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Side-by-side financial comparison of Borr Drilling Ltd (BORR) and Crane NXT, Co. (CXT). Click either name above to swap in a different company.

Crane NXT, Co. is the larger business by last-quarter revenue ($476.9M vs $267.7M, roughly 1.8× Borr Drilling Ltd). Borr Drilling Ltd runs the higher net margin — 13.1% vs 10.0%, a 3.2% gap on every dollar of revenue. On growth, Crane NXT, Co. posted the faster year-over-year revenue change (19.5% vs -1.5%).

Borr Drilling Ltd is a global offshore drilling contractor owning and operating a modern fleet of high-spec jack-up rigs. It offers drilling services to oil and gas exploration and production firms, with main operations across the North Sea, Southeast Asia, Middle East, and West Africa for shallow-water and marginal field projects.

Crane Co. is an American industrial products company based in Stamford, Connecticut. Founded by Richard Teller Crane in 1855, it became one of the leading manufacturers of bathroom fixtures in the United States, until 1990, when that division was sold off. In 1960 it began the process of becoming a holding company with a diverse portfolio. Its business segments are Aerospace & Electronics, Engineered Materials, Fluid Handling, and Controls. Industries served by these segments include chemical...

BORR vs CXT — Head-to-Head

Bigger by revenue
CXT
CXT
1.8× larger
CXT
$476.9M
$267.7M
BORR
Growing faster (revenue YoY)
CXT
CXT
+21.0% gap
CXT
19.5%
-1.5%
BORR
Higher net margin
BORR
BORR
3.2% more per $
BORR
13.1%
10.0%
CXT

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BORR
BORR
CXT
CXT
Revenue
$267.7M
$476.9M
Net Profit
$35.1M
$47.5M
Gross Margin
42.4%
Operating Margin
36.0%
16.7%
Net Margin
13.1%
10.0%
Revenue YoY
-1.5%
19.5%
Net Profit YoY
10.7%
EPS (diluted)
$0.14
$0.82

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BORR
BORR
CXT
CXT
Q4 25
$476.9M
Q3 25
$445.1M
Q2 25
$267.7M
$404.4M
Q1 25
$330.3M
Q4 24
$399.1M
Q3 24
$403.5M
Q2 24
$271.9M
$370.6M
Q1 24
$313.6M
Net Profit
BORR
BORR
CXT
CXT
Q4 25
$47.5M
Q3 25
$50.5M
Q2 25
$35.1M
$24.9M
Q1 25
$21.7M
Q4 24
Q3 24
$47.1M
Q2 24
$31.7M
$41.6M
Q1 24
$37.8M
Gross Margin
BORR
BORR
CXT
CXT
Q4 25
42.4%
Q3 25
43.3%
Q2 25
41.7%
Q1 25
42.4%
Q4 24
45.2%
Q3 24
42.5%
Q2 24
43.4%
Q1 24
48.6%
Operating Margin
BORR
BORR
CXT
CXT
Q4 25
16.7%
Q3 25
18.4%
Q2 25
36.0%
11.8%
Q1 25
11.3%
Q4 24
17.7%
Q3 24
18.6%
Q2 24
38.4%
18.2%
Q1 24
17.7%
Net Margin
BORR
BORR
CXT
CXT
Q4 25
10.0%
Q3 25
11.3%
Q2 25
13.1%
6.2%
Q1 25
6.6%
Q4 24
Q3 24
11.7%
Q2 24
11.7%
11.2%
Q1 24
12.1%
EPS (diluted)
BORR
BORR
CXT
CXT
Q4 25
$0.82
Q3 25
$0.87
Q2 25
$0.14
$0.43
Q1 25
$0.38
Q4 24
$1.00
Q3 24
$0.81
Q2 24
$0.12
$0.72
Q1 24
$0.66

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BORR
BORR
CXT
CXT
Cash + ST InvestmentsLiquidity on hand
$92.4M
$233.8M
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$1.0B
$1.3B
Total Assets
$3.4B
$3.1B
Debt / EquityLower = less leverage
0.80×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BORR
BORR
CXT
CXT
Q4 25
$233.8M
Q3 25
$182.4M
Q2 25
$92.4M
$152.5M
Q1 25
$173.8M
Q4 24
$165.8M
Q3 24
$165.1M
Q2 24
$195.3M
$175.5M
Q1 24
$220.6M
Total Debt
BORR
BORR
CXT
CXT
Q4 25
$1.0B
Q3 25
$834.3M
Q2 25
$861.8M
Q1 25
$541.1M
Q4 24
$540.6M
Q3 24
$638.2M
Q2 24
$638.9M
Q1 24
$639.6M
Stockholders' Equity
BORR
BORR
CXT
CXT
Q4 25
$1.3B
Q3 25
$1.2B
Q2 25
$1.0B
$1.2B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$999.2M
$989.8M
Q1 24
$964.1M
Total Assets
BORR
BORR
CXT
CXT
Q4 25
$3.1B
Q3 25
$2.9B
Q2 25
$3.4B
$2.9B
Q1 25
$2.4B
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$3.2B
$2.4B
Q1 24
$2.1B
Debt / Equity
BORR
BORR
CXT
CXT
Q4 25
0.80×
Q3 25
0.69×
Q2 25
0.73×
Q1 25
0.49×
Q4 24
0.51×
Q3 24
0.60×
Q2 24
0.65×
Q1 24
0.66×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BORR
BORR
CXT
CXT
Operating Cash FlowLast quarter
$6.3M
$105.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.18×
2.23×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BORR
BORR
CXT
CXT
Q4 25
$105.8M
Q3 25
$92.0M
Q2 25
$6.3M
$62.8M
Q1 25
$-19.1M
Q4 24
$81.1M
Q3 24
$66.7M
Q2 24
$16.0M
$56.8M
Q1 24
$9.5M
Free Cash Flow
BORR
BORR
CXT
CXT
Q4 25
Q3 25
$78.7M
Q2 25
$55.8M
Q1 25
$-32.2M
Q4 24
Q3 24
$53.5M
Q2 24
$47.9M
Q1 24
$-3.0M
FCF Margin
BORR
BORR
CXT
CXT
Q4 25
Q3 25
17.7%
Q2 25
13.8%
Q1 25
-9.7%
Q4 24
Q3 24
13.3%
Q2 24
12.9%
Q1 24
-1.0%
Capex Intensity
BORR
BORR
CXT
CXT
Q4 25
Q3 25
3.0%
Q2 25
1.7%
Q1 25
4.0%
Q4 24
Q3 24
3.3%
Q2 24
2.4%
Q1 24
4.0%
Cash Conversion
BORR
BORR
CXT
CXT
Q4 25
2.23×
Q3 25
1.82×
Q2 25
0.18×
2.52×
Q1 25
-0.88×
Q4 24
Q3 24
1.42×
Q2 24
0.50×
1.37×
Q1 24
0.25×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BORR
BORR

Transferred Over Time$256.6M96%
Transferred At Point In Time$11.1M4%

CXT
CXT

Other$260.9M55%
Products$181.1M38%
Services$34.9M7%

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