Companies: 10,795·Total market cap: $144.5T
Cadeler A/S

Cadeler A/S

CDLRNYSEIndustrials● Active
$23.29
$-0.52(-2.16%)
Market Cap$2.1B
P/E Ratio—
52W High$30.01
52W Low$15.37
Overview

Cadeler A/S (CDLR) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

CDLR · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was −$862.5M for FY2025 (fiscal year ending 2025-12-31), down 65.0% year-over-year The FCF margin was -144.8%.

FY2025 Free Cash Flow−$862.5M▼ -65.0% YoY
Trailing 12M (TTM)−$463.7Mtrailing 4 quarters sum
FCF Margin-144.8%−$862.5M ÷ revenue
3-Year CAGRN/AN/A — contains negative FCF
5-Year CAGRN/AN/A — contains negative FCF
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
cdlr free cash flow history · cdlr free cash flow chart · cdlr free cash flow growth rate · cdlr free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest−$862.5M▼ 65.0%-144.8%
FY2024−$522.9M▼ 14640.7%-210.2%
FY2023−$3.5M▲ +98.2%-3.3%
FY2022−$196.4M▼ 47.5%-184.5%
FY2021−$133.2M▲ +49.9%-218.5%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
cdlr free cash flow 2025 · cdlr free cash flow 2024 · cdlr free cash flow 2023 · cdlr operating cash flow

FCF valuation metrics

Cadeler A/S (CDLR) reported negative free cash flow of −$0.86B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)
N/A
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
N/A
TTM FCF ÷ Shares Outstanding
Price / FCF
N/A
Share Price ÷ FCF per Share
EV / FCF (TTM)
N/A
Enterprise Value basis
!

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31
cdlr price to free cash flow · cdlr free cash flow yield · cdlr free cash flow per share · cdlr price to cash flow ratio

Cash flow statement summary

For FY2025, Cadeler A/S generated $324.4M in operating cash flow and spent 1.19B in capital expenditures, yielding −$862.5M in free cash flow.

Operating Activities
+$324.4M
Cash from core business operations
2025-12-31
Investing Activities
−$1.21B
CapEx, acquisitions & investments
2025-12-31
Financing Activities
+$983.7M
Buybacks, dividends & debt
2025-12-31
FCF FormulaOperating CF ($324.4M) − |CapEx| (1.19B) = FCF (−$862.5M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →
cdlr cash flow statement · cdlr cash flow statement 2025 · cdlr operating cash flow · cdlr cash flow from operations

Free cash flow vs peers (Industrials)

#CompanyFree Cash FlowYoY
#1
Cadeler A/S
Cadeler A/SYOU
CDLR
−$862.5M-65.0%
#2
Caterpillar Inc.
Caterpillar Inc.
CAT
$10.27B+16.5%#3
RTX Corporation
RTX Corporation
RTX
$7.94B+75.1%#4
GE Aerospace
GE Aerospace
GE
$7.26B+97.5%#5
The Boeing Company
The Boeing Company
BA
−$1.88B+87.0%#6
Space Exploration Technologies Corp.
Space Exploration Technologies Corp.
SPCX
−$13.95B-159.0%
Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Cadeler A/S (CDLR) reported free cash flow of −$862.5M for FY2025 (fiscal year ending 2025-12-31), down 65.0% year-over-year. The FCF margin was -144.8%.

Based on available data, Cadeler A/S has maintained positive free cash flow for at least 1 fiscal year(s). FCF peaked at $12.0M in FY2018.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.
RevenueFinancial statementsNet incomeEarningsForecastPrice historyMarket capCash on handP/E ratio

Frequently asked questions

CDLR free cash flow · 8 questions

Cadeler A/S free cash flow was −$862.5M for FY2025, down 65.0% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$463.7M.

CDLR free cash flowCDLR FCFCDLR FCF 2025CDLR free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Cadeler A/S · Cadeler A/S SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026