VAL Q4 2019 Earnings — Valaris Limited Revenue & Financial Results | Market Cap Arena

VALValaris Limited

$6B

Q4 2019 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$512M+28.3% YoY

Gross Profit

$36M6.9% margin

Operating Income

-$193M-37.7% margin

Net Income

-$216M-42.2% margin

EPS (Diluted)

$-2.34

QoQ Revenue Growth

-7.1%

Cash Flow

Operating Cash Flow

$135M

Free Cash Flow

$75M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$16.9B

Total Liabilities

$7.6B

Stockholders' Equity

$9.3B

Cash & Equivalents

$97M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$512M	$399M	+28.3%
Gross Profit	$36M	$76M	-53.4%
Operating Income	-$193M	-$110M	-75.4%
Net Income	-$216M	-$204M	-6.1%

Revenue Segments

Jackups Member

$231M35%

Floaters

$216M33%

ARO

$148M22%

Other Segments

$65M10%