Odfjell Technology Ltd.

Odfjell Technology Ltd.

5.72
EUR
-0.02
(-0.35%)
0.66EPS
7.14P/E
190.02MMarket Cap
Nov 03Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
515.64
534.06
59.12
74.69
98.44
127.24
137.52
140.21
141.86
Basic EPS, GAAP
26.78
49.03
3.3
2.95
6.41
8.72
6.42
8.31
7.62
Free Cash Flow per Basic Share
26.7
2.75
7.17
-1.84
5.87
11.67
3.93
3.14
5.75
Dividend per Share
2.19
- -
9.68
- -
4.48
2.53
4.18
6.08
4.56
Book Value per Share
540.31
637.36
66.84
75.06
19.73
27.28
34.84
32.07
32.32
Tangible Book Value per Share
489.87
585.73
61.38
69.53
13.35
20.76
26.24
23.99
15.64
Basic Weighted Avg Shares
39
39
39
39
39
39
39
39
39
Sales/Revenue/Turnover
20,349
21,076
2,333
2,948
3,885
5,021
5,427
5,533
5,598
Operating Margin (%)
2.5
6.46
6.09
4.01
9.53
9.27
8.44
8.47
8.34
Depreciation Expense
2,103
2,115
256
263
288
348
334
290
- -
Net Income, GAAP
1,057
1,935
130
117
253
344
253
328
301
Effective Tax Rate (%)
- -
- -
- -
- -
- -
4.79
14.23
13.04
15.9
Profit Margin (%)
5.19
9.18
5.58
3.95
6.51
6.85
4.67
5.93
5.37
Working Capital
13,329
16,478
1,754
1,992
578
822
857
940
912
LT Debt
- -
399
37
83
1,181
1,221
1,222
1,528
1,915
Total Equity
21,323
25,153
2,643
2,962
779
1,077
1,375
1,266
1,275
Return on Invested Capital (%)
- -
- -
- -
- -
- -
18.82
15.35
14.71
13.6
Return on Capital (%)
- -
- -
- -
- -
- -
21.58
16.48
15.84
13.81
Return on Common Equity (%)
- -
8.33
0.94
4.16
13.53
37.1
20.66
24.84
23.88

Capital Structure

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
61
59
89
LT Borrowings
1,389
1,700
1,700
LT Finance Leases
140
254
215
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
39
39
39
Market Capitalization
2,190
2,913
2,147

Working Capital

NOK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,134
2,068
2,026
Cash, Cash Equivalents & STI
613
538
525
Accounts Receivable, Net
622
1,173
1,199
Inventories
96
- -
- -
Total Current Liabilities
1,193
1,183
1,114
Payables & Accruals
- -
- -
- -
ST Debt
61
59
89
Deferred Revenue
- -
- -
- -

Growth Rates

NOK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-0.73%
-7.97%
Free Cash Flow
- -
-106.46%
-20.23%
Net Income, GAAP
- -
29.16%
29.54%
Sales/Revenue/Turnover
- -
19.49%
1.96%
Total Cash Common Dividend
- -
- -
45.31%

Quarterly Revenue

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,283
1,359
1,334
1,450
5,427
2025
1,330
1,374
1,434
1,396
5,533
2026
1,374
1,395
- -
- -
- -

Quarterly Earnings Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.3
2.24
0.98
1.89
6.42
2025
2
2.07
2.57
1.66
8.31
2026
1.25
2.13
- -
- -
- -

Quarterly Dividends Per Share

NOK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.63
0.89
1.14
1.52
4.18
2025
1.52
1.52
1.52
1.52
6.08
2026
1.52
- -
- -
- -
- -

Company Description

CEO
Simen Lieungh
Full Time Employees
2,383
Sector
Industrial services
Industry
Contract drilling
Address
Prime View Prime Four Business Park Aberdeen SC United Kingdom AB15 8PU
IPO Date
Mar 29, 2022
Business
Odfjell Technology Ltd Odfjell Technology Ltd (OTL.OL) operates as an international technology and engineering company focused on delivering specialist services, equipment, and competence across the offshore energy value chain, including well services, drilling operations, and projects and engineering solutions; its Well Services segment provides casing and tubular running services with automated and conventional options, drilling tool and tubular rental services, wellbore clean-up tools such as Hydraflow Advanced Wellbore Cleaning System and RapTr-X Asymmetric Hydraulic Whipstock, specialist well intervention products, remedial and abandonment services including plug and abandonment (P&A) and slot recovery, well management, and rigless solutions; the Operations segment handles production of drilling and well completion on client rigs; while the Projects & Engineering segment offers engineering and integrity services, design, building supervision, project management, and operational support for newbuilds, renewals, and yard stays. Founded in 1973 and headquartered in Aberdeen, United Kingdom, the company maintains operations worldwide in more than 20 countries across Europe, Asia Pacific, the Middle East, Africa, and the Americas, serving approximately 200 customers annually in offshore and onshore oil and gas markets with around 1,800 employees emphasizing safety, efficiency, and sustainability to reduce time, cost, and carbon emissions. Recent developments include the 2024 acquisition of McGarian TDC Ltd for £3 million to bolster P&A and slot recovery capabilities, a strategic equity investment in Reelwell in March 2025 acquiring a 10% stake for $3.8 million to advance DualLink digital pipe technology under a five-year cooperation agreement, and a January 2025 partnership with R&D Solutions to expand plug and abandonment services in Australia and Southeast Asia.