Borr Drilling (BORR) Construction in Progress (2018 - 2024)
Borr Drilling's Construction in Progress was $169.2 million in the quarter ended Sep 30, 2024, compared with $3.5 million a year earlier and up 623.1% from the prior quarter.
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Analysis
Borr Drilling (BORR) Construction in Progress (2018 - 2024) Analysis & Trends
As of Dec 31, 2023, Construction in Progress at Borr Drilling came in at $5.4 million, up 54.3% from the prior year.
- Construction in Progress shows a five-year compound annual growth rate of -56.9% (years ended Dec 2018 to Dec 2023).
- In earlier years, Construction in Progress was $3.5 million in the year ended Dec 31, 2022 (-97.4%), $135.5 million in the year ended Dec 31, 2021 (unchanged), $135.5 million in the year ended Dec 31, 2020 (-48.2%) and $261.4 million in the year ended Dec 31, 2019 (-27.8%).
- The figure for the quarter ended Sep 30, 2024 marks the highest quarterly Construction in Progress since the quarter ended Mar 31, 2020.
- Compared with a year earlier, Construction in Progress was higher in three of the last seven quarters, with growth averaging 89.7%.
- The best year-over-year quarter for Construction in Progress over five years was the quarter ended Jun 30, 2024 (growth of 568.6%); the worst was the quarter ended Sep 30, 2022 (a decline of 97.4%).
- Per Business Quant data, BORR's Construction in Progress in the three quarters before the quarter ended Sep 30, 2024 was $23.4 million (quarter ended Jun 30, 2024), $12.9 million (quarter ended Mar 31, 2024) and $5.4 million (quarter ended Dec 31, 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.39 Bn | 73.50 Bn | 1.40 Bn | - |
| 2 | Baker Hughes | 56.70 Bn | 19.98 Bn | 1.58 Bn | - |
| 3 | TechnipFMC | 27.74 Bn | 23.88 Bn | 684.70 Mn | - |
| 4 | Halliburton | 27.03 Bn | 18.79 Bn | 804.00 Mn | - |
| 5 | Nov | 6.97 Bn | 1.76 Bn | 521.00 Mn | - |
| 6 | Noble | 6.81 Bn | 4.74 Bn | 239.27 Mn | - |
| 7 | Weatherford International | 5.95 Bn | 1.88 Bn | 333.00 Mn | - |
| 8 | Transocean | 5.90 Bn | 3.61 Bn | 358.00 Mn | - |
| 9 | Valaris | 5.52 Bn | 3.13 Bn | 123.70 Mn | - |
| 10 | Borr Drilling | 1.23 Bn | 154.83 Mn | - | - |
Historic Data
Download Data
Historic 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 |
API Access
Borr Drilling Construction in Progress API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=construction-in-progress&ticker=BORR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "construction-in-progress", "ticker": "BORR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=construction-in-progress&ticker=BORR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();