Borr Drilling (BORR) Asset Utilization Ratio (2019 - 2025)
Borr Drilling (BORR) reported Asset Utilization Ratio of 0.29 for Q4 2025, down 4.43% year-over-year from 0.3 in Q4 2024, and down 4.18% on a QoQ basis from 0.3 in Q3 2025.
Borr Drilling (BORR) has 7 years of Asset Utilization Ratio data on file, last reported at 0.29 in Q4 2025.
- Quarterly Asset Utilization Ratio fell 4.43% year-over-year to 0.29 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.29 (down 4.43% YoY) and the FY2025 annual result came in at 0.29, down 6.81% from the prior year.
- Asset Utilization Ratio declined to 0.29 in Q4 2025 per BORR's latest filing, from 0.3 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.3 in Q4 2024 and bottomed at 0.07 in Q2 2021.
- The 5-year median for Asset Utilization Ratio is 0.22 (2023), against an average of 0.2.
- Peak annual rise in Asset Utilization Ratio reached 275.77% in 2021, while the deepest fall reached 28.15% in 2021.
- Tracing BORR's Asset Utilization Ratio over 5 years: stood at 0.08 in 2021, then jumped by 78.27% to 0.14 in 2022, then surged by 78.3% to 0.25 in 2023, then gained by 18.61% to 0.3 in 2024, then retreated by 4.43% to 0.29 in 2025.
- Per Business Quant, the three latest BORR Asset Utilization Ratio figures stand at 0.29 (Q4 2025), 0.3 (Q3 2025), and 0.29 (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 0.69 |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 0.43 |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 0.27 |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 0.85 |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 0.62 |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 0.41 |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | 0.00 |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 0.70 |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 0.29 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 0.07 |
| Mar 31, 2021 | 0.08 |
| Dec 31, 2020 | 0.10 |
| Sep 30, 2020 | 0.11 |
| Jun 30, 2020 | 0.02 |
| Mar 31, 2020 | 0.02 |
| Dec 31, 2019 | 0.10 |
| Sep 30, 2019 | 0.09 |