Valaris (VAL) Depreciation and Depletion (2009 - 2026)
Valaris (VAL) reported Depreciation and Depletion of $47.3 million for Q3 2026, up 27.5% from $37.1 million a year earlier and up 6.1% from the prior quarter.
Valaris (VAL) Depreciation and Depletion (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Valaris' Depreciation and Depletion came in at $175.2 million, up 25.5% year-over-year; for FY2025, it came in at $146.3 million, up 19.8% from FY2024.
- Depreciation and Depletion has increased for three consecutive years, though with a five-year compound annual growth rate of -23.0% (FY2020 to FY2025).
- By year, Depreciation and Depletion came in at $122.1 million in FY2024 (+20.8%), $101.1 million in FY2023 (+10.9%) and $91.2 million in FY2022.
- The Q3 2026 figure ranks as the highest quarterly Depreciation and Depletion since Q4 2020.
- Year over year, Depreciation and Depletion has now increased in each of the last 15 quarters, with growth averaging 23.2% over the last eight quarters.
- Across the past five years, year-over-year growth in Depreciation and Depletion ran from 3.6% in Q1 2023 to 29.0% in Q1 2026.
- Per Business Quant data, the three quarters before Q3 2026 came in at $44.6 million (Q2 2026), $42.7 million (Q1 2026) and $40.6 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 75.75 Bn | 72.19 Bn | 1.57 Bn | 468.00 Mn |
| 2 | Baker Hughes | 48.38 Bn | 10.10 Bn | 1.96 Bn | 305.00 Mn |
| 3 | Halliburton | 27.11 Bn | 19.06 Bn | 840.00 Mn | - |
| 4 | TechnipFMC | 25.53 Bn | 21.50 Bn | 728.70 Mn | 100.70 Mn |
| 5 | Noble | 6.85 Bn | 4.92 Bn | 228.22 Mn | - |
| 6 | Nov | 6.35 Bn | 1.30 Bn | 439.00 Mn | - |
| 7 | Weatherford International | 6.11 Bn | 1.85 Bn | 374.00 Mn | - |
| 8 | Transocean | 6.10 Bn | 4.14 Bn | 348.00 Mn | - |
| 9 | Valaris | 5.60 Bn | 3.36 Bn | 176.30 Mn | 47.30 Mn |
| 10 | Kodiak Gas Services | 4.47 Bn | 4.15 Bn | 259.04 Mn | 69.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 47.30 Mn |
| Jun 30, 2026 | 44.60 Mn |
| Mar 31, 2026 | 42.70 Mn |
| Dec 31, 2025 | 40.60 Mn |
| Sep 30, 2025 | 37.10 Mn |
| Jun 30, 2025 | 35.50 Mn |
| Mar 31, 2025 | 33.10 Mn |
| Dec 31, 2024 | 33.90 Mn |
| Sep 30, 2024 | 31.70 Mn |
| Jun 30, 2024 | 29.70 Mn |
| Mar 31, 2024 | 26.80 Mn |
| Dec 31, 2023 | 27.50 Mn |
| Sep 30, 2023 | 25.80 Mn |
| Jun 30, 2023 | 24.50 Mn |
| Mar 31, 2023 | 23.30 Mn |
| Dec 31, 2022 | 23.80 Mn |
| Sep 30, 2022 | 22.60 Mn |
| Jun 30, 2022 | 22.30 Mn |
| Mar 31, 2022 | 22.50 Mn |
| Sep 30, 2021 | 24.40 Mn |
Valaris Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=VAL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "VAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=VAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();