Borr Drilling (BORR) Debt to Equity (2018 - 2026)
Borr Drilling (BORR) reported Debt to Equity of $1.93 for Q1 2026, down 11.24% year-over-year from $2.17 in Q1 2025, and up 9.46% quarter-over-quarter from $1.76 in Q4 2025.
Borr Drilling (BORR) Debt to Equity (2018 - 2026) Analysis & Trends
Borr Drilling (BORR) has 9 years of Debt to Equity data on file, last reported at $1.93 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $1.93, down 11.24% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.93 (down 11.24% YoY), and the FY2025 annual result was $1.76, down 17.23% from the prior year.
- Debt to Equity grew to $1.93 in Q1 2026 per BORR's latest filing, from $1.76 in the prior quarter.
- Over five years, Debt to Equity peaked at $2.7 in Q2 2022 and troughed at $0.0 in Q3 2023.
- A 5-year average of $1.62 and a median of $1.83 in 2022 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2024 and 2025: Debt to Equity slumped 100.0% in 2024, then surged 28932106.91% in 2025.
- A 5-year view of Debt to Equity shows it stood at $1.82 in 2022, then slipped by 5.15% to $1.73 in 2023, then rose by 22.87% to $2.12 in 2024, then declined by 17.23% to $1.76 in 2025, then rose by 9.46% to $1.93 in 2026.
- Business Quant data shows BORR's Debt to Equity at $1.93 in Q1 2026, $1.76 in Q4 2025, and $1.8 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 0.30 |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 0.42 |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 0.64 |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 0.39 |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 0.76 |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 0.22 |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 2.27 |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 3.72 |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 1.93 |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 0.34 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.93 |
| Dec 31, 2025 | 1.76 |
| Sep 30, 2025 | 1.80 |
| Jun 30, 2025 | 2.03 |
| Mar 31, 2025 | 2.17 |
| Dec 31, 2024 | 2.12 |
| Sep 30, 2024 | 0.00 |
| Jun 30, 2024 | 1.85 |
| Mar 31, 2024 | 0.00 |
| Dec 31, 2023 | 1.73 |
| Sep 30, 2023 | 0.00 |
| Jun 30, 2023 | 1.81 |
| Mar 31, 2023 | 1.99 |
| Dec 31, 2022 | 1.82 |
| Jun 30, 2022 | 2.70 |
| Mar 31, 2022 | 2.20 |
| Dec 31, 2021 | 2.15 |
| Jun 30, 2021 | 1.96 |
| Mar 31, 2021 | 1.86 |
| Dec 31, 2020 | 1.84 |