Valaris Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '20 Dec 31, 2020
Revenue	2,214	2,369	2,363	1,784	1,603	1,427
Revenue Growth (YoY)	-9.95%	0.27%	32.42%	11.34%	12.28%	-30.49%
Cost of Revenue	1,588	1,630	1,761	1,544	1,383	1,459
Gross Profit	625.6	739.3	601.7	240.6	219.3	-31.4
Selling, General & Admin	98	97.1	116.3	99.3	80.9	214.6
Depreciation & Amortization Expenses	155.9	146.3	122.1	101.1	91.2	540.8
Other Operating Expenses	17.7	18.9	11	-13.3	10	3,536
Total Operating Expenses	271.6	262.3	249.4	187.1	182.1	4,291
Operating Income	354	477	352.3	53.5	37.2	-4,323
Interest Income	73.4	70.8	86.1	101.4	65.5	19.7
Interest Expense	-98.8	-98.8	-84.8	-68.9	-45.3	-290.6
Other Non-Operating Income (Expense)	79.8	103.3	16.6	-1.8	167.5	-523.4
Total Non-Operating Income (Expense)	54.4	75.3	17.9	30.7	187.7	-794.3
Pretax Income	408.4	552.3	370.2	84.2	224.9	-5,117
Provision for Income Taxes	-591.9	-426.8	0.4	-782.6	43.1	-259.4
Net Income	1,004	982.8	373.4	865.4	176.5	-4,856
Minority Interest in Earnings	4	3.7	3.6	-1.4	-5.3	2.1
Net Income to Common	1,004	982.8	373.4	865.4	176.5	-4,856
Net Income Growth	223.97%	163.20%	-56.85%	390.31%	-	-
Shares Outstanding (Basic)	70	71	72	74	75	199
Shares Outstanding (Diluted)	70	71	73	75	76	199
Shares Change (YoY)	-2.66%	-2.74%	-3.06%	-0.53%	-61.99%	14.71%
EPS (Basic)	14.36	13.92	5.18	11.68	2.35	-24.42
EPS (Diluted)	14.28	13.86	5.12	11.51	2.33	-24.42
EPS Growth	235.21%	170.70%	-55.52%	393.99%	-	-
Shares Outstanding	69.3	69.2	71	72.4	75.2	129.9
Free Cash Flow	121.1	202.7	-99.7	-428.6	-80	-345.5
Free Cash Flow Growth	-40.26%	-	-	-	-	-
Free Cash Flow Per Share	1.72	2.86	-1.37	-5.70	-1.06	-1.74
Gross Margin	28.26%	31.21%	25.47%	13.48%	13.68%	-2.20%
Operating Margin	15.99%	20.14%	14.91%	3.00%	2.32%	-302.88%
Profit Margin	45.19%	41.33%	15.65%	48.58%	11.34%	-340.36%
FCF Margin	5.47%	8.56%	-4.22%	-24.02%	-4.99%	-24.21%
EBITDA	509.9	623.3	474.4	154.6	128.4	-3,776
EBITDA Margin	23.03%	26.31%	20.08%	8.66%	8.01%	-264.55%
EBIT	354	477	352.3	53.5	37.2	-4,323
EBIT Margin	15.99%	20.14%	14.91%	3.00%	2.32%	-302.88%
Effective Tax Rate	-144.93%	-77.28%	0.11%	-929.45%	19.16%	5.07%

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q