Borr Drilling Limited (BORR)

NYSE: BORR · Real-Time Price · USD

4.480

+0.030 (0.67%)

At close: Aug 31, 2026, 4:00 PM EDT

4.520

+0.040 (0.89%)

After-hours: Aug 31, 2026, 7:45 PM EDT

Borr Drilling Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,016	1,021	1,011	771.6	443.8	245.3
Revenue Growth	2.71%	1.01%	30.98%	73.86%	80.92%	-20.23%
Gross Profit	443.7	534.6	567.3	412.3	178.9	64.8
Operating Income	211.7	321.8	373.8	249.8	25.6	-89.5
Net Income	-243.6	45	82.1	22.1	-292.8	-193
Earnings Per Share	-0.83	0.17	0.32	0.09	-1.64	-1.43
EPS Growth	-	-46.88%	255.56%	-	-	-

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
West Africa	281.5	279.1	187.8	168.6	106.9	30.7
The Americas	232.4	226.4	289.6	191.2	95.9	39.5
Middle East and North Africa	203.4	176.6	210.9	147.8	37.7	-
South East Asia	248.8	295.8	285.9	233	154.5	99.5
Europe	49.7	42.9	36.4	31	48.8	75.6
Total	1,016	1,021	1,011	771.6	443.8	245.3

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	223.6	379.7	61.6	102.5	108	34.9
Total Debt	2,487	2,151	2,112	1,703	1,639	1,918
Net Cash (Debt)	-2,263	-1,771	-2,050	-1,601	-1,531	-1,883
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-7.66	-6.70	-8.06	-6.45	-8.58	-13.98

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	133.2	251.9	77.3	-50.7	62.5	-58.9
Capital Expenditures	-277.2	-124.5	-409.4	-114	-83.3	-18.9
Free Cash Flow	-144	127.4	-332.1	-164.7	-20.8	-77.8
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	43.68%	52.37%	56.14%	53.43%	40.31%	26.42%
Operating Margin	20.84%	31.52%	36.99%	32.37%	5.77%	-36.49%
Pretax Margin	-19.50%	8.41%	13.88%	7.27%	-61.83%	-74.72%
Profit Margin	-23.98%	4.41%	8.12%	2.86%	-65.98%	-78.68%
FCF Margin	-14.18%	12.48%	-32.86%	-21.34%	-4.69%	-31.72%

Dividends

Fiscal Year	FY 2024	FY 2023
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Dividend Per Share	0.240	0.050
Dividend Per Share Growth	380.00%	-
Dividend Yield	6.20%	0.72%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 1, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	27.48	11.71	84.43	-	-
Forward PE	-	108.81	9.07	9.62	-	-
P/FCF Ratio	-	9.71	-	-	-	-
PS Ratio	1.36	1.21	0.95	2.42	2.56	1.26