Borr Drilling Limited balance sheet BORR

Annual Quarterly

As of Dec 31, 2025, Borr Drilling Limited had total assets of $3.6 billion and total liabilities of $2.4 billion. Total assets were up 6.0% from a year earlier. Stockholders' equity was $1.2 billion. It held $379.7 million in cash and investments against $2.0 billion of total debt, net debt of $1.6 billion. The current ratio, current assets divided by current liabilities, was 2.19.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
Assets
Cash
380
+516.4%
62
-39.9%
102
-5.1%
108
+209.5%
35
+81.8%
19
-67.5%
59
Short-term investments
—
—
—
—
—
—
0
Long-term investments
—
—
—
—
—
—
0
Cash and investments
380
+516.4%
62
-39.9%
102
-5.1%
108
+209.5%
35
+81.8%
19
-67.5%
59
Receivables
—
—
—
43
+50.9%
28
+24.5%
23
-43.0%
40
Total current assets
768
+48.7%
517
+26.0%
410
+17.1%
350
+98.6%
176
+25.1%
141
-49.3%
278
Property and equipment, net
2
-28.6%
3
-20.0%
4
-10.3%
4
+5.4%
4
-33.9%
6
-23.3%
7
Total assets
3,626
+6.0%
3,420
+11.0%
3,080
+2.6%
3,002
-2.6%
3,080
-2.9%
3,171
-3.3%
3,280
Liabilities and equity
Accounts payable
34
-58.6%
82
+129.9%
36
-25.6%
48
+37.5%
35
+70.1%
20
+44.7%
14
Total current liabilities
351
-14.4%
410
+13.7%
360
-51.7%
746
+532.4%
118
+22.8%
96
-61.6%
250
Total liabilities
2,403
-1.0%
2,426
+15.8%
2,096
-0.4%
2,104
-3.9%
2,190
+2.6%
2,134
+7.5%
1,986
Stockholders' equity
1,223
+23.1%
993
+0.9%
984
+9.6%
898
+0.9%
890
-14.2%
1,037
-19.7%
1,291
Debt
Long-term debt
2,021
+1.4%
1,992
+23.1%
1,619
+35.9%
1,191
-37.8%
1,916
+0.5%
1,906
+11.5%
1,710
Lease liabilities
1
-33.3%
1
-25.0%
2
-27.3%
2
+10.0%
2
-66.7%
6
-39.4%
10
Total debt
2,022
+1.4%
1,994
+23.0%
1,620
+35.8%
1,193
-37.8%
1,918
+0.3%
1,912
+11.2%
1,720
Net cash
-1,642
+15.0%
-1,932
-27.3%
-1,518
-39.9%
-1,085
+42.4%
-1,883
+0.5%
-1,893
-14.0%
-1,661
Ratios
Current ratio
2.19x
1.26x
1.14x
0.47x
1.49x
1.47x
1.11x
Debt to equity
1.65x
2.01x
1.65x
1.33x
2.16x
1.84x
1.33x
Debt to EBITDA
4.30x
3.94x
4.41x
81.73x
61.27x
—
—
Return on equity
3.68%
8.27%
2.25%
-32.61%
-21.69%
-30.63%
-23.05%
Return on assets
1.24%
2.40%
0.72%
-9.75%
-6.27%
-10.02%
-9.07%
Book value per share
3.98
4.06
3.90
3.92
6.50
9.47
11.65
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry
Drilling Oil & Gas Wells (SIC 1381)
Listed as
BORR (NYSE)
Fiscal year ends
December 31
Incorporated in
Bermuda
Headquarters
Hamilton, Bermuda
SEC filer status
Accelerated filer
SEC CIK
1715497

Other Drilling Oil & Gas Wells companies

All 12 Drilling Oil & Gas Wells companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.