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Side-by-side financial comparison of Seadrill Ltd (SDRL) and Utz Brands, Inc. (UTZ). Click either name above to swap in a different company.

Utz Brands, Inc. is the larger business by last-quarter revenue ($341.0M vs $273.0M, roughly 1.2× Seadrill Ltd). Utz Brands, Inc. runs the higher net margin — 0.7% vs -3.7%, a 4.3% gap on every dollar of revenue. Over the past eight quarters, Utz Brands, Inc.'s revenue compounded faster (-1.5% 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.

Utz Brands, Inc., more commonly known as Utz, is an American snack food company based in Hanover, Pennsylvania. The company produces a variety of potato chips, pretzels, and other snacks, with most products sold under their family of brands. Utz is also a snack supplier to warehouse clubs and merchandisers.

SDRL vs UTZ — Head-to-Head

Bigger by revenue
UTZ
UTZ
1.2× larger
UTZ
$341.0M
$273.0M
SDRL
Higher net margin
UTZ
UTZ
4.3% more per $
UTZ
0.7%
-3.7%
SDRL
Faster 2-yr revenue CAGR
UTZ
UTZ
Annualised
UTZ
-1.5%
-8.9%
SDRL

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
SDRL
SDRL
UTZ
UTZ
Revenue
$273.0M
$341.0M
Net Profit
$-10.0M
$2.3M
Gross Margin
25.5%
Operating Margin
-1.1%
2.1%
Net Margin
-3.7%
0.7%
Revenue YoY
-3.1%
Net Profit YoY
108.3%
EPS (diluted)
$0.04

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
SDRL
SDRL
UTZ
UTZ
Q4 25
$273.0M
Q3 25
$280.0M
Q2 25
$288.0M
Q1 25
$248.0M
Q4 24
$341.0M
Q3 24
$263.0M
$365.5M
Q2 24
$267.0M
$356.2M
Q1 24
$275.0M
$346.5M
Net Profit
SDRL
SDRL
UTZ
UTZ
Q4 25
$-10.0M
Q3 25
$-11.0M
Q2 25
$-42.0M
Q1 25
$-14.0M
Q4 24
$2.3M
Q3 24
$32.0M
$-2.2M
Q2 24
$253.0M
$19.8M
Q1 24
$60.0M
$-4.0M
Gross Margin
SDRL
SDRL
UTZ
UTZ
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
25.5%
Q3 24
26.9%
Q2 24
26.7%
Q1 24
25.5%
Operating Margin
SDRL
SDRL
UTZ
UTZ
Q4 25
-1.1%
Q3 25
9.3%
Q2 25
2.1%
Q1 25
7.3%
Q4 24
2.1%
Q3 24
17.9%
5.3%
Q2 24
6.3%
Q1 24
29.1%
2.8%
Net Margin
SDRL
SDRL
UTZ
UTZ
Q4 25
-3.7%
Q3 25
-3.9%
Q2 25
-14.6%
Q1 25
-5.6%
Q4 24
0.7%
Q3 24
12.2%
-0.6%
Q2 24
94.8%
5.6%
Q1 24
21.8%
-1.2%
EPS (diluted)
SDRL
SDRL
UTZ
UTZ
Q4 25
Q3 25
$-0.17
Q2 25
$-0.68
Q1 25
$-0.23
Q4 24
$0.04
Q3 24
$0.49
$-0.03
Q2 24
$3.49
$0.23
Q1 24
$0.81
$-0.05

Balance Sheet & Financial Strength

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

Metric
SDRL
SDRL
UTZ
UTZ
Cash + ST InvestmentsLiquidity on hand
$339.0M
$56.1M
Total DebtLower is stronger
$613.0M
$768.6M
Stockholders' EquityBook value
$2.9B
$696.9M
Total Assets
$3.9B
$2.7B
Debt / EquityLower = less leverage
0.21×
1.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SDRL
SDRL
UTZ
UTZ
Q4 25
$339.0M
Q3 25
$402.0M
Q2 25
$393.0M
Q1 25
$404.0M
Q4 24
$56.1M
Q3 24
$64.9M
Q2 24
$835.0M
$66.6M
Q1 24
$47.0M
Total Debt
SDRL
SDRL
UTZ
UTZ
Q4 25
$613.0M
Q3 25
$612.0M
Q2 25
$612.0M
Q1 25
$611.0M
Q4 24
$768.6M
Q3 24
$780.8M
Q2 24
$609.0M
$797.6M
Q1 24
$756.9M
Stockholders' Equity
SDRL
SDRL
UTZ
UTZ
Q4 25
$2.9B
Q3 25
$2.9B
Q2 25
$2.9B
Q1 25
$2.9B
Q4 24
$696.9M
Q3 24
$2.9B
$685.7M
Q2 24
$3.1B
$686.0M
Q1 24
$2.9B
$671.1M
Total Assets
SDRL
SDRL
UTZ
UTZ
Q4 25
$3.9B
Q3 25
$4.1B
Q2 25
$4.1B
Q1 25
$4.1B
Q4 24
$2.7B
Q3 24
$2.6B
Q2 24
$4.3B
$2.7B
Q1 24
$2.6B
Debt / Equity
SDRL
SDRL
UTZ
UTZ
Q4 25
0.21×
Q3 25
0.21×
Q2 25
0.21×
Q1 25
0.21×
Q4 24
1.10×
Q3 24
1.14×
Q2 24
0.20×
1.16×
Q1 24
1.13×

Cash Flow & Capital Efficiency

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

Metric
SDRL
SDRL
UTZ
UTZ
Operating Cash FlowLast quarter
$-40.0M
$54.2M
Free Cash FlowOCF − Capex
$16.5M
FCF MarginFCF / Revenue
4.8%
Capex IntensityCapex / Revenue
11.1%
Cash ConversionOCF / Net Profit
23.67×
TTM Free Cash FlowTrailing 4 quarters
$7.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SDRL
SDRL
UTZ
UTZ
Q4 25
$-40.0M
Q3 25
$28.0M
Q2 25
$11.0M
Q1 25
$-27.0M
Q4 24
$54.2M
Q3 24
$-27.0M
$52.2M
Q2 24
$79.0M
$8.9M
Q1 24
$29.0M
$-9.1M
Free Cash Flow
SDRL
SDRL
UTZ
UTZ
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$16.5M
Q3 24
$29.1M
Q2 24
$-15.3M
Q1 24
$-22.7M
FCF Margin
SDRL
SDRL
UTZ
UTZ
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
4.8%
Q3 24
8.0%
Q2 24
-4.3%
Q1 24
-6.5%
Capex Intensity
SDRL
SDRL
UTZ
UTZ
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
11.1%
Q3 24
6.3%
Q2 24
6.8%
Q1 24
3.9%
Cash Conversion
SDRL
SDRL
UTZ
UTZ
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
23.67×
Q3 24
-0.84×
Q2 24
0.31×
0.45×
Q1 24
0.48×

Financial Flow Comparison

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

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