Valaris Limited
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.37B | $2.26B | $1.88B | $1.57B | $1.23B | $1.39B | $2.05B | $1.71B |
| Floaters | — | $1.11B | $901.7M | $656.6M | $501.7M | $593.4M | $1.02B | $839.8M |
| Jackups | — | $828.9M | $755.9M | $711.2M | $530.7M | $599.3M | $897.6M | $805.8M |
| ARO_Management | — | $100.8M | $95.5M | $84.0M | $82.7M | $75.4M | $53.6M | $0 |
| Other_Reimbursables | — | $213.9M | $128.5M | $115.0M | $119.8M | $119.7M | $84.7M | $62.7M |
| Cost of Revenue | $1.63B | $1.76B | $1.54B | $1.38B | — | — | $1.81B | $1.32B |
| Gross Profit | $739.3M | $497.4M | $338.0M | $183.6M | — | — | $247.4M | $388.9M |
| Gross Margin | 31.2% | 22.0% | 18.0% | 11.7% | — | — | 12.0% | 22.8% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $97.1M | $116.3M | $99.3M | $80.9M | — | $214.6M | $188.9M | $102.7M |
| Operating Income | $477.0M | $352.3M | $53.5M | $37.2M | — | $-4.33B | $-669.8M | $-235.9M |
| Operating Margin | 20.1% | 15.6% | 2.8% | 2.4% | — | -312.3% | -32.6% | -13.8% |
| Interest Expense | — | — | — | — | — | $290.6M | $428.3M | $282.7M |
| Pretax Income | $552.3M | $370.2M | $84.2M | $224.9M | — | $-5.12B | $-63.8M | $-538.9M |
| Income Tax Expense | $-426.8M | $400.0K | $-782.6M | $43.1M | — | $-259.4M | $128.4M | $89.6M |
| Net Income | $982.8M | $373.4M | $865.4M | $176.5M | — | $-4.86B | $-198.0M | $-639.7M |
| Net Margin | 41.5% | 16.5% | 46.0% | 11.3% | — | -349.9% | -9.6% | -37.4% |
| EPS (Basic) | $13.92 | $5.18 | $11.68 | $2.35 | — | $-24.42 | $-1.14 | $-5.90 |
| EPS (Diluted) | $13.86 | $5.12 | $11.51 | $2.33 | — | $-24.42 | $-1.14 | $-5.90 |
| Shares Outstanding (Basic) | 70.6M | 72.1M | 74.1M | 75.1M | — | 198.9M | 437.1M | 436.0M |
| Shares Outstanding (Diluted) | 70.9M | 72.9M | 75.2M | 75.6M | 199.6M | 198.9M | 437.1M | 436.0M |
| Dividends Per Share | — | — | — | — | — | — | $40,000.00 | $0.16 |