YouTube · Q2 FY2027 · 2026-09-04
CDLR · NYSE
Cadeler A/S
Engineering & Construction · Denmark
- Market cap (USD)
- US$2.46B
- Trailing P/E
- 10.28x
- Forward P/E
- —
- Quarterly revenue growth
- 21.3%
- Trailing net margin
- 27.5%
- Indicated dividend yield
- —
Snapshot 2026-09-20 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Company background
Cadeler A/S, together with its subsidiaries, operates as an offshore wind installation vessel contractor in Denmark, the United Kingdom, Germany, Poland, rest of Europe, the United States, and Taiwan. The company engages in the transport and installation of offshore wind turbine generators, foundations, and topsides and substations; maintenance of offshore wind turbine generators, and offshore structures and platforms; and offshore construction within the renewable space. It is also involved offshore decommissioning within the renewable space; salvage assistance; and heavy lift and project cargo. In addition, the company owns and operates ten offshore jack-up windfarm installation vessels. Further, it also provides hydraulic pile driving solutions. Cadeler A/S was incorporated in 2008 and is headquartered in Copenhagen, Denmark.
Company websiteH1 2026
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Comparable businesses
CDLR peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | CDLRCadeler A/SSnapshot 2026-09-20Financial period: 2026-06-30 | AGXArgan, Inc.Snapshot 2026-09-20Financial period: 2026-07-31 | ECGEverus Construction Group, Inc.Snapshot 2026-09-20Financial period: 2026-06-30 | Peer medianSimilar-size peers only |
|---|---|---|---|---|
| Market capMarket value, converted to USD | US$2.46B | US$5.47B | US$5.92B | US$5.69Bn=2 |
| Forward P/EProvider forward earnings estimate | — | 24.02x | 19.28x | 21.65xn=2 |
| EV / EBITDAEnterprise value / trailing EBITDA | — | 24.06x | 16.76x | 20.41xn=2 |
| Revenue growthLatest quarter vs prior-year quarter | 21.3% | 61.5% | 33.7% | 47.6%n=2 |
| Operating marginLatest reported quarter | 40.1% | 14.8% | 9.1% | 11.9%n=2 |
| Free cash flow yieldTrailing cash flow / market cap | — | 8.6% | 3.1% | 5.8%n=2 |
| Net debt / EBITDANet debt / trailing EBITDA | 3.36x | -5.50x | 0.56x | -2.47xn=2 |
| Debt / equityTotal debt / positive book equity | 0.91x | 0.02x | 0.47x | 0.25xn=2 |
| Trailing P/ETrailing twelve-month earnings | 10.28x | 30.77x | 23.29x | 27.03xn=2 |
| Price / bookPrice / positive book equity per share | 1.20x | 10.79x | 7.66x | 9.23xn=2 |
| EV / salesEnterprise value / trailing revenue | — | 3.75x | 1.44x | 2.59xn=2 |
| Earnings growthLatest quarter vs prior-year quarter | -26.3% | 50.4% | 59.2% | 54.8%n=2 |
| Gross marginTrailing twelve months | 47.0% | 20.7% | 13.0% | 16.9%n=2 |
| Net marginTrailing twelve months | 27.5% | 15.1% | 6.0% | 10.5%n=2 |
| Return on equityProvider trailing return; positive equity only | 12.7% | 39.8% | 39.5% | 39.7%n=2 |
| Free cash flow marginTrailing free cash flow / revenue | -50.5% | 39.4% | 4.3% | 21.8%n=2 |
| Dividend yieldIndicated annual dividend / price | — | 0.7% | — | — |
| Earnings payoutProvider trailing dividend payout | 0.0% | 15.8% | 0.0% | 7.9%n=2 |
| Current ratioCurrent assets / current liabilities | 1.62x | 1.50x | 1.59x | 1.54xn=2 |
| BetaProvider historical market sensitivity | 0.71 | 0.57 | — | — |
YouTube · Q2 FY2027 · 2026-09-04
Everus Construction Group, Inc. (ECG)
Extended size range · 2.41x market cap
Engineering & Construction
YouTube · Q2 2026 · 2026-08-05
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Reported performance
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Financial data & calculation notes
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THE RESEARCH RECORD
Research history for CDLR
H1 20262026-08-27
Cadeler (CDLR) H1 2026: Cash Profit Doubled, Profit Halved
Presentation · 2026-08-27 · YouTube