YOLFTbeta
Cadeler A/S

Cadeler A/S

CDLR · NYSE · Industrials / Engineering & Construction

6.65USD-0.28 (-4.04%)

Price History

Full chart

Market Stats

Previous Close6.93
Open6.70
Day Range6.61 – 6.74
52-Week Range6.44 – 32.81
Volume341.94K
Market Cap2.34B
P/E (TTM)10.79
Forward P/E1.57
EPS0.61
Dividend Yield0.00%
Beta0.70
50-Day Avg22.74
200-Day Avg24.08

About

Cadeler plc, together with its subsidiaries, operates as an offshore wind installation vessel contractor in Denmark, the United Kingdom, Germany, Poland, rest of Europe, the United States, and Taiwan. The company engages in the transport and installation of offshore wind turbine generators, foundations, and topsides and substations; maintenance of offshore wind turbine generators, and offshore structures and platforms; and offshore construction within renewable space. It also involved offshore decommissioning within renewable space; salvage assistance; and heavy lift and project cargo. In addition, the company owns and operates ten offshore jack-up windfarm installation vessels. Further, it also provides hydraulic pile driving solutions. Cadeler plc was incorporated in 2008 and is based in Norwich, United Kingdom.

Company Details

  • SectorIndustrials
  • IndustryEngineering & Construction
  • CEOMr. Mikkel Gleerup
  • Employees1.13K
  • HeadquartersAvocet Court, Norwich, United Kingdom, NR7 0HR, USA
  • Websitehttps://www.cadeler.com

Leadership

  • Mr. Mikkel GleerupCEO & Member of the Executive Board · b. 1978
  • Mr. Peter Brogaard HansenCFO & Member of Executive Board · b. 1965
  • Mr. Jacob Heinricy JensenCOO & Member of Executive Board
  • Mr. Peter Kragh JacobsenChief Technical Officer
  • Mr. Alexander W. Simmonds J.D.Executive VP & Chief Legal Officer
  • Ms. Sarah GrimmerChief Sales Officer
  • Ms. Rikke Kruse KolbyChief People & Culture Officer
  • Mr. Jacob GregersenChief Growth Officer
  • Mario RobayoHead of Finance
  • Ms. Lola Caballero LaportaChief Sustainability & Performance Officer

Financials

Income Statement

Currency: EUR2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue71.04M44.94M71.93M38.38M19.50M60.94M106.42M108.62M248.74M595.87M
Growth (%)--36.74%+60.04%-46.64%-49.19%+212.49%+74.64%+2.07%+128.99%+139.56%
Cost of Revenue58.08M49.89M65.52M44.80M45.94M39.02M50.33M55.98M127.25M230.82M
Gross Profit12.96M-4.95M6.40M-6.42M-26.44M21.91M56.09M52.64M121.49M365.05M
Gross Margin18.24%-11.00%8.90%-16.73%-135.57%35.96%52.71%48.46%48.84%61.26%
Operating Expense2.95M3.19M3.84M7.22M9.48M10.78M14.90M38.20M52.05M68.27M
Operating Income10.01M-8.13M2.56M-13.64M-35.91M11.13M41.19M14.44M69.44M296.78M
Operating Margin14.09%-18.10%3.56%-35.55%-184.16%18.27%38.70%13.30%27.92%49.81%
EBITDA10.02M-8.13M18.12M2.00M-20.42M27.36M59.75M50.20M126.87M407.01M
EBITDA Margin14.11%-18.10%25.20%5.21%-104.72%44.89%56.15%46.21%51.00%68.30%
Net Income7.11M-6.38M918.97K-23.76M-27.03M7.45M35.54M11.50M65.07M269.13M
Net Income Margin10.01%-14.20%1.28%-61.91%-138.62%12.23%33.40%10.59%26.16%45.17%
Interest Expense856.28K65.69K5.68M5.66M4.29M3.44M1.53M2.88M2.80M22.98M
Interest Expense % of Total Revenue1.21%0.15%7.90%14.75%22.01%5.65%1.44%2.65%1.12%3.86%

Balance Sheet

Currency: EUR2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets29.44M149.73M134.84M268.03M336.81M424.77M670.03M1.25B1.94B3.42B
Total Liabilities5.92M132.72M124.18M124.27M95.75M99.51M129.46M293.52M703.12M1.91B
Total Equity23.53M17.00M10.66M-13.10M241.06M325.26M540.57M959.04M1.23B1.50B
Cash807.05797.00K397.00K1.24M63.64M2.31M19.01M96.61M58.46M151.61M
Total Debt-123.94M115.63M114.32M74.29M73.58M115.28M206.56M581.99M1.62B
Net Debt-807123.14M115.23M113.07M10.66M71.27M96.27M109.96M523.52M1.47B

Cash Flow

Currency: EUR2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow--12.15M-2.01M-9.60M30.20M29.04M63.38M93.10M324.40M
Investing Cash Flow--28.00K-64.00K-256.14M-163.38M-225.41M-54.73M-615.75M-1.21B
Financing Cash Flow---12.58M2.92M338.81M71.85M213.07M70.27M481.99M983.74M
Capital Expenditure00172.00K64.00K256.14M163.38M225.41M66.93M615.95M1.19B
Free Cash Flow--11.98M-2.08M-265.74M-133.18M-196.37M-3.55M-522.85M-862.50M
Dividends Paid-----00000
FCF to OCF--98.58%103.18%2768.94%-440.98%-676.31%-5.60%-561.60%-265.88%
Dividend Paid to FCF-----0.00%0.00%0.00%0.00%0.00%

Earnings

Report DateNov 29, 2023Mar 26, 2024May 28, 2024Aug 27, 2024Nov 26, 2024Mar 25, 2025May 21, 2025Aug 26, 2025Nov 20, 2025Mar 31, 2026May 20, 2026Aug 25, 2026Nov 19, 2026
EPS Estimate-0.00--0.450.28-------
EPS Actual0.13-0.40-0.260.260.340.480.012.190.850.63-0.021.16-
Surprise-----24.44%71.43%-------
Timing-Pre-marketPre-marketPre-marketPre-marketPre-market-----Pre-market-

Key Statistics & Ratios

Market Cap2.34B
Enterprise Value3.97B
Trailing P/E10.79
Forward P/E1.57
Price / Sales3.21
Price / Book1.22
EPS0.61
Book Value5.16
Revenue (TTM)729.35M
Gross Profit (TTM)342.99M
EBITDA418.08M
Profit Margin27.47%
Operating Margin37.17%
Return on Equity12.74%
Return on Assets5.37%
Shares Outstanding88.85M
Shares Float336.26M
Beta0.70
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
0.14%
Insiders
30.77%
Retail / Other
69.09%

Top Institutional Holders

  • Condire Management LP
    539.98K0.15%
  • Valueworks LLC
    503.51K0.14%
  • Storebrand Asset Management AS
    380.72K0.11%
  • Amvescap Plc.
    333.42K0.10%
  • Franklin Templeton Inc
    185.00K0.05%
  • Susquehanna International Group, LLP
    146.45K0.04%
  • Qube Research & Technologies
    109.58K0.03%
  • Yaupon Capital Management LP
    101.28K0.03%
  • Dimensional Fund Advisors, Inc.
    78.52K0.02%
  • DnB NOR Asset Management (Asia)
    77.26K0.02%
  • Renaissance Technologies Corp
    58.50K0.02%
  • Citadel Advisors Llc
    44.46K0.01%
  • D. E. Shaw & Co LP
    40.63K0.01%
  • Nbc Securities Inc
    38.75K0.01%
  • Millennium Management LLC
    35.00K0.01%

Top Fund Holders

  • SKAGEN Vekst A
    379.92K0.11%
  • Value Intelligence Fonds AMI I (a)
    315.41K0.09%
  • Invesco WilderHill Clean Energy ETF
    234.20K0.07%
  • Franklin Natural Resources A
    107.62K0.03%
  • Franklin Natural Resources I(acc)EUR
    77.37K0.02%