VAL Q4 2022 Earnings — Valaris Limited Revenue & Financial Results | Market Cap Arena

VALValaris Limited

$6B

Q4 2022 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$434M+41.9% YoY

Gross Profit

$80M18.5% margin

Operating Income

$41M9.5% margin

Net Income

$29M6.7% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

-0.8%

Cash Flow

Operating Cash Flow

$155M

Free Cash Flow

$101M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$2.9B

Total Liabilities

$1.6B

Stockholders' Equity

$1.3B

Cash & Equivalents

$749M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$434M	$306M	+41.9%
Gross Profit	$80M	$25M	+226.0%
Operating Income	$41M	-$897M	+104.6%
Net Income	$29M	$33M	-12.3%

Revenue Segments

Floaters

$211M38%

Jackups Member

$182M33%

ARO

$120M22%

Other Segments

$41M7%