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Side-by-side financial comparison of Alight, Inc. (ALIT) and Transocean Ltd. (RIG). Click either name above to swap in a different company.

Transocean Ltd. is the larger business by last-quarter revenue ($1.0B vs $653.0M, roughly 1.6× Alight, Inc.). Transocean Ltd. runs the higher net margin — 2.4% vs -142.7%, a 145.1% gap on every dollar of revenue. On growth, Transocean Ltd. posted the faster year-over-year revenue change (9.6% vs -4.0%). Transocean Ltd. produced more free cash flow last quarter ($321.0M vs $99.0M). Over the past eight quarters, Transocean Ltd.'s revenue compounded faster (16.9% CAGR vs 8.1%).

Alight Solutions is an American information technology and consulting company that provides cloud-based systems, outsourcing and consultancy related to human resource. They provide platforms and outsourcing for large companies to manage their human capital this includes health benefit administration, financial management and retirement planning.

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.

ALIT vs RIG — Head-to-Head

Bigger by revenue
RIG
RIG
1.6× larger
RIG
$1.0B
$653.0M
ALIT
Growing faster (revenue YoY)
RIG
RIG
+13.5% gap
RIG
9.6%
-4.0%
ALIT
Higher net margin
RIG
RIG
145.1% more per $
RIG
2.4%
-142.7%
ALIT
More free cash flow
RIG
RIG
$222.0M more FCF
RIG
$321.0M
$99.0M
ALIT
Faster 2-yr revenue CAGR
RIG
RIG
Annualised
RIG
16.9%
8.1%
ALIT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALIT
ALIT
RIG
RIG
Revenue
$653.0M
$1.0B
Net Profit
$-932.0M
$25.0M
Gross Margin
36.8%
42.0%
Operating Margin
-114.9%
23.0%
Net Margin
-142.7%
2.4%
Revenue YoY
-4.0%
9.6%
Net Profit YoY
-11750.0%
257.1%
EPS (diluted)
$-1.77
$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
ALIT
ALIT
RIG
RIG
Q4 25
$653.0M
$1.0B
Q3 25
$533.0M
$1.0B
Q2 25
$528.0M
$988.0M
Q1 25
$548.0M
$906.0M
Q4 24
$680.0M
$952.0M
Q3 24
$555.0M
$948.0M
Q2 24
$538.0M
$861.0M
Q1 24
$559.0M
$763.0M
Net Profit
ALIT
ALIT
RIG
RIG
Q4 25
$-932.0M
$25.0M
Q3 25
$-1.1B
$-1.9B
Q2 25
$-1.1B
$-938.0M
Q1 25
$-25.0M
$-79.0M
Q4 24
$8.0M
$7.0M
Q3 24
$-74.0M
$-494.0M
Q2 24
$23.0M
$-123.0M
Q1 24
$-114.0M
$98.0M
Gross Margin
ALIT
ALIT
RIG
RIG
Q4 25
36.8%
42.0%
Q3 25
33.4%
43.2%
Q2 25
33.3%
39.4%
Q1 25
31.2%
31.8%
Q4 24
39.9%
39.2%
Q3 24
31.4%
40.6%
Q2 24
31.0%
38.0%
Q1 24
32.6%
31.5%
Operating Margin
ALIT
ALIT
RIG
RIG
Q4 25
-114.9%
23.0%
Q3 25
-248.0%
-163.1%
Q2 25
-191.3%
-97.6%
Q1 25
-1.5%
7.1%
Q4 24
6.5%
13.7%
Q3 24
-7.6%
-51.2%
Q2 24
-9.7%
-6.9%
Q1 24
-7.2%
-0.4%
Net Margin
ALIT
ALIT
RIG
RIG
Q4 25
-142.7%
2.4%
Q3 25
-200.2%
-187.1%
Q2 25
-203.2%
-94.9%
Q1 25
-4.6%
-8.7%
Q4 24
1.2%
0.7%
Q3 24
-13.3%
-52.1%
Q2 24
4.3%
-14.3%
Q1 24
-20.4%
12.8%
EPS (diluted)
ALIT
ALIT
RIG
RIG
Q4 25
$-1.77
$0.13
Q3 25
$-2.02
$-2.00
Q2 25
$-2.03
$-1.06
Q1 25
$-0.05
$-0.11
Q4 24
$0.02
$-0.14
Q3 24
$-0.14
$-0.58
Q2 24
$0.04
$-0.15
Q1 24
$-0.21
$0.11

Balance Sheet & Financial Strength

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

Metric
ALIT
ALIT
RIG
RIG
Cash + ST InvestmentsLiquidity on hand
$273.0M
$620.0M
Total DebtLower is stronger
$2.0B
$5.2B
Stockholders' EquityBook value
$1.0B
$8.1B
Total Assets
$4.6B
$15.6B
Debt / EquityLower = less leverage
1.92×
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALIT
ALIT
RIG
RIG
Q4 25
$273.0M
$620.0M
Q3 25
$205.0M
$833.0M
Q2 25
$227.0M
$377.0M
Q1 25
$223.0M
$263.0M
Q4 24
$343.0M
$560.0M
Q3 24
$300.0M
$435.0M
Q2 24
$183.0M
$475.0M
Q1 24
$256.0M
$446.0M
Total Debt
ALIT
ALIT
RIG
RIG
Q4 25
$2.0B
$5.2B
Q3 25
$2.0B
$4.8B
Q2 25
$2.0B
$5.9B
Q1 25
$2.0B
$5.9B
Q4 24
$2.0B
$6.2B
Q3 24
$2.0B
$6.5B
Q2 24
$2.8B
$6.8B
Q1 24
$2.8B
$6.8B
Stockholders' Equity
ALIT
ALIT
RIG
RIG
Q4 25
$1.0B
$8.1B
Q3 25
$2.0B
$8.1B
Q2 25
$3.1B
$9.4B
Q1 25
$4.2B
$10.2B
Q4 24
$4.3B
$10.3B
Q3 24
$4.3B
$10.2B
Q2 24
$4.5B
$10.7B
Q1 24
$4.5B
$10.5B
Total Assets
ALIT
ALIT
RIG
RIG
Q4 25
$4.6B
$15.6B
Q3 25
$5.5B
$16.2B
Q2 25
$6.8B
$17.8B
Q1 25
$7.9B
$19.0B
Q4 24
$8.2B
$19.4B
Q3 24
$8.3B
$19.5B
Q2 24
$10.5B
$20.3B
Q1 24
$10.7B
$19.9B
Debt / Equity
ALIT
ALIT
RIG
RIG
Q4 25
1.92×
0.64×
Q3 25
1.00×
0.60×
Q2 25
0.65×
0.63×
Q1 25
0.48×
0.58×
Q4 24
0.47×
0.60×
Q3 24
0.47×
0.64×
Q2 24
0.62×
0.63×
Q1 24
0.62×
0.65×

Cash Flow & Capital Efficiency

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

Metric
ALIT
ALIT
RIG
RIG
Operating Cash FlowLast quarter
$124.0M
$349.0M
Free Cash FlowOCF − Capex
$99.0M
$321.0M
FCF MarginFCF / Revenue
15.2%
30.8%
Capex IntensityCapex / Revenue
3.8%
2.7%
Cash ConversionOCF / Net Profit
13.96×
TTM Free Cash FlowTrailing 4 quarters
$250.0M
$626.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALIT
ALIT
RIG
RIG
Q4 25
$124.0M
$349.0M
Q3 25
$77.0M
$246.0M
Q2 25
$86.0M
$128.0M
Q1 25
$73.0M
$26.0M
Q4 24
$118.0M
$206.0M
Q3 24
$-24.0M
$194.0M
Q2 24
$58.0M
$133.0M
Q1 24
$100.0M
$-86.0M
Free Cash Flow
ALIT
ALIT
RIG
RIG
Q4 25
$99.0M
$321.0M
Q3 25
$49.0M
$235.0M
Q2 25
$58.0M
$104.0M
Q1 25
$44.0M
$-34.0M
Q4 24
$92.0M
$177.0M
Q3 24
$-52.0M
$136.0M
Q2 24
$22.0M
$49.0M
Q1 24
$69.0M
$-169.0M
FCF Margin
ALIT
ALIT
RIG
RIG
Q4 25
15.2%
30.8%
Q3 25
9.2%
22.9%
Q2 25
11.0%
10.5%
Q1 25
8.0%
-3.8%
Q4 24
13.5%
18.6%
Q3 24
-9.4%
14.3%
Q2 24
4.1%
5.7%
Q1 24
12.3%
-22.1%
Capex Intensity
ALIT
ALIT
RIG
RIG
Q4 25
3.8%
2.7%
Q3 25
5.3%
1.1%
Q2 25
5.3%
2.4%
Q1 25
5.3%
6.6%
Q4 24
3.8%
3.0%
Q3 24
5.0%
6.1%
Q2 24
6.7%
9.8%
Q1 24
5.5%
10.9%
Cash Conversion
ALIT
ALIT
RIG
RIG
Q4 25
13.96×
Q3 25
Q2 25
Q1 25
Q4 24
14.75×
29.43×
Q3 24
Q2 24
2.52×
Q1 24
-0.88×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALIT
ALIT

Recurring$607.0M93%
Projects$46.0M7%

RIG
RIG

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

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