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Side-by-side financial comparison of Transocean Ltd. (RIG) and SONOCO PRODUCTS CO (SON). Click either name above to swap in a different company.

SONOCO PRODUCTS CO is the larger business by last-quarter revenue ($1.7B vs $1.0B, roughly 1.6× Transocean Ltd.). SONOCO PRODUCTS CO runs the higher net margin — 4.1% vs 2.4%, a 1.7% gap on every dollar of revenue. On growth, Transocean Ltd. posted the faster year-over-year revenue change (9.6% vs -1.9%). Transocean Ltd. produced more free cash flow last quarter ($321.0M vs $-428.3B). Over the past eight quarters, Transocean Ltd.'s revenue compounded faster (16.9% CAGR vs 1.2%).

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.

Sonoco Products Company is an American provider of diversified consumer packaging, industrial products, protective packaging, and packaging supply chain services and the world's largest producer of composite cans, tubes, and cores. The company was founded in 1889 as Southern Novelty Company with annualized net sales of approximately $7.3 billion. Sonoco has 19,900 employees in more than 335 operations in 33 countries, serving more than 85 nations. The company is headquartered in Hartsville, S...

RIG vs SON — Head-to-Head

Bigger by revenue
SON
SON
1.6× larger
SON
$1.7B
$1.0B
RIG
Growing faster (revenue YoY)
RIG
RIG
+11.5% gap
RIG
9.6%
-1.9%
SON
Higher net margin
SON
SON
1.7% more per $
SON
4.1%
2.4%
RIG
More free cash flow
RIG
RIG
$428.6B more FCF
RIG
$321.0M
$-428.3B
SON
Faster 2-yr revenue CAGR
RIG
RIG
Annualised
RIG
16.9%
1.2%
SON

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
RIG
RIG
SON
SON
Revenue
$1.0B
$1.7B
Net Profit
$25.0M
$68.0M
Gross Margin
42.0%
20.6%
Operating Margin
23.0%
7.6%
Net Margin
2.4%
4.1%
Revenue YoY
9.6%
-1.9%
Net Profit YoY
257.1%
24.1%
EPS (diluted)
$0.13
$0.68

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
RIG
RIG
SON
SON
Q1 26
$1.7B
Q4 25
$1.0B
$1.8B
Q3 25
$1.0B
$2.1B
Q2 25
$988.0M
$1.9B
Q1 25
$906.0M
$1.7B
Q4 24
$952.0M
Q3 24
$948.0M
$1.7B
Q2 24
$861.0M
$1.6B
Net Profit
RIG
RIG
SON
SON
Q1 26
$68.0M
Q4 25
$25.0M
$332.2M
Q3 25
$-1.9B
$122.9M
Q2 25
$-938.0M
$493.4M
Q1 25
$-79.0M
$54.4M
Q4 24
$7.0M
Q3 24
$-494.0M
$50.9M
Q2 24
$-123.0M
$90.8M
Gross Margin
RIG
RIG
SON
SON
Q1 26
20.6%
Q4 25
42.0%
19.6%
Q3 25
43.2%
21.9%
Q2 25
39.4%
21.3%
Q1 25
31.8%
20.7%
Q4 24
39.2%
Q3 24
40.6%
21.4%
Q2 24
38.0%
22.0%
Operating Margin
RIG
RIG
SON
SON
Q1 26
7.6%
Q4 25
23.0%
29.4%
Q3 25
-163.1%
9.1%
Q2 25
-97.6%
9.2%
Q1 25
7.1%
7.4%
Q4 24
13.7%
Q3 24
-51.2%
7.6%
Q2 24
-6.9%
8.6%
Net Margin
RIG
RIG
SON
SON
Q1 26
4.1%
Q4 25
2.4%
18.8%
Q3 25
-187.1%
5.8%
Q2 25
-94.9%
25.8%
Q1 25
-8.7%
3.2%
Q4 24
0.7%
Q3 24
-52.1%
3.0%
Q2 24
-14.3%
5.6%
EPS (diluted)
RIG
RIG
SON
SON
Q1 26
$0.68
Q4 25
$0.13
$3.33
Q3 25
$-2.00
$1.23
Q2 25
$-1.06
$4.96
Q1 25
$-0.11
$0.55
Q4 24
$-0.14
Q3 24
$-0.58
$0.51
Q2 24
$-0.15
$0.92

Balance Sheet & Financial Strength

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

Metric
RIG
RIG
SON
SON
Cash + ST InvestmentsLiquidity on hand
$620.0M
$224.5M
Total DebtLower is stronger
$5.2B
$3.5B
Stockholders' EquityBook value
$8.1B
$3.6B
Total Assets
$15.6B
$11.1B
Debt / EquityLower = less leverage
0.64×
0.97×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RIG
RIG
SON
SON
Q1 26
$224.5M
Q4 25
$620.0M
$378.4M
Q3 25
$833.0M
$244.9M
Q2 25
$377.0M
$329.8M
Q1 25
$263.0M
$181.8M
Q4 24
$560.0M
Q3 24
$435.0M
$1.9B
Q2 24
$475.0M
$140.2M
Total Debt
RIG
RIG
SON
SON
Q1 26
$3.5B
Q4 25
$5.2B
$3.8B
Q3 25
$4.8B
$3.8B
Q2 25
$5.9B
$5.0B
Q1 25
$5.9B
$5.0B
Q4 24
$6.2B
Q3 24
$6.5B
$4.3B
Q2 24
$6.8B
$2.5B
Stockholders' Equity
RIG
RIG
SON
SON
Q1 26
$3.6B
Q4 25
$8.1B
$3.6B
Q3 25
$8.1B
$3.3B
Q2 25
$9.4B
$3.2B
Q1 25
$10.2B
$2.4B
Q4 24
$10.3B
Q3 24
$10.2B
$2.5B
Q2 24
$10.7B
$2.4B
Total Assets
RIG
RIG
SON
SON
Q1 26
$11.1B
Q4 25
$15.6B
$11.2B
Q3 25
$16.2B
$11.7B
Q2 25
$17.8B
$12.0B
Q1 25
$19.0B
$12.7B
Q4 24
$19.4B
Q3 24
$19.5B
$9.0B
Q2 24
$20.3B
$7.2B
Debt / Equity
RIG
RIG
SON
SON
Q1 26
0.97×
Q4 25
0.64×
1.05×
Q3 25
0.60×
1.15×
Q2 25
0.63×
1.54×
Q1 25
0.58×
2.03×
Q4 24
0.60×
Q3 24
0.64×
1.74×
Q2 24
0.63×
1.04×

Cash Flow & Capital Efficiency

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

Metric
RIG
RIG
SON
SON
Operating Cash FlowLast quarter
$349.0M
Free Cash FlowOCF − Capex
$321.0M
$-428.3B
FCF MarginFCF / Revenue
30.8%
-25554.2%
Capex IntensityCapex / Revenue
2.7%
3601.4%
Cash ConversionOCF / Net Profit
13.96×
TTM Free Cash FlowTrailing 4 quarters
$626.0M
$-427.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RIG
RIG
SON
SON
Q1 26
Q4 25
$349.0M
$412.9M
Q3 25
$246.0M
$291.5M
Q2 25
$128.0M
$193.4M
Q1 25
$26.0M
$-208.1M
Q4 24
$206.0M
Q3 24
$194.0M
$162.1M
Q2 24
$133.0M
$109.3M
Free Cash Flow
RIG
RIG
SON
SON
Q1 26
$-428.3B
Q4 25
$321.0M
$322.3M
Q3 25
$235.0M
$225.6M
Q2 25
$104.0M
$98.6M
Q1 25
$-34.0M
$-300.8M
Q4 24
$177.0M
Q3 24
$136.0M
$70.5M
Q2 24
$49.0M
$16.0M
FCF Margin
RIG
RIG
SON
SON
Q1 26
-25554.2%
Q4 25
30.8%
18.2%
Q3 25
22.9%
10.6%
Q2 25
10.5%
5.2%
Q1 25
-3.8%
-17.6%
Q4 24
18.6%
Q3 24
14.3%
4.2%
Q2 24
5.7%
1.0%
Capex Intensity
RIG
RIG
SON
SON
Q1 26
3601.4%
Q4 25
2.7%
5.1%
Q3 25
1.1%
3.1%
Q2 25
2.4%
5.0%
Q1 25
6.6%
5.4%
Q4 24
3.0%
Q3 24
6.1%
5.5%
Q2 24
9.8%
5.7%
Cash Conversion
RIG
RIG
SON
SON
Q1 26
Q4 25
13.96×
1.24×
Q3 25
2.37×
Q2 25
0.39×
Q1 25
-3.82×
Q4 24
29.43×
Q3 24
3.18×
Q2 24
1.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RIG
RIG

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

SON
SON

Consumer Packaging$1.1B65%
Industrial Paper Packaging$579.4M35%
All Other$55.1M3%

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