Seadrill annual free cash flow
2017
2019
2020
2021
2022
2023
2024
2025
Seadrill Free Cash Flow (FCF) History (SDRL)
Seadrill reported −$138.0M in free cash flow for fiscal 2025, a decrease of $69.0M from the previous fiscal year, with a free cash flow margin of −12.67%.
View full Seadrill company overviewSeadrill free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$138.0M | −$69.0M | — | −12.67% |
| 2024 | 2024-12-31 | −$69.0M | −$255.0M | — | −6.84% |
| 2023 | 2023-12-31 | $186.0M | $335.0M | — | +16.12% |
| 2022 | 2022-12-31 | −$149.0M | $89.0M | — | −25.96% |
| 2021 | 2021-12-31 | −$238.0M | $319.0M | — | −35.90% |
| 2020 | 2020-12-31 | −$557.0M | −$139.0M | — | −92.07% |
| 2019 | 2019-12-31 | −$418.0M | −$667.0M | — | −41.93% |
| 2017 | 2017-12-31 | $249.0M | — | — | +13.19% |
Seadrill quarterly free cash flow
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$43.0M | −$31.0M | — | −12.11% |
| Q1 2026 | 2026-03-31 | −$35.0M | $37.0M | — | −12.64% |
| Q4 2025 | 2025-12-31 | −$63.0M | −$32.0M | — | −23.08% |
| Q3 2025 | 2025-09-30 | $9.0M | $89.0M | — | +3.21% |
| Q2 2025 | 2025-06-30 | −$12.0M | −$48.0M | — | −4.17% |
| Q1 2025 | 2025-03-31 | −$72.0M | −$78.0M | — | −29.03% |
| Q4 2024 | 2024-12-31 | −$31.0M | — | — | −15.20% |
| Q3 2024 | 2024-09-30 | −$80.0M | — | — | −30.42% |
| Q2 2024 | 2024-06-30 | $36.0M | — | — | +13.48% |
| Q1 2024 | 2024-03-31 | $6.0M | — | — | +2.18% |
Seadrill free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from −$557.0M to −$138.0M, a net increase of $419.0M. Seadrill's latest reported quarter, Q2 2026, generated −$43.0M in free cash flow, a decrease of $31.0M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Seadrill filings at SEC.gov ↗