VAL Q4 2020 Earnings — Valaris Limited Revenue & Financial Results | Market Cap Arena

VALValaris Limited

$6B

Q4 2020 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$297M-42.1% YoY

Gross Profit

-$20M-6.7% margin

Operating Income

-$169M-57.0% margin

Net Income

-$71M-23.9% margin

EPS (Diluted)

$-0.95

QoQ Revenue Growth

+3.9%

Cash Flow

Operating Cash Flow

$145M

Free Cash Flow

$134M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$12.9B

Total Liabilities

$8.5B

Stockholders' Equity

$4.4B

Cash & Equivalents

$326M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$297M	$512M	-42.1%
Gross Profit	-$20M	$36M	-156.3%
Operating Income	-$169M	-$193M	+12.4%
Net Income	-$71M	-$216M	+67.2%

Revenue Segments

Jackups Member

$179M43%

ARO

$118M28%

Floaters

$106M25%

Other Segments

$12M3%