BW Energy Limited (OSL:BWE)
Norway flag Norway · Delayed Price · Currency is NOK
47.85
+0.05 (0.10%)
Nov 12, 2026, 4:25 PM CET

BW Energy Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
711.8778.3783.9488.9277.6271.5
Revenue Growth
-20.58%-0.71%60.34%76.12%2.25%69.37%
Gross Profit
381.7394.6446.1222.6154.2147.2
Operating Income
155.1216.5276.5141.594.198.4
Net Income
79.1133.1165.9814552
Earnings Per Share
0.300.510.640.310.170.20
EPS Growth
-53.50%-20.31%103.85%84.68%-15.00%-

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
200.3150.5221.8194.2210.8150.9
Total Debt
1,380985.8692.9519.4420.9233.2
Net Cash (Debt)
-1,180-835.3-471.1-325.2-210.1-82.3
Net Cash Growth
------
Net Cash Per Share
-4.54-3.23-1.83-1.26-0.81-0.32

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
265.7315347.7181168.5108.9
Capital Expenditures
-422.5-334.8-306.6-273.4-182-40.7
Free Cash Flow
-156.8-19.841.1-92.4-13.568.2
Free Cash Flow Growth
------

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
53.63%50.70%56.91%45.53%55.55%54.22%
Operating Margin
21.79%27.82%35.27%28.94%33.90%36.24%
Pretax Margin
18.92%24.12%29.35%25.06%30.19%32.71%
Profit Margin
11.11%17.10%21.16%16.57%16.21%19.15%
FCF Margin
-22.03%-2.54%5.24%-18.90%-4.86%25.12%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
16.659.053.618.4814.6311.32
Forward PE
9.2817.922.642.562.5325.35
P/FCF Ratio
--14.57--8.63
PS Ratio
1.811.550.761.412.372.17