Mowi ASA

Mowi ASA

19.42
EUR
+0.02
(+0.10%)
1.20EPS
13.25P/E
8.46BMarket Cap
Nov 04Next Earn
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
6.05
7.37
7.02
7.78
7.63
7.59
7.89
7.22
8.06
9.49
10.59
10.76
10.96
11.63
Basic EPS, GAAP
0.79
0.27
0.36
1.2
0.97
1.15
0.92
0.23
0.94
1.51
0.86
0.91
1.38
1.21
Free Cash Flow per Basic Share
0.02
0.64
0.04
1.07
0.79
0.56
0.9
0.36
1.14
0.6
1.15
1.05
0.95
0.93
Dividend per Share
0.26
0.99
0.54
0.93
- -
1.08
1.06
0.26
0.44
0.74
0.63
0.57
0.57
0.6
Book Value per Share
4.74
3.99
4.21
4.6
4.72
5.58
5.59
5.34
6.05
6.78
6.95
7.42
8.29
7.99
Tangible Book Value per Share
2.24
1.52
1.91
2.23
2.89
3.45
3.27
3
3.6
3.7
3.83
4.27
3.1
2.88
Basic Weighted Avg Shares
378
410
441
450
476
494
516
517
517
517
517
517
519
526
Sales/Revenue/Turnover
2,284
3,026
3,093
3,503
3,626
3,750
4,074
3,732
4,166
4,907
5,478
5,566
5,689
6,116
Operating Margin (%)
47.85
36.55
11.04
27.14
15.37
23.78
14.59
5.42
15.18
21.8
18.21
14.97
11.19
12.19
Depreciation Expense
91
116
140
143
150
153
287
338
373
387
404
448
454
473
Net Income, GAAP
299
112
158
540
463
567
478
118
488
782
444
469
718
637
Effective Tax Rate (%)
29.7
50.56
36.63
28.96
11.46
22.53
21.6
1.16
17.78
21.53
51.1
24.84
15.11
23.77
Profit Margin (%)
13.11
3.7
5.11
15.4
12.75
15.11
11.72
3.15
11.7
15.94
8.11
8.42
12.62
10.42
Working Capital
1,440
1,407
1,445
1,711
1,359
1,888
1,853
1,789
1,745
2,001
2,715
2,700
2,839
3,094
LT Debt
918
1,189
1,071
993
774
1,143
1,725
1,946
1,695
2,015
2,392
2,296
3,134
3,455
Total Equity
1,946
1,640
1,896
2,069
2,315
2,879
2,893
2,764
3,131
3,687
3,755
4,006
4,565
4,403
Return on Invested Capital (%)
14.44
7.29
7.33
22.4
13.09
19.14
10.72
3.43
8.79
13.47
7.27
8.36
6.31
6.11
Return on Capital (%)
13.17
4.97
6.47
19.05
16.03
16.7
12.18
3.71
10.86
14.79
8.13
8.77
11.42
10.31
Return on Common Equity (%)
17.03
6.25
8.96
27.23
21.11
21.83
16.56
4.16
16.55
23.58
12.52
12.61
17.49
16.24

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
329
342
195
LT Borrowings
2,790
2,845
3,091
LT Finance Leases
344
354
365
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
527
527
527
Market Capitalization
10,820
10,446
8,463

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,310
4,311
4,350
Cash, Cash Equivalents & STI
278
223
264
Accounts Receivable, Net
717
1,170
1,133
Inventories
2,945
2,918
2,776
Total Current Liabilities
1,471
1,370
1,256
Payables & Accruals
- -
- -
- -
ST Debt
329
342
195
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.5%
10.7%
13.97%
Free Cash Flow
285.51%
48.43%
-8.79%
Net Income, GAAP
54.91%
78.18%
53.23%
Sales/Revenue/Turnover
6.53%
8.97%
2.2%
Total Cash Common Dividend
- -
23.08%
1.26%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,328
1,334
1,442
1,500
5,566
2025
1,353
1,393
1,390
1,584
5,689
2026
1,543
1,598
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.32
0.07
0.09
0.42
0.91
2025
0.05
0.09
0.21
1.02
1.38
2026
0.29
-0.31
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.17
0.13
0.14
0.13
0.57
2025
0.18
0.15
0.12
0.13
0.57
2026
0.13
0.21
- -
- -
- -

Company Description

CEO
Ivan Olle Vindheim
Full Time Employees
15,059
Sector
Consumer non-durables
Industry
Food: meat/fish/dairy
Address
Sandviksboder 77A/B Bergen HL Norway 5035
IPO Date
Jun 17, 1998
Website
mowi.com
Business
Mowi ASA Mowi ASA produces and supplies Atlantic salmon and other seafood products worldwide as the largest producer of farm-raised salmon by volume and revenue. The fully integrated company operates across the value chain, including salmon genetics, feed production, freshwater and seawater farming, primary and secondary processing, and sales and marketing to retail, Horeca, and industry segments in over 70 countries; its core offerings encompass whole fish, plain or marinated fillets and steaks, hot- and cold-smoked salmon, burgers, tartars, and value-added coated products from salmon and whitefish species. Headquartered in Bergen, Norway, and founded in 1964, Mowi ASA employs about 11,500 people across 26 countries with major farming and processing operations in Norway (its largest region), Scotland, Ireland, the Faroe Islands, Iceland, Canada, Chile, and the United States. The company provides approximately 8 million salmon-based meals daily and holds a global market share of around 20% in Atlantic salmon. In 2025, Mowi ASA completed the acquisition of a controlling 95% stake in Nova Sea AS, a leading salmon farmer in Northern Norway, for NOK 7.4 billion in a mix of cash and shares after receiving approvals from the EU Commission and Norwegian competition authorities; this strategically enhances its position in one of the world's best salmon farming regions, boosts expected 2025 harvest volumes to 597,000 tonnes (including 372,000 tonnes in Norway), and delivers preliminary annual synergies of NOK 400 million through improved capacity utilization, biological performance, and fish health.

Company News

  • Financial Survey: Marine Harvest ASA (OTCMKTS:MHGVY) versus Vital Farms (NASDAQ:VITL)

  • Comparing Marine Harvest ASA (OTCMKTS:MHGVY) & BRC (NYSE:BRCC)

  • Mowi ASA (OSE: MOWI): Notice of Annual General Meeting 3 June 2026

  • Mowi ASA (OSE: MOWI): Quarterly dividend

  • Mowi ASA (OSE: MOWI): Innkalling til ordinær generalforsamling 3. juni 2026

  • Mowi ASA (OSE:MOWI): Presentation of Q1 2026 results 13 May 2026 at 08:00 (CET)

  • Mowi ASA – Bond Listing: Approval of Base Prospectus

  • Mowi ASA (OSE:MOWI): Q1 2026 Trading update

  • Mowi ASA: Integrated Annual Report 2025

  • 24 Safer Buys From 10 Years Of Dogcatcher Digging

  • Mowi ASA: Ex-dividend NOK 1.50 today

  • Mowi Should Have A Better 2026 With Moderate Supply Growth Globally

  • Mowi ASA (MHGVY) Q4 2025 Earnings Call Transcript

  • Mowi ASA (OSE: MOWI): Quarterly dividend

  • Mowi ASA (OSE:MOWI): Q4 2025 Trading update

  • Sysco (NYSE:SYY) vs. Marine Harvest ASA (OTCMKTS:MHGVY) Critical Contrast

  • Mowi ASA – Successful placement of new senior unsecured green bonds

  • Mowi ASA – Green Bond Mandate Announcement and Fixed Income Investor Meetings

  • Mowi ASA (MHGVY) Q3 2025 Earnings Call Transcript

  • Mowi ASA (OSE: MOWI): Quarterly dividend