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Side-by-side financial comparison of XCF Global, Inc. (SAFX) and Valaris Ltd (VAL). Click either name above to swap in a different company.

XCF Global, Inc. is the larger business by last-quarter revenue ($9.6M vs $5.2M, roughly 1.8× Valaris Ltd). Valaris Ltd runs the higher net margin — 13798.1% vs -131.0%, a 13929.1% gap on every dollar of revenue.

Valaris Limited is an offshore drilling contractor headquartered in Houston, Texas, and incorporated in Bermuda. It is the largest offshore drilling and well drilling company in the world. As of February 2025, it owned 52 rigs, including 36 offshore jackup rigs, 11 drillships, and 5 semi-submersible platform drilling rigs.

SAFX vs VAL — Head-to-Head

Bigger by revenue
SAFX
SAFX
1.8× larger
SAFX
$9.6M
$5.2M
VAL
Higher net margin
VAL
VAL
13929.1% more per $
VAL
13798.1%
-131.0%
SAFX

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
SAFX
SAFX
VAL
VAL
Revenue
$9.6M
$5.2M
Net Profit
$-12.5M
$717.5M
Gross Margin
35.0%
-7850.0%
Operating Margin
-90.3%
Net Margin
-131.0%
13798.1%
Revenue YoY
405.9%
Net Profit YoY
436.6%
EPS (diluted)
$-0.08
$10.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SAFX
SAFX
VAL
VAL
Q4 25
$5.2M
Q3 25
$9.6M
$5.6M
Q2 25
$700.0K
Q4 24
$-1.7M
Q3 24
$3.9M
Q2 24
$4.8M
Q1 24
$2.6M
Q4 23
$3.1M
Net Profit
SAFX
SAFX
VAL
VAL
Q4 25
$717.5M
Q3 25
$-12.5M
$188.1M
Q2 25
$115.1M
Q4 24
$133.7M
Q3 24
$64.6M
Q2 24
$149.6M
Q1 24
$25.5M
Q4 23
$828.5M
Gross Margin
SAFX
SAFX
VAL
VAL
Q4 25
-7850.0%
Q3 25
35.0%
-7142.9%
Q2 25
-56428.6%
Q4 24
24529.4%
Q3 24
-11748.7%
Q2 24
-9039.6%
Q1 24
-17007.7%
Q4 23
-12867.7%
Operating Margin
SAFX
SAFX
VAL
VAL
Q4 25
Q3 25
-90.3%
Q2 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
Net Margin
SAFX
SAFX
VAL
VAL
Q4 25
13798.1%
Q3 25
-131.0%
3358.9%
Q2 25
16442.9%
Q4 24
-7864.7%
Q3 24
1656.4%
Q2 24
3116.7%
Q1 24
980.8%
Q4 23
26725.8%
EPS (diluted)
SAFX
SAFX
VAL
VAL
Q4 25
$10.13
Q3 25
$-0.08
$2.65
Q2 25
$1.61
Q4 24
$1.86
Q3 24
$0.88
Q2 24
$2.03
Q1 24
$0.35
Q4 23
$11.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SAFX
SAFX
VAL
VAL
Cash + ST InvestmentsLiquidity on hand
$879.2K
$599.4M
Total DebtLower is stronger
$122.8M
Stockholders' EquityBook value
$5.2M
$3.2B
Total Assets
$408.7M
$5.3B
Debt / EquityLower = less leverage
23.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SAFX
SAFX
VAL
VAL
Q4 25
$599.4M
Q3 25
$879.2K
$662.7M
Q2 25
$503.4M
Q4 24
$368.2M
Q3 24
$379.3M
Q2 24
$398.3M
Q1 24
$494.1M
Q4 23
$620.5M
Total Debt
SAFX
SAFX
VAL
VAL
Q4 25
Q3 25
$122.8M
Q2 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23
Stockholders' Equity
SAFX
SAFX
VAL
VAL
Q4 25
$3.2B
Q3 25
$5.2M
$2.4B
Q2 25
$2.3B
Q4 24
$2.2B
Q3 24
$2.1B
Q2 24
$2.2B
Q1 24
$2.0B
Q4 23
$2.0B
Total Assets
SAFX
SAFX
VAL
VAL
Q4 25
$5.3B
Q3 25
$408.7M
$4.6B
Q2 25
$4.5B
Q4 24
$4.4B
Q3 24
$4.3B
Q2 24
$4.4B
Q1 24
$4.4B
Q4 23
$4.3B
Debt / Equity
SAFX
SAFX
VAL
VAL
Q4 25
Q3 25
23.55×
Q2 25
Q4 24
Q3 24
Q2 24
Q1 24
Q4 23

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SAFX
SAFX
VAL
VAL
Operating Cash FlowLast quarter
$-13.8M
$72.2M
Free Cash FlowOCF − Capex
$-34.1M
FCF MarginFCF / Revenue
-655.8%
Capex IntensityCapex / Revenue
2044.2%
Cash ConversionOCF / Net Profit
0.10×
TTM Free Cash FlowTrailing 4 quarters
$159.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SAFX
SAFX
VAL
VAL
Q4 25
$72.2M
Q3 25
$-13.8M
$198.1M
Q2 25
$120.0M
Q4 24
$124.6M
Q3 24
$193.0M
Q2 24
$11.5M
Q1 24
$26.3M
Q4 23
$96.7M
Free Cash Flow
SAFX
SAFX
VAL
VAL
Q4 25
$-34.1M
Q3 25
$128.3M
Q2 25
$52.8M
Q4 24
$12.9M
Q3 24
$111.1M
Q2 24
$-98.7M
Q1 24
$-125.0M
Q4 23
$-366.3M
FCF Margin
SAFX
SAFX
VAL
VAL
Q4 25
-655.8%
Q3 25
2291.1%
Q2 25
7542.9%
Q4 24
-758.8%
Q3 24
2848.7%
Q2 24
-2056.3%
Q1 24
-4807.7%
Q4 23
-11816.1%
Capex Intensity
SAFX
SAFX
VAL
VAL
Q4 25
2044.2%
Q3 25
1246.4%
Q2 25
9600.0%
Q4 24
-6570.6%
Q3 24
2100.0%
Q2 24
2295.8%
Q1 24
5819.2%
Q4 23
14935.5%
Cash Conversion
SAFX
SAFX
VAL
VAL
Q4 25
0.10×
Q3 25
1.05×
Q2 25
1.04×
Q4 24
0.93×
Q3 24
2.99×
Q2 24
0.08×
Q1 24
1.03×
Q4 23
0.12×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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