CompanyGraph
Cadeler A/S
CADLR · Oslo Børs · Denmark
Price data from its CADLRo listing on CBOE
cadeler.comFinancials as of FY2025
At a glance
- Depends onDownstream position: depends on 32 industries, supplies 6
- ScaleLevered free cash flow is -$422.39M, lower than 95% of all stocks globally
- PositionOperating margin is 40.1%, higher than 95% of its Engineering & Construction peers (median 6.7%)
- Interpretations12 currently firing — 12
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Sign inThe reported statements, read against the company's own industry.
Financials view
Market Capitalization
17.75BNOK1.88B · vs all stocks (USD)
Trailing P/E
10.33xvs Engineering & Construction peers
Revenue (TTM)
7.89BNOK836.42M · vs all stocks (USD)
Profit Margin
27.47%vs Engineering & Construction peers
Beta
0.7150xvs all stocks
52-Week Change
15.60%vs all stocks
Market Capitalization
17.75BNOK1.88B · vs all stocks (USD)
Enterprise Value
269.81BNOK28.61B · vs all stocks (USD)
Trailing P/E
10.33xvs Engineering & Construction peers
Forward P/E
4.62xvs Engineering & Construction peers
Price to Sales (TTM)
31.93xvs Engineering & Construction peers
Price to Book (MRQ)
1.22xvs Engineering & Construction peers
Enterprise to Revenue
34.20xvs Engineering & Construction peers
Enterprise to EBITDA
59.66xvs Engineering & Construction peers
Gross Margin
47.49%vs Engineering & Construction peers
Profit Margin
27.47%vs Engineering & Construction peers
Operating Margin
40.14%vs Engineering & Construction peers
Return on Assets (TTM)
5.37%vs Engineering & Construction peers
Return on Equity (TTM)
12.74%vs Engineering & Construction peers
Revenue (TTM)
7.89BNOK836.42M · vs all stocks (USD)
Revenue per Share (TTM)
2.03NOKUpdated Sep 23, 2026Quarterly Revenue Growth
21.30%vs Engineering & Construction peers
Gross Profit (TTM)
3.71BNOK393.34M · vs all stocks (USD)
Net Income (TTM)
2.17BNOK229.77M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
-42.80%vs Engineering & Construction peers
Operating Cash Flow (TTM)
4.35BNOK461.24M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
-3.98BNOK-422.39M · vs all stocks (USD)
Trailing Annual Dividend Rate
0.00NOKUpdated Sep 23, 2026Trailing Annual Dividend Yield
0.00%vs all stocks
Payout Ratio
0.00%vs Engineering & Construction peers
Revenue
620.35MEURFY2025 · Dec 31, 2025Cost of Goods Sold
236.75MEURFY2025 · Dec 31, 2025Gross Profit
383.60MEURFY2025 · Dec 31, 2025Operating Income
312.74MEUR358.33M · vs all stocks (USD)
Pre-tax Income
287.86MEURFY2025 · Dec 31, 2025Income Tax Expense
7.68MEURFY2025 · Dec 31, 2025Net Income
280.18MEURFY2025 · Dec 31, 2025EBIT
309.82MEURFY2025 · Dec 31, 2025EBITDA (Income Statement)
419.01MEURFY2025 · Dec 31, 2025Selling, General & Administrative
67.63MEURFY2025 · Dec 31, 2025Other Operating Expenses
-321.00KEURFY2025 · Dec 31, 2025Non-operating Interest Income
1.71MEURFY2025 · Dec 31, 2025Non-operating Interest Expense
21.95MEURFY2025 · Dec 31, 2025EPS (Basic)
0.7900EURFY2025 · Dec 31, 2025EPS (Diluted)
0.7900EURFY2025 · Dec 31, 2025Basic Shares Outstanding
350.51MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
350.51MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
280.18MEURFY2025 · Dec 31, 2025Operating Cash Flow
395.32MEURFY2025 · Dec 31, 2025Free Cash Flow
-840.36MEURFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
151.68MEURFY2025 · Dec 31, 2025Starting Profit (CF Statement)
280.18MEURFY2025 · Dec 31, 2025Depreciation & Amortization
107.52MEURFY2025 · Dec 31, 2025Deferred Taxes (CF)
7.68MEURFY2025 · Dec 31, 2025Stock-based Compensation
2.07MEURFY2025 · Dec 31, 2025Other Non-cash Items
14.50MEURFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-133.70MEURFY2025 · Dec 31, 2025Change in Accounts Payable (CF)
8.13MEURFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
108.94MEURFY2025 · Dec 31, 2025Capital Expenditures
-1.24BEURFY2025 · Dec 31, 2025Net Intangibles (CF)
-1.51MEURFY2025 · Dec 31, 2025Net Acquisitions
0.00EURFY2025 · Dec 31, 2025Other Investing Activity
-26.98MEURFY2025 · Dec 31, 2025Net Investing Cash Flow
-1.26BEURFY2025 · Dec 31, 2025Long-term Debt Issuance
1.31BEURFY2025 · Dec 31, 2025Long-term Debt Payments
-281.35MEURFY2025 · Dec 31, 2025Common Stock Repurchase
-1.72MEURFY2025 · Dec 31, 2025Common Dividends Paid
0.00EURFY2025 · Dec 31, 2025Net Financing Cash Flow
1.03BEURFY2025 · Dec 31, 2025Shares Outstanding
385.88MSharesUpdated Sep 23, 2026Float Shares
227.25MSharesUpdated Sep 23, 2026% Held by Insiders
39.23%vs all stocks
% Held by Institutions
35.25%vs all stocks
Total Cash (MRQ)
2.23BNOK236.46M · vs all stocks (USD)
Total Cash per Share (MRQ)
0.5340NOKUpdated Sep 23, 2026Total Debt (MRQ)
17.42BNOK1.85B · vs all stocks (USD)
Total Debt to Equity (MRQ)
0.9083xvs Engineering & Construction peers
Current Ratio (MRQ)
1.62xvs Engineering & Construction peers
Book Value per Share (MRQ)
49.67NOKUpdated Sep 23, 2026Total Assets
3.42BEUR3.91B · vs all stocks (USD)
Total Current Assets
389.96MEURFY2025 · Dec 31, 2025Total Liabilities
1.91BEURFY2025 · Dec 31, 2025Total Non-current Assets
3.03BEURFY2025 · Dec 31, 2025Total Non-current Liabilities
1.56BEURFY2025 · Dec 31, 2025Total Current Liabilities
351.08MEURFY2025 · Dec 31, 2025Cash
151.68MEURFY2025 · Dec 31, 2025Cash & Cash Equivalents
151.68MEURFY2025 · Dec 31, 2025Accounts Receivable
139.03MEURFY2025 · Dec 31, 2025Inventory
3.54MEURFY2025 · Dec 31, 2025Accounts Payable
22.39MEURFY2025 · Dec 31, 2025Short-term Debt
117.19MEURFY2025 · Dec 31, 2025Deferred Revenue
128.72MEURFY2025 · Dec 31, 2025Other Current Liabilities
3.06MEURFY2025 · Dec 31, 2025Long-term Debt
1.51BEURFY2025 · Dec 31, 2025Common Stock (Book)
47.14MEURFY2025 · Dec 31, 2025Retained Earnings
341.61MEURFY2025 · Dec 31, 2025Total Shareholders' Equity
1.50BEUR1.72B · vs all stocks (USD)
Treasury Stock
3.00MEURFY2025 · Dec 31, 202552-Week Low
39.64NOKUpdated Sep 23, 202652-Week High
69.10NOKUpdated Sep 23, 202652-Week Change
15.60%vs all stocks
Beta
0.7150xvs all stocks
50-Day MA
56.67NOKUpdated Sep 23, 2026200-Day MA
56.81NOKUpdated Sep 23, 2026Avg 10-Day Volume
689.38KSharesUpdated Sep 23, 2026Avg 30-Day Volume
547.14KSharesUpdated Sep 23, 2026Diluted EPS (TTM)
5.84NOKUpdated Sep 23, 2026Other Income / Expense
-1.67MEURFY2025 · Dec 31, 202512 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsIs this company financially stable?
Debt Financing Activity
More cash moved through borrowing and repaying than through the business itself, and most of its debt is long-term.
Reads
How does this company use capital?
Diagnostic
Elevated Operating Margin With High Capex and Small D&A Gap
Margins read high with heavy capex and little depreciation charged against earnings.
Reads
Diagnostic
Elevated EBITDA Margin With Small D&A Gap and Capex Above Depreciation
EBITDA margin reads high with little depreciation charged, and capex above that charge.
Reads
Cash-Backed Growth Configuration
Revenue has grown steadily, and the cash arriving matches reported profit.
Reads
Working Capital Pattern
What customers owe has grown three years running, while it clears stock quickly and pays suppliers quickly.
Reads
Three Margin Ratios Elevated Across Gross, Operating, And Cash-Conversion Levels
Its gross margin and its cash margin are high for its industry, and its operating margin is high outright.
Reads
Industry-Benchmarked ROA and Margin Elevated
Returns and margins have sat in the top of its industry across five years.
Reads
Three Margin Ratios Elevated Across Gross, Operating, And Net Levels
Its gross and net margins are high for its industry, and its operating margin is high outright.
Reads
Revenue Growing With Receivables Growing
Revenue has risen three years, and what customers owe has risen with it.
Reads
Minimal Tax and Interest Drag
Almost nothing is lost between its operating profit and its net income.
Reads
Is this company growing?
Industry-Benchmarked Capex/OCF Elevated And Capex Above Depreciation
It spends more of its cash on equipment than its industry, and more than it writes off each year.
Reads
Revenue Growth With Elevated Margin
Revenue up in each of five years, while its operating margin stays high.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Operating margin is 40.1%, higher than 95% of its Engineering & Construction peers (median 6.7%)Significant
Operating margin: 0.40Industry median: 0.07Industry P95: 0.22Peers compared: 97.00
Profit margin is 27.5%, higher than 95% of its Engineering & Construction peers (median 4%)Significant
Profit margin: 0.27Industry median: 0.04Industry P95: 0.20Peers compared: 97.00
Financial Health
Altman Z-Score 1.15: grey zoneSignificant
Altman Z-Score: 1.15
High structural barrier to entryNotable
Barrier to Entry: 0.58
Consistent revenue growth patternNotable
Growth Consistency Score: 0.90
Supply Chain
Downstream position: depends on 32 industries, supplies 6Notable
Outgoing: 6.00Incoming: 32.00
High connectivity hub: 38 industry connectionsNotable
Total Connections: 38.00
Scale
Levered free cash flow is -$422.39M, lower than 95% of all stocks globallySignificant
Levered free cash flow (USD): -422,392,713.434Global P5: -202,685,365.334
Market cap is $1.88B, above the global median of $1.18BNotable
Market cap (USD): 1,882,043,021.699Global Median: 1,180,223,658.953
Revenue is $836.42M, above the global median of $548.88MNotable
Revenue (USD): 836,423,439.904Global Median: 548,883,780.48
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Companies that share active interpretations — structural patterns currently present in both stocks.
Royal Gold Inc.
7 interpretationsThree Margin Ratios Elevated Across Gross, Operating, And Cash-Conversion LevelsElevated EBITDA Margin With Small D&A Gap and Capex Above DepreciationIndustry-Benchmarked Capex/OCF Elevated And Capex Above DepreciationWorking Capital PatternRevenue Growth With Elevated MarginElevated Operating Margin With High Capex and Small D&A GapThree Margin Ratios Elevated Across Gross, Operating, And Net Levels
Triple Flag Precious Metals Corp
7 interpretationsThree Margin Ratios Elevated Across Gross, Operating, And Cash-Conversion LevelsCash-Backed Growth ConfigurationElevated EBITDA Margin With Small D&A Gap and Capex Above DepreciationRevenue Growing With Receivables GrowingWorking Capital PatternRevenue Growth With Elevated MarginThree Margin Ratios Elevated Across Gross, Operating, And Net Levels
United States Lime & Minerals Inc.
7 interpretationsThree Margin Ratios Elevated Across Gross, Operating, And Cash-Conversion LevelsElevated EBITDA Margin With Small D&A Gap and Capex Above DepreciationRevenue Growing With Receivables GrowingWorking Capital PatternRevenue Growth With Elevated MarginIndustry-Benchmarked ROA and Margin ElevatedThree Margin Ratios Elevated Across Gross, Operating, And Net Levels