What is Sfl Corporation Ltd's earnings per share (EPS)?

Sfl Corporation Ltd (SFL) reported diluted earnings per share of $-0.20 for fiscal year 2025. This represents a -119.8% 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.

Sfl Corporation Ltd Financials

SFL

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Sfl Corporation Ltd (SFL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 26/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

Sfl Corporation Ltd has an operating margin of 18.6%, meaning the company retains $19 of operating profit per $100 of revenue. This results in a moderate score of 64/100, indicating healthy but not exceptional operating efficiency. This is down from 33.9% the prior year.

Growth

Sfl Corporation Ltd's revenue declined 18.9% year-over-year, from $904.4M to $733.0M. This contraction results in a growth score of 2/100.

Leverage

Sfl Corporation Ltd has a moderate D/E ratio of 2.04. This balance of debt and equity financing earns a leverage score of 60/100.

Liquidity

Sfl Corporation Ltd's current ratio of 0.36 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 1/100, which could limit financial flexibility.

Returns

Sfl Corporation Ltd generates a -2.8% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 5/100. This is down from 11.6% the prior year.

Altman Z-Score Distress

0.49

Sfl Corporation Ltd scores 0.49, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($1.5B) relative to total liabilities ($2.7B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Weak

3/9

Sfl Corporation Ltd passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed

-10.11x

For every $1 of reported earnings, Sfl Corporation Ltd generates $-10.11 in operating cash flow ($267.1M OCF vs -$26.4M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk

0.8x

Sfl Corporation Ltd earns $0.8 in operating income for every $1 of interest expense ($136.7M vs $180.5M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$733.0M

YoY-18.9%

5Y CAGR+9.2%

10Y CAGR+6.1%

Sfl Corporation Ltd generated $733.0M in revenue in fiscal year 2025. This represents a decrease of 18.9% from the prior year.

EBITDA

$371.7M

YoY-31.9%

10Y CAGR+4.3%

Sfl Corporation Ltd's EBITDA was $371.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 31.9% from the prior year.

Net Income

-$26.4M

YoY-120.2%

Sfl Corporation Ltd reported -$26.4M in net income in fiscal year 2025. This represents a decrease of 120.2% from the prior year.

EPS (Diluted)

$-0.20

YoY-119.8%

Sfl Corporation Ltd earned $-0.20 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 119.8% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$150.8M

YoY+12.1%

5Y CAGR-6.9%

10Y CAGR+8.0%

Sfl Corporation Ltd held $150.8M in cash against $2.0B in long-term debt as of fiscal year 2025.

Dividends Per Share

$0.94

YoY-12.1%

Sfl Corporation Ltd paid $0.94 per share in dividends in fiscal year 2025. This represents a decrease of 12.1% from the prior year.

Shares Outstanding

145M

YoY-0.8%

5Y CAGR+2.5%

10Y CAGR+4.5%

Sfl Corporation Ltd had 145M shares outstanding in fiscal year 2025. This represents a decrease of 0.8% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

18.6%

YoY-15.3pp

5Y CAGR+48.0pp

10Y CAGR-22.2pp

Sfl Corporation Ltd's operating margin was 18.6% in fiscal year 2025, reflecting core business profitability. This is down 15.3 percentage points from the prior year.

Net Margin

-3.6%

YoY-18.1pp

5Y CAGR+44.0pp

10Y CAGR-53.0pp

Sfl Corporation Ltd's net profit margin was -3.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 18.1 percentage points from the prior year.

Return on Equity

-2.8%

YoY-14.3pp

5Y CAGR+25.5pp

10Y CAGR-18.9pp

Sfl Corporation Ltd's ROE was -2.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 14.3 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$10.0M

Sfl Corporation Ltd spent $10.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

N/A

SFL Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$733.0M-18.9%	$904.4M+20.2%	$752.3M+12.2%	$670.4M+30.6%	$513.4M+9.0%	$471.0M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	$136.7M-55.4%	$306.7M+27.7%	$240.2M-12.8%	$275.5M+13.4%	$242.8M+275.7%	-$138.2M
Interest Expense	$180.5M-1.3%	$183.0M+9.6%	$167.0M+42.3%	$117.3M	N/A	N/A
Income Tax	$1.9M-82.3%	$10.6M+219.9%	$3.3M	$0	$0	N/A
Net Income	-$26.4M-120.2%	$130.7M+55.7%	$83.9M-58.6%	$202.8M+23.4%	$164.3M+173.2%	-$224.4M
EPS (Diluted)	$-0.20-119.8%	$1.01+53.0%	$0.66-56.9%	$1.53+17.7%	$1.30+163.1%	$-2.06

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

SFL Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$3.6B-11.4%	$4.1B+10.1%	$3.7B-3.4%	$3.9B+11.6%	$3.5B+11.8%	$3.1B
Current Assets	$259.2M-18.0%	$316.0M+6.0%	$298.1M+0.4%	$297.0M+18.6%	$250.3M-29.8%	$356.4M
Cash & Equivalents	$150.8M+12.1%	$134.6M-18.7%	$165.5M-12.1%	$188.4M+29.3%	$145.6M-32.4%	$215.4M
Inventory	$13.8M-20.7%	$17.4M+48.2%	$11.7M-28.5%	$16.4M+61.9%	$10.1M+14.9%	$8.8M
Accounts Receivable	$11.6M-68.6%	$36.8M-10.6%	$41.2M+105.9%	$20.0M+79.7%	$11.1M+67.0%	$6.7M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.7B-10.1%	$3.0B+10.7%	$2.7B-2.8%	$2.8B+11.8%	$2.5B+7.8%	$2.3B
Current Liabilities	$710.3M-14.2%	$827.9M-14.6%	$969.2M-8.3%	$1.1B+163.9%	$400.3M-30.6%	$576.5M
Long-Term Debt	$2.0B-8.8%	$2.2B+25.5%	$1.7B+33.9%	$1.3B-19.3%	$1.6B+36.3%	$1.2B
Total Equity	$960.9M-14.8%	$1.1B+8.6%	$1.0B-4.8%	$1.1B+11.1%	$982.3M+23.5%	$795.7M
Retained Earnings	-$26.4M	$0-100.0%	$960K-97.6%	$40.0M+143.2%	-$92.7M+63.9%	-$257.1M

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Total Assets	$3.6B-7.9%	$4.0B-3.8%	$4.1B+6.2%	$3.9B+3.6%	$3.7B-2.0%	$3.8B-1.4%	$3.9B+7.6%	$3.6B
Current Assets	$259.2M-8.6%	$283.7M-10.2%	$316.0M-17.1%	$381.1M+27.9%	$298.1M-7.2%	$321.0M+8.1%	$297.0M-10.3%	$331.0M
Cash & Equivalents	$150.8M-3.2%	$155.8M+15.8%	$134.6M-27.7%	$186.1M+12.4%	$165.5M-17.9%	$201.5M+7.0%	$188.4M-15.8%	$223.8M
Inventory	$13.8M	N/A	$17.4M	N/A	$11.7M-23.2%	$15.3M-6.8%	$16.4M+15.0%	$14.3M
Accounts Receivable	$11.6M-44.9%	$21.0M-43.0%	$36.8M-70.7%	$125.6M+205.0%	$41.2M+20.0%	$34.3M+71.6%	$20.0M+85.7%	$10.8M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$2.7B-9.0%	$2.9B-1.2%	$3.0B+5.2%	$2.8B+5.2%	$2.7B-2.3%	$2.8B-0.5%	$2.8B+8.9%	$2.5B
Current Liabilities	$710.3M-24.6%	$942.5M+13.8%	$827.9M-25.6%	$1.1B+14.9%	$969.2M+64.6%	$588.9M-44.3%	$1.1B+22.8%	$860.2M
Long-Term Debt	$2.0B-1.6%	$2.0B-7.3%	$2.2B+25.6%	$1.7B-0.1%	$1.7B-2.7%	$1.8B+37.7%	$1.3B+6.4%	$1.2B
Total Equity	$960.9M-4.8%	$1.0B-10.6%	$1.1B+8.9%	$1.0B-0.3%	$1.0B-1.1%	$1.1B-3.7%	$1.1B+4.3%	$1.0B
Retained Earnings	-$26.4M	N/A	$0	N/A	$960K-60.3%	$2.4M-94.0%	$40.0M	$0

SFL Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$267.1M-27.8%	$369.9M+7.8%	$343.1M-3.4%	$355.1M+21.0%	$293.6M+6.2%	$276.5M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$188.1M+130.5%	-$617.5M-494.4%	-$103.9M+79.2%	-$499.1M-28.3%	-$389.1M-320.6%	$176.3M
Financing Cash Flow	-$439.0M-302.6%	$216.7M+182.7%	-$262.1M-246.9%	$178.4M+613.0%	$25.0M+105.8%	-$431.4M
Dividends Paid	$125.1M-9.7%	$138.5M+12.6%	$123.0M+10.2%	$111.6M+43.9%	$77.6M-29.1%	$109.4M
Share Buybacks	$10.0M	N/A	$10.2M	$0	$0	N/A

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

SFL Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	18.6%-15.3pp	33.9%+2.0pp	31.9%-9.2pp	41.1%-6.2pp	47.3%+76.6pp	-29.3%
Net Margin	-3.6%-18.1pp	14.4%+3.3pp	11.2%-19.1pp	30.3%-1.8pp	32.0%+79.7pp	-47.6%
Return on Equity	-2.8%-14.3pp	11.6%+3.5pp	8.1%-10.5pp	18.6%+1.8pp	16.7%+44.9pp	-28.2%
Return on Assets	-0.7%-3.9pp	3.2%+0.9pp	2.3%-3.0pp	5.3%+0.5pp	4.8%+12.0pp	-7.3%
Current Ratio	0.36-0.0	0.38+0.1	0.31+0.0	0.28-0.3	0.630.0	0.62
Debt-to-Equity	2.04+0.1	1.91+0.3	1.65+0.5	1.17-0.4	1.61+0.2	1.46
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q2'25	Q4'24	Q2'24	Q4'23	Q2'23	Q4'22	Q2'22
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	0.36+0.1	0.30-0.1	0.38+0.0	0.34+0.0	0.31-0.2	0.55+0.3	0.28-0.1	0.38
Debt-to-Equity	2.04+0.1	1.97+0.1	1.91+0.3	1.650.0	1.65-0.0	1.68+0.5	1.17+0.0	1.15
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: The current ratio is below 1.0 (0.36), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Sfl Corporation Ltd's annual revenue?

Sfl Corporation Ltd (SFL) reported $733.0M in total revenue for fiscal year 2025. This represents a -18.9% 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.

How fast is Sfl Corporation Ltd's revenue growing?

Sfl Corporation Ltd (SFL) revenue declined by 18.9% year-over-year, from $904.4M to $733.0M in fiscal year 2025.

Is Sfl Corporation Ltd profitable?

No, Sfl Corporation Ltd (SFL) reported a net income of -$26.4M in fiscal year 2025, with a net profit margin of -3.6%.

What is Sfl Corporation Ltd's EBITDA?

Sfl Corporation Ltd (SFL) had EBITDA of $371.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Sfl Corporation Ltd have?

As of fiscal year 2025, Sfl Corporation Ltd (SFL) had $150.8M in cash and equivalents against $2.0B in long-term debt.

What is Sfl Corporation Ltd's operating margin?

Sfl Corporation Ltd (SFL) had an operating margin of 18.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Sfl Corporation Ltd's net profit margin?

Sfl Corporation Ltd (SFL) had a net profit margin of -3.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Sfl Corporation Ltd pay dividends?

Yes, Sfl Corporation Ltd (SFL) paid $0.94 per share in dividends during fiscal year 2025.

What is Sfl Corporation Ltd's return on equity (ROE)?

Sfl Corporation Ltd (SFL) has a return on equity of -2.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Sfl Corporation Ltd's operating cash flow?

Sfl Corporation Ltd (SFL) generated $267.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Sfl Corporation Ltd's total assets?

Sfl Corporation Ltd (SFL) had $3.6B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Sfl Corporation Ltd buy back shares?

Yes, Sfl Corporation Ltd (SFL) spent $10.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Sfl Corporation Ltd have outstanding?

Sfl Corporation Ltd (SFL) had 145M shares outstanding as of fiscal year 2025.

What is Sfl Corporation Ltd's current ratio?

Sfl Corporation Ltd (SFL) had a current ratio of 0.36 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Sfl Corporation Ltd's debt-to-equity ratio?

Sfl Corporation Ltd (SFL) had a debt-to-equity ratio of 2.04 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Sfl Corporation Ltd's return on assets (ROA)?

Sfl Corporation Ltd (SFL) had a return on assets of -0.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Sfl Corporation Ltd's Altman Z-Score?

Sfl Corporation Ltd (SFL) has an Altman Z-Score of 0.49, 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. Learn more in our complete guide to financial health indicators.

What is Sfl Corporation Ltd's Piotroski F-Score?

Sfl Corporation Ltd (SFL) has a Piotroski F-Score of 3 out of 9, indicating weak 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. Learn more in our complete guide to financial health indicators.

Are Sfl Corporation Ltd's earnings high quality?

Sfl Corporation Ltd (SFL) has an earnings quality ratio of -10.11x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Sfl Corporation Ltd cover its interest payments?

Sfl Corporation Ltd (SFL) has an interest coverage ratio of 0.8x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Sfl Corporation Ltd?

Sfl Corporation Ltd (SFL) scores 26 out of 100 on our Financial Profile, indicating weak 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. Learn more in our complete guide to financial health indicators.