SFL Corporation Cash Flow 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
Net Income	-26.43	130.65	83.94	202.77	164.34
Depreciation & Amortization	243.09	246.76	221.79	195.04	145.03
Other Adjustments	37.41	4.88	11.19	-29.69	-9.51
Change in Receivables	25.32	4.3	-20.94	-9.03	-4.07
Changes in Inventories	3.6	-5.66	4.67	-6.27	-1.32
Changes in Accounts Payable	-26.96	4.05	22.37	6.12	0.45
Changes in Accrued Expenses	10.4	21.24	20.74	13.11	0.28
Changes in Other Operating Activities	0.73	-36.37	-0.67	-16.92	-1.61
Operating Cash Flow	267.14	369.86	343.09	355.13	293.6
Operating Cash Flow Growth	-27.77%	7.80%	-3.39%	20.96%	6.19%
Capital Expenditures	-70.48	-644.86	-264.42	-602.5	-581.62
Sale of Property, Plant & Equipment	258.57	22.74	156.2	83.33	183.89
Purchases of Investments	-	-	-	-	-1.35
Proceeds from Sale of Investments	-	-	-	14.99	9.61
Other Investing Activities	-	4.61	4.32	5.09	0.43
Investing Cash Flow	188.09	-617.51	-103.89	-499.09	-389.05
Short-Term Debt Issued	244.04	1,398	944.59	959.6	586.75
Short-Term Debt Repaid	-527.29	-556.73	-781.12	-611.31	-301.45
Net Short-Term Debt Issued (Repaid)	-283.25	841.66	163.46	348.29	285.3
Long-Term Debt Repaid	-11.14	-133.12	-205.85	-	-215.1
Net Long-Term Debt Issued (Repaid)	-11.14	-133.12	-205.85	-	-215.1
Issuance of Common Stock	-10.03	96.25	-10.17	-	89.28
Net Common Stock Issued (Repurchased)	-10.03	96.25	-10.17	-	89.28
Common Dividends Paid	-125.11	-138.49	-122.99	-111.57	-77.55
Other Financing Activities	-9.43	-449.6	-86.51	-58.35	-56.91
Financing Cash Flow	-438.96	216.7	-262.07	178.37	25.02
Net Cash Flow	16.28	-30.94	-22.87	34.4	-70.44
Free Cash Flow	196.66	-275	78.67	-247.37	-288.03
FCF Margin	26.83%	-30.41%	10.46%	-36.90%	-56.10%
Free Cash Flow Per Share	1.48	-2.12	0.62	-1.80	-2.07
Levered Free Cash Flow	-160.45	424.36	46.04	139.63	-204.24
Unlevered Free Cash Flow	286.57	-85.04	253.82	-135.95	-195.95

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

SEC Filings: 10-K · 10-Q