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Side-by-side financial comparison of Borr Drilling Ltd (BORR) and FRANKLIN ELECTRIC CO INC (FELE). Click either name above to swap in a different company.

FRANKLIN ELECTRIC CO INC is the larger business by last-quarter revenue ($500.4M vs $267.7M, roughly 1.9× Borr Drilling Ltd). Borr Drilling Ltd runs the higher net margin — 13.1% vs 6.9%, a 6.2% gap on every dollar of revenue. On growth, FRANKLIN ELECTRIC CO INC posted the faster year-over-year revenue change (9.9% 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.

Franklin Electric Co., Inc. is a manufacturer and distributor of products and systems focused on the movement and management of water and energy. The company offers pumps, motors, drives, and controls for use in a variety of residential, commercial, agricultural, industrial, and municipal applications. Headquartered in Fort Wayne, Indiana, the company also operates manufacturing facilities in the United States, Germany, Czech Republic, Italy, Turkey, Mexico, Brazil, Australia, South Africa, C...

BORR vs FELE — Head-to-Head

Bigger by revenue
FELE
FELE
1.9× larger
FELE
$500.4M
$267.7M
BORR
Growing faster (revenue YoY)
FELE
FELE
+11.5% gap
FELE
9.9%
-1.5%
BORR
Higher net margin
BORR
BORR
6.2% more per $
BORR
13.1%
6.9%
FELE

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
BORR
BORR
FELE
FELE
Revenue
$267.7M
$500.4M
Net Profit
$35.1M
$34.7M
Gross Margin
35.0%
Operating Margin
36.0%
9.6%
Net Margin
13.1%
6.9%
Revenue YoY
-1.5%
9.9%
Net Profit YoY
10.7%
10.6%
EPS (diluted)
$0.14
$0.77

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
FELE
FELE
Q1 26
$500.4M
Q4 25
$506.9M
Q3 25
$581.7M
Q2 25
$267.7M
$587.4M
Q1 25
$455.2M
Q4 24
$485.7M
Q3 24
$531.4M
Q2 24
$271.9M
$543.3M
Net Profit
BORR
BORR
FELE
FELE
Q1 26
$34.7M
Q4 25
$39.3M
Q3 25
$16.7M
Q2 25
$35.1M
$60.1M
Q1 25
$31.0M
Q4 24
$33.7M
Q3 24
$54.6M
Q2 24
$31.7M
$59.1M
Gross Margin
BORR
BORR
FELE
FELE
Q1 26
35.0%
Q4 25
33.8%
Q3 25
35.9%
Q2 25
36.1%
Q1 25
36.0%
Q4 24
33.8%
Q3 24
35.7%
Q2 24
36.8%
Operating Margin
BORR
BORR
FELE
FELE
Q1 26
9.6%
Q4 25
10.2%
Q3 25
14.6%
Q2 25
36.0%
15.0%
Q1 25
9.7%
Q4 24
8.9%
Q3 24
13.8%
Q2 24
38.4%
14.6%
Net Margin
BORR
BORR
FELE
FELE
Q1 26
6.9%
Q4 25
7.7%
Q3 25
2.9%
Q2 25
13.1%
10.2%
Q1 25
6.8%
Q4 24
6.9%
Q3 24
10.3%
Q2 24
11.7%
10.9%
EPS (diluted)
BORR
BORR
FELE
FELE
Q1 26
$0.77
Q4 25
$0.87
Q3 25
$0.37
Q2 25
$0.14
$1.31
Q1 25
$0.67
Q4 24
$0.73
Q3 24
$1.17
Q2 24
$0.12
$1.26

Balance Sheet & Financial Strength

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

Metric
BORR
BORR
FELE
FELE
Cash + ST InvestmentsLiquidity on hand
$92.4M
$80.4M
Total DebtLower is stronger
$134.4M
Stockholders' EquityBook value
$1.0B
$1.3B
Total Assets
$3.4B
$2.0B
Debt / EquityLower = less leverage
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BORR
BORR
FELE
FELE
Q1 26
$80.4M
Q4 25
$99.7M
Q3 25
$102.9M
Q2 25
$92.4M
$104.6M
Q1 25
$84.0M
Q4 24
$220.5M
Q3 24
$106.3M
Q2 24
$195.3M
$58.1M
Total Debt
BORR
BORR
FELE
FELE
Q1 26
$134.4M
Q4 25
$135.2M
Q3 25
$135.2M
Q2 25
$14.5M
Q1 25
$14.9M
Q4 24
$11.6M
Q3 24
$11.6M
Q2 24
$87.2M
Stockholders' Equity
BORR
BORR
FELE
FELE
Q1 26
$1.3B
Q4 25
$1.3B
Q3 25
$1.3B
Q2 25
$1.0B
$1.3B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.3B
Q2 24
$999.2M
$1.2B
Total Assets
BORR
BORR
FELE
FELE
Q1 26
$2.0B
Q4 25
$1.9B
Q3 25
$2.0B
Q2 25
$3.4B
$2.0B
Q1 25
$1.9B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$3.2B
$1.8B
Debt / Equity
BORR
BORR
FELE
FELE
Q1 26
0.10×
Q4 25
0.10×
Q3 25
0.10×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.01×
Q3 24
0.01×
Q2 24
0.07×

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
FELE
FELE
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
FELE
FELE
Q1 26
Q4 25
$104.2M
Q3 25
$102.7M
Q2 25
$6.3M
$51.5M
Q1 25
$-19.5M
Q4 24
$110.3M
Q3 24
$116.1M
Q2 24
$16.0M
$36.4M
Free Cash Flow
BORR
BORR
FELE
FELE
Q1 26
Q4 25
$88.7M
Q3 25
$91.3M
Q2 25
$39.9M
Q1 25
$-26.3M
Q4 24
$97.5M
Q3 24
$106.6M
Q2 24
$26.1M
FCF Margin
BORR
BORR
FELE
FELE
Q1 26
Q4 25
17.5%
Q3 25
15.7%
Q2 25
6.8%
Q1 25
-5.8%
Q4 24
20.1%
Q3 24
20.1%
Q2 24
4.8%
Capex Intensity
BORR
BORR
FELE
FELE
Q1 26
Q4 25
3.1%
Q3 25
2.0%
Q2 25
2.0%
Q1 25
1.5%
Q4 24
2.6%
Q3 24
1.8%
Q2 24
1.9%
Cash Conversion
BORR
BORR
FELE
FELE
Q1 26
Q4 25
2.65×
Q3 25
6.14×
Q2 25
0.18×
0.86×
Q1 25
-0.63×
Q4 24
3.28×
Q3 24
2.13×
Q2 24
0.50×
0.62×

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%

FELE
FELE

Segment breakdown not available.

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