SFL Corporation Ltd.

SFL ·Industrials, Marine Shipping, Bermuda
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $380.9M $413.0M $406.7M $327.5M $270.9M $319.7M $295.1M $308.1M
Cost of Revenue — — — — — — — —
Gross Profit — — — — — — — —
Gross Margin — — — — — — — —
Operating Expenses
Research & Development — — — — — — — —
SG&A Expense — — — — — — — —
Operating Income $154.6M $168.1M $166.0M $145.1M $117.4M $207.6M $162.7M $211.8M
Operating Margin 40.6% 40.7% 40.8% 44.3% 43.3% 64.9% 55.1% 68.8%
Interest Expense — — — — — — — —
Pretax Income $77.4M $118.6M $167.2M $89.3M $61.0M $142.3M $80.3M $115.3M
Income Tax Expense — — — — — — — —
Net Income $101.2M $146.4M $200.8M $122.8M $89.2M $185.8M $131.2M $165.7M
Net Margin 26.6% 35.5% 49.4% 37.5% 32.9% 58.1% 44.4% 53.8%
EPS (Basic) $1.06 $1.57 $2.15 $1.32 $1.00 $2.31 $1.66 $2.10
EPS (Diluted) $1.03 $1.50 $1.88 $1.24 $0.99 $2.22 $1.62 $2.09
Shares Outstanding (Basic) 95.6M 93.5M 93.5M 93.3M 89.5M 80.6M 79.1M 79.1M
Shares Outstanding (Diluted) 102.9M 108.0M 119.0M 116.7M 95.4M 85.9M 83.6M 79.3M
Dividends Per Share — — — — — — — —
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