Borr Drilling (BORR) Debt Ratio (2018 - 2026)

Borr Drilling (BORR) reported 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 9 years of Debt Ratio data on file, last reported at 0.61 in Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.61, down 2.5% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.61 (down 2.5% YoY), and the FY2025 annual result was 0.59, down 3.91% from the prior year.
  • Debt Ratio rose to 0.61 in Q1 2026 per BORR's latest filing, from 0.59 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.64 in Q2 2022 and troughed at 0.54 in Q3 2023.
  • A 5-year average of 0.59 and a median of 0.59 in 2022 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2023 and 2024: Debt Ratio retreated 14.96% in 2023, then climbed 11.72% in 2024.
  • A 5-year view of Debt Ratio shows it stood at 0.55 in 2022, then grew by 1.31% to 0.55 in 2023, then climbed by 11.72% to 0.62 in 2024, then decreased by 3.91% to 0.59 in 2025, then grew 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn 0.24
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn 0.26
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn 0.35
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn 0.23
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn 0.32
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn 0.15
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn 0.55
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn 0.48
9 Borr Drilling 1.40 Bn 1.16 Bn - 0.61
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn 0.20

Historic Data

Download Data
DateValue
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 0.59
Jun 30, 2022 0.64
Mar 31, 2022 0.62
Dec 31, 2021 0.62
Sep 30, 2021 0.62
Jun 30, 2021 0.61