BW Offshore Limited (OSL:BWO)
Norway flag Norway · Delayed Price · Currency is NOK
46.65
+0.55 (1.19%)
Jul 31, 2026, 4:25 PM CET

BW Offshore Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
486.3509.5606.7659.2774.1829.3
Revenue Growth
-17.79%-16.02%-7.96%-14.84%-6.66%-6.43%
Gross Profit
196.7240.1318305.5345.7401.3
Operating Income
98.7144.9141.2137.9123.642
Net Income
96.1134.3120.6100.4129.762.6
Earnings Per Share
0.530.740.630.520.660.33
EPS Growth
-32.05%17.46%21.15%-21.21%100.00%-

Revenue by Segment

Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
FPSO
504.5603.7653.3765.3825.2
Floating Wind
53.15.99.24.3
Eliminations
--0.1--0.4-0.2
Total
509.5606.7659.2774.1829.3

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
339.6395.2305.8361230.3274.2
Total Debt
1,6311,6281,5981,5671,2721,140
Net Cash (Debt)
-1,291-1,233-1,292-1,206-1,041-865.7
Net Cash Growth
------
Net Cash Per Share
-7.12-6.80-6.41-5.82-4.94-4.02

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
409.2409.2362.9558.7650.3510.2
Capital Expenditures
-333.1-333.1-379.9-804.5-729.5-295.4
Free Cash Flow
76.176.1-17-245.8-79.2214.8
Free Cash Flow Growth
------29.18%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
40.45%47.12%52.41%46.34%44.66%48.39%
Operating Margin
20.30%28.44%23.27%20.92%15.97%5.06%
Pretax Margin
21.02%30.48%20.97%17.19%19.34%5.66%
Profit Margin
19.62%26.34%19.75%14.81%16.73%5.66%
FCF Margin
0.00%14.94%-2.80%-37.29%-10.23%25.90%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
3.107-0.3280.1930.1400.140
Dividend Per Share Growth
1.50%-69.69%37.86%0%1.45%
Dividend Yield
6.66%72.99%118.23%65.89%53.51%43.59%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
9.040.600.370.410.400.97
Forward PE
5.695.725.491.113.754.71
P/FCF Ratio
7.791.07---0.27
PS Ratio
1.780.160.070.060.060.07