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| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenues Excluding Reimbursable Revenues | $2.21B-0.2% | $2.21B+32.0% | $1.68B+11.9% | $1.50B | — |
| Reimbursable Revenues | $161.1M+6.9% | $150.7M+39.3% | $108.2M+2.9% | $105.2M | — |
| Total operating revenues | $2.37B+0.3% | $2.36B+32.4% | $1.78B+11.3% | $1.60B | — |
| Contract Drilling Expenses Exclusive of Depreciation and Reimbursable Expenses | $1.48B-8.7% | $1.62B+12.4% | $1.44B+12.2% | $1.28B | — |
| Reimbursable Expenses | $152.6M+7.2% | $142.4M+38.0% | $103.2M+3.7% | $99.5M | — |
| Cost of Product and Service Sold | $1.63B-7.5% | $1.76B+14.1% | $1.54B | — | — |
| Loss on impairment | $27.3M | $0 | $0-100.0% | $34.5M | $0 |
| Depreciation | $146.3M+19.8% | $122.1M+20.8% | $101.1M+10.9% | $91.2M+38.0% | $66.1M |
| General and administrative | $97.1M-16.5% | $116.3M+17.1% | $99.3M+22.7% | $80.9M+39.0% | $58.2M |
| Total operating expenses | $1.90B-4.9% | $2.00B+14.6% | $1.74B+9.7% | $1.59B+87.4% | $848.4M |
| EQUITY IN EARNINGS (LOSSES) OF ARO | $8.4M+176.4% | -$11.0M-182.7% | $13.3M-45.7% | $24.5M | — |
| OPERATING INCOME | $477.0M+35.4% | $352.3M+558.5% | $53.5M+43.8% | $37.2M | — |
| Interest income | $70.8M-17.8% | $86.1M-15.1% | $101.4M+54.8% | $65.5M+129.8% | $28.5M |
| Interest expense, net | $98.8M+16.5% | $84.8M+23.1% | $68.9M+52.1% | $45.3M | — |
| Other, net | $103.3M+522.3% | $16.6M+1022.2% | -$1.8M-101.1% | $167.5M+339.6% | $38.1M |
| Other income (expense), net | $75.3M+320.7% | $17.9M-41.7% | $30.7M-83.6% | $187.7M+833.8% | $20.1M |
| INCOME BEFORE INCOME TAXES | $552.3M+49.2% | $370.2M+339.7% | $84.2M-62.6% | $224.9M | — |
| Current income tax expense | $88.3M+1735.2% | -$5.4M-242.1% | $3.8M-89.2% | $35.2M-39.0% | $57.7M |
| Deferred income tax expense (benefit) | -$515.1M-8981.0% | $5.8M+100.7% | -$786.4M-10054.4% | $7.9M+137.1% | -$21.3M |
| Total provision for income taxes | -$426.8M-106800.0% | $400K+100.1% | -$782.6M-1915.8% | $43.1M+18.4% | $36.4M |
| NET INCOME | $979.1M+164.8% | $369.8M-57.3% | $866.8M+376.8% | $181.8M | — |
| NET (INCOME) LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS | $3.7M+2.8% | $3.6M+357.1% | -$1.4M+73.6% | -$5.3M | — |
| NET INCOME ATTRIBUTABLE TO VALARIS | $982.8M+163.2% | $373.4M-56.9% | $865.4M+390.3% | $176.5M | — |
| Basic | $70.60B-2.1% | $72.10B-2.7% | $74.10B-1.3% | $75.10B+0.1% | $75.00B |
| Diluted | $70.90B-2.7% | $72.90B-3.1% | $75.20B-0.5% | $75.60B+0.8% | $75.00B |
| Basic | $70.60B-2.1% | $72.10B-2.7% | $74.10B-1.3% | $75.10B+0.1% | $75.00B |
| Diluted | $70.90B-2.7% | $72.90B-3.1% | $75.20B-0.5% | $75.60B+0.8% | $75.00B |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
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