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AP Moller Maersk (AMKBY)
OTHER OTC:AMKBY
Earnings Data
Report Date
May 07, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.02Last Year’s EPS
0.37Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balanced strong operational and financial achievements (notably Gemini-related cost benefits, record Terminals performance, solid full‑year EBITDA/EBIT, healthy cash position and continued shareholder returns) against clear and material near‑term headwinds centered on a sharp decline in ocean freight rates, an expected cyclical downturn in Ocean profitability, impairments and guidance that allows for negative EBIT and free cash flow outcomes in 2026. Management emphasized cost discipline, simplification and optionality, but the outlook remains uncertain due to industry overcapacity and Red Sea reopening scenarios.Company Guidance
Strong Full-Year Profitability
Full-year 2025 group results: EBITDA $9.5 billion and EBIT $3.5 billion, placing results toward the upper end of prior guidance; full-year EBITDA margin 17.7% and EBIT margin 6.5%.
Gemini Implementation Delivered Material Benefits
Gemini network produced operational and cost benefits: Q4 quantified benefits > $300 million (≈$150M bunker savings, ≈$120M asset-turn savings, ~$4M terminal uplift), and management now targets $820M–$1.1B in annualized benefits.
Ocean Volume Growth and High Utilization
Ocean loaded volumes up 8% year‑on‑year in Q4 (3.4 million FFEs; ~30 million FFEs for the full year); fleet utilization sustained at 94%; capacity grew ~4.3% year‑on‑year while asset turns improved ~4 percentage points.
Terminals Record Year and Strong Margins
Record year for Terminals: full‑year revenue growth ~20% and EBIT growth ~31%; Q4 revenue +13% to $1.4B, volumes +8.4% YoY, utilization 88%, revenue per move +4% to $363, and ROIC 16.1% (well above 9% target).
Improvement in Logistics & Services Profitability
Logistics & Services improved operational performance: full-year EBIT margin 4.8% (up 1.2 percentage points vs 2024); Q4 EBIT margin 4.9% (up from 4.1% YoY) marking the seventh consecutive quarter of YoY margin improvement.
Strong Cash Position and Cash Returns to Shareholders
Cash and deposits of $21.4B at quarter end; net cash $2.9B. Continued shareholder returns: proposed dividend DKK 480/share (40% payout) and a new $1B share buyback tranche (12 months), implying ~$2.1B total cash return for 2026.
Robust Cash Generation and CapEx Discipline
Q4 operating cash flow $2.5B; Q4 cash conversion 137% (FY conversion 102%); Q4 free cash flow ≈ $1B; full‑year CapEx $4.8B (at lower end of guidance).
Lower Depreciation Pressure for 2026
Useful life of vessels increased from 20 to 25 years, reducing depreciation by approximately $700M in 2026 (reflected in guidance).
AMKBY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AMKBY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 05, 2026 | $12.60 | $12.09 | -4.05% |
Nov 06, 2025 | $10.38 | $9.90 | -4.62% |
Aug 07, 2025 | $10.21 | $10.71 | +4.90% |
May 08, 2025 | $8.58 | $8.68 | +1.19% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does AP Moller Maersk (AMKBY) report earnings?
AP Moller Maersk (AMKBY) is schdueled to report earning on May 07, 2026, Before Open (Confirmed).
What is AP Moller Maersk (AMKBY) earnings time?
AP Moller Maersk (AMKBY) earnings time is at May 07, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AMKBY EPS forecast?
AMKBY EPS forecast for the fiscal quarter 2026 (Q1) is -0.02.