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| 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 |