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Side-by-side financial comparison of Sunlands Technology Group (STG) and Valaris Ltd (VAL). Click either name above to swap in a different company.

Sunlands Technology Group is the larger business by last-quarter revenue ($10.1M vs $5.2M, roughly 1.9× Valaris Ltd). Valaris Ltd runs the higher net margin — 13798.1% vs 24.0%, a 13774.1% gap on every dollar of revenue. Over the past eight quarters, Valaris Ltd's revenue compounded faster (29.5% CAGR vs 0.6%).

STG Partners, LLC (STG) is an American private equity firm and based in Menlo Park, California. Its predecessor, Symphony Technology Group ("Symphony") was founded in 2002 by Romesh Wadhwani, William Chisholm, and Bryan Taylor. In 2017, Symphony was reorganized as STG Partners. As of March 2025, STG Partners managed approximately $12 billion in 19 pooled investment vehicle for its clients. The firm itself has less than one billion dollars in assets.

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.

STG vs VAL — Head-to-Head

Bigger by revenue
STG
STG
1.9× larger
STG
$10.1M
$5.2M
VAL
Higher net margin
VAL
VAL
13774.1% more per $
VAL
13798.1%
24.0%
STG
Faster 2-yr revenue CAGR
VAL
VAL
Annualised
VAL
29.5%
0.6%
STG

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
STG
STG
VAL
VAL
Revenue
$10.1M
$5.2M
Net Profit
$2.4M
$717.5M
Gross Margin
88.5%
-7850.0%
Operating Margin
26.5%
Net Margin
24.0%
13798.1%
Revenue YoY
405.9%
Net Profit YoY
436.6%
EPS (diluted)
$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
STG
STG
VAL
VAL
Q4 25
$5.2M
Q3 25
$10.1M
$5.6M
Q2 25
$9.3M
$700.0K
Q4 24
$9.7M
$-1.7M
Q3 24
$3.9M
Q2 24
$10.0M
$4.8M
Q1 24
$2.6M
Q4 23
$3.1M
Net Profit
STG
STG
VAL
VAL
Q4 25
$717.5M
Q3 25
$2.4M
$188.1M
Q2 25
$1.4M
$115.1M
Q4 24
$1.8M
$133.7M
Q3 24
$64.6M
Q2 24
$2.2M
$149.6M
Q1 24
$25.5M
Q4 23
$828.5M
Gross Margin
STG
STG
VAL
VAL
Q4 25
-7850.0%
Q3 25
88.5%
-7142.9%
Q2 25
85.2%
-56428.6%
Q4 24
83.3%
24529.4%
Q3 24
-11748.7%
Q2 24
85.2%
-9039.6%
Q1 24
-17007.7%
Q4 23
-12867.7%
Operating Margin
STG
STG
VAL
VAL
Q4 25
Q3 25
26.5%
Q2 25
15.2%
Q4 24
13.4%
Q3 24
Q2 24
Q1 24
Q4 23
Net Margin
STG
STG
VAL
VAL
Q4 25
13798.1%
Q3 25
24.0%
3358.9%
Q2 25
15.4%
16442.9%
Q4 24
18.2%
-7864.7%
Q3 24
1656.4%
Q2 24
21.5%
3116.7%
Q1 24
980.8%
Q4 23
26725.8%
EPS (diluted)
STG
STG
VAL
VAL
Q4 25
$10.13
Q3 25
$2.65
Q2 25
$1.61
Q4 24
$1.86
Q3 24
$0.88
Q2 24
$0.31
$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
STG
STG
VAL
VAL
Cash + ST InvestmentsLiquidity on hand
$15.1M
$599.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$17.7M
$3.2B
Total Assets
$41.2M
$5.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
STG
STG
VAL
VAL
Q4 25
$599.4M
Q3 25
$15.1M
$662.7M
Q2 25
$503.4M
Q4 24
$15.6M
$368.2M
Q3 24
$379.3M
Q2 24
$18.7M
$398.3M
Q1 24
$494.1M
Q4 23
$620.5M
Total Debt
STG
STG
VAL
VAL
Q4 25
Q3 25
Q2 25
Q4 24
$1.5M
Q3 24
Q2 24
$1.8M
Q1 24
Q4 23
Stockholders' Equity
STG
STG
VAL
VAL
Q4 25
$3.2B
Q3 25
$17.7M
$2.4B
Q2 25
$12.6M
$2.3B
Q4 24
$10.7M
$2.2B
Q3 24
$2.1B
Q2 24
$7.6M
$2.2B
Q1 24
$2.0B
Q4 23
$2.0B
Total Assets
STG
STG
VAL
VAL
Q4 25
$5.3B
Q3 25
$41.2M
$4.6B
Q2 25
$40.3M
$4.5B
Q4 24
$42.4M
$4.4B
Q3 24
$4.3B
Q2 24
$41.3M
$4.4B
Q1 24
$4.4B
Q4 23
$4.3B
Debt / Equity
STG
STG
VAL
VAL
Q4 25
Q3 25
Q2 25
Q4 24
0.14×
Q3 24
Q2 24
0.24×
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
STG
STG
VAL
VAL
Operating Cash FlowLast quarter
$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
STG
STG
VAL
VAL
Q4 25
$72.2M
Q3 25
$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
STG
STG
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
STG
STG
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
STG
STG
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
STG
STG
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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