For the quarter ending 2026-03-31, VAL has $5,363,700K in assets. $2,202,000K in debts. $578,300K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Restricted cash | - | - | 12,800 | 12,800 |
| Cash and cash equivalents | 578,300 | 599,400 | 662,700 | 503,400 |
| Accounts receivable, net | 447,900 | 474,800 | 513,700 | 554,200 |
| Disposal group, including discontinued operation, assets | 9,200 | 6,400 | - | - |
| Other | - | 144,700 | - | - |
| Other current assets | 169,500 | - | 154,400 | 157,000 |
| Total current assets | 1,204,900 | 1,225,300 | 1,343,600 | 1,227,400 |
| Property and equipment, at cost | 2,715,600 | 2,598,300 | 2,507,700 | 2,461,600 |
| Less accumulated depreciation | 550,600 | 509,500 | 473,300 | 440,000 |
| Property and equipment, net | 2,165,000 | 2,088,800 | 2,034,400 | 2,021,600 |
| Long-term notes receivable from aro | 351,100 | 345,000 | 314,700 | 308,500 |
| Investment in aro | 128,600 | 121,800 | 119,300 | 114,900 |
| Deferred tax assets | 1,355,500 | 1,364,200 | 673,900 | 675,500 |
| Other assets | 158,600 | 159,700 | 152,100 | 155,400 |
| Assets, total | 5,363,700 | 5,304,800 | 4,638,000 | 4,503,300 |
| Accounts payable - trade | 398,500 | 348,200 | 327,100 | 332,300 |
| Accrued liabilities and other | 379,200 | 343,400 | 390,900 | 346,400 |
| Total current liabilities | 777,700 | 691,600 | 718,000 | 678,700 |
| Long-term debt | 1,086,800 | 1,086,000 | 1,085,200 | 1,084,300 |
| Deferred tax liabilities | 30,500 | 29,700 | 27,000 | 29,400 |
| Other liabilities | 307,000 | 325,800 | 357,200 | 377,600 |
| Liabilities, total | 2,202,000 | 2,133,100 | 2,187,400 | 2,170,000 |
| Common shares, 0.01 par value, 700.0 shares authorized, 76500000 and 76400000 shares issued, 69300000 and 69200000 shares outstanding as of march31, 2026 and december31, 2025, respectively | 800 | 800 | 800 | 800 |
| Preferred stock, value, outstanding | - | 0 | - | - |
| Stock warrants | 16,400 | 16,400 | 16,400 | 16,400 |
| Additional paid-in capital | 1,139,900 | 1,134,900 | 1,128,600 | 1,124,600 |
| Retained earnings | 2,365,300 | 2,381,700 | 1,664,200 | 1,476,100 |
| Accumulated other comprehensive income | 63,900 | 60,900 | 37,900 | 36,900 |
| Treasury shares, at cost, 7.2 shares as of march31, 2026 and december31, 2025 | 425,100 | 425,100 | 400,100 | 325,100 |
| Total valaris shareholders' equity | 3,161,200 | 3,169,600 | 2,447,800 | 2,329,700 |
| Noncontrolling interests | 500 | 2,100 | 2,800 | 3,600 |
| Total shareholders' equity | 3,161,700 | 3,171,700 | 2,450,600 | 2,333,300 |
| Total liabilities and shareholders' equity | 5,363,700 | 5,304,800 | 4,638,000 | 4,503,300 |