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Side-by-side financial comparison of Borr Drilling Ltd (BORR) and STARZ ENTERTAINMENT CORP (STRZ). Click either name above to swap in a different company.

STARZ ENTERTAINMENT CORP is the larger business by last-quarter revenue ($320.9M vs $267.7M, roughly 1.2× Borr Drilling Ltd). Borr Drilling Ltd runs the higher net margin — 13.1% vs -16.4%, a 29.5% gap on every dollar of revenue. On growth, Borr Drilling Ltd posted the faster year-over-year revenue change (-1.5% vs -7.5%).

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.

Starz Entertainment Corp., formerly known as Lions Gate Entertainment Corporation, or simply Lionsgate, is a Canadian-American entertainment company currently headquartered in Santa Monica, California. Founded by Frank Giustra on July 10, 1997, it is/was domiciled and incorporated in Vancouver, British Columbia.

BORR vs STRZ — Head-to-Head

Bigger by revenue
STRZ
STRZ
1.2× larger
STRZ
$320.9M
$267.7M
BORR
Growing faster (revenue YoY)
BORR
BORR
+6.0% gap
BORR
-1.5%
-7.5%
STRZ
Higher net margin
BORR
BORR
29.5% more per $
BORR
13.1%
-16.4%
STRZ

Income Statement — Q2 FY2025 vs Q3 FY2025

Metric
BORR
BORR
STRZ
STRZ
Revenue
$267.7M
$320.9M
Net Profit
$35.1M
$-52.6M
Gross Margin
Operating Margin
36.0%
-10.8%
Net Margin
13.1%
-16.4%
Revenue YoY
-1.5%
-7.5%
Net Profit YoY
10.7%
-71.9%
EPS (diluted)
$0.14
$-3.15

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
STRZ
STRZ
Q3 25
$320.9M
Q2 25
$267.7M
$319.7M
Q4 24
$970.5M
Q3 24
$346.9M
Q2 24
$271.9M
$347.6M
Q4 23
$975.1M
Q3 23
$1.0B
Q2 23
$187.5M
$908.6M
Net Profit
BORR
BORR
STRZ
STRZ
Q3 25
$-52.6M
Q2 25
$35.1M
$-42.5M
Q4 24
$-21.9M
Q3 24
$-30.6M
Q2 24
$31.7M
$4.2M
Q4 23
$-106.6M
Q3 23
$-886.2M
Q2 23
$800.0K
$-70.7M
Operating Margin
BORR
BORR
STRZ
STRZ
Q3 25
-10.8%
Q2 25
36.0%
-8.4%
Q4 24
3.7%
Q3 24
-4.9%
Q2 24
38.4%
2.9%
Q4 23
-4.5%
Q3 23
-80.5%
Q2 23
31.9%
-1.8%
Net Margin
BORR
BORR
STRZ
STRZ
Q3 25
-16.4%
Q2 25
13.1%
-13.3%
Q4 24
-2.3%
Q3 24
-8.8%
Q2 24
11.7%
1.2%
Q4 23
-10.9%
Q3 23
-87.3%
Q2 23
0.4%
-7.8%
EPS (diluted)
BORR
BORR
STRZ
STRZ
Q3 25
$-3.15
Q2 25
$0.14
$-2.54
Q4 24
$-0.09
Q3 24
$-1.83
Q2 24
$0.12
$0.26
Q4 23
$-0.45
Q3 23
$-3.79
Q2 23
$0.00
$-0.31

Balance Sheet & Financial Strength

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

Metric
BORR
BORR
STRZ
STRZ
Cash + ST InvestmentsLiquidity on hand
$92.4M
$37.0M
Total DebtLower is stronger
$608.7M
Stockholders' EquityBook value
$1.0B
$663.2M
Total Assets
$3.4B
$2.0B
Debt / EquityLower = less leverage
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BORR
BORR
STRZ
STRZ
Q3 25
$37.0M
Q2 25
$92.4M
$51.6M
Q4 24
$200.5M
Q3 24
$229.6M
Q2 24
$195.3M
$192.5M
Q4 23
$283.0M
Q3 23
$223.6M
Q2 23
$83.8M
$322.7M
Total Debt
BORR
BORR
STRZ
STRZ
Q3 25
$608.7M
Q2 25
$611.7M
Q4 24
$2.4B
Q3 24
$2.1B
Q2 24
$1.5B
Q4 23
$2.2B
Q3 23
$1.9B
Q2 23
$1.9B
Stockholders' Equity
BORR
BORR
STRZ
STRZ
Q3 25
$663.2M
Q2 25
$1.0B
$712.3M
Q4 24
$-168.3M
Q3 24
$935.9M
Q2 24
$999.2M
$973.1M
Q4 23
$-325.5M
Q3 23
$-221.1M
Q2 23
$906.2M
$726.4M
Total Assets
BORR
BORR
STRZ
STRZ
Q3 25
$2.0B
Q2 25
$3.4B
$2.1B
Q4 24
$7.2B
Q3 24
$7.1B
Q2 24
$3.2B
$7.2B
Q4 23
$7.2B
Q3 23
$6.2B
Q2 23
$3.0B
$7.5B
Debt / Equity
BORR
BORR
STRZ
STRZ
Q3 25
0.92×
Q2 25
0.86×
Q4 24
Q3 24
2.24×
Q2 24
1.59×
Q4 23
Q3 23
Q2 23
2.60×

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
STRZ
STRZ
Operating Cash FlowLast quarter
$6.3M
$-26.1M
Free Cash FlowOCF − Capex
$-31.3M
FCF MarginFCF / Revenue
-9.8%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
0.18×
TTM Free Cash FlowTrailing 4 quarters
$-317.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BORR
BORR
STRZ
STRZ
Q3 25
$-26.1M
Q2 25
$6.3M
$65.4M
Q4 24
$-335.3M
Q3 24
$9.1M
Q2 24
$16.0M
$-33.5M
Q4 23
$71.1M
Q3 23
$301.1M
Q2 23
$2.4M
$29.2M
Free Cash Flow
BORR
BORR
STRZ
STRZ
Q3 25
$-31.3M
Q2 25
$58.5M
Q4 24
$-349.3M
Q3 24
$4.4M
Q2 24
$-38.4M
Q4 23
$64.7M
Q3 23
$291.7M
Q2 23
$20.3M
FCF Margin
BORR
BORR
STRZ
STRZ
Q3 25
-9.8%
Q2 25
18.3%
Q4 24
-36.0%
Q3 24
1.3%
Q2 24
-11.0%
Q4 23
6.6%
Q3 23
28.7%
Q2 23
2.2%
Capex Intensity
BORR
BORR
STRZ
STRZ
Q3 25
1.6%
Q2 25
2.2%
Q4 24
1.4%
Q3 24
1.4%
Q2 24
1.4%
Q4 23
0.7%
Q3 23
0.9%
Q2 23
1.0%
Cash Conversion
BORR
BORR
STRZ
STRZ
Q3 25
Q2 25
0.18×
Q4 24
Q3 24
Q2 24
0.50×
-7.98×
Q4 23
Q3 23
Q2 23
3.00×

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%

STRZ
STRZ

Over The Top Subscription Service OTT$222.8M69%
Linear Subscription Service$98.1M31%

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