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T

TGS A TGS.OL · NOK

Energy · Oslo Børs · 🇳🇴 Norway

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132.60

+2.87%

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

$1.53bn

FY2016FY2025

Net income

$18.3m

FY2016FY2025

Free cash flow

$380.6m

FY2016FY2025

Shareholders' equity

$1.98bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$1.53bn$1.32bn$794.3m$716.6m$518.7m$319.5m$585.6m$614.2m$492.2m$456.0m
Research and development——$11.7m———————
Operating income$172.9m$195.5m$53.3m$132.0m$202.0m−$53.1m$129.0m$230.0m$97.4m$53.0m
Net income$18.3m$94.2m$21.6m$87.8m−$76.0m−$188.6m$113.1m$178.8m$75.6m$28.2m
Diluted earnings per share0.090.480.160.74-0.65-1.610.971.530.650.24

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$3.93bn$4.04bn$1.96bn$1.84bn$1.63bn$2.02bn$2.19bn$1.62bn$1.42bn$1.48bn
Cash and short-term investments$212.3m$122.8m$196.7m$187.1m$213.8m$194.2m$322.5m$273.1m$249.5m$190.4m
Total liabilities$1.95bn$1.96bn$680.8m$599.1m$514.5m$749.6m$649.1m$372.7m$224.0m$307.4m
Debt$722.0m$820.4m$132.9m$149.2m$84.0m$60.4m$33.5m$2.5m$2.5m—
Shareholders' equity$1.98bn$2.08bn$1.28bn$1.24bn$1.12bn$1.27bn$1.55bn$1.25bn$1.20bn$1.17bn
Shares outstanding199m198m137m119m117m117m117m117m117m117m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$850.0m$628.7m$584.7m$343.2m$317.6m$354.7m$560.6m$390.0m$461.3m$324.4m
Capital spending−$469.4m−$435.5m−$438.2m−$224.6m−$185.1m−$391.3m−$355.3m−$289.4m−$347.9m−$241.4m
Free cash flow$380.6m$193.2m$146.5m$118.6m$132.6m−$36.6m$205.4m$100.6m$113.4m$82.9m
Dividends paid−$121.7m−$91.6m−$70.6m−$66.1m−$65.5m−$87.8m−$114.6m−$81.4m−$62.8m−$59.5m

Financial ratios

Data as of 28 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin11.5%23.1%8.8%18.7%-15.9%-69.1%
Net margin1.2%7.1%2.7%12.3%-14.6%-59.0%
Return on equity0.9%4.5%1.7%7.1%-6.8%-14.9%
Return on assets0.5%2.3%1.1%4.8%-4.7%-9.4%
Free cash flow yield4.6%3.7%5.2%3.3%3.0%4.4%
Revenue growth15.8%66.0%10.8%38.2%62.4%-45.4%
Earnings growth-80.6%335.3%-75.3%-215.5%-59.7%-266.7%
Current ratio0.64x0.66x0.76x1.02x0.97x0.86x
Debt to equity0.31x0.37x0.07x0.10x0.05x0.01x
Equity ratio50.3%51.4%65.2%67.2%68.4%62.8%
Interest coverage2.27x6.87x6.58x25.40x-33.43x-92.61x
R&D as a share of sales——1.5%———
Buybacks as a share of market value-0.8%-44.8%-14.8%-1.6%-0.1%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue28.7%36.7%9.6%
Operating income9.4%——
Net income-40.7%——

Average margins

Over each period

1 year3 years5 years10 years
Operating margin13.0%12.7%13.5%15.0%
Net margin4.0%5.1%-0.8%4.1%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020
Price to earnings108.625.990.819.5-14.2-9.0
Price to sales1.31.92.52.42.15.3

Dividends and splits

Per share, in the currency the company pays

Paid for 16 years. Last went ex-dividend on 30 Jul 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year3.0666.626.315.915.474.757.059.49
  • 4-for-1 split · 15 Jun 2006

Sources and methodology

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

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