YOLFTbeta
SFL Corporation Ltd

SFL Corporation Ltd

SFL · NYSE · Industrials / Marine Shipping

11.21USD+0.10 (+0.90%)

Price History

Full chart

Market Stats

Previous Close11.11
Open11.25
Day Range11.00 – 11.27
52-Week Range6.21 – 13.98
Volume1.10M
Market Cap1.77B
P/E (TTM)53.25
Forward P/E163.93
EPS0.24
Dividend Yield6.89%
Beta0.44
50-Day Avg12.36
200-Day Avg10.77

About

SFL Corporation Ltd., a maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters. The company operates in various sectors of the maritime, and shipping and offshore industries, including oil transportation, dry bulk shipments, oil products transportation, container transportation, car transportation, and drilling rigs. As of December 31, 2025, the company owned 17 tankers, two dry bulk carriers, 21 container vessels, seven car carriers, and two drilling rigs. It primarily operates in Bermuda, Canada, Cyprus, Liberia, Namibia, Norway, Singapore, the United Kingdom, and the Marshall Islands. SFL Corporation Ltd. was formerly known as Ship Finance International Limited and changed its name to SFL Corporation Ltd. in September 2019. The company was incorporated in 2003 and is based in Hamilton, Bermuda.

Company Details

  • SectorIndustrials
  • IndustryMarine Shipping
  • CEOMr. Ole Bjarte Hjertaker
  • Employees24
  • HeadquartersPar-la-Ville Place, Hamilton, Bermuda, HM 08, USA
  • Websitehttps://www.sflcorp.com

Leadership

  • Mr. Ole Bjarte HjertakerCEO of SFL Management AS & Director · b. 1967
  • Mr. Aksel C. OlesenChief Financial Officer of SFL Management AS · b. 1976
  • Mr. Trym Otto SjølieChief Operating Officer
  • Ms. Thecla PanagidesChief Accounting Officer
  • Mr. Espen Nilsen GjosundVice President of Investor Relations
  • Ms. Jannicke EilertsenCompliance Officer
  • Mr. Mikkel Storm WeumSenior Vice President of Business Development · b. 1987
  • Mr. André ReppenSenior VP & Chief Treasurer of SFL Management AS · b. 1982
  • Mr. James AyersCompany Secretary · b. 1982

Financials

Income Statement

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue486.65M365.17M695.07M492.07M437.51M424.66M398.79M475.72M369.94M336.16M295.11M319.69M270.86M327.49M406.74M412.95M380.88M418.71M456.05M400.41M494.70M655.65M738.13M891.62M719.75M
Growth (%)--24.96%+90.34%-29.21%-11.09%-2.94%-6.09%+19.29%-22.24%-9.13%-12.21%+8.33%-15.27%+20.91%+24.20%+1.53%-7.77%+9.93%+8.92%-12.20%+23.55%+32.53%+12.58%+20.79%-19.28%
Cost of Revenue--230.52M106.48M113.84M119.69M107.16M100.45M91.49M81.02M81.06M150.52M163.97M186.86M198.91M230.31M219.94M232.63M134.43M266.92M295.06M392.97M507.82M582.48M301.77M
Gross Profit486.65M365.17M464.55M385.59M323.67M304.96M291.63M375.28M278.45M255.14M214.05M169.18M106.89M140.62M207.83M182.64M160.93M186.09M321.61M133.49M199.64M262.68M230.32M309.14M417.98M
Gross Margin100.00%100.00%66.83%78.36%73.98%71.81%73.13%78.89%75.27%75.90%72.53%52.92%39.46%42.94%51.10%44.23%42.25%44.44%70.52%33.34%40.36%40.06%31.20%34.67%58.07%
Operating Expense255.94M279.08M115.73M38.43M23.01M11.27M-13.25M37.87M69.18M43.30M51.35M-38.44M-10.48M-4.52M41.78M14.55M6.31M68.47M183.84M271.66M-43.20M-12.79M-9.87M2.42M281.30M
Operating Income230.72M86.09M348.82M347.16M300.66M293.70M304.88M337.40M209.26M211.84M162.71M207.62M117.37M145.15M166.05M168.09M154.63M117.61M137.78M-138.17M242.84M275.47M240.18M306.72M136.68M
Operating Margin47.41%23.58%50.18%70.55%68.72%69.16%76.45%70.92%56.57%63.02%55.13%64.94%43.33%44.32%40.82%40.70%40.60%28.09%30.21%-34.51%49.09%42.02%32.54%34.40%18.99%
EBITDA212.01M182.86M454.83M381.77M341.39M172.71M328.88M369.22M339.91M270.33M259.47M312.07M157.78M244.02M279.17M267.86M241.65M281.00M314.21M22.30M393.06M507.93M466.23M560.09M421.39M
EBITDA Margin43.56%50.08%65.44%77.59%78.03%40.67%82.47%77.61%91.88%80.42%87.92%97.62%58.25%74.51%68.64%64.87%63.45%67.11%68.90%5.57%79.45%77.47%63.16%62.82%58.55%
Net Income212.01M18.02M334.81M262.66M209.55M180.80M167.71M181.61M192.60M165.71M131.18M185.84M89.21M122.81M200.83M146.41M101.21M73.62M89.18M-224.43M164.34M202.77M83.94M130.65M-26.43M
Net Income Margin43.56%4.94%48.17%53.38%47.90%42.57%42.05%38.18%52.06%49.29%44.45%58.13%32.93%37.50%49.38%35.45%26.57%17.58%19.55%-56.05%33.22%30.93%11.37%14.65%-3.67%
Interest Expense000000130.40M127.19M117.08M101.43M96.25M70.63M90.52M87.31M72.19M71.84M90.41M113.89M145.06M135.44M90.39M117.34M164.91M182.99M165.75M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%32.70%26.74%31.65%30.17%32.61%22.09%33.42%26.66%17.75%17.40%23.74%27.20%31.81%33.83%18.27%17.90%22.34%20.52%23.03%

Balance Sheet

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets1.95B2.12B2.16B2.15B2.39B2.55B2.95B3.35B3.00B2.88B2.90B2.97B3.05B3.04B3.06B2.94B3.01B3.88B3.89B3.09B3.46B3.86B3.73B4.11B3.64B
Total Liabilities1.48B1.64B1.33B1.49B1.83B1.95B2.34B2.83B2.25B2.05B2.04B1.98B1.85B1.89B1.82B1.80B1.82B2.70B2.78B2.30B2.48B2.77B2.69B2.98B2.68B
Total Equity466.74M485.61M822.03M660.98M561.52M600.53M614.48M517.35M749.33M828.92M857.09M994.77M1.19B1.15B1.24B1.13B1.19B1.18B1.11B795.65M982.33M1.09B1.04B1.13B960.86M
Cash26.04M20.63M26.52M29.19M32.86M64.57M78.25M46.08M84.19M86.97M94.92M60.54M58.64M50.82M70.17M62.38M153.05M211.39M199.52M215.44M145.62M188.36M165.49M134.55M150.83M
Total Debt-1.58B1.29B1.48B1.79B1.92B2.27B2.60B2.14B1.92B1.91B1.83B1.74B1.73B1.67B1.68B1.50B2.61B2.73B2.25B2.41B2.67B2.57B2.84B2.57B
Net Debt-26.04M1.56B1.26B1.45B1.76B1.85B2.19B2.55B2.05B1.84B1.82B1.77B1.68B1.68B1.60B1.61B1.35B2.40B2.53B2.03B2.27B2.49B2.40B2.70B2.42B

Cash Flow

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow307.17M115.66M415.52M178.53M280.83M193.50M202.42M211.39M125.52M153.77M163.66M86.57M140.12M132.40M258.40M230.07M177.80M200.97M249.71M276.48M293.60M355.13M343.09M369.86M290.14M
Investing Cash Flow-271.85M-261.78M-51.63M76.95M-269.57M--378.78M-433.94M424.07M76.98M-5.86M34.31M-73.98M-21.94M-205.78M39.40M48.36M-866.56M-169.88M176.34M-389.05M-499.09M-103.89M-617.50M165.09M
Financing Cash Flow-24.55M140.71M-358.01M-226.28M-7.60M-51.08M190.05M190.38M-511.48M-227.97M-149.85M-155.25M-68.04M-118.28M-33.26M-277.26M-135.49M724.93M-89.20M-431.43M25.02M178.37M-262.06M216.70M-438.96M
Capital Expenditure0249.29M08.37M309.57M342.36M586.94M82.59M71.47M191.31M307.79M167.55M109.34M395.20M496.66M188.14M81.66M1.14B39.33M120.05M581.62M602.50M264.42M644.86M70.48M
Free Cash Flow307.17M-133.63M415.52M170.16M-28.74M-148.86M-384.53M128.79M54.05M-37.54M-144.12M-80.98M30.79M-262.80M-238.26M41.93M96.13M-936.73M210.38M156.43M-288.03M-247.37M78.67M-275.00M219.66M
Dividends Paid---78.91M148.86M149.12M159.34M122.94M75.57M117.23M122.64M152.01M109.11M152.14M162.59M168.29M152.91M149.26M150.66M109.39M77.55M111.57M122.99M138.49M125.11M
FCF to OCF100.00%-115.54%100.00%95.31%-10.23%-76.93%-189.97%60.93%43.06%-24.41%-88.06%-93.54%21.97%-198.48%-92.21%18.23%54.07%-466.09%84.25%56.58%-98.10%-69.66%22.93%-74.35%75.71%
Dividend Paid to FCF---46.37%-518.00%-100.18%-41.44%95.45%139.80%-312.29%-85.10%-187.72%354.42%-57.89%-68.24%401.35%159.06%-15.93%71.61%69.93%-26.93%-45.10%156.34%-50.36%56.96%

Earnings

Report DateAug 19, 2004Nov 15, 2004Feb 23, 2005May 31, 2005Aug 24, 2005Nov 14, 2005Feb 17, 2006May 26, 2006Aug 22, 2006Nov 28, 2006Feb 27, 2007May 30, 2007Aug 22, 2007Nov 15, 2007Feb 14, 2008May 22, 2008Aug 21, 2008Nov 28, 2008Feb 26, 2009May 14, 2009Aug 20, 2009Nov 27, 2009Feb 26, 2010May 20, 2010Aug 26, 2010Nov 23, 2010Feb 18, 2011May 23, 2011Aug 25, 2011Nov 23, 2011Feb 17, 2012May 24, 2012Aug 28, 2012Nov 29, 2012Feb 25, 2013May 30, 2013Aug 28, 2013Nov 27, 2013Feb 27, 2014May 27, 2014Aug 28, 2014Nov 25, 2014Feb 26, 2015May 29, 2015Aug 26, 2015Nov 24, 2015Feb 29, 2016May 31, 2016Aug 31, 2016Nov 29, 2016Feb 28, 2017May 30, 2017Aug 30, 2017Nov 22, 2017Feb 28, 2018May 31, 2018Aug 22, 2018Nov 20, 2018Feb 26, 2019May 21, 2019Aug 20, 2019Nov 21, 2019Feb 18, 2020May 20, 2020Aug 18, 2020Nov 12, 2020Feb 17, 2021May 12, 2021Aug 18, 2021Nov 10, 2021Feb 16, 2022May 12, 2022Aug 17, 2022Nov 14, 2022Feb 15, 2023May 15, 2023Aug 17, 2023Nov 8, 2023Feb 14, 2024May 14, 2024Aug 14, 2024Nov 6, 2024Feb 11, 2025May 14, 2025Aug 19, 2025Nov 11, 2025Feb 10, 2026May 12, 2026Aug 26, 2026Nov 11, 2026
EPS Estimate0.630.741.430.470.430.701.140.430.460.970.890.320.350.430.600.850.820.920.790.740.630.530.470.590.560.490.470.430.440.410.410.370.390.330.330.290.240.240.240.310.210.320.360.260.380.600.660.630.510.290.270.310.270.270.260.210.260.240.290.250.230.250.260.240.230.200.140.130.190.210.290.240.240.240.290.100.030.190.130.27-0.010.370.15-0.03-0.03-0.010.010.020.08-
EPS Actual0.840.701.380.400.420.871.140.460.600.850.790.340.480.380.640.730.790.790.660.690.600.470.460.530.550.460.370.390.410.400.410.610.840.440.340.190.300.260.250.500.240.410.390.460.520.650.720.610.480.350.360.350.300.230.170.210.190.250.320.310.260.280.500.250.260.150.790.270.160.260.330.360.350.390.430.090.080.270.200.360.160.360.130.030.010.070.040.080.23-
Surprise33.33%-5.41%-3.50%-14.89%-2.33%24.29%0.00%6.98%30.43%-12.37%-11.24%6.25%37.14%-11.63%6.67%-14.12%-3.66%-14.13%-16.46%-6.76%-4.76%-11.32%-2.13%-10.17%-1.79%-6.12%-21.28%-9.30%-6.82%-2.44%0.00%64.86%115.38%33.33%3.03%-34.48%25.00%8.33%4.17%61.29%14.29%28.13%8.33%76.92%36.84%8.33%9.09%-3.17%-5.88%20.69%33.33%12.90%11.11%-14.81%-34.62%0.00%-26.92%4.17%10.34%24.00%13.04%12.00%92.31%4.17%13.04%-25.00%464.29%107.69%-15.79%23.81%13.79%50.00%45.83%62.50%48.28%-10.00%166.67%42.11%53.85%33.33%1700.00%-2.70%-13.33%200.00%133.33%800.00%300.00%300.00%187.50%-
TimingPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-market-

Key Statistics & Ratios

Market Cap1.77B
Enterprise Value4.03B
Trailing P/E53.25
Forward P/E163.93
PEG Ratio-1.57
Price / Sales2.49
Price / Book1.70
EPS0.24
Book Value7.47
Revenue (TTM)712.36M
Gross Profit (TTM)431.10M
EBITDA424.49M
Profit Margin8.96%
Operating Margin33.70%
Return on Equity6.25%
Return on Assets3.38%
Shares Outstanding138.67M
Shares Float112.72M
Beta0.44
Dividend Yield6.89%
Dividend Rate0.88
Payout Ratio2.00%

Analyst Ratings

Buy
Based on 4 analystsTarget 13.17
  • Strong Buy
    2
  • Hold
    2

Ownership Breakdown

Institutions
47.01%
Insiders
17.25%
Retail / Other
35.74%

Top Institutional Holders

  • Dimensional Fund Advisors, Inc.
    9.01M6.50%
  • BlackRock Inc
    6.47M4.66%
  • American Century Companies Inc
    3.56M2.57%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    3.46M2.49%
  • Bank of New York Mellon Corp
    2.23M1.61%
  • State Street Corp
    2.06M1.49%
  • Geode Capital Management, LLC
    1.51M1.09%
  • The Goldman Sachs Group Inc
    1.19M0.86%
  • Citadel Advisors Llc
    1.07M0.77%
  • Bridgeway Capital Management, LLC
    1.07M0.77%

Top Fund Holders

  • Avantis US Small Cap Value ETF
    3.82M2.75%
  • iShares Russell 2000 ETF
    3.16M2.28%
  • DFA US Small Cap Value I
    1.97M1.42%
  • Global X SuperDividend™ US ETF
    1.49M1.07%
  • Fidelity Small Cap Index
    1.35M0.97%
  • Global X SuperDividend™ ETF
    1.20M0.86%
  • DFA US Targeted Value I
    1.18M0.85%
  • Dimensional US Targeted Value ETF
    1.14M0.82%
  • BNY Mellon Global Infras Inc ETF
    1.10M0.80%
  • iShares Russell 2000 Growth ETF
    1.03M0.74%

Dividends

20263×
0.22Sep 9, 20260.22May 27, 20260.20Mar 12, 2026
20254×
0.20Dec 12, 20250.20Sep 12, 20250.27Jun 12, 20250.27Mar 12, 2025
20244×
0.27Dec 13, 20240.27Sep 11, 20240.27May 24, 20240.26Mar 14, 2024
20234×
0.25Dec 14, 20230.24Sep 13, 20230.24Jun 15, 20230.24Mar 14, 2023
20224×
0.23Dec 13, 20220.23Sep 14, 20220.22Jun 14, 20220.20Mar 15, 2022
20214×
0.18Dec 14, 20210.15Sep 14, 20210.15Jun 11, 20210.15Mar 12, 2021
20201×
0.15Dec 11, 2020