Borr Drilling Past Earnings Performance
Past criteria checks 3/6
Borr Drilling has been growing earnings at an average annual rate of 31.5%, while the Energy Services industry saw earnings growing at 32.2% annually. Revenues have been growing at an average rate of 25.1% per year. Borr Drilling's return on equity is 7.5%, and it has net margins of 8.1%.
Key information
31.5%
Earnings growth rate
52.8%
EPS growth rate
| Energy Services Industry Growth | 1.7% |
| Revenue growth rate | 25.1% |
| Return on equity | 7.5% |
| Net Margin | 8.1% |
| Next Earnings Update | 06 Nov 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Borr Drilling makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 918 | 75 | 58 | 0 |
| 31 Mar 24 | 834 | 44 | 57 | 0 |
| 31 Dec 23 | 772 | 22 | 56 | 0 |
| 30 Sep 23 | 700 | -28 | 52 | 0 |
| 30 Jun 23 | 616 | -83 | 47 | 0 |
| 31 Mar 23 | 534 | -249 | 46 | 0 |
| 31 Dec 22 | 444 | -293 | 43 | 0 |
| 30 Sep 22 | 364 | -318 | 36 | 0 |
| 30 Jun 22 | 329 | -295 | 37 | 0 |
| 31 Mar 22 | 279 | -190 | 35 | 0 |
| 31 Dec 21 | 245 | -193 | 35 | 0 |
| 30 Sep 21 | 236 | -206 | 40 | 0 |
| 30 Jun 21 | 223 | -235 | 43 | 0 |
| 31 Mar 21 | 252 | -285 | 55 | 0 |
| 31 Dec 20 | 308 | -318 | 49 | 0 |
| 30 Sep 20 | 340 | -319 | 56 | 0 |
| 30 Jun 20 | 384 | -336 | 56 | 0 |
| 31 Mar 20 | 386 | -330 | 50 | 0 |
| 31 Dec 19 | 334 | -298 | 50 | 0 |
| 30 Sep 19 | 295 | -348 | 50 | 0 |
| 30 Jun 19 | 242 | -308 | 45 | 0 |
| 31 Mar 19 | 206 | -212 | 39 | 0 |
| 31 Dec 18 | 165 | -190 | 39 | 0 |
| 30 Sep 18 | 112 | -142 | 26 | 0 |
| 30 Jun 18 | 62 | -112 | 28 | 0 |
| 31 Mar 18 | 11 | -117 | 26 | 0 |
| 31 Dec 17 | 0 | -88 | 18 | 0 |
Quality Earnings: BORRO has high quality earnings.
Growing Profit Margin: BORRO became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BORRO has become profitable over the past 5 years, growing earnings by 31.5% per year.
Accelerating Growth: BORRO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BORRO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (21.6%).
Return on Equity
High ROE: BORRO's Return on Equity (7.5%) is considered low.