SBM Offshore N.V.

SBMO · VI · Energy / Oil & Gas Equipment & Services

34.12EUR+0.58 (+1.73%)

Price History

Full chart

Market Stats

Previous Close33.54

Open33.76

Day Range33.76 – 34.12

52-Week Range23.08 – 37.22

Volume0

Market Cap5.54B

P/E (TTM)7.37

Forward P/E7.67

EPS4.57

Dividend Yield3.11%

Beta0.64

50-Day Avg35.27

200-Day Avg33.79

About

SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. It operates in two segments, Lease and Operate, and Turnkey. It engages in the design, supply, installation, operation, demobilization, and life extension of floating production storage and offloading (FPSO) vessels. The company also operates catenary anchor leg mooring (CALM), a single point mooring (SPM) system terminal; tension leg floaters, turret mooring systems, floating offshore wind, and brownfield and offshore loading terminals; and floating energy hubs. In addition, it owns and operates a fleet of 15 FPSOs and 1 semi-submersible unit, as well as offering offshore technologies development and digital services in the offshore oil and gas industry and broader offshore infrastructure sector. Further, the company offers turnkey supply contracts and after-sales services, which consist mainly of large production systems, large mooring systems, deepwater export systems, fluid transfer systems, tanker loading and discharge terminals, design services, supply of special components and proprietary designs and equipment activities. The company was formerly known as IHC Caland and changed its name to SBM Offshore N.V. in 2005. SBM Offshore N.V. was founded in 1862 and is headquartered in Schiphol, the Netherlands.

Company Details

SectorEnergy
IndustryOil & Gas Equipment & Services
CEOMr. Oivind Tangen
Employees6.72K
HeadquartersEvert van de Beekstraat 1-77, Schiphol, Netherlands, 1118 CL, Austria
Websitehttps://www.sbmoffshore.com

Leadership

Mr. Oivind TangenCEO & Chair of the Management Board · b. 1973
Mr. Douglas H. M. WoodCFO & Member of Management Board · b. 1971
Mr. Alexander GlennChief Operating Officer · b. 1972
Wouter HoltiesCorporate Finance & Investor Relations Manager
Mr. Murray DoneGroup General Counsel
Ms. Evelyn Tachau-BrownGroup Communications Director
Mr. Jean-Charles RinaldiSales & Marketing Director
Ms. Anne Guerin-MoensGroup Human Resources Director
Mr. Stein RasmussenGroup Safety, Sustainability & Assurance Director
Mr. Olivier IcykChief Business Officer · b. 1972

Financials

Income Statement

Currency: USD	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	3.39B	3.50B	3.75B	4.91B	4.96B	4.78B	5.90B
Growth (%)	-	+3.10%	+7.21%	+31.08%	+1.00%	-3.59%	+23.39%
Cost of Revenue	2.46B	2.61B	2.83B	3.73B	3.54B	3.65B	3.88B
Gross Profit	934.00M	889.00M	922.00M	1.18B	1.42B	1.13B	2.02B
Gross Margin	27.54%	25.43%	24.60%	24.06%	28.62%	23.66%	34.20%
Operating Expense	200.00M	203.00M	217.00M	183.00M	242.00M	228.00M	260.00M
Operating Income	734.00M	686.00M	705.00M	999.00M	1.18B	904.00M	1.76B
Operating Margin	21.65%	19.62%	18.81%	20.33%	23.74%	18.90%	29.80%
EBITDA	1.06B	949.00M	959.00M	1.13B	1.39B	1.20B	2.05B
EBITDA Margin	31.17%	27.15%	25.59%	22.96%	28.03%	25.08%	34.73%
Net Income	366.00M	191.00M	400.00M	450.00M	491.00M	150.00M	922.00M
Net Income Margin	10.79%	5.46%	10.67%	9.16%	9.90%	3.14%	15.62%
R&D	24.00M	24.00M	29.00M	35.00M	37.00M	40.00M	35.00M
R&D as % of Total Revenue	0.71%	0.69%	0.77%	0.71%	0.75%	0.84%	0.59%
Interest Expense	272.00M	263.00M	304.00M	383.00M	737.00M	847.00M	758.00M
Interest Expense % of Total Revenue	8.02%	7.52%	8.11%	7.80%	14.85%	17.70%	12.84%

Balance Sheet

Currency: USD	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	10.29B	11.09B	13.21B	15.89B	17.18B	17.16B	18.10B
Total Liabilities	6.67B	7.62B	9.68B	10.97B	11.65B	11.31B	11.62B
Total Equity	2.75B	2.56B	2.58B	3.40B	3.73B	3.62B	4.41B
Cash	506.00M	414.00M	1.02B	682.00M	543.00M	806.00M	1.09B
Net Debt	4.24B	5.14B	6.62B	7.83B	8.66B	8.04B	7.95B

Cash Flow

Currency: USD	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-220.00M	-128.00M	-755.00M	-1.05B	-169.00M	1.48B	1.21B
Investing Cash Flow	282.00M	-17.00M	5.00M	67.00M	-	-	-
Financing Cash Flow	-264.00M	50.00M	1.36B	646.00M	-	-	-
Capital Expenditure	30.00M	41.00M	14.00M	41.00M	173.00M	116.00M	69.00M
Free Cash Flow	-260.00M	-198.00M	-818.00M	-1.13B	-342.00M	1.37B	1.15B
Dividends Paid	108.00M	150.00M	166.00M	177.00M	279.00M	249.00M	452.00M
FCF to OCF	118.18%	154.69%	108.34%	107.82%	202.37%	92.17%	94.32%
Dividend Paid to FCF	-41.54%	-75.76%	-20.29%	-15.65%	-81.58%	18.23%	39.48%

Earnings

Report Date	Feb 18, 2027
EPS Estimate	-
EPS Actual	-
Surprise	-
Timing	After-hours

Key Statistics & Ratios

Market Cap5.54B

Enterprise Value10.71B

Trailing P/E7.37

Forward P/E7.67

Price / Sales0.95

Price / Book1.34

EPS4.57

Book Value23.98

Revenue (TTM)5.85B

Gross Profit (TTM)2.06B

EBITDA1.82B

Profit Margin15.82%

Operating Margin26.50%

Return on Equity18.03%

Return on Assets6.43%

Shares Outstanding164.54M

Shares Float131.18M

Beta0.64

Dividend Yield3.11%

Dividend Rate1.02

Payout Ratio10.93%

Dividends

20262×

0.51Aug 10, 20260.50Apr 17, 2026

20251×

0.86Apr 11, 2025

20241×

0.77Apr 15, 2024

20231×

1.00Apr 17, 2023

20221×

0.91Apr 8, 2022

20211×

0.74Apr 9, 2021

20201×

0.74Apr 14, 2020

20191×

0.33Apr 12, 2019

20181×

0.20Apr 13, 2018