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Side-by-side financial comparison of HAEMONETICS CORP (HAE) 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 $346.4M, roughly 3.0× HAEMONETICS CORP). HAEMONETICS CORP runs the higher net margin — 28.1% vs 2.4%, a 25.7% gap on every dollar of revenue. On growth, Transocean Ltd. posted the faster year-over-year revenue change (9.6% vs 4.8%). Transocean Ltd. produced more free cash flow last quarter ($321.0M vs $209.9M). Over the past eight quarters, Transocean Ltd.'s revenue compounded faster (16.9% CAGR vs 1.5%).

Haemonetics Corporation is a global provider of blood and plasma supplies and services. The company was founded in Natick, Massachusetts by Dr. Allen (Jack) Latham in the 1970s.

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.

HAE vs RIG — Head-to-Head

Bigger by revenue
RIG
RIG
3.0× larger
RIG
$1.0B
$346.4M
HAE
Growing faster (revenue YoY)
RIG
RIG
+4.8% gap
RIG
9.6%
4.8%
HAE
Higher net margin
HAE
HAE
25.7% more per $
HAE
28.1%
2.4%
RIG
More free cash flow
RIG
RIG
$111.1M more FCF
RIG
$321.0M
$209.9M
HAE
Faster 2-yr revenue CAGR
RIG
RIG
Annualised
RIG
16.9%
1.5%
HAE

Income Statement — Q4 FY2026 vs Q4 FY2025

Metric
HAE
HAE
RIG
RIG
Revenue
$346.4M
$1.0B
Net Profit
$97.3M
$25.0M
Gross Margin
57.2%
42.0%
Operating Margin
36.1%
23.0%
Net Margin
28.1%
2.4%
Revenue YoY
4.8%
9.6%
Net Profit YoY
257.1%
EPS (diluted)
$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
HAE
HAE
RIG
RIG
Q1 26
$346.4M
Q4 25
$339.0M
$1.0B
Q3 25
$327.3M
$1.0B
Q2 25
$321.4M
$988.0M
Q1 25
$330.6M
$906.0M
Q4 24
$348.5M
$952.0M
Q3 24
$345.5M
$948.0M
Q2 24
$336.2M
$861.0M
Net Profit
HAE
HAE
RIG
RIG
Q1 26
$97.3M
Q4 25
$44.7M
$25.0M
Q3 25
$38.7M
$-1.9B
Q2 25
$34.0M
$-938.0M
Q1 25
$58.0M
$-79.0M
Q4 24
$37.5M
$7.0M
Q3 24
$33.8M
$-494.0M
Q2 24
$38.4M
$-123.0M
Gross Margin
HAE
HAE
RIG
RIG
Q1 26
57.2%
Q4 25
59.7%
42.0%
Q3 25
59.5%
43.2%
Q2 25
59.8%
39.4%
Q1 25
58.4%
31.8%
Q4 24
55.5%
39.2%
Q3 24
54.2%
40.6%
Q2 24
52.0%
38.0%
Operating Margin
HAE
HAE
RIG
RIG
Q1 26
36.1%
Q4 25
19.9%
23.0%
Q3 25
17.9%
-163.1%
Q2 25
16.8%
-97.6%
Q1 25
21.6%
7.1%
Q4 24
16.9%
13.7%
Q3 24
15.0%
-51.2%
Q2 24
11.8%
-6.9%
Net Margin
HAE
HAE
RIG
RIG
Q1 26
28.1%
Q4 25
13.2%
2.4%
Q3 25
11.8%
-187.1%
Q2 25
10.6%
-94.9%
Q1 25
17.5%
-8.7%
Q4 24
10.8%
0.7%
Q3 24
9.8%
-52.1%
Q2 24
11.4%
-14.3%
EPS (diluted)
HAE
HAE
RIG
RIG
Q1 26
Q4 25
$0.95
$0.13
Q3 25
$0.81
$-2.00
Q2 25
$0.70
$-1.06
Q1 25
$1.17
$-0.11
Q4 24
$0.74
$-0.14
Q3 24
$0.66
$-0.58
Q2 24
$0.74
$-0.15

Balance Sheet & Financial Strength

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

Metric
HAE
HAE
RIG
RIG
Cash + ST InvestmentsLiquidity on hand
$245.4M
$620.0M
Total DebtLower is stronger
$1.2B
$5.2B
Stockholders' EquityBook value
$796.3M
$8.1B
Total Assets
$2.4B
$15.6B
Debt / EquityLower = less leverage
1.53×
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HAE
HAE
RIG
RIG
Q1 26
$245.4M
Q4 25
$363.4M
$620.0M
Q3 25
$296.4M
$833.0M
Q2 25
$292.9M
$377.0M
Q1 25
$306.8M
$263.0M
Q4 24
$320.8M
$560.0M
Q3 24
$299.3M
$435.0M
Q2 24
$344.4M
$475.0M
Total Debt
HAE
HAE
RIG
RIG
Q1 26
$1.2B
Q4 25
$1.2B
$5.2B
Q3 25
$1.2B
$4.8B
Q2 25
$1.2B
$5.9B
Q1 25
$1.2B
$5.9B
Q4 24
$6.2B
Q3 24
$6.5B
Q2 24
$6.8B
Stockholders' Equity
HAE
HAE
RIG
RIG
Q1 26
$796.3M
Q4 25
$911.5M
$8.1B
Q3 25
$849.2M
$8.1B
Q2 25
$882.3M
$9.4B
Q1 25
$820.8M
$10.2B
Q4 24
$906.9M
$10.3B
Q3 24
$878.9M
$10.2B
Q2 24
$905.4M
$10.7B
Total Assets
HAE
HAE
RIG
RIG
Q1 26
$2.4B
Q4 25
$2.5B
$15.6B
Q3 25
$2.4B
$16.2B
Q2 25
$2.5B
$17.8B
Q1 25
$2.5B
$19.0B
Q4 24
$2.5B
$19.4B
Q3 24
$2.5B
$19.5B
Q2 24
$2.5B
$20.3B
Debt / Equity
HAE
HAE
RIG
RIG
Q1 26
1.53×
Q4 25
1.34×
0.64×
Q3 25
1.44×
0.60×
Q2 25
1.39×
0.63×
Q1 25
1.49×
0.58×
Q4 24
0.60×
Q3 24
0.64×
Q2 24
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
HAE
HAE
RIG
RIG
Operating Cash FlowLast quarter
$293.2M
$349.0M
Free Cash FlowOCF − Capex
$209.9M
$321.0M
FCF MarginFCF / Revenue
60.6%
30.8%
Capex IntensityCapex / Revenue
9.5%
2.7%
Cash ConversionOCF / Net Profit
3.01×
13.96×
TTM Free Cash FlowTrailing 4 quarters
$417.1M
$626.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HAE
HAE
RIG
RIG
Q1 26
$293.2M
Q4 25
$93.6M
$349.0M
Q3 25
$111.3M
$246.0M
Q2 25
$17.4M
$128.0M
Q1 25
$116.6M
$26.0M
Q4 24
$43.8M
$206.0M
Q3 24
$48.8M
$194.0M
Q2 24
$-27.4M
$133.0M
Free Cash Flow
HAE
HAE
RIG
RIG
Q1 26
$209.9M
Q4 25
$87.2M
$321.0M
Q3 25
$106.3M
$235.0M
Q2 25
$13.6M
$104.0M
Q1 25
$100.9M
$-34.0M
Q4 24
$35.2M
$177.0M
Q3 24
$39.4M
$136.0M
Q2 24
$-33.1M
$49.0M
FCF Margin
HAE
HAE
RIG
RIG
Q1 26
60.6%
Q4 25
25.7%
30.8%
Q3 25
32.5%
22.9%
Q2 25
4.2%
10.5%
Q1 25
30.5%
-3.8%
Q4 24
10.1%
18.6%
Q3 24
11.4%
14.3%
Q2 24
-9.8%
5.7%
Capex Intensity
HAE
HAE
RIG
RIG
Q1 26
9.5%
Q4 25
1.9%
2.7%
Q3 25
1.5%
1.1%
Q2 25
1.2%
2.4%
Q1 25
4.7%
6.6%
Q4 24
2.5%
3.0%
Q3 24
2.7%
6.1%
Q2 24
1.7%
9.8%
Cash Conversion
HAE
HAE
RIG
RIG
Q1 26
3.01×
Q4 25
2.09×
13.96×
Q3 25
2.88×
Q2 25
0.51×
Q1 25
2.01×
Q4 24
1.17×
29.43×
Q3 24
1.44×
Q2 24
-0.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HAE
HAE

Hospital$159.6M46%
Plasma$130.3M38%
Blood Center$56.4M16%

RIG
RIG

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

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