Borr Drilling (BORR) Net Margin (2018 - 2026)
Borr Drilling (BORR) posted quarterly 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 reported Net Margin for 9 consecutive years, with 11.74% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 394.0% year-over-year to 11.74%; the TTM figure through Mar 2026 stood at 2.11% (down 81.0% YoY), while the FY2025 annual figure was 4.41%, down 372.0% from the prior year.
- Net Margin slipped to 11.74% in Q1 2026 per BORR's latest filing, from 9.02% in the prior quarter.
- Across five years, Net Margin topped out at 17.29% in Q4 2024 and bottomed at 50.85% in Q1 2022.
- Historically, Net Margin has averaged 1.74% across 5 years, with a median of 0.08% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin surged 5204 bps — and 2024, when it plunged 1532 bps.
- Borr Drilling's Net Margin stood at 10.57% in 2022, then jumped by 142 bps to 4.44% in 2023, then jumped by 289 bps to 17.29% in 2024, then sank by 48 bps to 9.02% in 2025, then plunged 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | -5.10% |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 17.60% |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | -1.57% |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 7.55% |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 6.46% |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | -103.92% |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | -0.19% |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | -0.26% |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 8.72% |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | -46.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -103.92% |
| Mar 31, 2026 | -11.74% |
| Dec 31, 2025 | 9.02% |
| Sep 30, 2025 | 10.03% |
| Mar 31, 2025 | -7.80% |
| Dec 31, 2024 | 17.29% |
| Sep 30, 2024 | 0.08% |
| Jun 30, 2024 | 0.07% |
| Mar 31, 2024 | 0.09% |
| Dec 31, 2023 | 4.44% |
| Sep 30, 2023 | 15.40% |
| Jun 30, 2023 | 0.43% |
| Mar 31, 2023 | -4.30% |
| Dec 31, 2022 | -10.57% |
| Sep 30, 2022 | -0.09% |
| Jun 30, 2022 | 0.66% |
| Mar 31, 2022 | -50.85% |
| Dec 31, 2021 | 0.72% |
| Jun 30, 2021 | 1.46% |
| Mar 31, 2021 | -102.89% |