Borr Drilling Limited is an offshore shallow-water drilling contractor providing worldwide drilling services to the oil and gas industry. The company owns and operates a fleet of premium jack-up rigs designed for water depths up to approximately 400 feet, offering exploration, development, workover, plug and abandonment, and Carbon Capture and Storage services. Borr Drilling contracts its rigs on a dayrate basis to integrated oil companies, state-owned national oil companies, and independent oil and gas operators. The company operates in significant oil-producing geographies including Southeast Asia, West Africa, the Americas, the Middle East, North Africa, and Europe. Incorporated in 2016, the company built its fleet through acquisitions from Hercules Offshore, Transocean, PPL Shipyard, Paragon Offshore, and Noble Corporation, as well as newbuild deliveries. Notable rig designs in the fleet include Pacific Class 400, F&G JU2000E, KFELS B Class, KFELS Super B, Gusto MSC CJ50, F&G JU-3000N, and KFELS Super A Class. In 2026, the company acquired five rigs from Noble Corporation and entered a joint venture to acquire five additional rigs operating in Mexico.

Summarised from the company's own disclosures, fiscal year ended Mar 2026

Industry Oil & Gas Equipment & Services Homepage borrdrilling.com
Sector Energy IR page borrdrilling.com/investor-relations
Tags
jack-up rigs, shallow-water drilling, offshore drilling, dayrate contracts, workover services, carbon capture and storage, exploration drilling, development drilling, Hercules Offshore, Transocean, PPL Shipyard, Paragon Offshore, Noble Corporation, Pacific Class 400, F&G JU2000E, KFELS B Class, KFELS Super B, Gusto MSC CJ50, F&G JU-3000N, KFELS Super A Class, Forseti, Freyja, Sif, Bestla, Joro, Vali, Var, BC Ventures Limited
Press page —

Metrics

Valuation  
Market cap $ 1.419B
P/E -2.61
P/BV 1.48
P/S 1.40
P/OCF 10.65
P/FCF 11.14
Dividend yield 0.43%
Turnover / mcap —
Returns  
ROE 4.1%
ROI 1.3%
ROIC 5.0%
Profit margin 4.4%
Growth  
Revenue growing Yes
Profits growing No
Revenue up 3y Yes
Revenue up 5y No
Quality  
Profitable Yes
Margin expanding No
Buying back stock No
Diluting (TTM) Yes
Podcast bulls (TTM) Sign up
Podcast bears (TTM) Sign up
Podcast sentiment (TTM) Sign up
Podcast sentiment % (TTM) Sign up
News sentiment (TTM) 12
Quality score -10.5%
Insiders  
Buys, 1w Sign up
Buys, 1m Sign up
Buys, 1y Sign up
Sells, 1w Sign up
Sells, 1m Sign up
Sells, 1y Sign up

Sign up to see this company's insider trades

Figure FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 FY 2018
Revenue 1.021B 1.011B 771.6M 443.8M 245.3M 307.5M 334.1M 164.9M
Free cash flow 127.4M -332.1M -164.7M -20.8M -77.8M — — —

Figure FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019 FY 2018
Share price 4.03 3.9 7.36 4.97 2.07 — — —
Price performance 12m 0.03 -0.47 0.48 1.41 — — — —

Sign up to see institutional holdings

Sign Up

Podcast Mentions

Sign up to see podcast mentions and sentiment

Sign Up

Prompts

Borr Drilling Limited (ticker BORR), listed in United States.