See more : Yamana Gold Inc. (AUY) Income Statement Analysis – Financial Results
Complete financial analysis of Valaris Limited (VAL) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Valaris Limited, a leading company in the Oil & Gas Equipment & Services industry within the Energy sector.
You may be interested
- Monalisa Co., Ltd (012690.KS) Income Statement Analysis – Financial Results
- Taiwan Pcb Techvest Co., Ltd. (8213.TW) Income Statement Analysis – Financial Results
- Charles & Colvard, Ltd. (CTHR) Income Statement Analysis – Financial Results
- Enghouse Systems Limited (EGHSF) Income Statement Analysis – Financial Results
- Picton Property Income Limited (PCTN.L) Income Statement Analysis – Financial Results
Valaris Limited (VAL)
About Valaris Limited
Valaris Limited provides offshore contract drilling services to the international oil and gas industry. The company owns an offshore drilling rig fleet of 56 rigs, which include 11 drillships, 4 dynamically positioned semisubmersible rigs, 1 moored semisubmersible rig, and 40 jackup rigs. It serves international, government-owned, and independent oil and gas companies in the Gulf of Mexico, the North Sea, the Middle East, West Africa, Australia, and Southeast Asia. The company was incorporated in 2009 and is based in Hamilton, Bermuda.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.78B | 1.60B | 1.23B | 1.43B | 2.05B | 1.71B | 1.84B | 2.78B | 4.06B | 4.56B | 4.32B | 3.64B | 2.84B | 1.70B | 1.95B | 2.45B | 2.14B | 1.81B | 1.05B | 768.00M | 790.80M | 698.10M | 817.40M | 533.80M | 363.70M | 813.20M | 815.10M | 468.80M | 279.10M | 262.00M | 246.20M |
| Cost of Revenue | 1.64B | 1.47B | 1.30B | 2.01B | 2.42B | 1.80B | 1.63B | 1.73B | 2.42B | 2.08B | 1.95B | 1.64B | 1.47B | 768.10M | 725.50M | 800.50M | 684.10M | 576.70M | 454.40M | 425.50M | 452.90M | 389.70M | 358.90M | 290.60M | 250.80M | 329.10M | 306.70M | 227.30M | 156.00M | 147.10M | 154.60M |
| Gross Profit | 139.50M | 128.10M | -66.00M | -584.00M | -364.30M | -94.10M | 208.90M | 1.04B | 1.64B | 2.49B | 2.38B | 2.00B | 1.37B | 928.70M | 1.22B | 1.65B | 1.46B | 1.24B | 592.50M | 342.50M | 337.90M | 308.40M | 458.50M | 243.20M | 112.90M | 484.10M | 508.40M | 241.50M | 123.10M | 114.90M | 91.60M |
| Gross Profit Ratio | 7.82% | 7.99% | -5.36% | -40.92% | -17.74% | -5.52% | 11.33% | 37.54% | 40.43% | 54.50% | 54.96% | 54.85% | 48.26% | 54.73% | 62.72% | 67.33% | 68.09% | 68.20% | 56.60% | 44.60% | 42.73% | 44.18% | 56.09% | 45.56% | 31.04% | 59.53% | 62.37% | 51.51% | 44.11% | 43.85% | 37.21% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 99.30M | 80.90M | 88.00M | 214.60M | 188.90M | 102.70M | 106.20M | 100.80M | 118.40M | 131.90M | 146.80M | 148.90M | 158.60M | 86.10M | 64.00M | 53.80M | 59.50M | 44.60M | 25.80M | 26.30M | 22.00M | 18.60M | 16.80M | 13.30M | 11.20M | 15.40M | 14.30M | 11.00M | 9.60M | 9.30M | 11.70M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 32.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 99.30M | 80.90M | 88.00M | 214.60M | 188.90M | 102.70M | 138.40M | 100.80M | 118.40M | 131.90M | 146.80M | 148.90M | 158.60M | 86.10M | 64.00M | 53.80M | 59.50M | 44.60M | 25.80M | 26.30M | 22.00M | 18.60M | 16.80M | 13.30M | 11.20M | 15.40M | 14.30M | 11.00M | 9.60M | 9.30M | 11.70M |
| Other Expenses | 0.00 | 169.90M | -3.54B | -118.10M | 1.01B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 418.90M | 216.30M | 205.90M | 189.50M | 184.30M | 175.00M | 154.80M | 144.10M | 135.00M | 183.70M | 124.40M | 105.70M | 108.20M | 93.60M | 113.40M | 86.20M | 61.80M | 57.40M | 32.80M |
| Operating Expenses | 99.30M | 80.90M | 88.00M | 96.50M | 188.90M | 102.70M | 138.40M | 100.80M | 118.40M | 4.89B | 600.90M | 590.50M | 577.50M | 302.40M | 269.90M | 243.30M | 243.80M | 219.60M | 180.60M | 170.40M | 157.00M | 202.30M | 141.20M | 119.00M | 119.40M | 109.00M | 127.70M | 97.20M | 71.40M | 66.70M | 44.50M |
| Cost & Expenses | 1.73B | 1.56B | 1.39B | 2.11B | 2.61B | 1.90B | 1.77B | 1.83B | 2.54B | 6.96B | 2.55B | 2.23B | 2.05B | 1.07B | 995.40M | 1.04B | 927.90M | 796.30M | 635.00M | 595.90M | 609.90M | 592.00M | 500.10M | 402.60M | 360.20M | 428.00M | 425.80M | 320.10M | 223.90M | 210.50M | 210.10M |
| Interest Income | 101.40M | 65.50M | 0.00 | 19.70M | 28.10M | 14.50M | 25.80M | 13.80M | 9.90M | 13.00M | 16.60M | 22.80M | 17.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 700.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 68.90M | 45.30M | 0.00 | 290.60M | 428.30M | 282.70M | 224.20M | 228.80M | 216.30M | 161.40M | 158.80M | 123.60M | 95.90M | 700.00K | 2.20M | 14.00M | 1.00M | 16.00M | 28.00M | 36.00M | 36.00M | 31.00M | 32.00M | -6.30M | 300.00K | -11.10M | -14.00M | -16.40M | -10.10M | -6.80M | 2.80M |
| Depreciation & Amortization | 101.10M | 91.20M | 225.70M | 554.40M | 610.60M | 479.70M | 445.70M | 446.20M | 573.40M | 530.00M | 467.80M | 410.20M | 418.90M | 216.30M | 205.90M | 189.50M | 184.30M | 175.00M | 154.80M | 144.10M | 135.00M | 123.80M | 124.40M | 98.70M | 98.20M | 83.50M | 104.80M | 81.80M | 58.40M | 54.20M | 30.10M |
| EBITDA | 254.20M | 361.40M | -4.18B | -4.26B | 985.80M | 223.30M | 473.70M | 1.67B | -682.10M | -2.40B | 2.20B | 2.15B | 1.23B | 892.20M | 1.17B | 1.62B | 1.45B | 1.21B | 574.80M | 326.50M | 293.30M | 172.00M | 358.00M | 187.00M | 96.40M | 450.10M | 462.50M | 204.80M | 99.80M | 88.40M | 55.30M |
| EBITDA Ratio | 14.25% | 24.29% | 48.94% | -7.40% | 51.69% | 16.59% | 28.01% | 49.98% | 51.63% | 51.44% | 50.91% | 49.84% | 43.84% | 52.60% | 58.87% | 65.06% | 67.09% | 65.99% | 55.59% | 38.40% | 37.09% | 33.68% | 51.71% | 40.76% | 26.51% | 55.35% | 56.74% | 43.69% | 35.76% | 33.74% | 22.46% |
| Operating Income | 53.50M | 307.10M | -902.00M | -4.33B | 468.50M | -196.80M | 70.50M | 941.50M | 1.52B | 1.82B | 1.73B | 1.40B | 794.30M | 626.30M | 950.50M | 1.41B | 1.22B | 1.02B | 411.90M | 172.10M | 180.90M | 106.10M | 317.30M | 131.20M | 3.50M | 385.20M | 389.30M | 148.70M | 55.20M | 51.50M | 36.20M |
| Operating Income Ratio | 3.00% | 19.16% | -73.21% | -303.71% | 22.82% | -11.54% | 3.83% | 33.91% | 37.52% | 39.82% | 40.09% | 38.56% | 27.94% | 36.91% | 48.85% | 57.40% | 56.72% | 56.09% | 39.34% | 22.41% | 22.88% | 15.20% | 38.82% | 24.58% | 0.96% | 47.37% | 47.76% | 31.72% | 19.78% | 19.66% | 14.70% |
| Total Other Income/Expenses | 30.70M | -82.20M | -4.30B | -782.50M | -532.30M | -342.10M | -266.50M | 56.00M | -227.70M | -147.90M | -100.10M | 63.30M | -57.70M | 18.20M | 8.80M | -4.20M | 37.80M | -5.90M | -20.70M | -32.60M | -31.60M | -19.00M | -51.30M | -6.00M | 1.70M | -2.70M | -13.50M | -6.00M | -7.90M | -7.60M | -6.60M |
| Income Before Tax | 84.20M | 224.90M | -4.44B | -5.12B | -63.80M | -538.90M | -196.00M | 997.50M | -1.47B | -2.55B | 1.63B | 1.30B | 736.60M | 644.50M | 959.30M | 1.40B | 1.25B | 1.01B | 391.20M | 139.50M | 149.30M | 87.10M | 291.90M | 125.20M | 5.20M | 382.50M | 375.80M | 142.70M | 47.30M | 43.90M | 29.60M |
| Income Before Tax Ratio | 4.72% | 14.03% | -360.39% | -358.53% | -3.11% | -31.60% | -10.63% | 35.93% | -36.21% | -55.84% | 37.78% | 35.86% | 25.91% | 37.98% | 49.30% | 57.23% | 58.48% | 55.77% | 37.37% | 18.16% | 18.88% | 12.48% | 35.71% | 23.45% | 1.43% | 47.04% | 46.10% | 30.44% | 16.95% | 16.76% | 12.02% |
| Income Tax Expense | -782.60M | 43.10M | 53.00M | -259.40M | 128.40M | 89.60M | 109.20M | 108.50M | -13.90M | 140.50M | 203.10M | 228.60M | 131.00M | 96.00M | 158.00M | 240.00M | 261.00M | 236.00M | 105.00M | 12.00M | 14.00M | 21.00M | 59.00M | 39.80M | -2.90M | 123.80M | 137.80M | 44.00M | 3.40M | 3.80M | 5.90M |
| Net Income | 865.40M | 176.50M | -4.49B | -4.86B | -192.20M | -641.20M | -304.50M | 872.50M | -1.60B | -2.71B | 1.41B | 1.06B | 600.40M | 579.50M | 779.40M | 1.15B | 992.00M | 769.70M | 294.20M | 102.80M | 108.30M | 59.30M | 207.30M | 85.40M | 6.70M | 253.90M | 233.90M | 95.40M | 48.10M | 37.20M | 16.50M |
| Net Income Ratio | 48.50% | 11.01% | -364.69% | -340.36% | -9.36% | -37.60% | -16.52% | 31.43% | -39.40% | -59.40% | 32.50% | 29.04% | 21.12% | 34.15% | 40.05% | 46.96% | 46.27% | 42.44% | 28.10% | 13.39% | 13.69% | 8.49% | 25.36% | 16.00% | 1.84% | 31.22% | 28.70% | 20.35% | 17.23% | 14.20% | 6.70% |
| EPS | 11.68 | 2.35 | -59.91 | -24.42 | -1.11 | -1.48 | -0.92 | 3.13 | -6.90 | -46.83 | 24.32 | 18.43 | 12.46 | 16.42 | 22.21 | 32.42 | 26.96 | 20.15 | 7.72 | 2.73 | 2.89 | 1.68 | 6.01 | 2.45 | 0.19 | 7.21 | 6.55 | 2.86 | 1.59 | 1.29 | 0.82 |
| EPS Diluted | 11.51 | 2.33 | -59.91 | -24.42 | -1.11 | -1.48 | -0.92 | 3.13 | -6.90 | -46.83 | 24.32 | 18.40 | 12.46 | 16.42 | 22.21 | 32.42 | 26.96 | 20.15 | 7.72 | 2.73 | 2.89 | 1.68 | 6.01 | 2.45 | 0.19 | 7.21 | 6.55 | 2.86 | 1.59 | 1.29 | 0.82 |
| Weighted Avg Shares Out | 74.10M | 75.10M | 75.00M | 198.90M | 173.40M | 434.10M | 332.50M | 279.10M | 232.20M | 57.90M | 57.78M | 57.35M | 48.20M | 35.30M | 35.10M | 35.50M | 36.80M | 38.20M | 38.10M | 37.70M | 37.50M | 35.40M | 34.50M | 34.80M | 34.40M | 35.20M | 35.70M | 33.30M | 30.20M | 28.90M | 20.20M |
| Weighted Avg Shares Out (Dil) | 75.20M | 75.60M | 75.00M | 198.90M | 173.40M | 434.10M | 332.50M | 279.10M | 232.20M | 57.90M | 57.78M | 57.43M | 48.20M | 35.30M | 35.10M | 35.50M | 36.80M | 38.20M | 38.10M | 37.70M | 37.50M | 35.40M | 34.50M | 34.80M | 34.40M | 35.20M | 35.70M | 33.30M | 30.20M | 28.90M | 20.20M |
Valaris: Attractive Price To Position For Long-Term Offshore Recovery
Valaris, a leading offshore driller, has a strong financial position but faces near-term challenges due to idle rigs and deferred oil company CapEx. Despite reduced 2024 EBITDA guidance, long-term prospects remain positive, with expected offshore oil production growth and potential...
Valaris Limited (VAL) Q3 2024 Earnings Call Transcript
Valaris Limited (NYSE:VAL ) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Nick Georgas - Vice President, Treasurer & Investor Relations Anton Dibowitz - President & Chief Executive Officer Matt Lyne - Senior Vice President...
Valaris Limited (VAL) Misses Q3 Earnings Estimates
Valaris Limited (VAL) came out with quarterly earnings of $0.88 per share, missing the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $0.17 per share a year ago.
4 High Earnings Yield Picks to Supercharge Your Portfolio Value
Unlock your portfolio value with high earnings yield stocks like SUZ, COOP, IAG and VAL.
Valaris Schedules Third Quarter 2024 Earnings Release and Conference Call
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Schedules Third Quarter 2024 Earnings Release and Conference Call.
3 Resilient Stocks in the Oil and Gas Drilling Industry
Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like VAL, HP and NBR.
Equinor Secures Key Suppliers for $9B Gas Project Offshore Brazil
EQNR has secured key suppliers for its $9 billion Raia gas project in Brazil, aiming to meet 15% of the country's gas requirements. The project is slated to begin production in 2028.
Valaris to Present at the Barclays CEO Energy-Power Conference
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Limited (NYSE: VAL) ("Valaris" or the "Company") today announced that President and Chief Executive Officer Anton Dibowitz will present at the Barclays CEO Energy-Power Conference in New York City on Tuesday, September 3, 2024, beginning at 1:50...
These offshore oil drillers look like bargain stocks as the industry recovers
The energy sector has been the best performer among the 11 sectors of the S&P 500 over the past three years, but investors remain wary of oil and natural-gas producers and the companies that service them.
Valaris: Good Quarter, But Near-Term Outlook Disappoints - Buy
Valaris reported strong Q2 results, with revenue and adjusted EBITDA hitting multi-year highs. Free cash flow remained negative due to a combination of higher working capital requirements and elevated capital expenditures. Despite the strong Q2 performance, management lowered full-year expectations...
Source: https://incomestatements.info
Category: Stock Reports