Financial insights of VAL

MyFinsight

For the year ending 2025-12-31, VAL made $2,369,000K in revenue. $982,800K in net income. Net profit margin of 41.49%.

Income Statement	2025-12-31	2024-12-31
Total operating revenues	2,369,000	2,362,600
Contract drilling expenses exclusive of depreciation and reimbursable expenses	1,477,100	1,618,500
Reimbursable expenses	152,600	142,400
Cost of product and service sold	1,629,700	1,760,900
Loss on impairment	27,300	28,400
Depreciation	146,300	122,100
General and administrative	97,100	116,300
Total operating expenses	1,900,400	1,999,300
Equity in earnings (losses) of aro	8,400	-11,000
Operating income	477,000	352,300
Interest income	70,800	86,100
Interest expense, net	98,800	84,800
Other, net	103,300	16,600
Other income (expense), net	75,300	17,900
Income before income taxes	552,300	370,200
Current income tax expense	88,300	-5,400
Deferred income tax expense (benefit)	-515,100	5,800
Total provision for income taxes	-426,800	400
Net income	979,100	369,800
Net (income) loss attributable to noncontrolling interests	-3,700	-3,600
Net income attributable to valaris	982,800	373,400

Basic EPS	13.92	5.18
Diluted EPS	13.86	5.12
Basic Average Shares	70,600,000	72,100,000
Diluted Average Shares	70,900,000	72,900,000