Valaris LtdVAL
Market cap
$3.8B
P/E ratio
| Dec 31, 2010 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
| Revenues Excluding Reimbursable Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,212 |
| Reimbursable Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | 151 |
| Total operating revenues | - | - | - | - | - | - | - | 1,705 | 2,053 | 1,427 | 835 | 1,603 | 1,784 | 2,363 |
| Contract Drilling Expenses Exclusive of Depreciation and Reimbursable Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,619 |
| Reimbursable Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | 142 |
| Cost of Goods and Services Sold | - | - | - | - | - | - | - | - | 1,806 | - | - | - | 1,544 | 1,761 |
| Loss on impairment | 12 | - | - | 4,219 | 2,746 | - | 183 | 40 | 104 | 3,646 | - | 35 | - | - |
| Depreciation | - | - | - | - | - | - | - | - | - | - | - | - | 101 | 122 |
| General and administrative | 86 | 149 | 147 | 132 | 118 | 101 | 158 | 103 | 189 | 215 | 58 | 81 | 99 | 116 |
| Total operating expenses | 1,071 | 2,736 | 3,161 | 6,965 | 5,307 | 1,847 | 1,975 | 1,941 | 2,709 | 5,860 | 853 | 1,590 | 1,744 | 1,999 |
| EQUITY IN EARNINGS (LOSSES) OF ARO | - | - | - | - | - | - | - | - | -13 | -8 | 6 | 25 | 13 | -11 |
| OPERATING INCOME | 626 | 1,565 | 1,759 | -2,401 | -1,243 | 929 | -132 | -236 | -668 | -4,323 | -12 | 37 | 54 | 352 |
| Interest income | - | 23 | 17 | 13 | 10 | 14 | 26 | 15 | 28 | 20 | 29 | 66 | 101 | 86 |
| Interest expense, net | - | - | - | - | - | - | - | - | - | - | - | 45 | 69 | 85 |
| Other, net | - | 2 | 42 | 1 | -21 | 283 | 134 | -35 | 1,004 | 4 | 38 | 170 | -2 | 17 |
| Other income (expense), net | 18 | -99 | -100 | -148 | -228 | 68 | -64 | -303 | 604 | -794 | 20 | 188 | 31 | 18 |
| INCOME BEFORE INCOME TAXES | - | - | - | - | - | - | - | - | - | - | 8 | 225 | 84 | 370 |
| Current income tax expense | 82 | 226 | 219 | 264 | 144 | 80 | 54 | 33 | 105 | -154 | 59 | 35 | 4 | -5 |
| Deferred income tax expense (benefit) | 14 | 18 | 6 | -123 | -158 | 29 | 55 | 57 | 24 | -106 | -21 | 8 | -786 | 6 |
| Total provision for income taxes | 96 | 244 | 226 | 141 | -14 | 109 | 109 | 90 | 128 | -259 | 37 | 43 | -783 | 0 |
| NET INCOME | 586 | 1,177 | 1,428 | -3,888 | -1,586 | 897 | -304 | -637 | -192 | -4,858 | -29 | 182 | 867 | 370 |
| NET (INCOME) LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS | 6 | 7 | 10 | 14 | 9 | 7 | -0 | 3 | 6 | -2 | 4 | 5 | 1 | -4 |
| NET INCOME ATTRIBUTABLE TO VALARIS | 586 | 1,177 | 1,428 | -3,888 | -1,586 | 897 | -304 | -637 | -192 | -4,855 | -29 | 182 | 867 | 373 |
| Basic | 4.06 | 5.05 | 6.08 | -16.88 | -6.88 | - | - | - | - | - | - | 2.35 | 11.68 | 5.18 |
| Diluted | 4.06 | 5.04 | 6.07 | -16.88 | -6.88 | - | - | - | - | - | - | 2.33 | 11.51 | 5.12 |