Borr Drilling (BORR) EBITDA Margin (2018 - 2026)
Borr Drilling (BORR) posted quarterly EBITDA Margin of 32.83% for Q1 2026, down 7720.0% year-over-year from 0.43% in Q1 2025, and down 180.96% quarter-over-quarter from 40.56% in Q4 2025.
Borr Drilling (BORR) EBITDA Margin (2018 - 2026) Analysis & Trends
Borr Drilling (BORR) has reported EBITDA Margin for 9 consecutive years, with 32.83% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA Margin fell 7720.0% year-over-year to 32.83%; the TTM figure through Mar 2026 stood at 27.86% (down 2094.0% YoY), while the FY2025 annual figure was 10.31%, down 322.0% from the prior year.
- EBITDA Margin fell to 32.83% in Q1 2026 per BORR's latest filing, from 40.56% in the prior quarter.
- Across five years, EBITDA Margin topped out at 51.96% in Q4 2024 and bottomed at 32.83% in Q1 2026.
- Historically, EBITDA Margin has averaged 37.41% across 5 years, with a median of 44.8% in 2023.
- Annual changes were most pronounced in 2022 — EBITDA Margin jumped 4820 bps — and 2026, when it tumbled 7720 bps.
- Borr Drilling's EBITDA Margin stood at 37.08% in 2022, then jumped by 36 bps to 50.54% in 2023, then increased by 3 bps to 51.96% in 2024, then dropped by 22 bps to 40.56% in 2025, then tumbled by 181 bps to 32.83% in 2026.
- Business Quant data shows BORR's EBITDA Margin at 32.83% in Q1 2026, 40.56% in Q4 2025, and 48.94% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 4.23% |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 15.73% |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 14.36% |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 33.92% |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 16.04% |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 18.85% |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | -60.31% |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 21.43% |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 9.48% |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | -48.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.13% |
| Mar 31, 2026 | -32.83% |
| Dec 31, 2025 | 40.56% |
| Sep 30, 2025 | 48.94% |
| Jun 30, 2025 | 49.76% |
| Mar 31, 2025 | 44.37% |
| Dec 31, 2024 | 51.96% |
| Sep 30, 2024 | 47.81% |
| Jun 30, 2024 | 50.17% |
| Mar 31, 2024 | 49.91% |
| Dec 31, 2023 | 50.54% |
| Sep 30, 2023 | 46.06% |
| Jun 30, 2023 | 44.80% |
| Mar 31, 2023 | 42.09% |
| Dec 31, 2022 | 37.08% |
| Sep 30, 2022 | 3.61% |
| Jun 30, 2022 | 35.14% |
| Mar 31, 2022 | 26.10% |
| Dec 31, 2021 | 36.18% |
| Sep 30, 2021 | 27.40% |