BW Offshore Limited (OSL:BWO)
Norway flag Norway · Delayed Price · Currency is NOK
39.50
+1.00 (2.60%)
Sep 11, 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 EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
521.6509.5606.7659.2774.1829.3
Revenue Growth
-8.07%-16.02%-7.96%-14.84%-6.66%-6.43%
Gross Profit
309.5347.5421.1395.7414.1452.5
Operating Income
119.7144.6140.1118.3136.9132.9
Net Income
-30.8134.3120.6100.4129.762.6
Earnings Per Share
-0.170.740.630.520.660.33
EPS Growth
-17.35%20.40%-20.55%97.21%-

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Floating Wind
3.853.15.99.24.3
FPSO
517.8504.5603.7653.3765.3825.2
Eliminations
---0.1--0.4-0.2
Total
521.6509.5606.7659.2774.1829.3

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
282.9395.2305.8361230.3274.2
Total Debt
1,6021,6281,5981,5671,2731,140
Net Cash (Debt)
-1,319-1,233-1,292-1,206-1,042-865.7
Net Cash Growth
------
Net Cash Per Share
-7.28-6.80-6.41-5.82-4.94-4.02

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
334.5409.2362.9558.7650.3510.2
Capital Expenditures
-219.1-333.1-379.9-804.5-729.5-295.4
Free Cash Flow
115.476.1-17-245.8-79.2214.8
Free Cash Flow Growth
------29.18%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
59.34%68.20%69.41%60.03%53.49%54.56%
Operating Margin
22.95%28.38%23.09%17.95%17.69%16.03%
Pretax Margin
-2.45%30.48%20.97%17.19%19.34%5.66%
Profit Margin
-5.91%26.36%19.88%15.23%16.75%7.55%
FCF Margin
22.12%14.94%-2.80%-37.29%-10.23%25.90%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
3.4530.3700.3280.1930.1400.140
Dividend Per Share Growth
1.49%13.13%69.69%37.86%0%1.45%
Dividend Yield
8.48%8.79%14.71%11.48%8.10%7.30%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
-6.073.953.983.529.31
Forward PE
4.915.725.491.113.754.71
P/FCF Ratio
6.2610.72---2.71
PS Ratio
1.391.600.790.610.590.70