VAL · XBRL financial data

Valaris financial statements, every fiscal year

The same tables from 11 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (VAL's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	1,427	—	1,603	1,784	2,363	2,369
Revenue from contracts with customers	—	—	9	8	10	12
Cost of goods and services sold	—	—	1,383	1,544	1,761	1,630
General and administrative	215	—	81	99	116	97
Total operating expenses	1,459	—	1,383	—	—	—
Operating income (loss)	(4,323)	—	37	54	352	477
Interest expense	291	—	—	—	—	—
Other income (expense)	4	—	170	(2)	17	103
Income tax expense (benefit)	(259)	—	43	(783)	0	(427)
Net income (loss)	(4,856)	—	177	865	373	983
Earnings per share, basic USD per share	(24.42)	—	2.35	11.68	5.18	13.92
Earnings per share, diluted USD per share	(24.42)	—	2.33	11.51	5.12	13.86
Weighted average shares, basic millions of shares	199	—	75	74	72	71
Weighted average shares, diluted millions of shares	199	200	76	75	73	71

Fiscal years (VAL's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	326	609	724	621	368	599
Short-term investments	—	0	—	—	—	—
Inventory	279	0	—	—	—	—
Prepaid and other current assets	—	—	149	177	127	145
Total current assets	1,173	1,207	1,346	1,272	1,079	1,225
Property and equipment, net	10,961	891	977	1,634	1,933	2,089
Right-of-use asset	36	21	21	75	85	69
Total assets	12,873	2,609	2,860	4,322	4,420	5,305
Accounts payable	176	226	257	400	329	348
Current portion of long-term debt	0	0	—	—	—	—
Total current liabilities	427	422	504	744	680	692
Long-term debt	0	545	542	1,079	1,083	1,086
Lease liability, non-current	22	13	14	49	57	37
Total liabilities	—	—	1,562	2,325	2,176	2,133
Retained earnings (accumulated deficit)	(4,184)	(33)	160	1,026	1,399	2,382
Total stockholders' equity	4,375	1,058	1,290	1,988	2,239	3,170
Total liabilities and equity	12,873	2,609	2,860	4,322	4,420	5,305
Common shares outstanding (cover page) millions of shares	200	75	75	72	71	69

Fiscal years (VAL's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(4,856)	—	177	865	373	983
Stock-based compensation	21	—	17	27	28	25
Net cash from operating activities	(252)	—	128	268	355	546
Purchases of property and equipment	94	—	207	696	455	344
Net cash from investing activities	(42)	—	(17)	(666)	(452)	(206)
Share repurchases	—	—	0	199	126	100
Dividends paid	0	—	—	—	—	—
Repayments of long-term debt	10	—	0	572	0	0
Net cash from financing activities	522	—	(6)	286	(158)	(104)
Net change in cash	229	—	104	(113)	(255)	237

SIC 1381 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 1381 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Valaris	525	594	67*	69.4M	Q3 FY26 10-QSep 30, 2026
Helmerich & Payne	204	1,035	154*	99.9M	Q3 FY26 10-QJun 30, 2026
Transocean	499	937	not reported	1.1B	Q3 FY26 10-QSep 30, 2026
Patterson Uti Energy	337	1,336	301*	379.4M	Q3 FY26 10-QSep 30, 2026
Oceaneering International	735	785	163*	99.4M	Q3 FY26 10-QSep 30, 2026
Expro	170	440	65*	111.8M	Q3 FY26 10-QSep 30, 2026
Noble	337	729	144*	159.7M	Q3 FY26 10-QSep 30, 2026
Liberty Energy	119	1,196	223*	not reported	Q3 FY26 10-QSep 30, 2026
Select Water Solutions	33	396	87*	not reported	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.