Borr Drilling (BORR) Tax Rate (2018 - 2026)
Borr Drilling's (BORR) quarterly Tax Rate came in at 4.73% in Q2 2026, up 1676.0% year-over-year from 0.27% in Q2 2025, and up 107.63% quarter-over-quarter from 62.01% in Q1 2026.
Analysis
Borr Drilling (BORR) Tax Rate (2018 - 2026) Analysis & Trends
Borr Drilling (BORR) has reported Tax Rate for 9 consecutive years, with 4.73% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 1676.0% year-over-year to 4.73% in Q2 2026; TTM through Jun 2026 was 0.35%, a 4430.0% increase from a year earlier, with the FY2025 full-year figure at 47.61%, down 613.0% from the prior year.
- Tax Rate was 4.73% for Q2 2026 at Borr Drilling, up from 62.01% in the prior quarter.
- Over five years, Tax Rate peaked at 293.02% in Q1 2025 and troughed at 193.67% in Q1 2023.
- A 5-year average of 18.41% and a median of 19.39% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 34885 bps in 2025 and tumbled 35503 bps in 2026, its largest moves.
- Over 5 years, Tax Rate stood at 15.14% in 2022, then surged 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 104 bps to 4.73% in 2026.
- The last three Tax Rate figures came in at 4.73% (Q2 2026), 62.01% (Q1 2026), and 108.93% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.26 Bn | 6.81 Bn | 273.38 Mn | -79.89% |
| 2 | Transocean | 6.44 Bn | 5.65 Bn | 358.00 Mn | 7.61% |
| 3 | Seadrill | 2.98 Bn | 2.62 Bn | 234.00 Mn | 29.27% |
| 4 | Borr Drilling | 1.13 Bn | 907.38 Mn | - | 4.73% |
| 5 | Valaris | 816.35 Mn | 275.15 Mn | 123.70 Mn | 41.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.73% |
| Mar 31, 2026 | -62.01% |
| Dec 31, 2025 | -108.93% |
| Sep 30, 2025 | 28.90% |
| Jun 30, 2025 | -12.03% |
| Mar 31, 2025 | 293.02% |
| Dec 31, 2024 | -26.74% |
| Sep 30, 2024 | -61.51% |
| Jun 30, 2024 | -31.97% |
| Mar 31, 2024 | -55.83% |
| Dec 31, 2023 | 48.69% |
| Sep 30, 2023 | -97.99% |
| Jun 30, 2023 | -94.37% |
| Mar 31, 2023 | -193.67% |
| Dec 31, 2022 | 15.14% |
| Sep 30, 2022 | 8.93% |
| Jun 30, 2022 | 3.96% |
| Mar 31, 2022 | 10.32% |
| Dec 31, 2021 | 8.73% |
| Sep 30, 2021 | 16.85% |