Subsea 7
kr 322.40Change from previous close: −0.80%Absolute change: −kr 2.60
At a glance
- Revenue growth
- +3.65%
- 2025 vs 2024
- Net income growth
- +104.27%
- 2025 vs 2024
- Net margin
- 5.8%
- 2024: 2.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total revenue | 7,086 | 6,837 | 5,974 | 5,136 | 5,010 |
| Cost of revenue | 5,981 | 6,110 | 5,540 | 4,792 | 4,705 |
| Gross profit | 1,106 | 727 | 434 | 344 | 305 |
| Selling, general and administrative | 299 | 260 | 229 | 214 | 197 |
| Operating income | 766 | 430 | 168 | 94.8 | 73.2 |
| EBIT | 766 | 430 | 168 | 94.8 | 73.2 |
| EBITDA | 1,167 | 815 | 528 | 449 | 425 |
| Interest expense | 75.2 | 99.2 | 71.2 | 24.3 | 20.1 |
| Pre-tax income | 622 | 368 | 80.0 | 136 | 101 |
| Income tax | 218 | 152 | 70.0 | 99.9 | 64.3 |
| Net income | 411 | 201 | 15.4 | 57.1 | 31.8 |
| Net income to common shareholders | 411 | 201 | 15.4 | 57.1 | 31.8 |
| Basic EPS | 1.39 | 0.68 | 0.05 | 0.20 | 0.11 |
| Diluted EPS | 1.38 | 0.67 | 0.05 | 0.19 | 0.11 |
| Average shares (basic) | 296 | 298 | 298 | 292 | 298 |
| Average shares (diluted) | 298 | 300 | 299 | 293 | 299 |
| Dividend per share | 1.29 | 1.14 | 0.59 | 0.10 | 0.11 |