SFL Corporation Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	733.04	904.4	752.29	670.39	513.4
Revenue Growth (YoY)	-18.95%	20.22%	12.22%	30.58%	-
Cost of Revenue	301.77	343.3	293.76	205.14	156.73
Gross Profit	431.27	561.1	458.53	465.25	356.66
Selling, General & Admin	18.33	20.58	15.57	15.18	12.97
Depreciation & Amortization Expenses	235	239.18	214.06	187.83	138.33
Other Operating Expenses	41.27	-5.37	-11.28	-13.23	-37.48
Total Operating Expenses	294.6	254.38	218.35	189.78	113.83
Operating Income	136.68	306.72	240.18	275.47	242.84
Interest Income	17.15	17.21	17.73	10.93	11.64
Interest Expense	-180.53	-182.99	-167.01	-117.34	-97.09
Other Non-Operating Income (Expense)	2.15	0.34	-3.64	33.7	6.95
Total Non-Operating Income (Expense)	-161.23	-165.43	-152.92	-72.71	-78.5
Pretax Income	-24.55	141.28	87.26	202.77	164.34
Provision for Income Taxes	1.88	10.63	3.32	-	-
Net Income	-26.43	130.65	83.94	202.77	164.34
Net Income to Common	-26.43	130.65	83.94	202.77	164.34
Net Income Growth	-	55.66%	-58.60%	23.38%	-
Shares Outstanding (Basic)	133	129	126	127	122
Shares Outstanding (Diluted)	133	130	127	137	139
Shares Change (YoY)	2.36%	2.70%	-7.86%	-1.44%	-
EPS (Basic)	-0.20	1.01	0.67	1.60	1.35
EPS (Diluted)	-0.20	1.01	0.66	1.53	1.30
EPS Growth	-	53.03%	-56.86%	17.69%	-
Shares Outstanding	144.56	145.71	137.47	138.56	138.55
Free Cash Flow	196.66	-275	78.67	-247.37	-288.03
Free Cash Flow Per Share	1.48	-2.12	0.62	-1.80	-2.07
Dividends Per Share	0.870	1.080	0.990	0.920	0.680
Dividend Growth	-19.44%	9.09%	7.61%	35.29%	-
Gross Margin	58.83%	62.04%	60.95%	69.40%	69.47%
Operating Margin	18.65%	33.91%	31.93%	41.09%	47.30%
Profit Margin	-3.61%	14.45%	11.16%	30.25%	32.01%
FCF Margin	26.83%	-30.41%	10.46%	-36.90%	-56.10%
EBITDA	371.68	545.9	454.25	463.3	381.17
EBITDA Margin	50.70%	60.36%	60.38%	69.11%	74.24%
EBIT	136.68	306.72	240.18	275.47	242.84
EBIT Margin	18.65%	33.91%	31.93%	41.09%	47.30%
Effective Tax Rate	-7.67%	7.52%	3.81%	0.00%	0.00%

Updated Feb 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q