CDLR
Cadeler A/S
NYSE: CDLR · INDUSTRIALS · ENGINEERING & CONSTRUCTION
$27.52
+5.12% today
Updated 2026-04-29
Market cap
$2.66B
P/E ratio
7.44
P/S ratio
4.28x
EPS (TTM)
$3.70
Dividend yield
—
52W range
$15 – $28
Volume
0.1M
Cadeler A/S (CDLR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $71.04M | $44.94M | $71.93M | $38.38M | $19.50M | $60.94M | $106.42M | $108.62M | $248.74M | $595.87M |
| Revenue growth (YoY) | — | -36.7% | +60.0% | -46.6% | -49.2% | +212.5% | +74.6% | +2.1% | +129.0% | +139.6% |
| Cost of revenue | $58.08M | $49.89M | $65.52M | $44.80M | $45.94M | $39.02M | $50.33M | $55.98M | $127.25M | $230.82M |
| Gross profit | $12.96M | $-4.95M | $6.40M | $-6.42M | $-26.44M | $21.91M | $56.09M | $52.64M | $121.49M | $365.05M |
| Gross margin | 18.2% | -11.0% | 8.9% | -16.7% | -135.6% | 36.0% | 52.7% | 48.5% | 48.8% | 61.3% |
| R&D | — | — | — | — | — | — | — | — | — | — |
| SG&A | — | — | $3.96M | $1.67M | $2.79M | $2.06M | $2.35M | $5.00M | $15.06M | $67.63M |
| Operating income | $10.01M | $-8.13M | $2.56M | $-13.64M | $-35.91M | $11.13M | $41.19M | $14.44M | $69.44M | $296.78M |
| Operating margin | 14.1% | -18.1% | 3.6% | -35.6% | -184.2% | 18.3% | 38.7% | 13.3% | 27.9% | 49.8% |
| EBITDA | $10.02M | $-8.13M | $2.56M | $-13.56M | $-31.96M | $27.30M | $62.91M | $49.65M | $124.47M | $400.12M |
| EBITDA margin | 14.1% | -18.1% | 3.6% | -35.3% | -163.9% | 44.8% | 59.1% | 45.7% | 50.0% | 67.1% |
| EBIT | $9.97M | $-8.18M | $2.48M | $-13.64M | $-35.90M | $11.13M | $41.19M | $27.15M | $69.44M | $296.78M |
| Interest expense | $856285.00 | $65687.00 | $5.68M | $5.66M | $4.29M | $3.44M | $1.53M | $2.88M | $2.80M | $22.98M |
| Income tax | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $7.11M | $-6.38M | $918974.00 | $-23.76M | $-27.03M | $7.45M | $35.54M | $11.50M | $65.07M | $269.13M |
| Net income growth (YoY) | — | -189.7% | +114.4% | -2685.8% | -13.8% | +127.6% | +377.0% | -67.6% | +465.9% | +313.6% |
| Profit margin | 10.0% | -14.2% | 1.3% | -61.9% | -138.6% | 12.2% | 33.4% | 10.6% | 26.2% | 45.2% |