Company Analysis

SFL Corporation Ltd. (SFL)

NYSE: SFL · Deep Sea Foreign Transportation of Freight · Hamilton, Hm 08, BM · filing with the SEC since 2004
Grade4.3
◀ Past 6.4● Present 3.9▶ Future 2.9
1 est.

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedMar 16, 2026Mar 17, 2025Mar 14, 2024Mar 16, 2023Mar 24, 2022Mar 22, 2021Mar 27, 2020Mar 26, 2019Mar 26, 2018Apr 13, 2017
Revenue733,041904,404752,286670,393513,396471,047458,849418,712380,878412,951
For lenders
Provision for credit losses-464409···1,900····
Total operating expenses589,191603,061530,772408,147309,963611,471321,072306,132227,376244,695
Operating income136,678306,717240,184275,474242,838-138,174137,777117,615154,626168,089
Interest expense180,527182,985167,010117,339······
Share of profit of equity-method investments2,3662,7982,8482,8334,1944,28617,05414,63523,76627,765
Other income (expense), net2,1921,843r-486r15,5286,683-25,945-12,75310,407-2,684-2,089
Income before income taxes-24,549141,28487,260202,768164,343-228,71172,12358,98777,443118,641
Income tax expense1,88210,6313,32300·····
Net income-26,431130,65383,937202,768164,343-224,42589,17773,622101,209146,406
Net income to common shareholders-26,431130,65383,937202,768164,343-224,42589,17773,622101,209146,406
Earnings per share, basic-0.201.010.671.601.35-2.060.830.701.061.57
Earnings per share, diluted-0.201.010.661.531.30-2.060.830.691.031.50
Weighted average shares, basic133,064129,391126,249126,789122,141108,972107,614105,89895,59793,497
Weighted average shares, diluted133,064130,000126,584137,377139,383108,972107,696107,606102,900108,040
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLeaseAndOtherLosses
us-gaap:ProvisionForLoanLossesExpensed
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton SFL · research, not advice