← Valaris Ltd
| Annual Trend | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $4.1b |
$2.8b
-31.67%
|
$1.8b
-33.62%
|
$1.7b
-7.47%
|
$2.1b
+20.39%
|
$1.4b
-30.49%
|
$9.2m
-99.36%
|
$1.8b
+19293.48%
|
$2.4b
+32.42%
|
$2.4b
+0.27%
|
$2.1b
-9.76%
|
|
| Revenues Excluding Reimbursable Revenues | — | — | — | — | — | — | $1.5b | $1.7b | $2.2b | $2.2b | — | |
| Reimbursable Revenues | — | — | — | — | — | — | $105.2m | $108.2m | $150.7m | $161.1m | — | |
| Cost of Revenue | $3.4b |
$1.7b
-48.01%
|
$1.5b
-12.76%
|
$1.3b
-13.40%
|
$1.8b
+36.88%
|
$1.2b
-34.68%
|
$7.6m
-99.36%
|
$6.9m
-8.70%
|
$7.9m
+14.29%
|
$9.8m
+23.96%
|
$1.8b
+17922.93%
|
|
| Reconciled Cost Of Revenue | — | — | — | — | — | — | $1.5b |
$1.6b
+11.55%
|
$1.9b
+14.49%
|
$1.8b
-5.68%
|
$1.8b
-0.17%
|
|
| Cost of Product and Service Sold | — | — | $1.2b |
$1.3b
+10.92%
|
$1.8b
+36.88%
|
$1.5b
-19.24%
|
$1.4b
-5.17%
|
$1.5b
+11.60%
|
$1.8b
+14.08%
|
$1.6b
-7.45%
|
— | |
| Net Interest Income | — | — | — | — | — | — | $20.2m |
$32.5m
+60.89%
|
$1.3m
-96.00%
|
($28.0m)
-2253.85%
|
($23.4m)
+16.43%
|
|
| Gross Profit | $704.5m |
$1.0b
+46.22%
|
$319.5m
-68.98%
|
$386.0m
+20.81%
|
$247.2m
-35.96%
|
$247.4m
+0.09%
|
$128.1m
-48.23%
|
$139.5m
+8.90%
|
$479.6m
+243.80%
|
$593.0m
+23.64%
|
$364.8m
-38.48%
|
|
| Gross Profit (Calculated) | $704.5m |
$1.0b
+46.22%
|
$319.5m
-68.98%
|
$386.0m
+20.81%
|
$247.2m
-35.96%
|
$247.4m
+0.09%
|
$1.6m
-99.36%
|
($1.5b)
-96351.29%
|
($1.8b)
-14.08%
|
($1.6b)
+7.62%
|
— | |
| General and administrative | $118.4m | $100.8m | $157.8m | $102.7m | $188.9m | $214.6m | $80.9m | $99.3m | $116.3m | $97.1m | $106.4m | |
| Amortization of Intangible Assets | $41.4m | — | — | — | — | — | — | — | — | — | — | |
| Restructuring And Mergern Acquisition | — | — | — | — | — | — | $2.4m | $0 | — | — | — | |
| Operating Expenses | — | — | $1.2b | $1.3b | $1.8b | $1.5b | $1.4b | $1.5b | $1.8b | $1.6b | $1.9b | |
| Total operating expenses | $5.3b | $1.8b | $2.0b | $1.9b | $2.7b | $5.9b | $1.6b | $1.7b | $2.0b | $1.9b | $1.9b | |
| Other Operating Income | ($1.2b) | $929.3m | ($132.0m) | ($235.9m) | ($668.0m) | $118.1m | $0 | $53.5m | $352.3m | $477.0m | $269.0m | |
| Other Non Operating Income Expenses | — | — | — | — | — | — | $14.1m | $2.3m | $3.0m | ($1.0m) | — | |
| Operating Income (Loss) | ($1.2b) |
$929.3m
+174.73%
|
($132.0m)
-114.20%
|
($235.9m)
-78.71%
|
($668.0m)
-183.17%
|
($4.3b)
-547.11%
|
$37.2m
+100.86%
|
$53.5m
+43.82%
|
$352.3m
+558.50%
|
$477.0m
+35.40%
|
$269.0m
-43.61%
|
|
| Interest Expense | $216.3m | $228.8m | $224.2m | $282.7m | $428.3m | $290.6m | $45.3m | $68.9m | $84.8m | $98.8m | $98.0m | |
| Interest income | $9.9m | $13.8m | $25.8m | $14.5m | $28.1m | $19.7m | $65.5m | $101.4m | $86.1m | $70.8m | $74.6m | |
| Net Non Operating Interest Income Expense | — | — | — | — | — | — | $20.2m | $32.5m | $1.3m | ($28.0m) | ($23.4m) | |
| Foreign Currency Transaction Gain (Loss), before Tax | $5.4m | ($6.0m) | ($5.1m) | ($17.2m) | ($7.4m) | ($11.0m) | $12.2m | ($3.5m) | $13.8m | ($14.3m) | — | |
| Gain On Sale Of PPE | — | — | — | — | — | — | $141.2m | $28.6m | ($200k) | $118.6m | $126.8m | |
| Gain On Sale Of Security | $5.4m | ($6.0m) | ($5.1m) | ($17.2m) | ($7.4m) | ($11.0m) | $12.2m | ($3.5m) | $13.8m | ($14.3m) | ($3.4m) | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | — | $300k | $400k | $0 | $0 | — | — | |
| Income (Loss) from Equity Method Investments | $0 | $0 | $0 | $0 | ($12.6m) | ($7.8m) | $24.5m | $13.3m | ($11.0m) | $8.4m | — | |
| Other Nonoperating Income (Expense) | ($21.3m) | $283.2m | $134.4m | ($34.8m) | $1.0b | $4.2m | $169.9m | ($1.8m) | $16.6m | $103.3m | — | |
| Other income (expense), net | ($227.7m) | $68.2m | ($64.0m) | ($303.0m) | $604.2m | ($794.3m) | $187.7m | $30.7m | $17.9m | $75.3m | $97.7m | |
| Other Income Expense | — | — | — | — | — | — | $157.5m | $11.5m | $5.6m | $84.4m | $97.7m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($578.2m) | ($151.6m) | $6.3m | ($115.1m) | $39.0m | ($51.0m) | $39.7m | $30.7m | $49.8m | ($107.4m) | $343.3m | |
| Pre-Tax Income | — | — | — | — | ($63.8m) | ($5.1b) | $224.9m | $84.2m | $370.2m | $552.3m | $343.3m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | ($63.8m) | ($5.1b) | $224.9m | $84.2m | $370.2m | $552.3m | $343.3m | |
| Current Income Tax Expense (Benefit) | $144.1m | $79.8m | $54.2m | $33.0m | $104.5m | ($153.7m) | $35.2m | $3.8m | ($5.4m) | $88.3m | ($589.8m) | |
| Deferred income tax expense (benefit) | ($158.0m) | $28.7m | $55.0m | $56.6m | $23.9m | ($105.7m) | $7.9m | ($786.4m) | $5.8m | ($515.1m) | — | |
| Total provision for income taxes | ($13.9m) | $108.5m | $109.2m | $89.6m | $128.4m | ($259.4m) | $43.1m | ($782.6m) | $400k | ($426.8m) | — | |
| Net Income From Continuing And Discontinued Operation | ($1.6b) | $890.2m | ($303.7m) | ($639.7m) | ($198.0m) | ($4.9b) | $176.5m | $865.4m | $373.4m | $982.8m | $939.6m | |
| Net Income Continuous Operations | — | — | — | — | — | — | $181.8m | $866.8m | $369.8m | $979.1m | $933.1m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $8.9m | $6.9m | ($500k) | $3.1m | $5.8m | ($2.1m) | $5.3m | $1.4m | ($3.6m) | ($3.7m) | $939.6m | |
| Income (Loss) from Continuing Operations, Per Basic Share | ($6) | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | ($6) | — | — | — | — | — | — | — | — | — | — | |
| Earnings Per Share, Basic | ($6.88) | $0.04 | $0.04 | ($1.47) | ($1.14) | ($24.42) | $2.35 | $11.68 | $5.18 | $13.92 | $13.32 | |
| Earnings Per Share, Diluted | ($6.88) | — | — | — | — | ($24.42) | $2.33 | $11.51 | $5.12 | $13.86 | $13.26 | |
| Weighted Average Number of Shares Outstanding, Basic | 232.2m | — | — | — | — | 198.9m | 75.1m | 74.1m | 72.1m | 70.6m | 69.7m | |
| Basic Average Shares | 232.2m | — | — | — | — | 198.9m | $75.1m | $74.1m | $72.1m | $70.6m | $69.7m | |
| Diluted Average Shares | — | — | — | — | — | — | $75.6m | $75.0m | $72.9m | $70.8m | $70.4m | |
| Weighted Average Number of Shares Outstanding, Diluted | 232.2m | — | — | — | — | 198.9m | 75.6m | 75.2m | 72.9m | 70.9m | 70.4m | |
| Additional Financial Items | ||||||||||||
| Other Interest and Dividend Income | $9.9m | $13.8m | $25.8m | $14.5m | $28.1m | $19.7m | $65.5m | $101.4m | $86.1m | $70.8m | — | |
| Loss on impairment | $2.7b | $0 | $182.9m | $40.3m | $104.0m | $3.6b | $34.5m | $0 | $0 | $27.3m | — | |
| Depreciation | $572.5m | $445.3m | $444.8m | $478.9m | $609.7m | $540.8m | $91.2m | $101.1m | $122.1m | $146.3m | — | |
| EQUITY IN EARNINGS (LOSSES) OF ARO | $0 | $0 | $0 | $0 | ($12.6m) | ($7.8m) | $24.5m | $13.3m | ($11.0m) | $8.4m | ||
| Other, net | ($21.3m) | $283.2m | $134.4m | ($34.8m) | $1.0b | $4.2m | $169.9m | ($1.8m) | $16.6m | $103.3m | — | |
| NET (INCOME) LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS | ($8.9m) | ($6.9m) | $500k | ($3.1m) | ($5.8m) | $2.1m | ($5.3m) | ($1.4m) | $3.6m | $3.7m | $939.6m | |
| Diluted EPS | — | — | — | — | — | — | $2.33 | $11.67 | $5.14 | $13.93 | $13.26 | |
| Diluted NI Availto Com Stockholders | ($1.6b) | $890.2m | ($303.7m) | ($639.7m) | ($198.0m) | ($4.9b) | $176.5m | $865.4m | $373.4m | $982.8m | $939.6m | |
| Earnings From Equity Interest | $0 | $0 | $0 | $0 | ($12.6m) | ($7.8m) | $24.5m | $13.3m | ($11.0m) | $8.4m | $24.3m | |
| Impairment Of Capital Assets | $2.7b | $0 | $182.9m | $40.3m | $104.0m | $3.6b | $34.5m | $0 | $0 | $27.3m | $7.8m | |
| Minority Interests | ($8.9m) | ($6.9m) | $500k | ($3.1m) | ($5.8m) | $2.1m | ($5.3m) | ($1.4m) | $3.6m | $3.7m | $6.5m | |
| Normalized EBITDA | — | — | — | — | — | — | $242.5m | $258.3m | $563.5m | $720.4m | $606.3m | |
| Normalized Income | — | — | — | — | — | — | $80.4m | $868.1m | $359.8m | $932.0m | $896.9m | |
| Other Gand A | $118.4m | $100.8m | $157.8m | $102.7m | $188.9m | $214.6m | $80.9m | $99.3m | $116.3m | $97.1m | — | |
| Salaries And Wages | — | — | — | — | — | — | ($16.4m) | ($900k) | ($2.4m) | — | ($2.4m) | |
| Selling General And Administration | $118.4m | $100.8m | $157.8m | $102.7m | $188.9m | $214.6m | $80.9m | $99.3m | $116.3m | $97.1m | — | |
| Special Income Charges | — | — | — | — | — | — | $106.7m | ($600k) | ($200k) | $91.3m | $74.5m | |
| Tax Effect Of Unusual Items | — | — | — | — | — | — | $22.8m | ($1.4m) | $14k | $26.2m | $28.4m | |
| Tax Provision | ($13.9m) | $108.5m | $109.2m | $89.6m | $128.4m | ($259.4m) | $43.1m | ($782.6m) | $400k | ($426.8m) | ($589.8m) | |
| Tax Rate For Calcs | — | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Cost of Property Repairs and Maintenance | $270.1m | $151.1m | $188.7m | $198.4m | $303.7m | $200.4m | $175.2m | $203.3m | $239.6m | $236.2m | — | |
| Contract Drilling Expenses Exclusive of Depreciation and Reimbursable Expenses | — | — | — | — | — | — | $1.3b | $1.4b | $1.6b | $1.5b | — | |
| Reimbursable Expenses | — | — | — | — | — | — | $99.5m | $103.2m | $142.4m | $152.6m | — | |
| Operating Expense | $118.4m | $100.8m | $157.8m | $102.7m | $188.9m | $214.6m | $80.9m | $99.3m | $116.3m | $97.1m | $95.8m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($1.5b) | $882.1m | ($304.7m) | ($631.6m) | ($198.0m) | ($4.9b) | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($1.5b) | $889.0m | ($305.2m) | ($628.5m) | ($192.2m) | ($4.9b) | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($128.6m) | $8.1m | $1.0m | ($8.1m) | $0 | $0 | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($128.7m) | $8.1m | — | — | — | — | — | — | — | — | — | |
| Total Unusual Items | — | — | — | — | — | — | $118.9m | ($4.1m) | $13.6m | $77.0m | $71.1m | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | — | — | — | — | — | ($14.6m) | ($16.4m) | ($900k) | ($2.4m) | $900k | — | |
| Total Expenses | — | — | — | — | — | — | $1.6b | $1.7b | $2.0b | $1.9b | $1.9b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.