Valaris Ltd financials
Source: EDGAR filings · Built 2026-06-02T04:18:22Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 202.70M | -99.70M | -428.60M | -80.00M | -76.50M | -345.50M |
| EBITDA | 623.30M | 474.40M | 154.60M | 128.40M | 58.80M | -3.79B |
| Working Capital | 533.70M | 399.20M | 527.90M | 841.80M | 784.60M | 746.10M |
| Net Debt | 559.50M | 799.40M | 534.90M | -158.50M | -40.90M | -288.50M |
| Gross Margin | -13594.96% | -18242.71% | -18276.19% | -14934.78% | -28864.00% | — |
| Operating Margin | 4008.40% | 3669.79% | 636.90% | 404.35% | -292.00% | -303.71% |
| Net Margin | 8258.82% | 3889.58% | 10302.38% | 1918.48% | -1096.00% | -340.21% |
| Return on Equity (ROE) | 31.01% | 16.68% | 43.54% | 13.68% | -2.55% | -110.99% |
| Return on Assets (ROA) | 18.53% | 8.45% | 20.02% | 6.17% | -1.05% | -37.72% |
| Current Ratio | 1.77× | 1.59× | 1.71× | 2.67× | 2.86× | 2.75× |
| Debt-to-Equity | 0.37× | 0.52× | 0.58× | 0.44× | 0.53× | 0.01× |
| Effective Tax Rate | -77.28% | 0.11% | -929.45% | 19.16% | 284.38% | 5.07% |
| Cash Conversion Ratio | 0.56× | 0.95× | 0.31× | 0.72× | 0.96× | 0.05× |
| Accruals Ratio | 0.08× | 0.00× | 0.14× | 0.02× | -0.00× | -0.36× |
| SBC % of Revenue | 211.76% | 288.54% | 325.00% | 189.13% | 172.00% | 1.50% |
| CapEx Coverage | 1.59× | 0.78× | 0.38× | 0.61× | -0.52× | -2.68× |
| Free Cash Flow Per Share | $2.86 | $-1.37 | $-5.70 | $-1.06 | $-0.38 | $-1.74 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 3.64× | 8.64× | 5.96× | 29.02× | — | — |
| P/FCF | 17.63× | — | — | — | — | — |
| FCF Yield | 5.67% | — | — | — | — | — |
| EV / EBITDA | 6.49× | 8.31× | 35.57× | 38.37× | 45.22× | — |
| P/S | 293.08× | 327.19× | 591.01× | 552.72× | 1080.00× | — |
| P/B | 1.10× | 1.40× | 2.50× | 3.94× | 2.51× | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 11.90M | 9.60M | 8.40M | 9.20M | 2.50M | — |
| Revenues | 2.37B | 2.36B | 1.78B | 1.60B | 835.00M | 1.43B |
| Cost of Goods and Services Sold | 1.63B | 1.76B | 1.54B | 1.38B | 724.10M | — |
| Operating Expenses | — | — | — | 1.38B | 724.10M | 1.47B |
| Operating Income (Loss) | 477.00M | 352.30M | 53.50M | 37.20M | -7.30M | -4.33B |
| Income Tax Expense (Benefit) | -426.80M | 400.00K | -782.60M | 43.10M | 36.40M | -259.40M |
| Net Income (Loss) Attributable to Parent | 982.80M | 373.40M | 865.40M | 176.50M | -27.40M | -4.86B |
| Earnings Per Share, Basic | $13.92 | $5.18 | $11.68 | $2.35 | $-0.37 | $-24.42 |
| Weighted Average Number of Shares Outstanding, Basic | 70.60M | 72.10M | 74.10M | 75.10M | 75.00M | 198.90M |
| Earnings Per Share, Diluted | $13.86 | $5.12 | $11.51 | $2.33 | $-0.37 | $-24.42 |
| Weighted Average Number of Shares Outstanding, Diluted | 70.90M | 72.90M | 75.20M | 75.60M | 199.60M | 198.90M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 599.40M | 368.20M | 620.50M | 724.10M | 608.70M | 325.80M |
| Assets, Current | 1.23B | 1.08B | 1.27B | 1.35B | 1.21B | 1.17B |
| Assets | 5.30B | 4.42B | 4.32B | 2.86B | 2.60B | 12.87B |
| Liabilities, Current | 691.60M | 679.50M | 744.30M | 504.40M | 422.00M | 426.80M |
| Long-term Debt, Excluding Current Maturities | 1.09B | 1.08B | 1.08B | 542.40M | 545.30M | 0 |
| Liabilities | 2.13B | 2.18B | 2.33B | 1.56B | — | — |
| Stockholders' Equity Attributable to Parent | 3.17B | 2.24B | 1.99B | 1.29B | 1.07B | 4.37B |
| Common Stock, Shares, Outstanding | 69.20M | 71.00M | 72.40M | 75.20M | — | — |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 546.20M | 355.40M | 267.50M | 127.00M | -26.30M | -251.70M |
| Payments to Acquire Property, Plant, and Equipment | 343.50M | 455.10M | 696.10M | 207.00M | 50.20M | 93.80M |
| Net Cash Provided by (Used in) Investing Activities | -205.60M | -452.30M | -665.80M | -16.70M | -25.10M | -42.00M |
| Payments for Repurchase of Common Stock | 100.00M | 126.40M | 198.60M | 0 | 0 | — |
| Net Cash Provided by (Used in) Financing Activities | -103.60M | -158.30M | 285.50M | -6.40M | 0 | 522.20M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -25.90M | -34.10M | 236.80M | 108.50M | 55.70M | 12.90M |
| Working Capital | 427.20M | 533.70M | 625.60M | 548.70M | 463.20M | 399.20M |
| Net Debt | 576.30M | 559.50M | 501.00M | 666.40M | 721.30M | 799.40M |
| Gross Margin | -4878.67% | -7850.00% | -5953.73% | -35872.73% | -103650.00% | 24529.41% |
| Operating Margin | 266.67% | 757.69% | 1947.76% | 14918.18% | 35750.00% | -7011.76% |
| Net Margin | -218.67% | 13798.08% | 2807.46% | 10463.64% | -9475.00% | -7864.71% |
| Return on Equity (ROE) | -0.52% | 22.64% | 7.68% | 4.94% | -1.72% | 5.97% |
| Return on Assets (ROA) | -0.31% | 13.53% | 4.06% | 2.56% | -0.86% | 3.02% |
| Current Ratio | 1.55× | 1.77× | 1.87× | 1.81× | 1.67× | 1.59× |
| Debt-to-Equity | 0.37× | 0.37× | 0.48× | 0.50× | 0.53× | 0.52× |
| Effective Tax Rate | 273.08% | -1869.23% | 13.25% | 21.62% | 125.41% | -5.49% |
| Cash Conversion Ratio | -4.57× | 0.10× | 2.52× | 2.40× | -4.11× | 0.93× |
| Accruals Ratio | -0.02× | 0.12× | -0.06× | -0.04× | -0.04× | 0.00× |
| SBC % of Revenue | 85.33% | 130.77% | 274.63% | 1054.55% | 1400.00% | -311.76% |
| CapEx Coverage | 0.74× | 0.68× | 2.00× | 1.65× | 1.56× | 1.12× |
| Free Cash Flow Per Share | $-0.37 | $-0.48 | $3.34 | $1.52 | $0.78 | $0.18 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 6.93× | 3.64× | 8.72× | 11.02× | 9.26× | 8.64× |
| P/B | 2.15× | 1.10× | 1.39× | 1.29× | 1.26× | 1.40× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 7.50M | 5.20M | 6.70M | 1.10M | 400.00K | -1.70M |
| Revenues | 465.40M | 537.40M | 595.70M | 615.20M | 620.70M | 584.40M |
| Cost of Goods and Services Sold | 373.40M | 413.40M | 405.60M | 395.70M | 415.00M | 415.30M |
| Operating Income (Loss) | 20.00M | 39.40M | 130.50M | 164.10M | 143.00M | 119.20M |
| Income Tax Expense (Benefit) | 28.40M | -680.40M | 28.60M | 31.50M | 193.50M | -6.80M |
| Net Income (Loss) Attributable to Parent | -16.40M | 717.50M | 188.10M | 115.10M | -37.90M | 133.70M |
| Earnings Per Share, Basic | $-0.24 | $10.18 | $2.66 | $1.62 | $-0.53 | $1.87 |
| Weighted Average Number of Shares Outstanding, Basic | 69.20M | 70.60M | 70.70M | 71.10M | 71.00M | 72.10M |
| Earnings Per Share, Diluted | $-0.24 | $10.13 | $2.65 | $1.61 | $-0.53 | $1.86 |
| Weighted Average Number of Shares Outstanding, Diluted | 69.20M | 70.90M | 71.00M | 71.30M | 71.00M | 72.90M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 578.30M | 599.40M | 662.70M | 503.40M | 441.40M | 368.20M |
| Assets, Current | 1.20B | 1.23B | 1.34B | 1.23B | 1.16B | 1.08B |
| Assets | 5.36B | 5.30B | 4.64B | 4.50B | 4.39B | 4.42B |
| Liabilities, Current | 777.70M | 691.60M | 718.00M | 678.70M | 694.60M | 679.50M |
| Long-term Debt, Excluding Current Maturities | 1.09B | 1.09B | 1.09B | 1.08B | 1.08B | 1.08B |
| Liabilities | 2.20B | 2.13B | 2.19B | 2.17B | 2.18B | 2.18B |
| Stockholders' Equity Attributable to Parent | 3.16B | 3.17B | 2.45B | 2.33B | 2.21B | 2.24B |
| Common Stock, Shares, Outstanding | 69.30M | 69.20M | 69.70M | 71.10M | 71.10M | 71.00M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 75.00M | 72.20M | 474.00M | 275.90M | 155.90M | 124.60M |
| Payments to Acquire Property, Plant, and Equipment | 100.90M | 106.30M | 237.20M | 167.40M | 100.20M | 111.70M |
| Net Cash Provided by (Used in) Investing Activities | -95.70M | -104.70M | -100.90M | -139.80M | -82.40M | -109.10M |
| Payments for Repurchase of Common Stock | — | 25.00M | 75.00M | — | — | 25.00M |
| Net Cash Provided by (Used in) Financing Activities | -1.40M | -25.50M | -78.10M | -400.00K | -300.00K | -27.20M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (VAL CIK 0000314808),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.