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Side-by-side financial comparison of Borr Drilling Ltd (BORR) and FULTON FINANCIAL CORP (FULT). Click either name above to swap in a different company.
FULTON FINANCIAL CORP is the larger business by last-quarter revenue ($336.2M vs $267.7M, roughly 1.3× Borr Drilling Ltd). FULTON FINANCIAL CORP runs the higher net margin — 28.2% vs 13.1%, a 15.1% gap on every dollar of revenue. On growth, FULTON FINANCIAL CORP posted the faster year-over-year revenue change (4.2% 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.
Fulton Financial Corporation is an American regional financial services holding company, headquartered in Lancaster, Pennsylvania.
BORR vs FULT — Head-to-Head
Income Statement — Q2 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $267.7M | $336.2M |
| Net Profit | $35.1M | $94.8M |
| Gross Margin | — | — |
| Operating Margin | 36.0% | — |
| Net Margin | 13.1% | 28.2% |
| Revenue YoY | -1.5% | 4.2% |
| Net Profit YoY | 10.7% | 1.9% |
| EPS (diluted) | $0.14 | $0.55 |
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 | — | $336.2M | ||
| Q4 25 | — | $336.0M | ||
| Q3 25 | — | $334.6M | ||
| Q2 25 | $267.7M | $324.1M | ||
| Q1 25 | — | $318.4M | ||
| Q4 24 | — | $319.6M | ||
| Q3 24 | — | $317.7M | ||
| Q2 24 | $271.9M | $334.7M |
| Q1 26 | — | $94.8M | ||
| Q4 25 | — | $99.0M | ||
| Q3 25 | — | $100.5M | ||
| Q2 25 | $35.1M | $99.2M | ||
| Q1 25 | — | $93.0M | ||
| Q4 24 | — | $68.6M | ||
| Q3 24 | — | $63.2M | ||
| Q2 24 | $31.7M | $95.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 35.7% | ||
| Q3 25 | — | 38.2% | ||
| Q2 25 | 36.0% | 37.8% | ||
| Q1 25 | — | 36.1% | ||
| Q4 24 | — | 27.0% | ||
| Q3 24 | — | 25.1% | ||
| Q2 24 | 38.4% | 30.8% |
| Q1 26 | — | 28.2% | ||
| Q4 25 | — | 29.5% | ||
| Q3 25 | — | 30.0% | ||
| Q2 25 | 13.1% | 30.6% | ||
| Q1 25 | — | 29.2% | ||
| Q4 24 | — | 21.5% | ||
| Q3 24 | — | 19.9% | ||
| Q2 24 | 11.7% | 28.4% |
| Q1 26 | — | $0.55 | ||
| Q4 25 | — | $0.53 | ||
| Q3 25 | — | $0.53 | ||
| Q2 25 | $0.14 | $0.53 | ||
| Q1 25 | — | $0.49 | ||
| Q4 24 | — | $0.36 | ||
| Q3 24 | — | $0.33 | ||
| Q2 24 | $0.12 | $0.52 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.0B | $3.5B |
| Total Assets | $3.4B | $32.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $92.4M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $195.3M | — |
| Q1 26 | — | $3.5B | ||
| Q4 25 | — | $3.5B | ||
| Q3 25 | — | $3.4B | ||
| Q2 25 | $1.0B | $3.3B | ||
| Q1 25 | — | $3.3B | ||
| Q4 24 | — | $3.2B | ||
| Q3 24 | — | $3.2B | ||
| Q2 24 | $999.2M | $3.1B |
| Q1 26 | — | $32.2B | ||
| Q4 25 | — | $32.1B | ||
| Q3 25 | — | $32.0B | ||
| Q2 25 | $3.4B | $32.0B | ||
| Q1 25 | — | $32.1B | ||
| Q4 24 | — | $32.1B | ||
| Q3 24 | — | $32.2B | ||
| Q2 24 | $3.2B | $31.8B |
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 | — | $304.5M | ||
| Q3 25 | — | $116.1M | ||
| Q2 25 | $6.3M | $91.7M | ||
| Q1 25 | — | $703.0K | ||
| Q4 24 | — | $416.6M | ||
| Q3 24 | — | $-22.0M | ||
| Q2 24 | $16.0M | $157.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.08× | ||
| Q3 25 | — | 1.16× | ||
| Q2 25 | 0.18× | 0.92× | ||
| Q1 25 | — | 0.01× | ||
| Q4 24 | — | 6.07× | ||
| Q3 24 | — | -0.35× | ||
| Q2 24 | 0.50× | 1.66× |
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% |
FULT
Segment breakdown not available.
