Borr Drilling BORR
NYSE BORR
$4.33 +0.03 (+0.70%)
As of: Sep 10, 2026 · 3:29 PM EDT

Borr Drilling (BORR) Asset Utilization Ratio (2019 - 2026)

Borr Drilling's (BORR) quarterly Asset Utilization Ratio came in at 0.27 in Q2 2026, down 7.5% year-over-year from 0.29 in Q2 2025, and down 4.28% quarter-over-quarter from 0.28 in Q1 2026.

Analysis

Borr Drilling (BORR) Asset Utilization Ratio (2019 - 2026) Analysis & Trends

Borr Drilling (BORR) has reported Asset Utilization Ratio for 8 consecutive years, with 0.27 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio fell 7.5% year-over-year to 0.27 in Q2 2026; TTM through Jun 2026 was 0.27, a 7.5% decrease from a year earlier, with the FY2025 full-year figure at 0.29, down 6.81% from the prior year.
  • Asset Utilization Ratio was 0.27 for Q2 2026 at Borr Drilling, down from 0.28 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 0.3 in Q4 2024 and troughed at 0.09 in Q1 2022.
  • A 5-year average of 0.23 and a median of 0.27 in 2024 frame the typical range for Asset Utilization Ratio.
  • Across the five-year window, Asset Utilization Ratio jumped 99.32% in 2023 and slipped 7.5% in 2026, its largest moves.
  • Over 5 years, Asset Utilization Ratio stood at 0.14 in 2022, then soared by 78.3% to 0.25 in 2023, then advanced by 18.61% to 0.3 in 2024, then decreased by 4.43% to 0.29 in 2025, then decreased by 5.16% to 0.27 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.27 (Q2 2026), 0.28 (Q1 2026), and 0.29 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Noble 7.29 Bn 6.83 Bn 273.38 Mn 0.42
2 Transocean 6.45 Bn 5.65 Bn 358.00 Mn 0.27
3 Seadrill 2.99 Bn 2.63 Bn 234.00 Mn 0.38
4 Borr Drilling 1.13 Bn 910.00 Mn - 0.27
5 Valaris 819.82 Mn 278.62 Mn 123.70 Mn 0.40
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.27
Mar 31, 2026 0.28
Dec 31, 2025 0.29
Sep 30, 2025 0.30
Jun 30, 2025 0.29
Mar 31, 2025 0.29
Dec 31, 2024 0.30
Sep 30, 2024 0.30
Jun 30, 2024 0.28
Mar 31, 2024 0.26
Dec 31, 2023 0.25
Sep 30, 2023 0.23
Jun 30, 2023 0.20
Mar 31, 2023 0.17
Dec 31, 2022 0.14
Sep 30, 2022 0.12
Jun 30, 2022 0.11
Mar 31, 2022 0.09
Dec 31, 2021 0.08
Sep 30, 2021 0.08