Latest revenue
$465.4M
as of 2026-03-31
Latest net income
$-16.4M
as of 2026-03-31
Net margin
-3.5%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $20.85B
- Enterprise value
- $20.85B
- P/E (trailing)
- 21.2×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $114.12
- 52-wk low
- $36.20
- Beta
- —
- Shares out
- 206.1M
5-year trend
What this company does
Item 2. Properties Contract Drilling Fleet The following table provides certain information about the rigs in our drilling fleet as of February 17, 2026: Rig Name Rig Type Year Delivered Design Maximum Water Depth/Drilling Depth Location Status Floaters VALARIS DS-4Drillship2010Dynamically Positioned12,000'/40,000'BrazilUnder contract VALARIS DS-7Drillship2013Dynamically Positioned10,000'/40,000'Angola Under contract VALARIS DS-8Drillship2015Dynamically Positioned12,000'/40,000'Brazil Under contract VALARIS DS-9Drillship2015Dynamically Positioned12,000'/40,000'Angola Under contract VALARIS DS-10Drillship2017 Dynamically Positioned12,000'/40,000'Spain Future contract VALARIS…
AI summary unavailable — showing raw filing excerpt
Generated from VAL's filing dated 2026-02-20
Key risks
RISK FACTORS SUMMARY An investment in our securities involves a high degree of risk. You should consider carefully all of the risks described below, together with the other information contained in this Form 10-K, before making a decision to invest in our securities. If any of the following events occur, our business, financial condition and operating results may be materially adversely affected. In that event, the trading price of our securities could decline, and you could lose all or part of your investment. Risks Related to the Business Combination •Our pending Business Combination may be delayed or not occur at all for a variety of reasons. •Efforts to complete the Business Combination…
AI summary unavailable — showing raw filing excerpt
Generated from VAL's filing dated 2026-02-20
Profitability
Operating margin
20.1%
35.0%Net margin
41.5%
162.5%Return on equity
31.0%
85.9%Return on assets
18.5%
119.3%Leverage
Debt / equity
0.67×
30.9%Long-term debt / equity
0.34×
29.2%Debt / assets
40.3%
18.4%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $465.4M | -25.0% | $-16.4M | +56.7% | -3.5% |
Q4 2025 2025-12-31 | $537.4M | -8.0% | $755.4M | +465.0% | 140.6% |
Q3 2025 2025-09-30 | $595.7M | -7.4% | $188.1M | +191.2% | 31.6% |
Q2 2025 2025-06-30 | $615.2M | +0.8% | $77.2M | -48.4% | 12.5% |
Q1 2025 2025-03-31 | $620.7M | +18.2% | $-37.9M | -248.6% | -6.1% |
Q4 2024 2024-12-31 | $584.4M | — | $133.7M | — | 22.9% |
Q3 2024 2024-09-30 | $643.1M | +41.3% | $64.6M | +400.8% | 10.0% |
Q2 2024 2024-06-30 | $610.1M | +46.9% | $149.6M | +764.7% | 24.5% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Drilling Oil & Gas Wells · SIC 1381
Your notes
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Insider activity
Insider buying
$0
Insider selling
$1.7M
Net activity
−$1.7M
Distinct insiders
1
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns VAL
Institutional value
$2.82B
Total shares held
29.2M
Distinct holders
209
-127 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 8.2M | $806.3M | +426.9K (+5.5%) | Added |
| 2 | DIMENSIONAL FUND ADVISORS LP | 3.3M | $328.4M | +114.7K (+3.5%) | Added |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2.9M | $282.7M | — | New |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 2.6M | $254.5M | — | New |
| 5 | Goehring & Rozencwajg Associates, LLC | 1.3M | $129.3M | +257.3K (+24.2%) | Added |
| 6 | ANTIPODES PARTNERS Ltd | 771.0K | $75.6M | +76.0K (+10.9%) | Added |
| 7 | CITIGROUP INC | 567.8K | $55.7M | +514.0K (+955.0%) | Added |
| 8 | UBS Group AG | 553.9K | $54.3M | -189.5K (-25.5%) | Trimmed |
| 9 | THIRD AVENUE MANAGEMENT LLC | 508.2K | $49.8M | -76.2K (-13.0%) | Trimmed |
| 10 | Hudson Bay Capital Management LP | 499.6K | $49.0M | — | New |
| 11 | Magnetar Financial LLC | 487.3K | $47.8M | +479.3K (+5972.1%) | Added |
| 12 | Invesco Ltd. | 485.7K | $47.6M | -24.7K (-4.8%) | Trimmed |
| 13 | ALPINE ASSOCIATES MANAGEMENT INC. | 472.5K | $46.3M | — | New |
| 14 | Bank of New York Mellon Corp | 437.5K | $42.9M | -5.3K (-1.2%) | Trimmed |
| 15 | VANGUARD FIDUCIARY TRUST CO | 409.6K | $40.2M | — | New |
| 16 | SEI INVESTMENTS CO | 399.8K | $39.2M | +159.3K (+66.2%) | Added |
| 17 | Voya Investment Management LLC | 393.5K | $38.6M | -326.9K (-45.4%) | Trimmed |
| 18 | Hosking Partners LLP | 283.2K | $27.8M | -16.5K (-5.5%) | Trimmed |
| 19 | MUFG Securities EMEA plc | 266.4K | $26.1M | — | New |
| 20 | EDMOND DE ROTHSCHILD HOLDING S.A. | 250.0K | $24.5M | -160.0K (-39.0%) | Trimmed |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once VAL's latest filing finishes processing.