Valaris Limited
Valaris Limited provides offshore contract drilling services to the international oil and gas industry. The company owns an offshore drilling rig fleet of 56 rigs, which include 11 drillships, 4 dynamically positioned semisubmersible rigs, 1 moored semis…
Oil & Gas Equipment & Services
BM, Hamilton [HQ]
VAL/Financial Reporting
Income Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,945.00 | 1,696.00 | 2,842.00 | 3,638.00 | 4,323.00 | 4,564.00 | 4,063.00 | 2,776.00 | 1,843.00 | 1,705.00 | 2,053.00 | 1,427.00 | 1,232.00 | 1,602.00 | 1,784.00 | |
|
EPS
|
22.21 | 16.42 | 12.46 | 18.43 | 24.32 | -46.83 | -6.90 | 3.13 | -0.92 | -1.48 | -1.11 | -24.42 | -59.91 | 2.35 | 11.68 | |
| Diluted in mil. | 22.21 | 16.42 | 12.46 | 18.40 | 24.32 | -46.83 | -6.90 | 3.13 | -0.92 | -1.48 | -1.11 | -24.42 | -59.91 | 2.33 | 11.51 | |
|
Profit
|
1,220.00 | 928.00 | 1,371.00 | 1,996.00 | 2,376.00 | 2,487.00 | 1,642.00 | 1,042.00 | 208.00 | -94.00 | -364.00 | -584.00 | -66.00 | 128.00 | 139.00 | |
| Gross Margin | 62.72 | 54.73 | 48.26 | 54.85 | 54.96 | 54.50 | 40.43 | 37.54 | 11.33 | -5.52 | -17.74 | -40.92 | -5.36 | 7.99 | 7.82 | |
| Pre Tax | 959.00 | 644.00 | 736.00 | 1,304.00 | 1,633.00 | -2,548.00 | -1,471.00 | 997.00 | -196.00 | -538.00 | -63.00 | -5,117.00 | -4,440.00 | 224.00 | 84.00 | |
| Profit Margin | 49.30 | 37.98 | 25.91 | 35.86 | 37.78 | -55.84 | -36.21 | 35.93 | -10.63 | -31.60 | -3.11 | -358.53 | -360.39 | 14.03 | 4.72 | |
| ETR | 16.47 | 14.90 | 17.78 | 17.52 | 12.44 | -5.51 | 0.94 | 10.88 | -55.71 | -16.63 | -201.25 | 5.07 | -1.19 | 19.16 | -929.45 | |
| Net | 779.00 | 579.00 | 600.00 | 1,056.00 | 1,405.00 | -2,711.00 | -1,601.00 | 872.00 | -304.00 | -641.00 | -192.00 | -4,857.00 | -4,493.00 | 176.00 | 865.00 | |
| Profit Margin | 40.05 | 34.15 | 21.12 | 29.04 | 32.50 | -59.40 | -39.40 | 31.43 | -16.52 | -37.60 | -9.36 | -340.36 | -364.69 | 11.01 | 48.50 | |
| EBITDA | 1,145.00 | 892.00 | 1,246.00 | 1,813.00 | 2,201.00 | 2,347.00 | 2,097.00 | 1,387.00 | 516.00 | 282.00 | 1,061.00 | -105.00 | 603.00 | 389.00 | 254.00 | |
| EBITDA Margin | 58.87 | 52.60 | 43.84 | 49.84 | 50.91 | 51.44 | 51.63 | 49.98 | 28.01 | 16.59 | 51.69 | -7.40 | 48.94 | 24.29 | 14.25 | |
| Operating Income | 950.00 | 626.00 | 794.00 | 1,403.00 | 1,733.00 | 1,817.00 | 1,524.00 | 941.00 | 70.00 | -196.00 | 468.00 | -4,334.00 | -902.00 | 307.00 | 53.00 | |
| Operating Margin | 48.85 | 36.91 | 27.94 | 38.56 | 40.09 | 39.82 | 37.52 | 33.91 | 3.83 | -11.54 | 22.82 | -303.71 | -73.21 | 19.16 | 3.00 | |
| Interest Income | - - | - - | 17.00 | 22.00 | 16.00 | 13.00 | 9.00 | 13.00 | 25.00 | 14.00 | 28.00 | 19.00 | 19.00 | 65.00 | 101.00 | |
| Loss | -995.00 | -1,070.00 | -2,048.00 | -2,233.00 | -2,548.00 | -6,964.00 | -2,538.00 | -1,834.00 | -1,772.00 | -1,902.00 | -2,606.00 | -2,107.00 | -1,386.00 | -1,555.00 | -1,744.00 | |
| Cost of Revenue | -725.00 | -768.00 | -1,470.00 | -1,642.00 | -1,947.00 | -2,076.00 | -2,420.00 | -1,734.00 | -1,634.00 | -1,799.00 | -2,417.00 | -2,011.00 | -1,298.00 | -1,474.00 | -1,644.00 | |
|
Operating Expenses
|
-269.00 | -302.00 | -577.00 | -590.00 | -600.00 | -4,888.00 | -118.00 | -100.00 | -138.00 | -102.00 | -188.00 | -96.00 | -88.00 | -80.00 | -99.00 | |
| R&D | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| G&A | -64.00 | -86.00 | -158.00 | -148.00 | -146.00 | -131.00 | -118.00 | -100.00 | -106.00 | -102.00 | -188.00 | -214.00 | -88.00 | -80.00 | -99.00 | |
| SG&A | -64.00 | -86.00 | -158.00 | -148.00 | -146.00 | -131.00 | -118.00 | -100.00 | -138.00 | -102.00 | -188.00 | -214.00 | -88.00 | -80.00 | -99.00 | |
| S&M | - - | - - | - - | - - | - - | - - | - - | - - | -32.00 | - - | - - | - - | - - | - - | - - | |
| Depreciation and Amortization | -205.00 | -216.00 | -418.00 | -410.00 | -467.00 | -530.00 | -573.00 | -446.00 | -445.00 | -479.00 | -592.00 | -547.00 | -225.00 | -82.00 | -101.00 | |
| Interest Expenses | -2.00 | - - | -95.00 | -123.00 | -158.00 | -161.00 | -216.00 | -228.00 | -224.00 | -282.00 | -428.00 | -290.00 | -290.00 | -45.00 | -68.00 | |
| Other Expenses | -8.00 | -18.00 | -57.00 | -98.00 | -100.00 | -4,366.00 | -2,995.00 | -56.00 | -266.00 | -342.00 | -532.00 | -782.00 | -3,538.00 | -82.00 | -11.00 | |
|
WA Shares Outstanding
|
35.00 | 35.00 | 48.00 | 57.00 | 57.00 | 57.00 | 232.00 | 279.00 | 332.00 | 434.00 | 173.00 | 198.00 | 75.00 | 75.00 | 74.00 | |
| Diluted | 35.00 | 35.00 | 48.00 | 57.00 | 57.00 | 57.00 | 232.00 | 279.00 | 332.00 | 434.00 | 173.00 | 198.00 | 75.00 | 75.00 | 75.00 |