BORR
Borr Drilling Ltd
Next earnings Aug 12, 2026 · consensus $-0.10 EPS, $257M rev
$4.49
▲ +6.65%$4.49▲ +145.36%
over 1Y
L $1.83H $6.61
Today+6.7%
1W+2.5%
1M-16.1%
3M-23.0%
YTD+12.5%
1Y+145.4%
Sell
Conviction
Horizon
Medium (3–12mo)
Street · 14 analysts
Buy
Mixed signals in the latest filings.
Revenue (FY2025) $1.02B · FY2025
The read
Weak on both the fundamentals and the price — little to like at the current level.
Borr Drilling Ltd shows $1.02B in FY2025 revenue (+1.0% YoY), a 4.4% net margin, and 3.7% ROE.
On these fundamentals and a P/E of 26.4, BORR screens as SELL on the SEC figures.
Is BORR a buy? The one-page verdict, explained →
The options angle
model · matches our verdictBear put spread~60d expiry
- Long put 4.5 @ ~0.43 est
- Short put 4 @ ~0.21 est
debit $22max +$28max −$22BE 4.28
SELL verdict, defined risk: profits into weakness down to the short strike; max loss is the net debit.
Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $245M | $444M | $772M | $1.01B | $1.02B |
| Gross profit | — | — | — | — | — |
| Operating income | -$88.3M | -$102M | $250M | $374M | $322M |
| Net income | -$193M | -$293M | $22.1M | $82.1M | $45.0M |
| Diluted EPS | -$1.43 | -$1.64 | $0.09 | $0.32 | $0.17 |
| Net margin | -78.7% | -66.0% | 2.9% | 8.1% | 4.4% |
10-year statements — income, cash flow, balance sheet & CSV export →
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$3.16B
EV / EBITDA—
EV / Sales3.1
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield3.2%
FCF yield—
Quality & risk
ROIC (est.)7.5%
Free cash flow—
Total debt$2.15B
Net cash-$1.77B
Altman Z-Score0.58 distress
Piotroski F-Score5/8
Capital returns
Buyback yield0.0%
Dividend yield (est.)0.3%
Shareholder yield0.4%
Shares Δ YoY+25.4%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Recent filings
all on EDGAR ↗6-KPeriod ending 2026-06-302026-06-30open ↗4Period ending 2026-06-172026-06-22open ↗4Period ending 2026-06-172026-06-22open ↗6-KPeriod ending 2026-06-092026-06-11open ↗4Period ending 2026-06-092026-06-10open ↗4Period ending 2026-06-092026-06-10open ↗6-KPeriod ending 2026-06-092026-06-09open ↗6-KPeriod ending 2026-05-272026-05-28open ↗6-KPeriod ending 2026-05-272026-05-28open ↗6-KPeriod ending 2026-05-262026-05-26open ↗6-KPeriod ending 2026-05-262026-05-26open ↗6-KPeriod ending 2026-05-262026-05-26open ↗
Frequently asked
- Is Borr Drilling Ltd (BORR) a buy?
- BORR currently carries a Sell rating with 2/5 conviction, derived from its latest SEC filings. Mixed signals in the latest filings.
- What is BORR's fair value?
- A Modified-Graham model based on BORR's SEC fundamentals estimates a fair value of about $1.24. It is an estimate from reported earnings, not a price target.
- Is BORR overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, BORR currently appears overvalued relative to its SEC-grounded earnings power.
- What is Borr Drilling Ltd's quality score?
- BORR scores 61.84464224694753/100 (grade C+) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001715497, latest 6-K filed 2026-06-30) · EODHD · as of 7/5/2026, 5:32:49 AM.
About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice
Rule-based analysis, generated automatically from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jul 5, 2026, 1:32 AM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.