Cadeler A/s vs Matrix Service
Matrix Service is the larger business, with $874m of revenue in fiscal 2026 against $701m for Cadeler A/s (1.2 times as much). Cadeler A/s grew faster (160.6% against 13.6%). Cadeler A/s kept more of each dollar of sales as profit: a net margin of 45.2% against -0.3%. Matrix Service carries less debt relative to equity (0.0% against 112.8%).
| Latest fiscal year | Cadeler A/sCDLR, 2025 | Matrix ServiceMTRX, 2026 |
|---|---|---|
| Revenue | $701m | $874m |
| Revenue growth | 160.6% | 13.6% |
| Net income | $317m | −$2.6m |
| Operating margin | 51.2% | -1.1% |
| Net margin | 45.2% | -0.3% |
| Return on equity | 20.8% | -1.8% |
| Free cash flow | −$951m | $1.4m |
| Cash | $178m | $223m |
| Total debt | $1.99bn | $65 |
| Debt to equity | 112.8% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $1.9m | — |
| Employees | — | 2,370 |
| Market value | $2.41bn | $257m |
| Price vs our value range | — | Below our value range |
| Moat score | — | 39 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 11 sales |