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Other financials

Income statement

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Revenue$539.2M-12.4%
Gross profit$123.7M-43.6%
Operating income$51.1M-68.9%
Net income$50.4M-56.2%
EPS (diluted)$0.72-55.3%

Balance sheet

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Cash & equivalents$558.0M+8.1%
Total debt$1.2B-0.4%
Total equity$3.2B+38.2%
Total assets$5.4B+21.0%

Cash flow

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Operating cash flow$13.1M-89.1%
CapEx$105.5M+57.0%
Free cash flow-$92.4M-275%

Valuation

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Market cap$5.36B+56.3%
Enterprise value$5.97B+46.2%
P/E5.7×-6.7×
P/S2.5×+1.1×

Profitability

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Gross margin24.8%-6.7pp
Operating margin11.3%-9.9pp
Net margin44%+32.8pp
FCF margin-31.2%

Returns & leverage

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Return on equity33.9%+21.6pp
Debt / equity0.4×-0.1×
Current ratio1.5×-0.3×

Where this comes from

Calculated from Valaris’s reported figures.

$39.4Mebit+
$36.6MDepreciation Depletion & Amortization
=$75.98M

The source filing: Valaris’s 10-K, filed February 20, 2026. Open the filing →

Filed
Feb 20, 2026, 3:08 PM EST
Fiscal year
FY2026
Accession
0000314808-26-000029

FAQ

What is Valaris's EBITDA?
Valaris (VAL) reported EBITDA of $75.98M in Q4 2025.
How has Valaris's EBITDA changed year-over-year?
Valaris's EBITDA decreased by 49.3% year-over-year, from $149.73M to $75.98M.
What is the long-term trend for Valaris's EBITDA?
Over 3 years (2022 to 2025), Valaris's EBITDA has grown at a 69.3% compound annual growth rate (CAGR), from $128.4M to $623.3M.
What does EBITDA mean?
Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.

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