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% quarter-over-quarter from $23.4 million in Q2 2024.

Borr Drilling (BORR) Construction in Progress (2018 - 2024) Analysis & Trends

Borr Drilling (BORR) has 7 years of Construction in Progress data on file, last reported at $169.2 million in Q3 2024.

  • Construction in Progress for Q3 2024 came in at $169.2 million, up 4734.29% year-over-year; the trailing twelve-month figure through Sep 2024 was $169.2 million (up 4734.29% YoY), and the FY2023 annual result was $5.4 million, up 54.29% from the prior year.
  • Construction in Progress grew to $169.2 million in Q3 2024 per BORR's latest filing, from $23.4 million in the prior quarter.
  • Over five years, Construction in Progress peaked at $201.4 million in Q1 2020 and troughed at $3.5 million in Q3 2022.
  • A 5-year average of $80.3 million and a median of $135.5 million in 2020 frame the typical range for Construction in Progress.
  • The sharpest annual moves came in 2022 and 2024: Construction in Progress plunged 97.42% in 2022, then jumped 4734.29% in 2024.
  • A 5-year view of Construction in Progress shows it stood at $135.5 million in 2020, then changed by 0.0% to $135.5 million in 2021, then sank by 97.42% to $3.5 million in 2022, then soared by 54.29% to $5.4 million in 2023, then jumped by 3033.33% to $169.2 million in 2024.
  • Business Quant data shows BORR's Construction in Progress at $169.2 million in Q3 2024, $23.4 million in Q2 2024, and $12.9 million in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn -
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn -
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn -
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn -
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn -
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn -
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn -
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn -
9 Borr Drilling 1.40 Bn 1.16 Bn - -
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn -

Historic Data

Download Data
DateValue
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