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MARKETS / NYSE / VAL
NYSE · DRILLING OIL & GAS WELLS · LARGE CAP

Valaris Ltd. VAL

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$11.9M
▲ 24.0% YoY
$982.8M
▲ 163.2% YoY
$202.7M
In brief

What this company does

As of February 20, 2026, we own 46 rigs, including 13 drillships, two semisubmersible rigs, 31 jackup rigs and a 50% equity interest in ARO, our 50/50 unconsolidated joint venture with Saudi Aramco, which owns an additional nine rigs. The markets in which we operate include the Gulf of America, South America, the North Sea, the Mediterranean, the Middle East, Africa and Asia Pacific. We believe our people are one of the most important elements of our success, and we benefit from a motivated, engaged and diverse workforce.

Written from the business description in Valaris Limited's annual report to the U.S. Securities and Exchange Commission, filed 20 February 2026. Every sentence was checked against that document before publication.

Growth
USD 11.9M
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 0.0 · Net income 1.0
1B2B-2B-4B200820102012201420162018202020232025
Compound annual growth
−80.5%
−61.6%
+77.2%
+3.6%
+81.2%
−3.4%
−3.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −61.6% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
8228 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 4008.4% · Net 8227.7%
5000%200820102012201420162018202020232025
ROE
FY2025 · ROE 36.3%
20%40%-20%-40%-60%200820102012201420162018202020232025

Each USD of equity produced 36 cents of profit this year.

Cash & shareholders
USD 100.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 202.7
400M-200M-400M200820102012201420162018202020232025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 100.0
250.0M500.0M200820102012201420162018202020232025

USD 100.0M in buybacks — 10% of the year's profit went back to shareholders.

Total assetsUSD 5.3B
EquityUSD 3.2B
CashUSD 599.4M
Gross debtUSD 1.1B
Net debtUSD 486.6M
Current ratio1.77×

Net debt stands at 15% of equity.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222020201920182017201620152014201320122011201020092008
Revenue $B0.00.01.81.61.42.11.71.82.8········
Operating income $B0.50.40.10.0−4.3−0.7−0.2−0.10.9−1.2−2.41.71.40.80.60.91.3
EBITDA $B0.60.50.20.1−3.8−0.10.2··········
Income tax $B−0.40.0−0.80.0−0.30.10.10.10.1−0.00.10.20.20.10.10.20.2
Net income $B1.00.40.90.2−4.9−0.2−0.6−0.30.9−1.6−3.91.41.20.60.60.81.2
Free cash flow $B0.2−0.1−0.4−0.1−0.3−0.5−0.5−0.30.80.10.50.00.20.0−0.10.30.3
EPS, diluted $13.865.1211.512.33−24.42−1.14−5.90−3.663.13−6.88−16.886.075.043.084.065.488.02
Dividend / sh $·····40000.000.160.040.040.603.002.251.501.401.070.100.10
Payout %····−0−2−3−51−9−183730492721
ROE %36.317.752.814.9−71.0−2.3−7.6−3.612.1−21.7−37.211.510.37.110.114.2·
Shares out B0.070.070.070.08·············

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 69 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 19 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityDrilling Oil & Gas Wells
Listed onNYSE
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2008

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