Borr Drilling (BORR) Times Interest Earned (2018 - 2026)
Borr Drilling (BORR) posted quarterly Times Interest Earned of $1.28 for Q1 2026, up 19.48% year-over-year from $1.07 in Q1 2025, and up 59.91% quarter-over-quarter from $0.8 in Q4 2025.
Borr Drilling (BORR) Times Interest Earned (2018 - 2026) Analysis & Trends
Borr Drilling (BORR) has reported Times Interest Earned for 9 consecutive years, with $1.28 the latest figure, recorded in Q1 2026.
- In Q1 2026, Times Interest Earned rose 19.48% year-over-year to $1.28; the TTM figure through Mar 2026 stood at $0.17 (up 484.13% YoY), while the FY2025 annual figure was $1.41, down 20.22% from the prior year.
- Times Interest Earned improved to $1.28 in Q1 2026 per BORR's latest filing, from $0.8 in the prior quarter.
- Across five years, Times Interest Earned topped out at $4.03 in Q2 2022 and bottomed at -$1.53 in Q3 2023.
- Historically, Times Interest Earned has averaged $0.11 across 5 years, with a median of $0.31 in 2025.
- Annual changes were most pronounced in 2022 — Times Interest Earned jumped 270.71% — and 2023, when it plunged 1265.21%.
- Borr Drilling's Times Interest Earned stood at -$0.57 in 2022, then sank by 43.12% to -$0.81 in 2023, then jumped by 145.77% to $0.37 in 2024, then soared by 115.5% to $0.8 in 2025, then surged by 59.91% to $1.28 in 2026.
- Business Quant data shows BORR's Times Interest Earned at $1.28 in Q1 2026, $0.8 in Q4 2025, and $0.31 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | 0.84 |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | -7.60 |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | -0.34 |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 7.70 |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 4.50 |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | 0.00 |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | -11.54 |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | 7.89 |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | - |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | -1.55 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.00 |
| Mar 31, 2026 | 1.28 |
| Dec 31, 2025 | 0.80 |
| Sep 30, 2025 | 0.31 |
| Jun 30, 2025 | -0.98 |
| Mar 31, 2025 | 1.07 |
| Dec 31, 2024 | 0.37 |
| Sep 30, 2024 | 0.53 |
| Jun 30, 2024 | -1.23 |
| Mar 31, 2024 | 0.33 |
| Dec 31, 2023 | -0.81 |
| Sep 30, 2023 | -1.53 |
| Jun 30, 2023 | -0.89 |
| Mar 31, 2023 | -1.19 |
| Dec 31, 2022 | -0.57 |
| 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 |