Vallourec SA

Vallourec SA

17.76
EUR
-0.74
(-4.03%)
1.47EPS
13.91P/E
4.74BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
371.95
371.77
242.7
123.93
115.37
118.27
125.99
97.84
28.64
21.29
22.33
17.53
16.28
15.25
Basic EPS, GAAP
17.46
-60.23
-55.18
-31.68
-16.51
-15.16
-10.19
-36.4
0.33
-1.6
2.17
1.96
1.52
1.47
Free Cash Flow per Basic Share
35.08
43.2
25.72
-9.17
-8.36
-11.02
-1.2
-3.35
-2.36
-0.94
2.11
1.39
1.64
1.84
Dividend per Share
2.43
5.53
2.82
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.5
- -
Book Value per Share
301.11
241.28
164.41
101.14
73.19
54.36
44.3
-5.64
7.71
7.09
9.39
10.74
9.85
12.28
Tangible Book Value per Share
255.22
209.17
134.68
85.5
60.01
41.4
31.4
-7.88
7.34
6.76
9.03
10.45
9.56
11.94
Basic Weighted Avg Shares
15
15
16
24
33
33
33
33
120
229
229
230
234
233
Sales/Revenue/Turnover
5,578
5,701
3,803
2,965
3,750
3,921
4,173
3,242
3,442
4,883
5,114
4,034
3,809
3,549
Operating Margin (%)
9.81
8.01
-12.01
-19.36
-9.39
-3.83
1.64
-0.32
8.45
9.65
19.41
15.02
15.46
16.12
Depreciation Expense
380
1,535
764
449
320
281
299
1,176
144
645
59
249
160
172
Net Income, GAAP
262
-924
-865
-758
-537
-502
-338
-1,206
40
-366
496
452
355
343
Effective Tax Rate (%)
33.34
- -
- -
- -
- -
- -
- -
- -
73.33
- -
33.93
23.24
30.28
26.16
Profit Margin (%)
4.69
-16.2
-22.74
-25.56
-14.31
-12.82
-8.09
-37.2
1.15
-7.5
9.7
11.21
9.31
9.66
Working Capital
1,155
1,603
933
517
1,078
649
509
104
1,247
1,147
1,598
1,712
1,529
1,606
LT Debt
1,378
1,782
1,763
1,204
1,889
1,826
1,871
1,842
1,438
1,418
1,388
1,003
851
787
Total Equity
4,986
4,170
3,038
3,778
2,885
2,264
1,980
134
1,808
1,686
2,224
2,601
2,394
2,949
Return on Invested Capital (%)
5.19
- -
- -
- -
- -
- -
- -
- -
2.76
- -
15.49
12.51
11.46
11.57
Return on Capital (%)
4.47
- -
- -
- -
- -
- -
- -
- -
2.65
- -
15.42
12.04
10.93
8.8
Return on Common Equity (%)
5.61
-22.14
-27.07
-25.57
-18.8
-23.77
-20.65
- -
- -
-21.51
26.1
19.37
14.72
13.93

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
73
66
285
LT Borrowings
809
950
738
LT Finance Leases
41
45
49
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
234
229
231
Market Capitalization
3,713
5,030
4,745

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,698
3,049
3,020
Cash, Cash Equivalents & STI
965
1,119
1,231
Accounts Receivable, Net
524
568
409
Inventories
946
1,069
1,088
Total Current Liabilities
1,169
1,255
1,414
Payables & Accruals
- -
- -
- -
ST Debt
73
66
285
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
115.99%
257.29%
-7.96%
Free Cash Flow
-21.29%
-41.18%
19.63%
Net Income, GAAP
-121.89%
-279.1%
-21.55%
Sales/Revenue/Turnover
1.92%
5.21%
-5.58%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
990
1,085
894
1,065
4,034
2025
991
863
911
1,043
3,809
2026
833
762
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.46
0.48
0.32
0.71
1.96
2025
0.37
0.17
0.57
0.41
1.52
2026
0.32
0.17
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
1.5
- -
- -
1.5
2026
- -
- -
- -
- -
- -

Company Description

CEO
Philippe Guillemot
Full Time Employees
12,269
Sector
Non-energy minerals
Industry
Steel
Address
12, rue de la Verrerie Meudon IF France 92190
IPO Date
Jan 1, 1957
Business
Vallourec S.A. is a France-based multinational company specializing in the manufacture and supply of premium seamless steel tubular solutions primarily for the energy sector. The company’s core products include seamless steel pipes, specialty tubes, high-performance steel solutions, and premium connections designed for demanding industrial applications such as oil and gas wells in harsh environments, power plants, architectural projects, and high-performance mechanical equipment. Vallourec also offers integrated services for supply chain management, emphasizing innovative and sustainable products for the energy transition and industrial markets. Founded in 1899 and headquartered in Meudon, France, Vallourec operates globally with around 13,000 employees across more than 20 countries. Its net sales are primarily derived from the oil, gas, and petrochemical industries, with a geographic distribution including North America, the Middle East, South America, Asia, and Europe, reflecting a strong international presence. The company has a diversified end-market approach that also includes mechanical, automotive, construction industries, electrical energy, mining, and forestry. In recent strategic developments, Vallourec has undertaken a major operational change by entering exclusive negotiations to sell its subsidiary Serimax, a specialist in mechanized welding solutions, for approximately €79 million. This divestment marks a step in streamlining capital and focusing on its core premium tubular solutions business. Additionally, Vallourec continues to secure significant contracts such as a major long-term OCTG (Oil Country Tubular Goods) supply agreement with Petrobras, potentially generating revenues up to $1 billion. The company has also achieved investment-grade credit ratings, signaling improved financial strength and a structurally enhanced business profile. Vallourec is recognized as a global leader in premium tubular solutions for the energy and industrial sectors, driven by its pioneering R&D capabilities and commitment to innovation and sustainability. The company maintains strategic presence and operational capabilities across key global markets, serving customers with technologically advanced, safe, and competitive tubular products and services to support complex and demanding projects worldwide. Overall, Vallourec combines a long industrial heritage with recent strategic refocus to maintain leadership in premium tubular solutions for energy transition and industrial applications, supported by a comprehensive product and service portfolio and significant global market operations.

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