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B

BW Offshore BWO.OL · NOK

Energy · Oslo Børs · 🇳🇴 Norway

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38.65

+0.78%

Close of 9 Nov 2026, in NOK

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$509.5m

FY2016FY2025

Net income

$134.3m

FY2016FY2025

Free cash flow

$76.1m

FY2016FY2025

Shareholders' equity

$1.15bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$509.5m$606.7m$659.2m$774.1m$829.3m$886.3m$1.15bn$870.4m$626.0m$844.7m
Research and development——$5.1m$4.6m$3.8m—————
Operating income$144.9m$141.2m$137.9m$123.6m$169.4m$124.2m$232.6m$157.5m$80.2m−$35.0m
Net income$134.3m$120.6m$100.4m$129.7m$62.6m−$310.0m$82.6m$33.5m$39.8m−$132.9m
Diluted earnings per share0.690.620.380.520.35-1.710.450.180.23-0.72

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$4.28bn$4.05bn$3.95bn$3.50bn$3.01bn$2.59bn$3.37bn$3.42bn$3.42bn$3.37bn
Cash and short-term investments$394.3m$304.9m$361.0m$229.4m$266.7m$133.1m$244.3m$141.0m$144.2m$106.9m
Total liabilities$2.99bn$2.80bn$2.76bn$2.35bn$1.99bn$1.64bn$1.91bn$2.10bn$2.16bn$2.45bn
Debt$1.52bn$1.54bn$1.57bn$1.27bn$1.14bn$1.10bn$1.27bn$1.37bn$1.42bn$1.74bn
Shareholders' equity$1.15bn$1.09bn$1.01bn$938.5m$773.5m$746.5m$1.12bn$995.6m$971.5m$919.9m
Shares outstanding195m195m267m247m181m181m185m185m170m185m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$409.2m$362.9m$558.7m$650.3m$510.2m$387.3m$608.3m$435.9m$659.5m$387.5m
Capital spending−$333.1m−$379.9m−$804.5m−$729.5m−$295.4m−$84.0m−$273.5m−$357.2m−$443.0m−$401.4m
Free cash flow$76.1m−$17.0m−$245.8m−$79.2m$214.8m$303.3m$334.8m$78.7m$216.5m−$13.9m
Dividends paid−$87.4m−$78.6m−$25.3m−$25.3m−$25.3m−$54.8m−$33.9m−$36.0m−$36.0m−$36.0m

Latest quarters

By quarter end

Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024Jun 2024Mar 2024
Revenue$127.1m$101.2m$127.8m$153.4m$135.3m$150.9m$151.9m$1.77bn
Operating income$27.5m$22.5m$21.2m$73.7m$30.8m$37.6m$31.9m$418.7m
Net income$24.1m$23.5m$25.0m$61.7m$40.7m$13.7m$29.2m$389.3m
Diluted earnings per share0.120.120.130.320.210.070.152.00
Cash from operations$409.0m$301.0m$159.0m$56.0m$362.0m$283.0m$107.0m$1.00bn
Capital spending−$333.0m−$283.0m−$166.0m−$70.0m−$379.0m−$283.0m−$112.0m−$980.0m
Free cash flow$76.0m$18.0m−$7.0m−$14.0m−$17.0m$0−$5.0m$21.0m
Total assets$4.28bn$4.17bn$4.17bn$4.12bn$4.05bn$4.08bn$4.05bn$3.92bn
Cash and short-term investments$395.2m$387.6m$428.3m$408.6m$305.8m$446.3m$448.0m$401.4m
Debt$1.52bn$1.55bn$1.58bn$1.59bn$1.54bn$1.48bn$423.4m$434.2m
Shareholders' equity$1.15bn$1.13bn$1.13bn$1.12bn$1.09bn$1.04bn$1.06bn$1.04bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-13.0%-10.5%-7.5%
Operating income5.4%3.1%—
Net income1.2%——

Average margins

Over each period

1 year3 years5 years10 years
Operating margin25.6%21.5%19.7%13.0%
Net margin22.8%19.0%5.6%0.5%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020
Price to earnings6.95.16.34.87.5-2.1
Price to sales1.81.00.90.80.60.8

Dividends and splits

Per share, in the currency the company pays

Paid for 6 years. Last went ex-dividend on 21 May 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2015
Paid in the year2.4040.3280.2760.1380.1390.140.1032.50
  • 50-to-1 reverse split · 2 Dec 2016

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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