Valaris Ltd
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $2.4B | $2.4B | $1.8B | $1.6B | — |
| Cost of revenue | $1.6B | $1.8B | $1.5B | $1.4B | — |
| Operating expenses | — | — | — | $1.4B | — |
| Operating income | $477.0M | $352.3M | $53.5M | $37.2M | — |
| Pretax income | $552.3M | $370.2M | $84.2M | $224.9M | — |
| Income tax expense | -$426.8M | $400,000 | -$782.6M | $43.1M | — |
| Net income | $982.8M | $373.4M | $865.4M | $176.5M | — |
| Balance Sheet | |||||
| Cash and equivalents | $599.4M | $368.2M | $620.5M | $724.1M | $608.7M |
| Current assets | $1.2B | $1.1B | $1.3B | $1.3B | $1.2B |
| Total assets | $5.3B | $4.4B | $4.3B | $2.9B | $2.6B |
| Current liabilities | $691.6M | $679.5M | $744.3M | $504.4M | $422.0M |
| Total liabilities | $2.1B | $2.2B | $2.3B | $1.6B | — |
| Stockholders' equity | $3.2B | $2.2B | $2.0B | $1.3B | $1.1B |
| Cash Flow Statement | |||||
| Cash from operations | $546.2M | $355.4M | $267.5M | $127.0M | — |
| Depreciation and amortization | $146.3M | $122.1M | $101.1M | $91.2M | — |
| Stock-based compensation | $25.2M | $27.7M | $27.3M | $17.4M | — |
| Capital expenditure | $343.5M | $455.1M | $696.1M | $207.0M | — |
| Free cash flow | $202.7M | -$99.7M | -$428.6M | -$80.0M | — |
| Share repurchases | $100.0M | $126.4M | $198.6M | $0 | — |
| Impairments | $27.3M | $0 | $0 | $34.5M | — |
Shares outstanding 69.3M · Free float 73.1%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.