Valaris Limited (VAL) quarterly cash flow statement — complete operating, investing & financing history
Valaris Limited (VAL) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 67.2M | 13.1M | 75M | 64.64M | 198.1M | 120M | 155.9M | 124.6M | 193M | 11.41M | 26.3M | 92.84M | 48.2M | -27.24M | 151.7M | 154.5M | 85.23M | -114.6M | 500K | -5.99M |
| Operating CF Margin % | 11.32% | 2.43% | 16.12% | 12.03% | 33.26% | 19.51% | 25.12% | 21.32% | 30.01% | 1.87% | 5.01% | 19.19% | 10.59% | -6.56% | 35.27% | 35.63% | 19.49% | -27.73% | 0.16% | -1.96% |
| Operating CF Growth % | -66.08% | -89.08% | -51.89% | -48.12% | 2.64% | 951.81% | 492.78% | 34.21% | 300.41% | 141.88% | -82.66% | -39.91% | -43.45% | 76.23% | 30240% | 2678.21% | 1039.43% | -232.51% | 101.58% | -104.14% |
| Net Income | 46.7M | 47M | -18M | 717.5M | 187.3M | 114.2M | -39.2M | 130.6M | 62.9M | 149.6M | 25.5M | 835.2M | 17M | -29.4M | 48.6M | 31.1M | 74.3M | 112.8M | -38.6M | 33.3M |
| Depreciation & Amortization | 47.3M | 44.6M | 42.7M | 40.6M | 37.1M | 35.5M | 33.1M | 33.9M | 31.7M | 29.7M | 26.8M | 27.5M | 25.8M | 24.5M | 23.3M | 21.8M | 22.6M | 19.1M | 22.5M | 25.1M |
| Stock-Based Compensation | 10.6M | 9.2M | 6.4M | 6.8M | 6.8M | 6M | 5.6M | 5.3M | 7M | 0 | 8M | 0 | 6.8M | 0 | 5.7M | 5.9M | 0 | 3.5M | 0 | 0 |
| Deferred Taxes | 45.8M | 11.2M | 9.5M | -687.6M | -800K | 3.5M | 169.8M | -13.87M | 3.8M | 13.46M | 2M | -787.2M | -4.8M | 2.61M | 4.6M | 800K | 138.81K | 7.3M | -600K | -21.74M |
| Other Non-Cash Items | -26.4M | -18.6M | -45.9M | 31.82M | -67.96M | -18.63M | -48.7M | -28.13M | 49.8M | -34.26M | -14.7M | -25.16M | -6.9M | 12.95M | -31.3M | -26.4M | -30.68M | -122.5M | -15.3M | -26.76M |
| Working Capital Changes | -56.8M | -80.3M | 80.3M | -44.48M | 35.66M | -20.57M | 35.3M | -3.2M | 37.8M | -147.09M | -21.3M | 42.49M | 10.3M | -37.9M | 100.8M | 121.3M | 18.87M | -134.8M | 32.5M | -15.89M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -6.9M | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -79.3M | -50.4M | -95.7M | -103.9M | 38.9M | -57.4M | -82.4M | -109.1M | -81.8M | -109.47M | -151.3M | -456.61M | -105.7M | -43.49M | -56.2M | 169.6M | -219.15M | 84.1M | -37.2M | -2.83M |
| Capital Expenditures | -121.6M | -105.5M | -100.9M | -103.16M | -69.8M | -67.2M | -100.2M | -111.7M | -81.9M | -109.57M | -151.3M | -457.08M | -105.8M | -72.93M | -56.3M | -53.9M | -46.42M | -61.1M | -38.5M | -25.38M |
| CapEx % of Revenue | 20.49% | 19.57% | 21.68% | 19.2% | 11.72% | 10.92% | 16.14% | 19.11% | 12.74% | 17.96% | 28.82% | 94.48% | 23.25% | 17.56% | 13.09% | 12.43% | 10.62% | 14.78% | 12.09% | 8.31% |
| Acquisitions | 0 | -5.2M | 5.2M | -748.48K | 111.44M | 0 | 0 | 0 | 0 | 99.76K | 0 | 469.81K | 229.84K | 29.44M | 0 | 6.2M | -4.84M | 140.47M | 1.3M | 22.56M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 42.3M | 60.3M | 0 | 0 | -2.74M | 9.8M | 17.8M | 2.6M | 100K | 0 | 0 | 0 | -129.84K | 0 | 100K | 1.6M | 37.31M | 4.73M | 0 | 0 |
| Cash from Financing | -4.3M | -100K | -1.4M | -24.38M | -77.7M | -100K | -300K | -27.2M | -129.3M | -195.66K | -1.6M | -63.64M | 309.5M | 32.89M | 0 | -124.86K | -5.78M | -200K | 0 | -7.03M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12.53M | 403M | 98.67M | 0 | 0 | 0 | 0 | 0 | -7.05M |
| Equity Issued (Net) | 0 | 0 | 0 | -23.93M | -76.96M | 0 | 0 | -23.42M | -100M | -1.4M | 0 | -47.93M | -83M | -65.38M | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | -23.93M | -76.96M | 0 | 0 | -25M | -100M | -1.4M | 0 | -47.93M | -83M | -65.38M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -4.3M | -100K | -1.4M | -450.81K | -735.22K | -100K | -300K | -3.78M | -29.3M | 1.2M | -1.6M | -3.18M | -10.5M | -406.06K | 0 | -124.86K | -5.78M | -200K | 0 | 25.31K |
| Net Change in Cash | -16.4M | -37.4M | -22.1M | -69.1M | 159.3M | 62.5M | 73.2M | -11.7M | -18.1M | -98.8M | -126.6M | -421.6M | 252M | -38.7M | 95.5M | 324.3M | -153.1M | -30.9M | -36.4M | -10.1M |
| Free Cash Flow | -54.4M | -92.4M | -25.9M | -38.52M | 128.3M | 52.8M | 55.7M | 12.9M | 111.1M | -98.16M | -125M | -364.24M | -57.6M | -100.17M | 95.4M | 100.6M | 38.81M | -175.7M | -38M | -31.38M |
| FCF Margin % | -9.16% | -17.14% | -5.57% | -7.17% | 21.54% | 8.58% | 8.97% | 2.21% | 17.28% | -16.09% | -23.81% | -75.29% | -12.66% | -24.13% | 22.18% | 23.2% | 8.88% | -42.51% | -11.93% | -10.27% |
| FCF Growth % | -142.4% | -275% | -146.5% | -398.57% | 15.48% | 153.79% | 144.56% | 103.54% | 292.88% | 2.01% | -231.03% | -462.07% | -248.41% | 42.99% | 351.05% | 420.63% | 588.95% | -287.14% | -0.8% | -123.45% |
| FCF per Share | -0.77 | -1.31 | -0.37 | -0.55 | 1.81 | 0.74 | 0.78 | 0.18 | 1.52 | -1.33 | -1.70 | -4.93 | -0.77 | -1.34 | 1.25 | 1.32 | 0.51 | -2.32 | -0.51 | -0.42 |
| FCF Conversion (FCF/Net Income) | 1.46x | 0.26x | -4.57x | 0.09x | 1.05x | 1.04x | -4.11x | 0.93x | 2.99x | 0.08x | 1.03x | 0.11x | 3.74x | 0.93x | 3.25x | 5.29x | 1.15x | -1.03x | -0.01x | -0.18x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |