Cadeler A/S
CDLR NYSE· Deep Sea Foreign Transportation Of Freight
Last close · Nov 5, 2026
$7.40
Key numbers, fiscal 2025
Market cap
$656M
P/E
2.1x
Revenue
$700M
Net income
$316M
Free cash flow
−$949M
Operating margin
51.2%
Cadeler A/S in 30 seconds fiscal 2025
Are sales growing?
+160.0%
Yes. Sales grew 160.0% last year.
Does it make a profit?
45.2%
Yes. It keeps 45.2% of every sale as profit.
How long would its cash last?
0.2 yrs
Not long. It burns $949M a year and holds $178M, under a year at that pace, so it may need new money soon.
Is debt under control?
5.0x
Heavy. Repaying its debt would take 5.0 years of operating profit.
How healthy are the accounts?
7 / 9
Solid. It passes 7 of 9 health tests.
How is the share priced?
2.1x
One share costs 2.1 times its yearly profit per share.
What Cadeler A/S does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Mar 24, 2026
- Legal name
- Cadeler A/S
- CIK
- 0001978867
Cadeler A/S · CDLR · stoqly.net
Results and finances
The last 5 fiscal years. Amounts in USD. Compiled by stoqly.net.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $72.1M | $112M | $117M | $269M | $700M |
| Revenue growth | — | 55.2% | 5.0% | 129.1% | 160.0% |
| Gross margin | 36.2% | 53.5% | 44.9% | 50.1% | 61.8% |
| Operating margin | 18.3% | 38.7% | 13.3% | 27.9% | 51.2% |
| Net income | $8.8M | $37.4M | $12.4M | $70.4M | $316M |
| Net margin | 12.2% | 33.4% | 10.6% | 26.2% | 45.2% |
| Diluted EPS | $0.28 | $0.92 | $0.26 | $0.82 | $3.56 |
| Cash | |||||
| Cash from operations | $35.7M | $30.5M | $68.5M | $101M | $445M |
| Capital expenditure | $193M | $236M | $72.3M | $666M | $1.4B |
| Free cash flow | −$157M | −$206M | −$3.8M | −$565M | −$949M |
| FCF margin | −217.8% | −183.8% | −3.2% | −210.0% | −135.6% |
| Share buybacks | — | — | $0.0M | $1.4M | $1.9M |
| Share count change | — | 25.0% | 24.0% | 70.7% | 2.2% |
| Debt and strength | |||||
| Cash and short-term investments | $2.6M | $20.3M | $107M | $53.2M | $178M |
| Debt incl. finance leases | $82.8M | $123M | $227M | $6.2B | $2.0B |
| Shareholders' equity | $368M | $577M | $1.1B | $1.3B | $1.8B |
| Net debt / EBITDA | 5.9x | 2.3x | 7.4x | 79.0x | 5.0x |
| Current ratio | 0.5x | 5.0x | 2.8x | 1.5x | 1.1x |
| Interest coverage | 2.0x | 41.2x | 3.2x | 9.6x | 8.5x |
| Returns and quality | |||||
| Return on capital | 2.9% | 5.0% | 1.3% | 1.0% | 9.7% |
| Return on equity | 2.4% | 7.9% | 1.5% | 6.0% | 20.7% |
| Return on tangible equity | 2.4% | 6.5% | 1.2% | 5.5% | 17.9% |
| Piotroski F-score | — | 7 | 4 | 6 | 7 |
| Altman Z'' | 2.9 | 5.3 | 4.0 | 2.4 | 1.8 |
Insider trades 12 months
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Cadeler A/S · CDLR · stoqly.net
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Compiled and analysed by stoqly.net from SEC EDGAR XBRL filings (CIK 0001978867). Latest version: stoqly.net/companies/cdlr. Data updated November 1, 2026. Filed in EUR under IFRS and converted to US$: income and cash-flow lines at each period's average exchange rate, balance-sheet lines at the period-end rate. For information only — not investment advice. Check the original filings before relying on any figure.