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Valaris VAL Reimbursable revenues

Reimbursable revenues at other companies

Travel + Leisure logo
Travel + LeisureTNL
$107M-1.8%
Travel + Leisure logo
Travel + LeisureTNL
$107M-1.8%
Arthur J. Gallagher logo
Arthur J. GallagherAJG
$42M+7.7%
Arthur J. Gallagher logo
Arthur J. GallagherAJG
$42M+7.7%
Willis Towers Watson logo
Willis Towers WatsonWTW
$22M+4.8%
Hilton Worldwide logo
Hilton WorldwideHLT
$1.76B+7.7%

Other financials

Income statement

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Revenue$465.4M-25.0%
Gross profit$92.0M-55.3%
Operating income$20.0M-86.0%
Net income-$16.4M+56.7%
EPS (diluted)-$0.24+54.7%

Balance sheet

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Cash & equivalents$595.4M+31.2%
Total debt$1.2B-0.7%
Total equity$3.2B+43.2%
Total assets$5.4B+22.3%

Cash flow

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Operating cash flow$75.0M-51.9%
CapEx$100.9M+0.7%
Free cash flow-$25.9M-146%

Valuation

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Market cap$5.44B+143%

Profitability

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Gross margin28.3%-1.3pp
Operating margin16%-3.0pp
Net margin45.4%+32.8pp
FCF margin-31.2%

Returns & leverage

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Return on equity37.4%+22.8pp
Debt / equity0.4×-0.2×
Current ratio1.5×-0.1×

Where this comes from

Reported directly by Valaris in its filing.

Tagged under the XBRL concept val:ReimbursableRevenues.

The official record: Valaris’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Valaris's reimbursable revenues?
Valaris (VAL) reported reimbursable revenues of $35.3M in Q1 2026.
How has Valaris's reimbursable revenues changed year-over-year?
Valaris's reimbursable revenues decreased by 17.7% year-over-year, from $42.9M to $35.3M.
What is the long-term trend for Valaris's reimbursable revenues?
Over 3 years (2022 to 2025), Valaris's reimbursable revenues has grown at a 15.3% compound annual growth rate (CAGR), from $105.2M to $161.1M.
What does reimbursable revenues mean?
This represents revenue recognized from customers to offset specific third-party costs incurred during the delivery of services. These revenues are typically pass-through in nature and do not represent core operational margin. Tracking this helps distinguish between actual service growth and fluctuations in project-related expense recovery.