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Valaris (Valaris) Pretax Margin % : 7.92% (As of Dec. 2023)


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What is Valaris Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Valaris's Pre-Tax Income for the three months ended in Dec. 2023 was $38 Mil. Valaris's Revenue for the three months ended in Dec. 2023 was $484 Mil. Therefore, Valaris's pretax margin for the quarter that ended in Dec. 2023 was 7.92%.

The historical rank and industry rank for Valaris's Pretax Margin % or its related term are showing as below:

VAL' s Pretax Margin % Range Over the Past 10 Years
Min: -358.53   Med: 0.81   Max: 14.03
Current: 4.72


VAL's Pretax Margin % is ranked worse than
54.5% of 978 companies
in the Oil & Gas industry
Industry Median: 6.42 vs VAL: 4.72

Valaris Pretax Margin % Historical Data

The historical data trend for Valaris's Pretax Margin % 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 Pretax Margin % Chart

Valaris Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-3.11 -358.53 - 14.03 4.72

Valaris Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % 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 9.43 4.88 -0.67 6.09 7.92

Competitive Comparison of Valaris's Pretax Margin %

For the Oil & Gas Equipment & Services subindustry, Valaris's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Valaris's Pretax Margin % falls into.



Valaris Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Valaris's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=84.2/1784.2
=4.72 %

Valaris's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=38.3/483.8
=7.92 %

* 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.


Valaris  (NYSE:VAL) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Valaris Pretax Margin % Related Terms

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Valaris (Valaris) Business Description

Traded in Other Exchanges
N/A
Address
2 Church Street, Claredon House, Hamilton, BMU, HM 11
Valaris Ltd is the industry leader in offshore drilling services across all water depths and geographies. It is a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups.
Executives
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
Matthew Lyne officer: SVP - CCO 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Christopher T Weber officer: SVP - CFO 5 GREENWAY PLAZA, SUITE 100, HOUSTON TX 77046
Gunnar W. Eliassen director C/O QUINTANA MINERALS CORPORATION, 1415 LOUISIANA STREET, SUITE 2400, HOUSTON TX 77002
Davor Vudakin officer: SVP & General Counsel C/O VALARIS LIMITED, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Darin Gibbins officer: Interim CFO and VP 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Anton Dibowitz director C/O VALARIS, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Joseph Goldschmid director, other: See Remarks C/O VALARIS, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 00000
Elizabeth Leykum director C/O 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192
Deepak Munganahalli director C/O VALARIS, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 00000
Dick Fagerstal director C/O SEACOR HOLDINGS INC., 460 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10022
Oak Hill Advisors Genpar, L.p. 10 percent owner 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036