Valaris (VAL) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Valaris

NYSE•Energy•Oil & Gas Drilling

$84.05+1.53(0.02%)Pre-market

Market Cap

$5.82B

P/E

6.2x

P/S

2.7x

P/B

1.8x

Valaris Limited, together with its subsidiaries, provides offshore contract drilling services in Brazil, the United Kingdom, Gulf of America, Australia, Angola, and internationally. It operates through four segments: Floaters, Jackups, ARO, and Other. The company owns an offshore drilling rig fleet, which includes drillships, dynamically positioned semisubmersible rigs, a moored semisubmersible rig, and jackup rigs. It also offers management services on rigs owned by third parties. The company serves international, government-owned, and independent oil and gas companies. Valaris Limited was founded in 1975 and is headquartered in Houston, Texas.

How this company scores

GoodMetricSide Score: 60/100

Strongest: Profitability (23/25); weakest: Cash & Earnings Quality (7/25).

Profitability23/25

Growth13/25

Balance Sheet & Red Flags17/25

Cash & Earnings Quality7/25

Strengths

High ROERising earningsLow leverageProfit converts from growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 6.2x5y range 3.4x – 93.0x

Currently near its 18-quarter median.

P/S · 2.7x5y range 1.1x – 4.6x

Currently near its 20-quarter median.

P/B · 1.8x5y range 1.1x – 4.7x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 49.3% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Red Flag

FCF consistently trails net income (avg 0.1x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $5.82B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $2.14B
Q. Revenue: $539.20M
TTM EBITDA: $387.30M
TTM Op. Income: $241.00M
Q. Op. Income: $51.10M
TTM Net Income: $939.60M
Q. Net Income: $50.40M
EPS: $0.73
Shares Out.: $69.30M

$2.14B in TTM revenue declined 13.2% YoY, reaching $539.20M last quarter. TTM EBITDA of $387.30M and TTM operating income of $241.00M show growth is flowing through to the bottom line. TTM net income of $939.60M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 4 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 22.9%
EBITDA Margin: 9.5%
Op. Margin: 9.5%
Net Margin: 9.3%

Op. margin of 9.5% is down 17.2% YoY — costs are rising relative to revenue. Net margin at 9.3% and gross margin of 22.9% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 64% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 6.2x
P/S Ratio: 2.7x
P/B Ratio: 1.8x

At 6.2x P/E, the stock trades below typical market levels. P/S of 2.7x and P/B of 1.8x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 43% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $5.45B
Cash: $541.20M
Long-Term Debt: $1.09B
Book Value: $3.22B
D/E Ratio: 0.3
Debt/EBITDA: 21.3

With $5.45B in assets and $1.09B in long-term debt, D/E is 0.3and book value is $3.22B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 27% — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $13.10M
TTM Free Cash Flow: $-24.10M
FCF Margin: -1.1%
FCF / Net Income: -0.0

TTM FCF of $-24.10M on $13.10M in operating cash flow. The FCF / Net Income ratio of -0.0x means the business consumes cash — it is not yet self-funding. Across the last 8 quarters, free cash flow has fallen for 3 consecutive quarters — a weakening trend.