Saturday 17 October 2026 Export BORR’s income statement to Excel — free account

Borr Drilling Limited

Borr Drilling Limited’s revenue for fiscal 2025 (year ended December 2025) was $1.0 billion, up 1.01% from fiscal 2024. In the quarter to June 2026, revenue fell 13.2%, EPS fell 626.7%, free cash flow fell 323.9% and total debt rose 21.1%, each against the same quarter a year earlier. Revenue growth for three consecutive years; insiders bought in the last twelve months.

4.54 0.01 −0.22%

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Market cap: $1.4B
P/E: 0.0×
Fwd P/E: −28.0×
Dividend yield: 0.00%
F-score: 5/9
Altman Z: 0.50
Beneish M: −2.54
Dividend safety: 52/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 69.66

Total sells 38.00

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	2	1	—	3	—	4	3	6
Sell	—	—	—	—	—	—	—	1	—	—	5	—

Insider Ownership 15.63%

Capital & Financial Ratios $m

Market Cap 1,400.00

Revenue 1,015.80

Net Income (243.60)

Free Cash Flow (108.00)

Net Debt 2,260.70

Current Ratio 2.53

Debt/Equity 2.58

P/E ratio 0.00

Fwd P/E (28.00)

P/S ratio 1.37

P/B ratio 1.45

Past 5Y EPS Growth —

This Y EPS Growth (521.60%)

Next Y EPS Growth 116.30%

Next Y revenue growth (2.38%)

Next 5Y EPS Growth 41.32%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 47.81%

10-year low 10-year high

P/B against its own 10 years 73.69%

10-year low 10-year high

EV/Sales against its own 10 years 30.05%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate 0.00

Annual Dividend Yield 0.00%

	total	individual payouts
2027	Powerpack
2026	Powerpack
2025	0.01	0.02
2024	0.32	0.05 0.05 0.10 0.10 0.02
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	103	63	381	225
Receivables	56	184	192	193
Inventory	—	—	—	—
Other	240	261	188	167
	410	517	768	597

	2023	2024	2025	Q'26
Payables	36	82	34	62
ST’ Debt	83	118	129	—
Other	63	84	56	42
	360	410	351	236

Compound Annual Growth %

	10y	5y	3y
Sales	—	27.12%	32.00%
Cash Flow	—	0.00%	59.14%
Earnings	—	0.00%	0.00%
Book Value	—	3.35%	10.84%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	247	232	—	—	—
’25	217	268	277	259	1,021
’24	234	272	242	263	1,011
’23	172	188	192	221	772
’22	82	105	108	149	444
’21	48	55	73	69	245
’20	104	84	59	60	308

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	48	(22)	—	—	—
’25	139	6	72	35	252
’24	24	16	48	(11)	77
’23	(8)	2	35	(79)	(51)
’22	(15)	(8)	8	78	63
’21	(17)	(11)	(7)	(24)	(59)
’20	(5)	(5)	(6)	(38)	(55)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(135)	(30)	—	—	—
’25	114	(7)	38	19	163
’24	5	3	(139)	(201)	(332)
’23	(37)	(23)	11	(115)	(165)
’22	(22)	(24)	(12)	38	(20)
’21	(18)	(15)	(13)	(29)	(75)
’20	(18)	(3)	(15)	(24)	(59)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.09)	(0.79)	—	—	—
’25	(0.07)	0.14	0.10	0.00	0.17
’24	0.06	0.12	0.04	0.10	0.32
’23	(0.03)	0.00	0.00	0.11	0.09
’22	(0.35)	(1.09)	(0.30)	(0.09)	(1.64)
’21	(0.46)	(0.44)	(0.24)	(0.34)	(1.43)
’20	(1.58)	(1.66)	(0.78)	(0.44)	(4.06)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	23.40	9.20	0.49	1.12	1.75	4.52	3.29	1.55	Analyst estimates 2026–2028 Powerpack
	High	—	—	53.50	32.30	18.24	3.34	6.96	9.01	7.47	4.48
People
People	Employees	—	—	664	694	1,345	1,926	2,504	2,869	2,719	2,784
	Revenue/emp, $m	—	0.00	0.25	0.48	0.23	0.13	0.18	0.27	0.37	0.37
Income, $m
Income, $m	Revenue	—	0	165	334	308	245	444	772	1,011	1,021
	Gross margin, %	—	(36,100.00)	(9.22)	7.84	12.07	26.42	40.31	53.43	54.84	50.96
	EBT	(1)	(88)	(188)	(288)	(301)	(183)	(274)	56	140	86
	EBT margin, %	0.00	(88,000.00)	(114.25)	(86.17)	(98.02)	(74.72)	(61.83)	7.27	13.88	8.41
	Net income	(1)	(88)	(191)	(299)	(318)	(193)	(293)	22	82	45
	Depreciation	—	(131)	104	122	124	133	139	121	102	161
Per share, $
Per share, $	Revenue	0.00	0.00	3.21	6.22	4.09	1.82	2.49	3.16	4.03	3.89
	Earnings	(0.73)	(0.68)	(3.71)	(5.74)	(4.06)	(1.43)	(1.64)	0.09	0.33	0.17
	Cash flow	(0.08)	(1.43)	(2.63)	(1.66)	(0.73)	(0.44)	0.35	(0.21)	0.31	0.96
	Capex	0.00	(7.00)	(6.84)	(4.93)	(0.06)	(0.12)	(0.46)	(0.47)	(1.63)	(0.34)
	Free cash flow	(0.08)	(8.43)	(9.47)	(6.58)	(0.79)	(0.56)	(0.11)	(0.67)	(1.32)	0.62
	Book value	157.66	11.54	29.81	24.08	13.79	6.61	5.03	4.03	3.96	4.66
	Shares, m	1	129	51	54	75	135	178	244	251	262
Valuation, ×
Valuation, ×	P/E	—	0.00	0.00	0.00	0.00	0.00	0.00	86.63	11.47	22.39
	P/S	—	0.00	39.57	2.91	0.40	1.13	1.96	2.32	0.97	1.04
	P/B	—	8.65	4.25	0.75	0.12	0.31	0.97	1.82	0.99	0.86
	EV/Sales	—	0.00	46.11	7.65	6.55	8.79	5.40	4.39	2.99	2.77
	EV/FCF	—	0.00	(15.61)	(7.23)	(33.83)	(28.71)	(119.26)	(20.57)	(9.11)	17.30
Cash, $m
Cash, $m	Operating cash flow	0	(185)	(135)	(89)	(55)	(59)	63	(51)	77	252
	Capex	0	(905)	(352)	(265)	(5)	(16)	(83)	(114)	(409)	(88)
	Free cash flow	0	(1,090)	(487)	(354)	(59)	(75)	(20)	(165)	(332)	163
Balance, $m
Balance, $m	Working capital	138	204	89	28	45	58	(396)	50	107	418
	Total debt	—	87	1,175	1,713	1,909	1,917	1,637	1,702	2,111	2,150
	Net debt	(138)	(116)	1,079	1,585	1,890	1,878	1,527	1,599	2,048	1,770
	Shareholders’ equity	158	1,493	1,534	1,294	1,037	890	898	984	993	1,223
Returns, %
Returns, %	ROA	(0.08)	(9.62)	(8.31)	(9.61)	(9.85)	(6.17)	(9.63)	0.73	2.53	1.28
	ROIC	0.00	(4.98)	(3.14)	(3.27)	(4.01)	(1.99)	(2.63)	6.06	7.69	6.73
	ROE	(0.08)	(10.66)	(12.59)	(21.05)	(27.25)	(20.03)	(32.76)	2.35	8.30	4.06

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
NE Noble Corporation PLC	$6.9B	46.4×	29.7×	−15.20% (below 0%: shrinking)	n/m	−152.06% (below 0%: shrinking)	37.99%	4.23%	Compare
RIG Transocean Ltd.	$6.2B	— (loss-making)	31.8×	−2.23% (below 0%: shrinking)	n/m	+90.18% (above 0%: growing)	100.00%	15.73%	Compare
VAL Valaris Limited	$5.8B	6.3×	25.3×	−12.35% (below 0%: shrinking)	−54.94% (below 0%: shrinking)	−159.58% (below 0%: shrinking)	22.94%	9.48%	Compare
PTEN Patterson-UTI Energy, Inc.	$4.3B	— (loss-making)	— (loss-making)	+0.71% (above 0%: growing)	n/m	−598.20% (below 0%: shrinking)	22.85%	(0.57%)	Compare
HP Helmerich & Payne, Inc.	$3.8B	— (loss-making)	— (loss-making)	−0.58% (below 0%: shrinking)	n/m	+574.70% (above 0%: growing)	29.52%	18.19%	Compare
SDRL Seadrill Limited	$2.9B	1,575×	123×	+19.10% (above 0%: growing)	n/m	−258.33% (below 0%: shrinking)	52.12%	16.04%	Compare
BORR Borr Drilling Limited	$1.4B	— (loss-making)	— (loss-making)	−13.22% (below 0%: shrinking)	n/m	−323.94% (below 0%: shrinking)	24.62%	0.13%
NBR Nabors Industries Ltd.	$1.2B	5.3×	— (loss-making)	−2.62% (below 0%: shrinking)	n/m	+135.53% (above 0%: growing)	37.87%	7.05%	Compare
SOC Sable Offshore Corp.	$637.0M	— (loss-making)	—	—	n/m	+90.17% (above 0%: growing)	100.00%	(48.78%)	Compare
Median of peers	$4.0B	26.4×	30.8×	−2.23%	—	−30.94%	37.93%	8.27%

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