Borr Drilling (BORR) Net Margin (2018 - 2026)
Borr Drilling (BORR) reported Net Margin of 11.74% for Q1 2026, down 394.0% year-over-year from 3.99% in Q1 2025, and down 230.15% quarter-over-quarter from 9.02% in Q4 2025.
Borr Drilling (BORR) Net Margin (2018 - 2026) Analysis & Trends
Borr Drilling (BORR) has 9 years of Net Margin data on file, last reported at 11.74% in Q1 2026.
- Net Margin for Q1 2026 came in at 11.74%, down 394.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.36% (down 681.0% YoY), and the FY2025 annual result was 4.41%, down 372.0% from the prior year.
- Net Margin declined to 11.74% in Q1 2026 per BORR's latest filing, from 9.02% in the prior quarter.
- Over five years, Net Margin peaked at 22.62% in Q2 2024 and troughed at 145.01% in Q2 2022.
- A 5-year average of 6.25% and a median of 10.03% in 2025 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin plunged 3206 bps in 2022, then soared 15973 bps in 2023.
- A 5-year view of Net Margin shows it stood at 10.57% in 2022, then soared by 142 bps to 4.44% in 2023, then soared by 289 bps to 17.29% in 2024, then plunged by 48 bps to 9.02% in 2025, then tumbled by 230 bps to 11.74% in 2026.
- Business Quant data shows BORR's Net Margin at 11.74% in Q1 2026, 9.02% in Q4 2025, and 10.03% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 3.30% |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 15.37% |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 6.57% |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | -2.19% |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | -5.99% |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | -1.96% |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | -15,501.65% |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 1.19% |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | -11.74% |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | -1.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -11.74% |
| Dec 31, 2025 | 9.02% |
| Sep 30, 2025 | 10.03% |
| Jun 30, 2025 | 16.70% |
| Mar 31, 2025 | -7.80% |
| Dec 31, 2024 | 17.29% |
| Sep 30, 2024 | 16.85% |
| Jun 30, 2024 | 22.62% |
| Mar 31, 2024 | 21.71% |
| Dec 31, 2023 | 4.44% |
| Sep 30, 2023 | 15.40% |
| Jun 30, 2023 | 14.72% |
| Mar 31, 2023 | 13.49% |
| Dec 31, 2022 | -10.57% |
| Sep 30, 2022 | -42.54% |
| Jun 30, 2022 | -145.01% |
| Mar 31, 2022 | -50.85% |
| Dec 31, 2021 | -56.01% |
| Sep 30, 2021 | -31.78% |
| Jun 30, 2021 | -112.96% |