Valaris (VAL-WT) Tax Provisions (2009 - 2026)
Valaris (VAL-WT) posted quarterly Tax Provisions of $18.9 million for Q1 2026, down 20.25% year-over-year from $23.7 million in Q1 2025, and up 102.78% quarter-over-quarter from -$680.4 million in Q4 2025.
Valaris (VAL-WT) Tax Provisions (2009 - 2026) Analysis & Trends
Valaris' Tax Provisions history runs 18 years deep, the most recent figure standing at $18.9 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 20.25% year-over-year to $18.9 million; the TTM figure through Mar 2026 stood at -$600.6 million (down 632.44% YoY), while the FY2025 annual figure was -$426.8 million, down 106800.0% from the prior year.
- Tax Provisions for Q1 2026 stood at $18.9 million, up from -$680.4 million in the prior quarter.
- The five-year high for Tax Provisions was $31.5 million in Q2 2025, with the low at -$790.2 million in Q4 2023.
- The 5-year median for Tax Provisions is $13.4 million (2022), against an average of -$82.9 million.
- The sharpest annual moves came in 2023 and 2025: Tax Provisions slumped 4775.74% in 2023, then soared 148.46% in 2025.
- Valaris' Tax Provisions stood at $16.9 million in 2022, then plunged by 4775.74% to -$790.2 million in 2023, then jumped by 91.77% to -$65.0 million in 2024, then plunged by 946.77% to -$680.4 million in 2025, then jumped by 102.78% to $18.9 million in 2026.
- Business Quant data shows VAL-WT's Tax Provisions at $18.9 million in Q1 2026, -$680.4 million in Q4 2025, and $29.4 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | 16.29 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | 14.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | -8.65 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 72.40 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 12.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | 10.90 Mn |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | 16.41 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | 503,155.99 |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 33.60 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | 26.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 33.60 Mn |
| Mar 31, 2026 | 18.90 Mn |
| Dec 31, 2025 | -680.40 Mn |
| Sep 30, 2025 | 29.40 Mn |
| Jun 30, 2025 | 31.50 Mn |
| Mar 31, 2025 | 23.70 Mn |
| Dec 31, 2024 | -65.00 Mn |
| Sep 30, 2024 | 24.30 Mn |
| Jun 30, 2024 | -65.00 Mn |
| Mar 31, 2024 | 12.90 Mn |
| Dec 31, 2023 | -790.20 Mn |
| Sep 30, 2023 | 15.50 Mn |
| Jun 30, 2023 | 24.50 Mn |
| Mar 31, 2023 | -32.20 Mn |
| Dec 31, 2022 | 16.90 Mn |
| Sep 30, 2022 | 13.40 Mn |
| Jun 30, 2022 | 12.90 Mn |
| Mar 31, 2022 | -700,000.00 |
| Dec 31, 2021 | 57.70 Mn |
| Sep 30, 2021 | 68.40 Mn |