BORR vs. VAL
BORR (Borr Drilling Ltd) and VAL (Valaris Limited) are both stocks. Both are in the Energy sector — BORR in Oil & Gas Drilling, VAL in Oil & Gas Equipment & Services. Over the past 5 years, BORR returned 20.98%/yr vs 21.78%/yr for VAL. A 0.64 correlation means they provide meaningful diversification when combined.
Performance
BORR vs. VAL - Performance Comparison
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Returns By Period
In the year-to-date period, BORR achieves a 5.21% return, which is significantly lower than VAL's 55.83% return.
BORR
- 1D
- -2.30%
- 1M
- -23.19%
- YTD
- 5.21%
- 6M
- 5.74%
- 1Y
- 110.95%
- 3Y*
- -11.05%
- 5Y*
- 20.98%
- 10Y*
- —
VAL
- 1D
- -1.73%
- 1M
- -22.37%
- YTD
- 55.83%
- 6M
- 58.38%
- 1Y
- 80.80%
- 3Y*
- 11.56%
- 5Y*
- 21.78%
- 10Y*
- —
BORR vs. VAL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BORR Borr Drilling Ltd | 5.21% | 4.15% | -44.49% | 48.09% | 141.26% | 3.00% |
VAL Valaris Limited | 55.83% | 13.92% | -35.48% | 1.40% | 87.83% | 63.71% |
Correlation
The correlation between BORR and VAL is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since May 3, 2021 | 0.64 |
The correlation between BORR and VAL has been stable across timeframes, ranging from 0.64 to 0.69 - a consistent structural relationship.
Fundamentals
BORR:
$1.31B
VAL:
$5.43B
BORR:
$0.12
VAL:
$14.28
BORR:
34.97
VAL:
5.50
BORR:
0.32
VAL:
0.05
BORR:
1.19
VAL:
2.50
BORR:
1.09
VAL:
1.72
BORR:
$1.05B
VAL:
$2.21B
BORR:
$483.30M
VAL:
$493.00M
BORR:
$417.40M
VAL:
$577.30M
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Return for Risk
BORR vs. VAL — Risk / Return Rank
BORR
VAL
BORR vs. VAL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Borr Drilling Ltd (BORR) and Valaris Limited (VAL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BORR | VAL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.48 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.29 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | 2.64 | +0.44 |
| Martin ratioReturn relative to average drawdown | 10.08 | 8.64 | +1.44 |
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Drawdowns
BORR vs. VAL - Drawdown Comparison
The maximum BORR drawdown since its inception was -99.07%, which is greater than VAL's maximum drawdown of -63.82%. Use the drawdown chart below to compare losses from any high point for BORR and VAL.
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Drawdown Indicators
| BORR | VAL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.07% | -63.82% | -35.25% |
Max Drawdown (1Y)Largest decline over 1 year | -36.16% | -30.75% | -5.41% |
Max Drawdown (3Y)Largest decline over 3 years | -80.90% | -63.82% | -17.08% |
Max Drawdown (5Y)Largest decline over 5 years | -80.90% | -63.82% | -17.08% |
Current DrawdownCurrent decline from peak | -91.63% | -30.75% | -60.88% |
Average DrawdownAverage peak-to-trough decline | -88.79% | -18.81% | -69.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.11% | 9.39% | +1.72% |
Volatility
BORR vs. VAL - Volatility Comparison
Borr Drilling Ltd (BORR) has a higher volatility of 14.60% compared to Valaris Limited (VAL) at 12.44%. This indicates that BORR's price experiences larger fluctuations and is considered to be riskier than VAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BORR | VAL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.60% | 12.44% | +2.16% |
Volatility (6M)Calculated over the trailing 6-month period | 36.94% | 47.51% | -10.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.12% | 60.34% | +0.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.27% | 49.84% | +22.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 118.49% | 50.41% | +68.08% |
Dividends
BORR vs. VAL - Dividend Comparison
Neither BORR nor VAL has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BORR Borr Drilling Ltd | 0.00% | 0.50% | 7.69% |
VAL Valaris Limited | 0.00% | 0.00% | 0.00% |
Financials
BORR vs. VAL - Financials Comparison
This section allows you to compare key financial metrics between Borr Drilling Ltd and Valaris Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BORR vs. VAL - Profitability Comparison
BORR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Borr Drilling Ltd reported a gross profit of 59.80M and revenue of 247.00M. Therefore, the gross margin over that period was 24.2%.
VAL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Valaris Limited reported a gross profit of 0.00 and revenue of 465.40M. Therefore, the gross margin over that period was 0.0%.
BORR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Borr Drilling Ltd reported an operating income of 46.00M and revenue of 247.00M, resulting in an operating margin of 18.6%.
VAL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Valaris Limited reported an operating income of -2.80M and revenue of 465.40M, resulting in an operating margin of -0.6%.
BORR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Borr Drilling Ltd reported a net income of -29.00M and revenue of 247.00M, resulting in a net margin of -11.7%.
VAL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Valaris Limited reported a net income of -16.40M and revenue of 465.40M, resulting in a net margin of -3.5%.
Frequently Asked Questions
BORR and VAL have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BORR has higher volatility (14.60%) compared to VAL (12.44%). In terms of maximum drawdown, BORR dropped -99.07% vs VAL's -63.82%.
BORR currently has the higher Sharpe Ratio (1.83 vs 1.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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