Valaris Limited, together with its subsidiaries, provides offshore contract drilling services in Brazil, the United Kingdom, Gulf of America, Australia, Angola, and internationally. It operates through four segments: Floaters, Jackups, ARO, and Other. The company owns an offshore drilling rig fleet, which includes drillships, dynamically positioned semisubmersible rigs, a moored semisubmersible rig, and jackup rigs. It also offers management services on rigs owned by third parties. The company serves international, government-owned, and independent oil and gas companies. Valaris Limited was founded in 1975 and is based in Hamilton, Bermuda.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.36B | $1.78B | $1.60B | $1.23B | $1.43B | $2.05B | $1.71B | $1.84B |
| Cost of Revenue | $1.76B | $1.54B | $1.38B | $1.07B | $1.47B | $1.81B | $1.32B | $1.19B |
| Gross Profit | $601.70M | $240.60M | $219.30M | $164.50M | $-43.20M | $245.40M | $386.00M | $653.50M |
| Gross Margin | 25.47% | 13.49% | 13.68% | 13.35% | -3.03% | 11.95% | 22.63% | 35.46% |
| Operating Expenses | $249.40M | $187.10M | $182.10M | $1.06B | $4.29B | $915.20M | $621.90M | $785.50M |
| Operating Income | $352.30M | $53.50M | $37.20M | $-897.40M | $-4.33B | $-669.80M | $-235.90M | $-132.00M |
| Operating Margin | 14.91% | 3.00% | 2.32% | -72.82% | -303.71% | -32.62% | -13.83% | -7.16% |
| Net Income | $373.40M | $865.40M | $176.50M | $-4.49B | $-4.86B | $-198.00M | $-639.70M | $-303.70M |
| Net Margin | 15.80% | 48.50% | 11.01% | -364.69% | -340.21% | -9.64% | -37.51% | -16.48% |
| EPS (Basic) | $5.18 | $11.67 | $2.35 | $-59.91 | $-64.77 | $-2.09 | $-5.89 | $-3.35 |
| EBITDA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Stock Option Compensation Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Earnings Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |