SBM OFFSHORE NV financials
SBM OFFSHORE NV
Country: NL Reporting currency: USD Latest annual report: 2025-12-31
LEI:
549300RDGCRYZ5QE6513 ISIN: NL0000360618 Financial statements
(USD, as reported — unscaled; 118 line items across 2 annual periods)
| Line item | 2025 | 2024 |
|---|---|---|
| Income statement | ||
| Revenue | $5.90B | $4.78B |
| Cost of sales | $3.88B | $3.65B |
| Gross profit | $2.02B | $1.13B |
| Operating profit (EBIT) | $1.80B | $928.0M |
| Net finance income / (cost) | -$571.0M | -$663.0M |
| Finance costs | $653.0M | $690.0M |
| Profit before tax | $1.23B | $283.0M |
| Income tax expense | $117.0M | $73.0M |
| Profit for the year | $1.11B | $211.0M |
| — attributable to owners | $922.0M | $150.0M |
| — attributable to NCI | $186.0M | $61.0M |
| Total comprehensive income | $1.23B | $163.0M |
| Per share | ||
| Basic EPS | $5.33 | $0.84 |
| Diluted EPS | $5.25 | $0.83 |
| Free cash flow / share | $5.59 | $5.52 |
| Cash flow statement | ||
| Net cash from operating activities | $1.21B | $1.48B |
| Income taxes paid | $161.0M | $178.0M |
| Net cash from investing activities | $118.0M | $92.0M |
| Purchase of PP&E (capex) | $34.0M | $79.0M |
| Purchase of intangibles | $35.0M | $37.0M |
| Net cash from financing activities | -$1.04B | -$1.31B |
| Dividends paid | $452.0M | $249.0M |
| Proceeds from borrowings | $1.43B | $2.15B |
| Net change in cash | $290.0M | $267.0M |
| Balance sheet | ||
| Total assets | $18.10B | $17.16B |
| Non-current assets | $11.30B | $7.36B |
| Current assets | $6.80B | $9.80B |
| Inventories | $332.0M | $37.0M |
| Trade & other receivables | $1.31B | $1.44B |
| Cash & equivalents | $1.09B | $806.0M |
| Total equity | $6.48B | $5.84B |
| — attributable to owners | $4.41B | $3.62B |
| Non-controlling interests | $2.08B | $2.23B |
| Non-current liabilities | $6.90B | $8.43B |
| Current liabilities | $4.71B | $2.89B |
| Trade & other payables | $1.71B | $1.22B |
| Deferred tax liabilities | $109.0M | $178.0M |
| Derived metrics | ||
| Free cash flow | $1.18B | $1.40B |
| Operating margin | 30.5% | 19.4% |
| Net margin | 18.8% | 4.4% |
| Return on equity | 17.1% | 3.6% |
| Cash conversion ratio | 1.09× | 7.02× |
| Capex coverage | 35.71× | 18.76× |
| Other reported items | ||
| Adjustments For Decrease Increase In Contract Assets | -$1.02B | -$1.42B |
| Adjustments For Decrease Increase In Inventories | -$300.0M | -$26.0M |
| Adjustments For Decrease Increase In Trade and Other Receivables | -$19.0M | $161.0M |
| Adjustments For Depreciation and Amortisation Expense | $66.0M | $70.0M |
| Adjustments For Finance Income Cost | -$616.0M | -$659.0M |
| Adjustments For Gain Loss On Disposal of Investments In Subsidiaries Joint Ventures and Associates | -$21.0M | -$22.0M |
| Adjustments For Gain Loss On Disposals Property Plant and Equipment | $0 | -$1.0M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | -$16.0M | $43.0M |
| Adjustments For Increase Decrease In Trade and Other Payables | $229.0M | -$469.0M |
| Adjustments For Provisions | -$75.0M | $4.0M |
| Adjustments For Sharebased Payments | $24.0M | $21.0M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | -$4.0M | $19.0M |
| Cancellation of Treasury Shares | $0 | $0 |
| Cash Advances and Loans Made To Related Parties | $0 | $5.0M |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | -$55.0M | $0 |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | -$43.0M | -$179.0M |
| Comprehensive Income Attributable To Noncontrolling Interests | $130.0M | $111.0M |
| Comprehensive Income Attributable To Owners of Parent | $1.10B | $52.0M |
| Current Contract Assets | $946.0M | $6.81B |
| Current Derivative Financial Assets | $162.0M | $124.0M |
| Current Derivative Financial Liabilities | $20.0M | $201.0M |
| Current Finance Lease Receivables | $2.94B | $516.0M |
| Current Provisions | $315.0M | $185.0M |
| Current Tax Assets Current | $21.0M | $9.0M |
| Current Tax Liabilities Current | $103.0M | $55.0M |
| Deferred Tax Assets | $301.0M | $311.0M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | $200.0M | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | $1.17 | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -$10.0M | -$4.0M |
| Equity and Liabilities | $18.10B | $17.16B |
| Finance Income | $83.0M | $26.0M |
| General and Administrative Expense | $177.0M | $162.0M |
| Impairment Loss Impairment Gain and Reversal of Impairment Loss Determined In Accordance With IFRS9 | -$15.0M | $6.0M |
| Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income | $21.0M | -$14.0M |
| Increase Decrease Through Acquisition of Subsidiary | — | $178.0M |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | $38.0M | $299.0M |
| Increase Decrease Through Disposal of Subsidiary | -$25.0M | — |
| Increase Decrease Through Sharebased Payment Transactions | $23.0M | $21.0M |
| Intangible Assets Other Than Goodwill | $194.0M | $176.0M |
| Interest Paid Classified As Financing Activities | $403.0M | $356.0M |
| Interest Received Classified As Investing Activities | $40.0M | $26.0M |
| Interest Revenue Calculated Using Effective Interest Method | $848.0M | $657.0M |
| Investment Accounted For Using Equity Method | $24.0M | $21.0M |
| Issued Capital | $50.0M | $46.0M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | $0 | $60.0M |
| Noncurrent Derivative Financial Assets | $205.0M | $305.0M |
| Noncurrent Derivative Financial Liabilities | $4.0M | $64.0M |
| Noncurrent Finance Lease Receivables | $10.19B | $6.14B |
| Noncurrent Provisions | $131.0M | $380.0M |
| Other Adjustments For Noncash Items | -$28.0M | -$49.0M |
| Other Comprehensive Income | $118.0M | -$47.0M |
| Other Comprehensive Income Before Tax Cash Flow Hedges | $138.0M | -$96.0M |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | $1.0M | $35.0M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | $1.0M | $0 |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | $118.0M | -$48.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | $1.0M | $0 |
| Other Inflows Outflows of Cash Classified As Investing Activities | $107.0M | $0 |
| Other Noncurrent Financial Assets | $110.0M | $136.0M |
| Other Noncurrent Liabilities | $72.0M | $89.0M |
| Other Operating Income Expense | $23.0M | $29.0M |
| Other Reserves | $286.0M | $108.0M |
| Payments To Acquire Or Redeem Entitys Shares | $174.0M | $102.0M |
| Proceeds From Sales of Investments Accounted For Using Equity Method | $60.0M | $12.0M |
| Property Plant and Equipment Including Rightofuse Assets | $278.0M | $266.0M |
| Purchase of Interests In Investments Accounted For Using Equity Method | $7.0M | $6.0M |
| Purchase of Treasury Shares | $174.0M | $102.0M |
| Research and Development Expense | $35.0M | $40.0M |
| Retained Earnings | $3.13B | $2.49B |
| Revenue From Contracts With Customers | $5.05B | $4.13B |
| Sale Or Issue of Treasury Shares | $7.0M | $5.0M |
| Sales and Marketing Expense | $45.0M | $23.0M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | -$4.0M | $19.0M |
| Share Premium | $1.01B | $1.01B |
| Treasury Shares | $64.0M | $31.0M |
| Weighted Average Shares | 173.1M | 178.6M |
Methodology
Every line item above is a fact tagged in SBM OFFSHORE NV's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (USD), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.