Valaris (VAL) Current Deferred Revenue (2009 - 2023)
Valaris (VAL) recorded quarterly Current Deferred Revenue of $153.8 million in Q4 2023, up 29.24% quarter-over-quarter from $119.0 million in Q4 2022, and up 29.24% on a YoY basis from $119.0 million in Q4 2022.
Valaris (VAL) Current Deferred Revenue (2009 - 2023) Analysis & Trends
Valaris' Current Deferred Revenue history runs 7 years deep, the most recent figure standing at $153.8 million for Q4 2023.
- In Q4 2023, Current Deferred Revenue rose 29.24% year-over-year to $153.8 million; the TTM figure through Dec 2023 stood at $153.8 million (up 29.24% YoY), while the FY2023 annual figure was $153.8 million, up 29.24% from the prior year.
- Current Deferred Revenue was $153.8 million for Q4 2023 at Valaris, up from $119.0 million in the prior quarter.
- In the past five years, Current Deferred Revenue ranged from a high of $153.8 million in Q4 2023 to a low of $56.6 million in Q4 2021.
- Historically, Current Deferred Revenue has averaged $100.3 million across 4 years, with a median of $95.4 million in 2020.
- The sharpest annual moves came in 2021 and 2022: Current Deferred Revenue declined 21.28% in 2021, then soared 110.25% in 2022.
- A 4-year view of Current Deferred Revenue shows it stood at $71.9 million in 2020, then retreated by 21.28% to $56.6 million in 2021, then surged by 110.25% to $119.0 million in 2022, then increased by 29.24% to $153.8 million in 2023.
- The last three Current Deferred Revenue figures came in at $153.8 million (Q4 2023), $119.0 million (Q4 2022), and $56.6 million (Q4 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Precision Drilling | 153.75 Bn | 153.69 Bn | 120.82 Mn |
| 2 | Noble | 7.23 Bn | 6.56 Bn | 755.58 Mn |
| 3 | Transocean | 6.52 Bn | 5.90 Bn | 475.00 Mn |
| 4 | Patterson Uti Energy | 4.41 Bn | 4.07 Bn | 535.85 Mn |
| 5 | Helmerich & Payne | 3.80 Bn | 3.70 Bn | 907.56 Mn |
| 6 | Seadrill | 2.73 Bn | 2.40 Bn | 177.00 Mn |
| 7 | Sable Offshore | 1.70 Bn | 1.65 Bn | -66.76 Mn |
| 8 | Borr Drilling | 1.40 Bn | 1.16 Bn | - |
| 9 | Nabors Industries | 1.38 Bn | 1.26 Bn | 290.08 Mn |
| 10 | Valaris | 478.59 Mn | -99.21 Mn | 92.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 153.80 Mn |
| Dec 31, 2022 | 119.00 Mn |
| Dec 31, 2021 | 56.60 Mn |
| Dec 31, 2020 | 71.90 Mn |
| Dec 31, 2011 | 111.30 Mn |
| Sep 30, 2011 | 78.90 Mn |
| Jun 30, 2011 | 65.40 Mn |
| Mar 31, 2011 | 49.60 Mn |
| Dec 31, 2010 | 48.10 Mn |
| Sep 30, 2010 | 119.60 Mn |
| Dec 31, 2009 | 89.00 Mn |