SFL Corporation Ltd

Industrials US SFL

9.96USD
-0.6(5.68%)

Last update at 2026-03-12T20:02:00Z

Day Range

9.9310.39
LowHigh

52 Week Range

7.8611.74
LowHigh

Fundamentals

  • Previous Close 10.56
  • Market Cap1609.74M
  • Volume2484359
  • P/E Ratio15.01
  • Dividend Yield8.54%
  • EBITDA436.87M
  • Revenue TTM733.12M
  • Revenue Per Share TTM5.79
  • Gross Profit TTM 459.43M
  • Diluted EPS TTM0.78

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 202.77M 164.34M -224.42500M 89.18M 73.62M
Minority interest - - - - -
Net income 130.06M 76.47M -346.07300M -56.76700M 73.62M
Selling general administrative 15.18M 12.97M 11.40M 10.20M 9.17M
Selling and marketing expenses - - - - -
Gross profit 277.42M 218.33M 204.12M 208.03M 186.09M
Reconciled depreciation 198.32M 151.71M 111.28M 116.38M 104.08M
Ebit 275.47M 242.84M 201.37M 226.87M 199.32M
Ebitda 480.95M 362.00M 328.33M 356.63M 314.83M
Depreciation and amortization 205.48M 119.17M 126.96M 129.77M 115.52M
Non operating income net other - - - - -
Operating income 275.47M 242.84M 201.37M 226.87M 117.61M
Other operating expenses 408.15M 308.04M 278.32M 261.02M 241.79M
Interest expense 110.13M 90.39M 126.40M 136.97M 103.70M
Tax provision 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Interest income 64.36M 7.45M 13.40M 30.02M 41.22M
Net interest income -85.36200M -82.93500M -113.00200M -124.99500M -95.93500M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 72.71M 87.87M 121.65M 145.94M 133.11M
Total revenue 670.39M 513.40M 471.05M 458.85M 418.71M
Total operating expenses 15.18M 12.97M 11.40M 10.20M 9.17M
Cost of revenue 392.97M 295.06M 266.92M 250.81M 232.63M
Total other income expense net -72.70600M -78.49500M -425.79600M -137.68800M -17.54900M
Discontinued operations - - - - -
Net income from continuing ops 202.77M 164.34M -224.42500M 89.18M 73.62M
Net income applicable to common shares 202.77M 164.34M -224.42500M 89.18M 73.62M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 3861.33M 3459.30M 3093.21M 3885.37M 3877.84M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 81.51M 43.10M 40.09M 34.80M 72.24M
Total liab 2770.10M 2476.97M 2297.56M 2779.00M 2697.81M
Total stockholder equity 1091.23M 982.33M 795.65M 1106.37M 1180.03M
Deferred long term liab - - - - -
Other current liab 46.60M 23.07M 26.29M 30.46M 59.68M
Common stock 1.39M 1.39M 1.28M 1.19M 1.19M
Capital stock 1.39M 1.39M 1.28M 1.19M 1.19M
Retained earnings 40.02M -92.72000M -257.06300M 0.00000M 29.51M
Other liab 10.31M 17.21M 8.30M 11.05M 12.89M
Good will - - - - -
Other assets 40.20M 67.32M 145.87M 391.86M 356.57M
Cash 188.36M 145.62M 215.44M 199.52M 211.39M
Cash and equivalents 188.36M 145.62M 215.44M 199.52M 211.39M
Total current liabilities 1056.61M 400.32M 576.53M 365.84M 404.12M
Current deferred revenue 27.20M 21.50M 15.16M 10.00M 7.56M
Net debt 2485.69M 2267.79M 2006.71M 2514.99M 2397.74M
Short term debt 974.92M 353.97M 533.84M 321.93M 334.94M
Short long term debt 921.27M 302.77M 484.96M 253.06M 267.15M
Short long term debt total 2674.05M 2413.41M 2222.16M 2714.51M 2609.13M
Other stockholder equity 1041.12M 1082.86M 1070.75M 1118.19M 1149.55M
Property plant equipment 3359.01M 2943.75M 1938.08M 2119.18M 2309.60M
Total current assets 296.98M 250.32M 356.44M 390.49M 413.58M
Long term investments 16.55M 16.64M 649.42M 42.16M 25.11M
Net tangible assets 1091.23M 982.33M 795.65M 1106.37M 1180.03M
Short term investments 7.28M 21.21M 28.80M 74.08M 87.17M
Net receivables 19.82M 32.04M 63.14M 78.59M 41.77M
Long term debt 1279.79M 1586.44M 1164.11M 1355.03M 1169.93M
Inventory 16.39M 10.12M 8.81M 7.93M 8.55M
Accounts payable 7.89M 1.77M 1.25M 3.44M 1.95M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 8.71M -9.19400M -19.31600M -13.01500M -0.22000M
Additional paid in capital - - - - -
Common stock total equity - - 1.28M 1.19M 1.19M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 188.79M 248.60M 771.40M 1333.54M 367.20M
Deferred long term asset charges - - - - -
Non current assets total 3564.35M 3208.98M 2736.78M 3494.88M 3464.27M
Capital lease obligations 473.00M 524.20M 573.09M 1106.43M 1172.05M
Long term debt total 1699.13M 2059.44M 1688.31M 2392.58M 2274.19M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -499.08800M 10.00M 176.34M -169.88100M 8.51M
Change to liabilities 6.12M 0.45M -2.19800M 1.50M 2.37M
Total cashflows from investing activities -499.08800M -389.05000M 176.34M -169.88100M -866.56400M
Net borrowings 297.08M 21.31M -362.52600M 105.83M 882.45M
Total cash from financing activities 178.37M 25.02M -431.43200M -89.20400M 724.93M
Change to operating activities -3.80700M -6.27100M 20.72M 4.62M -3.42700M
Net income 202.77M 164.34M -224.42500M 89.18M 73.62M
Change in cash 34.40M -70.43800M 21.38M -9.37800M 59.34M
Begin period cash flow 153.96M 224.40M 203.02M 212.39M 153.05M
End period cash flow 188.36M 153.96M 224.40M 203.02M 212.39M
Total cash from operating activities 355.12M 293.60M 276.48M 249.71M 200.97M
Issuance of capital stock 0.00000M 89.28M 61.48M 0.00000M 0.00000M
Depreciation 198.32M 151.71M 126.96M 129.77M 115.52M
Other cashflows from investing activities 103.41M -1.31200M 39.32M -211.06500M 32.67M
Dividends paid -111.57400M -77.55200M -109.39400M -150.65900M 149.26M
Change to inventory -6.27100M -1.31500M -0.87300M 0.61M -3.42300M
Change to account receivables -9.03300M -4.07300M -2.35200M -1.60800M 9.61M
Sale purchase of stock 0.00000M 586.75M 397.23M 0.00000M 0.00000M
Other cashflows from financing activities 952.45M -8.02500M -20.99700M 414.40M 1761.82M
Change to netincome -32.96800M -16.18300M 358.64M 25.53M 6.26M
Capital expenditures 602.50M 581.62M 120.05M 39.33M 1137.70M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -12.99300M -6.27100M 15.30M -0.30000M 5.13M
Stock based compensation - - - - -
Other non cash items -32.96800M -16.18300M 358.64M 31.06M 6.71M
Free cash flow -247.37400M -288.02700M 156.43M 210.38M -936.72800M

Peer Comparison

Sector: Industrials Industry: Marine Shipping

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
SFL
SFL Corporation Ltd
-0.6 5.68% 9.96 15.01 9.45 2.11 1.48 5.30 15.02
CICOY
COSCO SHIPPING Holdings Co Ltd ADR
0.34 3.52% 10.00 4.54 5.81 0.15 0.79 0.54 2.00
CICOF
COSCO SHIPPING Holdings Co. Ltd
- -% 1.98 4.65 5.66 0.14 0.78 0.54 2.02
AMKBF
A.P. Møller - Mærsk A/S
- -% 2581.15 7.17 35.46 0.51 0.47 0.70 2.73
AMKAF
AP Moeller - Maersk A/S A
- -% 2450.00 6.77 33.44 0.51 0.45 0.70 2.61

Reports Covered

Stock Research & News

Profile

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, chemical transportation, oil products transportation, container transportation, car transportation, and drilling rigs. As of December 31, 2022, the company owned 10 crude oil tankers, 15 dry bulk carriers, 32 container vessels, three car carriers, one jack-up drilling rig, one ultra-deepwater drilling unit, two chemical tankers, and six oil product tankers. It primarily operates in Bermuda, Cyprus, Liberia, Norway, Singapore, the United Kingdom, and the Marshall Islands. The company was formerly known as Ship Finance International Limited and changed its name to SFL Corporation Ltd. in September 2019. SFL Corporation Ltd. was incorporated in 2003 and is headquartered in Hamilton, Bermuda.

SFL Corporation Ltd

Par-la-Ville Place, Hamilton, Bermuda, HM 08

Key Executives

Name Title Year Born
Mr. Ole Bjarte Hjertaker CEO of SFL Management AS & Director 1967
Mr. Aksel C. Olesen Chief Financial Officer of SFL Management AS 1977
Mr. Trym Otto Sjølie Chief Operating Officer NA
Ms. Thecla Panagides Chief Accounting Officer NA
Mr. Marius Furuly VP of Fin. & Investor Relations NA
Ms. Jannicke Eilertsen Compliance Officer NA
Mr. Mikkel Storm Weum Sr. VP of Bus. Devel. NA
Mr. André Reppen Sr. VP & Chief Treasurer of SFL Management AS 1982
Mr. James Ayers Company Sec. NA

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