Sfl (SFL) Gross Margin (2009 - 2026)
Sfl (SFL) posted quarterly Gross Margin of 49.51% for Q1 2026, down 205.0% year-over-year from 47.16% in Q1 2025, and down 16.89% quarter-over-quarter from 59.57% in Q4 2025.
Sfl (SFL) Gross Margin (2009 - 2026) Analysis & Trends
Sfl (SFL) has reported Gross Margin for 18 consecutive years, with 49.51% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 205.0% year-over-year to 49.51%; the TTM figure through Mar 2026 stood at 56.84% (down 254.0% YoY), while the FY2025 annual figure was 58.83%, down 321.0% from the prior year.
- Gross Margin eased to 49.51% in Q1 2026 per SFL's latest filing, from 59.57% in the prior quarter.
- Across five years, Gross Margin topped out at 74.03% in Q2 2022 and bottomed at 44.43% in Q1 2023.
- Historically, Gross Margin has averaged 59.71% across 5 years, with a median of 60.77% in 2023.
- Annual changes were most pronounced in 2023 — Gross Margin tumbled 2701 bps — and 2025, when it surged 540 bps.
- Sfl's Gross Margin stood at 64.04% in 2022, then decreased by 1 bps to 63.55% in 2023, then decreased by 13 bps to 55.2% in 2024, then climbed by 8 bps to 59.57% in 2025, then slipped by 17 bps to 49.51% in 2026.
- Business Quant data shows SFL's Gross Margin at 49.51% in Q1 2026, 59.57% in Q4 2025, and 61.33% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 31.53% |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | - |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 67.88% |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | 4.10% |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 79.34% |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 2,501,247.17% |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 91.34% |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 92.31% |
| 10 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn | 61.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 49.51% |
| Dec 31, 2025 | 59.57% |
| Sep 30, 2025 | 61.33% |
| Jun 30, 2025 | 55.29% |
| Mar 31, 2025 | 51.57% |
| Dec 31, 2024 | 55.20% |
| Sep 30, 2024 | 63.09% |
| Jun 30, 2024 | 65.85% |
| Mar 31, 2024 | 46.17% |
| Dec 31, 2023 | 63.55% |
| Sep 30, 2023 | 59.56% |
| Jun 30, 2023 | 60.77% |
| Mar 31, 2023 | 44.43% |
| Dec 31, 2022 | 64.04% |
| Sep 30, 2022 | 69.65% |
| Jun 30, 2022 | 74.03% |
| Mar 31, 2022 | 71.43% |
| Dec 31, 2021 | 71.97% |
| Sep 30, 2021 | 68.83% |
| Jun 30, 2021 | 69.59% |