Subsea 7 S.A.

OB:SUBC Stock Report

Market Cap: NOK 57.8b

Subsea 7 Past Earnings Performance

Past criteria checks 4/6

Subsea 7 has been growing earnings at an average annual rate of 86.5%, while the Energy Services industry saw earnings growing at 50.2% annually. Revenues have been growing at an average rate of 13.2% per year. Subsea 7's return on equity is 6.6%, and it has net margins of 4.1%.

Key information

86.49%

Earnings growth rate

86.43%

EPS growth rate

Energy Services Industry Growth25.64%
Revenue growth rate13.21%
Return on equity6.60%
Net Margin4.12%
Next Earnings Update26 Feb 2026

Recent past performance updates

Recent updates

Subsea 7 Set for a Strong Q2 with Promising Upside in June

Q1 knappast någon viktig katalysatorOrderingången för Subsea 7 i Q1 kommer sannolikt att vara liten och till största delen bestå av utökningsordrar (kommer troligen att ligga omkring drygt 500 miljone

Subsea 7 (OB:SUBC) Is Doing The Right Things To Multiply Its Share Price

Feb 15
Subsea 7 (OB:SUBC) Is Doing The Right Things To Multiply Its Share Price

Subsea 7 S.A.'s (OB:SUBC) Price In Tune With Earnings

Jan 31
Subsea 7 S.A.'s (OB:SUBC) Price In Tune With Earnings
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Robust $11 Billion Backlog Will Positively Impact Future Earnings And Cash Flow

Subsea7 anticipates strong EBITDA growth with a robust backlog and strategic deepwater contract focus, positively impacting earnings and cash flow.

Subsea 7 (OB:SUBC) Seems To Use Debt Rather Sparingly

Jan 15
Subsea 7 (OB:SUBC) Seems To Use Debt Rather Sparingly

Revenue & Expenses Breakdown

How Subsea 7 makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OB:SUBC Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 256,9942882960
30 Jun 256,9882682940
31 Mar 256,9711942780
31 Dec 246,8372012600
30 Sep 246,6001622430
30 Jun 246,3441032330
31 Mar 246,123622350
31 Dec 235,974152290
30 Sep 235,633602300
30 Jun 235,459292290
31 Mar 235,188522200
31 Dec 225,136572140
30 Sep 225,210272050
30 Jun 225,257682040
31 Mar 225,207152010
31 Dec 215,010321970
30 Sep 214,659-681820
30 Jun 214,156-1541670
31 Mar 213,712-1,0531780
31 Dec 203,466-1,0931850
30 Sep 203,341-1,1262180
30 Jun 203,344-1,0412440
31 Mar 203,548-1032360
31 Dec 193,657-842310
30 Sep 193,790902530
30 Jun 193,9221232440
31 Mar 194,1241742480
31 Dec 184,0741832640
30 Sep 184,0542012570
30 Jun 184,0352382570
31 Mar 183,8973032490
31 Dec 173,9864552230
30 Sep 173,9154011710
30 Jun 173,7804381700
31 Mar 173,7184311800
31 Dec 163,5674361860
30 Sep 163,659121860
30 Jun 163,931192120
31 Mar 164,323-242220
31 Dec 154,758-172390
30 Sep 155,128-5632970
30 Jun 155,830-5142940
31 Mar 156,383-3352830
31 Dec 146,870-3382930

Quality Earnings: SUBC has high quality earnings.

Growing Profit Margin: SUBC's current net profit margins (4.1%) are higher than last year (2.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SUBC has become profitable over the past 5 years, growing earnings by 86.5% per year.

Accelerating Growth: SUBC's earnings growth over the past year (77.7%) is below its 5-year average (86.5% per year).

Earnings vs Industry: SUBC earnings growth over the past year (77.7%) exceeded the Energy Services industry 33.9%.


Return on Equity

High ROE: SUBC's Return on Equity (6.6%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/29 06:22
End of Day Share Price 2025/11/28 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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

Subsea 7 S.A. is covered by 38 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James WestBarclays
Michael PickupBarclays
Richard DawsonBerenberg