Valaris Limited
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Valaris Limited's past years’ income statements indicate that its last revenue has increased compared to the previous period by 11% to $1,784,200,000. The net income raised on $865,400,000 and profit margin reached 49%. Total operating expenses were $99,300,000.
Profit Margin
| 2014 | 4.56B | -2.71B | -59.4% |
|---|---|---|---|
| 2015 | 4.06B | -1.60B | -39.4% |
| 2016 | 2.77B | 872.5M | 31.43% |
| 2017 | 1.84B | -304.5M | -16.52% |
| 2018 | 1.70B | -641.2M | -37.6% |
| 2019 | 2.05B | -192.2M | -9.36% |
| 2020 | 1.42B | -4.85B | -340.36% |
| 2021 | 1.23B | -4.49B | -364.69% |
| 2022 | 1.60B | 176.5M | 11.01% |
| 2023 | 1.78B | 865.4M | 48.5% |
VAL Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.78B | 1.60B | 1.23B | 1.42B | 2.05B | 1.70B | 1.84B | 2.77B | 4.06B | 4.56B |
Cost of revenue | 1.64B | 1.47B | 1.29B | 2.01B | 2.41B | 1.79B | 1.63B | 1.73B | 2.42B | 2.07B |
Gross profit | 139.5M | 128.1M | -66M | -584M | -364.3M | -94.1M | 208.9M | 1.04B | 1.64B | 2.48B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 32.2M | 0 | 0 | 0 |
Total operating expenses | 99.3M | 80.9M | 88M | 96.5M | 188.9M | 102.7M | 138.4M | 100.8M | 118.4M | 4.88B |
Operating income | 53.5M | 307.1M | -902M | -4.33B | 468.5M | -196.8M | 70.5M | 941.5M | 1.52B | 1.81B |
Other income (expenses), net | 30.7M | -82.2M | -3.53B | -782.5M | -532.3M | -342.1M | -266.5M | 56M | -227.7M | -147.9M |
Income before tax | 84.2M | 224.9M | -4.44B | -5.11B | -63.8M | -538.9M | -196M | 997.5M | -1.47B | -2.54B |
Income tax expense | -782.6M | 43.1M | 53M | -259.4M | 128.4M | 89.6M | 109.2M | 108.5M | -13.9M | 140.5M |
Net income | 865.4M | 176.5M | -4.49B | -4.85B | -192.2M | -641.2M | -304.5M | 872.5M | -1.60B | -2.71B |
Earnings per share | ||||||||||
Basic EPS | 11.68 | 2.35 | -59.91 | -24.42 | -1.11 | -1.48 | -0.92 | 3.13 | -6.9 | -46.83 |
Diluted EPS | 11.51 | 2.33 | -59.91 | -24.42 | -1.11 | -1.48 | -0.92 | 3.13 | -6.9 | -46.83 |
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