BORR (Borr Drilling) Interest Expense: $-225 Mil (TTM As of Mar. 2026)

What is Borr Drilling Interest Expense?

Borr Drilling BORR -3.44% 71 Interest Expense is $-225 Mil as of Mar. 2026. GuruFocus rates BORR with a GF Score™ of 71/100 and a GF Value™ of $5.40 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Borr Drilling's interest expense for the three months ended in Mar. 2026 was $ -60 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-225 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Borr Drilling's Operating Income for the three months ended in Mar. 2026 was $ 46 Mil. Borr Drilling's Interest Expense for the three months ended in Mar. 2026 was $ -60 Mil. Borr Drilling's Interest Coverage for the quarter that ended in Mar. 2026 was 0.77. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Borr Drilling (NYSE:BORR) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Borr Drilling's Interest Expense for the three months ended in Mar. 2026 was $-60 Mil. Its Operating Income for the three months ended in Mar. 2026 was $46 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $2,176 Mil.

Borr Drilling's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	46	/	-59.9
	=	0.77

* 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.

The higher the ratio, the stronger the company's financial strength is.

Borr Drilling Interest Expense Historical Data

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The historical data trend for Borr Drilling's Interest Expense can be seen below:

Borr Drilling Interest Expense Chart

Borr Drilling Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Expense

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-92.90

-125.40

-158.40

-201.50

-228.40

Borr Drilling Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Interest Expense	Get a 7-Day Free Trial															-55.60	-54.70	-53.80	-56.70	-59.90

71GF Score

Borr Drilling Ltd BORR

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Borr Drilling Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-225 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-225 Mil mean?

Borr Drilling (BORR) has a Interest Expense of $-225 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Borr Drilling and its competitors.

Is Borr Drilling's Interest Expense too high?

Borr Drilling's current Interest Expense is $-225 Mil. Overall, Borr Drilling has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Borr Drilling's Interest Expense compare to NBR and SOC?

Borr Drilling's Interest Expense of $-225 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for an Oil & Gas company?

A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Borr Drilling and its competitors. Borr Drilling's current Interest Expense is $-225 Mil. 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 $5.40, compared to a current price of $4.21 — trading 22% below its estimated fair value. The current Interest Expense is $-225 Mil. Borr Drilling's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Borr Drilling (BORR), the current Interest Expense is $-225 Mil 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 $4.21 is trading 22% below its estimated GF Value™ of $5.40. GuruFocus considers Borr Drilling to be Modestly Undervalued.

Key valuation signals for BORR:

Interest Expense: $-225 Mil
GF Value™: $5.40 vs. price of $4.21 (22% below fair value)
GF Score™: 71/100 with 5 warning signs

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 Business Description

Industry Energy Oil & Gas

Comparable Companies NBR SOC VTDRF SDRL HP PTEN VAL RIG NE ADX:ADNOCDRILL SAU:2382 SHSE:600871 SAU:2381 OSL:ODL TSX:PD OSL:PLSV MUS:ABRJ STC:PVD XKLS:5243 KUW:ALFTAQA

Other Exchanges BDRILLo:Sweden BORR:Norway B2W:Germany

Address 9 Par-la-Ville Road, S.E. Pearman Building, 2nd Floor, Hamilton, BMU, HM11

Website https://www.borrdrilling.com

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.

71GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.21

Price

$5.40

GF Value

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