Saipem S.p.A. (SPM.MI)
Milan, MI, IT
Saipem S.p.A. is a global provider of integrated solutions for the energy and infrastructure sectors. The company's operations are strategically divided into five key segments: Offshore Engineering & Construction, Onshore Engineering & Construction, Offshore Drilling, Onshore Drilling, and XSIGHT. Saipem's extensive service offerings include engineering, construction, and the installation of offshore platforms, pipelines, and subsea fields, in addition to maintenance, modification, operational management, and decommissioning services. The company also plays a vital role in developing marine wind farms and pioneering energy integration initiatives. Onshore, Saipem specializes in designing intricate projects across various domains, such as LNG and regasification, refining, petrochemicals, fertilizers, pipelines, gas and oil processing stations, floaters, and cutting-edge technologies like renewables, biotechnologies, CO2 capture, transportation, storage, and hydrogen production and transportation. Furthermore, the company delivers comprehensive integrated services, covering procurement, project management, construction, and engineering for both the energy industry and public infrastructure. Saipem provides a full range of offshore and onshore drilling services, utilizing all types of rigs in diverse geographical locations. As of December 31, 2021, its offshore drilling fleet comprised twelve vessels, including six state-of-the-art ultra-deep-water units, five high-specification jack-ups, and one standard jack-up. The onshore drilling fleet consisted of 84 units. Complementing these assets, Saipem operates nine fabrication yards and a sea fleet of 41 vessels. The company's corporate headquarters are situated in Milan, Italy.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.13% | -1.67% | -10.63% | +15.41% | +75.32% | +64.80% | +84.75% | +249.15% | -20.31% | -55.36% | -41.31% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 3 | -1 |
| Buy | 9 | -1 |
| Hold | 4 | 0 |
| Sell | 1 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Oil & Gas Equipment & Services: +6.7%+6.5% Q2'25: +9.7% (vs Q2'24)
-
EPS growth Oil & Gas Equipment & Services: +14.3%+14.3% Q2'25: +4.2% (vs Q2'24)
-
FCF margin FCF growth · Oil & Gas Equipment & Services: +40.2%+6.9% ★ Q2'25: +10.0% (vs Q2'24)
-
EBIT margin Oil & Gas Equipment & Services: +10.9%+4.4% Q2'25: +4.8% (vs Q2'24)
-
ROIC Oil & Gas Equipment & Services: +6.7%+9.6% ★ Q2'25: +11.1% (vs Q2'24)
-
Share dilution Oil & Gas Equipment & Services: +0.3%-10.1% ★ Q2'25: -0.8% (vs Q2'24)
-
Debt / EBITDA Net debt/EBITDA · Oil & Gas Equipment & Services: 0.32×1.82× Q2'25: 4.09× (vs Q2'24)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 17 Rev. Ana. 14 EPS Ana. |
Dec 2027 17 Rev. Ana. 14 EPS Ana. |
Dec 2028 14 Rev. Ana. 12 EPS Ana. |
Dec 2029 9 Rev. Ana. 10 EPS Ana. |
Dec 2030 13 Rev. Ana. 5 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
11.70B
est: 11.70B (+0.0%)
|
9.89B
est: 10.39B (-4.8%)
|
9.16B
est: 9.18B (-0.2%)
|
8.53B
est: 8.21B (+3.8%)
|
9.10B
est: 9.09B (+0.1%)
|
7.40B
est: 7.33B (+0.9%)
|
6.53B
est: 6.85B (-4.7%)
|
9.98B
est: 9.49B (+5.1%)
|
11.88B
est: 12.95B (-8.2%)
|
14.55B
est: 14.22B (+2.3%)
|
15.50B
est: 15.09B (+2.7%)
|
15.60B
15.26B – 16.72B
+3.3% YoY
|
15.79B
15.22B – 16.51B
+1.2% YoY
|
15.46B
15.42B – 15.50B
-2.1% YoY
|
15.59B
15.14B – 16.50B
+0.8% YoY
|
16.12B
15.66B – 17.07B
+3.4% YoY
|
| EBITDA |
267.00M
est: -222.29M (+220.1%)
|
-860.00M
est: -197.39M (-335.7%)
|
514.00M
est: -174.46M (+394.6%)
|
433.00M
est: -156.07M (+377.4%)
|
964.00M
est: -172.69M (+658.2%)
|
-283.00M
est: -139.37M (-103.1%)
|
-1.83B
est: -130.20M (-1,305.6%)
|
519.00M
est: -180.43M (+387.6%)
|
951.00M
est: 5.11B (-81.4%)
|
1.33B
est: 5.62B (-76.3%)
|
1.71B
est: 5.96B (-71.3%)
|
6.16B
6.03B – 6.60B
+3.3% YoY
|
6.23B
6.01B – 6.52B
+1.2% YoY
|
6.11B
6.09B – 6.12B
-2.1% YoY
|
6.15B
5.98B – 6.52B
+0.8% YoY
|
6.37B
6.18B – 6.74B
+3.4% YoY
|
| EBIT |
-459.00M
est: -863.38M (+46.8%)
|
-1.53B
est: -766.69M (-100.0%)
|
-4.00M
est: -677.61M (+99.4%)
|
-31.00M
est: -606.18M (+94.9%)
|
349.00M
est: -670.74M (+152.0%)
|
-874.00M
est: -541.32M (-61.5%)
|
-2.23B
est: -505.68M (-340.8%)
|
75.00M
est: -700.79M (+110.7%)
|
491.00M
est: -537.30M (+191.4%)
|
608.00M
est: -589.99M (+203.1%)
|
674.00M
est: -626.11M (+207.6%)
|
-647.04M
-693.59M – -633.19M
-3.3% YoY
|
-654.97M
-684.83M – -631.26M
-1.2% YoY
|
-641.42M
-643.11M – -639.72M
+2.1% YoY
|
-646.58M
-684.53M – -627.93M
-0.8% YoY
|
-668.86M
-708.11M – -649.57M
-3.4% YoY
|
| Net Income |
-806.00M
est: -9.48B (+91.5%)
|
-2.09B
est: 1.42B (-246.5%)
|
-328.00M
est: 1.02B (-132.0%)
|
-472.00M
est: 266.44M (-277.1%)
|
12.00M
est: 799.26M (-98.5%)
|
-1.14B
est: -1.45B (+21.4%)
|
-2.47B
est: -11.29B (+78.2%)
|
-209.00M
est: -229.85M (+9.1%)
|
179.00M
est: 263.00M (-31.9%)
|
306.00M
est: 328.00M (-6.7%)
|
312.00M
est: 336.55M (-7.3%)
|
463.87M
365.42M – 556.32M
+37.8% YoY
|
610.69M
423.86M – 793.00M
+31.7% YoY
|
645.69M
501.23M – 904.00M
+5.7% YoY
|
654.40M
629.87M – 704.32M
+1.3% YoY
|
662.97M
638.12M – 713.56M
+1.3% YoY
|
| SGA |
1.33B
est: 1.96B (-32.3%)
|
759.00M
est: 1.74B (-56.4%)
|
1.45B
est: 1.54B (-6.0%)
|
697.00M
est: 1.38B (-49.4%)
|
475.00M
est: 1.52B (-68.8%)
|
1.64B
est: 1.23B (+33.1%)
|
1.60B
est: 1.15B (+38.9%)
|
869.00M
est: 1.59B (-45.4%)
|
1.72B
est: 1.60B (+7.7%)
|
2.05B
est: 1.76B (+16.9%)
|
—
est: 1.86B (-100.0%)
|
1.93B
1.89B – 2.06B
+3.3% YoY
|
1.95B
1.88B – 2.04B
+1.2% YoY
|
1.91B
1.90B – 1.91B
-2.1% YoY
|
1.92B
1.87B – 2.04B
+0.8% YoY
|
1.99B
1.93B – 2.11B
+3.4% YoY
|
| EPS |
-5.80
est: -4.24 (-36.7%)
|
-11.90
est: 0.64 (-1,966.6%)
|
-1.56
est: 0.46 (-440.3%)
|
-2.26
est: 0.12 (-1,995.0%)
|
0.47
est: 0.36 (+31.4%)
|
-5.36
est: -0.65 (-728.5%)
|
-12.49
est: -5.05 (-147.1%)
|
-0.16
est: -0.10 (-55.5%)
|
0.09
est: 0.13 (-32.3%)
|
0.16
est: 0.16 (+2.4%)
|
0.16
est: 0.16 (-2.6%)
|
0.23
0.18 – 0.28
+39.0% YoY
|
0.30
0.21 – 0.39
+32.1% YoY
|
0.32
0.25 – 0.45
+5.9% YoY
|
0.33
0.31 – 0.35
+1.9% YoY
|
0.33
0.32 – 0.36
+1.3% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-28 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-27 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-26 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-25 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-22 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-21 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-20 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-19 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-18 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-15 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-14 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-13 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-12 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-11 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-08 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-07 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-06 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-05 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-05-04 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-30 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-29 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-28 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-27 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-24 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-23 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-22 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-21 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-20 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-17 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-16 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-15 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Alessandro Puliti | Chief Executive Officer, GM, Chief Operating Officer & Director | 3M | male |
| Davide Manunta | Chief Tech & Innovation Officer, Chief Operating Officer of the Sus Infrastructures Biz Line & Chief Integration Officer | 30.0K | male |
| Gianalberto Secchi | Chief Operating Officer of Offshore Wind | — | male |
| Massimiliano Branchi | Chief People of HSEQ, & Sustainability Officer | — | male |
| Ottavia Stella | Chief Integrated Risk Management and Compliance Officer | — | female |
| Paolo Calcagnini | Chief Financial Officer, Chief Project Control & Financial Advisory Officer | — | male |
| Rossella Carrara | Director of External Communication & Public Affairs | — | female |
| Alberto Goretti | Head of Investor Relations & Rating Management | — | male |
| Simone Chini | General Counsel & Secretary of the Board of Directors | — | male |
| Fabrizio Botta | Chief Operating Officer of Energy Carriers | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for SPM.MI
Short-term intention
Target Price Distribution
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