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

Root, Inc. is the larger business by last-quarter revenue ($397.0M vs $267.7M, roughly 1.5× Borr Drilling Ltd). On growth, Root, Inc. posted the faster year-over-year revenue change (21.5% 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.

Root Insurance Company is an online car insurance company operating in the United States.

BORR vs ROOT — Head-to-Head

Bigger by revenue
ROOT
ROOT
1.5× larger
ROOT
$397.0M
$267.7M
BORR
Growing faster (revenue YoY)
ROOT
ROOT
+23.1% gap
ROOT
21.5%
-1.5%
BORR

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BORR
BORR
ROOT
ROOT
Revenue
$267.7M
$397.0M
Net Profit
$35.1M
Gross Margin
Operating Margin
36.0%
2.6%
Net Margin
13.1%
Revenue YoY
-1.5%
21.5%
Net Profit YoY
10.7%
EPS (diluted)
$0.14
$0.35

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
ROOT
ROOT
Q4 25
$397.0M
Q3 25
$387.8M
Q2 25
$267.7M
$382.9M
Q1 25
$349.4M
Q4 24
$326.7M
Q3 24
$305.7M
Q2 24
$271.9M
$289.2M
Q1 24
$254.9M
Net Profit
BORR
BORR
ROOT
ROOT
Q4 25
Q3 25
$-5.4M
Q2 25
$35.1M
$22.0M
Q1 25
$18.4M
Q4 24
Q3 24
$22.8M
Q2 24
$31.7M
$-7.8M
Q1 24
$-6.2M
Operating Margin
BORR
BORR
ROOT
ROOT
Q4 25
2.6%
Q3 25
0.1%
Q2 25
36.0%
7.1%
Q1 25
6.8%
Q4 24
10.7%
Q3 24
11.3%
Q2 24
38.4%
1.3%
Q1 24
2.1%
Net Margin
BORR
BORR
ROOT
ROOT
Q4 25
Q3 25
-1.4%
Q2 25
13.1%
5.7%
Q1 25
5.3%
Q4 24
Q3 24
7.5%
Q2 24
11.7%
-2.7%
Q1 24
-2.4%
EPS (diluted)
BORR
BORR
ROOT
ROOT
Q4 25
$0.35
Q3 25
$-0.35
Q2 25
$0.14
$1.29
Q1 25
$1.07
Q4 24
$1.42
Q3 24
$1.35
Q2 24
$0.12
$-0.52
Q1 24
$-0.42

Balance Sheet & Financial Strength

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

Metric
BORR
BORR
ROOT
ROOT
Cash + ST InvestmentsLiquidity on hand
$92.4M
$669.3M
Total DebtLower is stronger
$200.3M
Stockholders' EquityBook value
$1.0B
$284.3M
Total Assets
$3.4B
$1.7B
Debt / EquityLower = less leverage
0.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BORR
BORR
ROOT
ROOT
Q4 25
$669.3M
Q3 25
$653.3M
Q2 25
$92.4M
$641.4M
Q1 25
$609.4M
Q4 24
$599.3M
Q3 24
$674.8M
Q2 24
$195.3M
$667.2M
Q1 24
$640.5M
Total Debt
BORR
BORR
ROOT
ROOT
Q4 25
$200.3M
Q3 25
$200.4M
Q2 25
$200.1M
Q1 25
$200.0M
Q4 24
$200.1M
Q3 24
$300.9M
Q2 24
$300.1M
Q1 24
$299.3M
Stockholders' Equity
BORR
BORR
ROOT
ROOT
Q4 25
$284.3M
Q3 25
$265.0M
Q2 25
$1.0B
$244.5M
Q1 25
$228.7M
Q4 24
$203.7M
Q3 24
$181.9M
Q2 24
$999.2M
$151.3M
Q1 24
$165.7M
Total Assets
BORR
BORR
ROOT
ROOT
Q4 25
$1.7B
Q3 25
$1.6B
Q2 25
$3.4B
$1.6B
Q1 25
$1.6B
Q4 24
$1.5B
Q3 24
$1.6B
Q2 24
$3.2B
$1.5B
Q1 24
$1.4B
Debt / Equity
BORR
BORR
ROOT
ROOT
Q4 25
0.70×
Q3 25
0.76×
Q2 25
0.82×
Q1 25
0.87×
Q4 24
0.98×
Q3 24
1.65×
Q2 24
1.98×
Q1 24
1.81×

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
ROOT
ROOT
Operating Cash FlowLast quarter
$6.3M
$206.5M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
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
ROOT
ROOT
Q4 25
$206.5M
Q3 25
$57.6M
Q2 25
$6.3M
$52.0M
Q1 25
$26.8M
Q4 24
$195.7M
Q3 24
$49.4M
Q2 24
$16.0M
$62.6M
Q1 24
$14.5M
Free Cash Flow
BORR
BORR
ROOT
ROOT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$195.3M
Q3 24
Q2 24
$62.4M
Q1 24
$14.3M
FCF Margin
BORR
BORR
ROOT
ROOT
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
59.8%
Q3 24
Q2 24
21.6%
Q1 24
5.6%
Capex Intensity
BORR
BORR
ROOT
ROOT
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.1%
Q3 24
0.0%
Q2 24
0.1%
Q1 24
0.1%
Cash Conversion
BORR
BORR
ROOT
ROOT
Q4 25
Q3 25
Q2 25
0.18×
2.36×
Q1 25
1.46×
Q4 24
Q3 24
2.17×
Q2 24
0.50×
Q1 24

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%

ROOT
ROOT

Segment breakdown not available.

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