Borr Drilling (BORR) Interest Coverage Ratio (2018 - 2026)
Borr Drilling's (BORR) Interest Coverage Ratio stood at 0.00 in the quarter ended Jun 30, 2026, down 99.9% from 1.69 a year earlier and down 99.8% from the prior quarter.
Powered by 
Analysis
Borr Drilling (BORR) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
On a TTM basis, Borr Drilling's Interest Coverage Ratio came in at 0.74 as of Jun 30, 2026, down 51.1% year-over-year; for the year ended Dec 31, 2025, it came in at 1.41, down 20.2% from the prior year.
- Across earlier years, Interest Coverage Ratio came in at 1.77 in the year ended Dec 31, 2024 (+25.1%), 1.41 in the year ended Dec 31, 2023, -1.21 in the year ended Dec 31, 2022 and -1.54 in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Interest Coverage Ratio since the quarter ended Jun 30, 2022.
- On a year-over-year basis, Interest Coverage Ratio has declined for three consecutive quarters, with an average decline of 23.0% over the last eight quarters.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 288.4% in the quarter ended Sep 30, 2023, against a decline of 99.9% in the quarter ended Jun 30, 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.73 (quarter ended Mar 31, 2026), 1.19 (quarter ended Dec 31, 2025) and 1.74 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 8.37 |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | - |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | -148.94 |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | - |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 9.19 |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 0.84 |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 7.60 |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | - |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | - |
| 10 | Borr Drilling | 1.20 Bn | 117.97 Mn | - | 0.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.00 |
| Mar 31, 2026 | 0.73 |
| Dec 31, 2025 | 1.19 |
| Sep 30, 2025 | 1.74 |
| Jun 30, 2025 | 1.69 |
| Mar 31, 2025 | 1.04 |
| Dec 31, 2024 | 1.77 |
| Sep 30, 2024 | 1.56 |
| Jun 30, 2024 | 2.01 |
| Mar 31, 2024 | 1.73 |
| Dec 31, 2023 | 1.46 |
| Sep 30, 2023 | 1.53 |
| Jun 30, 2023 | 1.44 |
| Mar 31, 2023 | 1.19 |
| Dec 31, 2022 | 0.57 |
| Sep 30, 2022 | 0.39 |
| Jun 30, 2022 | -8.20 |
| Mar 31, 2022 | -1.73 |
| Dec 31, 2021 | -0.57 |
| Sep 30, 2021 | -0.78 |
API Access
Borr Drilling Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=BORR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "BORR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=BORR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();