OakChart

Valaris Ltd

VALEnergy·Oil & Gas Drilling·Bermuda·Mid·NYSE·Nov 13 • 7:57 AM ET

81.70+1.09 (1.35%)
2026-11-13 14:00 CET
Market cap
$5.67B
Revenue, TTM
2,135.60 USD m
Net income, TTM
797.60 USD m
Free cash flow, TTM
-211.11 USD m
EPS diluted, TTM
11.40
Price / earnings
7.17
Compare

Price

VAL against its 20, 50 and 200-day averages
Terms2050200BeatMiss
Patternshover a marker to name it
RS 66Sales 648Price62362880.00100.001.0M2.1MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26VALclose 81.7020-day 89.5050-day 85.60200-day 87.4781.7052w high 114.1252-week range, not 6 months

28.4% under the 52-week high of 114.12 on 18 May 2026. 52-week low 48.09 on 17 Dec 2025. Last 15 sessions, 39.7% high to low

Volume 0.02× normal · the line is the 50-bar volume average

Setup. RS line 66
CANSLIM 2 of 6 — fails: EPS Growth Qtr Over Qtr: High (>25%); EPS Growth This Year: High (>25%); 52-Week High/Low: 0-10% below High; Performance: Year +50%
VCP 2 of 6 — fails: 200-Day Simple Moving Average: Price above SMA200; 50-Day Simple Moving Average: SMA50 above SMA200; 52-Week High/Low: 0-10% below High; Average True Range: Under 2
Minervini 0 of 4 — fails: 200-Day Simple Moving Average: Price above SMA200; 50-Day Simple Moving Average: SMA50 above SMA200; 52-Week High/Low: 0-10% below High; Performance: Year +50%
Zanger 0 of 5 — fails: RSI (14): Not Oversold (>50); Performance: Week +10%; 20-Day High/Low: 0-5% below High; Relative Volume: Over 1.5; 200-Day Simple Moving Average: Price above SMA200
Leaders 1 of 5 — fails: 50-Day Simple Moving Average: Price above SMA50; 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%; 52-Week High/Low: 0-10% below High
Breakout 0 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2; 50-Day Simple Moving Average: Price above SMA50; 200-Day Simple Moving Average: Price above SMA200
Growth 2 of 4 — fails: EPS Growth Qtr Over Qtr: High (>25%); EPS Growth This Year: High (>25%)
Quality 4 of 5 — fails: Debt/Equity: Low (<0.1)
Value 3 of 4 — fails: Debt/Equity: Low (<0.1)
Income 2 of 4 — fails: Dividend Growth: Growing 2+ Years — not on the tape: Dividend Yield: Over 2%
Small Cap 2 of 4 — fails: 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%
Accumulation 2 of 4 — fails: Institutional Transactions: Over +10%; 200-Day Simple Moving Average: Price above SMA200
Relative Strength 1 of 3 — fails: Performance: Year +100%; 200-Day Simple Moving Average: Price above SMA200

Profile

VAL
52-week range, 51% of the way up
48.09114.12

Valaris Ltd. engages in the provision of offshore contract drilling services to the international oil and gas industry. It operates through the following segments: Floaters, Jackups, ARO, and Other. The Floaters segment includes drillships and semisubmersible rigs. The Jackups segment includes its jackup rigs, which generally operate in water depths of 400 feet or less. The ARO segment focuses on the full operations of ARO, which operates jackup drilling rigs in Saudi Arabia for Saudi Aramco. The Other segment is involved in management services on rigs owned by third parties and the activities associated with arrangements with ARO under the bareboat charter arrangements. The company was founded in 1975 and is headquartered in Hamilton, Bermuda.

IndexRUT
Employees5070
IPOMay 03, 2021
Beta1.03
ATR, 14d3.96
Rel volume0.02
Short float12.02%
Insider own30.20%
Inst own88.94%

Snapshot

6 groups

Valuation

IndexRUT
Market Cap$5.67B
Enterprise Value6.30B
Income797.60M
Sales2.14B
Book / share47.13
Cash / share7.65
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout0.00%
Employees5070
IPOMay 03, 2021

Ratios

Price / earnings7.17
Forward price / earnings12.07
Price / earnings / growth-
Price / sales2.66
Price / book1.73
Price / cash10.68
Price / free cash flow-
Value / cash profit15.33
Value / sales2.95
Quick Ratio1.56
Current Ratio1.56
Debt / equity0.35
Long-term debt / equity0.35
Options and shortYes / Yes

Earnings

Earnings / share11.40
Earnings next year6.77
Earnings next quarter1.86
Earnings this year-77.97%
Earnings next year119.61%
Earnings growth, 5 years-16.82%
Past earnings growth81.08% -
Past sales growth13.92% 10.67%
Earnings vs last year104.02%
Sales vs last year-11.61%
Earnings vs last quarter-75.25%
Sales vs last quarter-0.35%
EarningsNov 02 AMC
Surprise-37.78% 5.49%

Ownership

Insiders own30.20%
Insider trades0.00%
Institutions own88.94%
Institution trades-0.39%
Return on assets15.76%
Return on equity27.89%
Return on capital18.12%
Gross Margin15.96%
Operating margin11.03%
Profit Margin37.35%
20-day average-8.72%
50-day average-4.56%
200-day average-6.59%

Technical

Shares out69.40M
Shares floating48.47M
Short / float12.02%
Short ratio5.73
Short interest5.82M
52-week high114.12 -28.4%
52-week low48.09 +69.9%
Volatility3.31% 4.73%
Average range3.96
Strength index43.03
Market sensitivity1.03
Relative volume0.02
Avg Volume1.02M
Volume1,182

Performance

Perf Week2.42%
Perf Month-2.45%
Perf Quarter-6.18%
Perf Half Y-22.51%
Perf YTD62.10%
Perf Year44.45%
Perf 3Y18.08%
Perf 5Y129.69%
Perf 10Y-
Recommendation3.09
Target Price92.74
Prev Close80.61
Price81.70
Change %1.35%

Analyst ratings

latest 10 of 15
DateActionAnalystRating changeTargetImplied
Feb 23, 2026DowngradeParetoHold → Sell$80-2.1%
Sep 02, 2025DowngradeClarksons PlatouBuy → Neutral$54-33.9%
Jan 15, 2025DowngradeEvercore ISIOutperform → In-line$87 → $59-27.8%
Dec 18, 2024DowngradeBarclaysOverweight → Equal Weight$59 → $49-40.0%
Dec 09, 2024DowngradeCitigroupBuy → Neutral$58 → $47-42.5%
Dec 06, 2024InitiatedJP MorganUnderweight$40-51.0%
Oct 15, 2024DowngradeThe Benchmark CompanyBuy → Hold
Sep 24, 2024InitiatedSusquehannaNeutral$62-24.1%
Jul 16, 2024DowngradePickering Energy PartnersOutperform → Neutral
Nov 28, 2023InitiatedCapitalOneOverweight$100+22.4%

Peers

Mkt cap
TickerCompanyMkt cap
NENoble Corp Plc6.80B
RIGTransocean Ltd6.01B
SDRLSeadrill Ltd2.75B
BORRBorr Drilling Ltd1.08B
HPHelmerich & Payne Inc3.71B
PTENPatterson-UTI Energy Inc4.03B
TDWTidewater Inc3.87B
NBRNabors Industries Ltd1.25B
PDSPrecision Drilling Corp1.20B
SLBSLB Ltd75.29B

Insider trading

5 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Oak Hill Advisors, L.P. (1)ShareholderSep 03 '26Proposed Sale92.521,409,130130,372,708Sep 03 05:08 PM
Oak Hill Advisors, L.P. (1)ShareholderAug 11 '26Proposed Sale85.551,799,773153,970,580Aug 11 06:25 PM
LEYKUM ELIZABETHDirectorJun 10 '26Option Exercise0.006,978045,811Jun 12 04:24 PM
Johansen KristianDirectorJun 10 '26Option Exercise0.004,86009,508Jun 12 04:23 PM
Oak Hill Advisors, L.P. (1)ShareholderMay 27 '26Proposed Sale96.331,491,000143,628,030May 27 04:15 PM

Held by

AUM
TickerCompanyAUM
IJHiShares Core S&P Mid-Cap ETFAUM: 125.56B
VTIVanguard Morningstar Total Stock Market ETFAUM: 696.31B
IWMiShares Russell 2000 Index FundAUM: 77.86B
VBVanguard Morningstar Small-Cap ETFAUM: 80.23B
OIHVanEck Oil Services ETFAUM: 1.81B
DFSVUS Small Cap Value Portfolio ETF Class SharesAUM: 8.56B
VXFVanguard Extended Market Index ETFAUM: 30.79B
VBKVanguard Morningstar Small-Cap Growth ETFAUM: 22.68B
DFATU.S. Targeted Value Portfolio-ETF Class SharesAUM: 14.54B
MDYState Street SPDR S&P MIDCAP 400 ETF TrustAUM: 26.08B

News

latest 14 of 200

Quarterly earnings

2026Q3 EPS 0.660 missed 1.061, from 2.650 a year earlier. Sales 593.6 beat 562.7, from 595.7 a year earlier
EPS
10.2600-0.5302024Q4 EPS 1.880 against 1.04824Q42025Q1 EPS -0.530 against 1.22825Q12025Q2 EPS 1.610 against 1.26125Q22025Q3 EPS 2.650 against 1.02025Q32025Q4 EPS 10.260 against 0.45225Q42026Q1 EPS -0.240 against -0.03726Q12026Q2 EPS 0.720 against 0.31026Q22026Q3 EPS 0.660 against 1.06126Q3
Sales, USD millions
620.702024Q4 sales 584.4 against 578.1624Q42025Q1 sales 620.7 against 587.325Q12025Q2 sales 615.2 against 582.3925Q22025Q3 sales 595.7 against 567.4525Q32025Q4 sales 537.4 against 495.6525Q42026Q1 sales 465.4 against 443.7526Q12026Q2 sales 539.2 against 488.5226Q22026Q3 sales 593.6 against 562.726Q3

The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.

PeriodReportedEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mSurpriseYear-ago quarterAnalystsNext session
2026Q3ended 2026-09-302026-11-02 16:300.6601.0610.692593.6562.7EPS -37.8% · sales +5.5%vs 2025Q3, year-ago quarter · EPS -75.1% · sales -0.4%7 EPS · 8 salesOpen -4.41% vs SPY +0.08%. Close -4.96% vs SPY +0.30%
2026Q2ended 2026-06-302026-08-05 16:300.7200.3100.716539.2488.52EPS +132.3% · sales +10.4%vs 2025Q2, year-ago quarter · EPS -55.3% · sales -12.4%6Open +6.44% vs SPY +0.05%. Close +0.31% vs SPY -0.16%
2026Q1ended 2026-03-312026-05-04 16:30-0.240-0.037-0.237465.4443.75EPS +541.7% · sales +4.9%vs 2025Q1, year-ago quarter · EPS -54.7% · sales -25.0%8 EPS · 9 salesOpen -7.70% vs SPY +0.52%. Close -9.47% vs SPY +0.80%
2025Q4ended 2025-12-312026-02-19 16:3010.2600.45210.265537.4495.65EPS +2170.9% · sales +8.4%vs 2024Q4, year-ago quarter · EPS +445.7% · sales -8.0%9 EPS · 11 salesOpen -3.17% vs SPY -0.32%. Close +3.52% vs SPY +0.72%
2025Q3ended 2025-09-302025-10-29 16:302.6501.0202.649595.7567.45EPS +159.9% · sales +5.0%vs 2024Q3, year-ago quarter · EPS +201.1% · sales -7.4%13 EPS · 12 salesOpen +2.73% vs SPY -0.51%. Close +2.20% vs SPY -1.10%
2025Q2ended 2025-06-302025-07-30 16:301.6101.2611.614615.2582.39EPS +27.7% · sales +5.6%vs 2024Q2, year-ago quarter · EPS -20.7% · sales +0.8%12 EPS · 10 salesOpen +2.57% vs SPY +0.79%. Close -0.12% vs SPY -0.38%
2025Q1ended 2025-03-312025-04-30 16:30-0.5301.228-0.534620.7587.3EPS -143.1% · sales +5.7%vs 2024Q1, year-ago quarter · EPS -251.4% · sales +18.2%14 EPS · 12 salesOpen +3.31% vs SPY +1.05%. Close +10.03% vs SPY +0.71%
2024Q4ended 2024-12-312025-02-19 16:301.8801.0481.878584.4578.16EPS +79.4% · sales +1.1%vs 2023Q4, year-ago quarter · EPS -83.4% · sales +20.8%13 EPS · 12 salesOpen +7.43% vs SPY -0.23%. Close +4.06% vs SPY -0.42%
2024Q3ended 2024-09-302024-10-30 16:300.8800.9920.883643.1612.1EPS -11.3% · sales +5.1%vs 2023Q3, year-ago quarter · EPS +417.6% · sales +41.3%13 EPS · 12 salesOpen +7.65% vs SPY -0.77%. Close +3.71% vs SPY -1.96%
2024Q2ended 2024-06-302024-07-31 16:302.0300.7062.030610.1578.22EPS +187.5% · sales +5.5%vs 2023Q2, year-ago quarter · EPS -620.5% · sales +46.9%11 EPS · 10 salesOpen +4.20% vs SPY +0.32%. Close -6.37% vs SPY -1.42%
2024Q1ended 2024-03-312024-05-01 16:300.350-0.0770.347525498.46EPS -553.4% · sales +5.3%vs 2023Q1, year-ago quarter · EPS -42.6% · sales +22.1%10Open +3.34% vs SPY +0.76%. Close +1.55% vs SPY +0.94%
2023Q4ended 2023-12-312024-02-22 08:3011.3000.10911.302483.8483.47EPS +10229.1% · sales +0.1%vs 2022Q4, year-ago quarter · EPS +2873.7% · sales +11.6%12 EPS · 11 salesOpen +4.63% vs SPY +1.37%. Close +3.60% vs SPY +2.07%
2023Q3ended 2023-09-302023-11-07 08:300.1700.1770.173455.1468.98EPS -4.2% · sales -3.0%vs 2022Q3, year-ago quarter · EPS -82.7% · sales +4.1%10 EPS · 9 sales-
2023Q2ended 2023-06-302023-08-02 08:30-0.390-0.268-0.393415.2404.47EPS +45.7% · sales +2.7%vs 2022Q2, year-ago quarter · EPS -126.4% · sales +0.5%10 EPS · 8 sales-
2023Q1ended 2023-03-312023-05-02 08:300.610-0.3180.621430.1409.43EPS -291.9% · sales +5.0%vs 2022Q1, year-ago quarter · EPS -219.6% · sales +35.1%8-
2022Q4ended 2022-12-312023-02-21 08:300.3800.4480.384433.6428.11EPS -15.2% · sales +1.3%vs 2021Q4, year-ago quarter · EPS +2.7% · sales +41.9%7-

Annual earnings

2025FY EPS 13.990 beat 4.830, from 5.140 a year earlier. Sales 2,369 beat 2,326, from 2,363 a year earlier
EPS
13.9900-4.7682021FY EPS -4.768 against -2.04720212022FY EPS 2.330 against 1.91820222023FY EPS 11.690 against 0.44520232024FY EPS 5.140 against 4.19320242025FY EPS 13.990 against 4.8302025
Sales, USD millions
2,36902020FY sales 1,54520202021FY sales 1,232 against 1,23920212022FY sales 1,603 against 1,59020222023FY sales 1,784 against 1,78420232024FY sales 2,363 against 2,35720242025FY sales 2,369 against 2,3262025

Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.

earnings feed, not the snapshot. Not the statement ratio.

PeriodEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mP/E, earnings feed
2028FYestimate-8.052--2,47210.15
2027FYestimate-6.769--2,47512.07
2026FYestimate-3.082--2,21626.51
2025FY13.9904.83012.0142,3692,3263.60
2024FY5.1404.1935.1222,3632,3578.61
2023FY11.6900.44511.5081,7841,7845.87
2022FY2.3301.9182.3351,6031,59029.02
2021FY-4.768-2.047-59.9251,2321,239-
2020FY---24.4121,545--

Quarterly results

2026Q3 revenue 593.6, from 595.7 a year earlier. Operating margin 17.4%, from 21.2% a year earlier
Revenue, USD millions
620.702024Q4 revenue 584.424Q42025Q1 revenue 620.725Q12025Q2 revenue 615.225Q22025Q3 revenue 595.725Q32025Q4 revenue 537.425Q42026Q1 revenue 465.426Q12026Q2 revenue 539.226Q22026Q3 revenue 593.626Q3
Operating margin
26.902024Q4 operating margin 18.6%24Q42025Q1 operating margin 23.9%25Q12025Q2 operating margin 26.9%25Q22025Q3 operating margin 21.2%25Q32025Q4 operating margin 10.5%25Q42026Q1 operating margin 5.2%26Q12026Q2 operating margin 9.6%26Q22026Q3 operating margin 17.4%26Q3

From the quarterly statement. Not an estimate.

Estimate revisions

Latest snapshot of each period and type. 2026FY E 3.08 per share.
PeriodTypeScaleDateMeanvs prior date
2026FYEper share2026-11-093.080.0%
2026FYRper share2026-11-093.23-1.7%
2026Q4Rper share2026-11-091.81-0.9%
2026FYSUSD millions2026-11-062,216+0.3%
2026Q4Eper share2026-11-051.86-0.5%
2026Q4S-2026-11-05647.63+0.7%
2026Q3Eper share2026-10-281.060.0%
2026Q3Rper share2026-10-281.080.0%
2026Q3S-2026-10-28562.70.0%
2026Q2Eper share2026-08-060.32+4.3%
2026Q2Rper share2026-08-060.24-0.1%
2026Q2S-2026-08-06486.24-0.5%
2026Q1Eper share2026-05-01-0.04-59.7%
2026Q1Rper share2026-05-01-0.10-53.1%
2026Q1S-2026-05-01443.75+0.6%
2025Q4Eper share2026-02-190.460.0%
2025Q4Rper share2026-02-190.460.0%
2025FYSUSD millions2026-02-192,3260.0%
2025Q4S-2026-02-19495.320.0%
2025FYEper share2026-02-174.83+0.2%
2025FYRper share2026-02-174.39+0.3%
2025Q3Eper share2025-10-261.020.0%
2025Q3S-2025-10-25567.450.0%
2025Q3Rper share2025-10-241.18+0.6%
2025Q2Eper share2025-07-301.26-0.6%
2025Q2S-2025-07-30582.23+0.3%
2025Q2Rper share2025-07-191.260.0%
2025Q1Eper share2025-04-301.230.0%
2025Q1Rper share2025-04-291.27+1.0%
2025Q1S-2025-04-29587.3-0.2%
2024Q4S-2025-02-19578.16+0.0%
2024Q4Rper share2025-02-181.04+0.1%
2024FYEper share2025-02-174.190.0%
2024Q4Eper share2025-02-171.05+0.0%
2024FYSUSD millions2025-02-142,3570.0%
2024FYRper share2025-02-134.25-0.1%
2024Q3S-2024-10-28612.1+0.0%
2024Q3Eper share2024-10-250.99-2.1%
2024Q3Rper share2024-10-230.97-0.3%
2024Q2Eper share2024-07-300.710.0%
2024Q2Rper share2024-07-300.60+0.1%
2024Q2S-2024-07-30578.120.0%
2024Q1S-2024-04-30498.460.0%
2024Q1Eper share2024-04-23-0.08+15.4%
2024Q1Rper share2024-04-05-0.17+1.5%
2023FYEper share2024-02-210.44+0.1%
2023FYRper share2024-02-200.40+0.5%
2023FYSUSD millions2024-02-201,7840.0%

Estimate history

Annual
Metric201720182019202020212022202320242025TTMMRQ
EPS per share-0.916-1.477-1.142-24.412-59.9252.33511.5085.12213.86211.3993-
Sales USD millions1,8431,7052,0531,4271,2321,6031,7842,3632,3692,136-
Shares million shares4364371982007575727169-69
Quarterly
MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
EPS per share0.8831.878-0.5341.6142.64910.265-0.2370.7160.656
Sales USD millions643584621615596537465539594
Shares million shares717171717069696969

Income statement, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Total Revenue2,135.602,369.00+0.3%2,362.60+32.4%1,784.20+11.3%1,602.50+30.0%1,232.40-13.6%1,427.20-30.5%2,053.20+20.4%1,705.40
Cost of Goods Sold Incl. D&A1,794.801,776.00-5.7%1,883.00+14.5%1,644.70+11.6%1,474.40+14.0%1,293.60-35.7%2,011.00-16.5%2,409.30+33.9%1,799.50
Gross Profit340.80593.00+23.6%479.60+243.8%139.50+8.9%128.10-61.20-583.80-356.10-94.10
Selling, General and Administrative Excl. Other105.2097.10-16.5%116.30+17.1%99.30+22.7%80.90-9.0%88.90-58.6%214.60+25.6%170.90+66.4%102.70
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income235.60495.90+36.5%363.30+803.7%40.20-14.8%47.20-150.10-798.40-527.00-196.80
Interest Expense98.0098.80+16.5%84.80+23.1%68.90+52.1%45.30+35.6%33.40-88.5%290.60-31.8%426.40+50.9%282.50
Unusual Expense60.2027.300.000.00-100.0%36.90-99.2%4,356.60+7.6%4,049.60-254.20-581.4%52.80
Net Income Before Taxes228.80552.30+49.2%370.20+339.7%84.20-62.6%224.90-4,434.80-5,109.20-51.20-538.90
Income Taxes-563.70-426.80-106800.0%0.40-782.60-1915.8%43.10-18.1%52.60-259.40-302.0%128.40+43.3%89.60
Consolidated Net Income792.50979.10+164.8%369.80-57.3%866.80+376.8%181.80-4,487.40-4,857.60-192.30-629.00
Net Income From Continuing Operations797.60982.80+163.2%373.40-56.9%865.40+390.3%176.50-4,494.40-4,855.50-198.10-632.10
Net Income797.60982.80+163.2%373.40-56.9%865.40+390.3%176.50-4,494.40-4,855.50-198.10-641.20
EPS (Recurring) per share11.9514.13+176.0%5.12-55.5%11.51+329.5%2.68-19.26-10.16-2.17-1.39
EPS (Basic, Before Extraordinaries) per share11.4813.92+168.7%5.18-55.7%11.68+397.0%2.35-59.93-24.41-1.14-1.48
EPS (Diluted) per share11.4013.86+170.7%5.12-55.5%11.51+394.0%2.33-59.93-24.41-1.14-1.48
EBITDA410.80642.20+32.3%485.40+243.5%141.30+2.1%138.40+83.1%75.60-244.00-391.9%83.60-70.4%282.90
Non-Operating Income (Expense)151.60182.50+99.0%91.70-18.8%112.90-56.6%259.90+146.8%105.30+258.2%29.40-95.5%648.00-6.80
Other After Tax Adjustments0.000.000.000.000.000.000.00-0.10-0.50
Stock Option Compensation Expense20.7417.40+34.3%12.96+15.5%11.22+14.5%9.80+27.3%7.70-52.2%16.12-49.6%32.00-0.5%32.16
Price To Earnings Ratio ratio statement ratio, not the snapshot7.077.073.0487.3929.00----
Price To Sales Ratio ratio2.581.511.372.893.192.19---
Gross Margin %15.9625.0320.307.827.99-4.97-40.91-17.34-5.52
Operating Margin %11.0320.9315.382.252.95-12.18-55.94-25.67-11.54
Net Margin %37.3541.4915.8048.5011.01-364.69-340.21-9.65-37.60
Shares Outstanding million shares69.4069.20-2.5%71.00-1.9%72.40-3.7%75.20+0.3%75.00-62.4%199.50+0.8%198.00-54.7%437.10
Market Capitalization5,597.815,597.81+77.9%3,146.28-37.1%4,998.42-1.7%5,083.58+88.3%2,700.00+0.7%2,682.00--

Income statement, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Total Revenue593.60-0.4%539.20-12.4%465.40-25.0%537.40-8.0%595.70-7.4%615.20+0.8%620.70+18.2%584.40+20.8%
Cost of Goods Sold Incl. D&A464.60+4.9%460.10+6.7%416.10-7.1%454.00+1.1%442.70-10.3%431.20-7.9%448.10-5.0%449.20+4.6%
Gross Profit129.00-15.7%79.10-57.0%49.30-71.4%83.40-38.3%153.00+2.5%184.00+29.9%172.60+223.2%135.20+149.0%
Selling, General and Administrative Excl. Other25.70-4.5%27.20+44.7%25.30+3.7%27.00+1.1%26.90-12.1%18.80-42.2%24.40-7.9%26.70+9.9%
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income103.30-18.1%51.90-68.6%24.00-83.8%56.40-48.0%126.10+6.2%165.20+51.3%148.20+450.9%108.50+261.7%
Interest Expense24.900.0%24.00-3.2%24.300.0%24.80+12.2%24.90+11.2%24.80+9.7%24.30+37.3%22.10+1.8%
Unusual Expense18.5011.4010.80+38.5%19.500.000.007.800.00
Net Income Before Taxes101.40-53.0%80.60-44.7%10.40-93.3%36.40-70.6%215.90+147.6%145.70+20.6%154.30+301.8%123.80+223.2%
Income Taxes54.70+91.3%33.60+6.7%28.40-85.3%-680.4028.60+17.7%31.50193.50+1400.0%-6.80
Consolidated Net Income46.70-75.1%47.00-58.8%-18.00716.80+448.9%187.30+197.8%114.20-24.3%-39.20-253.7%130.60-84.2%
Net Income From Continuing Operations46.10-75.5%50.40-56.2%-16.40717.50+436.6%188.10+191.2%115.10-23.1%-37.90-248.6%133.70-84.0%
Net Income46.10-75.5%50.40-56.2%-16.40717.50+436.6%188.10+191.2%115.10-23.1%-37.90-248.6%133.70-84.0%
EPS (Recurring) per share0.84-68.3%0.83-48.4%-0.1310.46+456.4%2.65+201.1%1.61-20.7%-0.46-231.4%1.88-83.4%
EPS (Basic, Before Extraordinaries) per share0.66-75.2%0.73-54.9%-0.2410.32+448.9%2.66+198.9%1.62-21.7%-0.53-251.4%1.88-83.6%
EPS (Diluted) per share0.66-75.1%0.72-55.3%-0.2410.26+445.7%2.65+201.1%1.61-20.7%-0.53-251.4%1.88-83.4%
EBITDA150.60-7.7%96.50-51.9%66.70-63.2%97.00-31.9%163.20+8.5%200.70+44.5%181.30+237.6%142.40+147.7%
Non-Operating Income (Expense)41.70-63.6%64.10+1109.4%21.50-43.7%24.30-35.0%114.705.30-84.5%38.20+30.8%37.40+24.7%
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense5.06-5.8%7.27+64.5%5.06+14.5%3.365.37-2.9%4.42-24.4%4.42-30.1%-
Price To Earnings Ratio ratio statement ratio, not the snapshot7.075.087.018.9912.709.897.643.04
Price To Sales Ratio ratio2.582.393.061.491.431.221.131.33
Gross Margin %21.7314.6710.5915.5225.6829.9127.8123.13
Operating Margin %17.409.635.1610.4921.1726.8523.8818.57
Net Margin %7.779.35-3.52133.5131.5818.71-6.1122.88
Shares Outstanding million shares69.40-0.4%69.30-2.5%69.30-2.5%69.20-2.5%69.70-2.4%71.10-1.8%71.10-1.8%71.00-1.9%
Market Capitalization5,597.81+61.2%5,027.68+68.0%6,787.40+143.4%3,506.70+11.5%3,473.08-14.4%2,992.72-44.5%2,788.73-48.8%3,146.28-37.1%

Balance sheet, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/20182017FY12/31/2017
Cash & Short Term Investments606.40+59.4%380.50-40.1%635.70-15.1%748.50+16.1%644.60+97.9%325.80+235.2%97.20-83.9%604.10-31.8%885.40
Short Term Receivables479.10-16.1%571.20+24.4%459.30+2.3%449.10+1.1%444.20-1.1%449.20-13.7%520.70+51.1%344.70-0.2%345.40
Inventories0.000.000.000.000.00-100.0%279.40-17.8%340.10+26.9%268.10-3.8%278.80
Other Current Assets102.10+15.5%88.40-13.2%101.90+13.9%89.50-1.5%90.90-10.1%101.10+21.7%83.10+19.9%69.30-4.7%72.70
Total Current Assets1,187.60+14.2%1,040.10-13.1%1,196.90-7.0%1,287.10+9.1%1,179.70+2.1%1,155.50+11.0%1,041.10-19.1%1,286.20-18.7%1,582.30
Net Property, Plant & Equipment2,158.10+7.0%2,017.40+18.1%1,708.40+71.1%998.20+9.5%911.40-91.7%10,996.30-27.4%15,155.00+20.1%12,616.20-2.0%12,873.70
Total Investments and Advances132.90+17.2%113.40-8.8%124.40+12.0%111.10+28.3%86.60-28.4%120.90-6.1%128.700.000.00
Long-Term Note Receivable357.80+20.8%296.20+4.9%282.30+11.1%254.00+2.0%249.10-43.7%442.70-2.3%452.90--
Intangible Assets-----2.40-79.8%11.90+376.0%2.500.00
Deferred Tax Assets1,364.20+60.6%849.50-0.7%855.10-59.70+172.6%21.90-17.7%26.60-9.5%29.40-24.2%38.80
Other Assets104.20+1.0%103.20-33.5%155.10-26.1%209.90+19.1%176.30+32.1%133.50+16.1%115.00+28.6%89.40-31.8%131.10
Total Assets5,304.80+20.0%4,419.80+2.3%4,322.20+51.1%2,860.30+9.9%2,603.10-79.8%12,873.20-24.0%16,931.20+20.7%14,023.70-4.1%14,625.90
Short Term Debt Incl. Current Port. of LT Debt35.60+27.1%28.00+2.9%27.20+189.4%9.40-6.0%10.00-36.3%15.70-89.2%145.900.000.00
Accounts Payable348.20+6.0%328.50-17.9%400.10+56.0%256.50+13.6%225.80+28.0%176.40-38.8%288.20+36.9%210.50-51.3%432.60
Other Current Liabilities307.80-4.7%323.00+1.9%317.00+32.9%238.50+28.1%186.20-20.7%234.70-40.8%396.60+24.7%318.00-2.4%325.90
Total Current Liabilities691.60+1.8%679.50-8.7%744.30+47.6%504.40+19.5%422.00-1.1%426.80-48.6%830.70+57.2%528.50-30.3%758.50
Long Term Debt1,123.30-1.4%1,139.60+1.0%1,128.20+108.0%542.40-0.5%545.30+2424.5%21.60-99.6%5,975.30+19.3%5,010.40+5.5%4,750.70
Provision for Risks Charges68.30-35.9%106.50-24.8%141.60-11.4%159.80-21.7%204.00-36.2%319.50+16.9%273.40+873.0%28.10-12.2%32.00
Deferred Tax Liabilities165.90+4.7%158.40-37.6%253.90-7.7%275.00-9.4%303.40+2114.6%13.70-86.2%99.00-60.0%247.70+26.1%196.50
Other Liabilities84.00-8.2%91.50+60.0%57.20-29.2%80.80+58.4%51.00-99.3%7,721.30+1642.2%443.20+268.7%120.20-24.0%158.20
Total Liabilities2,133.10-1.9%2,175.50-6.4%2,325.20+48.8%1,562.40+2.4%1,525.70-82.1%8,502.90+11.6%7,621.60+28.4%5,934.90+0.7%5,895.90
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity3,169.60+41.6%2,238.50+12.6%1,987.60+54.1%1,289.90+20.0%1,074.70-75.4%4,374.60-53.0%9,310.90+15.1%8,091.40-7.3%8,732.10
Total Shareholders Equity3,169.60+41.6%2,238.50+12.6%1,987.60+54.1%1,289.90+20.0%1,074.70-75.4%4,374.60-53.0%9,310.90+15.1%8,091.40-7.3%8,732.10
Accumulated Minority Interest2.10-63.8%5.80-38.3%9.40+17.5%8.00+196.3%2.70-4.30-1.30-2.60-2.10
Total Equity3,171.70+41.3%2,244.30+12.4%1,997.00+53.9%1,297.90+20.5%1,077.40-75.3%4,370.30-53.1%9,309.60+15.1%8,088.80-7.3%8,730.00
Total Liabilities & Stockholders Equity5,304.80+20.0%4,419.80+2.3%4,322.20+51.1%2,860.30+9.9%2,603.10-79.8%12,873.20-24.0%16,931.20+20.7%14,023.70-4.1%14,625.90
Book Value Per Share per share45.80+45.3%31.53+14.9%27.45+60.1%17.15+19.7%14.33-34.7%21.93-53.4%47.02+154.0%18.51-7.6%20.03
Tangible Book Value Per Share per share45.80+45.3%31.53+14.9%27.45+60.1%17.15+19.7%14.33-34.6%21.92-53.3%46.96+153.7%18.51-7.6%20.03
Full-Time Employees people5,070-10.1%5,642-5.7%5,985+9.8%5,450+11.2%4,900+8.9%4,500-22.4%5,800+31.8%4,400-18.5%5,400
Price to Book Ratio ratio1.711.494.234.192.552.59---
Return on Assets %20.218.5424.106.45-58.08-32.58-1.28-4.41-2.10
Return on Equity %36.3517.6752.8115.03-164.95-70.96-2.28-7.51-3.59
Return on Invested Capital %22.8911.0527.779.63-277.43-110.45-1.30-4.89-2.26
Quick Ratio ratio1.721.531.612.552.802.050.841.931.72
Current Ratio ratio1.721.531.612.552.802.711.252.432.09

Cash flow, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Net Income794.43979.10+164.8%369.80-57.3%866.80+376.8%181.80-4,487.40-4,857.60-192.20-636.60
Depreciation173.65146.30+19.8%122.10+20.8%101.10+23.0%82.20-63.2%223.20-59.2%547.00-10.3%609.70+27.3%478.90
Other Funds (Non Cash)-31.99-107.80-15.70-14.60-179.80-104.3%4,164.50-0.5%4,186.60-690.40-1189.0%63.40
Funds from Operations305.70502.50+4.3%482.00+188.8%166.90+81.2%92.10-139.20-229.70-249.00-37.70
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-85.8643.70-126.60-225.8%100.60+184.2%35.40-51.6%73.20-22.00-27.90-18.00
Cash from Operating Activities219.84546.20+53.7%355.40+32.9%267.50+109.8%127.50-66.00-251.70-276.90-55.70
Capital Expenditures-430.95-343.50-455.10-696.10-207.00-58.90-93.80-227.00-426.70
Net Assets From Acquisitions0.000.000.000.000.000.00-7.200.000.00
Sale of Fixed Assets and Businesses101.79137.90+4825.0%2.80-90.8%30.30-79.8%150.30+172.3%55.20+6.6%51.80-94.5%949.60-
Purchase or Sale of Investments0.000.000.000.000.000.000.00-100.0%329.00+196.4%111.00
Purchase of Investments0.000.000.000.00-220.000.000.00-145.00-919.00
Sale Or Maturity of Investments0.000.000.000.00-100.0%220.000.000.00-100.0%474.00-54.0%1,030.00
Other Uses0.000.000.000.000.000.000.000.000.00
Other Sources0.000.000.000.00-100.0%40.000.000.000.00-100.0%13.50
Cash from Investing Activities-329.16-205.60-452.30-665.80-16.70-3.70-49.20-104.7%1,051.60-302.20
Cash Dividends Paid0.000.000.000.000.000.000.00-4.50-17.90
Change in Capital Stock-23.93-100.00-126.40-198.600.000.000.000.000.00
Repurchase of Common Pref Stock-23.93-100.00-126.40-198.600.000.000.000.000.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net0.000.000.00-100.0%492.600.00-100.0%390.10-26.6%531.30-937.60-542.7%211.80
Change in Long Term Debt0.000.000.00-100.0%492.600.00-100.0%390.10-9.70-937.60-771.20
Issuance of Long Term Debt0.000.000.00-100.0%1,064.400.00-100.0%520.000.00-100.0%205.500.00
Reduction of Long Term Debt0.000.000.00-571.800.00-129.90-9.70-1,143.10-771.20
Net Financing Active Other Cash Flow-6.25-3.60-31.10-8.50-6.40-1.40-1.90-10.20-5.70
Other Financing Activities Uses-7.95-3.60-31.10-8.50-6.40-1.40-1.90-10.20-5.70
Cash from Financing Activities-30.17-103.60-158.30-155.4%285.50-6.40-101.6%388.70-26.6%529.40-952.30-606.0%188.20
Exchange Rate Effect-----0.50-0.20-300.0%0.10-0.30-0.60
Net Change in Cash-139.49237.00-255.20-112.80-208.6%103.90-67.4%318.80+39.5%228.60-177.90-170.30
Free Cash Flow-211.11202.70-99.70-428.60-79.50-124.90-345.50-503.90-482.40
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow ratio-17.63-------
Deferred Taxes & Investment Tax Credit--515.10-8981.0%5.80-786.40-10054.4%7.90-39.50-105.70-542.3%23.90-57.8%56.60

Balance sheet, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Cash & Short Term Investments531.00-21.4%547.30+6.0%584.40+28.8%606.40+59.4%675.50+72.2%516.20+25.8%453.70-10.9%380.50-40.1%
Short Term Receivables538.10+4.7%467.60-15.6%455.00-18.4%479.10-16.1%513.70-7.6%554.20-12.3%557.70+9.2%571.20+24.4%
Inventories0.000.000.000.000.000.000.000.00
Other Current Assets127.30+9.9%129.30+8.6%111.10+3.1%102.10+15.5%115.80-2.3%119.10+11.4%107.80+6.8%88.40-13.2%
Total Current Assets1,196.40-8.3%1,144.20-3.8%1,150.50+2.8%1,187.60+14.2%1,305.00+22.4%1,189.50+3.5%1,119.20-0.2%1,040.10-13.1%
Net Property, Plant & Equipment2,259.20+11.0%2,233.80+10.5%2,165.00+9.5%2,158.10+7.0%2,034.40+10.4%2,021.60+11.7%1,977.10+14.1%2,017.40+18.1%
Total Investments and Advances146.30+22.6%149.90+30.5%139.60+20.3%132.90+17.2%119.30+16.2%114.90-9.2%116.00-8.5%113.40-8.8%
Deferred Tax Assets1,298.90+92.7%1,345.30+99.2%1,355.50+99.6%1,364.20+60.6%673.90-19.5%675.50-19.7%679.00-20.6%849.50-0.7%
Other Assets218.30+14.5%202.90+5.0%185.10-4.2%104.20+1.0%190.70-13.0%193.30-16.1%193.20-16.1%103.20-33.5%
Total Assets5,482.50+18.2%5,448.40+21.0%5,363.70+22.3%5,304.80+20.0%4,638.00+7.0%4,503.30+2.0%4,386.80+0.7%4,419.80+2.3%
Short Term Debt Incl. Current Port. of LT Debt27.90-20.3%30.70-11.3%37.60+37.7%35.60+27.1%35.00+25.0%34.60+18.1%27.30-7.5%28.00+2.9%
Accounts Payable393.70+20.4%416.00+25.2%398.50+21.0%348.20+6.0%327.10+7.7%332.30-4.2%329.30-16.5%328.50-17.9%
Income Tax Payable61.8080.5079.70-----
Other Current Liabilities285.40-19.8%247.60-20.6%261.90-22.5%307.80-4.7%355.90-1.3%311.80-5.9%338.00+0.3%323.00+1.9%
Total Current Liabilities768.80+7.1%774.80+14.2%777.70+12.0%691.60+1.8%718.00+3.7%678.70-4.1%694.60-8.7%679.50-8.7%
Long Term Debt1,129.80+0.1%1,134.800.0%1,117.00-1.6%1,123.30-1.4%1,128.70-1.3%1,135.20+1.0%1,135.40+0.5%1,139.60+1.0%
Provision for Risks Charges50.80-47.4%59.50-41.0%64.30-38.0%68.30-35.9%96.50-20.4%100.80-25.4%103.70-25.7%106.50-24.8%
Deferred Tax Liabilities167.50+3.7%169.30+3.3%165.20+3.8%165.90+4.7%161.50-10.8%163.90-7.7%159.10-33.2%158.40-37.6%
Other Liabilities96.90+17.2%92.20+0.9%77.80-5.7%84.00-8.2%82.70+16.2%91.40+8.3%82.50+47.3%91.50+60.0%
Total Liabilities2,213.80+1.2%2,230.60+2.8%2,202.00+1.2%2,133.10-1.9%2,187.40-1.0%2,170.00-2.6%2,175.30-6.4%2,175.50-6.4%
Non-Equity Reserves0.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.00
Common Equity3,271.00+33.6%3,220.70+38.2%3,161.20+43.2%3,169.60+41.6%2,447.80+15.7%2,329.70+7.0%2,207.00+9.2%2,238.50+12.6%
Total Shareholders Equity3,271.00+33.6%3,220.70+38.2%3,161.20+43.2%3,169.60+41.6%2,447.80+15.7%2,329.70+7.0%2,207.00+9.2%2,238.50+12.6%
Accumulated Minority Interest-2.30-182.1%-2.90-180.6%0.50-88.9%2.10-63.8%2.80-68.5%3.60-66.0%4.50-52.1%5.80-38.3%
Total Equity3,268.70+33.4%3,217.80+37.9%3,161.70+43.0%3,171.70+41.3%2,450.60+15.4%2,333.30+6.7%2,211.50+8.9%2,244.30+12.4%
Total Liabilities & Stockholders Equity5,482.50+18.2%5,448.40+21.0%5,363.70+22.3%5,304.80+20.0%4,638.00+7.0%4,503.30+2.0%4,386.80+0.7%4,419.80+2.3%
Book Value Per Share per share47.13+34.2%46.47+41.8%45.62+47.0%45.80+45.3%35.12+18.6%32.77+9.0%31.04+11.2%31.53+14.9%
Tangible Book Value Per Share per share47.13+34.2%46.47+41.8%45.62+47.0%45.80+45.3%35.12+18.6%32.77+9.0%31.04+11.2%31.53+14.9%
Full-Time Employees people---5,070-10.1%---5,642-5.7%
Price to Book Ratio ratio1.711.592.141.441.491.361.251.49
Return on Assets %15.7618.8820.6020.218.896.187.098.54
Return on Equity %27.8933.8637.4236.3517.4912.2314.6617.67
Return on Invested Capital %1.051.16-0.3816.715.263.32-1.133.96
Quick Ratio ratio1.561.481.481.721.821.751.611.53
Current Ratio ratio1.561.481.481.721.821.751.611.53

Cash flow, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Net Income46.71-75.7%46.94-59.7%-18.00718.78+464.7%192.02+183.5%116.42-22.6%-39.20-253.7%127.29-84.6%
Depreciation47.40+25.2%44.41+18.3%42.70+29.0%39.14+19.9%37.87+13.2%37.53+27.0%33.10+23.5%32.64+25.5%
Other Funds (Non Cash)-15.89-24.66-39.5048.06-99.91-275.3%-13.83-43.10-31.12
Funds from Operations124.03-3.6%77.84-47.7%-5.30-104.4%109.12-5.1%128.62-20.8%148.73-6.2%120.60+153.4%114.97+127.4%
Extraordinary Item0.000.000.000.000.000.000.000.00
Changes in Working Capital-56.74-176.8%-64.9380.30+127.5%-44.48-791.8%73.86+111.1%-20.5835.306.43-84.9%
Cash from Operating Activities67.29-66.8%12.91-89.9%75.00-51.9%64.64-46.8%202.48+2.6%128.15+1023.1%155.90+492.8%121.41+30.4%
Capital Expenditures-121.84-105.05-100.90-103.16-71.13-72.15-100.20-106.73
Net Assets From Acquisitions0.000.000.000.000.000.000.000.00
Sale of Fixed Assets and Businesses42.37-62.0%54.97+417.6%5.20-70.8%-0.75-128.8%111.49+111390.0%10.62+10520.0%17.802.60+400.0%
Purchase or Sale of Investments0.000.000.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.00
Other Uses0.000.000.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.000.000.00
Cash from Investing Activities-79.47-296.9%-50.08-95.70-103.9040.36-61.53-82.40-104.13
Cash Dividends Paid0.000.000.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.000.000.00
Change in Capital Stock0.000.000.00-23.93-76.980.000.00-23.51
Repurchase of Common Pref Stock0.000.000.00-23.93-76.980.000.00-23.51
Sale of Common Pref Stock0.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net0.000.000.000.000.000.000.000.00
Change in Long Term Debt0.000.000.000.000.000.000.000.00
Issuance of Long Term Debt0.000.000.000.000.000.000.000.00
Reduction of Long Term Debt0.000.000.000.000.000.000.000.00-100.0%
Net Financing Active Other Cash Flow-4.30-0.10-1.40-0.45-2.77-0.11-109.2%-0.30-0.95
Other Financing Activities Uses-6.00-0.10-1.40-0.45-2.77-0.11-109.2%-0.30-0.95
Cash from Financing Activities-4.30-0.10-1.40-24.38-79.75-0.11-0.30-25.26
Net Change in Cash-16.48-110.1%-37.27-156.0%-22.10-130.2%-63.64163.0966.5173.20-7.98
Free Cash Flow-54.55-141.5%-92.14-264.5%-25.90-146.5%-38.52-362.4%131.36+21.1%56.0155.7014.68
Price to Free Cash Flow ratio--55.1817.2213.4312.7834.54-

Revenue breakdown

USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.

Region
Name20242025vs 20242025 share
Angola196.70293.50+49.2%12.4%
Australia276.40274.10-0.8%11.6%
Brazil497.90587.30+18.0%24.8%
Gulf of America367.40342.40-6.8%14.5%
Other countries649.00479.90-26.1%20.3%
United Kingdom375.20391.80+4.4%16.5%
Total2,362.602,369.00+0.3%100.0%
Segment
Name20242025vs 20242025 share
Floaters1,440.701,260.60-12.5%53.2%
Jackups754.90912.80+20.9%38.5%
Other Segments167.00195.60+17.1%8.3%
Total2,362.602,369.00+0.3%100.0%

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-3012.02%5.8M48.5M1.06M
2026-10-1510.92%5.3M48.5M1.08M
2026-09-3011.72%5.7M48.5M1.09M
2026-09-1512.30%6.0M48.5M1.08M
2026-08-3113.37%6.5M48.4M974.27K
2026-08-1412.21%5.9M48.4M994.91K
2026-07-3112.03%5.8M48.4M932.94K
2026-07-1513.51%6.5M48.3M944.43K
2026-06-3012.85%6.2M48.3M941.25K
2026-06-1514.43%6.8M46.9M958.73K
2026-05-2914.44%7.0M48.3M981.93K
2026-05-1515.34%7.4M48.3M1.12M
2026-04-3014.96%7.2M48.1M1.58M
2026-04-1515.75%7.6M48.1M1.61M
2026-03-3116.43%7.9M48.2M1.62M
2026-03-1314.61%7.0M48.2M1.60M
2026-02-2714.70%7.1M48.2M1.60M
2026-02-1311.81%5.7M48.2M1.45M
2026-01-3010.77%6.6M61.2M1.01M
2026-01-159.89%6.1M61.2M1.05M

Option chain

Expiry 2026-11-20 · underlying 81.70, quoted 13 Nov 07:57 ET · ATM 82.50

Option quotes 12 Nov 12:28 ET. A date on a row is older than the last session (12 Nov). 63 rows.

Implied move 6.03% into expiry (call 1.225 + put 3.700 = 4.925 on 81.70)

Put/call open interest 0.12 (320 puts / 2,594 calls) · Put/call volume 2.00 (2 puts / 1 calls)

IV change is points against the prior close.

TypeStrikeMoneyBidAskLastChgIVOpen intVolumeLast sizeDeltaThetaVega
call 1 Jan40.00ITM39.5042.300.000.00389.0% +186.70000.994-0.0300.002
put 1 JanOTM0.000.800.000.00201.7% 0.0000-0.006-0.0250.002
call 1 Jan42.50ITM37.0039.800.000.00361.0% +174.80000.994-0.0300.002
put 9 OctOTM0.000.800.050.00185.8% 0.0600-0.006-0.0250.002
call 14 Jul45.00ITM34.5037.1034.970.00322.3% +151.310000.993-0.0300.002
put 14 OctOTM0.000.050.060.00161.5% 0.01500-0.007-0.0220.002
call 1 Jan47.50ITM32.3034.600.000.00297.9% +43.20000.946-0.2160.013
put 22 OctOTM0.000.800.050.00248.8% 0.05300-0.052-0.1960.013
call 1 Jan50.00ITM29.5032.100.000.00274.8% +40.50000.941-0.2120.014
put 5 NovOTM0.000.800.100.00234.8% 0.0500-0.058-0.2060.014
call 1 Jan55.00ITM24.5027.200.000.00236.2% +37.20000.928-0.2110.016
put 22 JunOTM0.000.851.850.00199.7% 0.01400-0.071-0.2020.016
call 22 Jul60.00ITM19.6022.3021.500.00199.5% +31.41000.908-0.2160.020
put 5 NovOTM0.000.950.350.00171.2% 0.0400-0.095-0.2170.020
call 22 Jul65.00ITM14.5017.2017.850.00156.5% +12.90000.871-0.2330.025
put 30 OctOTM0.001.200.120.00142.3% 0.01600-0.125-0.2200.024
call 1 Jan67.50ITM12.0014.800.000.00141.1% +9.80000.847-0.2400.028
put 21 OctOTM0.001.350.200.00133.7% 0.0400-0.155-0.2390.028
call 30 Oct70.00ITM9.7012.3034.160.00122.1% +2.50000.815-0.2460.031
put 26 OctOTM0.001.550.100.00123.3% 0.01600-0.178-0.2410.031
call 1 Jan72.50ITM7.3010.000.000.00108.9% +2.20000.777-0.2460.035
put 12 AugOTM0.001.753.200.00106.7% 0.0100-0.223-0.2380.035
call 30 Oct75.00ITM5.007.8030.890.0096.7% +6.04000.731-0.2320.039
put 10 NovOTM0.051.851.850.0089.7% -1.01300-0.269-0.2230.039
call 1 Jan77.50ITM3.005.800.000.0087.0% -2.80000.645-0.2570.044
put 5 NovOTM0.052.803.000.0091.0% +1.2600-0.355-0.2480.044
call 2 Nov80.00ITM1.204.3020.450.0084.3% +9.52000.553-0.2270.047
put 11 NovOTM0.652.802.050.0067.9% -6.7500-0.442-0.2180.047
call 15 Oct82.50ATM0.102.356.500.0067.6% -9.09000.449-0.2330.047
put 4 NovATM2.205.202.900.0090.3% +13.73800-0.551-0.2230.047
call 9 Nov85.00OTM0.051.451.300.0066.5% +1.91,002000.313-0.1750.042
putITM3.905.404.95+3.9558.4% -6.1711-0.687-0.1660.042
call 30 Oct87.50OTM0.050.9017.750.0064.9% -2.34000.224-0.1540.035
put 1 JanITM5.908.600.000.0091.5% +24.3000-0.776-0.1440.035
call 5 Nov90.00OTM0.150.501.140.0064.1% 0.01,110000.136-0.1070.026
putITM8.4010.909.01+0.0198.5% +33.72011-0.865-0.0970.026
call 5 Nov92.50OTM0.001.150.650.0075.0% 0.0188000.120-0.1140.024
put 2 JunITM9.7013.1013.150.00106.0% +31.0100-0.880-0.1040.024
call 4 Nov95.00OTM0.001.400.740.0085.8% 0.053000.108-0.1210.022
put 3 NovITM12.1015.706.400.00118.0% +32.2100-0.892-0.1100.022
call97.50OTM0.000.750.68-1.5294.8% 0.065110.100-0.1260.021
put 2 NovITM15.4018.104.400.00126.1% +30.79100-0.901-0.1160.021
call 30 Oct100OTM0.000.958.400.00103.9% 0.0106000.093-0.1310.020
put 3 JunITM17.4021.1017.450.00152.7% +48.2300-0.908-0.1200.020
call 28 Oct105OTM0.000.903.400.00123.6% 0.010000.088-0.1490.019
put 1 JanITM22.5026.000.000.00170.1% +48.6000-0.918-0.1280.018
call 30 Oct110OTM0.000.553.650.00137.1% 0.08000.075-0.1460.017
put 1 JanITM27.5031.000.000.00188.9% +51.8000-0.925-0.1340.017
call 10 Nov115OTM0.000.800.050.00150.3% 0.00000.074-0.1590.017
put 1 JanITM32.5036.000.000.00206.2% +54.6000-0.931-0.1390.016
call 10 Nov120OTM0.000.800.050.00164.1% 0.011000.069-0.1640.016
put 17 SepITM37.5041.0037.200.00222.4% +57.2100-0.936-0.1440.015
call 10 Jun125OTM0.000.804.300.00176.8% 0.01000.065-0.1690.015
put 1 JanITM42.5046.000.000.00237.6% +59.6000-0.939-0.1480.014
call 10 Jun130OTM0.000.803.600.00185.8% 0.01000.058-0.1640.014
put 1 JanITM47.5051.000.000.00251.8% +61.8000-0.942-0.1510.014
call 1 Jan135OTM0.000.800.000.00199.9% 0.00000.059-0.1770.014
put 1 JanITM52.5055.900.000.00261.2% +59.8000-0.945-0.1550.013
call 1 Jan140OTM0.000.800.000.00211.9% 0.00000.057-0.1810.014
put 1 JanITM57.5061.000.000.00278.1% +65.8000-0.947-0.1570.013
call 15 Jun145OTM0.000.801.900.00222.4% 0.00000.055-0.1840.013
put 1 JanITM62.5065.900.000.00286.0% +63.4000-0.949-0.1600.012
call 5 Jun150OTM0.000.802.200.00228.0% 0.04000.049-0.1740.012
put 1 JanITM67.5070.900.000.00297.5% +65.1000-0.951-0.1620.012
call 12 Jun155OTM0.000.801.800.00237.3% 0.05000.048-0.1770.012
put 1 JanITM72.5075.900.000.00308.5% +66.7000-0.952-0.1650.012

Latest SEC filings

30 of 1,088
AllAll annual, quarterly, and current reportsInsider equity awards, transactions, and ownership (Section 16 Reports)Beneficial ownership reportsExempt offeringsRegistration statements and prospectusesFiling review correspondenceSEC orders and noticesProxy materialsTender offers and going private transactionsTrust indenture filings

10-Q filed 2026-11-03, period ended 2026-09-30. 10-K filed 2026-02-20, period ended 2025-12-31. VAL on EDGAR

page 1 of 37Next →
FiledFormDescriptionPeriodDocument
2026-11-0310-QAll annual, quarterly, and current reports2026-09-300000314808-26-000155 index
2026-11-028-KAll annual, quarterly, and current reports2026-11-020000314808-26-000153 index
2026-11-028-KAll annual, quarterly, and current reports2026-11-020000314808-26-000152 index
2026-10-30DEFA14AProxy materialsno report period0001140361-26-041312 index
2026-10-23DEFA14AProxy materialsno report period0001140361-26-040677 index
2026-10-238-KAll annual, quarterly, and current reports2026-10-230001140361-26-040674 index
2026-10-14DEFA14AProxy materialsno report period0001140361-26-039553 index
2026-10-148-KAll annual, quarterly, and current reports2026-10-140001140361-26-039551 index
2026-10-14DEFM14AProxy materialsno report period0001140361-26-039488 index
2026-09-30DEFA14AProxy materialsno report period0001140361-26-038107 index
2026-09-308-KAll annual, quarterly, and current reports2026-09-300001140361-26-038106 index
2026-09-03144no categoryno report period0000919574-26-006171 index
2026-08-12SCHEDULE 13D/ABeneficial ownership reportsno report period0000919574-26-005030 index
2026-08-11144no categoryno report period0000919574-26-004940 index
2026-08-10SCHEDULE 13G/ABeneficial ownership reportsno report period0001172661-26-003192 index
2026-08-0610-QAll annual, quarterly, and current reports2026-06-300000314808-26-000141 index
2026-08-058-KAll annual, quarterly, and current reports2026-08-050000314808-26-000139 index
2026-08-058-KAll annual, quarterly, and current reports2026-08-050000314808-26-000138 index
2026-07-074Insider equity awards, transactions, and ownership (Section 16 Reports)2026-07-03 · transaction0000314808-26-000124 index
2026-07-024Insider equity awards, transactions, and ownership (Section 16 Reports)2026-07-01 · transaction0002012353-26-000003 index
2026-07-01DEFA14AProxy materialsno report period0001140361-26-027092 index
2026-07-018-KAll annual, quarterly, and current reports2026-06-290001140361-26-027091 index
2026-06-124Insider equity awards, transactions, and ownership (Section 16 Reports)2026-06-10 · transaction0001858857-26-000002 index
2026-06-124Insider equity awards, transactions, and ownership (Section 16 Reports)2026-06-10 · transaction0001560698-26-000003 index
2026-06-124Insider equity awards, transactions, and ownership (Section 16 Reports)2026-06-10 · transaction0000314808-26-000122 index
2026-06-124Insider equity awards, transactions, and ownership (Section 16 Reports)2026-06-10 · transaction0000314808-26-000119 index
2026-06-124Insider equity awards, transactions, and ownership (Section 16 Reports)2026-06-10 · transaction0000314808-26-000117 index
2026-06-108-KAll annual, quarterly, and current reports2026-06-100000314808-26-000107 index
2026-06-08SCHEDULE 13D/ABeneficial ownership reportsno report period0000919574-26-003911 index
2026-05-27144no categoryno report period0000919574-26-003713 index

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.11.86%
OAK HILL ADVISORS LP5.64%
DIMENSIONAL FUND ADVISORS LP4.90%
VANGUARD PORTFOLIO MANAGEMENT LLC4.19%
VANGUARD CAPITAL MANAGEMENT LLC3.76%
STATE STREET CORP3.62%
MORGAN STANLEY3.27%
GOLDMAN SACHS GROUP INC2.75%
GEODE CAPITAL MANAGEMENT, LLC2.37%
HBK INVESTMENTS L P2.27%

Funds

Fund% owned
Lord Abbett Short Duration High Yield Fund59.55%
VANGUARD HIGH-YIELD CORPORATE FUND45.60%
PIMCO High Yield Fund34.40%
iShares Broad USD High Yield Corporate Bond ETF32.10%
PIMCO CORPORATE & INCOME OPPORTUNITY FUND28.15%
iShares iBoxx $ High Yield Corporate Bond ETF19.63%
BlackRock High Yield Portfolio16.34%
State Street(R) SPDR(R) Bloomberg High Yield Bond ETF14.78%
iShares 0-5 Year High Yield Corporate Bond ETF13.42%
State Street(R) SPDR(R) Portfolio High Yield Bond ETF12.71%

OakChart. VAL. Cached 15 minutes. Terms