BW Offshore Limited (OSL:BWO)
Norway flag Norway · Delayed Price · Currency is NOK
39.80
+0.70 (1.79%)
Oct 23, 2026, 4:25 PM CEST

BW Offshore Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 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 Year
TTMFY 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 Year
CurrentFY 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 Year
TTMFY 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 Year
TTMFY 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 Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '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
8.68%8.23%12.42%8.73%5.55%4.34%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
-6.073.953.983.529.31
Forward PE
4.935.725.491.113.754.71
P/FCF Ratio
6.3110.72---2.71
PS Ratio
1.401.600.790.610.590.70