$1.40B Market Cap.
SFL Market Cap. (MRY)
SFL Shares Outstanding (MRY)
SFL Assets (MRY)
Total Assets
$4.11B
Total Liabilities
$2.98B
Total Investments
$100.25M
SFL Income (MRY)
Revenue
$904.40M
Net Income
$130.65M
Operating Expense
$254.38M
SFL Cash Flow (MRY)
CF Operations
$369.86M
CF Investing
-$617.50M
CF Financing
$216.70M
SFL Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $1.07 | 10.50% | 10.31% | 105.94% | 0.94 |
2023 | $0.97 | 8.60% | 10.23% | 144.78% | 0.69 |
2022 | $0.88 | 9.50% | 39.68% | 55.00% | 1.82 |
2021 | $0.63 | 7.70% | -37.00% | 46.67% | 2.14 |
2020 | $1.00 | 15.90% | - | -48.54% | -2.06 |
SFL Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $4,107,769,000 (10.09%) | $3,731,389,000 (-3.37%) | $3,861,330,000 (11.62%) | $3,459,297,000 (11.84%) |
Assets Current | $316,018,000 (6.03%) | $298,059,000 (0.36%) | $296,982,000 (18.64%) | $250,316,000 (-29.77%) |
Assets Non-Current | $3,791,751,000 (10.44%) | $3,433,330,000 (-3.68%) | $3,564,348,000 (11.07%) | $3,208,981,000 (17.25%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $1,128,422,000 (8.57%) | $1,039,397,000 (-4.75%) | $1,091,231,000 (11.09%) | $982,327,000 (23.46%) |
Property Plant & Equipment Net | $3,714,552,000 (12.08%) | $3,314,245,000 (-1.33%) | $3,359,012,000 (14.08%) | $2,944,339,000 (51.92%) |
Cash & Equivalents | $134,551,000 (-18.70%) | $165,492,000 (-12.14%) | $188,362,000 (22.34%) | $153,960,000 (-31.39%) |
Accumulated Other Comprehensive Income | $3,211,000 (-28.63%) | $4,499,000 (-48.37%) | $8,714,000 (194.78%) | -$9,194,000 (52.40%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $100,253,000 (-18.04%) | $122,316,000 (-34.89%) | $187,853,000 (-34.69%) | $287,611,000 (-66.46%) |
Investments Current | $38,871,000 (50.99%) | $25,744,000 (13.33%) | $22,715,000 (-49.18%) | $44,694,000 (-46.93%) |
Investments Non-Current | $61,382,000 (-36.44%) | $96,572,000 (-41.52%) | $165,138,000 (-32.02%) | $242,917,000 (-68.59%) |
Inventory | $17,386,000 (48.24%) | $11,728,000 (-28.47%) | $16,395,000 (61.94%) | $10,124,000 (14.94%) |
Trade & Non-Trade Receivables | $42,022,000 (-43.21%) | $73,989,000 (46.67%) | $50,447,000 (43.58%) | $35,135,000 (-3.50%) |
Trade & Non-Trade Payables | $35,601,000 (7.40%) | $33,149,000 (237.46%) | $9,823,000 (220.49%) | $3,065,000 (-22.82%) |
Accumulated Retained Earnings (Deficit) | $0 (0%) | $960,000 (-97.60%) | $40,015,000 (143.16%) | -$92,720,000 (63.93%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $2,839,462,000 (10.65%) | $2,566,087,000 (-4.04%) | $2,674,052,000 (10.80%) | $2,413,414,000 (8.61%) |
Debt Current | $689,045,000 (-19.15%) | $852,259,000 (-12.58%) | $974,925,000 (175.42%) | $353,973,000 (-33.69%) |
Debt Non-Current | $2,150,417,000 (25.47%) | $1,713,828,000 (0.87%) | $1,699,127,000 (-17.50%) | $2,059,441,000 (21.98%) |
Total Liabilities | $2,979,347,000 (10.67%) | $2,691,992,000 (-2.82%) | $2,770,099,000 (11.83%) | $2,476,970,000 (7.81%) |
Liabilities Current | $827,857,000 (-14.58%) | $969,195,000 (-8.27%) | $1,056,611,000 (163.94%) | $400,316,000 (-30.56%) |
Liabilities Non-Current | $2,151,490,000 (24.88%) | $1,722,797,000 (0.54%) | $1,713,488,000 (-17.49%) | $2,076,654,000 (20.66%) |
SFL Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $904,404,000 (20.22%) | $752,286,000 (12.22%) | $670,393,000 (30.58%) | $513,396,000 (8.99%) |
Cost of Revenue | $343,303,000 (16.87%) | $293,756,000 (43.20%) | $205,143,000 (30.89%) | $156,732,000 (0.70%) |
Selling General & Administrative Expense | $20,577,000 (32.20%) | $15,565,000 (2.56%) | $15,177,000 (16.98%) | $12,974,000 (13.81%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $254,384,000 (16.50%) | $218,346,000 (15.05%) | $189,776,000 (66.72%) | $113,826,000 (-74.90%) |
Interest Expense | $182,985,000 (9.57%) | $167,010,000 (42.33%) | $117,339,000 (20.86%) | $97,090,000 (-28.32%) |
Income Tax Expense | $10,631,000 (219.92%) | $3,323,000 (0%) | $0 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $130,653,000 (55.66%) | $83,937,000 (-58.60%) | $202,768,000 (23.38%) | $164,343,000 (173.23%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $130,653,000 (55.66%) | $83,937,000 (-58.60%) | $202,768,000 (23.38%) | $164,343,000 (173.23%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $130,653,000 (55.66%) | $83,937,000 (-58.60%) | $202,768,000 (23.38%) | $164,343,000 (173.23%) |
Weighted Average Shares | $129,391,000 (2.49%) | $126,249,000 (-0.43%) | $126,789,000 (3.81%) | $122,141,000 (12.08%) |
Weighted Average Shares Diluted | $130,000,000 (2.70%) | $126,584,000 (-7.86%) | $137,377,000 (-1.44%) | $139,383,000 (27.91%) |
Earning Before Interest & Taxes (EBIT) | $324,269,000 (27.53%) | $254,270,000 (-20.57%) | $320,107,000 (22.44%) | $261,433,000 (393.80%) |
Gross Profit | $561,101,000 (22.37%) | $458,530,000 (-1.44%) | $465,250,000 (30.44%) | $356,664,000 (13.08%) |
Operating Income | $306,717,000 (27.70%) | $240,184,000 (-12.81%) | $275,474,000 (13.44%) | $242,838,000 (275.75%) |
SFL Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$617,505,000 (-494.36%) | -$103,894,000 (79.18%) | -$499,088,000 (-28.28%) | -$389,050,000 (-320.63%) |
Net Cash Flow from Financing | $216,703,000 (182.69%) | -$262,065,000 (-246.93%) | $178,365,000 (612.98%) | $25,017,000 (105.80%) |
Net Cash Flow from Operations | $369,861,000 (7.80%) | $343,089,000 (-3.39%) | $355,125,000 (20.96%) | $293,595,000 (6.19%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$30,941,000 (-35.29%) | -$22,870,000 (-166.48%) | $34,402,000 (148.84%) | -$70,438,000 (-429.43%) |
Net Cash Flow - Business Acquisitions and Disposals | $2,810,000 (-3.73%) | $2,919,000 (0.10%) | $2,916,000 (-70.83%) | $9,998,000 (-78.33%) |
Net Cash Flow - Investment Acquisitions and Disposals | $2,100,000 (25.00%) | $1,680,000 (-90.21%) | $17,162,000 (1102.45%) | -$1,712,000 (93.08%) |
Capital Expenditure | -$622,115,000 (-474.87%) | -$108,218,000 (79.16%) | -$519,166,000 (-30.53%) | -$397,736,000 (-355.12%) |
Issuance (Repayment) of Debt Securities | $289,201,000 (401.13%) | -$96,039,000 (-132.33%) | $297,081,000 (1293.83%) | $21,314,000 (105.88%) |
Issuance (Purchase) of Equity Shares | $96,250,000 (1046.04%) | -$10,174,000 (0%) | $0 (0%) | $89,280,000 (45.21%) |
Payment of Dividends & Other Cash Distributions | -$138,491,000 (-12.60%) | -$122,992,000 (-10.23%) | -$111,574,000 (-43.87%) | -$77,552,000 (29.11%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $246,761,000 (11.26%) | $221,793,000 (13.72%) | $195,036,000 (34.48%) | $145,034,000 (20.54%) |
SFL Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 62.00% (1.64%) | 61.00% (-12.10%) | 69.40% (-0.14%) | 69.50% (3.73%) |
Profit Margin | 14.40% (28.57%) | 11.20% (-62.91%) | 30.20% (-5.63%) | 32.00% (167.23%) |
EBITDA Margin | 63.10% (-0.32%) | 63.30% (-17.58%) | 76.80% (-3.03%) | 79.20% (1082.09%) |
Return on Average Equity (ROAE) | 12.10% (53.16%) | 7.90% (-59.69%) | 19.60% (5.95%) | 18.50% (178.39%) |
Return on Average Assets (ROAA) | 3.30% (50.00%) | 2.20% (-60.00%) | 5.50% (10.00%) | 5.00% (178.13%) |
Return on Sales (ROS) | 35.90% (6.21%) | 33.80% (-29.14%) | 47.70% (-6.29%) | 50.90% (369.31%) |
Return on Invested Capital (ROIC) | 5.80% (18.37%) | 4.90% (-18.33%) | 6.00% (13.21%) | 5.30% (411.76%) |
Dividend Yield | 10.50% (22.09%) | 8.60% (-9.47%) | 9.50% (23.38%) | 7.70% (-51.57%) |
Price to Earnings Ratio (P/E) | 10.12 (-39.90%) | 16.84 (192.14%) | 5.76 (-4.54%) | 6.04 (298.00%) |
Price to Sales Ratio (P/S) | 1.46 (-22.77%) | 1.89 (8.54%) | 1.74 (-10.06%) | 1.94 (33.45%) |
Price to Book Ratio (P/B) | 1.25 (-17.22%) | 1.5 (28.44%) | 1.17 (10.47%) | 1.06 (12.53%) |
Debt to Equity Ratio (D/E) | 2.64 (1.93%) | 2.59 (2.01%) | 2.54 (0.67%) | 2.52 (-12.67%) |
Earnings Per Share (EPS) | 1.01 (50.75%) | 0.67 (-58.13%) | 1.6 (18.52%) | 1.35 (165.53%) |
Sales Per Share (SPS) | 6.99 (17.30%) | 5.96 (12.71%) | 5.29 (25.79%) | 4.2 (-2.78%) |
Free Cash Flow Per Share (FCFPS) | -1.95 (-204.84%) | 1.86 (243.74%) | -1.29 (-51.70%) | -0.85 (-121.50%) |
Book Value Per Share (BVPS) | 8.72 (5.93%) | 8.23 (-4.35%) | 8.61 (7.01%) | 8.04 (10.16%) |
Tangible Assets Book Value Per Share (TABVPS) | 31.75 (7.41%) | 29.56 (-2.95%) | 30.45 (7.53%) | 28.32 (-0.22%) |
Enterprise Value Over EBIT (EV/EBIT) | 12 (-25.00%) | 16 (45.45%) | 11 (-8.33%) | 12 (132.43%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 6.66 (-21.64%) | 8.5 (23.86%) | 6.87 (-8.18%) | 7.48 (-92.81%) |
Asset Turnover | 0.23 (16.67%) | 0.2 (8.20%) | 0.18 (16.56%) | 0.16 (16.30%) |
Current Ratio | 0.38 (24.03%) | 0.31 (9.61%) | 0.28 (-55.04%) | 0.63 (1.13%) |
Dividends | $1.07 (10.31%) | $0.97 (10.23%) | $0.88 (39.68%) | $0.63 (-37.00%) |
Free Cash Flow (FCF) | -$252,254,000 (-207.40%) | $234,871,000 (243.18%) | -$164,041,000 (-57.52%) | -$104,141,000 (-124.09%) |
Enterprise Value (EV) | $3,805,508,537 (-6.01%) | $4,048,671,311 (14.47%) | $3,536,897,788 (16.37%) | $3,039,410,022 (-6.80%) |
Earnings Before Tax (EBT) | $141,284,000 (61.91%) | $87,260,000 (-56.97%) | $202,768,000 (23.38%) | $164,343,000 (173.23%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $571,030,000 (19.95%) | $476,063,000 (-7.59%) | $515,143,000 (26.74%) | $406,467,000 (1197.12%) |
Invested Capital | $5,984,823,000 (15.92%) | $5,162,789,000 (-2.41%) | $5,290,409,000 (-0.53%) | $5,318,435,000 (17.81%) |
Working Capital | -$511,839,000 (23.74%) | -$671,136,000 (11.65%) | -$759,629,000 (-406.42%) | -$150,000,000 (31.85%) |
Tangible Asset Value | $4,107,769,000 (10.09%) | $3,731,389,000 (-3.37%) | $3,861,330,000 (11.62%) | $3,459,297,000 (11.84%) |
Market Capitalization | $1,404,913,537 (-10.11%) | $1,562,981,311 (22.35%) | $1,277,443,788 (22.64%) | $1,041,652,022 (38.93%) |
Average Equity | $1,083,909,500 (1.75%) | $1,065,314,000 (2.75%) | $1,036,779,000 (16.62%) | $888,989,000 (-6.52%) |
Average Assets | $3,919,579,000 (3.25%) | $3,796,359,500 (3.72%) | $3,660,313,500 (11.72%) | $3,276,254,000 (-6.11%) |
Invested Capital Average | $5,573,806,000 (6.64%) | $5,226,599,000 (-1.47%) | $5,304,422,000 (7.89%) | $4,916,436,500 (-6.76%) |
Shares | 137,467,078 (-0.79%) | 138,562,173 (0.01%) | 138,551,387 (8.40%) | 127,810,064 (7.05%) |
