Borr Drilling Statistics
Total Valuation
Borr Drilling has a market cap or net worth of $980.87 million. The enterprise value is $2.71 billion.
Important Dates
The last earnings date was Wednesday, November 6, 2024, after market close.
| Earnings Date | Nov 6, 2024 |
| Ex-Dividend Date | Aug 21, 2024 |
Share Statistics
Borr Drilling has 251.18 million shares outstanding. The number of shares has increased by 8.27% in one year.
| Current Share Class | 251.18M |
| Shares Outstanding | 251.18M |
| Shares Change (YoY) | +8.27% |
| Shares Change (QoQ) | -11.63% |
| Owned by Insiders (%) | n/a |
| Owned by Institutions (%) | n/a |
| Float | 166.28M |
Valuation Ratios
The trailing PE ratio is 11.65 and the forward PE ratio is 6.18.
| PE Ratio | 11.65 |
| Forward PE | 6.18 |
| PS Ratio | n/a |
| Forward PS | 0.89 |
| PB Ratio | n/a |
| P/TBV Ratio | 0.99 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 490.43 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 32.14 |
| EV / Sales | 2.80 |
| EV / EBITDA | 5.64 |
| EV / EBIT | 7.66 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.41, with a Debt / Equity ratio of 2.02.
| Current Ratio | 1.41 |
| Quick Ratio | 1.31 |
| Debt / Equity | 2.02 |
| Debt / EBITDA | 4.05 |
| Debt / FCF | n/a |
| Interest Coverage | 1.68 |
Financial Efficiency
Return on equity (ROE) is 8.83% and return on invested capital (ROIC) is 7.97%.
| Return on Equity (ROE) | 8.83% |
| Return on Assets (ROA) | 6.91% |
| Return on Capital (ROIC) | 7.97% |
| Revenue Per Employee | $513,854 |
| Profits Per Employee | $44,692 |
| Employee Count | 1,884 |
| Asset Turnover | 0.30 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Borr Drilling has paid $39.30 million in taxes.
| Income Tax | 39.30M |
| Effective Tax Rate | 31.82% |
Stock Price Statistics
The stock price has decreased by -37.64% in the last 52 weeks. The beta is 2.50, so Borr Drilling's price volatility has been higher than the market average.
| Beta (5Y) | 2.50 |
| 52-Week Price Change | -37.64% |
| 50-Day Moving Average | 4.91 |
| 200-Day Moving Average | 5.89 |
| Relative Strength Index (RSI) | 33.82 |
| Average Volume (20 Days) | 4,416,595 |
Short Selling Information
| Short Interest | 12.44M |
| Short Previous Month | 10.15M |
| Short % of Shares Out | 6.71% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 4.74 |
Income Statement
In the last 12 months, Borr Drilling had revenue of $968.10 million and earned $84.20 million in profits. Earnings per share was $0.33.
| Revenue | 968.10M |
| Gross Profit | 537.90M |
| Operating Income | 353.10M |
| Pretax Income | 80.80M |
| Net Income | 84.20M |
| EBITDA | 479.40M |
| EBIT | 353.10M |
| Earnings Per Share (EPS) | $0.33 |
Full Income StatementBalance Sheet
The company has $185.70 million in cash and $2.00 billion in debt, giving a net cash position of -$1.81 billion or -$7.22 per share.
| Cash & Cash Equivalents | 185.70M |
| Total Debt | 2.00B |
| Net Cash | -1.81B |
| Net Cash Per Share | -$7.22 |
| Equity (Book Value) | 988.20M |
| Book Value Per Share | 3.93 |
| Working Capital | 169.60M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $2.00 million and capital expenditures -$255.00 million, giving a free cash flow of -$253.00 million.
| Operating Cash Flow | 2.00M |
| Capital Expenditures | -255.00M |
| Free Cash Flow | -253.00M |
| FCF Per Share | -$1.01 |
Full Cash Flow StatementMargins
Gross margin is 55.56%, with operating and profit margins of 36.47% and 8.70%.
| Gross Margin | 55.56% |
| Operating Margin | 36.47% |
| Pretax Margin | 12.76% |
| Profit Margin | 8.70% |
| EBITDA Margin | 49.52% |
| EBIT Margin | 36.47% |
| FCF Margin | -14.67% |
Dividends & Yields
This stock pays an annual dividend of $0.30, which amounts to a dividend yield of 7.64%.
| Dividend Per Share | $0.30 |
| Dividend Yield | 7.64% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 90.36% |
| Buyback Yield | -8.27% |
| Shareholder Yield | -0.59% |
| Earnings Yield | 8.58% |
| FCF Yield | -25.79% |
Dividend DetailsAnalyst Forecast
The average price target for Borr Drilling is $9.00, which is 129.30% higher than the current price. The consensus rating is "Buy".
| Price Target | $9.00 |
| Price Target Difference | 129.30% |
| Analyst Consensus | Buy |
| Analyst Count | 1 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
The last stock split was on December 14, 2021. It was a reverse split with a ratio of 0.5:1.
| Last Split Date | Dec 14, 2021 |
| Split Type | Reverse |
| Split Ratio | 0.5:1 |
Scores
Borr Drilling has an Altman Z-Score of 0.56 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.56 |
| Piotroski F-Score | 6 |