Stocks · Energy · Oil & Gas Drilling

Valaris Limited VAL

$78.39 -1.47% Close, Oct 2, 2026 · NYSE · Market cap $5.43B

Next earnings report: Nov 4, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Diluted EPS over the last four quarters was $13.39, up 248.7% year over year.
  2. Operating margin narrowed to 12.1% from 21.2% a year earlier.
  3. Revenue over the last four quarters was $2.14B, down 13.2% from a year earlier, slowing from -9.9% a quarter earlier.

PromtFinance scores

Each score is a percentile within the Energy sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth33Weak

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Bottom 10%
  • EPS growth (TTM, YoY)Top 12%
  • FCF growth (TTM, YoY)Bottom 13%
  • Revenue growth, 3-year CAGRTop 20%
  • Revenue growth accelerationBottom 21%
Quality28Very weak

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalBottom 43%
  • Gross marginTop 39%
  • Operating marginBottom 47%
  • Cash conversion (OCF / net income)Bottom 12%
  • Accruals (lower is better)Bottom 6%
  • Net debt / EBITDA (lower is better)Top 39%
  • Interest coverBottom 38%
Value65Positive

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 3%
  • Free-cash-flow yieldBottom 27%
  • EBITDA / enterprise valueBottom 42%
  • Sales / enterprise valueBottom 38%
  • P/E vs own 5-year history (lower is better)Top 10%
Momentum51Neutral

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 12%
  • 6-month returnBottom 24%
  • 1-year return vs S&P 500Top 17%
  • Distance from 52-week highBottom 29%
  • Trend checklist (0–4)Bottom 45%
Revisions27Very weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 6%
  • Consecutive EPS beatsTop 50%
  • Share of analysts rating BuyBottom 7%
  • Upside to consensus price targetBottom 7%
Stability35Weak

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Bottom 44%
  • Maximum drawdown, 3 yearsBottom 29%
  • Beta vs S&P 500 (lower is better)Bottom 32%
  • Net debt / EBITDA (lower is better)Top 39%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)-9.9%-13.2%↓
EPS growth (YoY)235.2%248.7%↑
Gross margin31.5%40.8%↑
Operating margin21.2%12.1%↓
FCF margin9.4%-1.3%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)-13.2%-9.9%↓Bottom 10%
EPS growth (TTM, YoY)248.7%235.2%↑Top 12%
Gross margin40.8%31.5%↑Top 39%
Operating margin12.1%21.2%↓Bottom 47%
Net margin44.0%11.2%↑—
Free-cash-flow margin-1.3%9.4%↓—
Return on invested capital5.5%—Bottom 43%
Revenue growth, 3-year CAGR13.9%—Top 20%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
0.37×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
10.8%
Stock-based compensation / revenueA cost to shareholders through dilution.
1.4%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
-4.1 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
1.03×
Interest cover (operating income / interest)How many times operating profit covers interest.
2.6×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.00%
Net buyback yield (TTM)
1.86%
Shareholder yield
1.86%
Share count change, 1 year
-1.3%
Share count change, 3-year CAGR
-2.0%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
1
Beats in the last 8 reports
5 of 8
Average EPS surprise, last 4
+100.0%
Average 2-day reaction, last 8
-1.4%
Positive 20 days after report
3 of 8

Analysts

Consensus price target
$75.00
Target vs current price
-4.3%
Analysts with a rating
54
Share rating Buy or Strong Buy
20%
Consensus rating
Hold

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Aug 5, 2026+132.3%-1.5%+11.1%+12.7%—
May 4, 2026-380.0%+0.3%-7.1%-8.6%-27.4%
Feb 19, 2026+2170.9%+1.6%+3.5%+1.7%+13.5%
Oct 29, 2025+165.0%-0.1%-3.1%-0.9%+2.4%
Jul 30, 2025+38.8%-4.4%-6.2%-4.1%-2.8%
Apr 30, 2025-148.2%-3.4%+9.7%+15.4%+50.9%
Feb 19, 2025+56.7%-4.4%-13.8%-11.8%-11.8%
Oct 30, 2024-15.4%+0.6%+1.6%-5.2%-2.0%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Aug 5, 2026$0.72$0.31+132.3%$539.2M
May 4, 2026-$0.24-$0.05-380.0%$465.4M
Feb 19, 2026$10.26$0.45+2170.9%$537.4M
Oct 29, 2025$2.65$1.00+165.0%$595.7M
Jul 30, 2025$1.61$1.16+38.8%$615.2M
Apr 30, 2025-$0.53$1.10-148.2%$620.7M
Feb 19, 2025$1.88$1.20+56.7%$584.4M
Oct 30, 2024$0.88$1.04-15.4%$643.1M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)5.9×8.7×24thTop 3%
P/E (forward)25.9×———
EV / EBITDA10.0×——Bottom 42%
EV / Sales2.83×——Bottom 38%
Free-cash-flow yield-0.53%——Bottom 27%
Earnings yield17.08%——Top 3%

P/E over the past five years

Range 3.5× – 86.3× since Jun 30, 2022. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+53.0%
Earnings per share growth (TTM)
+248.7%
Change in P/E multiple
-54.4%

Most of the move came from earnings growth.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
+3.1%
200-day average slope (20 days)
+3.2%
Distance from 50-day average
-5.5%
Distance from 200-day average
-4.7%
RSI (14)
39.9
Relative volume
0.59×

Risk and drawdowns

Volatility, 60 days (annualized)
42.1%
Volatility vs own 5-year history
34th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
0.71
Correlation with S&P 500
0.18
Current drawdown from 1-year high
-30.9%
Maximum drawdown, 3 years
-63.8%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Jul 15, 2024Apr 8, 2025-63.8%184 days210 days (Feb 9, 2026)
Jun 1, 2022Jul 14, 2022-37.7%29 days72 days (Oct 25, 2022)
May 18, 2026Jul 1, 2026-36.1%30 daysNot yet recovered
Feb 8, 2023May 4, 2023-30.4%59 days299 days (Jul 15, 2024)
Oct 25, 2021Dec 1, 2021-21.0%26 days23 days (Jan 4, 2022)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$5.43B
P/E (TTM)
5.9
EPS, diluted (TTM)
$13.39
Revenue (TTM)
$2.14B
52-week range
$46.70 – $114.12
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$1.23B$1.60B$1.78B$2.36B$2.37B
Gross profit$164.5M$219.3M$240.6M$601.7M$593.0M
Operating income-$897.4M$37.2M$53.5M$352.3M$495.9M
Net income-$4.49B$176.5M$865.4M$373.4M$982.8M
EPS (diluted)-$59.91$2.33$11.51$5.12$13.86
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$643.1M$584.4M$620.7M$615.2M$595.7M$537.4M$465.4M$539.2M
Net income$64.6M$133.7M-$37.9M$115.1M$188.1M$717.5M-$16.4M$50.4M
EPS (diluted)$0.88$1.88-$0.53$1.61$2.65$10.26-$0.24$0.72
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow-$66.0M$127.0M$267.5M$355.4M$546.2M
Capital expenditure-$58.9M-$207.0M-$696.1M-$455.1M-$343.5M
Free cash flow-$124.9M-$80.0M-$428.6M-$99.7M$202.7M
Dividends paid$0$0$0$0$0
Net share buybacks$0$0-$198.6M-$126.4M-$100.0M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$541.2M
Total assets
$5.45B
Total liabilities
$2.23B
Total debt
$1.17B
Net debt
$624.3M
Shareholders’ equity
$3.22B

As of Jun 30, 2026 (filed Aug 6, 2026).

Dividends

Ex-dateAmountPaid
Jun 1, 2018$0.01Jun 15, 2018
Sep 8, 2017$0.01Sep 22, 2017
Mar 3, 2016$0.01Mar 18, 2016
Dec 3, 2015$0.15Dec 18, 2015
Sep 2, 2015$0.15Sep 18, 2015
Jun 4, 2015$0.15Jun 19, 2015
Mar 5, 2015$0.15Mar 20, 2015
Dec 4, 2014$0.75Dec 19, 2014

Short interest

Shares sold short
5,959,122
Days to cover
4.10
Change vs previous report
-7.9%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Apr 11, 2019
1-for-4
Sep 16, 1997
1-for-2
Jun 2, 1994
4-for-1