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Borr DrillingBORR -0.71%73 Debt-to-Equity is 1.93 as of Mar. 2026, which is 6% above its 10-year median of 1.82. GuruFocus rates BORR with a GF Score™ of 73/100 and a GF Value™ of $5.37 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 795 Oil & Gas companies, Borr Drilling ranks worse than 87.67% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Borr Drilling's Debt-to-Equity or its related term are showing as below:
BORR'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 1.82 Max: 2.71
Current: 1.93
During the past 10 years, the highest Debt-to-Equity Ratio of Borr Drilling was 2.71. The lowest was 0.06. And the median was 1.82.
BORR's Debt-to-Equity is ranked worse than 87.67% of 795
companies
in the Oil & Gas industry
Industry Median: 0.46
vs BORR: 1.93
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Borr Drilling Debt-to-Equity Related Terms
Borr Drilling Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Borr Drilling's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BORR vs NBR, SOC, VTDRF: Debt-to-Equity Comparison
For the Oil & Gas Drilling subindustry, Borr Drilling's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Borr Drilling Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Borr Drilling's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Borr Drilling's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Borr Drilling (BORR) has a Debt-to-Equity of 1.93 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Borr Drilling and its competitors. This is near median its historical median of 1.82. Over the past decade, Borr Drilling's Debt-to-Equity has ranged from 0.06 to 2.71. According to the industry distribution chart, Borr Drilling ranks #697 out of 795 companies in the Oil & Gas industry, placing it in the top 87.7%.
Is Borr Drilling's Debt-to-Equity too high?
Borr Drilling's current Debt-to-Equity of 1.93 is near median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 2.71. The Oil & Gas industry median Debt-to-Equity is 0.46. Borr Drilling's value of 1.93 is 319.6% above this industry median. Based on the distribution chart, Borr Drilling ranks #697 out of 795 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Borr Drilling has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Borr Drilling's Debt-to-Equity compare to NBR and SOC?
According to the Oil & Gas industry distribution chart, Borr Drilling ranks #697 out of 795 companies for Debt-to-Equity. This places Borr Drilling in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Borr Drilling's value of 1.93 is 319.6% above this benchmark. Historically, Borr Drilling's own Debt-to-Equity has ranged from 0.06 to 2.71 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 0.46, Borr Drilling has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.46, based on 795 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Borr Drilling's current Debt-to-Equity of 1.93 is 319.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Borr Drilling and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borr Drilling's current Debt-to-Equity is 1.93, which is near median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borr Drilling stock overvalued right now?
Based on GuruFocus' analysis, Borr Drilling (BORR) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.37, compared to a current price of $4.20 — trading 21.8% below its estimated fair value. The current Debt-to-Equity is 1.93, which is near median its 10-year median of 1.82 and 319.6% above the Oil & Gas industry median of 0.46. Borr Drilling's overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Borr Drilling (BORR), the current Debt-to-Equity is 1.93 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Borr Drilling (BORR) Overvalued in 2026?
Based on GuruFocus' analysis, Borr Drilling stock appears to be undervalued.
The current stock price of $4.20 is trading 21.8% below its estimated GF Value™ of $5.37.
GuruFocus considers Borr Drilling to be Modestly Undervalued.
Key valuation signals for BORR:
Debt-to-Equity: 1.93 (near median its 10-year median of 1.82)
GF Value™: $5.37 vs. price of $4.20 (21.8% below fair value)
Industry Position: 319.6% above the Oil & Gas median (#697 of 795)
No single metric tells the full story. See the BORR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Borr Drilling Ltd is an offshore shallow-water drilling contractor providing services to the oil and gas industry. Its operations focus on the ownership, contracting, and operation of jack-up rigs in shallow-water areas, including the provision of related equipment and work crews to conduct oil and gas drilling and workover operations for exploration and production (E&P) customers. The company contracts its rigs on a dayrate basis to drill wells for integrated oil companies, state-owned national oil companies, and independent oil and gas companies. It operates in one reportable segment.
73GF Score
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