Valaris Limited
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $2.37B | $2.36B | $1.78B | $1.60B | — | $1.43B | $2.05B |
| Cost of Revenue | — | $1.63B | $1.76B | $1.54B | $1.38B | — | — | $1.81B |
| Gross Profit | — | $739.3M | $601.7M | $240.6M | $219.3M | — | — | $247.2M |
| Gross Margin | — | 31.2% | 25.5% | 13.5% | 13.7% | — | — | 12.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $97.1M | $116.3M | $99.3M | $80.9M | — | $214.6M | $188.9M |
| Operating Income | — | $477.0M | $352.3M | $53.5M | $37.2M | — | $-4.33B | $-669.8M |
| Operating Margin | — | 20.1% | 14.9% | 3.0% | 2.3% | — | -303.7% | -32.6% |
| Interest Expense | — | — | — | — | — | — | $290.6M | $428.3M |
| Pretax Income | — | $552.3M | $370.2M | $84.2M | $224.9M | — | $-5.12B | $-63.8M |
| Income Tax Expense | — | $-426.8M | $400.0K | $-782.6M | $43.1M | — | $-259.4M | $128.4M |
| Net Income | — | $982.8M | $373.4M | $865.4M | $176.5M | — | $-4.86B | $-198.0M |
| Net Margin | — | 41.5% | 15.8% | 48.5% | 11.0% | — | -340.2% | -9.6% |
| EPS (Basic) | — | $13.92 | $5.18 | $11.68 | $2.35 | — | $-24.42 | $-1.14 |
| EPS (Diluted) | — | $13.86 | $5.12 | $11.51 | $2.33 | — | $-24.42 | $-1.14 |
| Shares Outstanding (Basic) | 69.2M | 70.6M | 72.1M | 74.1M | 75.1M | — | 198.9M | 437.1M |
| Shares Outstanding (Diluted) | 69.2M | 70.9M | 72.9M | 75.2M | 75.6M | 199.6M | 198.9M | 437.1M |
| Dividends Per Share | — | — | — | — | — | — | — | $40,000.00 |