Valaris Ltd (VAL) Financial Statements
Industry: Drilling Oil & Gas Wells
In fiscal 2025, Valaris reported revenue of $2.37B, up 0.3% from $2.36B the year before. Net income was $982.8M (a 41.5% net margin), or $13.86 per diluted share. Gross margin was 31.2% and operating margin was 20.1%. Operating activities generated $546.2M of cash, leaving $202.7M of free cash flow. At fiscal year end, Valaris held $5.30B in total assets against $2.13B in total liabilities, including $599.4M of cash and equivalents.
Open the full interactive Valaris financials → Quarterly statements, key ratios, valuation history and price charts.
Valaris Key Stats
| Share Price | $85.55 |
|---|---|
| Market Cap | $6.02B |
| P/E Ratio | 6.2 |
| Revenue YoY Growth | +0.3% |
| 52-Week Range | $48.09 – $113.42 |
| Shares Outstanding | 69.3 million (basic, 2026 Q2) |
Valaris Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.43B | $1.23B | $1.60B | $1.78B | $2.36B | $2.37B |
| Cost of Goods Sold | $5.86B | $2.14B | $1.59B | $1.54B | $1.76B | $1.63B |
| Gross Profit | -$4.43B | -$911.2M | $12.7M | $240.6M | $601.7M | $739.3M |
| Operating Income | -$4.32B | -$902.0M | $37.2M | $53.5M | $352.3M | $477.0M |
| Pre-Tax Income | -$5.12B | -$4.44B | $224.9M | $84.2M | $370.2M | $552.3M |
| Income Tax | -$259.4M | $53.6M | $43.1M | -$782.6M | $400,000 | -$426.8M |
| Net Income | -$4.86B | -$4.50B | $176.5M | $865.4M | $373.4M | $982.8M |
| Diluted EPS | -$24.42 | — | $2.33 | $11.51 | $5.12 | $13.86 |
Valaris Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $595.7M | $537.4M | $465.4M | $539.2M |
| Net Income | $188.1M | $717.5M | -$16.4M | $50.4M |
| Diluted EPS | $2.65 | $10.12 | -$0.24 | $0.72 |
Valaris Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $325.8M | $608.7M | $724.1M | $620.5M | $368.2M | $599.4M |
| Current Assets | $1.17B | $1.21B | $1.35B | $1.27B | $1.08B | $1.23B |
| Total Assets | $12.87B | $2.61B | $2.86B | $4.32B | $4.42B | $5.30B |
| Current Liabilities | $426.8M | $422.0M | $504.4M | $744.3M | $679.5M | $691.6M |
| Total Long-Term Debt | — | $545.3M | $542.4M | $1.08B | $1.08B | $1.09B |
| Total Liabilities | $8.50B | $1.55B | $1.57B | $2.33B | $2.18B | $2.13B |
| Shareholders' Equity | $4.37B | $1.06B | $1.29B | $1.99B | $2.24B | $3.17B |
Valaris Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$251.7M | -$66.0M | $127.5M | $267.5M | $355.4M | $546.2M |
| Cash From Investing | -$42.0M | -$3.7M | -$16.7M | -$665.8M | -$452.3M | -$205.6M |
| Cash From Financing | $522.2M | $388.7M | -$6.4M | $285.5M | -$158.3M | -$103.6M |
| Free Cash Flow | -$345.5M | -$124.9M | -$79.5M | -$428.6M | -$99.7M | $202.7M |
Figures from Valaris' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Valaris financials page for every line item.
Valaris Company Profile
| Ticker | VAL |
|---|---|
| Exchange | NYSE |
| Industry | Drilling Oil & Gas Wells |
| Headquarters | Hamilton |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000314808 |
Frequently Asked Questions
What was Valaris' revenue in fiscal 2025?
Valaris (VAL) reported revenue of $2.37B for fiscal 2025.
What is Valaris' annual revenue history?
Valaris' annual revenue by fiscal year: 2020: $1.43B; 2021: $1.23B; 2022: $1.60B; 2023: $1.78B; 2024: $2.36B; 2025: $2.37B.
What was Valaris' net income in fiscal 2025?
Valaris reported net income of $982.8M for fiscal 2025.
What was Valaris' earnings per share (EPS) in fiscal 2025?
Valaris' diluted EPS was $13.86 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Valaris generate in fiscal 2025?
Valaris generated $202.7M of free cash flow in fiscal 2025.
What was Valaris' revenue last quarter?
In its most recent reported quarter (2026 Q2), Valaris reported revenue of $539.2M.
How much debt does Valaris have?
Valaris reported $1.09B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Valaris are outstanding?
Valaris reported a weighted average of 69.3 million basic shares outstanding in 2026 Q2.
What is Valaris' market cap?
Based on its latest closing price, Valaris (VAL) has a market capitalization of about $6.02B.
When does Valaris' fiscal year end?
Valaris' fiscal year end, as registered with the SEC, is December 31.
Where is Valaris headquartered?
Valaris lists its business address in Hamilton in its SEC filings.