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Definitive Analysis

Financial Statements

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Ticker

Industry

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Page: Company Financials

Odfjell SE

Ticker: O7F1.F | Industry: Marine Shipping | Sector: Industrials
$11.30 0.00 (0.00%)
As of: 2026-01-15

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Enterprise Value

Metric 2025 2024
Stock Price 9.76 12.63
Market Capitalization 771.36M 998.80M
(-) Cash & Equivalents 107.47M 143.34M
(+) Total Debt 1,048.20M 1,077.82M
Enterprise Value 1,712.10M 1,933.28M

Income Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenue 1,160M 0.00M 1,249M 1,194M 1,310M 1,038M
Cost of Revenue 659M 0.00M 669M 682M 866M 745M
Gross Profit 500M 0.00M 579M 512M 444M 293M
Gross Profit Margin 43.1% 0.0% 46.4% 42.9% 33.9% 28.2%
R&D Expenses 0M 0.00M 0M 0M 0M 0M
SG&A Expenses 27M 0.00M 20M 17M 18M 12M
Operating Expenses 231M 0.00M 225M 218M 220M 246M
Operating Income (EBIT) 270M 0.00M 354M 294M 224M 47M
Operating Income Margin 23.2% 0.0% 28.4% 24.6% 17.1% 4.6%
Interest Income 6M 0.00M 7M 6M 4M 1M
Interest Expense 78M 0.00M 81M 95M 82M 76M
Net Interest Income -72M 0.00M -75M -89M -77M -75M
Unusual Items -3M 0.00M 0M 5M -2M -2M
EBT Excluding Unusual Items 197M 0.00M 280M 205M 146M -27M
Pre-Tax Income 194M 0.00M 280M 210M 145M -30M
Pre-Tax Margin 16.7% 0.0% 22.4% 17.6% 11.0% -2.9%
Income Tax Expense 1M 0.00M 2M 7M 3M 3M
Net Income 193M 0.00M 278M 203M 142M -33M
Net Income Margin 16.6% 0.0% 22.2% 17.0% 10.8% -3.2%
Depreciation & Amortization 165M 0.00M 162M 158M 161M 198M
EBITDA 434M 0.00M 517M 452M 385M 246M
EBITDA Margin 37.5% 0.0% 41.4% 37.9% 29.4% 23.7%
NOPAT 268M 0.00M 352M 285M 219M 37M
NOPAT Margin 23.1% 0.0% 28.2% 23.8% 16.7% 3.6%
Owner's Earnings 241M 0.00M 363M 264M 266M 131M
Owner's Earnings Margin 20.8% 0.0% 29.0% 22.1% 20.3% 12.6%
EPS (Basic) 1.81 0.00 3.51 2.57 1.79 -0.42
EPS (Diluted) 3.25 0.00 3.51 2.57 1.79 -0.42
Shares (Basic) 59M 0.00M 79M 79M 79M 79M
Shares (Diluted) 59M 0.00M 79M 79M 79M 79M

Balance Sheet

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash & Cash Equivalents 129.64M 85.29M 145.21M 110.89M 115.67M 71.88M
Short-Term Investments 0.00M 0.00M 0.00M 0.00M 12.94M 15.59M
Cash & Short-Term Investments 129.64M 85.29M 145.21M 110.89M 128.60M 87.47M
Net Receivables 129.50M 154.60M 139.88M 123.16M 118.57M 111.53M
Inventory 32.40M 34.80M 39.02M 39.77M 32.96M 38.75M
Other Current Assets 7.16M 4.81M 10.10M 6.66M 5.50M 23.29M
Total Current Assets 298.70M 279.50M 334.20M 280.48M 285.64M 261.05M
Property, Plant & Equipment 1,583.60M 1,608.20M 1,646.86M 1,524.72M 1,536.36M 1,621.64M
Goodwill 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Long-Term Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Tax Assets 2.00M 1.90M 1.74M 2.56M 1.80M 0.93M
Other Non-Current Assets 193.40M 187.30M 184.03M 184.86M 183.31M 183.86M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 1,779.00M 1,797.40M 1,832.63M 1,712.14M 1,721.46M 1,806.42M
Total Assets 2,077.70M 2,076.90M 2,166.84M 1,992.62M 2,007.10M 2,067.47M
Accounts Payable 0.00M 0.00M 26.86M 29.00M 34.72M 42.79M
Short-Term Debt 147.40M 62.00M 211.49M 165.95M 218.06M 188.15M
Tax Payables 0.00M 0.00M 6.01M 9.39M 10.34M 8.20M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 86.40M 80.90M 76.55M 62.77M 60.60M 55.00M
Total Current Liabilities 233.80M 142.90M 320.91M 267.11M 323.71M 294.13M
Long-Term Debt 588.00M 669.20M 501.48M 658.24M 739.09M 969.05M
Capital Lease Obligations 285.70M 344.10M 396.80M 248.61M 219.99M 233.29M
Deferred Tax Liabilities 0.00M 0.00M 0.01M 0.01M 0.02M 0.27M
Other Non-Current Liabilities 14.30M 13.80M 14.26M 18.25M 22.79M 23.40M
Total Non-Current Liabilities 888.00M 1,027.10M 912.55M 925.11M 981.89M 1,226.01M
Total Liabilities 1,121.80M 1,170.00M 1,233.46M 1,192.22M 1,305.60M 1,520.14M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 199.20M 199.20M 27.76M 27.76M 29.43M 29.43M
Retained Earnings 740.90M 700.70M 0.00M 0.00M 0.00M 0.00M
Accumulated OCI 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 940.10M 899.90M 27.76M 27.76M 29.43M 29.43M
Total Equity 940.10M 899.90M 27.76M 27.76M 29.43M 29.43M
Total Liabilities & Equity 2,061.90M 2,069.90M 1,261.23M 1,219.98M 1,335.02M 1,549.57M
Tangible Assets 2,077.70M 2,076.90M 2,166.84M 1,992.62M 2,007.10M 2,067.47M
Tangible Equity 940.10M 899.90M 27.76M 27.76M 29.43M 29.43M
Tangible Book Value 940.10M 899.90M 27.76M 27.76M 29.43M 29.43M
Total Investments 0.00M 0.00M 0.00M 0.00M 12.94M 15.59M
Net Debt 605.76M 645.91M 567.76M 713.31M 841.48M 1,085.32M

Capital Metrics

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Working Capital -51.3M -29.1M -166.2M -82.8M -105.7M -92.6M
Total Capital 1,977.0M 1,982.2M 2,039.5M 1,871.3M 1,874.4M 1,939.1M
Capital Employed 1,727.7M 1,768.3M 1,666.4M 1,629.3M 1,615.8M 1,713.9M
Invested Capital 1,847.4M 1,896.9M 1,894.3M 1,760.4M 1,758.7M 1,867.2M

Cash Flow Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Net Income 197.04M 0.00M 279.74M 209.88M 144.70M -29.77M
Depreciation & Amortization 162.65M 0.00M 162.35M 156.93M 157.56M 198.42M
Deferred Income Tax 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Stock-Based Compensation 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Change in Working Capital 27.14M 0.00M -22.56M -9.93M 5.42M -7.90M
Accounts Receivable 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Inventory 0.00M 0.00M 0.00M 0.00M 0.00M -10.63M
Accounts Payable 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Working Capital 27.14M 0.00M -22.56M -9.93M 5.42M 2.73M
Other Non-Cash Items -10.18M 0.00M -13.48M -17.08M -19.06M -8.13M
Net Cash from Operating Activities 376.65M 0.00M 406.05M 339.79M 288.62M 152.62M
Capital Expenditures (PPE) -116.80M 0.00M -77.60M -97.77M -37.31M -34.37M
Acquisitions (Net) 0.00M 0.00M 0.00M 0.00M -19.08M -11.74M
Purchases of Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Sales / Maturities of Investments 0.00M 0.00M 0.00M 15.53M 0.00M 0.00M
Other Investing Activities 23.71M 0.00M 4.41M 48.25M 35.53M 25.84M
Net Cash from Investing Activities -93.09M 0.00M -73.19M -33.99M -20.86M -20.27M
Net Debt Issuance -45.43M 0.00M -103.83M -125.93M -128.41M -100.43M
Long-Term Debt Issuance -45.43M 0.00M -103.83M -125.93M -113.41M -90.53M
Short-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M -15.00M -9.90M
Net Stock Issuance 0.22M 0.00M 0.52M 0.32M 0.00M 0.00M
Common Stock Issuance 0.00M 0.00M 0.52M 0.32M 0.00M 0.00M
Common Stock Repurchased 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid -140.80M 0.00M -128.80M -96.65M -26.25M 0.00M
Common Dividends Paid -140.80M 0.00M -128.80M -96.65M -26.25M 0.00M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities -107.53M 0.00M -66.53M -89.32M -66.81M -60.73M
Net Cash from Financing Activities -293.54M 0.00M -298.64M -311.57M -221.47M -161.16M
Effect of FX on Cash 0.00M 0.00M 0.00M 0.39M -2.10M -0.82M
Net Change in Cash -9.80M 0.00M 34.22M -5.38M 44.19M -29.63M
Cash at Beginning of Period 517.60M 0.00M 112.29M 117.67M 73.48M 103.11M
Cash at End of Period 507.81M 0.00M 146.51M 112.29M 117.67M 73.48M
Operating Cash Flow 376.65M 0.00M 406.05M 339.79M 288.62M 152.62M
Capital Expenditure -116.80M 0.00M -77.60M -97.77M -37.31M -34.37M
Free Cash Flow 259.85M 0.00M 328.45M 242.02M 251.31M 118.25M

Free Cash Flow

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31
EBITDA 637.70M 0.00M 722.10M 653.69M 587.60M 479.86M
(-) Tax Adjustment 3.06M 0.00M 4.98M 20.48M 12.55M 0.00M
(-) Change In Working Capital 27.14M 0.00M -22.56M -9.93M 5.42M -7.90M
(-) Capital Expenditure -116.80M 0.00M -77.60M -97.77M -37.31M -34.37M
Unlevered Free Cash Flow 490.70M 0.00M 662.08M 545.36M 532.32M 453.38M
(-) Net Interest Income After Taxes -72.07M 0.00M -74.11M -86.59M -75.75M -74.94M
Net Debt Issuance -45.43M 0.00M -103.83M -125.93M -128.41M -100.43M
Levered Free Cash Flow 517.35M 0.00M 632.36M 506.03M 479.66M 427.89M