Valaris Limited provides offshore contract drilling services to the international oil and gas industry. The company owns an offshore drilling rig fleet of 56 rigs, which include 11 drillships, 4 dynamically positioned semisubmersible rigs, 1 moored semisubmersible rig, and 40 jackup rigs. It serves international, government-owned, and independent oil and gas companies in the Gulf of Mexico, the North Sea, the Middle East, West Africa, Australia, and Southeast Asia. The company was incorporated in 2009 and is based in Hamilton, Bermuda.
Revenue of Valaris Limited (VAL)
Revenue in 2023 (TTM): $1.78 B
According to Valaris Limited's latest financial reports the company's current revenue (TTM) is $1.78 B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Valaris Limited
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $1.78 B | $139.5 M | $254.2 M | $84.2 M | $865.4 M |
| 2022 | $1.6 B | $128.1 M | $389.3 M | $224.9 M | $176.5 M |
| 2021 | $1.23 B | $-66,000,000 | $603 M | $-4,440,000,000 | $-4,493,000,000 |
| 2020 | $1.43 B | $-584,000,000 | $-105,600,000 | $-5,117,000,000 | $-4,857,600,000 |
| 2019 | $2.05 B | $-364,300,000 | $1.06 B | $-63,800,000 | $-192,200,000 |
| 2018 | $1.71 B | $-94,100,000 | $282.9 M | $-538,900,000 | $-641,200,000 |
| 2017 | $1.84 B | $208.9 M | $516.2 M | $-196,000,000 | $-304,500,000 |
| 2016 | $2.78 B | $1.04 B | $1.39 B | $997.5 M | $872.5 M |
| 2015 | $4.06 B | $1.64 B | $2.1 B | $-1,471,200,000 | $-1,601,100,000 |
| 2014 | $4.56 B | $2.49 B | $2.35 B | $-2,548,800,000 | $-2,711,300,000 |
| 2013 | $4.32 B | $2.38 B | $2.2 B | $1.63 B | $1.41 B |
| 2012 | $3.64 B | $2 B | $1.81 B | $1.3 B | $1.06 B |
| 2011 | $2.84 B | $1.37 B | $1.25 B | $736.6 M | $600.4 M |
| 2010 | $1.7 B | $928.7 M | $892.5 M | $644.5 M | $579.5 M |
| 2009 | $1.95 B | $1.22 B | $1.15 B | $959.3 M | $779.4 M |
| 2008 | $2.45 B | $1.65 B | $1.59 B | $1.4 B | $1.15 B |
| 2007 | $2.14 B | $1.46 B | $1.44 B | $1.25 B | $992 M |
| 2006 | $1.81 B | $1.24 B | $1.2 B | $1.01 B | $769.7 M |
| 2005 | $1.05 B | $592.5 M | $582 M | $391.2 M | $294.2 M |
| 2004 | $768 M | $342.5 M | $294.9 M | $139.5 M | $102.8 M |
| 2003 | $790.8 M | $337.9 M | $293.3 M | $149.3 M | $108.3 M |
| 2002 | $698.1 M | $308.4 M | $235.1 M | $87.1 M | $59.3 M |
| 2001 | $817.4 M | $458.5 M | $422.7 M | $291.9 M | $207.3 M |
| 2000 | $533.8 M | $243.2 M | $217.6 M | $125.2 M | $85.4 M |
| 1999 | $363.7 M | $112.9 M | $96.4 M | $5.2 M | $6.7 M |
| 1998 | $813.2 M | $484.1 M | $450.1 M | $382.5 M | $253.9 M |
| 1997 | $815.1 M | $508.4 M | $462.5 M | $375.8 M | $233.9 M |
| 1996 | $468.8 M | $241.5 M | $204.8 M | $142.7 M | $95.4 M |
| 1995 | $279.1 M | $123.1 M | $99.8 M | $47.3 M | $48.1 M |
| 1994 | $262 M | $114.9 M | $88.4 M | $43.9 M | $37.2 M |
| 1993 | $246.2 M | $91.6 M | $55.3 M | $29.6 M | $16.5 M |