Elkem ASA (OSL:ELK)
Norway flag Norway · Delayed Price · Currency is NOK
33.58
+0.12 (0.36%)
Aug 24, 2026, 4:29 PM CET

Elkem ASA Financials Overview

Millions NOK. 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
16,07416,53517,81021,13445,01733,083
Revenue Growth
0.01%-7.16%-15.73%-53.05%36.07%37.70%
Gross Profit
8,0228,9049,49710,30923,04117,098
Operating Income
6251,3631,4093,23611,7265,655
Net Income
-889-668488729,5614,628
Earnings Per Share
-1.52-1.060.770.1115.047.44
EPS Growth
--605.36%-99.27%102.15%1714.63%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Other
971811651385504641
Carbon Solutions
3,0183,2583,6234,2093,7472,172
Silicon Products (Including Foundry Products)
13,20313,54314,48317,51323,94814,363
Eliminations
-1,119-1,077-947-972-2,319-1,404
Total
16,07316,53517,81021,13545,01833,084

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
4,8762,7094,4016,3709,2557,040
Total Debt
11,47012,04012,99416,37112,38312,534
Net Cash (Debt)
-6,594-9,331-8,593-10,001-3,128-5,494
Net Cash Growth
------
Net Cash Per Share
-11.26-14.70-13.55-15.73-4.92-8.83

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
2,2071,1762,0302,7699,3144,913
Capital Expenditures
-1,641-2,359-3,398-4,988-4,213-3,266
Free Cash Flow
566-1,183-1,368-2,2195,1011,647
Free Cash Flow Growth
----209.72%-

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
49.91%53.85%53.32%48.78%51.18%51.68%
Operating Margin
3.89%8.24%7.91%15.31%26.05%17.09%
Pretax Margin
3.15%3.23%8.57%13.62%27.18%17.61%
Profit Margin
-5.53%-4.04%2.74%0.34%21.24%13.99%
FCF Margin
3.52%-7.16%-7.68%-10.50%11.33%4.98%

Dividends

Fiscal YearFY 2024FY 2023FY 2022FY 2021
Period EndingDec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.300-6.0003.000
Dividend Per Share Growth
--100.00%1900.00%
Dividend Yield
1.75%-20.86%13.27%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
71.75-22.77186.292.344.07
Forward PE
13.9923.329.7133.655.295.31
P/FCF Ratio
21.51---4.3811.44
PS Ratio
0.761.170.620.640.500.57