profit from every NOK 100 of sales.
NOK 0NOK 100
Subsea 7
NOK 317.80+4.27% today
+61.7% in 1 year
1-year low NOK 193.601-year high NOK 351.00
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 24.50 for every NOK 1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Subsea 7 sold, what it kept, and what it did with the cash.
Sales went from $5.14 billion in 2022 to $7.09 billion in 2025, with $411 million of profit last year.
SalesProfit
Subsea 7 handed back 32% of the cash it generated last year.
$376M
Free cash flow 2025$1.2B
Bought back its own shares–
Paid as dividends$376M
Cash vs. debt$970M vs. $934M
Subsea 7 vs. similar companies
Subsea 7 grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from NOK 100 of sales | Sales growth a year | Price per NOK 1 of profit |
|---|---|---|---|
| Subsea 7 | 24.5× · Fair price | ||
 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 Subsea 7'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 |
|---|---|---|---|---|
| 5,136 | 5,974 | 6,837 | 7,086 | |
| 397 | 363 | 705 | 1,075 | |
| 148 | 97 | 408 | 735 | |
| 628 | 689 | 1,090 | 1,376 | |
| 57 | 15 | 201 | 411 | |
| 0.19 | 0.05 | 0.67 | 1.38 | |
| 7.7% | 6.1% | 10.3% | 15.2% | |
| 2.9% | 1.6% | 6.0% | 10.4% | |
| 1.1% | 0.3% | 2.9% | 5.8% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 6,944 | 8,096 | 7,680 | 8,031 |
| Cash | 610 | 726 | 575 | 970 |
| Total debt | 613 | 1,303 | 1,177 | 934 |
| Total liabilities | 2,494 | 3,738 | 3,385 | 3,586 |
| 4,122 | 4,323 | 4,250 | 4,406 | |
| 293 | 299 | 300 | 298 | |
| 2.6% | 2.1% | 6.7% | 10.2% | |
| 1.4% | 0.4% | 4.7% | 9.3% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 486 | 660 | 931 | 1,471 | |
| 231 | 582 | 349 | 281 | |
| 255 | 78 | 583 | 1,190 | |
| Dividends paid | 32 | 112 | 163 | 376 |
| – | – | – | – | |
| 4 | 5 | 6 | 9 |
Valuation
- 24.5×
- –
- 0.26
- 2.4×
- 1.4×
- 8.5×
- 7.3×
- 11.8%
- 4.1%
- 3.7%
Profitability
- 15.2%
- 10.4%
- 5.8%
- –
- 10.2%
- 5.4%
- –
- –
- –
- –
Growth
- +11.3%
- +93.7%
- –
- –
- +0.5%
Financial health
- -0.0×
- 0.21
- –
- 9.3×
- 1.11
- –
- –
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 32%of 465
Bottom 42%of 462
Bottom 30%of 383
Top 25%of 457
Top 17%of 458
3.7%of the share price, paid each year
On $1,000 invested$37a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
91.4% of its profit
Room to growStretchedMore than it earns: 31.6%
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
55No pass
Benjamin Graham
53No pass
Philip Fisher
57No pass
Peter Lynch
85Pass
Joel Greenblatt
35No pass
Charlie Munger
37No pass
Terry Smith
41No pass
Questions about Subsea 7
Is Subsea 7 a good stock to buy?
A business with weak numbers 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 Subsea 7 AI analysis
What does Subsea 7 do?
Subsea 7 S.A. delivers offshore projects and services for the energy industry worldwide. It is in Oil & Gas Equipment & Services, based in Luxembourg, Luxembourg, with 13,513 employees.
Does Subsea 7 pay a dividend?
Yes. At today's price the dividend is 3.7% a year, about 91% of its yearly profit. In 2025 it paid out NOK 376 million in dividends.
Is Subsea 7 stock halal?
Yes. Subsea 7 passes our halal screen: its business is permitted and its debt is 1.0% of its market value, under the 30% limit. How we check
How has Subsea 7 stock done over the past year?
Up 61.7% over the past twelve months, to NOK 317.80. It traded between NOK 193.60 and NOK 351.00 and is 9.5% below its high.
Who are Subsea 7'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 Subsea 7's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.