Valaris Limited (VAL)

Valaris Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	1,784	1,603	1,232	1,427	2,053
Revenue Growth (YoY)	11.34%	30.07%	-13.68%	-30.49%	20.39%
Cost of Revenue	1,645	1,474	1,298	2,011	2,418
Gross Profit	139.5	128.1	-66	-584	-364.3
Selling, General & Admin	99.3	80.9	88	214.6	188.9
Other Operating Expenses	-1.8	169.9	-3,538	-118.1	1,006
Operating Expenses	99.3	80.9	88	96.5	188.9
Operating Income	53.5	307.1	-902	-4,334.5	468.5
Interest Income	101.4	65.5	19.7	19.7	28.1
Interest Expense	68.9	45.3	-290.6	290.6	428.3
Other Expense / Income	3.2	107.7	3,848	511.6	132.1
Pretax Income	84.2	224.9	-4,440	-5,117	-63.8
Income Tax	-782.6	43.1	53	-259.4	128.4
Net Income	865.4	176.5	-4,493	-4,857.6	-192.2
Net Income Growth	390.31%	-	-	-	-
Shares Outstanding (Basic)	74	75	75	199	173
Shares Outstanding (Diluted)	75	76	75	199	173
Shares Change	-0.53%	0.80%	-62.29%	14.71%	-60.06%
EPS (Basic)	11.68	2.35	-59.91	-24.42	-1.11
EPS (Diluted)	11.51	2.33	-59.91	-24.42	-1.11
EPS Growth	393.99%	-	-	-	-
Free Cash Flow	-428.6	-79.5	-124.9	-345.5	-503.9
Free Cash Flow Per Share	-5.70	-1.05	-1.67	-1.74	-2.91
Gross Margin	7.82%	7.99%	-5.36%	-40.92%	-17.74%
Operating Margin	3.00%	19.16%	-73.21%	-303.71%	22.82%
Profit Margin	48.50%	11.01%	-364.69%	-340.36%	-9.36%
Free Cash Flow Margin	-24.02%	-4.96%	-10.14%	-24.21%	-24.54%
Effective Tax Rate	-929.45%	19.16%	-	-	-
EBITDA	254.2	389.3	603	-105.6	1,061
EBITDA Margin	14.25%	24.29%	48.94%	-7.40%	51.69%
Depreciation & Amortization	101.1	82.2	225.7	547	592.9
EBIT	153.1	307.1	377.3	-652.6	468.5
EBIT Margin	8.58%	19.16%	30.63%	-45.73%	22.82%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.