0%
vs
Sector Avg 12.0%
SDRL Sector
ROE
SDRL -0.2%
vs
Sector Avg 14.0%
SDRL Sector
Current Ratio
SDRL 1.9x
vs
Sector Avg 1.3x
SDRL Sector
Debt/Equity
SDRL 0.2x
vs
Sector Avg 0.6x
SDRL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Seadrill Ltd Stock Overvalued? SDRL Valuation Analysis 2026

Based on fundamental analysis, Seadrill Ltd has mixed fundamental signals relative to the Energy sector in 2026.

Return on Equity
-0.2%
Sector avg: 14%
Net Profit Margin
-2.0%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.22x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Seadrill Ltd Balance Sheet: SDRL Debt, Cash & Liquidity

Current Ratio
1.94x
Quick Ratio
1.94x
Debt/Equity
0.22x
Debt/Assets
0.0%
Interest Coverage
0.39x
Long-term Debt
$614.0M

SDRL Revenue & Earnings Growth: 5-Year Financial Trend

SDRL 5-year financial data: Year 2024: Revenue $1.2B, Net Income N/A, EPS $36.92. Year 2025: Revenue $1.2B, Net Income $300.0M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Seadrill Ltd's revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $36.92 reflects profitable operations.

SDRL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-6.1%
Free cash flow / Revenue

SDRL Quarterly Earnings & Performance

Quarterly financial performance data for Seadrill Ltd including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $248.0M -$7.0M $-0.11
Q3 2025 $263.0M -$11.0M $-0.17
Q2 2025 $267.0M -$14.0M $-0.68
Q1 2025 $248.0M N/A $-0.23

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Seadrill Ltd Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$22.0M
Cash generated from operations
Dividends
None
No dividend program

SDRL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Seadrill Ltd (CIK: 0001737706)

📋 Recent SEC Filings

Date Form Document Action
May 18, 2026 4 xslF345X06/ownership.xml View →
May 18, 2026 4 xslF345X06/ownership.xml View →
May 18, 2026 4 xslF345X06/ownership.xml View →
May 18, 2026 4 xslF345X06/ownership.xml View →
May 18, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about SDRL

What is the AI rating for SDRL?

Seadrill Ltd (SDRL) has an AI grade of C with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SDRL's key strengths?

Claude: Strong revenue growth of 32% YoY indicates market demand recovery in oil & gas drilling sector. Moderate leverage with Debt/Equity ratio of 0.22x provides some financial flexibility.

What are the risks of investing in SDRL?

Claude: Critical operating cash flow negative at -$22M despite positive operating income; indicates severe working capital or operational efficiency issues. Interest coverage ratio of 0.4x is dangerously low, meaning operating income cannot cover debt service obligations.

What is SDRL's revenue and growth?

Seadrill Ltd reported revenue of $358.0M.

Does SDRL pay dividends?

Seadrill Ltd does not currently pay dividends.

Where can I find SDRL SEC filings?

Official SEC filings for Seadrill Ltd (CIK: 0001737706) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SDRL's EPS?

Seadrill Ltd has a diluted EPS of $-0.11.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is SDRL's fundamental grade?

Based on our AI fundamental analysis in May 2026, Seadrill Ltd has a C grade with 78% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is SDRL stock overvalued or undervalued?

Valuation metrics for SDRL: ROE of -0.2% (sector avg: 14%), net margin of -2.0% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

What is SDRL's AI grade for 2026?

Our dual AI analysis gives Seadrill Ltd a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is SDRL's free cash flow?

Seadrill Ltd's operating cash flow is $-22.0M, with capital expenditures of N/A. FCF margin is -6.1%.

How does SDRL compare to other Energy stocks?

Vs Energy sector averages: Net margin -2.0% (avg: 12%), ROE -0.2% (avg: 14%), current ratio 1.94 (avg: 1.3).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 13, 2026 | Data as of: 2026-03-31 | Powered by Claude AI