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Borr Drilling Limited logo

Borr Drilling Limited

BORR

NYSEEnergyOil & Gas Drilling

Open in GoAI

Previous close

$4.50

+$0.07 · +1.58%

Aug 21, 4:00 PM ET

Pre-market

$4.58

+$0.08 · +1.78%

Aug 24, 7:35 AM ET

BORR company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

63

Undervalued

Momentum

28

Weakening

Sentiment

60

Mixed

Risk resilience

46

Elevated Risk

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Company profile

Company website

Borr Drilling Limited operates as an offshore shallow-water drilling contractor to the oil and gas industry in the Americas, Southeast Asia, West Africa, the Middle East, North Africa, and Europe. It owns, contracts, and operates jack-up rigs for operations in shallow-water areas, such as the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production. It serves oil and gas exploration and production companies, such as integrated oil companies, state-owned national oil companies, and independent oil and gas companies. The company was formerly known as Magni Drilling Limited and changed its name to Borr Drilling Limited in December 2016. Borr Drilling Limited was incorporated in 2016 and is based in Hamilton, Bermuda.

Industry
Oil & Gas Drilling
Sector
Energy
Headquarters
BM
CEO
Bruno Morand
Listed since
Jul 31, 2019
Employees
2,030

Market position

Day range

Current $4.50

52-week range

Current $4.50

Open
$4.515
Previous close
$4.43
Volume
3.35M
0.48× average
Average volume
7.05M
Average daily volume
Market cap
1.38B USD
Beta
1.01
Market reference 1
50-day average
$4.2556
+5.74% above average
200-day average
$4.7372
-5.01% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.83B USD
P/E (TTM)
-5.79×
P/B (TTM)
1.44×
P/S (TTM)
1.36×
EV / EBITDA
6.11×
Earnings yield
4.26%
Free cash flow yield
12.05%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
30.47%
Operating margin
20.85%
Net margin
-23.69%
Return on equity
3.68%
Return on assets
1.24%
Return on invested capital
4.95%

Financial health

Debt / equity
2.58×
Current ratio
2.11×
Altman Z-score
0.3
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends104%37%-29%-95%Gross margin, FY2021: 51.24%Gross margin, FY2022: 73.75%Gross margin, FY2023: 84.78%Gross margin, FY2024: 87.02%Gross margin, FY2025: 36.46%Operating margin, FY2021: -36.00%Operating margin, FY2022: -22.96%Operating margin, FY2023: 32.45%Operating margin, FY2024: 37.03%Operating margin, FY2025: 31.52%Net margin, FY2021: -78.68%Net margin, FY2022: -65.98%Net margin, FY2023: 2.86%Net margin, FY2024: 8.12%Net margin, FY2025: 4.41%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 51.24%. Gross margin FY2022 73.75%. Gross margin FY2023 84.78%. Gross margin FY2024 87.02%. Gross margin FY2025 36.46%. Operating margin FY2021 -36.00%. Operating margin FY2022 -22.96%. Operating margin FY2023 32.45%. Operating margin FY2024 37.03%. Operating margin FY2025 31.52%. Net margin FY2021 -78.68%. Net margin FY2022 -65.98%. Net margin FY2023 2.86%. Net margin FY2024 8.12%. Net margin FY2025 4.41%.

Income trends

Revenue

1.02B USD+1.01%

Operating income

321.8M USD-14.00%

Net income

45M USD-45.19%
Income trends across reported periods1.15B USD626.72M USD101.28M USD−424.16M USDRevenue, FY2021: 245.3M USDRevenue, FY2022: 443.8M USDRevenue, FY2023: 771.6M USDRevenue, FY2024: 1.01B USDRevenue, FY2025: 1.02B USDOperating income, FY2021: −88.3M USDOperating income, FY2022: −101.9M USDOperating income, FY2023: 250.4M USDOperating income, FY2024: 374.2M USDOperating income, FY2025: 321.8M USDNet income, FY2021: −193M USDNet income, FY2022: −292.8M USDNet income, FY2023: 22.1M USDNet income, FY2024: 82.1M USDNet income, FY2025: 45M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 245.3M USD. Revenue FY2022 443.8M USD. Revenue FY2023 771.6M USD. Revenue FY2024 1.01B USD. Revenue FY2025 1.02B USD. Operating income FY2021 −88.3M USD. Operating income FY2022 −101.9M USD. Operating income FY2023 250.4M USD. Operating income FY2024 374.2M USD. Operating income FY2025 321.8M USD. Net income FY2021 −193M USD. Net income FY2022 −292.8M USD. Net income FY2023 22.1M USD. Net income FY2024 82.1M USD. Net income FY2025 45M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.02B USD1.01B USD771.6M USD443.8M USD245.3M USD
Cost of goods sold648.6M USD131.2M USD117.4M USD116.5M USD119.6M USD
Gross profit372.2M USD879.4M USD654.2M USD327.3M USD125.7M USD
Selling, general, and administrative50.4M USD49.2M USD45.1M USD36.8M USD34.7M USD
Operating expenses50.4M USD505.2M USD403.8M USD429.2M USD214M USD
Interest income3.7M USD6.4M USD4.9M USD5.4M USD—
Interest expense228.4M USD218.8M USD179.5M USD151.9M USD92.9M USD
Depreciation and amortization148M USD131.2M USD117.4M USD116.5M USD119.6M USD
Operating income321.8M USD374.2M USD250.4M USD−101.9M USD−88.3M USD
Net income45M USD82.1M USD22.1M USD−292.8M USD−193M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
27%
3 beats, 7 misses, 1 met estimate
Average EPS surprise
-15.97%
11 comparable reports
Latest EPS result
-0.79
Estimate -0.21 · Miss by 279.17%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.21-0.15-0.5-0.86Q1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 19, 2025: actual 0.1, estimate 0.11, surprise -9.09%, Miss. Q2 2025, reported May 21, 2025: actual -0.07, estimate -0.06, surprise -16.67%, Miss. Q3 2025, reported Aug 13, 2025: actual 0.14, estimate 0.096, surprise +46.54%, Beat. Q4 2025, reported Nov 5, 2025: actual 0.1, estimate -0.026, surprise +490.93%, Beat. Q1 2026, reported Feb 18, 2026: actual -0.003, estimate -0.016, surprise +78.09%, Beat. Q2 2026, reported May 20, 2026: actual -0.09, estimate -0.021, surprise -333.94%, Miss. Q3 2026, reported Aug 11, 2026: actual -0.79, estimate -0.208, surprise -279.17%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate -0.03, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates288.18M260.63M233.07M205.52MQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 19, 2025: actual 263.1M USD, estimate 235.57M USD, surprise +11.69%, Beat. Q2 2025, reported May 21, 2025: actual 216.6M USD, estimate 263.35M USD, surprise -17.75%, Miss. Q3 2025, reported Aug 13, 2025: actual 267.7M USD, estimate 263.82M USD, surprise +1.47%, Beat. Q4 2025, reported Nov 5, 2025: actual 277.1M USD, estimate 238.65M USD, surprise +16.11%, Beat. Q1 2026, reported Feb 18, 2026: actual 259.4M USD, estimate 240.75M USD, surprise +7.75%, Beat. Q2 2026, reported May 20, 2026: actual 247M USD, estimate 253.35M USD, surprise -2.50%, Miss. Q3 2026, reported Aug 11, 2026: actual 232.3M USD, estimate 245.96M USD, surprise -5.55%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate 267.02M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

4 ratings

Limited analyst sample: 4 ratings. Interpret the distribution with caution.

Strong buy00%
Buy00%
Hold4100%
Sell00%
Strong sell00%

Recent analyst actions

3 institutions
BTIGdowngradeBuyNeutral
Evercore ISI GroupmaintainIn Line

BORR news

fool.com

Borr Drilling Director Tor Olav Troim Buys 500,000 Shares for $2.2 Million. Is This a Signal to Buy?

Acquisition of ~500,000 shares at $4.39 per share resulted in a total investment of ~$2.2 million as of August 14, 2026. The purchase increased the director's total equity position by 2% relative to previous holdings.

Read source
fool.com

Why Borr Drilling Stock Withered on Wednesday

While this was largely due to an accounting charge, it resulted in a significant miss on analyst estimates. That said, the company remains busy amid elevated activity in the energy industry.

Read source
seekingalpha.com

Borr Drilling Limited (BORR) Q2 2026 Earnings Call Transcript

Borr Drilling Limited (BORR) Q2 2026 Earnings Call Transcript

Read source
marketbeat.com

Borr Drilling Q2 Earnings Call Highlights

Borr Drilling NYSE: BORR reported lower second-quarter adjusted EBITDA and a wider net loss as rig transitions, startup costs for the Odin rig, higher fuel and insurance expenses, and a credit-loss provision weighed on…

Read source
prnewswire.com

Borr Drilling Limited - Q2 2026 Presentation

/PRNewswire/ -- Please find enclosed the presentation of Borr Drilling Limited's financial results for the three and six months ended June 30, 2026 to be held

Read source
prnewswire.com

Borr Drilling Limited - Filing of Interim Financial Report on Form 6-K

HAMILTON, Bermuda, August 12, 2026 /PRNewswire/ -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) (the "Company") today filed its unaudited interim financial report on Form 6-K for the three and six months ended June 30,…

Read source

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ETFs holding BORR

Funds reporting this stock among their holdings, ordered by reported position size.

EA Bridgeway Omni Small-Cap Value ETF logoEA Bridgeway Omni Small-Cap Value ETFBSVO
Market value
6.7M
Weight
0.27%
AUM
1.71B USD
Expense ratio
0.47%
Price / 1D
$29.62+0.85%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
5.4M
Weight
0.03%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%
U.S. Micro Cap Portfolio ETF logoU.S. Micro Cap Portfolio ETFDFMC
Market value
4.74M
Weight
0.06%
AUM
8.06B USD
Expense ratio
0.43%
Price / 1D
$60.95+0.73%
Dimensional - US Small Cap ETF logoDimensional - US Small Cap ETFDFAS
Market value
4.65M
Weight
0.03%
AUM
15.92B USD
Expense ratio
0.26%
Price / 1D
$83.02+0.73%
Vanguard U.S. Momentum Factor ETF logoVanguard U.S. Momentum Factor ETFVFMO
Market value
2.41M
Weight
0.12%
AUM
1.8B USD
Expense ratio
0.13%
Price / 1D
$232.52+0.68%
Invesco Oil & Gas Services ETF logoInvesco Oil & Gas Services ETFPXJ
Market value
1.47M
Weight
2.19%
AUM
—
Expense ratio
—
Price / 1D
$46.35-0.04%
Dimensional - US Small Cap Value ETF logoDimensional - US Small Cap Value ETFDFSV
Market value
1.08M
Weight
0.01%
AUM
8.42B USD
Expense ratio
0.30%
Price / 1D
$40.29+0.72%
Vanguard Russell 2000 Growth ETF logoVanguard Russell 2000 Growth ETFVTWG
Market value
801.62K
Weight
0.05%
AUM
1.7B USD
Expense ratio
0.06%
Price / 1D
$282.73+1.21%

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