Borr Drilling BORR
NYSE BORR
$4.30 -0.14 (-3.10%)
As of: Sep 9, 2026 · 3:59 PM EDT

Borr Drilling (BORR) Interest Coverage Ratio (2018 - 2026)

Borr Drilling's (BORR) quarterly Interest Coverage Ratio came in at 0.0 in Q2 2026, up 99.92% year-over-year from 0.0 in Q2 2025, and down 100.17% quarter-over-quarter from 0.73 in Q1 2026.

Analysis

Borr Drilling (BORR) Interest Coverage Ratio (2018 - 2026) Analysis & Trends

Borr Drilling (BORR) has reported Interest Coverage Ratio for 9 consecutive years, with 0.0 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Interest Coverage Ratio rose 99.92% year-over-year to 0.0 in Q2 2026; TTM through Jun 2026 was 0.74, a 51.05% increase from a year earlier, with the FY2025 full-year figure at 1.41, up 20.22% from the prior year.
  • Interest Coverage Ratio was 0.0 for Q2 2026 at Borr Drilling, down from 0.73 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 4.03 in Q2 2022 and troughed at 2.01 in Q2 2024.
  • A 5-year average of 0.77 and a median of 1.32 in 2023 frame the typical range for Interest Coverage Ratio.
  • Across the five-year window, Interest Coverage Ratio soared 270.71% in 2022 and sank 1265.21% in 2023, its largest moves.
  • Over 5 years, Interest Coverage Ratio stood at 0.7 in 2022, then slumped by 107.27% to 1.46 in 2023, then dropped by 21.0% to 1.77 in 2024, then surged by 32.68% to 1.19 in 2025, then soared by 99.89% to 0.0 in 2026.
  • The last three Interest Coverage Ratio figures came in at 0.0 (Q2 2026), 0.73 (Q1 2026), and 1.19 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Noble 7.27 Bn 6.82 Bn 273.38 Mn 0.84
2 Transocean 6.43 Bn 5.63 Bn 358.00 Mn 7.60
3 Seadrill 2.98 Bn 2.62 Bn 234.00 Mn 4.50
4 Borr Drilling 1.13 Bn 910.00 Mn - 0.00
5 Valaris 824.32 Mn 283.12 Mn 123.70 Mn -
Historic Data

Historic Data

Download Data
DateValue
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 -0.70
Sep 30, 2022 -0.11
Jun 30, 2022 4.03
Mar 31, 2022 0.45
Dec 31, 2021 0.53
Sep 30, 2021 0.38