Growth & profitability
- Revenue has grown 9.0% per year over the past 5 years.
Financial health
- Total debt ($1.1B) exceeds cash ($599M); net debt is $487M.
- Total debt is 2.3× EBITDA.
VAL Financials Valaris Ltd
15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $12M | $979M | -13595.0% | 4008.4% | $203M | $1.1B | $599M |
| 2024 | $10M | $867M | -18242.7% | 3669.8% | -$100M | $1.1B | $368M |
| 2023 | $8M | $182M | -18276.2% | 636.9% | -$429M | $1.1B | $621M |
| 2022 | $9M | -$4.5B | -14934.8% | 404.3% | -$80M | $542M | $724M |
| 2021 | — | $370M | — | — | — | $545M | $609M |
| 2020 | — | -$4.9B | — | — | -$346M | $0 | $326M |
| 2019 | — | -$198M | — | — | -$504M | $6.0B | $97M |
| 2018 | — | -$640M | — | — | -$482M | $2.5B | $275M |
| 2017 | — | -$304M | — | — | — | $4.8B | $445M |
| 2016 | — | $890M | — | — | — | $5.3B | $1.2B |
| 2015 | — | -$1.6B | — | — | — | $5.9B | $121M |
| 2014 | — | -$3.9B | — | — | — | $5.7B | $665M |
| 2013 | — | $1.4B | — | — | — | $4.5B | $166M |
| 2012 | — | $1.2B | — | — | — | $4.5B | $487M |
| 2011 | — | $600M | — | — | — | $5.0B | $431M |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $8M | -$16M | -4878.7% | 266.7% | -$26M | $1.1B | $578M |
| Dec '25 | $5M | $718M | -7850.0% | 757.7% | -$34M | $1.1B | $599M |
| Sep '25 | $6M | $188M | -7142.9% | 2330.4% | $128M | $1.1B | $663M |
| Jun '25 | $700000 | $115M | -56428.6% | 23442.9% | $53M | $1.1B | $503M |
| Mar '25 | $400000 | -$38M | -103650.0% | 35750.0% | $56M | $1.1B | $441M |
| Dec '24 | -$2M | $134M | 24529.4% | -7011.8% | $13M | $1.1B | $368M |
| Sep '24 | $4M | $65M | -11748.7% | 2433.3% | $111M | $1.1B | $379M |
| Jun '24 | $5M | $150M | -9039.6% | 2268.8% | -$99M | $1.1B | $398M |
| Mar '24 | $3M | $26M | -17007.7% | 1126.9% | -$125M | $1.1B | $494M |
| Dec '23 | $3M | $835M | -12867.7% | 1235.5% | -$366M | $1.1B | $621M |
| Sep '23 | $1M | $13M | -27821.4% | 1185.7% | -$58M | $1.1B | $1.0B |
| Jun '23 | $3M | -$29M | -13239.3% | -353.6% | -$100M | $682M | $787M |
| Mar '23 | $1M | $47M | -34190.9% | 772.7% | $95M | $543M | $823M |
| Dec '22 | $2M | $29M | -19533.3% | 2283.3% | $101M | $542M | $724M |
| Sep '22 | $3M | $74M | -11123.3% | 2053.3% | $33M | $542M | $406M |
| Jun '22 | $1M | $112M | -36080.0% | -1560.0% | -$176M | $546M | $554M |
| Mar '22 | $3M | -$39M | -9644.1% | -1467.6% | -$38M | $546M | $578M |
| Dec '21 | $200000 | $33M | 0.0% | -10050.0% | -$34M | $545M | $609M |
| Sep '21 | $1M | -$55M | 0.0% | 221.4% | -$9M | $545M | $621M |
| Jun '21 | $900000 | -$6M | 0.0% | 1077.8% | -$34M | $545M | $609M |
Valuation over time
How the market has priced VAL against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has fallen from 23.6× (Jan '24) to 5.5× (Jun '26).
- The price-to-sales ratio has fallen from 489.8× (Mar '23) to 450.4× (Jun '26).
P/E
P/S
Frequently asked questions
Is VAL growing its revenue and profit?
Over the past 5 years, Valaris Ltd's revenue has grown 9.0% per year. These are computed facts, not advice.
How much debt does VAL have?
As of FY2025, Valaris Ltd reported $1.1B of total debt against $599M of cash.
What is VAL's profit margin?
In FY2025, gross margin was -13595.0%, operating margin 4008.4%, and net margin 8227.7%.
What is VAL's P/E ratio?
As of Jun '26, Valaris Ltd traded at a price-to-earnings ratio of about 5.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.