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Valaris VAL Total costs & expenses

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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

Reported directly by Valaris in its filing.

Tagged under the XBRL concept us-gaap:CostsAndExpenses.

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 itemFloatersJackupsAROOtherReconciling ItemsConsolidated Total
Depreciation17.216.222.06.1(16.9)44.6
General and administrative10.616.627.2
Merger and integration expenses11.411.4
Total operating expenses195.6172.8104.245.4(19.3)498.7
Equity in earnings of ARO10.610.6
Operating income$94.4$24.4$22.7$6.6$(97.0)$51.1
Property and equipment, net$1,320.2$636.3$1,270.4$224.1$(1,217.2)$2,233.8
Capital expenditures$58.4$21.6$39.3$24.1$(37.9)$105.5

Item 1.Financial Statements

FAQ

What is Valaris's total costs & expenses?
Valaris (VAL) reported total costs & expenses of $498.7M in Q2 2026.
How has Valaris's total costs & expenses changed year-over-year?
Valaris's total costs & expenses increased by 10.8% year-over-year, from $450M to $498.7M.
What is the long-term trend for Valaris's total costs & expenses?
Over 4 years (2021 to 2025), Valaris's total costs & expenses has grown at a -14.9% compound annual growth rate (CAGR), from $3.62B to $1.9B.
What does total costs & expenses mean?
This is the aggregate of all operating and non-operating costs incurred by the company during a reporting period, including cost of services, administrative overhead, and impairments. It provides a comprehensive view of the total expenditure required to sustain the business model. Analyzing this metric is essential for evaluating overall cost structure and margin sustainability.

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