Valaris Ltd (VAL)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Total operating revenues | 615,200 | 620,700 | 643,100 | 610,100 |
| Equity in earnings of aro | -1,100 | 2,600 | -23,800 | -300 |
| General and administrative | 18,800 | 24,400 | 30,600 | 32,500 |
| Depreciation | 35,500 | 33,100 | 31,700 | 29,700 |
| Reimbursable expenses | 40,500 | 41,000 | - | - |
| Contract drilling expenses (exclusive of depreciation and reimbursable expenses) | 355,200 | 374,000 | - | - |
| Total contract drilling expenses (exclusive of depreciation) | 395,700 | 415,000 | 462,100 | 438,700 |
| Loss on impairment | - | 7,800 | - | - |
| Total operating expenses | - | - | 524,400 | 500,900 |
| Operating income | 164,100 | 143,000 | 94,900 | 108,900 |
| Other, net | -8,700 | 21,200 | -2,800 | 3,500 |
| Interest income | 15,100 | 14,400 | 17,500 | 31,000 |
| Interest expense, net | 24,800 | 24,300 | 22,400 | 22,600 |
| Total other income (expense) | -18,400 | 11,300 | -7,700 | 11,900 |
| Income before income taxes | 145,700 | 154,300 | 87,200 | 120,800 |
| Deferred income tax expense | 3,500 | 169,800 | 3,800 | 13,500 |
| Current income tax expense (benefit) | 28,000 | 23,700 | 20,500 | -43,500 |
| Total provision (benefit) for income taxes | 31,500 | 193,500 | 24,300 | -30,000 |
| Net income | 114,200 | -39,200 | 62,900 | 150,800 |
| Net (income) loss attributable to noncontrolling interests | -900 | -1,300 | -1,700 | 1,200 |
| Net income attributable to valaris | 115,100 | -37,900 | 64,600 | 149,600 |
| Basic (in dollars per share) | 1.62 | -0.53 | 0.89 | 2.07 |
| Basic (in shares) | 71,100,000 | 71,000,000 | 72,400,000 | 72,400,000 |
| Diluted (in dollars per share) | 1.61 | -0.53 | 0.88 | 2.03 |
| Diluted (in shares) | 71,300,000 | 71,000,000 | 73,200,000 | 73,700,000 |