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 Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
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 |
Cash & Equivalents | 223.6 | 379.7 | 61.6 | 102.5 | 108 | 34.9 |
Cash & Short-Term Investments | 223.6 | 379.7 | 61.6 | 102.5 | 108 | 34.9 |
Cash Growth | 141.99% | 516.40% | -39.90% | -5.09% | 209.46% | 81.77% |
Accounts Receivable | 311.3 | 333.3 | 382.1 | 230.2 | 170.6 | 99.9 |
Other Receivables | 16.2 | 12.8 | 18.5 | 25.7 | 20.3 | 13.2 |
Receivables | 327.5 | 346.1 | 400.6 | 255.9 | 190.9 | 113.1 |
Prepaid Expenses | 12.8 | 8.3 | 8.4 | 11 | 9.6 | 6.6 |
Restricted Cash | 1 | 1 | 0.9 | 0.1 | 2.5 | 3.3 |
Other Current Assets | 31.9 | 33.3 | 45.1 | 40.4 | 38.9 | 18.3 |
Total Current Assets | 596.8 | 768.4 | 516.6 | 409.9 | 349.9 | 176.2 |
Property, Plant & Equipment | 3,038 | 2,745 | 2,826 | 2,588 | 2,598 | 2,871 |
Long-Term Investments | 10.3 | 11.8 | 14.5 | 15.7 | 20.6 | 19.4 |
Long-Term Accounts Receivable | - | 9.9 | 1.5 | 1.5 | 1.5 | - |
Long-Term Deferred Tax Assets | 23 | 22.3 | 18.6 | 19.3 | 3.5 | 0.7 |
Long-Term Deferred Charges | 26.3 | 31.5 | 40.7 | 45.1 | 19.4 | 4.4 |
Other Long-Term Assets | 1.6 | 37 | 1.7 | 0.3 | 8.6 | 8.3 |
Total Assets | 3,696 | 3,626 | 3,420 | 3,080 | 3,002 | 3,080 |
Liabilities
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 |
Accounts Payable | 61.6 | 33.8 | 81.6 | 35.5 | 47.7 | 34.7 |
Accrued Expenses | 140.3 | 111.5 | 100 | 157.3 | 192.8 | 72.8 |
Current Portion of Long-Term Debt | - | 129.3 | 118.1 | 82.9 | 445.9 | - |
Current Portion of Leases | 0.6 | 0.2 | 0.4 | 0.5 | 0.5 | 0.7 |
Current Income Taxes Payable | 9.7 | 8.5 | 14.3 | 6.7 | - | 4.4 |
Current Unearned Revenue | 22.6 | 43.7 | 43 | 59.5 | 57.3 | 3.9 |
Other Current Liabilities | 0.9 | 23.7 | 52.2 | 18 | 1.4 | 1.4 |
Total Current Liabilities | 235.7 | 350.7 | 409.6 | 360.4 | 745.6 | 117.9 |
Long-Term Debt | 2,485 | 2,021 | 1,993 | 1,619 | 1,191 | 1,916 |
Long-Term Leases | 0.9 | 0.6 | 0.8 | 1.1 | 1.7 | 1.3 |
Long-Term Unearned Revenue | 12.2 | 29.5 | 21 | 56.6 | 68.7 | 2.5 |
Long-Term Deferred Tax Liabilities | - | 0.5 | - | - | - | - |
Other Long-Term Liabilities | 0.6 | 0.7 | 2.4 | 59.2 | 96.8 | 152.8 |
Total Liabilities | 2,735 | 2,403 | 2,426 | 2,096 | 2,104 | 2,190 |
Shareholders' Equity
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 |
Common Stock | 31.6 | 31.6 | 26.5 | 26.5 | 23 | 13.8 |
Additional Paid-In Capital | 2,439 | 2,441 | 2,265 | 2,325 | 2,266 | 1,978 |
Retained Earnings | -1,502 | -1,232 | -1,277 | -1,359 | -1,381 | -1,088 |
Treasury Stock | -6.4 | -18.1 | -20.9 | -8.9 | -9.8 | -13.7 |
Total Common Equity | 961.6 | 1,223 | 993.3 | 984 | 897.8 | 889.9 |
Shareholders' Equity | 961.6 | 1,223 | 993.3 | 984 | 897.8 | 889.9 |
Total Liabilities & Equity | 3,696 | 3,626 | 3,420 | 3,080 | 3,002 | 3,080 |
Additional Metrics
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 |
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 |
Filing Date Shares Outstanding | 308.51 | 307.7 | 244.93 | 253 | 253.95 | 151.67 |
Total Common Shares Outstanding | 308.51 | 307.22 | 244.93 | 252.58 | 228.95 | 136.81 |
Working Capital | 361.1 | 417.7 | 107 | 49.5 | -395.7 | 58.3 |
Book Value Per Share | 3.12 | 3.98 | 4.06 | 3.90 | 3.92 | 6.50 |
Tangible Book Value | 961.6 | 1,223 | 993.3 | 984 | 897.8 | 889.9 |
Tangible Book Value Per Share | 3.12 | 3.98 | 4.06 | 3.90 | 3.92 | 6.50 |
Buildings | - | - | - | 5.4 | 3.5 | 135.5 |
Machinery | 3,997 | 3,618 | 3,551 | 3,176 | 3,072 | 3,122 |
Order Backlog | - | 962.9 | 1,331 | 1,313 | 929.8 | 324.8 |