Borr Drilling
BORR
4.30
+0.09
+2.14%
Borr Drilling
US · BORR
#3087 by market cap
Listed 2019
4.30
+0.09
+2.14%
Live - 5344 symbols - heartbeat 245s ago
· 2026-10-08 08:28
Pre-market
4.38
+1.86%
After-hours
4.31
+0.24%
Overnight
4.36
+1.40%
- Market cap
- 1.33B
- P/E (TTM)i
- -5.44
- P/Bi
- 1.38
- EPSi
- 0.17
- Div yieldi
- 0.00%
- 52W posi
- 44%
Reader sentiment
Are you bullish or bearish on BORR?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 0.57, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +1.01% YoY
Margins
- Gross margin
- 85.50%
- Operating margin
- 31.52%
- Net margin
- 4.41%
Key ratios & quality
- Enterprise valuei
- 3.10B
- Altman Z-Scorei
- 0.57
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 164.90M | 334.10M | 307.50M | 245.30M | 443.80M | 771.60M | 1.01B | 1.02B |
| Gross profit | 61.20M | 212.50M | 189.60M | 125.70M | 327.30M | 654.20M | 879.40M | 872.80M |
| Selling & admin expenses | 38.70M | 50.40M | 49.10M | 34.70M | 36.80M | 45.10M | 49.20M | 50.40M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | -157.60M | -145.80M | -129.90M | -89.50M | 25.60M | 249.80M | 373.80M | 321.80M |
| Pretax profit | -188.40M | -287.90M | -301.40M | -183.30M | -274.40M | 56.10M | 140.30M | 85.90M |
| Tax | 2.50M | 11.20M | 16.20M | 9.70M | 18.40M | 34.00M | 58.20M | 40.90M |
| Net profit | -190.90M | -299.10M | -317.60M | -193.00M | -292.80M | 22.10M | 82.10M | 45.00M |
| Basic EPS | -4 | -6 | -4 | -1 | -2 | 0 | 0 | 0 |
| Diluted EPS | -3.70 | -5.54 | -4.22 | -1.43 | -1.64 | 0.09 | 0.32 | 0.17 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 216.60M | 267.70M | 277.10M | 259.40M | 247.00M | 232.30M |
| Gross profit | 180.70M | 231.00M | 239.50M | 221.60M | 204.50M | 188.80M |
| Selling & admin expenses | 11.10M | 12.30M | 12.80M | 14.20M | 13.80M | 13.50M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 59.80M | 96.50M | 98.20M | 67.30M | 46.00M | 200.00K |
| Pretax profit | -4.30M | 39.90M | 39.10M | 11.20M | -17.90M | -230.50M |
| Tax | 12.60M | 4.80M | 11.30M | 12.20M | 11.10M | 10.90M |
| Net profit | -16.90M | 35.10M | 27.80M | -1.00M | -29.00M | -241.40M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | -1 |
| Diluted EPS | -0.07 | 0.14 | 0.10 | 0.00 | -0.09 | -0.79 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 208.60M | 277.90M | 140.80M | 176.20M | 349.90M | 409.90M | 516.60M | 768.40M |
| Cash & ST investments | 32.10M | 59.10M | 19.20M | 34.90M | 108.00M | 102.50M | 61.60M | 379.70M |
| Inventory | -- | -- | -- | -- | -- | -- | 2.50M | 2.10M |
| Total assets | 2.91B | 3.28B | 3.17B | 3.08B | 3.00B | 3.08B | 3.42B | 3.63B |
| Total current liabilities | 119.30M | 249.70M | 96.00M | 117.90M | 745.60M | 360.40M | 409.60M | 350.70M |
| Short-term debt | -- | 3.40M | 3.10M | 700.00K | 446.40M | 83.40M | 118.10M | 129.30M |
| Long-term debt | 1.18B | 1.71B | 1.91B | 1.92B | 1.19B | 1.62B | 1.99B | 2.02B |
| Total liabilities | 1,380,200,000.00 | 1,985,900,000.00 | 2,134,300,000.00 | 2,190,400,000.00 | 2,103,900,000.00 | 2,096,100,000.00 | 2,426,300,000.00 | 2,403,000,000.00 |
| Total equity | 1.53B | 1.29B | 1.04B | 889.90M | 897.80M | 984.00M | 993.30M | 1.22B |
| Retained earnings | -279.20M | -576.70M | -895.20M | -1.09B | -1.38B | -1.36B | -1.28B | -1.23B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 516.90M | 468.30M | 665.40M | 768.40M | 670.70M | 596.80M |
| Cash & ST investments | 170.00M | 92.40M | 227.80M | 379.70M | 246.00M | 223.60M |
| Inventory | -- | -- | -- | 2.10M | 1.80M | 2.90M |
| Total assets | 3.40B | 3.35B | 3.52B | 3.63B | 3.80B | 3.70B |
| Total current liabilities | 412.40M | 367.10M | 409.20M | 350.70M | 412.10M | 235.70M |
| Short-term debt | 118.40M | 118.40M | 118.30M | 129.30M | 129.30M | -- |
| Long-term debt | 2.00B | 1.93B | 1.94B | 2.02B | 2.18B | 2.49B |
| Total liabilities | 2,427,300,000.00 | 2,339,100,000.00 | 2,381,900,000.00 | 2,403,000,000.00 | 2,605,900,000.00 | 2,734,700,000.00 |
| Total equity | 974.90M | 1.01B | 1.14B | 1.22B | 1.20B | 961.60M |
| Retained earnings | -1.29B | -1.26B | -1.23B | -1.23B | -1.26B | -1.50B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -135.20M | -89.00M | -54.80M | -58.90M | 62.50M | -50.70M | 77.30M | 251.90M |
| Depreciation & amortization | 79.50M | 101.40M | 117.90M | 119.60M | 116.50M | 117.40M | 131.20M | 148.00M |
| Free cash flow | -528.80M | -360.80M | -97.20M | -77.80M | -20.80M | -164.70M | -332.10M | 127.40M |
| Dividends paid | -- | -- | -- | -- | 0 | 0 | -76.30M | -4.70M |
| Stock buybacks / issuance | 199.20M | 49.20M | 60.20M | 44.80M | 298.10M | 57.30M | -19.90M | 177.00M |
| Ending cash balance | 91.30M | 128.50M | 19.20M | 46.00M | 118.50M | 102.60M | 62.50M | 380.70M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 138.70M | 6.30M | 72.10M | 34.80M | 48.10M | -21.80M |
| Depreciation & amortization | 35.90M | 36.70M | 37.60M | 37.80M | 42.50M | 43.50M |
| Free cash flow | 113.60M | -7.10M | 38.20M | -17.30M | -134.80M | -30.10M |
| Dividends paid | -4.70M | 0 | 0 | 0 | 0 | 0 |
| Stock buybacks / issuance | -200.00K | 0 | 96.90M | 80.30M | 0 | 0 |
| Ending cash balance | 171.20M | 93.40M | 228.80M | 380.70M | 246.90M | 224.60M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -12.60 | -21.06 | -27.25 | -20.03 | -32.76 | 2.35 | 8.30 | 4.06 |
| ROA %i | -8.31 | -9.61 | -9.85 | -6.17 | -9.63 | 0.73 | 2.53 | 1.28 |
| ROIC %i | -8.44 | -8.53 | -8.38 | -4.19 | -7.46 | 5.43 | 8.06 | 6.48 |
| 5-year avg ROE %i | -- | -- | -- | -18.33 | -22.74 | -19.75 | -13.88 | -7.62 |
| EBIT margin %i | -105.94 | -65.10 | -69.59 | -36.85 | -33.57 | 27.80 | 33.82 | 29.74 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- | -- | 12.48 |
| Current ratioi | 1.75 | 1.11 | 1.47 | 1.49 | 0.47 | 1.14 | 1.26 | 2.19 |
| Quick ratioi | 1.05 | 0.70 | 1.28 | 1.26 | 0.40 | 0.99 | 1.13 | 2.07 |
| Debt / assetsi | 40.35 | 52.23 | 60.21 | 62.22 | 54.55 | 55.26 | 61.72 | 59.31 |
| LT debt / equityi | 76.75 | 132.14 | 183.85 | 215.29 | 132.67 | 164.51 | 200.59 | 165.30 |
| Interest coveragei | -12.75 | -3.09 | -2.45 | -0.97 | -1.19 | 1.35 | 1.70 | 1.39 |
| Revenue CAGR (3Y) %i | -- | -- | 1,354.17 | 14.15 | 9.93 | 35.89 | 60.31 | 32.00 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 5.17 | 5.39 | 6.79 | 4.06 | 3.03 | -24.68 |
| ROA %i | 1.52 | 1.66 | 2.11 | 1.28 | 0.91 | -6.91 |
| ROIC %i | 7.00 | 7.38 | 6.84 | 6.48 | 6.07 | -2.33 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 31.63 | 31.62 | 32.17 | 29.74 | 28.00 | 2.69 |
| FCF / sales %i | -- | -- | -- | 12.48 | -- | -- |
| Current ratioi | 1.25 | 1.28 | 1.63 | 2.19 | 1.63 | 2.53 |
| Quick ratioi | 1.11 | 1.13 | 1.51 | 2.07 | 1.51 | 2.34 |
| Debt / assetsi | 62.17 | 61.22 | 58.37 | 59.31 | 60.61 | 67.24 |
| LT debt / equityi | 204.80 | 190.93 | 169.95 | 165.30 | 181.72 | 258.45 |
| Interest coveragei | 1.49 | 1.45 | 1.51 | 1.39 | 1.33 | 0.12 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Dayrate100.00%
Quote time 2026-10-08 08:28:07 · For reference only, not investment advice and not tailored to your situation.