Borr Drilling Limited

BORR

NYSE

4.05

USD

+0.28(+7.57%)

As of today

Overview Financials Dividends Ratios Discussions Analysis

Borr Drilling Limited fundamentals

Overview Income Statement Balance Sheet Cash Flow

Key ratios

P/E Ratio

14.46

Price/Book

0.96

Debt/Equity

202.63%

Return on Equity

5.46%

Dividend Yield

0.49%

EBITDA

473.00M

Borr Drilling Limited operates as an offshore drilling contractor to the oil and gas industry worldwide. It owns, contracts, and operates jack-up rigs for operations in shallow-water areas, including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production. The company serves oil and gas exploration and production companies, such as integrated oil companies, state-owned national oil companies, and independent oil and gas companies. As of December 31, 2021, it operated a fleet of 23 jack-up drilling rigs. The company was formerly known as Magni Drilling Limited and changed its name to Borr Drilling Limited in December 2016. Borr Drilling Limited was incorporated in 2016 and is based in Hamilton, Bermuda.

Statements Highlights

AnnualQuarterly

Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Total Revenue	307,500,000	245,300,000	443,800,000	771,600,000	1,010,600,000
Gross Profit	189,600,000	125,700,000	327,300,000	654,200,000	879,400,000
Operating Income	-188,000,000	-88,300,000	-101,900,000	250,400,000	374,200,000
Net Income	-317,600,000	-193,000,000	-292,800,000	22,100,000	82,100,000
Total Assets	3,171,100,000	3,080,300,000	3,001,700,000	3,080,100,000	3,419,600,000
Total Current Liabilities	96,000,000	117,900,000	745,600,000	360,400,000	409,600,000
Total Equity	1,036,800,000	889,900,000	897,800,000	984,000,000	993,300,000
Free Cash Flow	-97,100,000	-77,800,000	-20,800,000	-164,700,000	-332,100,000
Cash from Operations	-54,700,000	-58,900,000	62,500,000	-50,700,000	77,300,000
Cash from Investing	-119,800,000	40,900,000	-82,600,000	-104,200,000	-409,400,000
Cash from Financing	65,200,000	44,800,000	92,600,000	139,000,000	292,000,000
Net Change in Cash	-109,300,000	26,800,000	72,500,000	-15,900,000	-40,100,000