VAL Q4 2023 Earnings — Valaris Limited Revenue & Financial Results | Market Cap Arena

VALValaris Limited

$6B

Q4 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$484M+11.6% YoY

Gross Profit

$82M16.9% margin

Operating Income

$38M7.9% margin

Net Income

$835M172.6% margin

EPS (Diluted)

$11.30

QoQ Revenue Growth

+6.3%

Cash Flow

Operating Cash Flow

$93M

Free Cash Flow

-$364M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.3B

Total Liabilities

$2.3B

Stockholders' Equity

$2.0B

Cash & Equivalents

$621M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$484M	$434M	+11.6%
Gross Profit	$82M	$80M	+2.0%
Operating Income	$38M	$41M	-6.8%
Net Income	$835M	$29M	+2760.3%

Revenue Segments

Floaters

$618M55%

ARO

$375M33%

Other Segments

$130M12%