Valaris Limited (VAL) came out with quarterly earnings of $0.66 per share, missing the Zacks Consensus Estimate of $1 per share. This compares to earnings of $2.65 per share a year ago.
Valaris has rebuilt its equity base, with shareholders' equity rising from roughly $2.1B in 2024Q3 to $3.3B in 2026Q3 and debt-to-equity falling from 0.55 to 0.35, which suggests the balance sheet has strengthened materially.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue has plateaued near $593.6M in 2026Q3 versus $595.7M a year earlier, while operating margin compressed to 13.7% from 21.2% over the same period, suggesting thinning profitability despite stable overhead of roughly $25-27M per quarter.
Limited availability of offshore drilling rigs is driving up demand for Valaris's services.
Increasing daily rental rates for drilling rigs are boosting Valaris's revenue potential.
Valaris has restructured its balance sheet, improving financial stability and growth prospects.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 2, 2026 | $0.66-37.7% vs $1.06 | $594M+5.5% vs $563M |
Q3 2026 Aug 5, 2026 | $0.72+132.3% vs $0.31 | $539M+10.4% vs $489M |
Q2 2026 May 4, 2026 | -$0.24-380.0% vs -$0.05 | $465M+4.9% vs $444M |
Q1 2026 Feb 19, 2026 | $10.26+2170.9% vs $0.45 | $537M+8.4% vs $496M |
Valaris Limited (VAL) came out with quarterly earnings of $0.66 per share, missing the Zacks Consensus Estimate of $1 per share. This compares to earnings of $2.65 per share a year ago.
HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Issues Fleet Status Report.

HAMILTON, Bermuda--(BUSINESS WIRE)--Valaris Reports Third Quarter 2026 Results.
Transocean (NYSE:RIG | RIG Price Prediction) reports third-quarter results on Monday, Nov. 2. Shares have climbed 21.38% over the past month to $6.53.
Benchmark VAL against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Valaris Limited (VAL)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $79.77 | $5.52B | 7.03 | 0.27% | 37.35% | 24.89% | — | |
| $5.24 | $5.33B | 20.22 | 12.51% | 7.25% | 3.53% | — | |
| $40.87 | $6.52B | 121.60 | 7.45% | 1.79% | 1.2% | 4.89% | |
| $3.24 | $996.95M | -4.14 | 1.01% | -23.69% | -21.29% | 0.55% | |
| $15.68 | $1.43B | 6.87 | 5.36% | 36.58% | 66.69% | — | |
| $35.22 | $3.52B | -25.63 | 35.89% | -3.44% | -5.08% | 2.88% |
Valaris Limited (VAL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Valaris Limited (VAL) SEC filings — annual & quarterly reports (10-K, 10-Q)
Nov 2, 2026·SEC
Nov 2, 2026·SEC
Oct 23, 2026·SEC
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Valaris Limited (VAL) stock FAQ — growth, dividends, profitability & financials explained
Valaris Limited (VAL) reported $2.14B in revenue over the trailing twelve months. Revenue was $2.37B in fiscal year 2025. That is 405% more than the $468.8M of fiscal year 1996.
Valaris Limited (VAL) revenue fell by 11.6% over the trailing twelve months, compared with the twelve months before.
Yes. Valaris Limited (VAL) earned $797.6M in net income over the trailing twelve months (a 37.3% net margin).
Valaris Limited (VAL) had a return on equity (ROE) of 24.9% over the trailing twelve months. That is well above the market's typical 10-15%.
Valaris Limited (VAL) had negative free cash flow of $211.2M over the trailing twelve months.