SFL Corp Ltd. income statement

In fiscal 2025, SFL Corp Ltd. reported revenue of $733m, down 18.9% on the year before, operating income of $137m (a 18.6% margin) and net income of −$26.4m, or −$0.20 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

SFL Corp Ltd.: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	345	308	295	320	271	327	407	413	381	419	459	471	513	670	752	904	733
Operating income	209	212	163	208	117	145	166	168	155	118	138	−138	243	275	240	307	137
Interest expense	—	—	—	—	—	—	—	—	—	—	—	—	—	117	167	183	181
Provision for credit losses	—	—	—	—	—	—	—	—	—	—	—	2	—	—	—	0	−0
Income before tax	117	115	80	142	61	89	167	119	77	59	72	−229	164	203	87	141	−25
Income tax	—	—	—	—	—	—	—	—	—	—	—	—	0	0	3	11	2
Net income	193	166	131	186	89	123	201	146	101	74	89	−224	164	203	84	131	−26
Diluted EPS	$2.59	$2.09	$1.62	$2.22	$0.99	$1.24	$1.88	$1.50	$1.03	$0.69	$0.83	−$2.06	$1.30	$1.53	$0.66	$1.01	−$0.20
Diluted shares (average)	74m	79m	84m	86m	95m	117m	119m	108m	103m	108m	108m	109m	139m	137m	127m	130m	133m
EBITDA	240	246	213	263	176	213	244	262	243	222	254	−27	381	463	454	546	372

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

Compare with peers

Head to head: PANL vs SFL GSL vs SFL SFL vs TEN

More: Marine Transportation stocks compared, Industrials sector, rankings of US companies

Figures from SFL Corp Ltd.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to SFL Corp Ltd.