profit from every NOK 100 of sales.
NOK 0NOK 100
Mowi
NOK 227.20+0.89% today
-3.8% in 1 year
1-year low NOK 180.801-year high NOK 244.20
Trading in the middle of its range for 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 15.74 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 Mowi sold, what it kept, and what it did with the cash.
Sales went from €4.91 billion in 2022 to €5.69 billion in 2025, with €718 million of profit last year.
SalesProfit
Mowi handed back 60% of the cash it generated last year.
€297M
Free cash flow 2025€495M
Bought back its own shares–
Paid as dividends€297M
Cash vs. debt€278M vs. €3.5B
Mowi vs. similar companies
Mowi grows in the middle 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 |
|---|---|---|---|
| Mowi | 15.7× · Fair price | ||
 Muyuan Foods Group | 16.4× · Fair price | ||
 Archer-Daniels-Midland | 31.3× · Expensive | ||
 Wens Foodstuff Group | 21.0× · Fair price | ||
 SalMar | 72.7× · Very expensive |
AI analysis
An AI analyst reads Mowi'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 EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 4,907 | 5,478 | 5,566 | 5,689 | |
| 2,715 | 2,737 | 2,767 | 2,769 | |
| 1,070 | 998 | 833 | 636 | |
| 1,440 | 1,416 | 1,223 | 1,416 | |
| 782 | 444 | 469 | 718 | |
| 1.51 | 0.86 | 0.91 | 1.38 | |
| 55.3% | 50.0% | 49.7% | 48.7% | |
| 21.8% | 18.2% | 15.0% | 11.2% | |
| 15.9% | 8.1% | 8.4% | 12.6% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 7,531 | 8,239 | 8,555 | 10,229 |
| Cash | 171 | 288 | 277 | 278 |
| Total debt | 2,400 | 2,567 | 2,675 | 3,463 |
| Total liabilities | 3,844 | 4,484 | 4,549 | 5,664 |
| 3,508 | 3,593 | 3,839 | 4,371 | |
| 517 | 517 | 517 | 519 | |
| 13.9% | 12.8% | 9.3% | 9.6% | |
| 22.3% | 12.4% | 12.2% | 16.4% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 645 | 992 | 917 | 871 | |
| 335 | 396 | 374 | 376 | |
| 310 | 596 | 542 | 495 | |
| Dividends paid | 381 | 326 | 294 | 297 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 15.7×
- –
- –
- 2.6×
- 2.0×
- 22.8×
- 10.2×
- 4.4%
- 6.4%
- 2.6%
Profitability
- 48.7%
- 11.2%
- 12.6%
- –
- 9.6%
- 11.4%
- –
- –
- –
- –
Growth
- +5.0%
- −3.0%
- –
- –
- +0.1%
Financial health
- 2.2×
- 0.79
- –
- 7.4×
- 2.93
- –
- –
How it ranks in Consumer Staples
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 50%of 670
Top 46%of 674
Top 38%of 624
Bottom 48%of 673
Bottom 46%of 668
2.6%of the share price, paid each year
On $1,000 invested$26a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
41.4% of its profit
Room to growStretchedMore than it earns: 60.1%
News
No recent news on file.
Insider 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
1/7Passes 1 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
50No pass
Benjamin Graham
67Pass
Philip Fisher
45No pass
Peter Lynch
27No pass
Joel Greenblatt
36No pass
Charlie Munger
42No pass
Terry Smith
34No pass
Questions about Mowi
Is Mowi a good stock to buy?
A solid business at a fair price. 1 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 Mowi AI analysis
What does Mowi do?
Mowi ASA, a seafood company, produces and sells Atlantic salmon products worldwide. It operates through Feed, Farming, Markets, Consumer Products, and other segments. It is in Farm Products, based in Bergen, Norway, with 12,174 employees.
Does Mowi pay a dividend?
Yes. At today's price the dividend is 2.6% a year, about 41% of its yearly profit. In 2025 it paid out NOK 297 million in dividends.
Is Mowi stock halal?
Questionable. Mowi sits in a grey zone: its debt is 31% of its market value, between 30% and 33%. How we check
How has Mowi stock done over the past year?
Down 3.8% over the past twelve months, to NOK 227.20. It traded between NOK 180.80 and NOK 244.20 and is 7.0% below its high.
Who are Mowi's competitors?
The largest listed companies in the same industry are Muyuan Foods Group, Archer-Daniels-Midland, Wens Foodstuff Group and SalMar. The peers table on this page compares their profit, growth and price with Mowi's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.