📣 VC round data is live. Check it out!
- Public Comps
- Cadeler
Cadeler Valuation Multiples
Discover Cadeler's revenue and EBITDA valuation multiples and M&A history, alongside public comparables like Andersons, Societatea Energetica, Gulf Navigation Holding, Aktor Group and more.
Cadeler Overview
About Cadeler
Cadeler AS is an offshore wind farm vessel contractor. It is engaged in offshore wind farm construction, maintenance, and decommissioning and provides marine and engineering operations to the wind industry, focusing on safety and the environment. The company operates six offshore jack-up wind farm installation vessels. In addition to wind farm installation, these vessels can perform maintenance, construction, decommissioning, and other tasks within the offshore industry.
Founded
2008
HQ

Employees
659
Website
Financials (LTM)
EV
$4B
Valuation Multiples
Start free trialCadeler Financials
Cadeler reported last 12-month revenue of $854M and EBITDA of $511M.
In the same LTM period, Cadeler generated $543M in gross profit, $511M in EBITDA, and $303M in net income.
Revenue (LTM)
Cadeler P&L
In the most recent fiscal year, Cadeler reported revenue of $723M and EBITDA of $492M.
Cadeler is profitable as of last fiscal year, with gross margin of 62%, EBITDA margin of 68%, and net margin of 45%.
Financial data powered by Morningstar, Inc.
Cadeler Stock Performance
Cadeler has current market cap of $2B, and enterprise value of $4B.
Market Cap Evolution
Cadeler's stock price is $6.42.
Cadeler share price increased by 22.9% in the last year.
Cadeler has an EPS (earnings per share) of $0.85.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $4B | $2B | 0.0% | 0.0% | 7.1% | 22.9% | $0.85 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialCadeler Valuation Multiples
Cadeler trades at 4.8x EV/Revenue multiple, and 8.0x EV/EBITDA.
EV / Revenue (LTM)
Cadeler Financial Valuation Multiples
As of June 2, 2026, Cadeler has market cap of $2B and EV of $4B.
Cadeler has a P/E ratio of 8.2x.
Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Cadeler Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Cadeler Margins & Growth Rates
Cadeler grew revenue by 44% and EBITDA by 9% in the last fiscal year.
In the most recent fiscal year, Cadeler reported gross margin of 62%, EBITDA margin of 68%, and net margin of 45%.
Cadeler Margins
Cadeler Growth Rates
Data powered by FactSet, Inc. and Morningstar, Inc.
Cadeler Operational KPIs
Cadeler's revenue per employee in the last FY averaged $1.1M, while opex per employee averaged $0.1M for the same period.
Cadeler's Rule of 40 is 96% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Cadeler's Rule of X is 162% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Data powered by FactSet, Inc. and Morningstar, Inc.
Cadeler Competitors
Cadeler competitors include Andersons, Societatea Energetica, Gulf Navigation Holding, Aktor Group, Teekay Tankers, NRW Holdings, Viva Energy Australia, Bravida Holding, Indraprastha Gas and Petrol Group.
Most Cadeler public comparables operate across Energy Services, Renewable Energy, Construction & Engineering and ClimateTech.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| 0.3x | 0.3x | 11.0x | 10.1x | |||
| 1.8x | - | 11.6x | - | |||
| 33.0x | - | 66.8x | - | |||
| 2.3x | - | 20.7x | - | |||
| 1.6x | 2.3x | 3.5x | 3.8x | |||
| 1.1x | 0.9x | 10.5x | 8.1x | |||
| 0.3x | 0.3x | 13.3x | 10.0x | |||
| 0.8x | 0.8x | 10.1x | 10.0x | |||
This data is available for Pro users. Sign up to see all Cadeler competitors and their valuation data. Start Free Trial | ||||||
Acquisitions by Cadeler
Cadeler has acquired 1 company to date.
Last acquisition by Cadeler was on June 16th 2023. Cadeler acquired Eneti for $584M (EV/Revenue multiple available to Pro users).
Latest Acquisitions by Cadeler
| Description | Eneti is a Hamilton-headquartered owner and operator of dry bulk carriers transporting commodities worldwide. Its fleet of 14 Kamsarmax and Ultramax vessels with 1.2 million deadweight tons capacity hauls coal, iron ore, and grains from Australia to Europe and Asia. Eneti charters ships to major trading houses under period time charters averaging 2-5 years. |
| HQ Country | |
| HQ City | New York City, NY |
| Deal Date | 16 Jun 2023 |
| Valuation | $584M |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Cadeler acquisitions and their M&A valuation multiples. Start Free Trial | |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Cadeler
| When was Cadeler founded? | Cadeler was founded in 2008. |
| Where is Cadeler headquartered? | Cadeler is headquartered in Denmark. |
| How many employees does Cadeler have? | As of today, Cadeler has over 659 employees. |
| Who is the CEO of Cadeler? | Cadeler's CEO is Mikkel Gleerup. |
| Is Cadeler publicly listed? | Yes, Cadeler is a public company listed on Oslo Børs. |
| What is the stock symbol of Cadeler? | Cadeler trades under CADLR ticker. |
| When did Cadeler go public? | Cadeler went public in 2020. |
| Who are competitors of Cadeler? | Cadeler main competitors include Andersons, Societatea Energetica, Gulf Navigation Holding, Aktor Group, Teekay Tankers, NRW Holdings, Viva Energy Australia, Bravida Holding, Indraprastha Gas, Petrol Group. |
| What is the current market cap of Cadeler? | Cadeler's current market cap is $2B. |
| What is the current revenue of Cadeler? | Cadeler's last 12 months revenue is $854M. |
| What is the current revenue growth of Cadeler? | Cadeler revenue growth (NTM/LTM) is 39%. |
| What is the current EV/Revenue multiple of Cadeler? | Current revenue multiple of Cadeler is 4.8x. |
| What is the current EBITDA of Cadeler? | Cadeler's last 12 months EBITDA is $511M. |
| What is Cadeler's EBITDA margin? | Cadeler's last 12 months EBITDA margin is 60%. |
| What is the current EV/EBITDA multiple of Cadeler? | Current EBITDA multiple of Cadeler is 8.0x. |
| What is the current FCF of Cadeler? | Cadeler's last 12 months FCF is ($605M). |
| What is Cadeler's FCF margin? | Cadeler's last 12 months FCF margin is (71%). |
| What is the current EV/FCF multiple of Cadeler? | Current FCF multiple of Cadeler is (6.7x). |
| How many companies Cadeler has acquired to date? | As of June 2026, Cadeler has acquired 1 company. |
| What was the largest acquisition by Cadeler? | $584M acquisition of Eneti on 16th June 2023 was the largest M&A Cadeler has done to date. |
| What companies Cadeler acquired? | Cadeler acquired Eneti. |
| In how many companies Cadeler has invested to date? | Cadeler hasn't invested in any companies yet (or none have been disclosed publicly). |
See public comps similar to Cadeler
Lists including Cadeler
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.
