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 $3.5B against $962.6M — 3.6× 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%). Only Helmerich & Payne, Inc. pays a dividend (2.84%). 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 0.99 0.88 1.23
P/B 1.04 1.32 1.07
Price to free cash flow n/m 7.19 10.44
EV/EBITDA 8.90 6.18 6.86
EV/Sales 3.34 1.28 2.16
Earnings yield (23.93%) (4.00%) (0.67%)
Free cash flow yield (10.78%) 13.91% 5.47%

Profitability

Metric BORR HP Oil & Gas Drilling median
Gross margin 42.08% 28.82% 38.58%
Operating margin 20.84% 2.25% 8.58%
Net margin (23.98%) (3.43%) (0.52%)
Free cash flow margin (10.63%) 12.25% 3.36%
Return on equity (24.68%) (4.95%) (1.53%)
Return on assets (6.91%) (2.08%) (0.45%)
Return on invested capital 4.11% 1.32% 2.81%

Growth

Metric BORR HP Oil & Gas Drilling median
Revenue growth (TTM) 2.71% 16.57% 3.33%
EPS growth (last fiscal year) (46.88%) (148.40%) (46.88%)
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 0.59
Current ratio 2.53 1.96 1.76
Net debt to EBITDA 3.67 2.87 0.90

Dividend

Metric BORR HP Oil & Gas Drilling median
Dividend yield 0.00% 2.84% —
Payout ratio — — —

Size

Metric BORR HP Oil & Gas Drilling median
Market cap 962.56m 3.47b 3.47b

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