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Side-by-side financial comparison of Borr Drilling Ltd (BORR) and ETHAN ALLEN INTERIORS INC (ETD). Click either name above to swap in a different company.

Borr Drilling Ltd is the larger business by last-quarter revenue ($267.7M vs $135.8M, roughly 2.0× ETHAN ALLEN INTERIORS INC). Borr Drilling Ltd runs the higher net margin — 13.1% vs 4.4%, a 8.7% gap on every dollar of revenue. On growth, Borr Drilling Ltd posted the faster year-over-year revenue change (-1.5% vs -4.8%).

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.

Ethan Allen Interiors Inc. is an American manufacturer and retailer of home furnishings, incorporated in Delaware with executive offices in Danbury, Connecticut. As of June 30, 2023, the company reported net annual sales of $791.4 million.

BORR vs ETD — Head-to-Head

Bigger by revenue
BORR
BORR
2.0× larger
BORR
$267.7M
$135.8M
ETD
Growing faster (revenue YoY)
BORR
BORR
+3.3% gap
BORR
-1.5%
-4.8%
ETD
Higher net margin
BORR
BORR
8.7% more per $
BORR
13.1%
4.4%
ETD

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
BORR
BORR
ETD
ETD
Revenue
$267.7M
$135.8M
Net Profit
$35.1M
$5.9M
Gross Margin
59.4%
Operating Margin
36.0%
4.8%
Net Margin
13.1%
4.4%
Revenue YoY
-1.5%
-4.8%
Net Profit YoY
10.7%
-38.2%
EPS (diluted)
$0.14
$0.23

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
ETD
ETD
Q1 26
$135.8M
Q4 25
$149.9M
Q3 25
$147.0M
Q2 25
$267.7M
$160.4M
Q1 25
$142.7M
Q4 24
$157.3M
Q3 24
$154.3M
Q2 24
$271.9M
$168.6M
Net Profit
BORR
BORR
ETD
ETD
Q1 26
$5.9M
Q4 25
$11.7M
Q3 25
$10.5M
Q2 25
$35.1M
Q1 25
$9.6M
Q4 24
$15.0M
Q3 24
$14.7M
Q2 24
$31.7M
$18.5M
Gross Margin
BORR
BORR
ETD
ETD
Q1 26
59.4%
Q4 25
60.9%
Q3 25
61.4%
Q2 25
59.9%
Q1 25
61.2%
Q4 24
60.3%
Q3 24
60.8%
Q2 24
60.8%
Operating Margin
BORR
BORR
ETD
ETD
Q1 26
4.8%
Q4 25
9.5%
Q3 25
6.8%
Q2 25
36.0%
9.5%
Q1 25
7.7%
Q4 24
11.5%
Q3 24
11.4%
Q2 24
38.4%
13.4%
Net Margin
BORR
BORR
ETD
ETD
Q1 26
4.4%
Q4 25
7.8%
Q3 25
7.1%
Q2 25
13.1%
Q1 25
6.7%
Q4 24
9.5%
Q3 24
9.5%
Q2 24
11.7%
11.0%
EPS (diluted)
BORR
BORR
ETD
ETD
Q1 26
$0.23
Q4 25
$0.46
Q3 25
$0.41
Q2 25
$0.14
$0.48
Q1 25
$0.37
Q4 24
$0.59
Q3 24
$0.57
Q2 24
$0.12
$0.73

Balance Sheet & Financial Strength

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

Metric
BORR
BORR
ETD
ETD
Cash + ST InvestmentsLiquidity on hand
$92.4M
$66.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.0B
$473.7M
Total Assets
$3.4B
$723.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BORR
BORR
ETD
ETD
Q1 26
$66.6M
Q4 25
$139.3M
Q3 25
$123.6M
Q2 25
$92.4M
$136.1M
Q1 25
$172.9M
Q4 24
$139.1M
Q3 24
$135.9M
Q2 24
$195.3M
$161.0M
Stockholders' Equity
BORR
BORR
ETD
ETD
Q1 26
$473.7M
Q4 25
$478.2M
Q3 25
$475.5M
Q2 25
$1.0B
$482.4M
Q1 25
$479.2M
Q4 24
$478.8M
Q3 24
$474.7M
Q2 24
$999.2M
$483.0M
Total Assets
BORR
BORR
ETD
ETD
Q1 26
$723.3M
Q4 25
$714.8M
Q3 25
$737.1M
Q2 25
$3.4B
$737.1M
Q1 25
$738.7M
Q4 24
$732.6M
Q3 24
$737.7M
Q2 24
$3.2B
$744.9M

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
ETD
ETD
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.

Operating Cash Flow
BORR
BORR
ETD
ETD
Q1 26
Q4 25
$-1.8M
Q3 25
$16.8M
Q2 25
$6.3M
$24.8M
Q1 25
$10.2M
Q4 24
$11.6M
Q3 24
$15.1M
Q2 24
$16.0M
$26.2M
Free Cash Flow
BORR
BORR
ETD
ETD
Q1 26
Q4 25
$-4.7M
Q3 25
$14.4M
Q2 25
$22.9M
Q1 25
$8.2M
Q4 24
$7.8M
Q3 24
$11.5M
Q2 24
$24.2M
FCF Margin
BORR
BORR
ETD
ETD
Q1 26
Q4 25
-3.2%
Q3 25
9.8%
Q2 25
14.3%
Q1 25
5.7%
Q4 24
5.0%
Q3 24
7.4%
Q2 24
14.3%
Capex Intensity
BORR
BORR
ETD
ETD
Q1 26
Q4 25
1.9%
Q3 25
1.6%
Q2 25
1.2%
Q1 25
1.4%
Q4 24
2.4%
Q3 24
2.3%
Q2 24
1.2%
Cash Conversion
BORR
BORR
ETD
ETD
Q1 26
Q4 25
-0.16×
Q3 25
1.61×
Q2 25
0.18×
Q1 25
1.06×
Q4 24
0.77×
Q3 24
1.02×
Q2 24
0.50×
1.42×

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%

ETD
ETD

Segment breakdown not available.

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