Net margin is calculated as Net Income divided by its Revenue. Borr Drilling's Net Income for the
three
months ended in Mar. 2026 was $-29 Mil. Borr Drilling's Revenue for the
three
months ended in Mar. 2026 was $247 Mil. Therefore, Borr Drilling's net margin for the quarter that ended in Mar. 2026 was -11.74%.
The historical rank and industry rank for Borr Drilling's Net Margin % or its related term are showing as below:
BORR'
s Net Margin % Range Over the Past 10 Years
Min: -88000 Med: -78.68 Max: 8.12
Current: 3.13
BORR's Net Margin % is ranked worse than 51.31% of 916
companies
in the Oil & Gas industry
Industry Median: 3.435
vs BORR: 3.13
Borr Drilling (NYSE:BORR) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Borr Drilling Net Margin % Related Terms
Borr Drilling Net Margin % Historical Data
* Premium members only.
The historical data trend for Borr Drilling's Net Margin % 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.
For the Oil & Gas Drilling subindustry, Borr Drilling's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Borr Drilling's Net Margin % distribution charts can be found below:
* The bar in red indicates where Borr Drilling's Net Margin % 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 Net Margin % of -11.74% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Borr Drilling and its competitors. According to the industry distribution chart, Borr Drilling ranks #470 out of 916 companies in the Oil & Gas industry, placing it in the top 51.3%.
Is Borr Drilling's Net Margin % too high?
Borr Drilling's current Net Margin % is -11.74%. Based on the distribution chart, Borr Drilling ranks #470 out of 916 companies in the Oil & Gas industry, which is below the industry midpoint. 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 Net Margin % compare to NBR and SOC?
According to the Oil & Gas industry distribution chart, Borr Drilling ranks #470 out of 916 companies for Net Margin %. This places Borr Drilling in the lower half of its industry. The industry median Net Margin % is 3.44. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.44, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Borr Drilling and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borr Drilling's current Net Margin % is -11.74%. 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 $4.38 — trading 18.9% below its estimated fair value. The current Net Margin % is -11.74%. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Borr Drilling (BORR), the current Net Margin % is -11.74% 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 $4.38 is trading 18.9% below its estimated GF Value™ of $5.40.
GuruFocus considers Borr Drilling to be Modestly Undervalued.
Key valuation signals for BORR:
Net Margin %: -11.74%
GF Value™: $5.40 vs. price of $4.38 (18.9% below fair value)
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.
71GF Score
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