Borr Drilling (BORR) Debt Ratio (2018 - 2026)
Borr Drilling (BORR) posted quarterly Debt Ratio of 0.61 for Q1 2026, down 2.5% year-over-year from 0.62 in Q1 2025, and up 2.19% quarter-over-quarter from 0.59 in Q4 2025.
Borr Drilling (BORR) Debt Ratio (2018 - 2026) Analysis & Trends
Borr Drilling (BORR) has reported Debt Ratio for 9 consecutive years, with 0.61 the latest figure, recorded in Q1 2026.
- In Q1 2026, Debt Ratio fell 2.5% year-over-year to 0.61; the TTM figure through Mar 2026 stood at 0.61 (down 2.5% YoY), while the FY2025 annual figure was 0.59, down 3.91% from the prior year.
- Debt Ratio climbed to 0.61 in Q1 2026 per BORR's latest filing, from 0.59 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.64 in Q2 2022 and bottomed at 0.54 in Q3 2023.
- Historically, Debt Ratio has averaged 0.59 across 5 years, with a median of 0.59 in 2025.
- Annual changes were most pronounced in 2023 — Debt Ratio retreated 14.96% — and 2024, when it climbed 11.72%.
- Borr Drilling's Debt Ratio stood at 0.55 in 2022, then increased by 1.31% to 0.55 in 2023, then grew by 11.72% to 0.62 in 2024, then slipped by 3.91% to 0.59 in 2025, then increased by 2.19% to 0.61 in 2026.
- Business Quant data shows BORR's Debt Ratio at 0.61 in Q1 2026, 0.59 in Q4 2025, and 0.58 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 0.26 |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 0.34 |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 0.23 |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 0.30 |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 0.18 |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 0.67 |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 0.48 |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 0.23 |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 0.20 |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | 0.55 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.67 |
| Mar 31, 2026 | 0.61 |
| Dec 31, 2025 | 0.59 |
| Sep 30, 2025 | 0.58 |
| Jun 30, 2025 | 0.61 |
| Mar 31, 2025 | 0.62 |
| Dec 31, 2024 | 0.62 |
| Sep 30, 2024 | 0.60 |
| Jun 30, 2024 | 0.58 |
| Mar 31, 2024 | 0.58 |
| Dec 31, 2023 | 0.55 |
| Sep 30, 2023 | 0.54 |
| Jun 30, 2023 | 0.55 |
| Mar 31, 2023 | 0.57 |
| Dec 31, 2022 | 0.55 |
| Sep 30, 2022 | 0.60 |
| Jun 30, 2022 | 0.64 |
| Mar 31, 2022 | 0.62 |
| Dec 31, 2021 | 0.62 |
| Sep 30, 2021 | 0.62 |