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Complete financial analysis of SBM Offshore N.V. (SBFFY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of SBM Offshore N.V., a leading company in the Oil & Gas Equipment & Services industry within the Energy sector.
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SBM Offshore N.V. (SBFFY)
About SBM Offshore N.V.
SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. The company operates in two segments, Lease and Operate, and Turnkey. It engages in the design, supply, installation, operation, lease, and life extension of floating production storage and offloading (FPSO) vessels, as well as semi-submersibles, tension leg platforms, liquefied natural gas (LNG) FPSOs, turret mooring systems, LNG regasification to power vessels, floating offshore wind, and brownfield and offshore loading terminals. The company also provides catenary anchor leg mooring (CALM) or single point mooring (SPM) terminal; as well as provides solutions for floating unit mooring, flexible flowline, and subsea structure installation works. As of December 31, 2021, it operated a fleet of 14 FPSOs and 1 semi-submersible unit. The company was formerly known as IHC Caland and changed its name to SBM Offshore N.V. in 2005. SBM Offshore N.V. was founded in 1862 and is headquartered in Schiphol, the Netherlands.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.96B | 4.91B | 3.75B | 3.50B | 3.39B | 2.24B | 1.86B | 2.27B | 2.71B | 5.48B | 4.80B | 3.70B | 3.16B | 3.06B | 2.96B | 3.06B | 2.87B | 1.99B | 1.52B | 1.07B | 1.85B | 929.51M |
| Cost of Revenue | 3.54B | 3.73B | 2.83B | 2.61B | 2.46B | 1.44B | 1.06B | 1.43B | 1.86B | 4.27B | 4.32B | 3.57B | 3.32B | 2.54B | 2.50B | 2.65B | 2.44B | 1.62B | 1.16B | 825.67M | 0.00 | 0.00 |
| Gross Profit | 1.42B | 1.18B | 922.00M | 889.00M | 934.00M | 803.00M | 797.00M | 838.00M | 841.00M | 1.22B | 484.00M | 123.57M | -160.95M | 511.41M | 452.33M | 413.62M | 435.59M | 370.16M | 362.69M | 243.04M | 1.85B | 929.51M |
| Gross Profit Ratio | 28.60% | 24.06% | 24.60% | 25.43% | 27.54% | 35.85% | 42.83% | 36.88% | 31.09% | 22.20% | 10.08% | 3.34% | -5.10% | 16.74% | 15.30% | 13.52% | 15.17% | 18.60% | 23.87% | 22.74% | 100.00% | 100.00% |
| Research & Development | 37.00M | 35.00M | 29.00M | 24.00M | 24.00M | 23.00M | 33.00M | 29.00M | 43.00M | 40.00M | 23.00M | 25.35M | 50.41M | 20.66M | 22.80M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 183.00M | 154.00M | 146.00M | 143.00M | 128.00M | 122.00M | 132.00M | 142.00M | 196.00M | 220.00M | 161.00M | 128.77M | 84.44M | 85.98M | 137.17M | 90.02M | 76.50M | 32.53M | 30.62M | 15.58M | 1.92B | 1.79B |
| Selling & Marketing | 22.00M | 16.00M | 31.00M | 40.00M | 48.00M | 36.00M | 36.00M | 37.00M | 61.00M | 44.00M | 34.00M | 49.61M | 46.72M | 44.62M | 57.10M | 37.51M | 36.23M | 30.66M | 25.56M | 35.79M | 0.00 | 0.00 |
| SG&A | 205.00M | 170.00M | 177.00M | 183.00M | 176.00M | 158.00M | 168.00M | 179.00M | 257.00M | 264.00M | 195.00M | 178.38M | 131.16M | 130.59M | 137.17M | 127.53M | 112.73M | 63.19M | 56.18M | 51.37M | 1.92B | 1.79B |
| Other Expenses | 33.00M | -22.00M | 11.00M | -4.00M | 0.00 | 42.00M | 354.00M | 2.00M | 247.00M | 239.00M | -1.00M | -2.82M | -1.89M | -2.24M | -119.76M | -62.74M | 1.96M | 40.00K | 33.86M | -56.00K | 190.29M | 104.27M |
| Operating Expenses | 243.00M | 183.00M | 217.00M | 203.00M | 200.00M | 223.00M | 555.00M | 228.00M | 547.00M | 543.00M | 217.00M | 200.91M | 179.67M | 149.01M | 158.90M | 73.28M | 133.58M | 116.10M | 90.04M | 97.60M | 2.11B | 1.89B |
| Cost & Expenses | 3.79B | 3.91B | 3.04B | 2.81B | 2.66B | 1.66B | 1.62B | 1.66B | 2.41B | 4.81B | 4.54B | 3.77B | 3.50B | 2.69B | 2.66B | 2.72B | 2.57B | 1.74B | 1.25B | 923.27M | 2.11B | 1.89B |
| Interest Income | 24.00M | 10.00M | 2.00M | 6.00M | 20.00M | 29.00M | 22.00M | 25.00M | 25.00M | 26.00M | 21.00M | 6.01M | 13.20M | 19.73M | 77.25M | 24.93M | 20.87M | 17.88M | 9.83M | 7.71M | 153.00K | 573.00K |
| Interest Expense | 597.00M | 383.00M | 304.00M | 263.00M | 272.00M | 280.00M | 342.00M | 293.00M | 195.00M | 162.00M | 120.00M | 92.72M | 63.15M | 103.48M | 17.28M | 37.81M | 20.39M | 46.71M | 61.08M | 67.57M | 52.37M | 21.14M |
| Depreciation & Amortization | 65.00M | 82.00M | 107.00M | 316.00M | 243.00M | 235.00M | 276.00M | 236.00M | 213.00M | 226.00M | 18.00M | 1.24M | 13.20M | 19.73M | -42.51M | -37.81M | -20.39M | 15.13M | 9.74M | -56.50M | 154.80M | 97.91M |
| EBITDA | 1.23B | 1.11B | 843.00M | 927.00M | 994.00M | 835.00M | 622.00M | 839.00M | 545.00M | 1.07B | 282.00M | 56.00M | -327.42M | 406.21M | 310.90M | 340.34M | 345.24M | 271.06M | 285.17M | 167.65M | -109.89M | -863.06M |
| EBITDA Ratio | 24.73% | 22.53% | 24.79% | 29.55% | 31.05% | 27.46% | 14.45% | 36.93% | 22.37% | 19.03% | 5.87% | -1.70% | -10.37% | 12.51% | 8.49% | 11.12% | 10.52% | 13.62% | 18.50% | 14.21% | -5.94% | -92.85% |
| Operating Income | 1.18B | 1.02B | 734.00M | 605.00M | 742.00M | 603.00M | 358.00M | 564.00M | 239.00M | 726.00M | 293.00M | 50.48M | -340.62M | 362.40M | 293.44M | 275.06M | 302.02M | 254.27M | 275.34M | 161.22M | 64.44M | 82.33M |
| Operating Income Ratio | 23.76% | 20.80% | 19.58% | 17.31% | 21.88% | 26.92% | 19.24% | 24.82% | 8.84% | 13.24% | 6.10% | 1.37% | -10.79% | 11.86% | 9.93% | 8.99% | 10.52% | 12.78% | 18.12% | 15.09% | 3.49% | 8.86% |
| Total Other Income/Expenses | -590.00M | -362.00M | -191.00M | -239.00M | -200.00M | -219.00M | -333.00M | -289.00M | -102.00M | -48.00M | -112.00M | -75.00M | -49.95M | -83.74M | -59.79M | -37.81M | -20.39M | -31.49M | -51.25M | -61.13M | -51.88M | -20.38M |
| Income Before Tax | 589.00M | 660.00M | 543.00M | 366.00M | 542.00M | 384.00M | 25.00M | 275.00M | 137.00M | 678.00M | 194.00M | -36.38M | -390.57M | 278.66M | 233.65M | 237.26M | 281.63M | 222.78M | 224.09M | 100.09M | 12.56M | 61.95M |
| Income Before Tax Ratio | 11.87% | 13.43% | 14.49% | 10.47% | 15.98% | 17.14% | 1.34% | 12.10% | 5.06% | 12.37% | 4.04% | -0.98% | -12.37% | 9.12% | 7.90% | 7.75% | 9.81% | 11.20% | 14.75% | 9.37% | 0.68% | 6.67% |
| Income Tax Expense | -25.00M | 104.00M | 71.00M | 38.00M | 31.00M | 40.00M | 26.00M | 28.00M | 26.00M | 26.00M | 80.00M | 38.48M | 50.05M | 2.65M | 3.67M | 9.38M | 14.86M | 6.44M | -1.68M | 8.34M | -34.55M | -16.20M |
| Net Income | 491.00M | 450.00M | 400.00M | 328.00M | 511.00M | 212.00M | -155.00M | 182.00M | 29.00M | 575.00M | 114.00M | -79.49M | -440.61M | 239.96M | 221.00M | 223.17M | 266.77M | 216.34M | 225.68M | 28.81M | 46.61M | 77.39M |
| Net Income Ratio | 9.90% | 9.16% | 10.67% | 9.38% | 15.07% | 9.46% | -8.33% | 8.01% | 1.07% | 10.49% | 2.37% | -2.15% | -13.96% | 7.85% | 7.47% | 7.29% | 9.29% | 10.87% | 14.85% | 2.70% | 2.52% | 8.33% |
| EPS | 2.74 | 2.53 | 2.18 | 1.73 | 2.57 | 1.04 | -0.76 | 0.87 | 0.14 | 2.75 | 0.56 | -0.45 | -2.54 | 1.41 | 1.44 | 1.51 | 1.82 | 1.52 | 0.41 | 0.21 | 0.36 | 0.60 |
| EPS Diluted | 2.71 | 2.50 | 2.15 | 1.71 | 2.57 | 1.04 | -0.76 | 0.87 | 0.14 | 2.75 | 0.56 | -0.45 | -2.54 | 1.39 | 1.43 | 1.50 | 1.79 | 1.50 | 0.40 | 0.21 | 0.35 | 0.60 |
| Weighted Avg Shares Out | 179.24M | 177.91M | 183.72M | 189.81M | 198.57M | 204.27M | 202.85M | 210.57M | 210.85M | 209.24M | 203.86M | 175.59M | 173.61M | 170.30M | 152.98M | 147.44M | 145.01M | 142.25M | 554.23M | 134.78M | 130.97M | 129.17M |
| Weighted Avg Shares Out (Dil) | 181.50M | 179.87M | 185.64M | 191.46M | 198.58M | 204.31M | 202.85M | 210.57M | 211.00M | 209.42M | 205.01M | 175.59M | 173.61M | 172.23M | 153.96M | 148.66M | 149.39M | 142.25M | 557.89M | 134.95M | 131.95M | 129.84M |
Extraordinary General Meeting announcement
Amsterdam, December 6, 2024 SBM Offshore announces that the agenda of the Extraordinary General Meeting of Shareholders (EGM) and the invitation for shareholders to attend the EGM have now been published on the Company's website. The EGM will be held...
Weekly share repurchase program transaction details
December 4, 2024 SBM Offshore reports the transaction details related to its EUR130 million (c. US$140 million) share repurchase program for the period November 28, 2024 through December 4, 2024.
Weekly share repurchase program transaction details
November 27, 2024 SBM Offshore reports the transaction details related to its EUR130 million (c. US$140 million) share repurchase program for the period November 21, 2024 through November 27, 2024.
SBM Offshore completes US$1.5 billion financing of Jaguar
Amsterdam, November 21, 2024 SBM Offshore announces it has completed the project financing of FPSO Jaguar for a total of US$1.5 billion. The project financing was fully secured by a consortium of 16 international financial institutions.
Weekly share repurchase program transaction details
November 20, 2024 SBM Offshore reports the transaction details related to its EUR130 million (c. US$140 million) share repurchase program for the period November 14, 2024 through November 20, 2024.
SBM Offshore nominates Supervisory Board members
Amsterdam, November 14, 2024 SBM Offshore today announces the nomination of Lucia de Andrade and Denise Dettingmeijer for appointment to the Supervisory Board. Lucia de Andrade is a currently Senior Vice President Deepwater Project at Shell (Houston, United States of...
SBM Offshore awarded contracts for the GranMorgu field development
Amsterdam, November 14, 2024 SBM Offshore announces that it has been awarded contracts for the GranMorgu field development project located in Block 58 in Suriname by the Operator, TotalEnergies EP Suriname B.V., an affiliate of TotalEnergies.
SBM Offshore Third Quarter 2024 Trading Update
Amsterdam, November 14, 2024 Highlights FPSO Prosperity sold to ExxonMobil Guyana Ltd; FPSO Liza Destiny on track for sale before year-end TotalEnergies contract award for an FPSO as part of the GranMorgu field development project in Suriname 2024 Directional1 EBITDA...
Weekly share repurchase program transaction details
November 13, 2024 SBM Offshore reports the transaction details related to its EUR130 million (c. US$140 million) share repurchase program for the period November 7, 2024 through November 13, 2024.
Weekly share repurchase program transaction details
November 6, 2024 SBM Offshore reports the transaction details related to its EUR130 million (c. US$140 million) share repurchase program for the period October 31, 2024 through November 6, 2024.
Source: https://incomestatements.info
Category: Stock Reports