BORR
Borr Drilling Ltd
NYSE: BORR · ENERGY · OIL & GAS DRILLING
$6.03
-1.71% today
Updated 2026-04-30
Market cap
$1.72B
P/E ratio
32.76
P/S ratio
1.68x
EPS (TTM)
$0.17
Dividend yield
—
52W range
$2 – $6
Volume
8.0M
Borr Drilling Ltd (BORR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0.00 | $100000.00 | $164.90M | $334.10M | $307.50M | $245.30M | $443.80M | $771.60M | $1.01B | $1.02B |
| Revenue growth (YoY) | — | — | +164800.0% | +102.6% | -8.0% | -20.2% | +80.9% | +73.9% | +31.0% | +1.0% |
| Cost of revenue | $0.00 | $47.90M | $103.70M | $121.60M | $117.90M | $119.60M | $116.50M | $117.40M | $131.20M | $648.60M |
| Gross profit | $0.00 | $-36.10M | $61.20M | $212.50M | $189.60M | $125.70M | $327.30M | $654.20M | $879.40M | $372.20M |
| Gross margin | — | -36100.0% | 37.1% | 63.6% | 61.7% | 51.2% | 73.7% | 84.8% | 87.0% | 36.5% |
| R&D | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $1.92M | $21.00M | $38.70M | $50.40M | $49.10M | $34.70M | $36.80M | $45.10M | $49.20M | $50.40M |
| Operating income | $-753000.00 | $-109.70M | $-131.40M | $-150.80M | $-188.00M | $-88.30M | $-101.90M | $250.40M | $374.20M | $321.80M |
| Operating margin | — | -109700.0% | -79.7% | -45.1% | -61.1% | -36.0% | -23.0% | 32.5% | 37.0% | 31.5% |
| EBITDA | $1.19M | $-66.30M | $-80.40M | $-116.10M | $-96.10M | $29.20M | $-32.50M | $331.90M | $473.00M | $469.80M |
| EBITDA margin | — | -66300.0% | -48.8% | -34.8% | -31.3% | 11.9% | -7.3% | 43.0% | 46.8% | 46.0% |
| EBIT | $-735000.00 | $-87.50M | $-159.90M | $-217.50M | $-214.00M | $-90.40M | $-149.00M | $214.50M | $341.80M | $321.80M |
| Interest expense | $0.00 | $500000.00 | $17.20M | $85.20M | $97.20M | $92.90M | $151.90M | $179.50M | $218.80M | $228.40M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-755000.00 | $-88.00M | $-190.50M | $-297.60M | $-317.60M | $-193.00M | $-292.80M | $22.10M | $82.10M | $45.00M |
| Net income growth (YoY) | — | -11555.6% | -116.5% | -56.2% | -6.7% | +39.2% | -51.7% | +107.5% | +271.5% | -45.2% |
| Profit margin | — | -88000.0% | -115.5% | -89.1% | -103.3% | -78.7% | -66.0% | 2.9% | 8.1% | 4.4% |