Odfjell SE Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,115	1,249	1,194	1,310	1,038
Revenue Growth (YoY)	-10.67%	4.58%	-8.82%	26.12%	10.57%
Cost of Revenue	661.5	669.27	681.6	865.52	745.11
Gross Profit	453.9	579.33	512.38	444.02	293.25
Selling, General & Admin	85.4	73.81	70.39	73.71	59.34
Other Operating Expenses	-	-	-	1.74	-6.2
Operating Expenses	241.7	235.14	228.51	236.66	233.04
Operating Income	212.2	344.19	283.86	207.36	60.21
Interest Expense	-70.2	-81.47	-95.3	-81.89	-75.55
Interest & Investment Income	5.3	6.85	5.91	4.48	0.61
Earnings From Equity Investments	9.2	11.29	8.84	12.69	5.12
Currency Exchange Gain (Loss)	-3.3	7.81	-11.29	21.51	8.19
Other Non Operating Income (Expenses)	0.4	-7.93	16.67	-23.27	-10.47
EBT Excluding Unusual Items	153.6	280.74	208.69	140.89	-11.89
Gain (Loss) on Sale of Assets	3.3	0.02	1.19	3.81	3.2
Asset Writedown	-	-1.02	-	-	-21.09
Pretax Income	156.9	279.74	209.88	144.7	-29.77
Income Tax Expense	1.6	1.93	6.58	3.09	3.44
Net Income	155.3	277.81	203.3	141.61	-33.21
Net Income to Common	155.3	277.81	203.3	141.61	-33.21
Net Income Growth	-44.10%	36.65%	43.57%	-	-
Shares Outstanding (Basic)	79	79	79	79	79
Shares Outstanding (Diluted)	79	79	79	79	79
Shares Change (YoY)	0.06%	0.05%	0.06%	0.09%	0.33%
EPS (Basic)	1.96	3.51	2.57	1.79	-0.42
EPS (Diluted)	1.96	3.51	2.57	1.79	-0.42
EPS Growth	-44.13%	36.58%	43.48%	-	-
Free Cash Flow	193.6	328.45	242.02	251.31	118.25
Free Cash Flow Per Share	2.45	4.16	3.06	3.18	1.50
Dividend Per Share	0.980	1.780	1.250	0.800	0.100
Dividend Growth	-44.94%	42.40%	56.25%	700.00%	-
Gross Margin	40.69%	46.40%	42.91%	33.91%	28.24%
Operating Margin	19.02%	27.57%	23.77%	15.83%	5.80%
Profit Margin	13.92%	22.25%	17.03%	10.81%	-3.20%
Free Cash Flow Margin	17.36%	26.31%	20.27%	19.19%	11.39%
EBITDA	312	438.56	376.24	305.84	176.68
EBITDA Margin	27.97%	35.12%	31.51%	23.36%	17.02%
D&A For EBITDA	99.8	94.37	92.38	98.48	116.46
EBIT	212.2	344.19	283.86	207.36	60.21
EBIT Margin	19.02%	27.57%	23.77%	15.83%	5.80%
Effective Tax Rate	1.02%	0.69%	3.13%	2.14%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.