Valaris Ltd (VAL)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 373,400 | 865,400 | 176,500 | -4,493,000 | -4,857,600 |
| Revenue | US$ in thousands | 2,362,600 | 1,784,200 | 1,602,500 | 1,232,000 | 1,427,200 |
| Net profit margin | 15.80% | 48.50% | 11.01% | -364.69% | -340.36% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $373,400K ÷ $2,362,600K
= 15.80%
The net profit margin of Valaris Ltd has shown significant fluctuations over the years. In December 31, 2020, the net profit margin was a negative 340.36%, indicating that the company incurred significant losses relative to its revenue in that period. The negative trend continued in December 31, 2021, with a net profit margin of -364.69%.
However, there was a notable turnaround in December 31, 2022, when the net profit margin improved to 11.01%, indicating that the company began generating profits relative to its revenue. This positive trend continued in December 31, 2023, with a net profit margin of 48.50%, showing a substantial increase in profitability.
In December 31, 2024, the net profit margin decreased to 15.80% from the previous year but still remained at a healthy level, reflecting the company's ability to maintain profitability despite some fluctuations.
Overall, the company's net profit margin has shown a volatile performance in recent years, with significant improvements in profitability after facing substantial losses earlier on. Monitoring this metric going forward will be crucial to assess the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024