profit from every €100 of sales.
€0€100
Saipem SpA
€4.22-1.12% today
+73.8% since Dec 21, 25
1-year low €2.391-year high €4.82
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 €26.41 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 Saipem SpA sold, what it kept, and what it did with the cash.
Sales went from €9.99 billion in 2022 to €15.5 billion in 2025, with €310 million of profit last year.
SalesProfit
Saipem SpA handed back 33% of the cash it generated last year.
€333M
Free cash flow 2025€1.1B
Bought back its own shares€40M
Paid as dividends€333M
Cash vs. debt€894M vs. €3.1B
Saipem SpA vs. similar companies
Saipem SpA grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
| Saipem SpA | 26.4× · Fair price | ||
 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 Saipem SpA'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 |
|---|---|---|---|---|
| 9,987 | 11,883 | 14,549 | 15,504 | |
| 1,712 | 2,191 | 2,713 | 2,940 | |
| 63 | 450 | 656 | 691 | |
| 421 | 951 | 1,352 | 1,668 | |
| -209 | 179 | 306 | 310 | |
| -0.22 | 0.09 | – | 0.15 | |
| 17.1% | 18.4% | 18.6% | 19.0% | |
| 0.6% | 3.8% | 4.5% | 4.5% | |
| -2.1% | 1.5% | 2.1% | 2.0% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 12,397 | 12,865 | 14,519 | 14,441 |
| Cash | 2,052 | 2,136 | 2,158 | 894 |
| Total debt | 3,033 | 3,123 | 3,016 | 3,106 |
| Total liabilities | 10,311 | 10,469 | 11,995 | 11,803 |
| 2,068 | 2,394 | 2,524 | 2,637 | |
| 940 | 2,009 | – | 2,232 | |
| -0.3% | 6.8% | 9.3% | 9.0% | |
| -10.1% | 7.5% | 12.1% | 11.8% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -477 | 586 | 1,061 | 1,504 | |
| 523 | 482 | 337 | 364 | |
| -1,000 | 104 | 724 | 1,140 | |
| Dividends paid | – | – | – | 333 |
| 0 | 0 | 65 | 40 | |
| – | – | – | – |
Valuation
- 26.4×
- –
- –
- 3.4×
- 0.5×
- 7.2×
- 6.2×
- 13.9%
- 3.8%
- 4.1%
Profitability
- 19.0%
- 4.5%
- 2.0%
- –
- 9.0%
- 6.2%
- –
- –
- –
- –
Growth
- +15.8%
- –
- –
- –
- +33.4%
Financial health
- 1.3×
- 1.18
- –
- 4.2×
- 1.10
- –
- –
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 41%of 467
Bottom 24%of 466
Bottom 28%of 387
Top 18%of 461
Top 12%of 460
4.1%of the share price, paid each year
On $1,000 invested$41a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
107.4% of its profit
Room to growStretchedMore than it earns: 29.2%
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
0/7Passes 0 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
33No pass
Benjamin Graham
25No pass
Philip Fisher
32No pass
Peter Lynch
52No pass
Joel Greenblatt
32No pass
Charlie Munger
13No pass
Terry Smith
26No pass
Questions about Saipem SpA
Is Saipem SpA a good stock to buy?
A business with weak numbers at a fair price. 0 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 Saipem SpA AI analysis
What does Saipem SpA do?
Saipem SpA provides energy and infrastructure solutions worldwide. It operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. It is in Oil & Gas Equipment & Services, based in Milan, MI, Italy, with 30,000 employees.
Does Saipem SpA pay a dividend?
Yes. At today's price the dividend is 4.1% a year, about 107% of its yearly profit. In 2025 it paid out €333 million in dividends.
Is Saipem SpA stock halal?
No. Saipem SpA does not pass our halal screen: its debt is 38% of its market value, at or above the 33% limit. How we check
Who are Saipem SpA'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 Saipem SpA's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.