YOLFTbeta
Borr Drilling Ltd

Borr Drilling Ltd

BORR · NYSE · Energy / Oil & Gas Drilling

3.42USD+0.02 (+0.59%)

Price History

Full chart

Market Stats

Previous Close3.40
Open3.45
Day Range3.32 – 3.46
52-Week Range2.44 – 6.66
Volume7.41M
Market Cap1.31B
P/E (TTM)0.00
Forward P/E28.17
EPS-0.79
Dividend Yield0.00%
Beta1.02
50-Day Avg4.27
200-Day Avg4.87

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.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Drilling
  • CEOMr. Bruno Morand
  • Employees2.03K
  • HeadquartersS. E. Pearman Building, Hamilton, Bermuda, HM11, USA
  • Websitehttps://borrdrilling.com

Leadership

  • Mr. Patrick Arnold Henk SchornExecutive Chairman of the Board · b. 1969
  • Mr. Bruno MorandChief Executive Officer · b. 1983
  • Mr. Magnus VaalerChief Financial Officer · b. 1983
  • Mr. Tor Olav TroimFounder & Director · b. 1963
  • Mr. Harvey SnowlingChief Operating Officer
  • Ms. Jehan MawjeeChief Accounting Officer · b. 1988
  • Andreas Lavik LieVice President of Treasury & IR
  • Mr. Charles LeeGeneral Counsel & Senior VP
  • Ms. Karla MotheSenior Vice President of HR
  • Ms. Nadia DurantSenior VP of Operations Finance & Tax

Financials

Income Statement

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue0100.00K164.90M334.10M307.50M245.30M443.80M771.60M1.01B1.02B
Growth (%)--+164800.00%+102.61%-7.96%-20.23%+80.92%+73.86%+30.97%+1.01%
Cost of Revenue047.90M103.70M121.60M117.90M119.60M116.50M117.40M131.20M648.60M
Gross Profit0-36.10M61.20M212.50M189.60M125.70M327.30M654.20M879.40M372.20M
Gross Margin--36100.00%37.11%63.60%61.66%51.24%73.75%84.78%87.02%36.46%
Operating Expense753.00K73.60M192.60M363.30M377.60M214.00M429.20M403.80M505.20M50.40M
Operating Income-753.00K-109.70M-131.40M-150.80M-188.00M-88.30M-101.90M250.40M374.20M321.80M
Operating Margin--109700.00%-79.68%-45.14%-61.14%-36.00%-22.96%32.45%37.03%31.52%
EBITDA1.19M-66.30M-80.40M-116.10M-96.10M29.20M-32.50M331.90M473.00M462.30M
EBITDA Margin--66300.00%-48.76%-34.75%-31.25%11.90%-7.32%43.01%46.80%45.29%
Net Income-755.00K-88.00M-190.50M-297.60M-317.60M-193.00M-292.80M22.10M82.10M45.00M
Net Income Margin--88000.00%-115.52%-89.08%-103.28%-78.68%-65.98%2.86%8.12%4.41%
R&D000-------
R&D as % of Total Revenue-0.00%0.00%-------
Interest Expense0500.00K17.20M85.20M97.20M92.90M151.90M179.50M218.80M228.40M
Interest Expense % of Total Revenue-500.00%10.43%25.50%31.61%37.87%34.23%23.26%21.65%22.37%

Balance Sheet

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets158.09M1.67B2.91B3.28B3.17B3.08B3.00B3.08B3.42B3.63B
Total Liabilities244.00K179.40M1.38B1.99B2.13B2.19B2.10B2.10B2.43B2.40B
Total Equity157.84M1.49B1.53B1.29B1.04B889.90M897.80M984.00M993.30M1.22B
Cash138.12M164.00M27.90M128.50M19.20M34.90M108.00M102.50M61.60M380.70M
Total Debt-87.00M1.25B1.71B1.91B1.92B1.60B1.70B2.11B2.15B
Net Debt-138.12M-77.00M1.15B1.58B1.89B1.88B1.49B1.60B2.05B1.77B

Cash Flow

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-79.03K-32.60M-135.20M-89.00M-54.70M-58.90M62.50M-50.70M77.30M251.90M
Investing Cash Flow-13.63M-1.45B-560.10M-271.10M-119.80M40.90M-82.60M-104.20M-409.40M-124.50M
Financing Cash Flow148.47M1.51B583.50M397.30M65.20M44.80M92.60M139.00M292.00M190.80M
Capital Expenditure2.93K1.06B393.60M271.60M42.40M18.90M83.30M114.00M409.40M124.50M
Free Cash Flow-81.96K-1.09B-528.80M-360.60M-97.10M-77.80M-20.80M-164.70M-332.10M127.40M
Dividends Paid00502.10M---02.48K76.30M4.70M
FCF to OCF103.70%3343.25%391.12%405.17%177.51%132.09%-33.28%324.85%-429.62%50.58%
Dividend Paid to FCF0.00%0.00%-94.95%---0.00%-0.00%-22.98%3.69%

Earnings

Report DateNov 16, 2016May 30, 2017Aug 31, 2017Nov 21, 2017Feb 21, 2018May 30, 2018Aug 22, 2018Nov 20, 2018Feb 28, 2019May 29, 2019Aug 29, 2019Nov 26, 2019Feb 27, 2020May 20, 2020Aug 28, 2020Nov 29, 2020Feb 25, 2021May 31, 2021Aug 31, 2021Nov 5, 2021Feb 16, 2022May 31, 2022Aug 11, 2022Nov 17, 2022Feb 16, 2023May 22, 2023Aug 17, 2023Nov 16, 2023Feb 21, 2024May 23, 2024Aug 14, 2024Nov 6, 2024Feb 19, 2025May 21, 2025Aug 13, 2025Nov 5, 2025Feb 18, 2026May 20, 2026Aug 11, 2026Nov 4, 2026
EPS Estimate0.00-0.06-0.51-0.45-0.15-0.39-0.22-0.43---0.65-0.37-0.41-0.62-0.66-0.63-0.59-0.47-0.39-0.29-0.23-0.28-0.18-0.23-0.040.080.090.070.100.180.160.090.10-0.080.100.08-0.03-0.04-0.11-0.10
EPS Actual0.00-0.02-0.35-0.15-0.66-0.35-0.07-0.36-1.04-0.43-2.04-1.44-1.26-1.24-0.98-0.78-0.10-0.46-0.44-0.24-0.20-0.35-0.14-0.30-0.09-0.030.000.300.110.060.110.040.09-0.070.140.10-0.00-0.09-0.22-
Surprise-66.67%31.37%66.67%-340.00%10.26%68.18%16.28%---213.85%-289.19%-207.32%-100.00%-48.48%-23.81%83.05%2.13%-12.82%17.24%13.04%-25.00%22.22%-30.43%-125.00%-137.50%-96.44%328.57%10.00%-66.67%-31.25%-55.56%-10.00%12.50%40.00%25.00%87.33%-125.00%-100.00%-
TimingPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap1.31B
Enterprise Value3.61B
Trailing P/E0.00
Forward P/E28.17
Price / Sales1.29
Price / Book1.40
EPS-0.79
Book Value3.12
Revenue (TTM)1.02B
Gross Profit (TTM)443.70M
EBITDA373.10M
Profit Margin-23.98%
Operating Margin0.09%
Return on Equity-24.68%
Return on Assets3.76%
Shares Outstanding308.51M
Shares Float232.55M
Beta1.02
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 5 analystsTarget 4.97
  • Strong Buy
    3
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
70.57%
Insiders
10.48%
Retail / Other
18.95%

Top Institutional Holders

  • BlackRock Inc
    16.63M5.39%
  • D. E. Shaw & Co LP
    7.25M2.35%
  • The Goldman Sachs Group Inc
    6.26M2.03%
  • State Street Corp
    4.64M1.50%
  • Dimensional Fund Advisors, Inc.
    4.08M1.32%
  • Nuveen, LLC
    3.98M1.29%
  • Morgan Stanley - Brokerage Accounts
    3.67M1.19%
  • Geode Capital Management, LLC
    3.53M1.14%
  • Capital Research & Mgmt Co - Division 3
    2.98M0.96%
  • HRT FINANCIAL LLC
    2.80M0.91%
  • Point72 Asset Management, L.P.
    2.70M0.87%
  • Bridgeway Capital Management, LLC
    2.25M0.73%
  • Goehring & Rozencwajg Associates LLC
    2.24M0.73%

Top Fund Holders

  • Cobas Selección C FI
    6.23M2.02%
  • iShares Russell 2000 ETF
    6.10M1.98%
  • Cobas Internacional C FI
    5.79M1.88%
  • AZ Fd1 AZ Equity Best Value A - EUR Acc
    4.21M1.36%
  • Azvalor Global Value PP
    3.57M1.16%
  • American Funds New World A
    2.69M0.87%
  • Fidelity Small Cap Index
    2.59M0.84%

Dividends

20251×
0.02Mar 3, 2025
20245×
0.02Nov 29, 20240.10Aug 22, 20240.10Jun 3, 20240.05Mar 1, 20240.05Jan 2, 2024

Stock Splits

  • Dec 14, 20211:2