Golar LNG Financials

Golar LNG (GLNG) reported $260.4M in total revenue for fiscal year 2024. This represents a -12.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Golar LNG (GLNG) revenue declined by 12.8% year-over-year, from $298.4M to $260.4M in fiscal year 2024.

Yes, Golar LNG (GLNG) reported a net income of $50.8M in fiscal year 2024, with a net profit margin of 19.5%.

Golar LNG (GLNG) reported diluted earnings per share of $0.48 for fiscal year 2024. This represents a 209.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Golar LNG (GLNG) had EBITDA of $115.2M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2024, Golar LNG (GLNG) had $566.4M in cash and equivalents against $931.0M in long-term debt.

Golar LNG (GLNG) had an operating margin of 23.9% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

Golar LNG (GLNG) had a net profit margin of 19.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Golar LNG (GLNG) has a return on equity of 2.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

Golar LNG (GLNG) had $4.4B in total assets as of fiscal year 2024, including both current and long-term assets.

Golar LNG (GLNG) invested $12.3M in research and development during fiscal year 2024.

Golar LNG (GLNG) had 105M shares outstanding as of fiscal year 2024.

Golar LNG (GLNG) had a current ratio of 0.88 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

Golar LNG (GLNG) had a debt-to-equity ratio of 0.46 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

Golar LNG (GLNG) had a return on assets of 1.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

Golar LNG (GLNG) has an Altman Z-Score of 1.42, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress.

Golar LNG (GLNG) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals.

Golar LNG (GLNG) scores 44 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks.