MARKETS / NYSE / SFL
NYSE · DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT · LARGE CAP

SFL Corporation Ltd. SFL

18 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY
Revenue · FY2025
$733.0M
▼ 18.9% vs FY2024
EPS · FY25
$-0.20
Dividend / sh · FY25
$0.94
Payout · FY25
-473%
ROE · FY25
-2.5%
Net margin · FY25
-3.6%
Dividend coverage
-0.2×
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Result
USD 733.0M
Revenue, FY2025 · full 18-year series below
Revenue Net income
0.250.50.7510.7-0.02008201120142017202020232025
0.250.50.7510.7-0.02016201920222025

The company lost 4 cents on every revenue dollar this year.

Per share
USD -0.20
Diluted EPS, FY2025
EPS Dividend
1230.94-0.202008201120142017202020232025
1230.94-0.202016201920222025

The dividend was paid in a year without profit.

Profitability
-2.5%
Return on equity, FY2025
ROE
10203040-2.5%2008201120142017202020232025
10203040-2.5%2016201920222025
Operating margin18.6%
Net margin-3.6%
Return on assets-0.7%

Each USD of equity lost 3 cents this year.

Returned to shareholders
USD 135.1M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 125.1M
Net buybacksUSD 10.0M
Share of profit-511.3%
Consecutive raises

USD 125.1M in dividends and USD 10.0M in buybacks went back to shareholders in a year without profit.

Growth
+9.2% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+3.0%
+9.2%
+6.1%
+5.9%
Dividend / share
+2.2%
Returned to shareholders
+6.6%
+4.3%
−1.8%
+1.0%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
0.14B
Shares outstanding, FY2025
0.080.142008201120142017202020232025
0.100.142016201920222025
Change, 5 years+13.1%
Change, 10 years+54.7%

The share count grew 13% in five years — the same company, cut into more, smaller slices.

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Balance sheet
USD 3.6B
total assets, end of FY2025
Total assetsUSD 3.6B
EquityUSD 960.9M
CashUSD 150.8M
Gross debtUSD 2.6B
Net debtUSD 2.4B
Current ratio0.36×

Net debt stands at 251% of equity.

History
18 fiscal years
Every figure from documents filed with the SEC · USD
Metric
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
Revenue $B
0.7
0.9
0.8
0.7
0.5
0.5
0.5
0.4
0.4
0.4
0.4
0.3
0.3
0.3
0.3
0.3
0.3
0.5
Operating income $B
0.1
0.3
0.2
0.3
0.2
−0.1
0.1
0.1
0.2
0.2
0.2
0.1
0.1
0.2
0.2
0.2
0.2
0.3
EBITDA $B
0.4
0.5
0.5
0.5
0.4
−0.0
0.3
0.2
0.2
0.3
0.2
0.2
0.2
0.3
0.2
0.2
0.2
0.4
Income tax $B
0.0
0.0
0.0
0.0
0.0
·
·
·
·
·
·
·
·
·
·
·
·
·
Net income $B
−0.0
0.1
0.1
0.2
0.2
−0.2
0.1
0.1
0.1
0.1
0.2
0.1
0.1
0.2
0.1
0.2
0.2
0.2
EPS, diluted $
−0.20
1.01
0.66
1.53
1.30
−2.06
0.83
0.69
1.03
1.50
1.88
1.24
0.99
2.22
1.62
2.09
2.59
2.50
Dividend / sh $
0.94
1.07
0.97
0.88
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Payout %
−473
106
147
55
47
−49
169
203
151
115
81
124
122
82
93
71
39
68
ROE %
−2.5
12.1
7.9
19.6
18.5
−23.6
7.8
6.2
8.7
12.3
16.8
10.5
8.2
20.1
15.6
21.0
30.4
35.1
Shares out B
0.14
0.15
0.14
0.14
0.14
0.13
0.12
0.12
0.11
0.10
0.09
0.09
0.09
0.09
0.08
0.08
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
51 of 51
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed