BW Offshore Ratios and Metrics

Market cap in millions NOK. Fiscal year is January - December.

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Market Capitalization	8,121	5,415	4,054	4,495	5,135	6,820	Upgrade
Market Cap Growth	62.15%	33.59%	-9.81%	-12.46%	-24.71%	-44.13%	Upgrade
Enterprise Value	21,802	20,337	19,519	17,370	14,559	18,062	Upgrade
Last Close Price	44.65	26.91	18.13	18.11	17.97	24.51	Upgrade
PE Ratio	5.54	3.95	3.98	3.52	9.31	-	Upgrade
Forward PE	5.64	5.49	1.11	3.75	4.71	5.30	Upgrade
PS Ratio	1.57	0.79	0.61	0.59	0.70	0.90	Upgrade
PB Ratio	0.64	0.38	0.33	0.40	0.57	0.84	Upgrade
P/TBV Ratio	0.78	0.47	0.43	0.53	0.86	1.07	Upgrade
P/FCF Ratio	1016.38	-	-	-	2.71	2.62	Upgrade
P/OCF Ratio	2.14	1.31	0.72	0.70	1.14	2.05	Upgrade
EV/Sales Ratio	4.22	2.95	2.92	2.28	1.99	2.38	Upgrade
EV/EBITDA Ratio	8.97	5.79	6.49	5.27	4.19	4.91	Upgrade
EV/EBIT Ratio	17.01	12.78	16.27	12.88	12.44	13.86	Upgrade
EV/FCF Ratio	2728.50	-	-	-	7.69	6.95	Upgrade
Debt / Equity Ratio	1.27	1.28	1.31	1.11	1.12	1.16	Upgrade
Debt / EBITDA Ratio	6.14	5.05	5.15	3.71	2.84	2.52	Upgrade
Debt / FCF Ratio	2018.75	-	-	-	5.31	3.61	Upgrade
Asset Turnover	0.13	0.15	0.18	0.24	0.30	0.30	Upgrade
Inventory Turnover	-	50.16	50.67	22.22	12.52	7.17	Upgrade
Quick Ratio	2.21	2.21	1.03	0.84	1.01	0.89	Upgrade
Current Ratio	2.21	2.25	1.05	0.89	1.38	1.03	Upgrade
Return on Equity (ROE)	12.16%	9.81%	8.32%	11.92%	6.33%	-25.80%	Upgrade
Return on Assets (ROA)	2.24%	2.19%	1.98%	2.63%	2.97%	3.19%	Upgrade
Return on Capital (ROIC)	3.19%	3.12%	2.85%	3.73%	3.95%	3.99%	Upgrade
Return on Capital Employed (ROCE)	3.70%	3.70%	3.40%	4.70%	5.40%	6.90%	Upgrade
Earnings Yield	18.56%	25.30%	25.11%	28.43%	10.74%	-35.47%	Upgrade
FCF Yield	0.10%	-3.57%	-61.48%	-17.36%	36.85%	38.12%	Upgrade
Dividend Yield	7.31%	13.83%	10.79%	7.62%	6.86%	4.83%	Upgrade
Payout Ratio	39.10%	41.29%	25.20%	19.51%	40.41%	-	Upgrade
Buyback Yield / Dilution	6.88%	2.70%	1.82%	1.90%	-18.97%	4.26%	Upgrade
Total Shareholder Return	14.15%	16.53%	12.62%	9.52%	-12.10%	9.09%	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.