Borr Drilling (BORR) Financials

$1.62 -0.08 (-4.44%)

Closing price 03:59 PM Eastern

Extended Trading

$1.62 0.00 (0.00%)

As of 05:58 PM Eastern

Annual Income Statements for Borr Drilling

This table shows Borr Drilling's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Net Income / (Loss) Attributable to Common Shareholders	82	22	-293	-193	-318	-298	-191	-88
Consolidated Net Income / (Loss)	82	22	-293	-193	-318	-299	-191	-88
Net Income / (Loss) Continuing Operations	82	22	-293	-193	-318	-299	-191	-88
Total Pre-Tax Income	140	56	-274	-183	-301	-288	-188	-88
Total Operating Income	374	250	-102	-88	-188	-151	-131	-110
Total Gross Profit	1,011	772	444	245	308	334	165	0.10
Total Revenue	1,011	772	444	245	308	334	165	0.10
Operating Revenue	1,011	772	444	245	308	334	165	0.10
Total Cost of Revenue	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Operating Expenses	636	521	546	334	496	485	296	110
Selling, General & Admin Expense	49	45	37	215	49	50	219	57
Depreciation Expense	131	117	117	120	118	101	80	21
Other Operating Expenses / (Income)	456	359	265	-	270	308	-38	4.70
Impairment Charge	0.00	0.00	132	0.00	77	11	0.00	27
Other Special Charges / (Income)	-0.40	-0.60	-4.20	-1.20	-19	-6.40	-19	0.00
Total Other Income / (Expense), net	-234	-194	-173	-95	-113	-137	-57	22
Interest Expense	212	177	139	99	87	70	14	0.50
Interest & Investment Income	5.20	9.80	6.60	16	9.70	-7.50	1.20	3.20
Other Income / (Expense), net	-27	-27	-40	-12	-36	-59	-45	19
Income Tax Expense	58	34	18	9.70	16	11	2.50	0.00
Basic Earnings per Share	$0.33	$0.09	($1.64)	($1.43)	($4.22)	($5.54)	($1.85)	($1.70)
Weighted Average Basic Shares Outstanding	250.89M	244.27M	178.40M	134.73M	75.18M	53.74M	102.88M	51.73M
Diluted Earnings per Share	$0.32	$0.09	($1.64)	($1.43)	($4.22)	($5.54)	($1.85)	($1.70)
Weighted Average Diluted Shares Outstanding	254.46M	248.15M	178.40M	134.73M	75.18M	53.74M	102.88M	51.73M
Weighted Average Basic & Diluted Shares Outstanding	244.93M	252.58M	228.95M	136.81M	150.35M	107.48M	102.88M	51.73M

No quarterly income statements for Borr Drilling are available.

This table details how cash moves in and out of Borr Drilling's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Net Change in Cash & Equivalents	-40	-16	73	27	-109	37	-112	65
Net Cash From Operating Activities	77	-51	63	-59	-55	-89	-135	-185
Net Cash From Continuing Operating Activities	77	-51	63	-59	-55	-89	-135	-185
Net Income / (Loss) Continuing Operations	82	22	-293	-193	-318	-299	-191	-88
Consolidated Net Income / (Loss)	82	22	-293	-193	-318	-299	-191	-88
Depreciation Expense	131	117	117	120	118	101	80	21
Amortization Expense	-24	5.00	23	13	19	24	24	0.00
Non-Cash Adjustments To Reconcile Net Income	9.90	-23	147	-30	81	20	-53	-117
Changes in Operating Assets and Liabilities, net	-122	-173	69	31	45	65	5.20	-0.80
Net Cash From Investing Activities	-409	-104	-83	41	-120	-271	-560	-1,257
Net Cash From Continuing Investing Activities	-409	-104	-83	41	-120	-271	-560	-1,257
Purchase of Property, Plant & Equipment	-0.50	-1.50	-1.80	-0.10	0.00	-1.90	-7.80	-785
Acquisitions	-55	-111	-82	-19	-37	-127	-219	-444
Sale of Property, Plant & Equipment	0.00	0.00	0.70	2.70	38	7.10	42	0.00
Sale and/or Maturity of Investments	0.00	9.80	0.00	-	3.00	31	0.00	0.00
Other Investing Activities, net	-354	-1.30	0.00	0.00	-5.00	-143	-362	-
Net Cash From Financing Activities	292	139	93	45	65	397	584	1,506
Net Cash From Continuing Financing Activities	292	139	93	45	65	397	584	1,506
Repayment of Debt	-286	-1,801	-356	0.00	0.00	-390	130	0.00
Repurchase of Common Equity	-20	-0.80	0.00	0.00	-	-	-20	-8.40
Payment of Dividends	-76	0.00	0.00	-	-	-	-	-
Issuance of Debt	672	1,882	150	0.00	5.00	738	502	1,515
Issuance of Common Equity	0.00	58	298	45	60	-	-	-
Other Financing Activities, net	2.30	0.80	0.00	0.00	-	49	-29	0.00
Cash Interest Paid	187	217	84	57	40	69	8.60	0.00
Cash Income Taxes Paid	55	38	16	-0.80	8.60	1.30	3.20	0.00

No quarterly cash flow statements for Borr Drilling are available.

This table presents Borr Drilling's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Total Assets	3,420	3,080	3,002	3,080	3,171	3,280	2,914
Total Current Assets	517	410	350	176	141	278	209
Cash & Equivalents	62	103	108	35	19	59	28
Restricted Cash	0.90	0.10	2.50	3.30	0.00	69	63
Accounts Receivable	377	225	166	97	78	81	44
Prepaid Expenses	8.40	11	9.60	6.60	6.40	8.10	11
Other Current Assets	69	71	64	34	27	49	47
Plant, Property, & Equipment, net	2.80	3.50	3.90	3.70	5.60	7.30	9.50
Total Noncurrent Assets	2,900	2,667	2,648	2,900	3,025	2,995	2,696
Long-Term Investments	15	16	21	19	63	31	31
Other Noncurrent Operating Assets	2,886	2,651	2,627	2,881	2,962	2,963	2,665
Total Liabilities & Shareholders' Equity	3,420	3,080	3,002	3,080	3,171	3,280	2,914
Total Liabilities	2,426	2,096	2,104	2,190	2,134	1,986	1,380
Total Current Liabilities	410	360	746	118	96	250	119
Short-Term Debt	118	83	446	0.00	-	-	-
Accounts Payable	82	36	48	35	20	15	10
Accrued Expenses	68	77	81	46	52	62	64
Current Deferred Revenue	27	60	57	3.90	-	-	-
Other Current Liabilities	84	63	36	18	24	155	41
Other Current Nonoperating Liabilities	31	42	78	15	-	-	-
Total Noncurrent Liabilities	2,017	1,736	1,358	2,073	2,038	1,736	1,261
Long-Term Debt	1,993	1,619	1,191	1,916	1,906	1,710	1,175
Noncurrent Deferred Revenue	21	57	69	2.50	-	-	-
Other Noncurrent Operating Liabilities	3.20	60	99	154	132	26	86
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	993	984	898	890	1,037	1,294	1,534
Total Preferred & Common Equity	993	984	898	890	1,037	1,294	1,532
Total Common Equity	993	984	898	890	1,037	1,294	1,532
Common Stock	367	364	2,289	1,992	1,958	1,897	1,843
Retained Earnings	-1,277	-1,359	-1,381	-1,088	-895	-577	-279
Treasury Stock	-21	-8.90	-9.80	-14	-26	-26	-26
Other Equity Adjustments	1,924	1,988	0.00	-	-	-	-

No quarterly balance sheets for Borr Drilling are available.

This table displays calculated financial ratios and metrics derived from Borr Drilling's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	30.97%	73.86%	80.92%	-20.23%	-7.96%	102.61%	164,800.00%	0.00%
EBITDA Growth	31.19%	12,453.57%	-108.54%	137.61%	-2.83%	-17.45%	-3.88%	0.00%
EBIT Growth	55.17%	257.62%	-41.80%	55.30%	-6.52%	-19.39%	-93.94%	0.00%
NOPAT Growth	121.99%	238.29%	-15.40%	53.03%	-24.67%	-14.76%	-19.78%	0.00%
Net Income Growth	271.49%	107.55%	-51.71%	39.23%	-6.19%	-56.68%	-116.93%	0.00%
EPS Growth	255.56%	105.49%	-14.69%	66.11%	-6.19%	-56.68%	-8.82%	0.00%
Operating Cash Flow Growth	252.47%	-181.12%	206.11%	-7.48%	38.43%	34.17%	26.88%	0.00%
Free Cash Flow Firm Growth	-671.57%	-114.07%	488.91%	124.07%	59.59%	86.24%	0.00%	0.00%
Invested Capital Growth	17.16%	5.17%	-10.21%	-3.41%	0.60%	10.16%	0.00%	0.00%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
EBITDA Margin	44.90%	44.83%	-0.63%	13.37%	-28.36%	-25.38%	-43.78%	-69,500.00%
Operating Margin	37.03%	32.45%	-22.96%	-36.00%	-61.14%	-45.14%	-79.68%	-109,700.00%
EBIT Margin	34.32%	28.97%	-31.95%	-40.77%	-72.75%	-62.86%	-106.67%	-90,700.00%
Profit (Net Income) Margin	8.12%	2.86%	-65.98%	-78.68%	-103.28%	-89.52%	-115.77%	-88,000.00%
Tax Burden Percent	58.52%	39.39%	106.71%	105.29%	105.37%	103.89%	101.33%	100.00%
Interest Burden Percent	40.46%	25.10%	193.51%	183.30%	134.73%	137.10%	107.11%	97.02%
Effective Tax Rate	41.48%	60.61%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	7.73%	3.88%	-2.72%	-2.20%	-4.61%	-3.89%	-7.13%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.31%	-0.89%	-15.53%	-9.29%	-15.64%	-18.79%	-26.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	0.58%	-1.53%	-30.04%	-17.84%	-22.64%	-17.26%	-17.77%	0.00%
Return on Equity (ROE)	8.30%	2.35%	-32.76%	-20.03%	-27.25%	-21.16%	-24.90%	0.00%
Cash Return on Invested Capital (CROIC)	-8.08%	-1.17%	8.04%	1.27%	-5.21%	-13.56%	-207.13%	0.00%
Operating Return on Assets (OROA)	10.67%	7.35%	-4.66%	-3.20%	-6.94%	-6.78%	-6.04%	0.00%
Return on Assets (ROA)	2.53%	0.73%	-9.63%	-6.17%	-9.85%	-9.66%	-6.55%	0.00%
Return on Common Equity (ROCE)	8.30%	2.35%	-32.76%	-20.03%	-27.25%	-21.14%	-24.87%	0.00%
Return on Equity Simple (ROE_SIMPLE)	8.27%	2.25%	-32.61%	-21.69%	-30.63%	-23.12%	-12.46%	0.00%
Net Operating Profit after Tax (NOPAT)	219	99	-71	-62	-132	-106	-92	-77
NOPAT Margin	21.67%	12.78%	-16.07%	-25.20%	-42.80%	-31.60%	-55.78%	-76,790.00%
Net Nonoperating Expense Percent (NNEP)	7.42%	4.77%	12.81%	7.10%	11.02%	14.90%	18.88%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	7.05%	3.67%	-2.81%	-2.20%	-4.47%	-3.51%	-3.40%	-
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	4.87%	5.85%	8.29%	87.73%	15.97%	15.09%	132.69%	57,200.00%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	62.97%	67.55%	122.96%	136.00%	161.14%	145.14%	179.68%	109,800.00%
Earnings before Interest and Taxes (EBIT)	347	224	-142	-100	-224	-210	-176	-91
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	454	346	-2.80	33	-87	-85	-72	-70
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.98	1.61	0.71	0.24	0.08	0.06	0.37	0.00
Price to Tangible Book Value (P/TBV)	0.98	1.61	0.71	0.24	0.08	0.06	0.37	0.00
Price to Revenue (P/Rev)	0.97	2.06	1.44	0.87	0.28	0.25	3.40	499.00
Price to Earnings (P/E)	11.90	71.82	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	5.70%	0.00%	0.00%	0.00%	2.52%	0.00%	0.00%	0.00%
Earnings Yield	8.40%	1.39%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.98	1.21	0.87	0.75	0.67	0.57	0.62	0.00
Enterprise Value to Revenue (EV/Rev)	2.98	4.11	4.84	8.44	6.21	4.89	9.77	0.00
Enterprise Value to EBITDA (EV/EBITDA)	6.63	9.17	0.00	63.13	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	8.68	14.19	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	13.75	32.14	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	38.95	0.00	34.34	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	10.18	57.85	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	2.12	1.73	1.82	2.15	1.84	1.32	0.77	0.00
Long-Term Debt to Equity	2.01	1.65	1.33	2.15	1.84	1.32	0.77	0.00
Financial Leverage	1.87	1.71	1.93	1.92	1.45	0.92	0.68	0.00
Leverage Ratio	3.29	3.23	3.40	3.24	2.77	2.19	1.90	0.00
Compound Leverage Factor	1.33	0.81	6.58	5.95	3.73	3.00	2.04	0.00
Debt to Total Capital	68.00%	63.36%	64.58%	68.28%	64.77%	56.92%	43.37%	0.00%
Short-Term Debt to Total Capital	3.80%	3.09%	17.59%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	64.19%	60.27%	46.99%	68.28%	64.77%	56.92%	43.37%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.06%	0.00%
Common Equity to Total Capital	32.00%	36.64%	35.42%	31.72%	35.23%	43.07%	56.56%	0.00%
Debt to EBITDA	4.65	4.92	-584.64	58.41	-21.86	-20.16	-16.27	0.00
Net Debt to EBITDA	4.48	4.58	-537.82	56.66	-20.92	-18.28	-14.52	0.00
Long-Term Debt to EBITDA	4.39	4.68	-425.39	58.41	-21.86	-20.16	-16.27	0.00
Debt to NOPAT	9.64	17.25	-22.95	-31.00	-14.48	-16.20	-12.77	0.00
Net Debt to NOPAT	9.29	16.05	-21.11	-30.06	-13.86	-14.68	-11.39	0.00
Long-Term Debt to NOPAT	9.10	16.41	-16.70	-31.00	-14.48	-16.20	-12.77	0.00
Altman Z-Score	0.39	0.35	-0.63	-0.44	-0.49	-0.32	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.01%	0.07%	0.11%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	1.26	1.14	0.47	1.49	1.47	1.11	1.75	0.00
Quick Ratio	1.07	0.91	0.37	1.12	1.01	0.56	0.64	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-229	-30	211	36	-149	-368	-2,674	0.00
Operating Cash Flow to CapEx	15,460.00%	-3,380.00%	5,681.82%	0.00%	0.00%	0.00%	0.00%	-23.55%
Free Cash Flow to Firm to Interest Expense	-1.08	-0.17	1.51	0.36	-1.70	-5.23	-195.15	0.00
Operating Cash Flow to Interest Expense	0.37	-0.29	0.45	-0.59	-0.63	-1.26	-9.87	-369.80
Operating Cash Flow Less CapEx to Interest Expense	0.36	-0.29	0.44	-0.57	-0.20	-1.19	-7.40	-1,940.40
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.31	0.25	0.15	0.08	0.10	0.11	0.06	0.00
Accounts Receivable Turnover	3.36	3.95	3.37	2.80	3.88	5.37	3.75	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	320.83	208.54	116.79	52.75	47.67	39.77	17.36	0.00
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	108.71	92.46	108.27	130.50	94.13	68.01	97.39	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	108.71	92.46	108.27	130.50	94.13	68.01	97.39	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	3,058	2,610	2,481	2,764	2,861	2,844	2,582	0.00
Invested Capital Turnover	0.36	0.30	0.17	0.09	0.11	0.12	0.13	0.00
Increase / (Decrease) in Invested Capital	448	128	-282	-98	17	262	2,582	0.00
Enterprise Value (EV)	3,011	3,171	2,146	2,071	1,909	1,633	1,611	0.00
Market Capitalization	977	1,587	640	212	85	83	561	50
Book Value per Share	$3.93	$4.30	$6.56	$4.07	$9.36	$24.08	$14.89	$0.00
Tangible Book Value per Share	$3.93	$4.30	$6.56	$4.07	$9.36	$24.08	$14.89	$0.00
Total Capital	3,104	2,686	2,535	2,806	2,943	3,004	2,708	0.00
Total Debt	2,111	1,702	1,637	1,916	1,906	1,710	1,175	0.00
Total Long-Term Debt	1,993	1,619	1,191	1,916	1,906	1,710	1,175	0.00
Net Debt	2,034	1,583	1,506	1,858	1,824	1,550	1,048	0.00
Capital Expenditures (CapEx)	0.50	1.50	1.10	-2.60	-38	-5.20	-34	785
Debt-free, Cash-free Net Working Capital (DFCFNWC)	163	30	-60	20	26	-100	-6.20	0.00
Debt-free Net Working Capital (DFNWC)	225	132	50	58	45	28	89	0.00
Net Working Capital (NWC)	107	50	-396	58	45	28	89	0.00
Net Nonoperating Expense (NNE)	137	77	221	131	186	194	99	11
Net Nonoperating Obligations (NNO)	2,064	1,626	1,584	1,874	1,824	1,550	1,048	0.00
Total Depreciation and Amortization (D&A)	107	122	139	133	137	125	104	21
Debt-free, Cash-free Net Working Capital to Revenue	16.09%	3.86%	-13.59%	8.19%	8.33%	-30.02%	-3.76%	0.00%
Debt-free Net Working Capital to Revenue	22.27%	17.16%	11.31%	23.77%	14.57%	8.44%	54.15%	0.00%
Net Working Capital to Revenue	10.59%	6.42%	-89.16%	23.77%	14.57%	8.44%	54.15%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.33	$0.09	($1.64)	($1.43)	($4.22)	($5.56)	($3.70)	($3.40)
Adjusted Weighted Average Basic Shares Outstanding	250.89M	244.27M	178.40M	134.73M	109.43M	55.41M	51.44M	25.86M
Adjusted Diluted Earnings per Share	$0.32	$0.09	($1.64)	($1.43)	($4.22)	($5.56)	($3.70)	($3.40)
Adjusted Weighted Average Diluted Shares Outstanding	254.46M	248.15M	178.40M	134.73M	109.43M	55.41M	51.44M	25.86M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	244.93M	252.58M	228.95M	136.81M	75.18M	53.74M	51.44M	25.86M
Normalized Net Operating Profit after Tax (NOPAT)	219	175	18	-63	-91	-102	-84	-58
Normalized NOPAT Margin	21.64%	22.66%	4.04%	-25.54%	-29.57%	-30.55%	-50.73%	-58,100.00%
Pre Tax Income Margin	13.88%	7.27%	-61.83%	-74.72%	-98.02%	-86.17%	-114.25%	-88,000.00%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.64	1.26	-1.02	-1.01	-2.56	-2.98	-12.84	-181.40
NOPAT to Interest Expense	1.03	0.56	-0.51	-0.62	-1.51	-1.50	-6.71	-153.58
EBIT Less CapEx to Interest Expense	1.64	1.25	-1.03	-0.98	-2.13	-2.91	-10.37	-1,752.00
NOPAT Less CapEx to Interest Expense	1.03	0.55	-0.52	-0.60	-1.07	-1.43	-4.25	-1,724.18
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	92.94%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	117.17%	3.62%	0.00%	0.00%	0.00%	0.00%	-10.32%	-9.55%

No quarterly metrics and ratios for Borr Drilling are available.

Frequently Asked Questions About Borr Drilling's Financials

When does Borr Drilling's financial year end?

According to the most recent income statement we have on file, Borr Drilling's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Borr Drilling's net income changed over the last 7 years?

Borr Drilling's net income appears to be on a downward trend, with a most recent value of $82.10 million in 2024, falling from -$88 million in 2017. The previous period was $22.10 million in 2023. Check out Borr Drilling's forecast to explore projected trends and price targets.

What is Borr Drilling's operating income?

Borr Drilling's total operating income in 2024 was $374.20 million, based on the following breakdown:

Total Gross Profit: $1.01 billion
Total Operating Expenses: $636.40 million

How has Borr Drilling revenue changed over the last 7 years?

Over the last 7 years, Borr Drilling's total revenue changed from $100 thousand in 2017 to $1.01 billion in 2024, a change of 1,010,500.0%.

How much debt does Borr Drilling have?

Borr Drilling's total liabilities were at $2.43 billion at the end of 2024, a 15.8% increase from 2023, and a 75.8% increase since 2018.

How much cash does Borr Drilling have?

In the past 6 years, Borr Drilling's cash and equivalents has ranged from $19.20 million in 2020 to $108 million in 2022, and is currently $61.60 million as of their latest financial filing in 2024.

How has Borr Drilling's book value per share changed over the last 7 years?

Over the last 7 years, Borr Drilling's book value per share changed from 0.00 in 2017 to 3.93 in 2024, a change of 393.3%.

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This page (NYSE:BORR) was last updated on 5/21/2025 by MarketBeat.com Staff

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Borr Drilling (BORR) Financials

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Borr Drilling (BORR) Financials

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