Valaris (VAL-WT) Tax Rate (2009 - 2026)
Valaris (VAL-WT) posted Tax Rate of 41.69% for Q2 2026, down 84.73% on a QoQ basis from 273.08% in Q1 2026, and up 2007.0% year-over-year from 1.98% in Q2 2025.
Analysis
Valaris (VAL-WT) Tax Rate (2009 - 2026) Analysis & Trends
Valaris has reported Tax Rate for 18 years, with the latest figure at 41.69% in Q2 2026.
- On a quarterly basis, Tax Rate rose 2007.0% year-over-year to 41.69% in Q2 2026; TTM through Jun 2026 was 171.57%, a 20764.0% decrease from a year earlier, with the FY2025 full-year figure at 77.28%, down 7582.0% from the prior year.
- Tax Rate was 41.69% for Q2 2026 at Valaris, down from 273.08% in the prior quarter.
- The five-year high for Tax Rate was 273.08% in Q1 2026, with the low at 2063.19% in Q4 2023.
- Average Tax Rate over 5 years is 244.47%, with a median of 15.13% recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Rate plunged 208715 bps in 2023, then jumped 201068 bps in 2024.
- Over 5 years, Tax Rate stood at 23.96% in 2022, then sank by 8711 bps to 2063.19% in 2023, then surged by 97 bps to 52.5% in 2024, then plunged by 3460 bps to 1869.23% in 2025, then surged by 102 bps to 41.69% in 2026.
- The last three Tax Rate figures came in at 41.69% (Q2 2026), 273.08% (Q1 2026), and 1869.23% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.26 Bn | 6.81 Bn | 273.38 Mn | -79.89% |
| 2 | Transocean | 6.44 Bn | 5.65 Bn | 358.00 Mn | 7.61% |
| 3 | Seadrill | 2.98 Bn | 2.62 Bn | 234.00 Mn | 29.27% |
| 4 | Borr Drilling | 1.13 Bn | 907.38 Mn | - | 4.73% |
| 5 | Valaris | 816.35 Mn | 275.15 Mn | 123.70 Mn | 41.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.69% |
| Mar 31, 2026 | 273.08% |
| Dec 31, 2025 | -1,869.23% |
| Sep 30, 2025 | 13.62% |
| Jun 30, 2025 | 21.62% |
| Mar 31, 2025 | 125.41% |
| Dec 31, 2024 | -52.50% |
| Sep 30, 2024 | 27.87% |
| Jun 30, 2024 | -36.01% |
| Mar 31, 2024 | 33.59% |
| Dec 31, 2023 | -2,063.19% |
| Sep 30, 2023 | 55.96% |
| Jun 30, 2023 | -875.00% |
| Mar 31, 2023 | -153.33% |
| Dec 31, 2022 | 23.96% |
| Sep 30, 2022 | 15.08% |
| Jun 30, 2022 | 15.19% |
| Mar 31, 2022 | 1.73% |
| Dec 31, 2021 | 450.78% |
| Sep 30, 2021 | 594.78% |