Valaris Ltd (VAL)
Valaris Ltd brought in $2.1B of revenue over the twelve months to September 30, 2026, down 11.6% from a year earlier. Net income was $797.6M, a net margin of 37.3%. Operating cash flow minus capital spending left $202.7M of free cash flow in fiscal 2025. At September 30, 2026 it held $525.1M in cash against $1.1B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 3, 2026.
Key facts about Valaris Ltd
- Net worth
- Valaris Ltd has a market value (market cap) of $5.5B at the latest share price, and shareholders' equity of $3.3B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $2.4B (+0.3% year on year), with net income of $982.8M. Over the 12 months to September 30, 2026: revenue $2.1B, net income $797.6M.
- Cash flow
- In fiscal 2025 operations brought in $546.2M of cash; after $343.5M of capital spending, free cash flow was $202.7M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 3, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Valaris Ltd's next report is expected around January 29, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Valaris Ltd does
Valaris Ltd is registered with the SEC under industry code SIC 1381 (Drilling Oil & Gas Wells). Its shares trade on NYSE under the ticker VAL.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $2.4B | $982.8M | $13.86 | $202.7M |
| 2024 | $2.4B | $373.4M | $5.12 | -$99.7M |
| 2023 | $1.8B | $865.4M | $11.51 | -$428.6M |
| 2022 | $1.6B | $176.5M | $2.33 | -$80M |
| 2020 | $1.4B | -$4.9B | -$24.42 | -$345.5M |
| 2019 | $2.1B | -$198M | -$1.14 | -$503.9M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where VAL ranks in Energy
Dividends
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2020 | n/a | $0 | n/a |
| 2019 | $40,000.00 | $4.5M | n/a |
| 2018 | $160,000.00 | $17.9M | n/a |
| 2017 | $40,000.00 | $13.8M | n/a |
| 2016 | $40,000.00 | $11.6M | 1% |
| 2015 | $600,000.00 | $141.2M | n/a |
Latest SEC filings
What Valaris Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 3, 2026Quarterly report 10-Q · period to September 30, 2026Revenue was flat at $593.6M versus the same quarter last year; diluted EPS $0.66 versus $2.65.
- November 2, 2026
- November 2, 2026
- October 30, 2026Additional proxy material DEFA14A
- October 23, 2026Additional proxy material DEFA14A
- October 23, 2026Other event 8-K
- October 14, 2026Additional proxy material DEFA14A
- October 14, 2026Other event 8-K
- October 14, 2026Merger proxy statement DEFM14A
- September 30, 2026Additional proxy material DEFA14A
What is VAL worth? A DCF from its reported cash flow
Insider trades
What the people running Valaris Ltd did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| July 3, 2026 | Barron MelissaController | Shares withheld for tax | 260 | $19.6K |
| July 1, 2026 | Barron MelissaController | Received as pay | 8,673 | - |
| July 1, 2026 | Barron MelissaController | Shares withheld for tax | 735 | $53.3K |
| June 10, 2026 | Johansen KristianDirector | Exercised options | 4,860 | - |
| June 10, 2026 | Johansen KristianDirector | Other change | 1,944 | $173K |
| June 10, 2026 | Johansen KristianDirector | Received as pay | 1,984 | - |
| June 10, 2026 | Hughes CatherineDirector | Received as pay | 2,493 | - |
| June 10, 2026 | Hughes CatherineDirector | Shares withheld for tax | 397 | $35.3K |
Who owns VAL
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Famatown Finance Limited13D, may seek influence with 2 related filers | 11.23% | February 11, 2026 |
| Orbis Investment Management Limited ("OIML")13G, passive | 7.1% | November 14, 2024 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 335 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 8,213,354 | -10,815 |
| Oak Hill Advisors LP | 3,905,782 | -886,197 |
| Dimensional Fund Advisors LP | 3,403,354 | +53,911 |
| Vanguard Portfolio Management LLC | 2,904,518 | +20,721 |
| Vanguard Capital Management LLC | 2,604,288 | +8,066 |
| State Street Corp | 2,521,632 | +24,124 |
| Lingotto Investment Management LLP | 2,411,493 | -1,295,373 |
| Morgan Stanley | 2,264,366 | +183,511 |
| Geode Capital Management, LLC | 2,059,146 | +427,897 |
| Goldman Sachs Group Inc | 1,901,740 | +120,639 |
| American Century Companies Inc | 1,607,666 | -69,443 |
| Hbk Investments L P | 1,575,143 | new |
| Goehring & Rozencwajg Associates, LLC | 1,413,542 | +94,191 |
| Healthcare of Ontario Pension Plan Trust Fund | 1,261,325 | -101,905 |
| Condire Management, LP | 1,067,010 | -91,641 |
| Millennium Management LLC | 1,063,829 | +100,184 |
| AQR Arbitrage LLC | 1,049,607 | +439,896 |
| Van Eck Associates Corp | 1,013,193 | -90,177 |
| ANTIPODES PARTNERS Ltd | 996,450 | +225,458 |
| Whitebox Advisors LLC | 850,696 | +266,759 |
Insiders
10 insiders reported holding 578,267 shares in total, about $45.9M at the last price.
| Holder | Shares |
|---|---|
| Dibowitz AntonPresident & CEO, Director | 254,607 |
| Luca GillesSVP - COO | 83,551 |
| Weber Christopher TSVP - CFO | 62,433 |
| Leykum ElizabethDirector | 43,019 |
| Goldschmid JosephDirector | 38,560 |
| Lyne MatthewSVP - CCO | 33,652 |
| Vukadin DavorSVP & General Counsel | 19,707 |
| Barron MelissaController | 17,742 |
| Hughes CatherineDirector | 15,448 |
| Johansen KristianDirector | 9,548 |
Questions about VAL
What does Valaris Ltd do?
Valaris Ltd is a company in the Energy sector, listed on NYSE as VAL. Its shares trade on NYSE under the ticker VAL.
What is Valaris Ltd's net worth?
Valaris Ltd has a market value (market cap) of $5.5B at the latest share price, and shareholders' equity of $3.3B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Valaris Ltd profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $797.6M on revenue of $2.1B, a net margin of 37.3%.
How much revenue does Valaris Ltd make?
Over the twelve months to September 30, 2026 Valaris Ltd reported revenue of $2.1B. That is 11.6% less than a year earlier.
When did Valaris Ltd last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 3, 2026. It covers the period to September 30, 2026.
When is Valaris Ltd's next earnings report?
Valaris Ltd's next report is expected around January 29, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Valaris Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.