Borr Drilling (BORR) Construction in Progress (2018 - 2024)
Borr Drilling (BORR) reported Construction in Progress of $169.2 million for Q3 2024, up 4734.29% year-over-year from $3.5 million in Q4 2023, and up 623.08% on a QoQ basis from $23.4 million in Q2 2024.
Borr Drilling (BORR) has 7 years of Construction in Progress data on file, last reported at $169.2 million in Q3 2024.
- Quarterly Construction in Progress rose 4734.29% year-over-year to $169.2 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $169.2 million (up 4734.29% YoY) and the FY2023 annual result came in at $5.4 million, up 54.29% from the prior year.
- Construction in Progress advanced to $169.2 million in Q3 2024 per BORR's latest filing, from $23.4 million in the prior quarter.
- Across five years, Construction in Progress topped out at $201.4 million in Q1 2020 and bottomed at $3.5 million in Q3 2022.
- The 5-year median for Construction in Progress is $135.5 million (2020), against an average of $80.3 million.
- The widest annual swing landed in 2022, when Construction in Progress slumped 97.42%; it then surged 4734.29% in 2024.
- Tracing BORR's Construction in Progress over 5 years: stood at $135.5 million in 2020, then changed by 0.0% to $135.5 million in 2021, then tumbled by 97.42% to $3.5 million in 2022, then jumped by 54.29% to $5.4 million in 2023, then surged by 3033.33% to $169.2 million in 2024.
- Per Business Quant, the three latest BORR Construction in Progress figures stand at $169.2 million (Q3 2024), $23.4 million (Q2 2024), and $12.9 million (Q1 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | - |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | - |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | - |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | - |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | - |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | - |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | - |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 169.20 Mn |
| Jun 30, 2024 | 23.40 Mn |
| Mar 31, 2024 | 12.90 Mn |
| Dec 31, 2023 | 5.40 Mn |
| Sep 30, 2023 | 3.50 Mn |
| Jun 30, 2023 | 3.50 Mn |
| Mar 31, 2023 | 3.50 Mn |
| Dec 31, 2022 | 3.50 Mn |
| Sep 30, 2022 | 3.50 Mn |
| Jun 30, 2022 | 11.10 Mn |
| Mar 31, 2022 | 135.50 Mn |
| Dec 31, 2021 | 135.50 Mn |
| Sep 30, 2021 | 135.50 Mn |
| Jun 30, 2021 | 135.50 Mn |
| Mar 31, 2021 | 135.50 Mn |
| Dec 31, 2020 | 135.50 Mn |
| Sep 30, 2020 | 136.20 Mn |
| Jun 30, 2020 | 135.60 Mn |
| Mar 31, 2020 | 201.40 Mn |
| Dec 31, 2019 | 261.40 Mn |
| Sep 30, 2019 | 318.80 Mn |
| Jun 30, 2019 | 315.10 Mn |
| Dec 31, 2018 | 361.80 Mn |