Valaris Limited
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.71B | $1.84B | $2.78B | — | — | — | — | — |
| Cost of Revenue | $1.32B | $1.19B | — | — | — | — | — | — |
| Gross Profit | $386.0M | $653.5M | — | — | — | — | — | — |
| Gross Margin | 22.6% | 35.5% | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $102.7M | $157.8M | $100.8M | $118.4M | $131.9M | $146.8M | $148.9M | $158.6M |
| Operating Income | $-235.9M | $-132.0M | $929.3M | $-1.24B | $-2.40B | $1.73B | $1.40B | $781.1M |
| Operating Margin | -13.8% | -7.2% | 33.5% | — | — | — | — | — |
| Interest Expense | $282.7M | $224.2M | $228.8M | $216.3M | $161.4M | $158.8M | $123.6M | $95.9M |
| Pretax Income | $-538.9M | $-196.0M | $997.5M | $-1.47B | $-2.55B | $1.63B | $1.30B | $723.2M |
| Income Tax Expense | $89.6M | $109.2M | $108.5M | $-13.9M | $140.5M | $203.1M | $228.6M | $115.4M |
| Net Income | $-639.7M | $-303.7M | $890.2M | $-1.59B | $-3.90B | $1.42B | $1.17B | $600.4M |
| Net Margin | -37.5% | -16.5% | 32.1% | — | — | — | — | — |
| EPS (Basic) | $-5.90 | $-3.66 | $3.13 | $-6.88 | $-16.88 | $6.08 | $5.05 | $3.09 |
| EPS (Diluted) | $-5.90 | $-3.66 | $3.13 | $-6.88 | $-16.88 | $6.07 | $5.04 | $3.08 |
| Shares Outstanding (Basic) | 436.0M | 303.0M | 235.3M | 232.2M | 231.6M | 230.9M | 229.4M | 192.2M |
| Shares Outstanding (Diluted) | 436.0M | 303.0M | 235.3M | 232.2M | 231.6M | 231.1M | 229.7M | 192.6M |
| Dividends Per Share | $0.16 | $0.04 | $0.04 | $0.60 | $3.00 | $2.25 | $1.50 | $1.40 |