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Side-by-side financial comparison of Seadrill Ltd (SDRL) and UDR, Inc. (UDR). Click either name above to swap in a different company.
UDR, Inc. is the larger business by last-quarter revenue ($425.8M vs $273.0M, roughly 1.6× Seadrill Ltd). UDR, Inc. runs the higher net margin — 44.6% vs -3.7%, a 48.2% gap on every dollar of revenue. Over the past eight quarters, UDR, Inc.'s revenue compounded faster (1.3% CAGR vs -8.9%).
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.
UDR, Inc. is a leading U.S.-headquartered real estate investment trust specializing in owning, operating, and redeveloping high-quality multifamily residential apartment communities. It operates across major U.S. metropolitan markets, catering to a diverse tenant base including young professionals, families, and middle-to-high income households.
SDRL vs UDR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $273.0M | $425.8M |
| Net Profit | $-10.0M | $189.8M |
| Gross Margin | — | — |
| Operating Margin | -1.1% | 54.0% |
| Net Margin | -3.7% | 44.6% |
| Revenue YoY | — | 0.9% |
| Net Profit YoY | — | 147.2% |
| EPS (diluted) | — | $0.63 |
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.
| Q1 26 | — | $425.8M | ||
| Q4 25 | $273.0M | $433.1M | ||
| Q3 25 | $280.0M | $431.9M | ||
| Q2 25 | $288.0M | $425.4M | ||
| Q1 25 | $248.0M | $421.9M | ||
| Q4 24 | — | $422.7M | ||
| Q3 24 | $263.0M | $420.2M | ||
| Q2 24 | $267.0M | $415.3M |
| Q1 26 | — | $189.8M | ||
| Q4 25 | $-10.0M | $222.9M | ||
| Q3 25 | $-11.0M | $40.4M | ||
| Q2 25 | $-42.0M | $37.7M | ||
| Q1 25 | $-14.0M | $76.7M | ||
| Q4 24 | — | $-5.0M | ||
| Q3 24 | $32.0M | $22.6M | ||
| Q2 24 | $253.0M | $28.9M |
| Q1 26 | — | 54.0% | ||
| Q4 25 | -1.1% | 64.1% | ||
| Q3 25 | 9.3% | 17.7% | ||
| Q2 25 | 2.1% | 18.2% | ||
| Q1 25 | 7.3% | 29.0% | ||
| Q4 24 | — | 15.7% | ||
| Q3 24 | 17.9% | 16.6% | ||
| Q2 24 | — | 16.5% |
| Q1 26 | — | 44.6% | ||
| Q4 25 | -3.7% | 51.5% | ||
| Q3 25 | -3.9% | 9.4% | ||
| Q2 25 | -14.6% | 8.9% | ||
| Q1 25 | -5.6% | 18.2% | ||
| Q4 24 | — | -220.5% | ||
| Q3 24 | 12.2% | 5.4% | ||
| Q2 24 | 94.8% | 7.0% |
| Q1 26 | — | $0.63 | ||
| Q4 25 | — | $0.67 | ||
| Q3 25 | $-0.17 | $0.12 | ||
| Q2 25 | $-0.68 | $0.11 | ||
| Q1 25 | $-0.23 | $0.23 | ||
| Q4 24 | — | $-0.01 | ||
| Q3 24 | $0.49 | $0.06 | ||
| Q2 24 | $3.49 | $0.08 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $339.0M | $1.3M |
| Total DebtLower is stronger | $613.0M | — |
| Stockholders' EquityBook value | $2.9B | $3.3B |
| Total Assets | $3.9B | $10.3B |
| Debt / EquityLower = less leverage | 0.21× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.3M | ||
| Q4 25 | $339.0M | $1.2M | ||
| Q3 25 | $402.0M | $1.2M | ||
| Q2 25 | $393.0M | $1.5M | ||
| Q1 25 | $404.0M | $1.3M | ||
| Q4 24 | — | $1.3M | ||
| Q3 24 | — | $2.3M | ||
| Q2 24 | $835.0M | $2.8M |
| Q1 26 | — | — | ||
| Q4 25 | $613.0M | $5.8B | ||
| Q3 25 | $612.0M | $5.8B | ||
| Q2 25 | $612.0M | $5.8B | ||
| Q1 25 | $611.0M | $5.8B | ||
| Q4 24 | — | $5.8B | ||
| Q3 24 | — | $5.9B | ||
| Q2 24 | $609.0M | $5.8B |
| Q1 26 | — | $3.3B | ||
| Q4 25 | $2.9B | $3.3B | ||
| Q3 25 | $2.9B | $3.3B | ||
| Q2 25 | $2.9B | $3.3B | ||
| Q1 25 | $2.9B | $3.3B | ||
| Q4 24 | — | $3.4B | ||
| Q3 24 | $2.9B | $3.5B | ||
| Q2 24 | $3.1B | $3.7B |
| Q1 26 | — | $10.3B | ||
| Q4 25 | $3.9B | $10.6B | ||
| Q3 25 | $4.1B | $10.6B | ||
| Q2 25 | $4.1B | $10.6B | ||
| Q1 25 | $4.1B | $10.7B | ||
| Q4 24 | — | $10.9B | ||
| Q3 24 | — | $11.1B | ||
| Q2 24 | $4.3B | $11.1B |
| Q1 26 | — | — | ||
| Q4 25 | 0.21× | 1.77× | ||
| Q3 25 | 0.21× | 1.78× | ||
| Q2 25 | 0.21× | 1.74× | ||
| Q1 25 | 0.21× | 1.74× | ||
| Q4 24 | — | 1.69× | ||
| Q3 24 | — | 1.67× | ||
| Q2 24 | 0.20× | 1.55× |
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 | $-40.0M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 4.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-40.0M | $902.9M | ||
| Q3 25 | $28.0M | $234.9M | ||
| Q2 25 | $11.0M | $250.3M | ||
| Q1 25 | $-27.0M | $156.2M | ||
| Q4 24 | — | $876.8M | ||
| Q3 24 | $-27.0M | $230.3M | ||
| Q2 24 | $79.0M | $238.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $650.0M | ||
| Q3 25 | — | $164.6M | ||
| Q2 25 | — | $190.1M | ||
| Q1 25 | — | $103.2M | ||
| Q4 24 | — | $627.0M | ||
| Q3 24 | — | $161.3M | ||
| Q2 24 | — | $171.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | 150.1% | ||
| Q3 25 | — | 38.1% | ||
| Q2 25 | — | 44.7% | ||
| Q1 25 | — | 24.5% | ||
| Q4 24 | — | 148.3% | ||
| Q3 24 | — | 38.4% | ||
| Q2 24 | — | 41.2% |
| Q1 26 | — | 4.9% | ||
| Q4 25 | — | 58.4% | ||
| Q3 25 | — | 16.3% | ||
| Q2 25 | — | 14.2% | ||
| Q1 25 | — | 12.6% | ||
| Q4 24 | — | 59.1% | ||
| Q3 24 | — | 16.4% | ||
| Q2 24 | — | 16.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.05× | ||
| Q3 25 | — | 5.81× | ||
| Q2 25 | — | 6.64× | ||
| Q1 25 | — | 2.04× | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.84× | 10.19× | ||
| Q2 24 | 0.31× | 8.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SDRL
Segment breakdown not available.
UDR
| Rental income | $423.3M | 99% |
| Joint venture management and other fees | $2.5M | 1% |
