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Side-by-side financial comparison of Borr Drilling Ltd (BORR) and Douglas Elliman Inc. (DOUG). Click either name above to swap in a different company.
Borr Drilling Ltd is the larger business by last-quarter revenue ($267.7M vs $245.4M, roughly 1.1× Douglas Elliman Inc.). Douglas Elliman Inc. runs the higher net margin — 27.9% vs 13.1%, a 14.8% gap on every dollar of revenue. On growth, Douglas Elliman Inc. posted the faster year-over-year revenue change (0.9% 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.
Douglas Elliman Inc. is a leading U.S.-based residential real estate brokerage firm. It offers luxury property sales, rentals, property management, and advisory solutions, serving high-net-worth clients across key metro markets including New York, California, Florida, and Texas.
BORR vs DOUG — Head-to-Head
Income Statement — Q2 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $267.7M | $245.4M |
| Net Profit | $35.1M | $68.6M |
| Gross Margin | — | — |
| Operating Margin | 36.0% | 27.3% |
| Net Margin | 13.1% | 27.9% |
| Revenue YoY | -1.5% | 0.9% |
| Net Profit YoY | 10.7% | 1243.4% |
| EPS (diluted) | $0.14 | $0.80 |
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.
| Q4 25 | — | $245.4M | ||
| Q3 25 | — | $262.8M | ||
| Q2 25 | $267.7M | $271.4M | ||
| Q1 25 | — | $253.4M | ||
| Q4 24 | — | $243.3M | ||
| Q3 24 | — | $266.3M | ||
| Q2 24 | $271.9M | $285.8M | ||
| Q1 24 | — | $200.2M |
| Q4 25 | — | $68.6M | ||
| Q3 25 | — | $-24.7M | ||
| Q2 25 | $35.1M | $-22.7M | ||
| Q1 25 | — | $-6.0M | ||
| Q4 24 | — | $-6.0M | ||
| Q3 24 | — | $-27.2M | ||
| Q2 24 | $31.7M | $-1.7M | ||
| Q1 24 | — | $-41.5M |
| Q4 25 | — | 27.3% | ||
| Q3 25 | — | -4.1% | ||
| Q2 25 | 36.0% | -2.0% | ||
| Q1 25 | — | -2.1% | ||
| Q4 24 | — | -6.7% | ||
| Q3 24 | — | -2.8% | ||
| Q2 24 | 38.4% | -1.3% | ||
| Q1 24 | — | -20.7% |
| Q4 25 | — | 27.9% | ||
| Q3 25 | — | -9.4% | ||
| Q2 25 | 13.1% | -8.4% | ||
| Q1 25 | — | -2.4% | ||
| Q4 24 | — | -2.5% | ||
| Q3 24 | — | -10.2% | ||
| Q2 24 | 11.7% | -0.6% | ||
| Q1 24 | — | -20.7% |
| Q4 25 | — | $0.80 | ||
| Q3 25 | — | $-0.29 | ||
| Q2 25 | $0.14 | $-0.27 | ||
| Q1 25 | — | $-0.07 | ||
| Q4 24 | — | $-0.06 | ||
| Q3 24 | — | $-0.33 | ||
| Q2 24 | $0.12 | $-0.02 | ||
| Q1 24 | — | $-0.50 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $92.4M | $115.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.0B | $183.9M |
| Total Assets | $3.4B | $444.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $115.5M | ||
| Q3 25 | — | $143.0M | ||
| Q2 25 | $92.4M | $136.3M | ||
| Q1 25 | — | $136.8M | ||
| Q4 24 | — | $145.5M | ||
| Q3 24 | — | $151.4M | ||
| Q2 24 | $195.3M | $92.9M | ||
| Q1 24 | — | $91.5M |
| Q4 25 | — | $183.9M | ||
| Q3 25 | — | $115.1M | ||
| Q2 25 | $1.0B | $137.6M | ||
| Q1 25 | — | $158.2M | ||
| Q4 24 | — | $162.2M | ||
| Q3 24 | — | $173.6M | ||
| Q2 24 | $999.2M | $196.9M | ||
| Q1 24 | — | $195.1M |
| Q4 25 | — | $444.4M | ||
| Q3 25 | — | $480.6M | ||
| Q2 25 | $3.4B | $489.0M | ||
| Q1 25 | — | $493.9M | ||
| Q4 24 | — | $493.9M | ||
| Q3 24 | — | $502.7M | ||
| Q2 24 | $3.2B | $463.9M | ||
| Q1 24 | — | $461.1M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $6.3M | $-14.4M |
| Free Cash FlowOCF − Capex | — | $-14.7M |
| FCF MarginFCF / Revenue | — | -6.0% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | 0.18× | -0.21× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-17.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-14.4M | ||
| Q3 25 | — | $5.5M | ||
| Q2 25 | $6.3M | $642.0K | ||
| Q1 25 | — | $-5.6M | ||
| Q4 24 | — | $-9.0M | ||
| Q3 24 | — | $9.0M | ||
| Q2 24 | $16.0M | $1.3M | ||
| Q1 24 | — | $-27.3M |
| Q4 25 | — | $-14.7M | ||
| Q3 25 | — | $4.7M | ||
| Q2 25 | — | $-575.0K | ||
| Q1 25 | — | $-6.7M | ||
| Q4 24 | — | $-10.2M | ||
| Q3 24 | — | $7.7M | ||
| Q2 24 | — | $432.0K | ||
| Q1 24 | — | $-29.4M |
| Q4 25 | — | -6.0% | ||
| Q3 25 | — | 1.8% | ||
| Q2 25 | — | -0.2% | ||
| Q1 25 | — | -2.6% | ||
| Q4 24 | — | -4.2% | ||
| Q3 24 | — | 2.9% | ||
| Q2 24 | — | 0.2% | ||
| Q1 24 | — | -14.7% |
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.3% | ||
| Q1 24 | — | 1.0% |
| Q4 25 | — | -0.21× | ||
| Q3 25 | — | — | ||
| Q2 25 | 0.18× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.50× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BORR
| Transferred Over Time | $256.6M | 96% |
| Transferred At Point In Time | $11.1M | 4% |
DOUG
| Commissions And Other Brokerage Income | $240.3M | 98% |
| Property Management Income | $2.8M | 1% |
| Property Management | $2.2M | 1% |
