profit from every €100 of sales.
€0€100
SBM Offshore
€34.46+2.07% today
+40.3% since Dec 23, 25
1-year low €24.501-year high €37.06
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 €6.53 for every €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 SBM Offshore sold, what it kept, and what it did with the cash.
Sales went from $4.91 billion in 2022 to $5.90 billion in 2025, with $922 million of profit last year.
SalesProfit
SBM Offshore handed back 15% of the cash it generated last year.
Buybacks $174M
Free cash flow 2025$1.1B
Bought back its own shares$174M
Paid as dividends–
Cash vs. debt$1.1B vs. $9.2B
SBM Offshore vs. similar companies
SBM Offshore grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
| SBM Offshore | 6.5× · Cheap | ||
 SLB | 22.6× · Fair price | ||
 Baker Hughes | 19.0× · Fair price | ||
 Tenaris | 16.0× · Fair price | ||
 Halliburton | 21.8× · Fair price |
AI analysis
An AI analyst reads SBM 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 |
|---|---|---|---|---|
| 4,913 | 4,962 | 4,784 | 5,903 | |
| 1,182 | 1,420 | 1,132 | 2,019 | |
| 1,000 | 1,178 | 904 | 1,759 | |
| 1,128 | 1,391 | 1,200 | 2,050 | |
| 450 | 491 | 150 | 922 | |
| 2.50 | 2.70 | 0.83 | 5.25 | |
| 24.1% | 28.6% | 23.7% | 34.2% | |
| 20.4% | 23.7% | 18.9% | 29.8% | |
| 9.2% | 9.9% | 3.1% | 15.6% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 15,889 | 17,176 | 17,157 | 18,097 |
| Cash | 682 | 543 | 806 | 1,086 |
| Total debt | 8,564 | 9,290 | 8,943 | 9,155 |
| Total liabilities | 10,975 | 11,646 | 11,313 | 11,615 |
| 3,397 | 3,733 | 3,619 | 4,406 | |
| 180 | 182 | 181 | 176 | |
| 6.5% | 7.6% | 6.7% | 10.9% | |
| 13.2% | 13.2% | 4.1% | 20.9% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -1,049 | -169 | 1,482 | 1,214 | |
| 82 | 173 | 116 | 69 | |
| -1,131 | -342 | 1,366 | 1,145 | |
| Dividends paid | – | – | – | – |
| 0 | 5 | 102 | 174 | |
| 19 | 20 | 21 | 24 |
Valuation
- 6.5×
- –
- 0.23
- 1.3×
- 1.0×
- 5.3×
- 6.9×
- 19.0%
- 15.3%
- –
Profitability
- 34.2%
- 29.8%
- 15.6%
- –
- 10.9%
- 7.9%
- –
- –
- –
- –
Growth
- +6.3%
- +28.1%
- –
- –
- −0.8%
Financial health
- 3.9×
- 2.08
- –
- 2.6×
- 1.44
- –
- –
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 31%of 467
Top 20%of 466
Top 8%of 387
Top 37%of 461
Top 7%of 460
News
Exxon approves $12.5B Longtail project offshore GuyanaSeeking Alpha · Nov 12, 2026SLB tapped by Var Energi for integrated drilling services offshore NorwaySeeking Alpha · Nov 12, 2026Apache 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, 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
4/7Passes 4 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
57No pass
Benjamin Graham
72Pass
Philip Fisher
69Pass
Peter Lynch
78Pass
Joel Greenblatt
62Pass
Charlie Munger
48No pass
Terry Smith
48No pass
Questions about SBM Offshore
Is SBM Offshore a good stock to buy?
A business with weak numbers, and the price looks low. 4 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 SBM Offshore AI analysis
What does SBM Offshore do?
SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. It operates in two segments, Lease and Operate, and Turnkey. It is in Oil & Gas Equipment & Services, based in Schiphol, Netherlands, with 6,716 employees.
Is SBM Offshore stock halal?
No. SBM Offshore does not pass our halal screen: its debt is 152% of its market value, at or above the 33% limit. How we check
Who are SBM 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 SBM Offshore's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.