VAL Q4 2018 Earnings — Valaris Limited Revenue & Financial Results | Market Cap Arena

VALValaris Limited

$6B

Q4 2018 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$399M-12.2% YoY

Gross Profit

$76M19.1% margin

Operating Income

-$110M-27.6% margin

Net Income

-$204M-51.0% margin

EPS (Diluted)

$-1.88

QoQ Revenue Growth

-7.4%

Cash Flow

Operating Cash Flow

$27M

Free Cash Flow

-$22M

Stock-Based Comp.

$34M

Balance Sheet

Total Assets

$14.0B

Total Liabilities

$5.9B

Stockholders' Equity

$8.1B

Cash & Equivalents

$275M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$399M	$454M	-12.2%
Gross Profit	$76M	$120M	-36.4%
Operating Income	-$110M	-$253M	+56.6%
Net Income	-$204M	-$207M	+1.7%

Revenue Segments

Operating Segments Total Member

$399M50%

Floaters

$228M29%

Jackups Member

$156M19%

Other Segments

$16M2%