VAL Q4 2021 Earnings — Valaris Limited Revenue & Financial Results | Market Cap Arena

VALValaris Limited

$6B

Q4 2021 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$306M+3.0% YoY

Gross Profit

$25M8.1% margin

Operating Income

-$897M-293.7% margin

Net Income

$33M10.9% margin

EPS (Diluted)

$0.37

QoQ Revenue Growth

-6.5%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$31M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$1.5B

Stockholders' Equity

$1.1B

Cash & Equivalents

$609M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$306M	$297M	+3.0%
Gross Profit	$25M	-$20M	+223.0%
Operating Income	-$897M	-$169M	-430.7%
Net Income	$33M	-$71M	+147.0%

Revenue Segments

Jackups Member

$172M42%

ARO

$105M26%

Floaters

$101M24%

Other Segments

$33M8%