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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |