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Side-by-side financial comparison of Borr Drilling Ltd (BORR) and Jefferson Capital, Inc. (JCAP). Click either name above to swap in a different company.

Borr Drilling Ltd is the larger business by last-quarter revenue ($267.7M vs $150.8M, roughly 1.8× Jefferson Capital, Inc.). Jefferson Capital, Inc. runs the higher net margin — 25.4% vs 13.1%, a 12.3% gap on every dollar of revenue.

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.

GE Capital was the financial services division of General Electric. Its various units were sold between 2013 and 2021, including the notable spin-off of the North American consumer finance division as Synchrony Financial. Ultimately, only one division of the company remained, GE Energy Financial Services, which was transferred to GE Vernova when General Electric was broken up.

BORR vs JCAP — Head-to-Head

Bigger by revenue
BORR
BORR
1.8× larger
BORR
$267.7M
$150.8M
JCAP
Higher net margin
JCAP
JCAP
12.3% more per $
JCAP
25.4%
13.1%
BORR

Income Statement — Q2 FY2025 vs Q3 FY2025

Metric
BORR
BORR
JCAP
JCAP
Revenue
$267.7M
$150.8M
Net Profit
$35.1M
$38.4M
Gross Margin
Operating Margin
36.0%
46.4%
Net Margin
13.1%
25.4%
Revenue YoY
-1.5%
Net Profit YoY
10.7%
EPS (diluted)
$0.14
$0.59

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
JCAP
JCAP
Q3 25
$150.8M
Q2 25
$267.7M
$152.7M
Q2 24
$271.9M
Q2 23
$187.5M
Q2 22
$105.3M
Net Profit
BORR
BORR
JCAP
JCAP
Q3 25
$38.4M
Q2 25
$35.1M
$47.7M
Q2 24
$31.7M
Q2 23
$800.0K
Q2 22
$-165.3M
Operating Margin
BORR
BORR
JCAP
JCAP
Q3 25
46.4%
Q2 25
36.0%
56.7%
Q2 24
38.4%
Q2 23
31.9%
Q2 22
-116.8%
Net Margin
BORR
BORR
JCAP
JCAP
Q3 25
25.4%
Q2 25
13.1%
31.2%
Q2 24
11.7%
Q2 23
0.4%
Q2 22
-157.0%
EPS (diluted)
BORR
BORR
JCAP
JCAP
Q3 25
$0.59
Q2 25
$0.14
$16.76
Q2 24
$0.12
Q2 23
$0.00
Q2 22
$-1.09

Balance Sheet & Financial Strength

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

Metric
BORR
BORR
JCAP
JCAP
Cash + ST InvestmentsLiquidity on hand
$92.4M
$42.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.0B
$437.4M
Total Assets
$3.4B
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BORR
BORR
JCAP
JCAP
Q3 25
$42.3M
Q2 25
$92.4M
$51.7M
Q2 24
$195.3M
Q2 23
$83.8M
Q2 22
$29.7M
Total Debt
BORR
BORR
JCAP
JCAP
Q3 25
Q2 25
Q2 24
Q2 23
Q2 22
$281.8M
Stockholders' Equity
BORR
BORR
JCAP
JCAP
Q3 25
$437.4M
Q2 25
$1.0B
$410.8M
Q2 24
$999.2M
Q2 23
$906.2M
Q2 22
$711.5M
Total Assets
BORR
BORR
JCAP
JCAP
Q3 25
$1.8B
Q2 25
$3.4B
$1.8B
Q2 24
$3.2B
Q2 23
$3.0B
Q2 22
$3.0B
Debt / Equity
BORR
BORR
JCAP
JCAP
Q3 25
Q2 25
Q2 24
Q2 23
Q2 22
0.40×

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
JCAP
JCAP
Operating Cash FlowLast quarter
$6.3M
$63.1M
Free Cash FlowOCF − Capex
$63.0M
FCF MarginFCF / Revenue
41.7%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
0.18×
1.64×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BORR
BORR
JCAP
JCAP
Q3 25
$63.1M
Q2 25
$6.3M
$130.6M
Q2 24
$16.0M
Q2 23
$2.4M
Q2 22
$-8.5M
Free Cash Flow
BORR
BORR
JCAP
JCAP
Q3 25
$63.0M
Q2 25
$130.0M
Q2 24
Q2 23
Q2 22
FCF Margin
BORR
BORR
JCAP
JCAP
Q3 25
41.7%
Q2 25
85.1%
Q2 24
Q2 23
Q2 22
Capex Intensity
BORR
BORR
JCAP
JCAP
Q3 25
0.1%
Q2 25
0.4%
Q2 24
Q2 23
Q2 22
Cash Conversion
BORR
BORR
JCAP
JCAP
Q3 25
1.64×
Q2 25
0.18×
2.74×
Q2 24
0.50×
Q2 23
3.00×
Q2 22

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%

JCAP
JCAP

United States Segment$108.1M72%
Other$35.8M24%
United Kingdom Segment$6.9M5%

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