Aker Solutions ASA

OB:AKSO Stock Report

Market Cap: NOK 22.2b

Aker Solutions Past Earnings Performance

Past criteria checks 4/6

Aker Solutions has been growing earnings at an average annual rate of 53.1%, while the Energy Services industry saw earnings growing at 38.9% annually. Revenues have been growing at an average rate of 17.6% per year. Aker Solutions's return on equity is 23.9%, and it has net margins of 4.7%.

Key information

53.08%

Earnings growth rate

53.17%

EPS growth rate

Energy Services Industry Growth25.64%
Revenue growth rate17.62%
Return on equity23.94%
Net Margin4.73%
Next Earnings Update14 Jul 2026

Recent past performance updates

Analysis Article May 10

Shareholders Can Be Confident That Aker Solutions' (OB:AKSO) Earnings Are High Quality

When companies post strong earnings, the stock generally performs well, just like Aker Solutions ASA's ( OB:AKSO...
Analysis Article Nov 08

Aker Solutions' (OB:AKSO) Performance Is Even Better Than Its Earnings Suggest

The subdued stock price reaction suggests that Aker Solutions ASA's ( OB:AKSO ) strong earnings didn't offer any...

Recent updates

Narrative Update May 12

AKSO: Dividend Payouts And Execution Versus Mixed Research Will Shape Returns

Analysts now see fair value for Aker Solutions at NOK 41.11, down from NOK 42.56. This reflects recent target changes and mixed research updates that factor in higher discount rates, softer growth and margin assumptions, and a higher future P/E multiple.
Analysis Article May 10

Shareholders Can Be Confident That Aker Solutions' (OB:AKSO) Earnings Are High Quality

When companies post strong earnings, the stock generally performs well, just like Aker Solutions ASA's ( OB:AKSO...
Narrative Update Apr 26

AKSO: Dividend Payouts And Contract Delivery Will Shape Future Return Profile

Aker Solutions' updated analyst price target rises from NOK 39.89 to NOK 42.56, as analysts factor in slightly lower assumed discount rates, a less severe revenue contraction, a modestly higher profit margin, and a slightly lower future P/E multiple, despite several recent rating downgrades and JPMorgan's higher targets. Analyst Commentary Recent research on Aker Solutions has been mixed, with several downgrades sitting alongside higher price targets from JPMorgan.
Narrative Update Apr 11

AKSO: Contract Wins And Planned Dividends Will Shape Balanced Future Upside

Analysts have nudged their average price target on Aker Solutions higher to NOK 47.0. The change reflects a mix of a NOK 4 target raise from some firms, a more cautious stance from others, and modest tweaks to assumptions around discount rate, revenue trends and future P/E multiples. Analyst Commentary Recent Street research on Aker Solutions has sent mixed signals, with some firms turning more cautious and others lifting their valuation targets.
Narrative Update Mar 28

AKSO: Dividend Payouts And Contract Execution Will Pressure Future Returns

Analysts have nudged the fair value estimate for Aker Solutions to NOK 39.89 per share from NOK 38.89, reflecting a slightly higher Street price target and mixed research views that balance a recent downgrade with a NOK 4 target increase from another firm. Analyst Commentary Street research on Aker Solutions currently sends a mixed signal, with one camp turning more cautious while another lifts its price target and supports a slightly higher fair value estimate of NOK 39.89 per share.
Narrative Update Mar 14

AKSO: Contract Pipeline And Higher Payout Will Support Future Upside Potential

Aker Solutions' analyst fair value estimate has shifted from NOK 43.33 to NOK 47.00, as analysts balance a higher NOK 4 target from one bank with a more cautious stance from another and adjust their assumptions for discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Recent Street research on Aker Solutions shows a split in sentiment, with one major bank trimming its stance while others remain constructive.
Narrative Update Feb 27

AKSO: Mixed Rating Shifts And Long Contracts Will Shape Dividend Outlook

Analysts now see Aker Solutions' fair value steady at NOK 38.89, but with a slightly lower forward P/E assumption and mixed recent research, including a NOK 4 price target lift at JPMorgan and a downgrade at Danske Bank. They are refining expectations around the stock rather than making a clear directional call.
Narrative Update Feb 13

AKSO: Mixed Rating Shifts And New Contracts Will Test Dividend Commitment

Analysts have lifted their price target on Aker Solutions by NOK 2.78, reflecting updated views on fair value, discount rate and future P/E, even as recent research includes both a downgrade and a separate NOK 4 target increase. Analyst Commentary Recent research on Aker Solutions points in different directions, giving you a mix of optimistic and cautious signals to weigh.
Narrative Update Jan 30

AKSO: Fairer Pricing Meets Mixed Upgrades And Long-Term Contract Momentum

Narrative Update The analyst fair value estimate for Aker Solutions has shifted from NOK 33.88 to about NOK 36.11. This reflects updated views on discount rates, revenue trends, margins and future P/E, alongside recent Street research where analysts have moved their stance to Hold with a NOK 30 target and to Buy with a NOK 38 target.
Analysis Article Nov 08

Aker Solutions' (OB:AKSO) Performance Is Even Better Than Its Earnings Suggest

The subdued stock price reaction suggests that Aker Solutions ASA's ( OB:AKSO ) strong earnings didn't offer any...
Analysis Article Nov 05

Aker Solutions ASA (OB:AKSO) Exceeded Expectations And The Analyst Consensus Has Been Reviewing Its Models

Aker Solutions ASA ( OB:AKSO ) defied analyst predictions to release its third-quarter results, which were ahead of...
Analysis Article May 08

Aker Solutions' (OB:AKSO) Strong Earnings Are Of Good Quality

Aker Solutions ASA ( OB:AKSO ) recently posted some strong earnings, and the market responded positively. We have done...
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New Narrative Feb 09

Johan Castberg FPSO And Tender Pipeline To Drive Future Success

Executing large-scale projects and new technology investments increase revenue growth and operational efficiency, improving margins and competitiveness.
Analysis Article Jan 03

Aker Solutions ASA (OB:AKSO) Could Be Riskier Than It Looks

With a median price-to-earnings (or "P/E") ratio of close to 12x in Norway, you could be forgiven for feeling...
Analysis Article Nov 06

Investors Can Find Comfort In Aker Solutions' (OB:AKSO) Earnings Quality

The market for Aker Solutions ASA's ( OB:AKSO ) shares didn't move much after it posted weak earnings recently. Our...
Analysis Article Jul 18

A Piece Of The Puzzle Missing From Aker Solutions ASA's (OB:AKSO) 26% Share Price Climb

Despite an already strong run, Aker Solutions ASA ( OB:AKSO ) shares have been powering on, with a gain of 26% in the...
Analysis Article May 28

Investors Appear Satisfied With Aker Solutions ASA's (OB:AKSO) Prospects

With a price-to-earnings (or "P/E") ratio of 22.5x Aker Solutions ASA ( OB:AKSO ) may be sending very bearish signals...
Analysis Article Apr 27

News Flash: Analysts Just Made A Captivating Upgrade To Their Aker Solutions ASA (OB:AKSO) Forecasts

Aker Solutions ASA ( OB:AKSO ) shareholders will have a reason to smile today, with the analysts making substantial...
Analysis Article Apr 16

Calculating The Intrinsic Value Of Aker Solutions ASA (OB:AKSO)

Key Insights Aker Solutions' estimated fair value is kr37.43 based on 2 Stage Free Cash Flow to Equity Aker Solutions...
Analysis Article Jan 23

Aker Solutions ASA's (OB:AKSO) Prospects Need A Boost To Lift Shares

When close to half the companies in Norway have price-to-earnings ratios (or "P/E's") above 12x, you may consider Aker...
Analysis Article Dec 14

Is Aker Solutions (OB:AKSO) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Revenue & Expenses Breakdown

How Aker Solutions makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OB:AKSO Revenue, expenses and earnings (NOK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2661,2842,89913,9100
31 Dec 2562,2022,54713,9100
30 Sep 2561,1962,50912,6320
30 Jun 2557,4492,20712,6320
31 Mar 2555,1262,43012,6320
31 Dec 2452,2022,65612,6320
30 Sep 2432,74132311,3190
30 Jun 2443,7071,48611,3190
31 Mar 2435,66160011,3190
31 Dec 2335,8829711,3190
30 Sep 2352,2772,20912,8190
30 Jun 2324,488-5319,3850
31 Mar 2344,4241,40212,8190
31 Dec 2227,302-1339,3850
30 Sep 2237,39380111,1540
30 Jun 2234,67260011,1540
31 Mar 2231,01639111,1540
31 Dec 2129,19525411,1540
30 Sep 2128,415-56911,8320
30 Jun 2126,464-46811,8480
31 Mar 2126,303-64411,8320
31 Dec 2028,434-1,54011,8480
30 Sep 2024,720-87210,9790
30 Jun 2038,458-86113,6370
31 Mar 2028,517-84910,9790
31 Dec 1937,91724213,6370
30 Sep 1928,86935710,1160
30 Jun 1928,2764129,5020
31 Mar 1927,00555610,1160
31 Dec 1825,2325119,5020
30 Sep 1824,7223789,9160
30 Jun 1823,6003529,9160
31 Mar 1822,7712619,9160
31 Dec 1722,4612219,9160
30 Sep 1722,155-14310,0920
30 Jun 1722,723-10110,0920
31 Mar 1724,267-2410,0920
31 Dec 1625,5575710,0920
30 Sep 1627,28312212,3140
30 Jun 1628,78022312,3140
31 Mar 1629,85932312,3140
31 Dec 1531,89639212,3140
30 Sep 1533,18796811,8100
30 Jun 1533,9771,02811,8100

Quality Earnings: AKSO has high quality earnings.

Growing Profit Margin: AKSO's current net profit margins (4.7%) are higher than last year (4.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: AKSO has become profitable over the past 5 years, growing earnings by 53.1% per year.

Accelerating Growth: AKSO's earnings growth over the past year (19.3%) is below its 5-year average (53.1% per year).

Earnings vs Industry: AKSO earnings growth over the past year (19.3%) did not outperform the Energy Services industry 19.3%.


Return on Equity

High ROE: AKSO's Return on Equity (23.9%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/21 05:42
End of Day Share Price 2026/05/21 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Aker Solutions ASA is covered by 26 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Michael PickupBarclays
Michael PickupBarclays