Borr Drilling Limited (BORR) vs Helmerich & Payne, Inc. (HP)

Borr Drilling Limited and Helmerich & Payne, Inc. are both Oil & Gas Drilling companies. Helmerich & Payne, Inc. is the larger, with a market value of $4.0B against $1.3B — 3.0× the size. Helmerich & Payne, Inc. grew revenue faster over the last twelve months: 16.6% against 2.71%. Helmerich & Payne, Inc. has the higher net margin (−3.43% vs −24.0%) and the lower return on invested capital (1.32% vs 4.11%). Both pay a dividend; Helmerich & Payne, Inc. yields more (3.73% vs 0.16%). Across the 20 metrics below, Helmerich & Payne, Inc. leads on 13 and Borr Drilling Limited on 7.

Valuation

Metric BORR HP Oil & Gas Drilling median
P/E n/m n/m —
P/S 1.27 0.97 1.37
P/B 1.35 1.45 1.35
Price to free cash flow n/m 7.91 15.47
EV/EBITDA 9.67 6.61 8.26
EV/Sales 3.63 1.37 2.31
Earnings yield (18.53%) (3.64%) (2.10%)
Free cash flow yield (8.35%) 12.65% 3.40%

Profitability

Metric BORR HP Oil & Gas Drilling median
Gross margin 42.08% 28.82% 39.29%
Operating margin 20.84% 2.25% 7.77%
Net margin (23.98%) (3.43%) 0.00%
Free cash flow margin (10.63%) 12.25% 4.46%
Return on equity (24.68%) (4.95%) (2.78%)
Return on assets (6.91%) (2.08%) (1.64%)
Return on invested capital 4.11% 1.32% 2.29%

Growth

Metric BORR HP Oil & Gas Drilling median
Revenue growth (TTM) 2.71% 16.57% 4.14%
EPS growth (last fiscal year) (46.88%) (148.40%) —
Revenue growth, 5-year CAGR 27.12% 16.13% 13.40%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BORR HP Oil & Gas Drilling median
Debt to equity 2.58 0.70 0.61
Current ratio 2.53 1.96 1.89
Net debt to EBITDA 3.67 2.87 0.90

Dividend

Metric BORR HP Oil & Gas Drilling median
Dividend yield 0.16% 3.73% —
Payout ratio 0.00 0.45 0.00

Size

Metric BORR HP Oil & Gas Drilling median
Market cap 1.33b 3.98b 3.98b

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