VAL (Valaris) Retained Earnings : $1,399 Mil (As of Dec. 2024)

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What is Valaris Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Valaris's retained earnings for the quarter that ended in Dec. 2024 was $1,399 Mil.

Valaris's quarterly retained earnings increased from Jun. 2024 ($1,201 Mil) to Sep. 2024 ($1,265 Mil) and increased from Sep. 2024 ($1,265 Mil) to Dec. 2024 ($1,399 Mil).

Valaris's annual retained earnings increased from Dec. 2022 ($160 Mil) to Dec. 2023 ($1,026 Mil) and increased from Dec. 2023 ($1,026 Mil) to Dec. 2024 ($1,399 Mil).

Valaris Retained Earnings Historical Data

The historical data trend for Valaris's Retained Earnings 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.

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Valaris Retained Earnings Chart

Valaris Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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-4,183.80

-16.40

160.10

1,025.50

1,398.90

Valaris Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial														1,025.50	1,051.00	1,200.60	1,265.20	1,398.90

Valaris Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Valaris (NYSE:VAL) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Valaris Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Valaris Ltd (NYSE:VAL) » Definitions » Retained Earnings

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Traded in Other Exchanges

N/A

Address

2 Church Street, Claredon House, Hamilton, BMU, HM 11

Website

https://www.valaris.com

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