Subsea 7 SA
OSE:SUBC

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Subsea 7 SA Logo
Subsea 7 SA
OSE:SUBC
Watchlist
Price: 200.6 NOK 2.14% Market Closed
Market Cap: 60.1B NOK
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+34%
5Y
+109%
10Y
+36%
Operating Income
+
3Y
+752%
5Y
-
10Y
-
Net Income
+
3Y
+991%
5Y
-
10Y
-

Earnings Waterfall
Subsea 7 SA

Revenue
7B USD
Cost of Revenue
-6.1B USD
Gross Profit
911m USD
Operating Expenses
-290m USD
Operating Income
621m USD
Other Expenses
-333m USD
Net Income
288m USD

Income Statement
Subsea 7 SA

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Income Statement
Currency: USD
Aug-2001 Nov-2001 Feb-2002 May-2002 Aug-2002 Nov-2002 Feb-2003 May-2003 Aug-2003 Nov-2003 Feb-2004 May-2004 Aug-2004 Nov-2004 Feb-2005 May-2005 Aug-2005 Nov-2005 Feb-2006 May-2006 Aug-2006 Nov-2006 Feb-2007 May-2007 Aug-2007 Nov-2007 Feb-2008 May-2008 Aug-2008 Nov-2008 Feb-2009 May-2009 Aug-2009 Nov-2009 Feb-2010 May-2010 Aug-2010 Nov-2010 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
0
29
0
0
0
19
0
0
0
28
0
0
0
19
0
0
0
4
0
0
0
4
0
0
0
39
0
0
0
31
0
0
0
31
0
0
0
28
0
0
41
0
0
0
41
0
0
0
65
0
0
0
22
0
0
0
6
0
0
0
7
0
0
0
21
0
0
0
11
0
0
0
25
0
0
0
24
0
0
0
18
0
0
0
24
0
0
0
71
0
0
0
101
0
0
0
Revenue
1 138
N/A
1 256
+10%
1 359
+8%
1 410
+4%
1 414
+0%
1 438
+2%
1 560
+9%
1 588
+2%
1 617
+2%
1 482
-8%
1 333
-10%
1 207
-9%
1 082
-10%
1 242
+15%
1 158
-7%
1 268
+10%
1 344
+6%
1 483
+10%
1 525
+3%
1 716
+13%
1 975
+15%
2 124
+8%
2 322
+9%
2 420
+4%
2 327
-4%
2 663
+14%
2 450
-8%
2 522
+3%
2 647
+5%
2 522
-5%
2 416
-4%
2 236
-7%
2 155
-4%
2 209
+3%
2 282
+3%
2 337
+2%
2 274
-3%
2 369
+4%
2 548
+8%
3 485
+37%
5 477
+57%
5 643
+3%
5 792
+3%
6 103
+5%
6 297
+3%
6 306
+0%
6 502
+3%
6 322
-3%
6 297
0%
6 498
+3%
6 723
+3%
7 061
+5%
6 870
-3%
6 383
-7%
5 830
-9%
5 128
-12%
4 758
-7%
4 323
-9%
3 931
-9%
3 659
-7%
3 567
-3%
3 718
+4%
3 780
+2%
3 915
+4%
3 986
+2%
3 897
-2%
4 035
+4%
4 054
+0%
4 074
+0%
4 124
+1%
3 922
-5%
3 790
-3%
3 657
-4%
3 548
-3%
3 344
-6%
3 341
0%
3 466
+4%
3 712
+7%
4 156
+12%
4 659
+12%
5 010
+8%
5 208
+4%
5 257
+1%
5 210
-1%
5 136
-1%
5 188
+1%
5 459
+5%
5 633
+3%
5 974
+6%
6 123
+2%
6 344
+4%
6 600
+4%
6 837
+4%
6 971
+2%
6 988
+0%
6 994
+0%
Gross Profit
Cost of Revenue
(1 037)
(1 162)
(1 248)
(1 294)
(1 352)
(1 395)
(1 534)
(1 641)
(1 661)
(1 567)
(1 412)
(1 233)
(1 052)
(1 129)
(1 000)
(1 042)
(1 113)
(1 245)
(1 254)
(1 398)
(1 580)
(1 730)
(1 853)
(1 937)
(1 848)
(2 122)
(1 863)
(1 877)
(1 956)
(1 874)
(1 789)
(1 663)
(1 652)
(1 684)
(1 736)
(1 768)
(1 705)
(1 701)
(1 940)
(2 750)
(4 530)
(4 637)
(4 769)
(5 009)
(5 204)
(5 244)
(5 686)
(5 527)
(5 506)
(5 750)
(5 628)
(5 881)
(5 606)
(5 213)
(4 817)
(4 225)
(3 623)
(3 417)
(3 041)
(2 791)
(2 543)
(2 919)
(2 895)
(3 052)
(3 090)
(3 180)
(3 484)
(3 556)
(3 547)
(3 661)
(3 487)
(3 395)
(3 241)
(3 236)
(3 418)
(3 495)
(3 262)
(3 865)
(4 007)
(4 423)
(4 668)
(4 929)
(4 923)
(4 901)
(4 792)
(4 826)
(5 106)
(5 269)
(5 519)
(5 730)
(5 824)
(5 982)
(6 110)
(6 186)
(6 145)
(6 083)
Gross Profit
102
N/A
94
-7%
111
+18%
116
+4%
61
-47%
43
-31%
26
-38%
(52)
N/A
(43)
+17%
(84)
-95%
(80)
+6%
(26)
+68%
30
N/A
113
+281%
158
+40%
226
+43%
231
+2%
239
+3%
271
+13%
318
+18%
394
+24%
395
+0%
470
+19%
483
+3%
479
-1%
541
+13%
588
+9%
645
+10%
691
+7%
648
-6%
627
-3%
573
-9%
503
-12%
525
+4%
545
+4%
569
+4%
569
0%
668
+17%
608
-9%
735
+21%
946
+29%
1 006
+6%
1 023
+2%
1 095
+7%
1 092
0%
1 062
-3%
816
-23%
796
-2%
791
-1%
748
-5%
1 095
+46%
1 179
+8%
1 264
+7%
1 170
-7%
1 013
-13%
903
-11%
1 136
+26%
906
-20%
891
-2%
868
-3%
1 024
+18%
799
-22%
884
+11%
864
-2%
896
+4%
717
-20%
550
-23%
498
-9%
527
+6%
463
-12%
435
-6%
395
-9%
416
+5%
312
-25%
(74)
N/A
(154)
-108%
204
N/A
(153)
N/A
149
N/A
236
+58%
342
+45%
279
-18%
333
+19%
309
-7%
344
+11%
363
+6%
354
-3%
365
+3%
454
+25%
393
-14%
520
+32%
618
+19%
727
+18%
785
+8%
843
+7%
911
+8%
Operating Income
Operating Expenses
(60)
(63)
(62)
(75)
(70)
(73)
(174)
(173)
(180)
(104)
(113)
(124)
(126)
(117)
(106)
(105)
(117)
(116)
(125)
(140)
(166)
(151)
(198)
(212)
(210)
(227)
(240)
(242)
(249)
(250)
(243)
(241)
(233)
(231)
(230)
(237)
(246)
(307)
(243)
(274)
(410)
(390)
(370)
(374)
(373)
(357)
(345)
(321)
(296)
(301)
(303)
(315)
(315)
(1 488)
(1 499)
(1 502)
(262)
(809)
(799)
(773)
(203)
(327)
(317)
(318)
(244)
(271)
(278)
(278)
(286)
(270)
(266)
(274)
(268)
(373)
(281)
(255)
(224)
(840)
(223)
(238)
(232)
(232)
(234)
(236)
(249)
(195)
(204)
(205)
(267)
(271)
(270)
(280)
(298)
(316)
(332)
(291)
Selling, General & Administrative
(59)
(64)
(64)
(68)
(68)
(73)
(75)
(74)
(77)
(103)
(111)
(123)
(122)
(118)
(105)
(103)
(118)
(120)
(132)
(147)
(170)
(149)
(199)
(212)
(213)
(228)
(239)
(245)
(253)
(254)
(247)
(241)
(233)
(231)
(230)
(237)
(246)
(307)
(243)
(274)
(404)
(390)
(370)
(373)
(353)
(357)
(345)
(321)
(213)
(301)
(303)
(315)
(194)
(304)
(316)
(319)
(169)
(288)
(278)
(252)
(136)
(237)
(226)
(227)
(146)
(271)
(278)
(278)
(145)
(270)
(266)
(274)
(139)
(273)
(281)
(255)
(123)
(235)
(223)
(238)
(128)
(232)
(234)
(236)
(215)
(251)
(259)
(260)
(230)
(271)
(270)
(280)
(260)
(315)
(331)
(334)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(20)
0
0
0
(20)
0
0
0
(21)
0
0
0
(23)
0
0
0
(17)
0
0
0
(21)
0
0
0
(21)
0
0
0
(37)
0
0
0
(39)
0
0
0
(34)
0
0
0
(34)
0
0
0
(37)
0
0
0
(38)
0
0
0
Other Operating Expenses
(1)
1
2
(7)
(2)
0
(99)
(99)
(103)
(1)
(1)
(1)
(3)
1
(1)
(2)
1
4
7
8
5
(2)
0
(0)
2
0
(1)
3
3
3
4
0
0
0
0
0
0
0
0
0
(6)
(1)
0
0
0
0
0
0
(64)
0
0
0
(99)
(1 183)
(1 183)
(1 183)
(70)
(521)
(521)
(521)
(50)
(90)
(90)
(90)
(77)
0
0
0
(120)
0
0
0
(93)
(100)
0
0
(62)
(605)
0
0
(69)
0
0
0
0
56
56
56
(0)
0
0
0
0
0
0
43
Operating Income
42
N/A
31
-24%
49
+56%
41
-16%
(8)
N/A
(31)
-267%
(147)
-383%
(225)
-53%
(223)
+1%
(188)
+16%
(192)
-2%
(150)
+22%
(96)
+36%
(4)
+96%
52
N/A
122
+132%
114
-6%
123
+8%
145
+18%
178
+23%
229
+28%
244
+7%
271
+11%
271
0%
269
-1%
314
+17%
348
+11%
403
+16%
442
+10%
398
-10%
384
-4%
332
-13%
270
-19%
294
+9%
315
+7%
332
+5%
324
-3%
361
+12%
365
+1%
461
+27%
537
+16%
615
+15%
653
+6%
721
+10%
719
0%
705
-2%
470
-33%
474
+1%
495
+4%
447
-10%
792
+77%
865
+9%
949
+10%
(318)
N/A
(486)
-53%
(599)
-23%
874
N/A
97
-89%
92
-5%
96
+4%
821
+757%
472
-42%
568
+20%
546
-4%
652
+19%
447
-32%
272
-39%
220
-19%
242
+10%
193
-20%
169
-12%
121
-29%
147
+22%
(61)
N/A
(355)
-484%
(409)
-15%
(19)
+95%
(993)
-5 045%
(74)
+93%
(3)
+97%
110
N/A
47
-58%
99
+111%
73
-26%
95
+30%
168
+77%
150
-11%
160
+7%
188
+18%
121
-36%
249
+106%
338
+36%
430
+27%
470
+9%
512
+9%
621
+21%
Pre-Tax Income
Interest Income Expense
(27)
(15)
(13)
(9)
(4)
(13)
(15)
(23)
(26)
(33)
(30)
(14)
(13)
5
10
(7)
4
5
11
33
47
56
52
53
38
29
27
24
22
89
45
39
42
67
35
31
56
38
71
82
95
67
66
25
78
62
87
118
52
95
72
57
95
72
62
75
107
73
87
62
104
35
(10)
(33)
(96)
(41)
(26)
(11)
2
4
(5)
(13)
(38)
(15)
(19)
(16)
(59)
(21)
(7)
(9)
26
(12)
(23)
(20)
(22)
(22)
(22)
(30)
(17)
(33)
(42)
(40)
(38)
(47)
(31)
0
Non-Reccuring Items
0
(7)
(8)
0
0
(98)
0
0
0
(193)
(187)
(164)
(165)
18
19
(1)
(0)
2
(5)
(8)
(8)
2
0
0
0
12
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3
0
0
0
(48)
0
0
0
(1 272)
0
0
0
(794)
0
0
0
(346)
0
0
0
(29)
0
0
0
(39)
0
0
0
(168)
0
(678)
(678)
(1 014)
0
(27)
(27)
(43)
0
0
0
57
0
0
0
(91)
0
0
0
(22)
0
0
0
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5
0
0
0
0
0
0
0
0
0
0
(3)
0
0
0
249
0
0
0
12
0
0
0
(1)
0
0
0
(33)
0
0
0
(2)
0
0
0
1
0
0
0
6
0
0
0
1
0
0
0
(0)
0
0
0
3
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
0
(1)
0
0
0
(0)
0
0
0
1
0
0
0
(1)
0
0
0
0
0
0
0
2
(1)
6
8
(0)
1
(11)
2
0
43
55
66
0
26
23
0
0
(17)
27
(2)
22
299
278
20
313
39
(25)
0
(27)
(5)
(2)
0
48
1
60
31
14
74
41
0
65
15
(4)
26
(87)
(33)
(8)
6
20
(13)
5
4
19
20
(10)
20
(22)
(17)
31
4
36
81
25
6
(8)
4
21
0
73
6
38
(1)
(78)
(37)
(165)
Pre-Tax Income
15
N/A
9
-38%
28
+203%
32
+16%
(12)
N/A
(142)
-1 053%
(162)
-14%
(248)
-53%
(249)
0%
(414)
-66%
(409)
+1%
(328)
+20%
(275)
+16%
19
N/A
81
+326%
113
+40%
118
+4%
130
+10%
151
+17%
203
+34%
268
+32%
302
+13%
321
+6%
329
+2%
314
-4%
355
+13%
376
+6%
416
+11%
466
+12%
492
+6%
472
-4%
426
-10%
378
-11%
361
-4%
376
+4%
385
+3%
379
-2%
399
+5%
418
+5%
571
+36%
627
+10%
704
+12%
1 018
+45%
1 024
+1%
1 069
+4%
1 080
+1%
596
-45%
568
-5%
511
-10%
515
+1%
858
+67%
921
+7%
(230)
N/A
(197)
+14%
(423)
-114%
(464)
-10%
185
N/A
185
0%
253
+37%
198
-22%
577
+191%
572
-1%
573
+0%
509
-11%
555
+9%
319
-42%
214
-33%
201
-6%
216
+8%
217
+0%
152
-30%
113
-26%
(53)
N/A
(57)
-8%
(1 032)
-1 701%
(1 113)
-8%
(1 072)
+4%
(1 036)
+3%
(126)
+88%
(8)
+93%
101
N/A
71
-30%
157
+122%
77
-51%
136
+76%
138
+1%
131
-5%
150
+15%
80
-47%
161
+101%
214
+33%
335
+57%
368
+10%
345
-6%
443
+28%
456
+3%
Net Income
Tax Provision
(18)
(21)
(21)
(14)
(8)
(8)
(9)
(19)
(20)
1
1
(1)
(0)
(9)
(11)
(9)
(18)
(13)
(21)
(37)
(58)
(74)
(79)
(98)
(116)
(200)
(232)
(231)
(219)
(163)
(152)
(120)
(108)
(103)
(104)
(127)
(126)
(131)
(139)
(178)
(176)
(205)
(234)
(219)
(222)
(194)
(135)
(141)
(161)
(171)
(236)
(259)
(152)
(176)
(127)
(140)
(222)
(226)
(246)
(188)
(158)
(154)
(145)
(119)
(100)
(28)
5
(17)
(52)
(54)
(39)
(34)
(30)
(44)
(14)
(18)
(33)
(31)
(33)
(62)
(64)
(47)
(98)
(64)
(100)
(118)
(119)
(102)
(70)
(93)
(97)
(157)
(152)
(142)
(172)
(175)
Income from Continuing Operations
(3)
(11)
6
18
(21)
(150)
(171)
(267)
(269)
(414)
(408)
(329)
(275)
10
70
105
100
117
131
167
210
228
243
232
199
155
143
185
247
330
320
306
270
259
272
259
253
268
279
393
451
499
784
805
847
886
462
427
350
344
623
662
(381)
(373)
(550)
(604)
(37)
(41)
6
11
418
418
428
390
455
291
219
184
165
163
113
79
(82)
(101)
(1 046)
(1 131)
(1 105)
(1 067)
(158)
(70)
36
23
59
13
36
20
12
48
10
68
117
179
217
204
272
283
Income to Minority Interest
(4)
(3)
(5)
(6)
(1)
(2)
0
0
(2)
(5)
(5)
(4)
(5)
(5)
(7)
(10)
(8)
(10)
(7)
(4)
(9)
(7)
(9)
(10)
(7)
(7)
(10)
(5)
(3)
(6)
(7)
(12)
(22)
(21)
(27)
(39)
(42)
(48)
(32)
(26)
(27)
(23)
(13)
(15)
(17)
(14)
(20)
(18)
(2)
23
34
50
43
36
34
39
20
17
13
1
18
13
10
11
0
13
19
17
18
11
10
11
(1)
(1)
5
6
12
14
5
2
(5)
(8)
9
13
21
32
17
12
5
(6)
(14)
(17)
(15)
(11)
(4)
5
Net Income (Common)
(7)
N/A
(14)
-116%
1
N/A
13
+743%
(22)
N/A
(152)
-588%
(170)
-12%
(266)
-56%
(272)
-2%
(418)
-54%
(418)
0%
(339)
+19%
(304)
+10%
5
N/A
29
+469%
52
+80%
64
+22%
140
+119%
175
+25%
238
+36%
268
+12%
237
-12%
233
-1%
208
-11%
228
+10%
154
-33%
128
-17%
145
+13%
183
+26%
301
+64%
301
0%
310
+3%
254
-18%
245
-4%
260
+6%
239
-8%
233
-2%
265
+14%
277
+4%
392
+41%
424
+8%
476
+12%
771
+62%
790
+3%
830
+5%
872
+5%
442
-49%
409
-7%
348
-15%
370
+6%
663
+79%
722
+9%
(338)
N/A
(330)
+2%
(512)
-55%
(565)
-10%
(17)
+97%
(24)
-42%
19
N/A
11
-40%
436
+3 725%
431
-1%
441
+2%
403
-8%
455
+13%
306
-33%
238
-22%
201
-15%
183
-9%
174
-5%
123
-29%
90
-27%
(84)
N/A
(103)
-23%
(1 041)
-916%
(1 126)
-8%
(1 093)
+3%
(1 053)
+4%
(154)
+85%
(68)
+56%
32
N/A
15
-53%
68
+356%
26
-61%
57
+116%
52
-9%
29
-44%
60
+108%
15
-75%
62
+315%
103
+66%
162
+57%
201
+24%
193
-4%
268
+39%
288
+7%
EPS (Diluted)
-0.08
N/A
-0.16
-100%
0.02
N/A
0.15
+650%
-0.26
N/A
-1.79
-588%
-1.82
-2%
-2.88
-58%
-2.94
-2%
-4.51
-53%
-4.15
+8%
-2.28
+45%
-1.57
+31%
0.03
N/A
0.14
+367%
0.26
+86%
0.32
+23%
0.71
+122%
0.88
+24%
1.2
+36%
1.45
+21%
1.17
-19%
1.18
+1%
1.08
-8%
1.1
+2%
0.72
-35%
0.66
-8%
0.7
+6%
0.89
+27%
1.61
+81%
1.63
+1%
1.69
+4%
1.38
-18%
1.33
-4%
1.41
+6%
1.15
-18%
1.12
-3%
1.28
+14%
0.71
-45%
0.92
+30%
1.16
+26%
1.4
+21%
2.05
+46%
2.13
+4%
2.18
+2%
2.2
+1%
1.33
-40%
1.03
-23%
0.93
-10%
0.98
+5%
1.77
+81%
1.94
+10%
-1.02
N/A
-0.94
+8%
-1.47
-56%
-1.62
-10%
-0.05
+97%
-0.07
-40%
0.05
N/A
0.03
-40%
1.27
+4 133%
1.26
-1%
1.29
+2%
1.23
-5%
1.34
+9%
0.93
-31%
0.72
-23%
0.61
-15%
0.56
-8%
0.55
-2%
0.4
-27%
0.3
-25%
-0.27
N/A
-0.34
-26%
-3.49
-926%
-3.78
-8%
-3.67
+3%
-3.54
+4%
-0.52
+85%
-0.23
+56%
0.11
N/A
0.05
-55%
0.23
+360%
0.09
-61%
0.19
+111%
0.17
-11%
0.09
-47%
0.19
+111%
0.05
-74%
0.2
+300%
0.34
+70%
0.54
+59%
0.67
+24%
0.64
-4%
0.89
+39%
0.96
+8%

See Also

Summary
SUBC intrinsic value, competitors valuation, and company profile.
DCF Valuation
SUBC stock valuation using Discount Cash Flow valuation method.
Relative Valuation
SUBC stock valuation using valuation multiples.
Wall Street Estimates
SUBC price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
SUBC stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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