Borr Drilling annual debt-to-equity ratio
2018
2019
2020
2021
2022
2023
2024
2025
Borr Drilling Debt-to-Equity Ratio Growth & History (BORR)
Borr Drilling's debt-to-equity ratio was 1.76 for fiscal 2025.
View full Borr Drilling company overviewBorr Drilling annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.76 | −0.37 | −17.24% |
| 2024 | 2024-12-31 | 2.13 | 0.40 | +22.82% |
| 2023 | 2023-12-31 | 1.73 | −0.09 | −5.19% |
| 2022 | 2022-12-31 | 1.83 | −0.33 | −15.28% |
| 2021 | 2021-12-31 | 2.16 | 0.31 | +16.85% |
| 2020 | 2020-12-31 | 1.84 | 0.52 | +38.77% |
| 2019 | 2019-12-31 | 1.33 | 0.56 | +73.33% |
| 2018 | 2018-12-31 | 0.77 | — | — |
Borr Drilling quarterly debt-to-equity ratio
Q4.18
Q4.19
Q4.20
Q2.21
Q4.21
Q2.22
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.59 | 0.56 | +27.59% |
| Q1 2026 | 2026-03-31 | 1.93 | −0.24 | −11.26% |
| Q4 2025 | 2025-12-31 | 1.76 | −0.37 | −17.24% |
| Q3 2025 | 2025-09-30 | 1.80 | — | — |
| Q2 2025 | 2025-06-30 | 2.03 | 0.18 | +9.77% |
| Q1 2025 | 2025-03-31 | 2.17 | — | — |
| Q4 2024 | 2024-12-31 | 2.13 | 0.40 | +22.82% |
| Q2 2024 | 2024-06-30 | 1.85 | 0.04 | +2.02% |
| Q4 2023 | 2023-12-31 | 1.73 | −0.09 | −5.19% |
| Q2 2023 | 2023-06-30 | 1.81 | −0.90 | −33.10% |
| Q4 2022 | 2022-12-31 | 1.83 | −0.33 | −15.28% |
| Q2 2022 | 2022-06-30 | 2.71 | 0.73 | +36.88% |
| Q4 2021 | 2021-12-31 | 2.16 | 0.31 | +16.85% |
| Q2 2021 | 2021-06-30 | 1.98 | — | — |
| Q4 2020 | 2020-12-31 | 1.84 | 0.52 | +38.77% |
| Q4 2019 | 2019-12-31 | 1.33 | 0.56 | +73.33% |
| Q4 2018 | 2018-12-31 | 0.77 | — | — |
Borr Drilling debt-to-equity ratio trends
Over the last five fiscal years, Borr Drilling's debt-to-equity ratio decreased from 1.84 to 1.76, a change of −0.08. The latest reported quarter, Q2 2026, shows 2.59.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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