# Borr Drilling Limited share price today (Borr Drilling Limited, BORR)

> Borr Drilling Limited's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. BORR · Energy · Oil & Gas Drilling · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/borr

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## Key numbers

- Price: $3.46 (+11.6% in a year)
- P/E: 36.1×, over 1 year
- Revenue (Jun 2026): $232 M (−13.2% on a year ago)
- Profit (Jun 2026), incl. one-off: −$241 M (one-off item, see below)
- Operating margin: 0.1% (−35.9 points on a year ago)
- ROE: 4%, FY25
- ROIC: 6.5%, against a 8.3% cost of capital: −1.8 points
- Profit that came in as cash: 187%, last 3 years

The main question: the share price moved +11.6% in a year while yearly earnings per share moved −46.9%. The difference came from the market paying a higher multiple. ## What is the Borr Drilling Limited share price today? Borr Drilling Limited's share price was $3.46 at the close on 3 November 2026. That is 29.2% below its average price over the last 200 trading days. In the last 52 weeks it traded between $3 and $6, and at that close it sat 12% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 2 weeks running. Over the last 1 year the share price moved +69% while the S&P 500 moved +21%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 23 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Borr Drilling Limited pay? Borr Drilling Limited paid $0.24 per share over the last four reported quarters. The most recent declaration was $0.02 for Dec 2024. At today's price of $3.46 that is a yield of 6.94%, based on dividends already paid, not a forecast. ## Which stock lists is Borr Drilling Limited on? Borr Drilling Limited is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Borr Drilling Limited profitable? Borr Drilling Limited posted a net loss of $241 M in the Jun 2026 quarter. That quarter includes a one-off gain bigger than its revenue, so the comparison with last year does not reflect normal business. Full-year FY25 profit was $45.0 M. That loss is 103.9% of the quarter's revenue. The same quarter a year earlier earned $35.1 M. 4 of the last 12 reported quarters were loss-making. Jun 2026 profit was −$241 M, −787.7% on a year earlier. For the full year, FY25 profit was $45.0 M (−45.2% on the year before). Read this profit with care: at −$241 M it is bigger than the quarter's whole revenue of $232 M. No business earns more than it takes in from sales, so this is a one-off item (for example a debt settlement, a tax write-back or an asset sale), not money the business earned. The underlying business is running at a 0.1% operating margin. The jump on last year, and any P/E built on this profit, come from the one-off, not from a real turn in earnings. ## How much revenue does Borr Drilling Limited make, and is it growing? Borr Drilling Limited reported $232 M of revenue in the Jun 2026 quarter, −13.2% on the same quarter a year earlier. Over 4 years it has grown 42.8% a year on average. The last full year, FY25, came in at $1.0 B. The last four reported quarters add to $1.0 B. Recent pace: the last four quarters grew +3.5% on average, against 42.8% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +2.7%, against +5.2% a year over the last 8 quarters (stabilising). ## How much of every $100 of sales does Borr Drilling Limited keep? Borr Drilling Limited's operating margin was 0.1% in the Jun 2026 quarter, 35.9 percentage points lower than the same quarter a year ago. Across 5 years it has been between −36.5% and 37.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −35.9 percentage points on the year while gross margin changed −28.8 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Borr Drilling Limited's profit turning into cash? Over the last 3 years, 187% of Borr Drilling Limited's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $252 M of operating cash against $45.0 M of profit. After $125 M of spending on assets, $127 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Borr Drilling Limited's cash go? Borr Drilling Limited does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $648 M on assets over the last 3 years. Averaged over those years that is 21.2% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $648 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Borr Drilling Limited's P/E ratio, and how does it compare with its own history? Borr Drilling Limited's P/E is 36.1×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −46.9% while the price moved +11.6%. The price did better than earnings, which pushed the multiple up within its own range. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Borr Drilling Limited business getting better or worse? Borr Drilling Limited's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 3 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Borr Drilling Limited earn on its capital? Borr Drilling Limited earned a ROE of 4% in FY25. That is up from a low of −33% in FY22. Its return on capital used (ROIC) is 1.8 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 4.4% net margin and 0.28× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 4.4% net margin × 0.28× asset turnover × 2.97× leverage (assets divided by equity) ≈ 3.7% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 6.5% − 8.3% = −1.8 percentage points. The 8.3% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Borr Drilling Limited have too much debt? Borr Drilling Limited has total debt of $2.5 B against shareholder equity of $962 M as of Jun 2026, so its debt is 2.59× its equity. Year by year, that ratio went from 2.16 in FY21 to 1.76 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Borr Drilling Limited shareholding pattern? We have no ownership or short-position figures for Borr Drilling Limited, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 4.2 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is Borr Drilling Limited from balance-sheet trouble? For Borr Drilling Limited, the Z-score is 0.28. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 0.28 is inside the danger zone, so the balance sheet is a real risk. ## How does Borr Drilling Limited rank in its industry? 25.1 out of 100, rank 9 of 10 in Oil & Gas Drilling, with 75% of the evidence available. Borr Drilling Limited scores 25.1 out of 100 against the 10 companies it is compared with in Oil & Gas Drilling, ranking 9. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 4 + 10.2 + 9.5 + 1.4 = 25.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Borr Drilling Limited compared with? Borr Drilling Limited ranks 9 of 10 Oil & Gas Drilling companies on the 4-Factor Sector Score, with 25.1 out of 100. 1. [Seadrill Limited](https://www.sectoralpha.in/us/stocks/sdrl) SDRL · breaking out · Evidence leans up · 77% evidence 63.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.1/35 · Revenue 14.5% · Profit -98.7% · Operating margin change 15 points · 71% evidence Capital efficiency 10.3/25 · ROCE 3.8% · Operating margin 16.7% · 76% evidence Valuation 13.5/20 · P/E 2364.9× · PEG 0.1 · 65% evidence Relative strength 14.5/20 · Lead over its industry 9.7% · Lead over S&P 500 3.4% · 1 year 62.6% · 100% evidence · 10 of 12 weeks ahead Exact sum: 25.1 + 10.3 + 13.5 + 14.5 = 63.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Transocean Ltd.](https://www.sectoralpha.in/us/stocks/rig) RIG · breaking out · Evidence leans up · 67% evidence 61.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.3/35 · Revenue 8.5% · Profit n/a · Operating margin change 0.7 points · 71% evidence Capital efficiency 14.3/25 · ROCE 6.7% · Operating margin 17.4% · 76% evidence Valuation 10.8/20 · P/E -3.3× · PEG n/a · 15% evidence Relative strength 13.6/20 · Lead over its industry 7.7% · Lead over S&P 500 1% · 1 year 48.2% · 100% evidence · 4 of 12 weeks ahead Exact sum: 22.3 + 14.3 + 10.8 + 13.6 = 61 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Valaris Limited](https://www.sectoralpha.in/us/stocks/val) VAL · breaking out · Evidence leans up · 75% evidence 51.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.1/35 · Revenue -13.2% · Profit 100% · Operating margin change -17 points · 95% evidence Capital efficiency 12.1/25 · ROCE 5.6% · Operating margin 9.8% · 76% evidence Valuation 9.8/20 · P/E 5.4× · PEG n/a · 15% evidence Relative strength 17.5/20 · Lead over its industry 14.7% · Lead over S&P 500 6.7% · 1 year 65.4% · 100% evidence · 4 of 12 weeks ahead Exact sum: 12.1 + 12.1 + 9.8 + 17.5 = 51.5 · What this means: Relative strength against the index is 6.7%, and revenue and profit growth are weak. 4. [Precision Drilling Corporation](https://www.sectoralpha.in/us/stocks/pds) PDS · turning · Evidence leans down · 75% evidence 49.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.2/35 · Revenue 3.9% · Profit -131.4% · Operating margin change -5 points · 95% evidence Capital efficiency 9.3/25 · ROCE 5.4% · Operating margin 3.2% · 76% evidence Valuation 11.5/20 · P/E -115.9× · PEG n/a · 15% evidence Relative strength 19.0/20 · Lead over its industry 15.7% · Lead over S&P 500 9.1% · 1 year 66.3% · 100% evidence · 4 of 12 weeks ahead Exact sum: 9.2 + 9.3 + 11.5 + 19 = 49 · What this means: Relative strength against the index is 9.1%, and revenue and profit growth are weak. 5. [Patterson-UTI Energy, Inc.](https://www.sectoralpha.in/us/stocks/pten) PTEN · breaking out · Evidence leans down · 67% evidence 48.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.0/35 · Revenue -6.9% · Profit n/a · Operating margin change -0.6 points · 71% evidence Capital efficiency 5.2/25 · ROCE -1.7% · Operating margin -0.5% · 76% evidence Valuation 10.5/20 · P/E -3.1× · PEG n/a · 15% evidence Relative strength 19.1/20 · Lead over its industry 23.4% · Lead over S&P 500 15.1% · 1 year 93.3% · 100% evidence · 10 of 12 weeks ahead Exact sum: 14 + 5.2 + 10.5 + 19.1 = 48.8 · What this means: Relative strength against the index is 15.1%, and revenue and profit growth are weak. 6. [Helmerich & Payne, Inc.](https://www.sectoralpha.in/us/stocks/hp) HP · losing its lead · Evidence leans down · 67% evidence 47.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.0/35 · Revenue 16.6% · Profit n/a · Operating margin change 0 points · 71% evidence Capital efficiency 8.0/25 · ROCE 1.9% · Operating margin 5.1% · 76% evidence Valuation 11.2/20 · P/E -23.5× · PEG n/a · 15% evidence Relative strength 9.0/20 · Lead over its industry 6.6% · Lead over S&P 500 1.2% · 1 year 44.6% · 100% evidence · 11 of 12 weeks ahead Exact sum: 19 + 8 + 11.2 + 9 = 47.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Nabors Industries Ltd.](https://www.sectoralpha.in/us/stocks/nbr) NBR · turning · Evidence leans down · 67% evidence 44.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.8/35 · Revenue 6.1% · Profit n/a · Operating margin change -1.3 points · 71% evidence Capital efficiency 11.7/25 · ROCE 6.6% · Operating margin 7.5% · 76% evidence Valuation 10.2/20 · P/E 3.2× · PEG n/a · 15% evidence Relative strength 5.8/20 · Lead over its industry 5.2% · Lead over S&P 500 -1.5% · 1 year 57.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.8 + 11.7 + 10.2 + 5.8 = 44.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Noble Corporation plc](https://www.sectoralpha.in/us/stocks/ne) NE · breaking out · Evidence leans down · 85% evidence 41.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 6.2/35 · Revenue -12.3% · Profit -51.5% · Operating margin change -6 points · 95% evidence Capital efficiency 13.7/25 · ROCE 5.9% · Operating margin 10.7% · 76% evidence Valuation 9.6/20 · P/E 34.2× · PEG 1.54 · 65% evidence Relative strength 12.0/20 · Lead over its industry 6.8% · Lead over S&P 500 0% · 1 year 50.4% · 100% evidence · 4 of 12 weeks ahead Exact sum: 6.2 + 13.7 + 9.6 + 12 = 41.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. Borr Drilling Limited this page BORR · quiet · Most evidence points down · 75% evidence 25.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 4.0/35 · Revenue 2.5% · Profit -550% · Operating margin change -35.9 points · 95% evidence Capital efficiency 10.2/25 · ROCE 6.1% · Operating margin 0.1% · 76% evidence Valuation 9.5/20 · P/E 10.6× · PEG n/a · 15% evidence Relative strength 1.4/20 · Lead over its industry -24.8% · Lead over S&P 500 -29.5% · 1 year 8.8% · 100% evidence · 2 of 12 weeks ahead Exact sum: 4 + 10.2 + 9.5 + 1.4 = 25.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. Sable Offshore Corp. SOC · quiet · Too little evidence to rank firmly · 45% evidence 32.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.2/35 · Revenue n/a · Profit n/a · Operating margin change n/a · 8% evidence Capital efficiency 3.0/25 · ROCE -30.1% · Operating margin -48.8% · 76% evidence Valuation 9.2/20 · P/E 18.8× · PEG n/a · 15% evidence Relative strength 1.7/20 · Lead over its industry -69.7% · Lead over S&P 500 -72.6% · 1 year -53.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 18.2 + 3 + 9.2 + 1.7 = 32.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Oil & Gas Drilling](https://www.sectoralpha.in/us/sectors/oil-gas-drilling), all 10 compared on one page. ## Which companies are close to Borr Drilling Limited in size? Borr Drilling Limited is the 9th largest of 9 Oil & Gas Drilling companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Valaris, Patterson-UTI Energy, Inc., Helmerich & Payne, Inc., Seadrill, Precision Drilling Corporation and Nabors Industries. It is the smallest. ### Oil & Gas Drilling companies close in size

1. [Valaris Limited](https://www.sectoralpha.in/us/stocks/val) $6.2 billion
2. [Patterson-UTI Energy, Inc.](https://www.sectoralpha.in/us/stocks/pten) $4.5 billion
3. [Helmerich & Payne, Inc.](https://www.sectoralpha.in/us/stocks/hp) $3.8 billion
4. [Seadrill Limited](https://www.sectoralpha.in/us/stocks/sdrl) $2.9 billion
5. [Precision Drilling Corporation](https://www.sectoralpha.in/us/stocks/pds) $1.2 billion
6. [Nabors Industries Ltd.](https://www.sectoralpha.in/us/stocks/nbr) $1.2 billion
7. Borr Drilling Limited $1.1 billion

[All 9 Oil & Gas Drilling companies, largest first](https://www.sectoralpha.in/us/sectors/oil-gas-drilling#all-companies)

### Companies close in size in other industries

1. [Napco Security Technologies, Inc.](https://www.sectoralpha.in/us/stocks/nssc) $1.1 billion · Security & Protection Services
2. [ScanSource, Inc.](https://www.sectoralpha.in/us/stocks/scsc) $1.1 billion · Electronics & Computer Distribution
3. Borr Drilling Limited $1.1 billion
4. [Alphatec Holdings, Inc.](https://www.sectoralpha.in/us/stocks/atec) $1.1 billion · Medical Devices
5. [Univest Financial Corporation](https://www.sectoralpha.in/us/stocks/uvsp) $1.1 billion · Banks - Regional

## What else do people ask about Borr Drilling Limited? ### What were Borr Drilling Limited Limited's latest quarterly results? Borr Drilling Limited reported revenue of $232 M and a net loss of $241 M for the Jun 2026 quarter. Revenue fell 13.2% and profit fell 787.7% compared with a year earlier. Earnings per share were −$0.79. The operating margin was 0.1%, 35.9 percentage points lower than a year earlier (as of 3 November 2026). ### What is Borr Drilling Limited Limited's market cap? Borr Drilling Limited's market capitalisation is $1.1 B at a stock price of $3.46. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Borr Drilling Limited Limited performing? Borr Drilling Limited's latest readings are below. In its latest quarter, revenue fell 13.2% and profit fell 787.7% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 2 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Borr Drilling Limited Limited's stock price go up? This page does not forecast Borr Drilling Limited's stock price. What it shows instead: the stock price is $3.46. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Borr Drilling Limited Limited in its business cycle? Borr Drilling Limited's FY25 operating margin was 31.5%, against a 5-year range of −36.5% to 37.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 0.1%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Borr Drilling Limited Limited story? The main question: the share price moved +11.6% in a year while yearly earnings per share moved −46.9%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Borr Drilling Limited Limited a stock worth studying right now? What the numbers show: Borr Drilling Limited's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.