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 | 13.92 | 5.18 | ||
| Basic | 70,600,000 | 72,100,000 | ||
| Diluted | 13.86 | 5.12 | ||
| Diluted | 70,900,000 | 72,900,000 | ||
Valaris Ltd (VAL)
Valaris Ltd (VAL)