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Side-by-side financial comparison of PORTLAND GENERAL ELECTRIC CO (POR) 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 $889.0M, roughly 1.2× PORTLAND GENERAL ELECTRIC CO). PORTLAND GENERAL ELECTRIC CO runs the higher net margin — 4.6% vs 2.4%, a 2.2% gap on every dollar of revenue. On growth, Transocean Ltd. posted the faster year-over-year revenue change (9.6% vs 7.9%). Transocean Ltd. produced more free cash flow last quarter ($321.0M vs $-142.0M). Over the past eight quarters, Transocean Ltd.'s revenue compounded faster (16.9% CAGR vs -2.2%).

Portland General Electric (PGE) is a Fortune 1000, publicly traded energy company based in Portland, Oregon, that generates, transmits and distributes electricity, serving almost two-thirds of Oregon's commercial and industrial activity. PGE is regulated by the Oregon Public Utility Commission. Founded in 1888 as the Willamette Falls Electric Company, the company has been an independent company for most of its existence, though was briefly owned by the Houston-based Enron Corporation from 199...

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.

POR vs RIG — Head-to-Head

Bigger by revenue
RIG
RIG
1.2× larger
RIG
$1.0B
$889.0M
POR
Growing faster (revenue YoY)
RIG
RIG
+1.7% gap
RIG
9.6%
7.9%
POR
Higher net margin
POR
POR
2.2% more per $
POR
4.6%
2.4%
RIG
More free cash flow
RIG
RIG
$463.0M more FCF
RIG
$321.0M
$-142.0M
POR
Faster 2-yr revenue CAGR
RIG
RIG
Annualised
RIG
16.9%
-2.2%
POR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
POR
POR
RIG
RIG
Revenue
$889.0M
$1.0B
Net Profit
$41.0M
$25.0M
Gross Margin
42.0%
Operating Margin
10.7%
23.0%
Net Margin
4.6%
2.4%
Revenue YoY
7.9%
9.6%
Net Profit YoY
7.9%
257.1%
EPS (diluted)
$0.36
$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
POR
POR
RIG
RIG
Q4 25
$889.0M
$1.0B
Q3 25
$952.0M
$1.0B
Q2 25
$807.0M
$988.0M
Q1 25
$928.0M
$906.0M
Q4 24
$824.0M
$952.0M
Q3 24
$929.0M
$948.0M
Q2 24
$758.0M
$861.0M
Q1 24
$929.0M
$763.0M
Net Profit
POR
POR
RIG
RIG
Q4 25
$41.0M
$25.0M
Q3 25
$103.0M
$-1.9B
Q2 25
$62.0M
$-938.0M
Q1 25
$100.0M
$-79.0M
Q4 24
$38.0M
$7.0M
Q3 24
$94.0M
$-494.0M
Q2 24
$72.0M
$-123.0M
Q1 24
$109.0M
$98.0M
Gross Margin
POR
POR
RIG
RIG
Q4 25
42.0%
Q3 25
43.2%
Q2 25
39.4%
Q1 25
31.8%
Q4 24
39.2%
Q3 24
40.6%
Q2 24
38.0%
Q1 24
31.5%
Operating Margin
POR
POR
RIG
RIG
Q4 25
10.7%
23.0%
Q3 25
18.3%
-163.1%
Q2 25
14.6%
-97.6%
Q1 25
18.1%
7.1%
Q4 24
10.7%
13.7%
Q3 24
15.7%
-51.2%
Q2 24
15.3%
-6.9%
Q1 24
17.4%
-0.4%
Net Margin
POR
POR
RIG
RIG
Q4 25
4.6%
2.4%
Q3 25
10.8%
-187.1%
Q2 25
7.7%
-94.9%
Q1 25
10.8%
-8.7%
Q4 24
4.6%
0.7%
Q3 24
10.1%
-52.1%
Q2 24
9.5%
-14.3%
Q1 24
11.7%
12.8%
EPS (diluted)
POR
POR
RIG
RIG
Q4 25
$0.36
$0.13
Q3 25
$0.94
$-2.00
Q2 25
$0.56
$-1.06
Q1 25
$0.91
$-0.11
Q4 24
$0.34
$-0.14
Q3 24
$0.90
$-0.58
Q2 24
$0.69
$-0.15
Q1 24
$1.08
$0.11

Balance Sheet & Financial Strength

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

Metric
POR
POR
RIG
RIG
Cash + ST InvestmentsLiquidity on hand
$620.0M
Total DebtLower is stronger
$4.7B
$5.2B
Stockholders' EquityBook value
$4.1B
$8.1B
Total Assets
$13.2B
$15.6B
Debt / EquityLower = less leverage
1.13×
0.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
POR
POR
RIG
RIG
Q4 25
$620.0M
Q3 25
$833.0M
Q2 25
$377.0M
Q1 25
$263.0M
Q4 24
$560.0M
Q3 24
$435.0M
Q2 24
$475.0M
Q1 24
$446.0M
Total Debt
POR
POR
RIG
RIG
Q4 25
$4.7B
$5.2B
Q3 25
$4.7B
$4.8B
Q2 25
$4.7B
$5.9B
Q1 25
$4.7B
$5.9B
Q4 24
$4.5B
$6.2B
Q3 24
$4.4B
$6.5B
Q2 24
$4.4B
$6.8B
Q1 24
$4.4B
$6.8B
Stockholders' Equity
POR
POR
RIG
RIG
Q4 25
$4.1B
$8.1B
Q3 25
$4.0B
$8.1B
Q2 25
$3.9B
$9.4B
Q1 25
$3.8B
$10.2B
Q4 24
$3.8B
$10.3B
Q3 24
$3.6B
$10.2B
Q2 24
$3.5B
$10.7B
Q1 24
$3.5B
$10.5B
Total Assets
POR
POR
RIG
RIG
Q4 25
$13.2B
$15.6B
Q3 25
$13.0B
$16.2B
Q2 25
$12.7B
$17.8B
Q1 25
$12.7B
$19.0B
Q4 24
$12.5B
$19.4B
Q3 24
$11.9B
$19.5B
Q2 24
$11.6B
$20.3B
Q1 24
$11.6B
$19.9B
Debt / Equity
POR
POR
RIG
RIG
Q4 25
1.13×
0.64×
Q3 25
1.20×
0.60×
Q2 25
1.23×
0.63×
Q1 25
1.23×
0.58×
Q4 24
1.20×
0.60×
Q3 24
1.22×
0.64×
Q2 24
1.27×
0.63×
Q1 24
1.28×
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
POR
POR
RIG
RIG
Operating Cash FlowLast quarter
$148.0M
$349.0M
Free Cash FlowOCF − Capex
$-142.0M
$321.0M
FCF MarginFCF / Revenue
-16.0%
30.8%
Capex IntensityCapex / Revenue
32.6%
2.7%
Cash ConversionOCF / Net Profit
3.61×
13.96×
TTM Free Cash FlowTrailing 4 quarters
$-71.0M
$626.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
POR
POR
RIG
RIG
Q4 25
$148.0M
$349.0M
Q3 25
$403.0M
$246.0M
Q2 25
$336.0M
$128.0M
Q1 25
$231.0M
$26.0M
Q4 24
$170.0M
$206.0M
Q3 24
$244.0M
$194.0M
Q2 24
$189.0M
$133.0M
Q1 24
$175.0M
$-86.0M
Free Cash Flow
POR
POR
RIG
RIG
Q4 25
$-142.0M
$321.0M
Q3 25
$100.0M
$235.0M
Q2 25
$99.0M
$104.0M
Q1 25
$-128.0M
$-34.0M
Q4 24
$-222.0M
$177.0M
Q3 24
$-9.0M
$136.0M
Q2 24
$-109.0M
$49.0M
Q1 24
$-150.0M
$-169.0M
FCF Margin
POR
POR
RIG
RIG
Q4 25
-16.0%
30.8%
Q3 25
10.5%
22.9%
Q2 25
12.3%
10.5%
Q1 25
-13.8%
-3.8%
Q4 24
-26.9%
18.6%
Q3 24
-1.0%
14.3%
Q2 24
-14.4%
5.7%
Q1 24
-16.1%
-22.1%
Capex Intensity
POR
POR
RIG
RIG
Q4 25
32.6%
2.7%
Q3 25
31.8%
1.1%
Q2 25
29.4%
2.4%
Q1 25
38.7%
6.6%
Q4 24
47.6%
3.0%
Q3 24
27.2%
6.1%
Q2 24
39.3%
9.8%
Q1 24
35.0%
10.9%
Cash Conversion
POR
POR
RIG
RIG
Q4 25
3.61×
13.96×
Q3 25
3.91×
Q2 25
5.42×
Q1 25
2.31×
Q4 24
4.47×
29.43×
Q3 24
2.60×
Q2 24
2.63×
Q1 24
1.61×
-0.88×

Financial Flow Comparison

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

Revenue Breakdown by Segment

POR
POR

Other$507.0M57%
Commercial$231.0M26%
Industrial$140.0M16%
Direct Accesscustomers$11.0M1%

RIG
RIG

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

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