The earnings call highlighted consistent dividend payouts and a strong charter backlog, indicating resilience despite market volatility. However, the quarter was marred by a net loss due to impairments and idle assets like the Hercules rig. The new tariffs on Chinese-built and operated ships pose additional challenges. While operational improvements were noted, these were overshadowed by significant financial and strategic challenges.

Company Guidance -

Q2 2025

During the conference call, SFL Corporation provided guidance on its first-quarter performance for fiscal year 2025. The company reported revenues of $193 million and an EBITDA equivalent cash flow of $116 million, with a 12-month EBITDA equivalent totaling $545 million. Despite challenges, such as impairments on older dry bulk vessels and the Hercules drill rig being idle, SFL declared a net loss of $32 million or $0.24 per share. The company continues its dividend tradition, declaring $0.27 per share, representing a yield of approximately 13%. SFL's charter backlog stands at $4.2 billion, with over two-thirds from investment-grade customers, providing strong cash flow visibility. The company also highlighted its capital allocation strategy, which includes repurchasing $10 million worth of shares. Operationally, the fleet's utilization was high, with 98.6% for the shipping fleet and 97.2% overall, including drilling rigs. Despite new tariffs impacting 27 vessels, SFL plans to pass these costs to charters. The company maintains a solid liquidity position, with $174 million in cash and cash equivalents, and plans to continue investing in accretive assets.

Consistent Dividend Payout

Announced the 85th consecutive dividend of $0.27 per share, returning over $2.8 billion to shareholders over 85 quarters, representing a yield of approximately 13% based on the share price.

Strong Charter Backlog

Charter backlog stands at $4.2 billion, with more than two-thirds of this from customers with investment-grade ratings, providing unique cash flow visibility and resilience.

High Fleet Utilization

Overall fleet utilization was 98.6%, with shipping fleet utilization at 99.8%, showcasing the high quality of vessel management.

Operational Improvements and Upgrades

Several vessels upgraded in the quarter, boosting cargo intake and fuel efficiency, contributing to higher charter extensions.

SFL Corporation (SFL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SFL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 13, 2025	2025 (Q2)	-0.05 / -	0.165	―	―	―
May 14, 2025	2025 (Q1)	-0.03 / 0.03	0.35	-90.57% (-0.32)
Feb 12, 2025	2024 (Q4)	0.16 / 0.13	0.234	-44.87% (-0.11)
Nov 06, 2024	2024 (Q3)	0.37 / 0.38	0.214	78.50% (+0.17)
Aug 14, 2024	2024 (Q2)	<0.01 / 0.17	0.116	42.24% (+0.05)
May 14, 2024	2024 (Q1)	0.27 / 0.35	0.036	872.22% (+0.31)
Feb 14, 2024	2023 (Q4)	0.14 / 0.23	0.362	-35.36% (-0.13)
Nov 08, 2023	2023 (Q3)	0.18 / 0.21	0.372	-42.47% (-0.16)
Aug 17, 2023	2023 (Q2)	0.04 / 0.12	0.439	-73.58% (-0.32)
May 15, 2023	2023 (Q1)	0.14 / 0.04	0.38	-90.53% (-0.34)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SFL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 14, 2025	$8.46	$8.41	-0.59%
Feb 12, 2025	$10.32	$9.74	-5.62%
Nov 06, 2024	$9.79	$9.54	-2.55%
Aug 14, 2024	$10.23	$10.34	+1.08%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does SFL Corporation (SFL) report earnings?

SFL Corporation (SFL) is schdueled to report earning on Aug 13, 2025, TBA (Confirmed).

What is SFL Corporation (SFL) earnings time?

SFL Corporation (SFL) earnings time is at Aug 13, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SFL EPS forecast?

SFL EPS forecast for the fiscal quarter 2025 (Q2) is -0.05.

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