SBM Offshore N.V. (SBMO) - Net Assets

Latest as of December 2025: €6.48 Billion EUR ≈ $7.58 Billion USD

Based on the latest financial reports, SBM Offshore N.V. (SBMO) has net assets worth €6.48 Billion EUR (≈ $7.58 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€18.10 Billion ≈ $21.16 Billion USD) and total liabilities (€11.62 Billion ≈ $13.58 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check SBM Offshore N.V. tangible book value ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets €6.48 Billion
% of Total Assets 35.81%
Annual Growth Rate 11.82%
5-Year Change 83.31%
10-Year Change 84.56%
Growth Volatility 19.9

SBM Offshore N.V. - Net Assets Trend (2000–2025)

This chart illustrates how SBM Offshore N.V.'s net assets have evolved over time, based on quarterly financial data. See SBMO defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for SBM Offshore N.V. (2000–2025)

The table below shows the annual net assets of SBM Offshore N.V. from 2000 to 2025. For live valuation and market cap data, see SBM Offshore N.V. stock valuation.

Year Net Assets Change
2025-12-31 €6.48 Billion
≈ $7.58 Billion		 +10.91%
2024-12-31 €5.84 Billion
≈ $6.83 Billion		 +5.68%
2023-12-31 €5.53 Billion
≈ $6.47 Billion		 +12.54%
2022-12-31 €4.91 Billion
≈ $5.74 Billion		 +38.97%
2021-12-31 €3.54 Billion
≈ $4.13 Billion		 +2.17%
2020-12-31 €3.46 Billion
≈ $4.05 Billion		 -4.21%
2019-12-31 €3.61 Billion
≈ $4.22 Billion		 +0.03%
2018-12-31 €3.61 Billion
≈ $4.22 Billion		 +1.49%
2017-12-31 €3.56 Billion
≈ $4.16 Billion		 +1.34%
2016-12-31 €3.51 Billion
≈ $4.11 Billion		 +1.33%
2015-12-31 €3.47 Billion
≈ $4.05 Billion		 +10.07%
2014-12-31 €3.15 Billion
≈ $3.68 Billion		 +47.49%
2013-12-31 €2.13 Billion
≈ $2.50 Billion		 +38.65%
2012-12-31 €1.54 Billion
≈ $1.80 Billion		 +14.14%
2011-12-31 €1.35 Billion
≈ $1.58 Billion		 -36.47%
2010-12-31 €2.12 Billion
≈ $2.48 Billion		 +16.87%
2009-12-31 €1.82 Billion
≈ $2.12 Billion		 +46.41%
2008-12-31 €1.24 Billion
≈ $1.45 Billion		 -7.24%
2007-12-31 €1.34 Billion
≈ $1.56 Billion		 +19.54%
2006-12-31 €1.12 Billion
≈ $1.31 Billion		 +24.98%
2005-12-31 €895.34 Million
≈ $1.05 Billion		 +35.13%
2004-12-31 €662.59 Million
≈ $774.64 Million		 -7.11%
2003-12-31 €713.27 Million
≈ $833.89 Million		 +4.45%
2002-12-31 €682.90 Million
≈ $798.38 Million		 +16.77%
2001-12-31 €584.80 Million
≈ $683.69 Million		 +47.36%
2000-12-31 €396.86 Million
≈ $463.97 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to SBM Offshore N.V.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 312637263300.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings €3.13 Billion 70.96%
Common Stock €50.01 Million 1.14%
Other Comprehensive Income €286.03 Million 6.49%
Other Components €943.11 Million 21.41%
Total Equity €4.41 Billion 100.00%

SBM Offshore N.V. Competitors by Market Cap

The table below lists competitors of SBM Offshore N.V. ranked by their market capitalization.

Company Market Cap
Guangzhou Great Power Energy&Technology Co Ltd
SHE:300438
 $5.67 Billion
OrangePL
WAR:OPL
 $5.67 Billion
Maase Inc.
NASDAQ:MAAS
 $5.68 Billion
Vipshop Holdings Limited
NYSE:VIPS
 $5.68 Billion
Teleflex Incorporated
NYSE:TFX
 $5.66 Billion
Hancock Whitney Corp
NASDAQ:HWC
 $5.66 Billion
Home BancShares Inc
NYSE:HOMB
 $5.66 Billion
Cipher Mining Inc
NASDAQ:CIFR
 $5.66 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in SBM Offshore N.V.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 3,619,000,000 to 4,405,525,096, a change of 786,525,096 (21.7%).
  • Net income of 959,589,879 contributed positively to equity growth.
  • Dividend payments of 170,686,268 reduced retained earnings.
  • Share repurchases of 181,093,968 reduced equity.
  • Other comprehensive income increased equity by 178,034,091.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income €959.59 Million +21.78%
Dividends Paid €170.69 Million -3.87%
Share Repurchases €181.09 Million -4.11%
Other Comprehensive Income €178.03 Million +4.04%
Other Changes €681.36K +0.02%
Total Change €- 21.73%

Book Value vs Market Value Analysis

This analysis compares SBM Offshore N.V.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.30x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 10.73x to 1.30x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-12-31 €3.04 €32.62 x
2001-12-31 €4.50 €32.62 x
2002-12-31 €5.21 €32.62 x
2003-12-31 €5.36 €32.62 x
2004-12-31 €4.91 €32.62 x
2005-12-31 €6.46 €32.62 x
2006-12-31 €7.86 €32.62 x
2007-12-31 €8.93 €32.62 x
2008-12-31 €8.31 €32.62 x
2009-12-31 €11.71 €32.62 x
2010-12-31 €12.04 €32.62 x
2011-12-31 €7.39 €32.62 x
2012-12-31 €8.36 €32.62 x
2013-12-31 €10.07 €32.62 x
2014-12-31 €11.55 €32.62 x
2015-12-31 €11.83 €32.62 x
2016-12-31 €11.95 €32.62 x
2017-12-31 €12.33 €32.62 x
2018-12-31 €12.89 €32.62 x
2019-12-31 €13.84 €32.62 x
2020-12-31 €13.35 €32.62 x
2021-12-31 €13.89 €32.62 x
2022-12-31 €18.89 €32.62 x
2023-12-31 €20.57 €32.62 x
2024-12-31 €19.99 €32.62 x
2025-12-31 €25.08 €32.62 x

Capital Efficiency Dashboard

This dashboard shows how efficiently SBM Offshore N.V. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 21.78%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 15.62%
  • • Asset Turnover: 0.34x
  • • Equity Multiplier: 4.11x
  • Recent ROE (21.78%) is above the historical average (9.92%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 19.04% 9.08% 0.62x 3.37x €35.70 Million
2001 13.81% 8.36% 0.60x 2.73x €22.25 Million
2002 11.43% 8.33% 0.41x 3.38x €9.71 Million
2003 6.59% 2.52% 0.66x 3.94x €-24.17 Million
2004 4.35% 2.70% 0.41x 3.95x €-37.43 Million
2005 25.21% 14.85% 0.62x 2.76x €136.18 Million
2006 19.33% 10.87% 0.68x 2.63x €104.37 Million
2007 20.01% 9.29% 0.79x 2.73x €133.42 Million
2008 18.46% 7.45% 0.70x 3.52x €104.40 Million
2009 12.76% 7.78% 0.63x 2.58x €49.72 Million
2010 13.31% 9.03% 0.60x 2.46x €68.69 Million
2011 -34.33% -13.96% 0.60x 4.12x €-568.97 Million
2012 -5.41% -2.15% 0.58x 4.31x €-226.34 Million
2013 5.38% 2.31% 0.67x 3.45x €-95.40 Million
2014 23.77% 10.49% 0.49x 4.60x €333.10 Million
2015 1.16% 1.07% 0.24x 4.54x €-220.60 Million
2016 7.23% 8.01% 0.20x 4.57x €-69.60 Million
2017 -6.20% -8.33% 0.17x 4.40x €-405.10 Million
2018 8.05% 9.46% 0.22x 3.79x €-51.40 Million
2019 18.60% 15.07% 0.33x 3.74x €236.20 Million
2020 7.47% 5.46% 0.32x 4.34x €-64.60 Million
2021 15.51% 10.67% 0.28x 5.12x €142.10 Million
2022 13.25% 9.16% 0.31x 4.68x €110.30 Million
2023 13.15% 9.90% 0.29x 4.60x €117.70 Million
2024 4.14% 3.14% 0.28x 4.74x €-211.90 Million
2025 21.78% 15.62% 0.34x 4.11x €519.04 Million

Industry Comparison

This section compares SBM Offshore N.V.'s net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.

Industry Context

  • Industry: Oil & Gas Equipment & Services
  • Average net assets among peers: $607,887,000
  • Average return on equity (ROE) among peers: -17.85%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
SBM Offshore N.V. (SBMO) €6.48 Billion 19.04% 1.79x $5.66 Billion
Fugro N.V. (FUR) $607.89 Million -17.85% 2.38x $1.30 Billion

About SBM Offshore N.V.

AS:SBMO Netherlands Oil & Gas Equipment & Services
Market Cap
$6.35 Billion
€5.43 Billion EUR
Market Cap Rank
#3333 Global
#30 in Netherlands
Share Price
€32.62
Change (1 day)
-0.18%
52-Week Range
€21.20 - €37.00
All Time High
€37.00
Categories
Companies in Netherlands Oil & Gas Equipment & Services
About

SBM Offshore N.V. provides floating production solutions to the offshore energy industry worldwide. It operates in two segments, Lease and Operate, and Turnkey. It engages in the design, supply, installation, operation, demobilization, and life extension of floating production storage and offloading (FPSO) vessels. The company also operates catenary anchor leg mooring (CALM), a single point moori… Read more