Aker Solutions ASA (AKRYY) Stock

About Aker Solutions ASA

Aker Solutions ASA engages in the provision of integrated solutions, products, and services to the global energy industry. It operates through the following segments: Renewables and Field Development, Life Cycle, and Other. The Renewables and Field Development segment represents the projects within offshore wind power, green onshore, and the market for traditional oil and gas platforms, onshore facilities, decommissioning, and marine operations. The Life Cycle segment provides optimized field life solutions driven by decarbonization and environmentally sound offerings both for offshore and onshore facilities. The Other segment consists of unallocated corporate costs and the effect of hedges not qualifying for hedge accounting. The company was founded in 1841 and is headquartered in Lysaker, Norway.

Aker Solutions ASA is headquartered in NO.

Aker Solutions ASA (AKRYY) stock trades at $9.20 with a market capitalization of $2.23B. The stock is valued at a price-to-earnings (P/E) ratio of 6.40, price-to-book of 2.37, price-to-sales of 0.35. Over the past 52 weeks the stock has ranged between $4.80 and $11.95, and currently trades 23.0% below its 52-week high. It pays a dividend yielding 19.78%.

On profitability, Aker Solutions ASA generates a return on equity (ROE) of 30.17% — well above the market average, a sign of a high-quality business, return on capital employed of 20.79%, an operating margin of 4.55%, a net profit margin of 5.45%.

Official website: akersolutions.com