CDLRNYSEDeep Sea Foreign Transportation of FreightFiscal year ends December 31

Cadeler A/S

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 24, 2026

$21.94+0.21 (+0.97%)

Close on Oct 19, 2026

Cadeler A/S balance sheet

Annual Quarterly

EUR USD

Millions of EUR, except per-share data. Shares in millions.

Line item	Q4 2025 2025-12-31	Q2 2025 2025-06-30	Q4 2024 2024-12-31	Q2 2024 2024-06-30	Q4 2023 2023-12-31	Q2 2023 2023-06-30	Q4 2022 2022-12-31	Q4 2021 2021-12-31	Q4 2020 2020-12-31
Cash & Equivalents	152	53	51	93	97	19	19	2.31	64
Cash & Short-Term Investments	152	53	51	93	97	19	19	2.31	64
Receivables	139	112	63	40	31	–	18	20	–
Inventory	3.54	2.27	1.04	0.95	1.84	–	0.55	0.44	–
Prepaid Expenses & Other	3.00	–	–	–	–	–	–	–	–
Total Current Assets	390	353	181	176	147	–	60	25	–
Property, Plant & Equipment	2,937	2,385	1,712	1,381	1,086	–	606	399	–
Operating Lease Right-of-Use Assets	13	11	10	11	0.97	–	0.29	0.46	–
Deferred Tax Assets	0	–	0	–	0	–	–	–	–
Other Long-Term Assets	54	–	7.21	–	0	–	–	–	–
Total Assets	3,417	2,769	1,937	1,590	1,253	–	670	425	–
Accounts Payable	98	52	44	42	33	–	8.82	9.70	–
Current Portion of Long-Term Debt	116	205	31	4.34	0.80	–	0.77	29	–
Current Debt	116	205	31	4.34	0.80	–	0.77	29	–
Current Portion of Leases	1.06	1.71	1.27	1.26	0.60	–	0.28	0.30	–
Current Income Taxes Payable	3.64	3.85	0.75	0.48	1.22	–	0.01	0.01	–
Total Current Liabilities	351	358	124	77	54	–	12	54	–
Long-Term Debt	1,495	994	540	335	205	–	114	44	–
Long-Term Leases	12	10	9.70	9.86	0.39	–	–	0.21	–
Operating Lease Liabilities	14	12	11	11	0.99	–	0.28	0.51	–
Deferred Tax Liabilities	13	12	12	11	10	–	–	–	–
Total Liabilities	1,913	1,399	703	438	294	–	129	100	–
Total Debt	1,611	1,198	571	339	206	–	115	73	–
Common Stock	47	47	47	47	42	–	27	19	–
Additional Paid-In Capital	1,099	1,099	1,099	1,100	953	–	510	339	–
Retained Earnings	342	228	59	-6.53	-7.37	–	3.11	-33	–
Treasury Stock	-3.00	-3.00	-1.28	–	0	–	–	–	–
Shareholders' Equity	1,504	1,371	1,234	1,151	959	564	541	325	241
Total Liabilities & Equity	3,417	2,769	1,937	1,590	1,253	–	670	425	–
Shares Outstanding(shares)	351	–	–	–	311	–	198	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: 61.8%
Operating margin: 51.2%
Net margin: 45.2%
Return on equity, FY2025: 20.5%

Financial strength

Current ratio: 1.11
Debt to equity: 1.07
Debt to assets: 47.1%
Cash to current liabilities: 43.2%

Valuation

P/E ratio: –
Price to sales: –
Price to book: –
Dividend yield: –

Valuation ratios need the share price and fill in once daily prices are connected.