SFL Financials Sfl Corp Ltd.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 30 h ago Overview →

Growth & profitability

Revenue has grown 9.2% per year over the past 5 years.
Operating margin has expanded, at 18.6% in the latest year.

Financial health

Total debt ($2.6B) exceeds cash ($151M); net debt is $2.4B.
Total debt has grown in line with revenue (9.2% vs 9.2% per year).
Operating income covered interest expense 0.8× in the latest year.
Total debt is 19× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years.
The dividend has grown 2.7% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$733M	-$26M	0.0%	18.6%	—	$2.6B	$151M
2024	$904M	$131M	0.0%	33.9%	—	$2.9B	$135M
2023	$752M	$84M	0.0%	31.9%	—	$2.2B	$165M
2022	$670M	$203M	0.0%	41.1%	—	$2.2B	$188M
2021	$513M	$164M	0.0%	47.3%	—	$1.9B	$146M
2020	$471M	-$224M	0.0%	-29.3%	—	$1.7B	$215M
2019	$459M	$89M	0.0%	30.0%	—	$1.6B	$200M
2018	$419M	$74M	0.0%	28.1%	—	$1.5B	$211M
2017	$381M	$101M	0.0%	40.6%	—	$1.5B	$153M
2016	$413M	$146M	0.0%	40.7%	—	$1.6B	$62M
2015	$407M	$201M	0.0%	40.8%	—	$1.7B	$70M
2014	$327M	$123M	0.0%	44.3%	—	$1.7B	$51M
2013	$271M	$89M	0.0%	43.3%	—	$1.7B	$59M
2012	$320M	$186M	0.0%	64.9%	—	$1.8B	$61M
2011	$295M	$131M	0.0%	55.1%	—	$1.9B	$95M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Jun '13	$66M	$25M	0.0%	39.2%	—	$1.7B	$41M
Mar '13	$65M	$32M	0.0%	67.3%	—	$1.7B	$65M
Dec '12	$78M	$51M	0.0%	74.5%	—	$1.8B	$61M
Sep '12	$74M	$35M	0.0%	47.3%	—	$1.9B	$67M
Jun '12	$84M	$61M	0.0%	79.4%	—	$1.9B	$101M
Mar '12	$84M	$39M	0.0%	57.3%	—	—	$112M
Dec '11	$76M	$30M	0.0%	55.2%	—	$1.9B	$95M
Sep '11	$73M	$27M	0.0%	51.9%	—	—	$81M

Valuation over time

How the market has priced SFL against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 6.2× (Mar '23) to 8.4× (Nov '25).
The price-to-sales ratio has risen from 1.9× (Mar '23) to 2.0× (Jun '26).
The dividend yield has fallen from 8.8% (Mar '23) to 8.7% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is SFL growing its revenue and profit?

Over the past 5 years, Sfl Corp Ltd.'s revenue has grown 9.2% per year. These are computed facts, not advice.

How much debt does SFL have?

As of FY2025, Sfl Corp Ltd. reported $2.6B of total debt against $151M of cash; operating income covered interest expense 0.8×.

What is SFL's profit margin?

In FY2025, gross margin was —, operating margin 18.6%, and net margin -3.6%.

What is SFL's P/E ratio?

As of Jun '26, Sfl Corp Ltd. traded at a price-to-earnings ratio of about 8.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.