Borr Drilling (BORR) Tax Rate (2018 - 2026)
Borr Drilling (BORR) posted quarterly Tax Rate of 62.01% for Q1 2026, down 23101.0% year-over-year from N/an in Q1 2025, and up 156.93% quarter-over-quarter from 108.93% in Q4 2025.
Borr Drilling (BORR) Tax Rate (2018 - 2026) Analysis & Trends
Borr Drilling (BORR) has reported Tax Rate for 9 consecutive years, with 62.01% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 23101.0% year-over-year to 62.01%; the TTM figure through Mar 2026 stood at 23.24% (up 2763.0% YoY), while the FY2025 annual figure was 47.61%, up 613.0% from the prior year.
- Tax Rate grew to 62.01% in Q1 2026 per BORR's latest filing, from 108.93% in the prior quarter.
- Across five years, Tax Rate topped out at 293.02% in Q1 2025 and bottomed at 193.67% in Q1 2023.
- Historically, Tax Rate has averaged 12.47% across 5 years, with a median of 12.03% in 2025.
- Annual changes were most pronounced in 2025 — Tax Rate surged 34885 bps — and 2026, when it slumped 23101 bps.
- Borr Drilling's Tax Rate stood at 15.14% in 2022, then jumped by 222 bps to 48.69% in 2023, then sank by 155 bps to 26.74% in 2024, then slumped by 307 bps to 108.93% in 2025, then jumped by 157 bps to 62.01% in 2026.
- Business Quant data shows BORR's Tax Rate at 62.01% in Q1 2026, 108.93% in Q4 2025, and 28.9% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | -79.89% |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 7.61% |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 30.97% |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 48.10% |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 29.27% |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | -4.73% |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 110.23% |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 22.14% |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 41.69% |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | -72.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -4.73% |
| Jun 30, 2026 | -4.73% |
| Jun 30, 2026 | -4.73% |
| Mar 31, 2026 | 62.01% |
| Mar 31, 2026 | 62.01% |
| Mar 31, 2026 | 62.01% |
| Dec 31, 2025 | -108.93% |
| Dec 31, 2025 | -108.93% |
| Dec 31, 2025 | -108.93% |
| Sep 30, 2025 | 28.90% |
| Sep 30, 2025 | 28.90% |
| Sep 30, 2025 | 28.90% |
| Jun 30, 2025 | -12.03% |
| Jun 30, 2025 | -12.03% |
| Jun 30, 2025 | -12.03% |
| Mar 31, 2025 | 293.02% |
| Mar 31, 2025 | 293.02% |
| Mar 31, 2025 | 293.02% |
| Dec 31, 2024 | -26.74% |
| Dec 31, 2024 | -26.74% |