profit from every NOK 100 of sales.
NOK 0NOK 100
BW Offshore
NOK 38.65+0.78% today
-1.7% in 1 year
1-year low NOK 37.851-year high NOK 53.30
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay NOK 5.57 for every NOK 1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What BW Offshore sold, what it kept, and what it did with the cash.
Sales went from $774 million in 2022 to $510 million in 2025, with $134 million of profit last year.
SalesProfit
BW Offshore handed back 78% of the cash it generated last year.
$59M
Free cash flow 2025$76M
Bought back its own shares–
Paid as dividends$59M
Cash vs. debt$394M vs. $1.6B
BW Offshore vs. similar companies
BW Offshore grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from NOK 100 of sales | Sales growth a year | Price per NOK 1 of profit |
|---|---|---|---|
| BW Offshore | 5.6× · Cheap | ||
 SLB | 22.0× · Fair price | ||
 Baker Hughes | 18.6× · Fair price | ||
 Tenaris | 15.5× · Fair price | ||
 Halliburton | 20.6× · Fair price |
AI analysis
An AI analyst reads BW Offshore's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 774 | 659 | 607 | 510 | |
| 565 | 472 | 429 | 414 | |
| 137 | 118 | 140 | 145 | |
| 406 | 350 | 344 | 273 | |
| 130 | 100 | 121 | 134 | |
| 0.66 | 0.52 | 0.63 | 0.74 | |
| 73.0% | 71.6% | 70.7% | 81.3% | |
| 17.7% | 17.9% | 23.1% | 28.4% | |
| 16.8% | 15.2% | 19.9% | 26.4% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 3,499 | 3,953 | 4,045 | 4,281 |
| Cash | 229 | 360 | 305 | 394 |
| Total debt | 1,272 | 1,567 | 1,598 | 1,628 |
| Total liabilities | 2,348 | 2,758 | 2,799 | 2,988 |
| 939 | 1,006 | 1,090 | 1,146 | |
| 211 | 207 | 202 | 181 | |
| 7.0% | 4.9% | 4.8% | 5.0% | |
| 13.8% | 10.0% | 11.1% | 11.7% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 650 | 559 | 363 | 409 | |
| 730 | 805 | 380 | 333 | |
| -79 | -246 | -17 | 76 | |
| Dividends paid | 25 | 25 | 50 | 59 |
| – | – | – | – | |
| 3 | 1 | 2 | 5 |
Valuation
- 5.6×
- –
- 1.43
- 0.7×
- 1.5×
- 9.8×
- 7.3×
- 10.2%
- 18.0%
- 7.9%
Profitability
- 81.3%
- 28.4%
- 26.4%
- –
- 5.0%
- 5.4%
- –
- –
- –
- –
Growth
- −13.0%
- +3.9%
- –
- –
- −4.9%
Financial health
- 4.5×
- 1.42
- –
- 8.1×
- 1.74
- –
- –
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 33%of 465
Top 23%of 462
Top 7%of 383
Bottom 16%of 457
Top 23%of 458
7.9%of the share price, paid each year
On $1,000 invested$79a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
44.1% of its profit
Room to growStretchedMore than it earns: 77.8%
News
Apache offshore workers to escalate U.K. strike action, union saysSeeking Alpha · Nov 3, 2026W&T Offshore forecasts Q4 2026 production midpoint of 33,700 BOE/d while lifting 2026 capex to $35M-$38MSeeking Alpha · Oct 30, 2026W&T Offshore declares $0.01 dividendSeeking Alpha · Oct 29, 2026Ocean Power Technologies and Stratum Holdings Sign Letter of Intent for Proposed Strategic Collaboration to Demonstrate Offshore Renewable-Powered Data Center AssetsYahoo Finance · Oct 26, 2026Trump administration asks court to reconsider another U.S. offshore wind farm permitSeeking Alpha · Oct 21, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
60Pass
Benjamin Graham
88Pass
Philip Fisher
64Pass
Peter Lynch
45No pass
Joel Greenblatt
54No pass
Charlie Munger
53No pass
Terry Smith
41No pass
Questions about BW Offshore
Is BW Offshore a good stock to buy?
A business with weak numbers, and the price looks low. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the BW Offshore AI analysis
What does BW Offshore do?
BW Offshore Limited engages in the engineering of offshore production solutions in the Americas, Europe, Africa, Asia, and the Pacific. It operates through Floating Production, Storage, and Offloading (FPSO); and Floating Wind segments. It is in Oil & Gas Equipment & Services, based in Hamilton, Bermuda, with 776 employees.
Does BW Offshore pay a dividend?
Yes. At today's price the dividend is 7.9% a year, about 44% of its yearly profit. In 2025 it paid out NOK 59.2 million in dividends.
Is BW Offshore stock halal?
Yes. BW Offshore passes our halal screen: its business is permitted and its debt is 23% of its market value, under the 30% limit. How we check
How has BW Offshore stock done over the past year?
Down 1.7% over the past twelve months, to NOK 38.65. It traded between NOK 37.85 and NOK 53.30 and is 27.5% below its high.
Who are BW Offshore's competitors?
The largest listed companies in the same industry are SLB, Baker Hughes, Tenaris and Halliburton. The peers table on this page compares their profit, growth and price with BW Offshore's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.