BORR - NYSE

Borr Drilling Limited

BORR·NYSE

$5.07

-5.3%

EnergyOil & Gas Drilling

Borr Drilling Limited operates as an offshore drilling contractor to the oil and gas industry worldwide. It owns, contracts, and operates jack-up rigs for operations in shallow-water areas, including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production. The company serves oil and gas exploration and production companies, such as integrated oil companies, state-owned national oil companies, and independent oil and gas companies. As of December 31, 2021, it operated a fleet of 23 jack-up drilling rigs. 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.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.33B

EPS0.1700

P/E Ratio29.79

Earnings Date08/12/2026

3.63B

Assets

3Y+21.0%

5Y+14.0%

10Y+2193.0%

2.40B

Total Liabilities

-1%

3Y+14.0%

5Y+13.0%

10Y+984736.0%

1.22B

Total Equity

23%

3Y+36.0%

5Y+18.0%

10Y+675.0%

Borr Drilling Limited Funding & Solvency Profile

BORR · NYSE

Current Assets

Cash & Cash Equivalents380.70M

Net Receivables327.00M

Inventory0.00

Other Current Assets23.10M

Total Current Assets739 M

Non-Current Assets

Property, Plant & Equipment2.74B

Goodwill & Intangible Assets0.00

Long-Term Investments11.80M

Other Non-Current Assets130.00M

Total Non-Current Assets3 B

Total Assets

3.63B

Financial Health Analysis

Current Ratio

2.11x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

1.97x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

388 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

20% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Mixed signals: Strong short-term liquidity provides comfort, but high overall leverage requires careful monitoring of debt servicing capabilities and refinancing risk.

Borr Drilling Limited Balance Sheet

BORR • NYSE

Borr Drilling Limited Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	380.7M	61.6M	102.5M	108M	34.9M	19.2M	128.5M	27.9M	164M	138.1M
Short-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	4.2M	4.4M	0.0
Cash & Short-Term Investments	380.7M	61.6M	102.5M	108M	34.9M	19.2M	128.5M	32.1M	168.4M	138.1M
Net Receivables	327M	404.2M	255.9M	190.9M	113.1M	99M	110.5M	93.1M	5.1M	0.0
Accounts Receivables	324.7M	184.3M	56.2M	43M	28.5M	43.2M	40.2M	25.1M	0.0	0.0
Other Receivables	2.3M	219.9M	199.7M	147.9M	84.6M	55.8M	70.3M	42.7M	4.1M	0.0
Inventory	0.0	0.0	0.0	0.0	0.0	0.0	0.0	83.4M	0.0	0.0
Prepaids	8.3M	8.4M	11M	9.6M	6.6M	6.4M	8.1M	10.8M	2.6M	0.0
Other Current Assets	23.1M	42.4M	40.5M	41.4M	21.6M	9M	9.1M	116.6M	49.4M	0.0
Total Current Assets	739.1M	516.6M	409.9M	349.9M	176.2M	133.6M	256.2M	208.6M	225.5M	138.1M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	2.7B	2.8B	2.6B	2.6B	2.9B	3B	3B	2.6B	1.4B	3K
Long-Term Investments	11.8M	14.5M	15.7M	20.6M	19.4M	62.7M	33.7M	31M	20.7M	0.0
Tax Assets	0.0	18.6M	19.3M	3.5M	700K	200K	1.3M	2.6M	0.0	0.0
Other Non-Current Assets	130M	43.1M	46.9M	29.5M	12.7M	7.6M	34.6M	22.1M	0.0	20M
Total Non-Current Assets	2.9B	2.9B	2.7B	2.7B	2.9B	3B	3B	2.7B	1.4B	20M
Total Assets	3.6B	3.4B	3.1B	3B	3.1B	3.2B	3.3B	2.9B	1.7B	158.1M
LIABILITIES
CURRENT LIABILITIES
Total Payables	33.8M	143.7M	91.3M	81.8M	50.3M	30.3M	31.9M	13.8M	9.6M	40K
Accounts Payable	33.8M	81.6M	35.5M	47.7M	34.7M	20.4M	14.1M	9.6M	9.6M	0.0
Other Payables	0.0	62.1M	55.8M	34.1M	15.6M	9.9M	17.8M	4.2M	0.0	40K
Accrued Expenses	0.0	100M	120.1M	158.7M	61.6M	2.1M	6.2M	3.1M	11.5M	200K
Short Term Debt	129.3M	118.1M	82.9M	405.1M	0.0	3.1M	3.4M	0.0	0.0	0.0
Capital Lease Obligations (Current)	0.0	400K	500K	500K	700K	0.0	0.0	0.0	0.0	0.0
Tax Payables	0.0	62.1M	43.9M	34.1M	15.6M	9.9M	17.8M	4.2M	0.0	0.0
Deferred Revenue	24.2M	43M	59.5M	57.3M	3.9M	2.6M	5.6M	3.2M	0.0	0.0
Other Current Liabilities	163.4M	4.4M	6.1M	42.2M	1.4M	57.9M	202.6M	102.4M	0.0	4K
Total Current Liabilities	350.7M	409.6M	360.4M	745.6M	117.9M	96M	249.7M	119.3M	21.1M	244K
NON-CURRENT LIABILITIES
Long Term Debt	2B	2B	1.6B	1.2B	1.9B	1.9B	1.7B	1.2B	87M	0.0
Deferred Revenue (Non-Current)	29.5M	21M	56.6M	68.7M	2.5M	0.0	0.0	78.3M	71.3M	0.0
Deferred Tax Liabilities (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-71.3M	0.0
Other Non-Current Liabilities	1.8M	3.2M	60.3M	98.5M	154.1M	132.1M	26.4M	86.3M	71.3M	100K
Total Non-Current Liabilities	2.1B	2B	1.7B	1.4B	2.1B	2B	1.7B	1.3B	158.3M	40K
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-40K
Capital Lease Obligations	0.0	400K	500K	500K	700K	2.9M	6.5M	0.0	0.0	0.0
Total Liabilities	2.4B	2.4B	2.1B	2.1B	2.2B	2.1B	2B	1.4B	179.4M	244K
SHAREHOLDERS' EQUITY
Treasury Stock	-18.1M	-20.9M	-8.9M	-9.8M	-13.7M	-26.2M	-26.2M	-26.2M	-6.7M	0.0
Common Stock	31.6M	26.5M	26.5M	23M	13.8M	11M	5.6M	5.3M	4.8M	775K
Additional Paid-In Capital	2.4B	2.3B	2.3B	2.3B	2B	1.9B	1.9B	1.8B	1.6B	157.8M
Retained Earnings	-1.2B	-1.3B	-1.4B	-1.4B	-1.1B	-895.2M	-576.7M	-279.2M	-88.8M	-755K
Accumulated Other Comprehensive Income/Loss	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-5.6M	-6.2M	0.0
Total Stockholders' Equity	1.2B	993.3M	984M	897.8M	889.9M	1B	1.3B	1.5B	1.5B	157.8M
Total Equity	1.2B	993.3M	984M	897.8M	889.9M	1B	1.3B	1.5B	1.5B	157.8M
Minority Interest	0.0	0.0	0.0	0.0	0.0	0.0	200K	1.7M	2M	0.0
SUMMARY
Total Liabilities & Equity	3.6B	3.4B	3.1B	3B	3.1B	3.2B	3.3B	2.9B	1.7B	158.1M
Total Investments	11.8M	14.5M	15.7M	20.6M	19.4M	62.7M	33.7M	35.2M	25.1M	0.0
Total Debt	2.2B	2.1B	1.7B	1.6B	1.9B	1.9B	1.7B	1.2B	87M	0.0
Net Debt	1.8B	2B	1.6B	1.5B	1.9B	1.9B	1.6B	1.1B	-77M	-138.1M
Shares Outstanding	262,349,010	262,349,010	262,349,010	262,349,010	262,349,010	262,349,010	262,349,010	262,349,010	262,349,010	262,349,010

SEC Filings

BORR - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
6-K 6-K 2026 Q2 Q2	May 28, 2026	May 27, 2026	2026	View Filing
6-K 6-K 2026 Q2 Q2	May 28, 2026	May 27, 2026	2026	View Filing
6-K 6-K 2026 Q2 Q2	May 26, 2026	May 26, 2026	2026	View Filing
6-K 6-K 2026 Q2 Q2	May 26, 2026	May 26, 2026	2026	View Filing
6-K 6-K 2026 Q2 Q2	May 26, 2026	May 26, 2026	2026	View Filing
6-K 6-K 2026 Q1 Q1	May 21, 2026	March 31, 2026	2026	View Filing
6-K 6-K 2026 Q2 Q2	May 21, 2026	May 21, 2026	2026	View Filing
6-K 6-K 2026 Q2 Q2	May 21, 2026	May 20, 2026	2026	View Filing
6-K 6-K 2026 Q2 Q2	May 21, 2026	May 20, 2026	2026	View Filing
6-K 6-K 2026 Q2 Q2	May 20, 2026	May 20, 2026	2026	View Filing

Showing 1 to 10 of 280 filings

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