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Side-by-side financial comparison of Borr Drilling Ltd (BORR) and Eastern Bankshares, Inc. (EBC). Click either name above to swap in a different company.
Eastern Bankshares, Inc. is the larger business by last-quarter revenue ($295.9M vs $267.7M, roughly 1.1× Borr Drilling Ltd). Eastern Bankshares, Inc. runs the higher net margin — 22.1% vs 13.1%, a 9.0% gap on every dollar of revenue. On growth, Eastern Bankshares, Inc. posted the faster year-over-year revenue change (710.6% 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.
Eastern Bank is a bank based in Boston, Massachusetts. Before de-mutualizing in 2020, it was the oldest and largest mutual bank in the United States and the largest community bank in Massachusetts.
BORR vs EBC — Head-to-Head
Income Statement — Q2 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $267.7M | $295.9M |
| Net Profit | $35.1M | $65.3M |
| Gross Margin | — | — |
| Operating Margin | 36.0% | — |
| Net Margin | 13.1% | 22.1% |
| Revenue YoY | -1.5% | 710.6% |
| Net Profit YoY | 10.7% | -34.4% |
| EPS (diluted) | $0.14 | $0.29 |
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.
| Q1 26 | — | $295.9M | ||
| Q4 25 | — | $37.5M | ||
| Q3 25 | — | $241.5M | ||
| Q2 25 | $267.7M | $244.9M | ||
| Q1 25 | — | $31.1M | ||
| Q4 24 | — | $216.5M | ||
| Q3 24 | — | $203.4M | ||
| Q2 24 | $271.9M | $154.0M |
| Q1 26 | — | $65.3M | ||
| Q4 25 | — | $99.5M | ||
| Q3 25 | — | $106.1M | ||
| Q2 25 | $35.1M | $100.2M | ||
| Q1 25 | — | $-217.7M | ||
| Q4 24 | — | $60.8M | ||
| Q3 24 | — | $-6.2M | ||
| Q2 24 | $31.7M | $26.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 38.9% | ||
| Q2 25 | 36.0% | 41.0% | ||
| Q1 25 | — | -590.9% | ||
| Q4 24 | — | 33.3% | ||
| Q3 24 | — | -1.6% | ||
| Q2 24 | 38.4% | 24.7% |
| Q1 26 | — | 22.1% | ||
| Q4 25 | — | 265.6% | ||
| Q3 25 | — | 44.0% | ||
| Q2 25 | 13.1% | 40.9% | ||
| Q1 25 | — | -699.2% | ||
| Q4 24 | — | 28.1% | ||
| Q3 24 | — | -3.0% | ||
| Q2 24 | 11.7% | 17.1% |
| Q1 26 | — | $0.29 | ||
| Q4 25 | — | $0.48 | ||
| Q3 25 | — | $0.53 | ||
| Q2 25 | $0.14 | $0.50 | ||
| Q1 25 | — | $-1.08 | ||
| Q4 24 | — | $0.29 | ||
| Q3 24 | — | $-0.03 | ||
| Q2 24 | $0.12 | $0.16 |
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 | $551.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.0B | $4.3B |
| Total Assets | $3.4B | $30.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $551.7M | ||
| Q4 25 | — | $507.6M | ||
| Q3 25 | — | $703.4M | ||
| Q2 25 | $92.4M | $948.3M | ||
| Q1 25 | — | $609.0M | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | $195.3M | $1.4B |
| Q1 26 | — | $4.3B | ||
| Q4 25 | — | $4.3B | ||
| Q3 25 | — | $3.8B | ||
| Q2 25 | $1.0B | $3.7B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $3.6B | ||
| Q3 24 | — | $3.7B | ||
| Q2 24 | $999.2M | $3.0B |
| Q1 26 | — | $30.6B | ||
| Q4 25 | — | $30.6B | ||
| Q3 25 | — | $25.5B | ||
| Q2 25 | $3.4B | $25.5B | ||
| Q1 25 | — | $25.0B | ||
| Q4 24 | — | $25.6B | ||
| Q3 24 | — | $25.5B | ||
| Q2 24 | $3.2B | $21.0B |
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 | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 0.18× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $432.4M | ||
| Q3 25 | — | $157.1M | ||
| Q2 25 | $6.3M | $123.9M | ||
| Q1 25 | — | $47.3M | ||
| Q4 24 | — | $283.8M | ||
| Q3 24 | — | $108.3M | ||
| Q2 24 | $16.0M | $54.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.35× | ||
| Q3 25 | — | 1.48× | ||
| Q2 25 | 0.18× | 1.24× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.67× | ||
| Q3 24 | — | — | ||
| Q2 24 | 0.50× | 2.06× |
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% |
EBC
Segment breakdown not available.
