Valaris (VAL) Revenue & Revenue Breakdown

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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	$633.00M
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	$340.36M
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.