Borr Drilling Ltd Annual Income Tax Expense (Benefit) in USD from 2017 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Borr Drilling Ltd quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2017 to 2023.
  • Borr Drilling Ltd Income Tax Expense (Benefit) for the quarter ending June 30, 2024 was $14.9M, a 11.2% increase year-over-year.
  • Borr Drilling Ltd annual Income Tax Expense (Benefit) for 2023 was $34M, a 84.8% increase from 2022.
  • Borr Drilling Ltd annual Income Tax Expense (Benefit) for 2022 was $18.4M, a 89.7% increase from 2021.
  • Borr Drilling Ltd annual Income Tax Expense (Benefit) for 2021 was $9.7M, a 40.1% decline from 2020.
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $34M +$15.6M +84.8% Jan 1, 2023 Dec 31, 2023 20-F 2024-03-27
2022 $18.4M +$8.7M +89.7% Jan 1, 2022 Dec 31, 2022 20-F 2024-03-27
2021 $9.7M -$6.5M -40.1% Jan 1, 2021 Dec 31, 2021 20-F 2024-03-27
2020 $16.2M +$5M +44.6% Jan 1, 2020 Dec 31, 2020 20-F 2023-03-30
2019 $11.2M +$8.7M +348% Jan 1, 2019 Dec 31, 2019 20-F 2022-04-11
2018 $2.5M +$2.5M Jan 1, 2018 Dec 31, 2018 20-F 2021-04-30
2017 $0 Jan 1, 2017 Dec 31, 2017 20-F 2020-06-16
* An asterisk sign (*) next to the value indicates that the value is likely invalid.