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Side-by-side financial comparison of Agilent Technologies (A) and Transocean Ltd. (RIG). Click either name above to swap in a different company.

Agilent Technologies is the larger business by last-quarter revenue ($1.8B vs $1.0B, roughly 1.7× Transocean Ltd.). Agilent Technologies runs the higher net margin — 17.0% vs 2.4%, a 14.6% gap on every dollar of revenue. On growth, Transocean Ltd. posted the faster year-over-year revenue change (9.6% vs 7.0%). Transocean Ltd. produced more free cash flow last quarter ($321.0M vs $175.0M). Over the past eight quarters, Transocean Ltd.'s revenue compounded faster (16.9% CAGR vs 6.9%).

Agilent Technologies, Inc. provides application focused solutions to the life sciences, diagnostics, and applied chemical markets worldwide. The Life Sciences and Applied Markets segment offers liquid chromatography systems and components; liquid chromatography mass spectrometry systems; gas chromatography systems and components; gas chromatography mass spectrometry systems; inductively coupled plasma mass spectrometry instruments; atomic absorption instruments; microwave plasma-atomic emissi...

Transocean Ltd. is an American drilling company. It is the world's largest offshore drilling contractor based on revenue and is based in Steinhausen, Switzerland. The company has offices in 20 countries, including Canada, the United States, Norway, United Kingdom, India, Brazil, Singapore, Indonesia, and Malaysia.

A vs RIG — Head-to-Head

Bigger by revenue
A
A
1.7× larger
A
$1.8B
$1.0B
RIG
Growing faster (revenue YoY)
RIG
RIG
+2.6% gap
RIG
9.6%
7.0%
A
Higher net margin
A
A
14.6% more per $
A
17.0%
2.4%
RIG
More free cash flow
RIG
RIG
$146.0M more FCF
RIG
$321.0M
$175.0M
A
Faster 2-yr revenue CAGR
RIG
RIG
Annualised
RIG
16.9%
6.9%
A

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
A
A
RIG
RIG
Revenue
$1.8B
$1.0B
Net Profit
$305.0M
$25.0M
Gross Margin
52.6%
42.0%
Operating Margin
19.6%
23.0%
Net Margin
17.0%
2.4%
Revenue YoY
7.0%
9.6%
Net Profit YoY
-4.1%
257.1%
EPS (diluted)
$1.07
$0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
A
A
RIG
RIG
Q1 26
$1.8B
Q4 25
$1.9B
$1.0B
Q3 25
$1.7B
$1.0B
Q2 25
$1.7B
$988.0M
Q1 25
$1.7B
$906.0M
Q4 24
$1.7B
$952.0M
Q3 24
$1.6B
$948.0M
Q2 24
$1.6B
$861.0M
Net Profit
A
A
RIG
RIG
Q1 26
$305.0M
Q4 25
$434.0M
$25.0M
Q3 25
$336.0M
$-1.9B
Q2 25
$215.0M
$-938.0M
Q1 25
$318.0M
$-79.0M
Q4 24
$351.0M
$7.0M
Q3 24
$282.0M
$-494.0M
Q2 24
$308.0M
$-123.0M
Gross Margin
A
A
RIG
RIG
Q1 26
52.6%
Q4 25
53.2%
42.0%
Q3 25
51.1%
43.2%
Q2 25
51.9%
39.4%
Q1 25
53.5%
31.8%
Q4 24
53.9%
39.2%
Q3 24
54.2%
40.6%
Q2 24
54.4%
38.0%
Operating Margin
A
A
RIG
RIG
Q1 26
19.6%
Q4 25
23.8%
23.0%
Q3 25
20.7%
-163.1%
Q2 25
18.0%
-97.6%
Q1 25
22.4%
7.1%
Q4 24
24.0%
13.7%
Q3 24
21.1%
-51.2%
Q2 24
23.1%
-6.9%
Net Margin
A
A
RIG
RIG
Q1 26
17.0%
Q4 25
23.3%
2.4%
Q3 25
19.3%
-187.1%
Q2 25
12.9%
-94.9%
Q1 25
18.9%
-8.7%
Q4 24
20.6%
0.7%
Q3 24
17.9%
-52.1%
Q2 24
19.6%
-14.3%
EPS (diluted)
A
A
RIG
RIG
Q1 26
$1.07
Q4 25
$1.53
$0.13
Q3 25
$1.18
$-2.00
Q2 25
$0.75
$-1.06
Q1 25
$1.11
$-0.11
Q4 24
$1.23
$-0.14
Q3 24
$0.97
$-0.58
Q2 24
$1.05
$-0.15

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
A
A
RIG
RIG
Cash + ST InvestmentsLiquidity on hand
$1.8B
$620.0M
Total DebtLower is stronger
$3.0B
$5.2B
Stockholders' EquityBook value
$6.9B
$8.1B
Total Assets
$12.8B
$15.6B
Debt / EquityLower = less leverage
0.44×
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
A
A
RIG
RIG
Q1 26
$1.8B
Q4 25
$1.8B
$620.0M
Q3 25
$1.5B
$833.0M
Q2 25
$1.5B
$377.0M
Q1 25
$1.5B
$263.0M
Q4 24
$1.3B
$560.0M
Q3 24
$1.8B
$435.0M
Q2 24
$1.7B
$475.0M
Total Debt
A
A
RIG
RIG
Q1 26
$3.0B
Q4 25
$3.0B
$5.2B
Q3 25
$3.4B
$4.8B
Q2 25
$3.3B
$5.9B
Q1 25
$3.3B
$5.9B
Q4 24
$3.3B
$6.2B
Q3 24
$2.1B
$6.5B
Q2 24
$2.1B
$6.8B
Stockholders' Equity
A
A
RIG
RIG
Q1 26
$6.9B
Q4 25
$6.7B
$8.1B
Q3 25
$6.4B
$8.1B
Q2 25
$6.1B
$9.4B
Q1 25
$6.0B
$10.2B
Q4 24
$5.9B
$10.3B
Q3 24
$5.9B
$10.2B
Q2 24
$6.2B
$10.7B
Total Assets
A
A
RIG
RIG
Q1 26
$12.8B
Q4 25
$12.7B
$15.6B
Q3 25
$12.2B
$16.2B
Q2 25
$12.2B
$17.8B
Q1 25
$11.9B
$19.0B
Q4 24
$11.8B
$19.4B
Q3 24
$11.0B
$19.5B
Q2 24
$10.9B
$20.3B
Debt / Equity
A
A
RIG
RIG
Q1 26
0.44×
Q4 25
0.45×
0.64×
Q3 25
0.53×
0.60×
Q2 25
0.55×
0.63×
Q1 25
0.56×
0.58×
Q4 24
0.57×
0.60×
Q3 24
0.36×
0.64×
Q2 24
0.34×
0.63×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
A
A
RIG
RIG
Operating Cash FlowLast quarter
$268.0M
$349.0M
Free Cash FlowOCF − Capex
$175.0M
$321.0M
FCF MarginFCF / Revenue
9.7%
30.8%
Capex IntensityCapex / Revenue
5.2%
2.7%
Cash ConversionOCF / Net Profit
0.88×
13.96×
TTM Free Cash FlowTrailing 4 quarters
$993.0M
$626.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
A
A
RIG
RIG
Q1 26
$268.0M
Q4 25
$545.0M
$349.0M
Q3 25
$362.0M
$246.0M
Q2 25
$221.0M
$128.0M
Q1 25
$431.0M
$26.0M
Q4 24
$481.0M
$206.0M
Q3 24
$452.0M
$194.0M
Q2 24
$333.0M
$133.0M
Free Cash Flow
A
A
RIG
RIG
Q1 26
$175.0M
Q4 25
$452.0M
$321.0M
Q3 25
$259.0M
$235.0M
Q2 25
$107.0M
$104.0M
Q1 25
$334.0M
$-34.0M
Q4 24
$388.0M
$177.0M
Q3 24
$360.0M
$136.0M
Q2 24
$230.0M
$49.0M
FCF Margin
A
A
RIG
RIG
Q1 26
9.7%
Q4 25
24.3%
30.8%
Q3 25
14.9%
22.9%
Q2 25
6.4%
10.5%
Q1 25
19.9%
-3.8%
Q4 24
22.8%
18.6%
Q3 24
22.8%
14.3%
Q2 24
14.6%
5.7%
Capex Intensity
A
A
RIG
RIG
Q1 26
5.2%
Q4 25
5.0%
2.7%
Q3 25
5.9%
1.1%
Q2 25
6.8%
2.4%
Q1 25
5.8%
6.6%
Q4 24
5.5%
3.0%
Q3 24
5.8%
6.1%
Q2 24
6.5%
9.8%
Cash Conversion
A
A
RIG
RIG
Q1 26
0.88×
Q4 25
1.26×
13.96×
Q3 25
1.08×
Q2 25
1.03×
Q1 25
1.36×
Q4 24
1.37×
29.43×
Q3 24
1.60×
Q2 24
1.08×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

A
A

Service Other$525.0M29%
Chemicaland Energy Market$422.0M23%
Agilent Cross Lab$273.0M15%
Environmentaland Forensics Market$177.0M10%
Food Market$166.0M9%
Academiaand Government Market$130.0M7%
Applied Markets$98.0M5%

RIG
RIG

Ultra Deepwater Floaters$433.0M42%
BR$236.0M23%
Other Geographical$211.0M20%
Harsh Environment Floaters$163.0M16%

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