Seadrill annual debt-to-equity ratio
2017
2018
2019
2022
2023
2024
2025
Seadrill Debt-to-Equity Ratio Growth & History (SDRL)
Seadrill's debt-to-equity ratio was 0.22 for fiscal 2025.
View full Seadrill company overviewSeadrill annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.22 | 0.01 | +4.07% |
| 2024 | 2024-12-31 | 0.21 | 0.01 | +3.73% |
| 2023 | 2023-12-31 | 0.21 | −0.10 | −33.74% |
| 2022 | 2022-12-31 | 0.31 | — | — |
| 2019 | 2019-12-31 | 4.06 | 1.66 | +69.10% |
| 2018 | 2018-12-31 | 2.40 | 2.25 | +1479.53% |
| 2017 | 2017-12-31 | 0.15 | — | — |
Seadrill quarterly debt-to-equity ratio
Q2.18
Q4.18
Q2.19
Q4.19
Q2.22
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.26 | 0.05 | +22.11% |
| Q1 2026 | 2026-03-31 | 0.22 | 0.01 | +4.14% |
| Q4 2025 | 2025-12-31 | 0.22 | 0.01 | +4.07% |
| Q3 2025 | 2025-09-30 | 0.22 | — | — |
| Q2 2025 | 2025-06-30 | 0.22 | 0.02 | +8.30% |
| Q1 2025 | 2025-03-31 | 0.21 | — | — |
| Q4 2024 | 2024-12-31 | 0.21 | 0.01 | +3.73% |
| Q2 2024 | 2024-06-30 | 0.20 | 0.08 | +69.33% |
| Q4 2023 | 2023-12-31 | 0.21 | −0.10 | −33.74% |
| Q2 2023 | 2023-06-30 | 0.12 | −0.57 | −82.79% |
| Q4 2022 | 2022-12-31 | 0.31 | — | — |
| Q2 2022 | 2022-06-30 | 0.68 | — | — |
| Q4 2019 | 2019-12-31 | 4.06 | 1.66 | +69.10% |
| Q2 2019 | 2019-06-30 | 2.78 | 2.63 | +1714.98% |
| Q4 2018 | 2018-12-31 | 2.40 | — | — |
| Q2 2018 · Jun 30 | 2018-06-30 | 0.15 | — | — |
Seadrill debt-to-equity ratio trends
Between the periods ended 2017-12-31 and 2025-12-31, Seadrill's debt-to-equity ratio increased from 0.15 to 0.22, a change of 0.07. The latest reported quarter, Q2 2026, shows 0.26.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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