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VAL (Valaris) Gross Profit : $480 Mil (TTM As of Dec. 2024)


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What is Valaris Gross Profit?

Valaris's gross profit for the three months ended in Dec. 2024 was $135 Mil. Valaris's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $480 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Valaris's gross profit for the three months ended in Dec. 2024 was $135 Mil. Valaris's Revenue for the three months ended in Dec. 2024 was $584 Mil. Therefore, Valaris's Gross Margin % for the quarter that ended in Dec. 2024 was 23.13%.

Valaris had a gross margin of 23.13% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of Valaris was 20.30%. The lowest was -40.92%. And the median was 7.82%.


Valaris Gross Profit Historical Data

The historical data trend for Valaris's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Valaris Gross Profit Chart

Valaris Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial -584.00 - 128.10 139.50 479.60

Valaris Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.30 53.40 141.70 149.30 135.20

Competitive Comparison of Valaris's Gross Profit

For the Oil & Gas Equipment & Services subindustry, Valaris's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Valaris's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Valaris's Gross Profit distribution charts can be found below:

* The bar in red indicates where Valaris's Gross Profit falls into.


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Valaris Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Valaris's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=2362.6 - 1883
=480

Valaris's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=584.4 - 449.2
=135

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $480 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Valaris's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=135 / 584.4
=23.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Valaris  (NYSE:VAL) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Valaris had a gross margin of 23.13% for the quarter that ended in Dec. 2024 => Competition eroding margins


Valaris Gross Profit Related Terms

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Valaris Business Description

Traded in Other Exchanges
N/A
Address
2 Church Street, Claredon House, Hamilton, BMU, HM 11
Valaris Ltd is an offshore contract drilling company. The company provides offshore contract drilling services to the international oil and gas industry with operations in almost every offshore market across six continents. Its business consists of four operating segments: Floaters, which includes drillships and semisubmersible rigs; Jackups; ARO; and Other, which consists of management services on rigs owned by third parties. It generates the majority of its revenue from the Floaters segment.
Executives
Anton Dibowitz director C/O VALARIS, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Christopher T Weber officer: SVP - CFO 5 GREENWAY PLAZA, SUITE 100, HOUSTON TX 77046
Matthew Lyne officer: SVP - CCO 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Davor Vudakin officer: SVP & General Counsel C/O VALARIS LIMITED, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Gilles Luca officer: Sr. VP - Western Hemisphere 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Grable Colleen officer: Controller 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Oak Hill Advisors Lp 10 percent owner 1 VANDERBILT AVE, 16TH FLOOR, NEW YORK NY 10017
Kristian Johansen director 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77024
Catherine Hughes director 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Gunnar W. Eliassen director C/O QUINTANA MINERALS CORPORATION, 1415 LOUISIANA STREET, SUITE 2400, HOUSTON TX 77002
Darin Gibbins officer: Interim CFO and VP 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Elizabeth Leykum director C/O 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192
Dick Fagerstal director C/O SEACOR HOLDINGS INC., 460 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10022
Joseph Goldschmid director, other: See Remarks C/O VALARIS, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 00000
Deepak Munganahalli director C/O VALARIS, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 00000