Valaris Ltd
VAL- Exchange
- NYSE
- Industry
- Drilling Oil & Gas Wells
- SEC CIK
- 0000314808
No open-market purchases or sales by Valaris Ltd insiders were filed in the last 90 days; 336 institutions reported holding it in 13F filings for Q2 2026, worth $4.56B in total; no superinvestor holds it.
Other share classesVAL.WT
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 5, 2026, 12:05 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2020 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2020 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 19, 2026 | Feb 19, 2025 | Feb 22, 2024 | Feb 21, 2023 | – |
| Revenue | $2.37B | $2.36B | $1.78B | $1.60B | $1.43B |
| Cost of revenue | $1.63B | $1.76B | $1.54B | – | – |
| Operating expenses | – | – | – | $1.38B | $1.47B |
| Selling, general and administrative | $97.1M | $116.3M | $99.3M | $80.9M | $214.6M |
| Operating income | $477.0M | $352.3M | $53.5M | $37.2M | -$4.33B |
| Interest expense | – | – | – | – | $290.6M |
| Income tax | -$426.8M | $400.0K | -$782.6M | $43.1M | -$259.4M |
| Net income | $982.8M | $373.4M | $865.4M | $176.5M | -$4.86B |
| EPS, basic | $13.92 | $5.18 | $11.68 | $2.35 | – |
| EPS, diluted | $13.86 | $5.12 | $11.51 | $2.33 | – |
| Weighted shares, basic | 70.6M | 72.1M | 74.1M | 75.1M | – |
| Weighted shares, diluted | 70.9M | 72.9M | 75.2M | 75.6M | – |
| Margins and growth | |||||
| Operating margin | 20.1% | 14.9% | 3.0% | 2.3% | -303.7% |
| Net margin | 41.5% | 15.8% | 48.5% | 11.0% | -340.2% |
| Revenue growth, year over year | +0.3% | +32.4% | +11.3% | – | −30.5% |
| Net income growth, year over year | +163.2% | −56.9% | +390.3% | – | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2020 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2020 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 19, 2026 | Feb 19, 2025 | Feb 22, 2024 | Feb 21, 2023 | – |
| Cash and equivalents | $599.4M | $368.2M | $620.5M | $724.1M | $325.8M |
| Accounts receivable | $474.8M | $571.2M | $459.3M | $449.1M | $449.2M |
| Inventory | – | – | – | – | $279.4M |
| Total current assets | $1.23B | $1.08B | $1.27B | $1.35B | $1.17B |
| Property, plant and equipment | $2.09B | $1.93B | $1.63B | $977.2M | $11.0B |
| Intangible assets | – | – | – | – | $2.40M |
| Total assets | $5.30B | $4.42B | $4.32B | $2.86B | $12.9B |
| Accounts payable | $348.2M | $328.5M | $400.1M | $256.5M | $176.4M |
| Short-term debt | – | – | – | – | $0 |
| Total current liabilities | $691.6M | $679.5M | $744.3M | $504.4M | $426.8M |
| Long-term debt | $1.09B | $1.08B | $1.08B | $542.4M | $0 |
| Total liabilities | $2.13B | $2.18B | $2.33B | – | – |
| Shareholders' equity | $3.17B | $2.24B | $2.00B | $1.30B | $4.37B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2020 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2020 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 19, 2026 | Feb 19, 2025 | Feb 22, 2024 | Feb 21, 2023 | – |
| Operating cash flow | $546.2M | $355.4M | $267.5M | $127.5M | -$251.7M |
| Capital expenditures | $343.5M | $455.1M | $696.1M | $207.0M | $93.8M |
| Free cash flow | $202.7M | -$99.7M | -$428.6M | -$79.5M | -$345.5M |
| Stock-based compensation | $25.2M | $27.7M | $27.3M | $17.4M | $21.4M |
| Dividends paid | – | – | – | – | $0 |
| Share buybacks | $100.0M | $126.4M | $198.6M | – | – |
| Investing cash flow | -$205.6M | -$452.3M | -$665.8M | -$16.7M | -$42.0M |
| Financing cash flow | -$103.6M | -$158.3M | $285.5M | -$6.40M | $522.2M |
| Net change in cash | $237.0M | -$255.2M | -$112.8M | $103.9M | $228.6M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 1.1% | 1.2% | 1.5% | 1.1% | 1.5% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.