Valaris (VAL) Revenue & Revenue Breakdown
Valaris Revenue Highlights
Latest Revenue (Y)
$1.78B
Latest Revenue (Q)
$643.10M
Main Segment (Y)
Floaters
Valaris Revenue by Period
Valaris Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.78B | 11.34% |
| 2022-12-31 | $1.60B | 30.07% |
| 2021-12-31 | $1.23B | -13.68% |
| 2020-12-31 | $1.43B | -30.49% |
| 2019-12-31 | $2.05B | 20.39% |
| 2018-12-31 | $1.71B | -7.47% |
| 2017-12-31 | $1.84B | -33.62% |
| 2016-12-31 | $2.78B | -31.67% |
| 2015-12-31 | $4.06B | -10.98% |
| 2014-12-31 | $4.56B | -7.22% |
| 2013-12-31 | $4.92B | 14.40% |
| 2012-12-31 | $4.30B | 51.29% |
| 2011-12-31 | $2.84B | 67.53% |
| 2010-12-31 | $1.70B | -12.80% |
| 2009-12-31 | $1.95B | -20.59% |
| 2008-12-31 | $2.45B | 14.30% |
| 2007-12-31 | $2.14B | 18.21% |
| 2006-12-31 | $1.81B | 73.23% |
| 2005-12-31 | $1.05B | 36.32% |
| 2004-12-31 | $768.00M | -2.88% |
| 2003-12-31 | $790.80M | 13.28% |
| 2002-12-31 | $698.10M | -14.60% |
| 2001-12-31 | $817.40M | 53.13% |
| 2000-12-31 | $533.80M | 46.77% |
| 1999-12-31 | $363.70M | -55.28% |
| 1998-12-31 | $813.20M | -0.23% |
| 1997-12-31 | $815.10M | 73.87% |
| 1996-12-31 | $468.80M | 67.97% |
| 1995-12-31 | $279.10M | 6.53% |
| 1994-12-31 | $262.00M | 6.42% |
| 1993-12-31 | $246.20M | - |
Valaris generated $1.78B in revenue during NA 2023, up 11.34% compared to the previous quarter, and up 104.62% compared to the same period a year ago.
Valaris Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-09-30 | $643.10M | 5.41% |
| 2024-06-30 | $610.10M | 16.21% |
| 2024-03-31 | $525.00M | 8.52% |
| 2023-12-31 | $483.80M | 6.31% |
| 2023-09-30 | $455.10M | 9.61% |
| 2023-06-30 | $415.20M | -3.46% |
| 2023-03-31 | $430.10M | -0.81% |
| 2022-12-31 | $433.60M | -0.82% |
| 2022-09-30 | $437.20M | 5.78% |
| 2022-06-30 | $413.30M | 29.81% |
| 2022-03-31 | $318.40M | 4.22% |
| 2021-12-31 | $305.50M | -6.49% |
| 2021-09-30 | $326.70M | 11.46% |
| 2021-06-30 | $293.10M | -4.56% |
| 2021-03-31 | $307.10M | 3.58% |
| 2020-12-31 | $296.50M | 3.93% |
| 2020-09-30 | $285.30M | -26.62% |
| 2020-06-30 | $388.80M | -14.85% |
| 2020-03-31 | $456.60M | -10.84% |
| 2019-12-31 | $512.10M | -7.11% |
| 2019-09-30 | $551.30M | -5.58% |
| 2019-06-30 | $583.90M | 43.85% |
| 2019-03-31 | $405.90M | 1.73% |
| 2018-12-31 | $399.00M | -7.40% |
| 2018-09-30 | $430.90M | -6.02% |
| 2018-06-30 | $458.50M | 9.95% |
| 2018-03-31 | $417.00M | -8.19% |
| 2017-12-31 | $454.20M | -1.30% |
| 2017-09-30 | $460.20M | 0.59% |
| 2017-06-30 | $457.50M | -2.89% |
| 2017-03-31 | $471.10M | -6.64% |
| 2016-12-31 | $504.60M | -7.95% |
| 2016-09-30 | $548.20M | -39.73% |
| 2016-07-29 | $909.60M | 11.74% |
| 2016-03-31 | $814.00M | -1.73% |
| 2015-12-31 | $828.30M | -18.17% |
| 2015-09-30 | $1.01B | -4.42% |
| 2015-06-30 | $1.06B | -9.01% |
| 2015-03-31 | $1.16B | 0.35% |
| 2014-12-31 | $1.16B | -3.46% |
| 2014-09-30 | $1.20B | 5.70% |
| 2014-06-30 | $1.14B | 6.55% |
| 2014-03-31 | $1.07B | 7.68% |
| 2013-12-31 | $990.60M | -14.77% |
| 2013-09-30 | $1.16B | 2.82% |
| 2013-06-30 | $1.13B | 8.65% |
| 2013-03-31 | $1.04B | -4.16% |
| 2012-12-31 | $1.09B | -3.38% |
| 2012-09-30 | $1.12B | 4.89% |
| 2012-06-30 | $1.07B | 4.95% |
| 2012-03-31 | $1.02B | 6.71% |
| 2011-12-31 | $956.40M | 4.46% |
| 2011-09-30 | $915.60M | 62.28% |
| 2011-06-30 | $564.20M | 56.07% |
| 2011-03-31 | $361.50M | -11.51% |
| 2010-12-31 | $408.50M | -4.62% |
| 2010-09-30 | $428.30M | 4.11% |
| 2010-06-30 | $411.40M | -8.29% |
| 2010-03-31 | $448.60M | -9.88% |
| 2009-12-31 | $497.80M | 21.74% |
| 2009-09-30 | $408.90M | -17.89% |
| 2009-06-30 | $498.00M | 2.85% |
| 2009-03-31 | $484.20M | -19.94% |
| 2008-12-31 | $604.80M | -2.37% |
| 2008-09-30 | $619.50M | 1.66% |
| 2008-06-30 | $609.40M | 8.84% |
| 2008-03-31 | $559.90M | 8.15% |
| 2007-12-31 | $517.70M | -3.49% |
| 2007-09-30 | $536.40M | - |
Valaris generated $643.10M in revenue during Q3 2024, up 5.41% compared to the previous quarter, and up 154.89% compared to the same period a year ago.
Valaris Revenue Breakdown
Valaris Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Jackups Member | $659.60M | $21.30M | $765.30M | $834.60M | $630.90M |
| ARO | $496.60M | $549.40M | $410.50M | - | - |
| Other Segments | $175.90M | $156.10M | $204.20M | $61.00M | - |
| Floaters | $948.70M | $230.90M | $505.80M | $1.01B | $1.01B |
| Reconciling Items Member | - | - | - | - | - |
| Operating Segments Total Member | - | - | - | - | $1.71B |
Valaris's latest annual revenue breakdown by segment (product or service), as of Dec 23: Floaters (41.60%), Jackups Member (28.92%), ARO (21.77%), and Other Segments (7.71%).
Quarterly Revenue by Product
| Product/Service | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other Operating Segment | $40.40M | $40.40M | $48.30M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Jackups | $213.70M | $185.80M | $152.30M | $165.90M | $5.80M | $8.20M | $195.90M | $185.80M | $180.70M | $186.30M | $128.50M | - | - | - | - | - | - | - | - | - |
| Floaters | $389.00M | $383.90M | $324.40M | $618.40M | $243.30M | $45.30M | $41.70M | $211.00M | $201.70M | $188.10M | $99.70M | $100.50M | $104.30M | $49.70M | $97.30M | $105.50M | $57.10M | $163.60M | $179.60M | $216.30M |
| ARO | $113.70M | $124.20M | $138.30M | $375.10M | $121.50M | $120.40M | $111.40M | $116.40M | $111.30M | $105.40M | $117.70M | $84.00M | $122.70M | $117.50M | $145.60M | $146.00M | $140.30M | $148.30M | - | - |
| Other Segments | - | - | - | $130.00M | $45.90M | $40.80M | $39.60M | $39.40M | $38.00M | $32.70M | $36.10M | $24.60M | $37.20M | $11.60M | $41.40M | $38.90M | $64.20M | $65.20M | - | - |
| Jackups Member | - | - | - | - | - | - | - | $181.80M | $172.30M | $172.60M | $179.40M | $186.80M | $186.30M | $212.80M | $230.60M | - | - | - | - | - |
Valaris's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Floaters (51.40%), Jackups (28.24%), ARO (15.02%), and Other Operating Segment (5.34%).
Valaris Revenue Breakdown by Country
Quarterly Revenue by Country
| Country | Jun 18 | Mar 18 |
|---|---|---|
| AUSTRALIA | $80.40M | $52.20M |
| ANGOLA | $72.20M | $61.10M |
| Us Gulf Of Mexico | $59.50M | $53.60M |
| Other Geographic Areas | $146.60M | $79.00M |
| EGYPT | - | $31.00M |
| BRAZIL | $46.10M | $50.30M |
| SAUDI ARABIA | - | $43.20M |
Valaris's latest quarterly revenue breakdown by geography, as of Jun 18: Other Geographic Areas (36.22%), AUSTRALIA (19.86%), ANGOLA (17.84%), Us Gulf Of Mexico (14.70%), and BRAZIL (11.39%).
Valaris Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| BKR | Baker Hughes Company | $25.51B | $6.91B |
| FTI | TechnipFMC | $7.82B | $2.35B |
| WFRD | Weatherford | $5.13B | $1.41B |
| CHX | ChampionX | $3.76B | $906.53M |
| NEX | NexTier Oilfield Solutions | $3.24B | $945.09M |
| OII | Oceaneering | $2.42B | $679.81M |
| DNOW | NOW | $2.32B | $563.00M |
| VAL | Valaris | $1.78B | $643.10M |
| PUMP | ProPetro | $1.63B | $360.87M |
| SLCA | U.S. Silica | $1.55B | $317.51M |
| XPRO | Expro Group | $1.51B | $422.83M |
| WHD | Cactus | $1.10B | $293.18M |
| TDW | Tidewater | $1.01B | $339.23M |
| RNGR | Ranger Energy Services | $636.60M | $153.00M |
| SOI | Solaris Oilfield Infrastructure | $292.95M | $73.89M |
| GEOS | Geospace | $124.51M | $25.86M |
VAL Revenue FAQ
What is Valaris’s yearly revenue?
Valaris's yearly revenue for 2023 was $1.78B, representing an increase of 11.34% compared to 2022. The company's yearly revenue for 2022 was $1.6B, representing an increase of 30.07% compared to 2021. VAL's yearly revenue for 2021 was $1.23B, representing a decrease of -13.68% compared to 2020.
What is Valaris’s quarterly revenue?
Valaris's quarterly revenue for Q3 2024 was $643.1M, a 5.41% increase from the previous quarter (Q2 2024), and a 41.31% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $610.1M, a 16.21% increase from the previous quarter (Q1 2024), and a 46.94% increase year-over-year (Q2 2023). VAL's quarterly revenue for Q1 2024 was $525M, a 8.52% increase from the previous quarter (Q4 2023), and a 22.06% increase year-over-year (Q1 2023).
What is Valaris’s revenue growth rate?
Valaris's revenue growth rate for the last 3 years (2021-2023) was 44.82%, and for the last 5 years (2019-2023) was -13.10%.
What are Valaris’s revenue streams?
Valaris's revenue streams in c 23 are Jackups Member, ARO, Other Segments, and Floaters. Jackups Member generated $659.6M in revenue, accounting 28.92% of the company's total revenue, up 2996.71% year-over-year. ARO generated $496.6M in revenue, accounting 21.77% of the company's total revenue, down -9.61% year-over-year. Other Segments generated $175.9M in revenue, accounting 7.71% of the company's total revenue, up 12.68% year-over-year. Floaters generated $948.7M in revenue, accounting 41.60% of the company's total revenue, up 310.87% year-over-year.
What is Valaris’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Valaris was Floaters. This segment made a revenue of $948.7M, representing 41.60% of the company's total revenue.