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Side-by-side financial comparison of PAMT CORP (PAMT) and Seadrill Ltd (SDRL). Click either name above to swap in a different company.
Seadrill Ltd is the larger business by last-quarter revenue ($273.0M vs $141.3M, roughly 1.9× PAMT CORP). Seadrill Ltd runs the higher net margin — -3.7% vs -20.7%, a 17.0% gap on every dollar of revenue. Over the past eight quarters, Seadrill Ltd's revenue compounded faster (-8.9% CAGR vs -12.0%).
Seadrill is an offshore drilling contractor providing worldwide offshore drilling services to the oil and gas industry. Its primary business is the ownership and operation of drillships, semi-submersible rigs, and jack-up rigs for operations in shallow to ultra-deep water in both benign and harsh environments. It provides a contract-based service and primarily serves the oil super-majors, integrated oil and gas, state-owned national oil, and independent oil and gas companies.
PAMT vs SDRL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $141.3M | $273.0M |
| Net Profit | $-29.3M | $-10.0M |
| Gross Margin | — | — |
| Operating Margin | -27.0% | -1.1% |
| Net Margin | -20.7% | -3.7% |
| Revenue YoY | -15.1% | — |
| Net Profit YoY | 7.4% | — |
| EPS (diluted) | $-1.38 | — |
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.
| Q4 25 | $141.3M | $273.0M | ||
| Q3 25 | $150.3M | $280.0M | ||
| Q2 25 | $151.1M | $288.0M | ||
| Q1 25 | $155.3M | $248.0M | ||
| Q4 24 | $166.5M | — | ||
| Q3 24 | $182.6M | $263.0M | ||
| Q2 24 | $182.9M | $267.0M | ||
| Q1 24 | $182.6M | $275.0M |
| Q4 25 | $-29.3M | $-10.0M | ||
| Q3 25 | $-5.6M | $-11.0M | ||
| Q2 25 | $-9.6M | $-42.0M | ||
| Q1 25 | $-8.1M | $-14.0M | ||
| Q4 24 | $-31.6M | — | ||
| Q3 24 | $2.4M | $32.0M | ||
| Q2 24 | $-2.9M | $253.0M | ||
| Q1 24 | $281.0K | $60.0M |
| Q4 25 | -27.0% | -1.1% | ||
| Q3 25 | -3.8% | 9.3% | ||
| Q2 25 | -7.3% | 2.1% | ||
| Q1 25 | -5.9% | 7.3% | ||
| Q4 24 | -22.6% | — | ||
| Q3 24 | 1.3% | 17.9% | ||
| Q2 24 | -0.4% | — | ||
| Q1 24 | -0.4% | 29.1% |
| Q4 25 | -20.7% | -3.7% | ||
| Q3 25 | -3.7% | -3.9% | ||
| Q2 25 | -6.4% | -14.6% | ||
| Q1 25 | -5.2% | -5.6% | ||
| Q4 24 | -19.0% | — | ||
| Q3 24 | 1.3% | 12.2% | ||
| Q2 24 | -1.6% | 94.8% | ||
| Q1 24 | 0.2% | 21.8% |
| Q4 25 | $-1.38 | — | ||
| Q3 25 | $-0.27 | $-0.17 | ||
| Q2 25 | $-0.46 | $-0.68 | ||
| Q1 25 | $-0.37 | $-0.23 | ||
| Q4 24 | $-1.44 | — | ||
| Q3 24 | $0.11 | $0.49 | ||
| Q2 24 | $-0.13 | $3.49 | ||
| Q1 24 | $0.01 | $0.81 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $83.7M | $339.0M |
| Total DebtLower is stronger | $333.9M | $613.0M |
| Stockholders' EquityBook value | $210.5M | $2.9B |
| Total Assets | $697.9M | $3.9B |
| Debt / EquityLower = less leverage | 1.59× | 0.21× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $83.7M | $339.0M | ||
| Q3 25 | $115.6M | $402.0M | ||
| Q2 25 | $117.3M | $393.0M | ||
| Q1 25 | $102.7M | $404.0M | ||
| Q4 24 | $110.7M | — | ||
| Q3 24 | $92.3M | — | ||
| Q2 24 | $114.0M | $835.0M | ||
| Q1 24 | $125.8M | — |
| Q4 25 | $333.9M | $613.0M | ||
| Q3 25 | — | $612.0M | ||
| Q2 25 | — | $612.0M | ||
| Q1 25 | — | $611.0M | ||
| Q4 24 | $325.6M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $609.0M | ||
| Q1 24 | — | — |
| Q4 25 | $210.5M | $2.9B | ||
| Q3 25 | $239.5M | $2.9B | ||
| Q2 25 | $244.9M | $2.9B | ||
| Q1 25 | $269.6M | $2.9B | ||
| Q4 24 | $277.5M | — | ||
| Q3 24 | $308.9M | $2.9B | ||
| Q2 24 | $306.7M | $3.1B | ||
| Q1 24 | $314.6M | $2.9B |
| Q4 25 | $697.9M | $3.9B | ||
| Q3 25 | $715.2M | $4.1B | ||
| Q2 25 | $707.9M | $4.1B | ||
| Q1 25 | $712.6M | $4.1B | ||
| Q4 24 | $741.7M | — | ||
| Q3 24 | $756.7M | — | ||
| Q2 24 | $733.5M | $4.3B | ||
| Q1 24 | $746.4M | — |
| Q4 25 | 1.59× | 0.21× | ||
| Q3 25 | — | 0.21× | ||
| Q2 25 | — | 0.21× | ||
| Q1 25 | — | 0.21× | ||
| Q4 24 | 1.17× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.20× | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-5.8M | $-40.0M |
| Free Cash FlowOCF − Capex | $-25.0M | — |
| FCF MarginFCF / Revenue | -17.7% | — |
| Capex IntensityCapex / Revenue | 13.6% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-23.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-5.8M | $-40.0M | ||
| Q3 25 | $5.9M | $28.0M | ||
| Q2 25 | $12.2M | $11.0M | ||
| Q1 25 | $5.0M | $-27.0M | ||
| Q4 24 | $15.2M | — | ||
| Q3 24 | $15.5M | $-27.0M | ||
| Q2 24 | $18.7M | $79.0M | ||
| Q1 24 | $9.6M | $29.0M |
| Q4 25 | $-25.0M | — | ||
| Q3 25 | $2.5M | — | ||
| Q2 25 | $5.9M | — | ||
| Q1 25 | $-6.8M | — | ||
| Q4 24 | $-39.9M | — | ||
| Q3 24 | $-33.6M | — | ||
| Q2 24 | $4.1M | — | ||
| Q1 24 | $-12.2M | — |
| Q4 25 | -17.7% | — | ||
| Q3 25 | 1.7% | — | ||
| Q2 25 | 3.9% | — | ||
| Q1 25 | -4.4% | — | ||
| Q4 24 | -24.0% | — | ||
| Q3 24 | -18.4% | — | ||
| Q2 24 | 2.2% | — | ||
| Q1 24 | -6.7% | — |
| Q4 25 | 13.6% | — | ||
| Q3 25 | 2.3% | — | ||
| Q2 25 | 4.2% | — | ||
| Q1 25 | 7.6% | — | ||
| Q4 24 | 33.1% | — | ||
| Q3 24 | 26.9% | — | ||
| Q2 24 | 8.0% | — | ||
| Q1 24 | 12.0% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 6.44× | -0.84× | ||
| Q2 24 | — | 0.31× | ||
| Q1 24 | 34.11× | 0.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PAMT
| Freight Transportation Service | $123.1M | 87% |
| Fuel Surcharge | $18.2M | 13% |
SDRL
Segment breakdown not available.
