Sfl annual debt-to-equity ratio
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Sfl Debt-to-Equity Ratio Growth & History (SFL)
Sfl's debt-to-equity ratio was 2.69 for fiscal 2025.
View full Sfl company overviewSfl annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.69 | 0.15 | +6.03% |
| 2024 | 2024-12-31 | 2.54 | 0.05 | +2.07% |
| 2023 | 2023-12-31 | 2.49 | 0.02 | +0.94% |
| 2022 | 2022-12-31 | 2.46 | −0.01 | −0.39% |
| 2021 | 2021-12-31 | 2.47 | −0.34 | −12.07% |
| 2020 | 2020-12-31 | 2.81 | 0.34 | +13.76% |
| 2019 | 2019-12-31 | 2.47 | 0.24 | +10.76% |
| 2018 | 2018-12-31 | 2.23 | 0.76 | +51.25% |
| 2017 | 2017-12-31 | 1.47 | −0.03 | −1.75% |
| 2016 | 2016-12-31 | 1.50 | 0.16 | +11.86% |
| 2015 | 2015-12-31 | 1.34 | −0.16 | −10.65% |
| 2014 | 2014-12-31 | 1.50 | 0.04 | +3.07% |
| 2013 | 2013-12-31 | 1.46 | −0.38 | −20.84% |
| 2012 | 2012-12-31 | 1.84 | −0.39 | −17.41% |
| 2011 | 2011-12-31 | 2.23 | −0.09 | −3.91% |
| 2010 | 2010-12-31 | 2.32 | −0.53 | −18.62% |
| 2009 | 2009-12-31 | 2.85 | — | — |
Sfl quarterly debt-to-equity ratio
Q4.10
Q4.11
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q4.13
Q2.14
Q4.14
Q2.15
Q4.15
Q2.16
Q4.16
Q2.17
Q4.17
Q2.18
Q4.18
Q2.19
Q4.19
Q2.20
Q4.20
Q2.21
Q4.21
Q2.22
Q4.22
Q2.23
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Q2.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.32 | −0.50 | −17.63% |
| Q1 2026 | 2026-03-31 | 2.59 | −0.14 | −5.12% |
| Q4 2025 | 2025-12-31 | 2.69 | 0.15 | +6.03% |
| Q3 2025 | 2025-09-30 | 2.78 | — | — |
| Q2 2025 | 2025-06-30 | 2.81 | 0.22 | +8.31% |
| Q1 2025 | 2025-03-31 | 2.73 | — | — |
| Q4 2024 | 2024-12-31 | 2.54 | 0.05 | +2.07% |
| Q2 2024 | 2024-06-30 | 2.60 | 0.15 | +5.93% |
| Q4 2023 | 2023-12-31 | 2.49 | 0.02 | +0.94% |
| Q2 2023 | 2023-06-30 | 2.45 | 0.09 | +3.71% |
| Q4 2022 | 2022-12-31 | 2.46 | −0.01 | −0.39% |
| Q2 2022 | 2022-06-30 | 2.36 | −0.13 | −5.05% |
| Q4 2021 | 2021-12-31 | 2.47 | −0.34 | −12.07% |
| Q2 2021 | 2021-06-30 | 2.49 | −0.38 | −13.31% |
| Q4 2020 | 2020-12-31 | 2.81 | 0.34 | +13.76% |
| Q2 2020 | 2020-06-30 | 2.87 | 0.60 | +26.30% |
| Q4 2019 | 2019-12-31 | 2.47 | 0.24 | +10.76% |
| Q2 2019 | 2019-06-30 | 2.27 | 0.52 | +29.55% |
| Q4 2018 | 2018-12-31 | 2.23 | 0.76 | +51.25% |
| Q2 2018 | 2018-06-30 | 1.76 | −0.01 | −0.46% |
| Q4 2017 | 2017-12-31 | 1.47 | −0.03 | −1.75% |
| Q2 2017 | 2017-06-30 | 1.76 | 0.32 | +21.78% |
| Q4 2016 | 2016-12-31 | 1.50 | 0.16 | +11.86% |
| Q2 2016 | 2016-06-30 | 1.45 | 0.23 | +18.82% |
| Q4 2015 | 2015-12-31 | 1.34 | −0.16 | −10.65% |
| Q2 2015 | 2015-06-30 | 1.22 | −0.25 | −17.16% |
| Q4 2014 | 2014-12-31 | 1.50 | 0.04 | +3.07% |
| Q2 2014 | 2014-06-30 | 1.47 | 0.02 | +1.69% |
| Q4 2013 | 2013-12-31 | 1.46 | −0.38 | −20.84% |
| Q2 2013 | 2013-06-30 | 1.45 | −0.65 | −30.88% |
| Q1 2013 | 2013-03-31 | 1.60 | — | — |
| Q4 2012 | 2012-12-31 | 1.84 | −0.39 | −17.41% |
| Q3 2012 | 2012-09-30 | 2.03 | — | — |
| Q2 2012 | 2012-06-30 | 2.09 | — | — |
| Q4 2011 | 2011-12-31 | 2.23 | −0.09 | −3.91% |
| Q4 2010 | 2010-12-31 | 2.32 | — | — |
Sfl debt-to-equity ratio trends
Over the last five fiscal years, Sfl's debt-to-equity ratio decreased from 2.81 to 2.69, a change of −0.12. The latest reported quarter, Q2 2026, shows 2.32.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Sfl source filings ↗Community posts
SFL adds $750 million to backlog through Hapag-Lloyd extensions
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