Still calculating financial ratios manually?
Stop wasting time — let the computer do it!
Valaris Ltd (VALWT) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
CLARENDON HOUSE HAMILTON, HM 11 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1381 - Drilling Oil and Gas Wells (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2026 Q1 | 12/31/2025 Q4 | 9/30/2025 Q3 | 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 599,400 | 662,700 | 503,400 | 441,400 | 368,200 | 379,300 | |||
| Cash and cash equivalent | 599,400 | 662,700 | 503,400 | 441,400 | 368,200 | 379,300 | |||
| Receivables | 474,800 | 513,700 | 554,200 | 557,700 | 571,200 | 555,800 | |||
| Contract with customer, asset, after allowance for credit loss | 3,500 | 2,600 | 1,500 | 6,500 | |||||
| Other current assets | 144,700 | 154,400 | 157,000 | 139,400 | 127,000 | 163,500 | |||
| Other undisclosed current assets | 6,400 | 9,300 | 10,200 | 17,800 | 12,300 | 6,400 | |||
| Total current assets: | 1,225,300 | 1,343,600 | 1,227,400 | 1,157,800 | 1,078,700 | 1,111,500 | |||
| Noncurrent Assets | |||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 2,088,800 | 2,034,400 | 2,021,600 | 1,977,100 | 1,932,900 | 1,842,700 | |||
| Long-term investments and receivables | 121,800 | 119,300 | 114,900 | 116,000 | 113,400 | 102,700 | |||
| Long-term investments | 121,800 | 119,300 | 114,900 | 116,000 | 113,400 | 102,700 | |||
| Deferred income tax assets | 1,364,200 | 673,900 | 675,500 | 679,000 | 849,500 | 837,000 | |||
| Other noncurrent assets | 159,700 | 152,100 | 155,400 | 154,600 | 149,100 | 174,100 | |||
| Other receivable, after allowance for credit loss | 345,000 | 314,700 | 308,500 | 302,300 | 296,200 | 265,400 | |||
| Total noncurrent assets: | 4,079,500 | 3,294,400 | 3,275,900 | 3,229,000 | 3,341,100 | 3,221,900 | |||
| TOTAL ASSETS: | 5,304,800 | 4,638,000 | 4,503,300 | 4,386,800 | 4,419,800 | 4,333,400 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 348,200 | 327,100 | 332,300 | 329,300 | 328,500 | 303,700 | |||
| Accounts payable | 348,200 | 327,100 | 332,300 | 329,300 | 328,500 | 303,700 | |||
| Other liabilities | 343,400 | 390,900 | 346,400 | 365,300 | 351,000 | 388,600 | |||
| Total current liabilities: | 691,600 | 718,000 | 678,700 | 694,600 | 679,500 | 692,300 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,086,000 | 1,085,200 | 1,084,300 | 1,083,500 | 1,082,700 | 1,081,800 | |||
| Long-term debt, excluding current maturities | 1,086,000 | 1,085,200 | 1,084,300 | 1,083,500 | 1,082,700 | 1,081,800 | |||
| Liabilities, other than long-term debt | 355,500 | 384,200 | 407,000 | 397,200 | 413,300 | 435,500 | |||
| Deferred income tax liabilities | 29,700 | 27,000 | 29,400 | 29,400 | 30,100 | 31,100 | |||
| Other liabilities | 325,800 | 357,200 | 377,600 | 367,800 | 383,200 | 404,400 | |||
| Total noncurrent liabilities: | 1,441,500 | 1,469,400 | 1,491,300 | 1,480,700 | 1,496,000 | 1,517,300 | |||
| Total liabilities: | 2,133,100 | 2,187,400 | 2,170,000 | 2,175,300 | 2,175,500 | 2,209,600 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 3,169,600 | 2,447,800 | 2,329,700 | 2,207,000 | 2,238,500 | 2,114,900 | |||
| Treasury stock, value | (425,100) | (400,100) | (325,100) | (325,100) | (325,100) | (300,100) | |||
| Additional paid in capital | 1,134,900 | 1,128,600 | 1,124,600 | 1,118,600 | 1,113,300 | 1,108,200 | |||
| Accumulated other comprehensive income | 60,900 | 37,900 | 36,900 | 35,300 | 34,200 | 24,400 | |||
| Retained earnings | 2,381,700 | 1,664,200 | 1,476,100 | 1,361,000 | 1,398,900 | 1,265,200 | |||
| Warrants and rights outstanding | 16,400 | 16,400 | 16,400 | 16,400 | 16,400 | 16,400 | |||
| Other undisclosed equity, attributable to parent | 800 | 800 | 800 | 800 | 800 | 800 | |||
| Equity, attributable to noncontrolling interest | 2,100 | 2,800 | 3,600 | 4,500 | 5,800 | 8,900 | |||
| Total equity: | 3,171,700 | 2,450,600 | 2,333,300 | 2,211,500 | 2,244,300 | 2,123,800 | |||
| TOTAL LIABILITIES AND EQUITY: | 5,304,800 | 4,638,000 | 4,503,300 | 4,386,800 | 4,419,800 | 4,333,400 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2026 Q1 | 12/31/2025 Q4 | 9/30/2025 Q3 | 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 537,400 | 595,700 | 615,200 | 620,700 | 584,400 | 643,100 | ||
| Cost of revenue (Cost of Product and Service Sold) | (413,400) | (405,600) | (395,700) | (415,000) | (415,300) | (462,100) | ||
| Gross profit: | 124,000 | 190,100 | 219,500 | 205,700 | 169,100 | 181,000 | ||
| Operating expenses | (87,100) | (64,000) | (54,300) | (65,300) | (60,600) | (62,300) | ||
| Other operating income, net | ||||||||
| Other undisclosed operating income (loss) | 2,500 | 4,400 | (1,100) | 2,600 | 10,700 | (23,800) | ||
| Operating income: | 39,400 | 130,500 | 164,100 | 143,000 | 119,200 | 94,900 | ||
| Nonoperating income (expense) | (3,000) | 85,400 | (18,400) | 11,300 | 4,600 | (7,700) | ||
| Other nonoperating income (expense) | 3,100 | 87,700 | (8,700) | 21,200 | 10,100 | (2,800) | ||
| Income from continuing operations before income taxes: | 36,400 | 215,900 | 145,700 | 154,300 | 123,800 | 87,200 | ||
| Income tax expense (benefit) | 680,400 | (28,600) | (31,500) | (193,500) | 6,800 | (24,300) | ||
| Net income (loss): | 716,800 | 187,300 | 114,200 | (39,200) | 130,600 | 62,900 | ||
| Net income attributable to noncontrolling interest | 700 | 800 | 900 | 1,300 | 3,100 | 1,700 | ||
| Net income (loss) available to common stockholders, diluted: | 717,500 | 188,100 | 115,100 | (37,900) | 133,700 | 64,600 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2026 Q1 | 12/31/2025 Q4 | 9/30/2025 Q3 | 6/30/2025 Q2 | 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 716,800 | 187,300 | 114,200 | (39,200) | 130,600 | 62,900 | ||
| Other comprehensive income | 23,000 | 1,000 | 1,600 | 1,100 | 9,800 | 100 | ||
| Comprehensive income (loss): | 739,800 | 188,300 | 115,800 | (38,100) | 140,400 | 63,000 | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 700 | 800 | 900 | 1,300 | 3,100 | 1,700 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 740,500 | 189,100 | 116,700 | (36,800) | 143,500 | 64,700 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.
An easy way to get professional financial analysis in one click
Load financial statements → click "Get report" → Your report is ready.
No financial analysis knowledge required!