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Valaris VAL Operating Income

Operating Income at other companies

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Oceaneering InternationalOII
$88.24M+11.4%
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TransoceanRIG
$152M+116%
Seadrill logo
SeadrillSDRL
$24M+33.3%
Noble Corporation logo
Noble CorporationNE
$30.48M-77.5%
Nabors Industries logo
Nabors IndustriesNBR
$95.37M-6.3%
Oil States International logo
Oil States InternationalOIS
$4.28M-24.1%

Other financials

Income statement

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Revenue$539.2M-12.4%
Gross profit$123.7M-43.6%
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

Reported directly by Valaris in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Valaris’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 8:32 AM EDT
Fiscal quarter
Q4 FY2027
Calendar quarter
Q4 2027
Accession
0000314808-26-000141
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other operating (income) loss(2.8)7.8
Total operating expenses498.7450.0950.9930.3
EQUITY IN EARNINGS (LOSSES) OF ARO10.6(1.1)17.41.5
OPERATING INCOME51.1164.171.1307.1
OTHER INCOME (EXPENSE)
Interest income16.315.133.329.5
Interest expense, net(24.0)(24.8)(48.3)(49.1)
Other, net37.2(8.7)34.912.5

Item 1.Financial Statements

FAQ

What is Valaris's operating income?
Valaris (VAL) reported operating income of $51.1M in Q2 2026.
How has Valaris's operating income changed year-over-year?
Valaris's operating income decreased by 68.9% year-over-year, from $164.1M to $51.1M.
What is the long-term trend for Valaris's operating income?
Over 4 years (2021 to 2025), Valaris's operating income has grown at a -27.7% compound annual growth rate (CAGR), from -$1.74B to $477M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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