Valaris Ltd (VAL)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 3.61% | 15.77% | 38.37% | 58.87% | 78.73% | 82.49% | 80.06% | 80.09% | 4.46% | -16.79% | -34.03% | -92.76% | -221.62% | -190.88% | -155.36% | -94.25% | 40.80% | 54.57% | 59.35% | 57.70% |
| Operating profit margin | 3.00% | 3.25% | 5.90% | 5.58% | 2.32% | -1.63% | -6.05% | -4.96% | -74.84% | -88.59% | -100.88% | -166.72% | -303.71% | -265.31% | -235.77% | -172.94% | -32.53% | -30.15% | -21.47% | -15.69% |
| Pretax margin | 4.64% | 4.43% | 8.23% | 16.22% | 13.70% | 12.34% | 6.79% | -2.63% | -76.11% | -93.11% | -155.98% | -221.88% | -358.39% | -309.45% | -242.58% | -145.87% | -3.39% | -4.99% | -1.26% | -34.66% |
| Net profit margin | 48.50% | 3.43% | 7.04% | 15.27% | 11.01% | 12.25% | 3.80% | -5.72% | -82.08% | -91.92% | -151.87% | -215.95% | -340.21% | -304.39% | -237.15% | -143.25% | -9.64% | -9.57% | -7.34% | -40.72% |
Valaris Ltd's profitability ratios exhibit some fluctuation over the past five quarters. The gross profit margin has varied between 13.49% and 16.63%, indicating the company's ability to generate profit from its operating activities after deducting the cost of goods sold. The operating profit margin has also shown variability, ranging from 2.25% to 6.22%, reflecting the efficiency of the company in managing its operating expenses.
The pretax margin has demonstrated more significant fluctuations, with values ranging from 4.72% to 16.71%. This ratio indicates the company's profitability after accounting for operating expenses as well as interest and non-operating income.
The net profit margin, reflecting the company's profitability after all expenses, showcases considerable variation, with values ranging from 3.43% to as high as 48.50% over the observed quarters. This substantial variability suggests potential factors such as fluctuations in revenue, expenses, or one-time events impacting the net profitability of Valaris Ltd.
Overall, while Valaris Ltd has exhibited varying levels of profitability across the quarters, it is essential for stakeholders to closely monitor these ratios to assess the company's performance and financial health accurately.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 1.24% | 1.62% | 3.28% | 3.24% | 1.30% | -0.85% | -2.99% | -2.17% | -32.84% | -38.57% | -42.33% | -17.83% | -33.67% | -33.76% | -34.51% | -25.94% | -3.95% | -3.40% | -2.12% | -1.92% |
| Return on assets (ROA) | 20.02% | 1.70% | 3.91% | 8.87% | 6.17% | 6.40% | 1.88% | -2.50% | -36.01% | -40.02% | -63.73% | -23.10% | -37.72% | -38.73% | -34.72% | -21.49% | -1.17% | -1.08% | -0.72% | -4.98% |
| Return on total capital | 1.74% | 2.49% | 5.23% | 5.07% | 2.03% | -1.37% | -4.90% | -3.65% | -52.77% | -63.46% | -67.39% | -61.51% | -99.08% | -96.45% | -48.48% | -29.23% | -4.38% | -3.76% | -2.48% | -2.06% |
| Return on equity (ROE) | 43.54% | 5.02% | 9.63% | 19.51% | 13.68% | 14.87% | 4.55% | -6.45% | -87.22% | -100.48% | -152.18% | -79.67% | -110.99% | -110.66% | -87.21% | -47.85% | -2.13% | -1.95% | -1.37% | -8.73% |
Valaris Ltd's profitability ratios display fluctuating trends over the recent quarters.
1. Operating return on assets (Operating ROA): Valaris Ltd's Operating ROA shows a downward trend from 3.61% in Q1 2023 to 0.93% in Q4 2023. This could indicate a decrease in the company's operating efficiency and profitability relative to its total assets.
2. Return on assets (ROA): Valaris Ltd's ROA experienced significant variability, with a sharp increase to 20.02% in Q4 2023. This suggests that the company became more efficient in generating profits from its assets in the last quarter compared to previous periods.
3. Return on total capital: The return on total capital for Valaris Ltd also displays fluctuations, with a peak of 6.90% in Q1 2023 and a significant decrease to 1.74% in Q4 2023. This indicates that the company's profitability relative to its total capital has been inconsistent.
4. Return on equity (ROE): Valaris Ltd's ROE has shown a similar pattern of variability, peaking at 43.54% in Q4 2023. This suggests that the company generated higher returns for its shareholders in the last quarter compared to previous periods.
In conclusion, while Valaris Ltd's profitability ratios exhibit fluctuations, there are signs of improvement in certain metrics, particularly in the ROA and ROE ratios in the most recent quarter. Further analysis would be necessary to understand the underlying factors driving these changes and to assess the company's overall financial performance.