VALNYSEDrilling Oil & Gas WellsFiscal year ends December 31Also trades as VAL.WT

Valaris Ltd

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026

$89.39+4.07 (+4.77%)

Close on Oct 19, 2026

Market cap: $6.29B
P/E (TTM): 6.7
Dividend yield: –

Valaris Ltd income statement

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31
Revenue	2,369	2,363	1,784	1,603	–	1,427	2,053	1,705	1,843	2,776	–	–	–	–	–	–	–	–
Cost of Revenue	1,630	1,761	1,544	1,383	–	–	1,806	1,319	1,190	–	–	–	–	–	–	–	–	–
Gross Profit	739	602	241	219	–	–	247	386	654	–	–	–	–	–	–	–	–	–
General & Administrative	97	116	99	81	–	215	189	103	158	101	118	132	147	149	159	86	64	54
Operating Expenses	–	–	–	1,383	–	1,470	1,808	1,319	1,190	–	–	–	–	–	–	–	–	–
Total Costs & Expenses	1,900	1,999	1,744	1,590	–	5,872	2,710	1,941	1,975	1,847	5,307	6,965	2,590	2,236	2,017	1,038	963	963
Operating Income	477	352	54	37	–	-4,335	-670	-236	-132	929	-1,244	-2,401	1,733	1,403	781	636	926	1,280
Interest Expense	–	–	–	–	–	291	428	283	224	229	216	161	159	124	96	0	–	–
Income from Equity Investments	8.40	-11	13	25	–	-7.80	-13	0	0	0	0	0	0	0	0	0	–	–
Other Non-Operating Income	75	18	31	188	–	-783	606	-303	-64	68	-228	-148	-100	-99	-58	18	8.80	-4.20
Asset Impairment Charges	27	0	0	35	–	3,646	104	40	183	0	2,746	4,219	0	0	–	12	17	–
Gain (Loss) on Sale of Assets	119	-0.20	29	141	–	12	1.80	–	–	–	–	–	–	–	–	58	–	–
Legal Settlements	–	–	–	–	–	–	20	–	–	–	–	–	–	–	–	–	–	–
Pretax Income	552	370	84	225	–	-5,117	-64	-539	-196	998	-1,471	-2,549	1,633	1,305	723	654	935	1,276
Income Tax Expense	-427	0.40	-783	43	–	-259	128	90	109	109	-14	141	203	229	115	97	180	222
Income from Continuing Operations	–	–	–	–	–	-4,856	-198	-632	-305	882	-1,466	-2,703	1,422	1,070	603	552	751	1,048
Income from Discontinued Operations	–	–	–	–	–	0	0	-8.10	1.00	8.10	-129	-1,199	-2.20	101	-2.20	29	29	103
Net Income incl. Noncontrolling Interests	979	370	867	182	–	-4,858	-192	-637	-304	897	-1,586	-3,889	1,428	1,177	606	586	785	1,157
Minority Interest in Earnings	-3.70	-3.60	1.40	5.30	–	-2.10	5.80	3.10	-0.50	6.90	8.90	14	9.70	7.00	5.20	6.40	5.10	5.90
Net Income	983	373	865	177	–	-4,856	-198	-640	-304	890	-1,595	-3,903	1,418	1,170	600	580	779	1,151
Net Income to Common	–	–	–	–	–	–	–	–	-304	874	-1,597	-3,911	1,403	1,157	594	572	770	1,138
EPS (Basic)(per share)	13.92	5.18	11.68	2.35	–	-24.42	-1.14	-5.90	-3.66	12.52	-27.52	-67.52	24.32	20.20	12.36	16.24	21.92	32.16
EPS (Diluted)(per share)	13.86	5.12	11.51	2.33	–	-24.42	-1.14	-5.90	-3.66	12.52	-27.52	-67.52	24.28	20.16	12.32	16.24	21.92	32.08
Shares Outstanding (Basic, Weighted)(shares)	71	72	74	75	–	199	173	109	83	70	58	58	58	57	48	35	35	35
Shares Outstanding (Diluted, Weighted)(shares)	71	73	75	76	200	199	173	109	83	70	58	58	58	57	48	35	35	35
Dividend per Share(per share)	–	–	–	–	–	–	40,000.00	0.16	0.16	0.16	2.40	12.00	9.00	6.00	5.60	4.30	0.40	0.40

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 24.8%
Operating margin: 11.3%
Net margin: 44.0%
Return on equity, FY2025: 36.3%

Financial strength

Current ratio: 1.55
Debt to equity: 0.34
Debt to assets: 20.0%
Cash to current liabilities: 69.9%

Valuation

P/E ratio: 6.7
Price to sales: 2.94
Price to book: 1.95
Dividend yield: –