Symbols / BORR $5.46 -0.55% Borr Drilling Limited

Energy • Oil & Gas Drilling • Bermuda • NYQ
BORR Chart
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About

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.

Fundamentals
Scroll to Statements
Market Cap 1.68B Enterprise Value 3.46B Income 45.00M Sales 1.02B Book/sh 3.98 Cash/sh 1.23
Dividend Yield 3.92% Payout 11.76% Employees 2030 IPO — P/E 32.12 Forward P/E 13.32
PEG — P/S 1.65 P/B 1.37 P/C — EV/EBITDA 7.37 EV/Sales 3.39
Quick Ratio 2.07 Current Ratio 2.19 Debt/Eq 175.94 LT Debt/Eq — EPS (ttm) 0.17 EPS next Y 0.41
EPS Growth — Revenue Growth -1.40% Earnings 2026-05-20 ROA 5.71% ROE 4.06% ROIC —
Gross Margin 52.37% Oper. Margin 25.94% Profit Margin 4.41% Shs Outstand 308.20M Shs Float 233.15M Short Float 7.29%
Short Ratio 2.03 Short Interest — 52W High 6.25 52W Low 1.55 Beta 1.09 Avg Volume 7.94M
Volume 9.40M Target Price $6.14 Recom Buy Prev Close $5.49 Price $5.46 Change -0.55%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$6.14
Mean price target
2. Current target
$5.46
Latest analyst target
3. DCF / Fair value
$9.27
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$5.46
Low
$5.00
High
$6.80
Mean
$6.14

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-25 main Citigroup Neutral → Neutral $6
2026-02-12 main Citigroup Neutral → Neutral $6
2026-01-12 main Citigroup Neutral → Neutral $5
2025-11-14 main Citigroup Neutral → Neutral $4
2025-09-12 init Citigroup — → Neutral $3
2025-07-14 down BTIG Buy → Neutral —
2024-02-23 main Evercore ISI Group In-Line → In-Line $9
2023-02-14 main Evercore ISI Group — → In-Line $10
2023-01-06 up BTIG Neutral → Buy —
News
RSS: Latest BORR news
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
1,020.80
+1.01%
1,010.60
+30.97%
771.60
+73.86%
443.80
Operating Revenue
1,020.80
+1.01%
1,010.60
+30.97%
771.60
+73.86%
443.80
Cost Of Revenue
148.00
+12.80%
131.20
+11.75%
117.40
+0.77%
116.50
Reconciled Cost Of Revenue
148.00
+12.80%
131.20
+11.75%
117.40
+0.77%
116.50
Gross Profit
872.80
-0.75%
879.40
+34.42%
654.20
+99.88%
327.30
Operating Expense
551.00
+8.98%
505.60
+25.02%
404.40
+34.04%
301.70
Selling General And Administration
50.40
+2.44%
49.20
+9.09%
45.10
+22.55%
36.80
General And Administrative Expense
50.40
+2.44%
49.20
+9.09%
45.10
+22.55%
36.80
Other Gand A
50.40
+2.44%
49.20
+9.09%
45.10
+22.55%
36.80
Total Expenses
699.00
+9.77%
636.80
+22.04%
521.80
+24.77%
418.20
Operating Income
321.80
-13.91%
373.80
+49.64%
249.80
+875.78%
25.60
Total Operating Income As Reported
322.10
-13.92%
374.20
+49.44%
250.40
+345.73%
-101.90
EBITDA
451.60
-4.52%
473.00
+42.51%
331.90
+1121.23%
-32.50
Normalized EBITDA
451.80
-5.14%
476.30
+39.03%
342.60
+236.54%
101.80
Reconciled Depreciation
148.00
+12.80%
131.20
+11.75%
117.40
+0.77%
116.50
EBIT
303.60
-11.18%
341.80
+59.35%
214.50
+243.96%
-149.00
Total Unusual Items
-0.20
+93.94%
-3.30
+69.16%
-10.70
+92.03%
-134.30
Total Unusual Items Excluding Goodwill
-0.20
+93.94%
-3.30
+69.16%
-10.70
+92.03%
-134.30
Special Income Charges
0.30
-25.00%
0.40
+105.06%
-7.90
+94.08%
-133.40
Other Special Charges
—
—
8.50
+44.07%
5.90
Impairment Of Capital Assets
—
0.00
0.00
-100.00%
131.70
Net Income
45.00
-45.19%
82.10
+271.49%
22.10
+107.55%
-292.80
Pretax Income
85.90
-38.77%
140.30
+150.09%
56.10
+120.44%
-274.40
Net Non Operating Interest Income Expense
-233.00
-1.75%
-229.00
-21.87%
-187.90
-11.25%
-168.90
Interest Expense Non Operating
217.70
+8.04%
201.50
+27.21%
158.40
+26.32%
125.40
Net Interest Income
-233.00
-1.75%
-229.00
-21.87%
-187.90
-11.25%
-168.90
Interest Expense
217.70
+8.04%
201.50
+27.21%
158.40
+26.32%
125.40
Interest Income Non Operating
6.40
-16.88%
7.70
+57.14%
4.90
-9.26%
5.40
Interest Income
6.40
-16.88%
7.70
+57.14%
4.90
-9.26%
5.40
Other Income Expense
-2.90
+35.56%
-4.50
+22.41%
-5.80
+95.58%
-131.10
Other Non Operating Income Expenses
—
—
—
2.00
Gain On Sale Of Security
-0.50
+86.49%
-3.70
-32.14%
-2.80
-211.11%
-0.90
Tax Provision
40.90
-29.73%
58.20
+71.18%
34.00
+84.78%
18.40
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-0.04
+93.94%
-0.73
+69.16%
-2.35
+92.03%
-29.55
Net Income Including Noncontrolling Interests
45.00
-45.19%
82.10
+271.49%
22.10
+107.55%
-292.80
Net Income From Continuing Operation Net Minority Interest
45.00
-45.19%
82.10
+271.49%
22.10
+107.55%
-292.80
Net Income From Continuing And Discontinued Operation
45.00
-45.19%
82.10
+271.49%
22.10
+107.55%
-292.80
Net Income Continuous Operations
45.00
-45.19%
82.10
+271.49%
22.10
+107.55%
-292.80
Minority Interests
—
—
—
—
Normalized Income
45.16
-46.67%
84.67
+178.11%
30.45
+116.19%
-188.05
Net Income Common Stockholders
45.00
-45.19%
82.10
+271.49%
22.10
+107.55%
-292.80
Diluted EPS
0.17
-46.88%
0.32
+255.56%
0.09
+105.49%
-1.64
Basic EPS
0.17
-48.48%
0.33
+266.67%
0.09
+105.49%
-1.64
Basic Average Shares
262.34
+4.56%
250.89
+2.71%
244.27
+36.92%
178.40
Diluted Average Shares
264.55
+3.96%
254.46
+2.54%
248.15
+39.09%
178.40
Diluted NI Availto Com Stockholders
45.00
-45.19%
82.10
+271.49%
22.10
+107.55%
-292.80
Earnings From Equity Interest
-2.70
-125.00%
-1.20
-124.49%
4.90
+308.33%
1.20
Gain On Sale Of PPE
0.30
-25.00%
0.40
-33.33%
0.60
-85.71%
4.20
Total Other Finance Cost
21.70
-38.35%
35.20
+2.33%
34.40
-29.65%
48.90
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
3,625.60
+6.02%
3,419.60
+11.02%
3,080.10
+2.61%
3,001.70
Current Assets
768.40
+48.74%
516.60
+26.03%
409.90
+17.15%
349.90
Cash Cash Equivalents And Short Term Investments
379.70
+516.40%
61.60
-39.90%
102.50
-5.09%
108.00
Cash And Cash Equivalents
379.70
+516.40%
61.60
-39.90%
102.50
-5.09%
108.00
Receivables
347.20
-13.65%
402.10
+57.13%
255.90
+34.05%
190.90
Accounts Receivable
191.80
+4.07%
184.30
+227.94%
56.20
+30.70%
43.00
Gross Accounts Receivable
—
—
56.20
+29.79%
43.30
Allowance For Doubtful Accounts Receivable
—
—
0.00
+100.00%
-0.30
Other Receivables
140.30
+22.85%
114.20
+36.77%
83.50
+25.38%
66.60
Taxes Receivable
12.80
-30.81%
18.50
-12.74%
21.20
+35.03%
15.70
Prepaid Assets
8.30
-1.19%
8.40
-23.64%
11.00
+14.58%
9.60
Current Deferred Assets
30.10
-26.76%
41.10
+3.01%
39.90
+3.91%
38.40
Restricted Cash
1.00
+11.11%
0.90
+800.00%
0.10
-96.00%
2.50
Assets Held For Sale Current
—
—
—
—
Other Current Assets
2.10
-16.00%
2.50
+400.00%
0.50
+0.00%
0.50
Total Non Current Assets
2,857.20
-1.58%
2,903.00
+8.72%
2,670.20
+0.69%
2,651.80
Net PPE
2,780.70
-1.60%
2,826.00
+9.18%
2,588.30
-0.38%
2,598.20
Gross PPE
3,665.10
+2.88%
3,562.40
+11.55%
3,193.50
+3.66%
3,080.80
Accumulated Depreciation
-884.40
-20.10%
-736.40
-21.68%
-605.20
-25.40%
-482.60
Buildings And Improvements
—
0.80
-87.69%
6.50
+85.71%
3.50
Construction In Progress
36.00
0.00
—
—
Other Properties
11.30
+2.73%
11.00
+3.77%
10.60
+89.29%
5.60
Investments And Advances
11.80
-18.62%
14.50
-7.64%
15.70
-23.79%
20.60
Long Term Equity Investment
11.80
-18.62%
14.50
-7.64%
15.70
-23.79%
20.60
Non Current Accounts Receivable
—
—
—
0.40
Non Current Deferred Assets
63.70
+4.77%
60.80
-6.61%
65.10
+194.57%
22.10
Non Current Deferred Taxes Assets
22.30
+19.89%
18.60
-3.63%
19.30
+451.43%
3.50
Non Current Prepaid Assets
—
0.90
+200.00%
0.30
+50.00%
0.20
Other Non Current Assets
1.00
-41.18%
1.70
+112.50%
0.80
-92.23%
10.30
Total Liabilities Net Minority Interest
2,403.00
-0.96%
2,426.30
+15.75%
2,096.10
-0.37%
2,103.90
Current Liabilities
350.70
-14.38%
409.60
+13.65%
360.40
-51.66%
745.60
Payables And Accrued Expenses
175.60
-27.94%
243.70
+15.28%
211.40
-12.10%
240.50
Payables
64.10
-55.39%
143.70
+57.39%
91.30
+11.61%
81.80
Accounts Payable
33.80
-58.58%
81.60
+129.86%
35.50
-25.58%
47.70
Dividends Payable
—
0.00
-100.00%
11.90
0.00
Current Accrued Expenses
111.50
+11.50%
100.00
-16.74%
120.10
-24.32%
158.70
Total Tax Payable
30.30
-51.21%
62.10
+41.46%
43.90
+28.74%
34.10
Income Tax Payable
8.50
-40.56%
14.30
+113.43%
6.70
0.00
Current Debt And Capital Lease Obligation
129.30
+9.48%
118.10
+41.61%
83.40
-81.32%
446.40
Current Debt
129.30
+9.48%
118.10
+42.46%
82.90
-79.54%
405.10
Other Current Borrowings
129.30
+9.48%
118.10
+42.46%
82.90
-79.54%
405.10
Current Capital Lease Obligation
—
0.40
-20.00%
0.50
+0.00%
0.50
Current Deferred Liabilities
43.70
+1.63%
43.00
-27.73%
59.50
+3.84%
57.30
Current Deferred Revenue
43.70
+1.63%
43.00
-27.73%
59.50
+3.84%
57.30
Other Current Liabilities
2.10
-56.25%
4.80
-21.31%
6.10
+335.71%
1.40
Total Non Current Liabilities Net Minority Interest
2,052.30
+1.77%
2,016.70
+16.19%
1,735.70
+27.78%
1,358.30
Long Term Debt And Capital Lease Obligation
2,021.00
+1.43%
1,992.50
+23.09%
1,618.80
+35.91%
1,191.10
Long Term Debt
2,021.00
+1.43%
1,992.50
+23.09%
1,618.80
+35.91%
1,191.10
Non Current Deferred Liabilities
29.50
+40.48%
21.00
-62.90%
56.60
-17.61%
68.70
Non Current Deferred Revenue
29.50
+40.48%
21.00
-62.90%
56.60
-17.61%
68.70
Other Non Current Liabilities
1.80
-43.75%
3.20
-94.69%
60.30
-12.35%
68.80
Stockholders Equity
1,222.60
+23.08%
993.30
+0.95%
984.00
+9.60%
897.80
Common Stock Equity
1,222.60
+23.08%
993.30
+0.95%
984.00
+9.60%
897.80
Capital Stock
31.60
+19.25%
26.50
+0.00%
26.50
+15.22%
23.00
Common Stock
31.60
+19.25%
26.50
+0.00%
26.50
+15.22%
23.00
Share Issued
315.40
+19.43%
264.08
+0.00%
264.08
+15.19%
229.26
Ordinary Shares Number
307.22
+25.43%
244.93
-3.03%
252.58
+10.32%
228.95
Treasury Shares Number
8.18
-57.27%
19.15
+66.58%
11.50
+3544.36%
0.32
Additional Paid In Capital
2,440.90
+7.79%
2,264.50
-2.61%
2,325.30
+2.64%
2,265.60
Retained Earnings
-1,231.80
+3.52%
-1,276.80
+6.04%
-1,358.90
+1.60%
-1,381.00
Treasury Stock
18.10
-13.40%
20.90
+134.83%
8.90
-9.18%
9.80
Total Equity Gross Minority Interest
1,222.60
+23.08%
993.30
+0.95%
984.00
+9.60%
897.80
Total Capitalization
3,243.60
+8.63%
2,985.80
+14.71%
2,602.80
+24.60%
2,088.90
Working Capital
417.70
+290.37%
107.00
+116.16%
49.50
+112.51%
-395.70
Invested Capital
3,372.90
+8.67%
3,103.90
+15.57%
2,685.70
+7.69%
2,494.00
Total Debt
2,150.30
+1.88%
2,110.60
+23.99%
1,702.20
+3.95%
1,637.50
Net Debt
1,770.60
-13.59%
2,049.00
+28.13%
1,599.20
+7.46%
1,488.20
Capital Lease Obligations
—
0.40
-20.00%
0.50
+0.00%
0.50
Net Tangible Assets
1,222.60
+23.08%
993.30
+0.95%
984.00
+9.60%
897.80
Tangible Book Value
1,222.60
+23.08%
993.30
+0.95%
984.00
+9.60%
897.80
Duefrom Related Parties Current
2.30
-97.30%
85.10
-10.42%
95.00
+44.82%
65.60
Interest Payable
31.20
+1.96%
30.60
-27.66%
42.30
-45.56%
77.70
Non Current Accrued Expenses
—
—
0.00
-100.00%
29.70
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
251.90
+225.87%
77.30
+252.47%
-50.70
-181.12%
62.50
Cash Flow From Continuing Operating Activities
251.90
+225.87%
77.30
+252.47%
-50.70
-181.12%
62.50
Net Income From Continuing Operations
45.00
-45.19%
82.10
+271.49%
22.10
+107.55%
-292.80
Depreciation Amortization Depletion
148.00
+12.80%
131.20
+11.75%
117.40
+0.77%
116.50
Depreciation
148.00
+12.80%
131.20
+11.75%
117.40
+0.77%
116.50
Depreciation And Amortization
148.00
+12.80%
131.20
+11.75%
117.40
+0.77%
116.50
Other Non Cash Items
21.20
+187.60%
-24.20
-37.50%
-17.60
-142.93%
41.00
Stock Based Compensation
11.30
+24.18%
9.10
+62.50%
5.60
+115.38%
2.60
Asset Impairment Charge
—
0.00
0.00
-100.00%
131.70
Deferred Tax
-3.20
-557.14%
0.70
+104.24%
-16.50
-685.71%
-2.10
Deferred Income Tax
-3.20
-557.14%
0.70
+104.24%
-16.50
-685.71%
-2.10
Operating Gains Losses
2.70
+125.00%
1.20
+124.49%
-4.90
+9.26%
-5.40
Unrealized Gain Loss On Investment Securities
—
—
—
0.00
Gain Loss On Sale Of PPE
—
-0.40
+33.33%
-0.60
+85.71%
-4.20
Change In Working Capital
26.90
+121.91%
-122.80
+21.68%
-156.80
-320.85%
71.00
Change In Receivables
79.40
+1885.00%
4.00
+113.61%
-29.40
-72.94%
-17.00
Change In Payables And Accrued Expense
-16.60
-152.20%
31.80
+141.73%
-76.20
-241.11%
54.00
Change In Accrued Expense
5.80
+207.41%
-5.40
+91.83%
-66.10
-222.41%
54.00
Change In Payable
-22.40
-160.22%
37.20
+468.32%
-10.10
—
Change In Account Payable
-22.40
-160.22%
37.20
+468.32%
-10.10
—
Change In Other Working Capital
—
4.00
+113.61%
-29.40
-72.94%
-17.00
Change In Other Current Assets
-61.50
+71.81%
-218.20
-102.60%
-107.70
+22.63%
-139.20
Change In Other Current Liabilities
25.60
-57.05%
59.60
+5.49%
56.50
-67.38%
173.20
Investing Cash Flow
-124.50
+69.59%
-409.40
-292.90%
-104.20
-26.15%
-82.60
Cash Flow From Continuing Investing Activities
-124.50
+69.59%
-409.40
-292.90%
-104.20
-26.15%
-82.60
Net PPE Purchase And Sale
-124.50
+69.59%
-409.40
-259.12%
-114.00
-38.01%
-82.60
Purchase Of PPE
-124.50
+69.59%
-409.40
-259.12%
-114.00
-36.85%
-83.30
Sale Of PPE
—
0.00
0.00
-100.00%
0.70
Capital Expenditure
-124.50
+69.59%
-409.40
-259.12%
-114.00
-36.85%
-83.30
Net Investment Purchase And Sale
—
—
—
0.00
Purchase Of Investment
—
—
—
0.00
Sale Of Investment
—
—
—
0.00
Net Business Purchase And Sale
—
—
0.00
0.00
Net Other Investing Changes
—
—
9.80
—
Financing Cash Flow
190.80
-34.66%
292.00
+110.07%
139.00
+50.11%
92.60
Cash Flow From Continuing Financing Activities
190.80
-34.66%
292.00
+110.07%
139.00
+50.11%
92.60
Net Issuance Payments Of Debt
17.80
-95.39%
385.90
+377.01%
80.90
+139.37%
-205.50
Issuance Of Debt
159.30
-76.29%
672.00
-64.28%
1,881.50
+1154.33%
150.00
Repayment Of Debt
-141.50
+50.54%
-286.10
+84.11%
-1,800.60
-406.50%
-355.50
Long Term Debt Issuance
159.30
-76.29%
672.00
-64.28%
1,881.50
+1154.33%
150.00
Long Term Debt Payments
-141.50
+50.54%
-286.10
+84.11%
-1,800.60
-406.50%
-355.50
Net Long Term Debt Issuance
17.80
-95.39%
385.90
+377.01%
80.90
+139.37%
-205.50
Net Common Stock Issuance
177.00
+989.45%
-19.90
-134.73%
57.30
-80.78%
298.10
Common Stock Payments
-0.20
+98.99%
-19.90
-2387.50%
-0.80
0.00
Common Stock Dividend Paid
-4.70
+93.84%
-76.30
0.00
0.00
Cash Dividends Paid
-4.70
+93.84%
-76.30
0.00
0.00
Repurchase Of Capital Stock
-0.20
+98.99%
-19.90
-2387.50%
-0.80
0.00
Proceeds From Stock Option Exercised
0.70
-69.57%
2.30
+187.50%
0.80
0.00
Changes In Cash
318.20
+893.52%
-40.10
-152.20%
-15.90
-121.93%
72.50
Beginning Cash Position
62.50
-39.08%
102.60
-13.42%
118.50
+157.61%
46.00
End Cash Position
380.70
+509.12%
62.50
-39.08%
102.60
-13.42%
118.50
Free Cash Flow
127.40
+138.36%
-332.10
-101.64%
-164.70
-691.83%
-20.80
Interest Paid Supplemental Data
205.10
+9.74%
186.90
-14.03%
217.40
+159.12%
83.90
Income Tax Paid Supplemental Data
59.70
+8.15%
55.20
+44.50%
38.20
+135.80%
16.20
Change In Interest Payable
5.80
+207.41%
-5.40
+91.83%
-66.10
-84.64%
-35.80
Common Stock Issuance
177.20
0.00
-100.00%
58.10
-80.51%
298.10
Dividends Received CFI
—
—
—
0.00
Earnings Losses From Equity Investments
2.70
+125.00%
1.20
+124.49%
-4.90
-308.33%
-1.20
Issuance Of Capital Stock
177.20
0.00
-100.00%
58.10
-80.51%
298.10
Sale Of Business
—
—
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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