BW Offshore Limited (OSL:BWO)
Norway flag Norway · Delayed Price · Currency is NOK
45.40
-0.10 (-0.22%)
Aug 21, 2026, 4:27 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
304.1347.5421.1395.7414.1452.5
Operating Income
113.2144.6140.1118.3136.9132.9
Net Income
96.1134.3120.6100.4129.762.6
Earnings Per Share
0.530.740.630.520.660.33
EPS Growth
-30.83%17.35%20.40%-20.55%97.21%-

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
FPSO
504.5504.5603.7653.3765.3825.2
Floating Wind
553.15.99.24.3
Eliminations
---0.1--0.4-0.2
Total
509.5509.5606.7659.2774.1829.3

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
1,6311,6281,5981,5671,2731,140
Net Cash (Debt)
-1,291-1,233-1,292-1,206-1,042-865.7
Net Cash Growth
------
Net Cash Per Share
-7.13-6.80-6.41-5.82-4.94-4.02

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
396409.2362.9558.7650.3510.2
Capital Expenditures
-284.6-333.1-379.9-804.5-729.5-295.4
Free Cash Flow
111.476.1-17-245.8-79.2214.8
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
62.53%68.20%69.41%60.03%53.49%54.56%
Operating Margin
23.28%28.38%23.09%17.95%17.69%16.03%
Pretax Margin
21.02%30.48%20.97%17.19%19.34%5.66%
Profit Margin
19.76%26.36%19.88%15.23%16.75%7.55%
FCF Margin
22.91%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
3.061-0.3280.1930.1400.140
Dividend Per Share Growth
1.50%-69.69%37.86%0%1.45%
Dividend Yield
6.74%-14.49%11.31%7.98%7.19%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
6.096.073.953.983.529.31
Forward PE
5.655.725.491.113.754.71
P/FCF Ratio
10.7210.72---2.71
PS Ratio
1.601.600.790.610.590.70