To the full analysis
SalMar stock: growth
SALM.OLSalMar reported $2.87B in revenue for fiscal 2025, up 3.7% on the prior year, up 16.2% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
17.7%
per year from 2006 to 2025, per share 15.9%
Earnings (Annual rate)
4.9%
per year from 2006 to 2025, per share 3.3%
Free cash flow (Annual rate)
12.7%
per year from 2006 to 2025, per share 11%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 16.2% | 14.1% | 17.7% |
| Revenue per share | 12.5% | 12.1% | 15.9% |
| Earnings | −11.0% | 0.0% | 4.9% |
| Earnings per share | −14.0% | −1.8% | 3.3% |
| Free cash flow | no data | 3.4% | 12.7% |
| Free cash flow per share | no data | 1.7% | 11.0% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $130.15M | $46.68M | $13.6M |
| 2007 | $176M | $36.91M | $16.06M |
| 2008 | $178.78M | $17.71M | −$1.83M |
| 2009 | $249.28M | $49.4M | $27.22M |
| 2010 | $356.66M | $100.51M | $21.07M |
| 2011 | $398.19M | $15.46M | −$11.8M |
| 2012 | $441.1M | $49.03M | −$9.4M |
| 2013 | $655.22M | $187.78M | $84.63M |
| 2014 | $753.83M | $125.1M | $63.67M |
| 2015 | $768.55M | $115.74M | $93.95M |
| 2016 | $940.28M | $276.64M | $170.76M |
| 2017 | $1.13B | $238.55M | $255.69M |
| 2018 | $1.19B | $374.34M | $192.57M |
| 2019 | $1.28B | $261M | $176.46M |
| 2020 | $1.35B | $207.61M | −$60.48M |
| 2021 | $1.58B | $274.5M | $71.77M |
| 2022 | $2.11B | $347.44M | $185.42M |
| 2023 | $2.95B | $335.98M | $694.79M |
| 2024 | $2.77B | $311.46M | $376.71M |
| 2025 | $2.87B | $115.92M | $131.76M |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = NOK 9.5325)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 3 Jul 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.