VAL - NYSE

Valaris Limited

VAL·NYSE

$92.06

-1.6%

EnergyOil & Gas Equipment & Services

Valaris Limited provides offshore contract drilling services to the international oil and gas industry. The company owns an offshore drilling rig fleet of 56 rigs, which include 11 drillships, 4 dynamically positioned semisubmersible rigs, 1 moored semisubmersible rig, and 40 jackup rigs. It serves international, government-owned, and independent oil and gas companies in the Gulf of Mexico, the North Sea, the Middle East, West Africa, Australia, and Southeast Asia. The company was incorporated in 2009 and is based in Hamilton, Bermuda.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$6.38B

EPS13.9200

P/E Ratio6.61

Earnings Date07/29/2026

546.20M

Operating Cash Flow

54%

3Y+330.0%

5Y-317.0%

10Y-49.0%

-205.60M

Investing Cash Flow

-55%

3Y+1131.0%

5Y+390.0%

10Y-64.0%

-103.60M

Financing Cash Flow

-35%

3Y+1519.0%

5Y-120.0%

10Y-120.0%

Valaris Limited Cash Conversion Engine

VAL · NYSE

FCF Components

Net Income717.50M

Depreciation & Amortization146.30M

Stock-Based Compensation25.20M

Change in Working Capital43.70M

Others128.60M

Capital Expenditures-343.50M

Free Cash Flow202.70M

Cash Flow Quality Analysis

FCF Conversion Rate

28.3%

Weak cash conversion. Significant portion of earnings not converting to cash—review working capital trends and capital intensity.

CapEx Intensity

62.9%

Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.

FCF Growth Trend

+303.3%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$43.70M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Capital-intensive growth: Heavy reinvestment limits current cash available but may drive future returns. Assess whether CapEx supports compelling growth opportunities with adequate ROI.

Valaris Limited Cash Flow Statement

VAL • NYSE

Valaris Limited Cash Flow Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
OPERATING ACTIVITIES
Net Income	717.5M	369.8M	866.8M	181.8M	-4.5B	-4.9B	-192.2M	-632.1M	-305.1M	865.5M	-1.5B	-3.9B	1.4B	1.2B	600.4M	579.5M	779.4M	1.2B	992M	769.7M
Depreciation & Amortization	146.3M	122.1M	101.1M	91.2M	225.7M	547M	592.9M	479.7M	445.7M	446.2M	573.4M	530M	467.8M	410.2M	418.9M	216.3M	205.9M	189.5M	184.3M	175M
Change in Deferred Taxes	-515.1M	5.8M	-786.4M	7.9M	-39.5M	-105.7M	23.9M	56.6M	55M	28.7M	-158M	-123.5M	6.2M	18M	-19.6M	14.3M	19.8M	2.2M	400K	15.9M
Stock-Based Compensation	25.2M	27.7M	27.3M	17.4M	0.0	21.4M	37.3M	41.6M	53.4M	39.6M	40.2M	45.1M	50.3M	53.2M	0.0	44.5M	35.5M	27.3M	36.9M	21.9M
Other Non-Cash Items	128.6M	-35.8M	-63.1M	-164.7M	4.2B	4.2B	-686.3M	1B	810.4M	415.3M	3.7B	5.3B	195.3M	607.2M	450.9M	63.2M	4.1M	-560.2M	6.3M	-289.1M
Cash Taxes Paid	(0.0)	(55.6M)	(0.0)	(5.6M)	(0.0)	(48.5M)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)
Change in Working Capital	43.7M	-134.2M	121.8M	-6.6M	73.2M	-22M	-52.5M	-18M	65.4M	-8.2M	-84M	93.3M	-151.1M	59.1M	-766M	-80M	195M	348M	23M	255M
Cash from Operating Activities	546.2M	355.4M	267.5M	127M	-66M	-251.7M	-276.9M	-55.7M	259.4M	1.1B	1.7B	2.1B	2B	2.2B	732.3M	818.1M	1.2B	1.2B	1.2B	947.5M
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment	-343.5M	-455.1M	-696.1M	-207M	-58.9M	-93.8M	-227M	-426.7M	-536.7M	-322.2M	-1.6B	-1.6B	-1.8B	-1.7B	-741.6M	-875.3M	-861M	-772M	-519M	-528M
Acquisitions, Net	(137.9M)	(0.0)	(0.0)	(0.0)	(55.2M)	(44.6M)	(931.9M)	-111M	-871.6M	(9.8M)	(1.6M)	(707.3M)	(0.0)	(0.0)	-2.7B	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)
Purchase of Investments	(0.0)	(0.0)	(0.0)	-220M	(0.0)	(0.0)	-145M	-919M	-1B	-2.5B	-1.8B	-790.6M	-50M	(0.0)	(0.0)	(0.0)	(0.0)	-72.3M	(0.0)	(0.0)
Sale/Maturity of Investments	0.0	0.0	0.0	220M	0.0	0.0	474M	1B	2B	2.2B	1.4B	83.3M	50M	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Investing Items	0.0	2.8M	30.3M	190.3M	0.0	7.2M	17.7M	13.5M	2M	8.4M	-8.7M	-430.9M	38.8M	16M	42M	159.6M	7.3M	122.5M	6.8M	26M
Cash from Investing Activities	-205.6M	-452.3M	-665.8M	-16.7M	-3.7M	-42M	(1.1B)	-302.2M	-403.8M	-566.6M	-2B	-2B	-1.7B	-1.7B	-3.4B	-715.7M	-853.7M	-721.8M	-512.2M	-502M
FINANCING ACTIVITIES
Net Issuance of Common Stock	-100M	-126.4M	-198.6M	0.0	0.0	0.0	0.0	0.0	0.0	585.5M	300K	2.6M	22.3M	35.8M	39.9M	-4.6M	3.1M	-232.4M	-485.8M	-118.2M
Net Issuance of Debt	0.0	0.0	531.2M	0.0	390.1M	571.3M	-928.1M	0.0	0.0	-37.8M	-34.6M	1.2B	-52.1M	-172.5M	2.3B	-23.4M	-17.2M	-19M	-167.2M	-17.1M
Cash Paid for Dividends	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	-4.5M	-17.9M	-13.8M	-11.6M	-141.2M	-703M	-525.6M	-348.1M	-153.7M	-153.7M	-14.2M	-14.3M	-14.8M	-15.3M
Share Repurchases	-100M	-126.4M	-198.6M	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(585.5M)	(0.0)	(2.6M)	(0.0)	(35.8M)	(39.9M)	-4.6M	(3.1M)	-232.4M	-485.8M	-118.2M
Other Financing Items	-3.6M	-31.9M	-47.1M	-6.4M	-1.4M	-49.1M	-19.7M	206.1M	-556.7M	-7.1M	-16.3M	-29.8M	-21.7M	49.3M	-86.2M	-10.9M	-5.9M	5.3M	2.5M	2.6M
Cash from Financing Activities	-103.6M	-158.3M	285.5M	-6.4M	388.7M	522.2M	-952.3M	188.2M	-570.5M	529M	-191.8M	442.7M	-577.1M	-435.5M	2B	-192.6M	-34.2M	-260.4M	-665.3M	-148M
CASH FLOW SUMMARY
Effect of Foreign Exchange Rates	-11.1M	0.0	0.0	-500K	-200K	100K	-300K	-600K	600K	-1.4M	-300K	0.0	-200K	2M	-800K	-500K	500K	-15M	-800K	-200K
Net Change in Cash	225.9M	-255.2M	-112.8M	103.9M	318.8M	228.6M	-177.9M	-170.3M	-714.3M	1B	-543.5M	499.2M	-321.4M	56.1M	-620M	-90.7M	351.8M	160.1M	63.7M	297.3M
Cash at Beginning of Period	380.5M	635.7M	748.5M	644.6M	325.8M	97.2M	275.1M	445.4M	1.2B	121.3M	664.8M	165.6M	487M	431M	1.1B	1.1B	790M	630M	566M	269M
Cash at End of Period	606.4M	380.5M	635.7M	748.5M	644.6M	325.8M	97.2M	275.1M	445.4M	1.2B	121.3M	664.8M	165.6M	487.1M	431M	1.1B	1.1B	790.1M	629.7M	566.3M
Free Cash Flow	202.7M	-99.7M	-428.6M	-80M	-124.9M	-345.5M	-503.9M	-482.4M	-277.3M	755.2M	78.4M	487.4M	217M	473.9M	-9.3M	-57.2M	378.2M	385.3M	723M	419.5M

SEC Filings

VAL - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 05, 2026	May 04, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 05, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 04, 2026	May 04, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 04, 2026	May 04, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 16, 2026	June 10, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 20, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 19, 2026	February 19, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 17, 2026	February 17, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 10, 2026	February 09, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 09, 2026	February 09, 2026	2026	View Filing

Showing 1 to 10 of 750 filings

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