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
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 | -0.70 |
| 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 |