Borr Drilling (BORR) Interest Coverage Ratio (2018 - 2026)
Borr Drilling (BORR) reported Interest Coverage Ratio of 0.73 for Q1 2026, up 29.75% year-over-year from 0.56 in Q1 2025, and up 38.77% quarter-over-quarter from 1.19 in Q4 2025.
Borr Drilling (BORR) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
Borr Drilling (BORR) has 9 years of Interest Coverage Ratio data on file, last reported at 0.73 in Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 0.73, up 29.75% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.32 (up 16.67% YoY), and the FY2025 annual result was 1.41, down 20.22% from the prior year.
- Interest Coverage Ratio climbed to 0.73 in Q1 2026 per BORR's latest filing, from 1.19 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 0.91 and a median of 1.44 in 2023 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio jumped 270.71% in 2022, then plunged 1265.21% in 2023.
- A 5-year view of Interest Coverage Ratio shows it stood at 0.7 in 2022, then sank by 107.27% to 1.46 in 2023, then declined by 21.0% to 1.77 in 2024, then soared by 32.68% to 1.19 in 2025, then jumped by 38.77% to 0.73 in 2026.
- Business Quant data shows BORR's Interest Coverage Ratio at 0.73 in Q1 2026, 1.19 in Q4 2025, and 1.74 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 10.03 |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 5.56 |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 1.04 |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | -0.82 |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | -1.43 |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 1.60 |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | -3.43 |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | -10.86 |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | -0.73 |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.09 |