SUBC.OL
Subsea 7 S.A.
OsloNOKEQUITY
Energy
DELAYED
Last price
336.40
▼ 5.80 (1.69%)
MARKET · —
Price
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
341.60
Prev close
342.20
Day high
341.60
Day low
334.80
Volume
318.25K
Market cap
$100.10B
P/E (TTM)
17.58
52W range
180.10 – 358.20
Trailing performance
Returnvs SPY
1W
-2.09%
-0.7%
1M
+2.24%
-1.5%
3M
+7.57%
+4.5%
6M
+29.50%
+18.4%
YTD
+66.34%
+54.0%
1Y
+63.92%
+43.9%
3Y
+144.93%
+70.8%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on SUBC.OL open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
70.22M
Total on file
Fundamentals
Market cap$100.10B
Enterprise value$99.94B
Revenue (TTM)$7.52B
Gross profit$1.38B
EBITDA$1.43B
Net income$613.00M
EPS (TTM)$19.23
Free cash flow$1.51B
Total cash$1.05B
Total debt$855.70M
Book value / share$149.13
Shares outstanding296.15M
Float197.55M
Short % of float—
Dividend yield5.77%
Beta (5Y)0.59
Valuation & profitability ratios
Trailing P/E17.58
Forward P/E13.72
PEG ratio1.28
Price / sales—
Price / book2.27
EV / revenue13.29
EV / EBITDA70.07
Gross margin18.38%
Operating margin15.92%
Profit margin8.15%
Return on equity14.19%
Return on assets7.97%
Debt / equity19.54
Current ratio1.04
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $7.09B | $6.84B | $5.97B | $5.14B | +3.6% |
| Operating revenue | $7.09B | $6.84B | $5.97B | $5.14B | +3.6% |
| Cost of revenue | $6.01B | $6.13B | $5.61B | $4.74B | -2.0% |
| Gross profit | $1.07B | $704.70M | $362.80M | $397.00M | +52.5% |
| Selling, general & admin | $96.90M | $73.60M | $73.10M | $72.00M | +31.7% |
| Total operating expense | $339.80M | $297.20M | $266.10M | $248.80M | +14.3% |
| Operating income | $735.10M | $407.50M | $96.70M | $148.20M | +80.4% |
| Net interest income | -$64.50M | -$76.80M | -$46.00M | -$14.40M | +16.0% |
| Pre-tax income | $621.80M | $368.20M | $80.00M | $136.30M | +68.9% |
| Tax provision | $217.60M | $151.60M | $70.00M | $99.90M | +43.5% |
| Net income | $411.40M | $201.40M | $15.40M | $57.10M | +104.3% |
| Net income to common | $411.40M | $201.40M | $15.40M | $57.10M | +104.3% |
| Basic EPS | 1.39 | 0.68 | 0.05 | 0.20 | +104.4% |
| Diluted EPS | 1.38 | 0.67 | 0.05 | 0.19 | +106.0% |
| EBIT | $697.00M | $467.40M | $151.20M | $160.60M | +49.1% |
| EBITDA | $1.38B | $1.09B | $689.20M | $628.20M | +26.3% |
| Basic shares | 295.74M | 298.18M | 298.16M | 291.96M | -0.8% |
| Diluted shares | 297.73M | 299.78M | 299.16M | 292.99M | -0.7% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $969.70M | $575.30M | $726.20M | $610.40M | +68.6% |
| Cash & short-term investments | $969.70M | $575.30M | $726.20M | $610.40M | +68.6% |
| Accounts receivable | $657.80M | $498.90M | $695.40M | $425.10M | +31.9% |
| Inventory | $51.80M | $57.40M | $60.10M | $49.50M | -9.8% |
| Total current assets | $3.12B | $2.47B | $2.86B | $2.42B | +26.1% |
| Property, plant & equipment | $4.07B | $4.36B | $4.49B | $4.16B | -6.7% |
| Goodwill & intangibles | $268.70M | $271.30M | $250.70M | $222.40M | -1.0% |
| Total assets | $8.03B | $7.68B | $8.10B | $6.94B | +4.6% |
| Total current liabilities | $2.82B | $2.43B | $2.62B | $1.88B | +15.8% |
| Current debt | $181.30M | $138.20M | $123.50M | $53.80M | +31.2% |
| Long-term debt | $402.40M | $583.80M | $721.40M | $302.20M | -31.1% |
| Total debt | $933.50M | $1.18B | $1.30B | $613.00M | -20.7% |
| Total liabilities | $3.59B | $3.39B | $3.74B | $2.49B | +5.9% |
| Retained earnings | $1.86B | $1.82B | $1.78B | $1.74B | +1.8% |
| Shareholder equity | $4.41B | $4.25B | $4.32B | $4.12B | +3.7% |
| Working capital | $302.40M | $40.20M | $248.80M | $536.90M | +652.2% |
| Net tangible assets | $4.14B | $3.98B | $4.07B | $3.90B | +4.0% |
| Shares issued | 299.60M | 299.60M | 304.29M | 300.00M | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Net income | $621.80M | $368.20M | $80.00M | $136.30M | — | +68.9% |
| Depreciation & amortisation | $679.20M | $622.50M | $538.00M | $467.60M | — | +9.1% |
| Stock-based compensation | $8.70M | $6.20M | $4.90M | $3.50M | — | +40.3% |
| Change in working capital | $233.70M | $55.50M | $4.40M | -$8.10M | — | +321.1% |
| Operating cash flow | $1.47B | $931.40M | $660.00M | $485.80M | — | +57.9% |
| Capital expenditure | -$281.00M | -$348.70M | -$581.80M | -$231.00M | — | +19.4% |
| Investing cash flow | -$213.60M | -$413.60M | -$710.20M | -$220.10M | — | +48.4% |
| Share buybacks | — | — | — | — | -$21.00M | — |
| Dividends paid | -$376.20M | -$162.90M | -$112.10M | -$31.70M | — | -130.9% |
| Financing cash flow | -$873.80M | -$680.20M | $151.10M | -$211.20M | — | -28.5% |
| Free cash flow | $1.19B | $582.70M | $78.20M | $254.80M | — | +104.2% |
| End cash position | $969.70M | $575.30M | $750.90M | $645.60M | — | +68.6% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $1.93B | $1.79B | $1.96B | $1.84B | $1.76B | +7.7% |
| Operating revenue | $1.93B | $1.79B | $1.96B | $1.84B | $1.76B | +7.7% |
| Cost of revenue | $1.53B | $1.50B | $1.60B | $1.55B | $1.50B | +1.8% |
| Gross profit | $401.90M | $290.60M | $364.60M | $293.70M | $254.90M | +38.3% |
| Selling, general & admin | $95.00M | $88.00M | $90.60M | $76.50M | $84.30M | +8.0% |
| Total operating expense | $95.00M | $88.00M | $90.60M | $76.50M | $84.30M | +8.0% |
| Operating income | $306.90M | $202.60M | $274.00M | $217.20M | $170.60M | +51.5% |
| Net interest income | -$5.00M | -$7.00M | -$20.00M | -$12.20M | -$15.60M | +28.6% |
| Pre-tax income | $357.90M | $136.00M | $205.90M | $181.40M | $202.30M | +163.2% |
| Tax provision | $104.00M | $38.70M | $58.40M | $72.60M | $71.10M | +168.7% |
| Net income | $253.90M | $100.70M | $145.40M | $112.90M | $133.90M | +152.1% |
| Net income to common | $253.90M | $100.70M | $145.40M | $112.90M | $133.90M | +152.1% |
| Basic EPS | 0.86 | 0.34 | 0.49 | 0.38 | 0.45 | +152.9% |
| Diluted EPS | 0.85 | 0.34 | 0.49 | 0.38 | 0.45 | +150.0% |
| EBIT | $376.90M | $157.50M | $234.80M | $199.10M | $221.90M | +139.3% |
| EBITDA | $531.10M | $331.20M | $404.10M | $374.20M | $397.20M | +60.4% |
| Basic shares | 296.15M | 296.14M | 296.12M | 295.61M | 295.61M | +0.0% |
| Diluted shares | 298.70M | 298.27M | 297.71M | 297.56M | 297.22M | +0.1% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.05B | $1.07B | $969.70M | $545.70M | $413.30M | -2.6% |
| Cash & short-term investments | $1.05B | $1.07B | $969.70M | $545.70M | $413.30M | -2.6% |
| Accounts receivable | $1.01B | $1.15B | $657.80M | $1.06B | $841.90M | -11.8% |
| Inventory | $69.20M | $54.90M | $51.80M | $51.40M | $54.40M | +26.0% |
| Total current assets | $3.28B | $3.47B | $3.12B | $3.29B | $2.85B | -5.5% |
| Property, plant & equipment | $4.10B | $4.11B | $4.07B | $4.17B | $4.25B | -0.1% |
| Goodwill & intangibles | $279.60M | $279.20M | $268.70M | $267.40M | $265.40M | +0.1% |
| Total assets | $8.23B | $8.42B | $8.03B | $8.31B | $7.96B | -2.3% |
| Total current liabilities | $3.14B | $3.14B | $2.82B | $3.22B | $2.93B | +0.1% |
| Current debt | $181.30M | $191.40M | $181.30M | $181.30M | $166.90M | -5.3% |
| Long-term debt | $311.30M | $347.00M | $402.40M | $447.70M | $493.60M | -10.3% |
| Total debt | $855.70M | $875.40M | $933.50M | $1.03B | $1.09B | -2.3% |
| Total liabilities | $3.85B | $3.87B | $3.59B | $4.03B | $3.78B | -0.6% |
| Retained earnings | $1.80B | $1.96B | $1.86B | $1.72B | $1.61B | -8.2% |
| Shareholder equity | $4.34B | $4.51B | $4.41B | $4.25B | $4.14B | -3.8% |
| Working capital | $133.60M | $326.40M | $302.40M | $67.40M | -$77.70M | -59.1% |
| Net tangible assets | $4.06B | $4.23B | $4.14B | $3.98B | $3.88B | -4.1% |
| Shares issued | 299.60M | 299.60M | 299.60M | 299.60M | 299.60M | 0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2024-12-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | $357.80M | $136.00M | $205.90M | $181.40M | $202.30M | — | +163.1% |
| Depreciation & amortisation | $154.20M | $173.70M | $169.30M | $175.10M | $175.30M | — | -11.2% |
| Stock-based compensation | $9.00M | $3.30M | $3.00M | $2.10M | $1.70M | — | +172.7% |
| Change in working capital | $138.90M | -$54.40M | $420.00M | -$81.90M | $58.70M | — | +355.3% |
| Operating cash flow | $569.60M | $256.30M | $797.40M | $283.10M | $339.10M | — | +122.2% |
| Capital expenditure | -$91.50M | -$52.70M | -$65.00M | -$47.10M | -$92.80M | — | -73.6% |
| Investing cash flow | -$69.70M | -$31.00M | -$30.30M | -$34.40M | -$81.30M | — | -124.8% |
| Dividends paid | — | — | -$192.30M | $0 | — | -$80.90M | — |
| Financing cash flow | -$527.80M | -$127.70M | -$338.50M | -$123.10M | -$306.40M | — | -313.3% |
| Free cash flow | $478.10M | $203.60M | $732.40M | $236.00M | $246.30M | — | +134.8% |
| End cash position | $1.05B | $1.07B | $969.70M | $545.70M | $413.30M | — | -2.6% |
Options analytics
Put / call volume
—
—
Put / call open interest
—
Positioning, not flow
Max pain
—
—
ATM implied vol
—
Nearest strike to spot
Skew (10% OTM)
—
—
Call volume
0
Contracts, this expiry
Put volume
0
Contracts, this expiry
Heaviest call OI
—
—
Heaviest put OI
—
—
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 0.61 | 0.85 | +38.5% |
| Mar 2026 | 0.36 | 0.34 | -6.5% |
| Dec 2025 | 0.57 | 0.56 | -0.1% |
| Sep 2025 | 0.44 | 0.38 | -12.8% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.72 | 5 | $1.98B | +7.4% |
| Next quarter | 0.67 | 5 | $2.07B | +5.3% |
| Current year | 2.52 | 14 | $7.71B | +8.8% |
| Next year | 2.64 | 13 | $7.83B | +1.6% |
Analyst targets & ownership
Mean target$347.27
High target$445.27
Low target$233.29
Implied upside3.23%
Analyst count17
ConsensusBUY
Strong buy / Buy2 / 8
Hold4
Sell / Strong sell3 / 0
Held by insiders23.71%
Held by institutions55.00%
Institutions holding216
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
340.74
-1.27% from price
SMA 20
331.00
+2.11% from price
SMA 50
333.14
+1.46% from price
SMA 100
324.69
+3.61% from price
SMA 200
274.43
+23.16% from price
EMA 12
338.48
-0.61% from price
EMA 26
334.41
+0.60% from price
EMA 50
330.30
+1.85% from price
RSI (14)
53.3
Neutral
MACD (12,26,9)
4.07
Hist 1.13
ATR (14)
7.37
2.18% of price
Realised vol 30D
30.3%
Annualised
Bollinger upper
356.03
20, 2σ
Bollinger lower
305.97
20, 2σ
50 / 200 cross
Golden
333.14 vs 274.43
Trend bias
Above 200
+23.16%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.09
Less volatile than market
Correlation to SPY
0.04
Largely independent
Realised vol 30D
30.3%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-14.3%
Peak to trough
Max drawdown 5Y
-36.2%
Peak to trough
ATR 14
7.37
2.18% of price
Beta (reported)
0.59
5Y monthly, from filing
Dividends & splits
Forward rate$19.50 / yr
Forward yield5.77%
5-year avg yield—
Payout ratio99.56%
Ex-dividend dateMay 20, 2026
Next pay date—
Last split—
Split date—
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