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Complete financial analysis of Golar LNG Limited (GLNG) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Golar LNG Limited, a leading company in the Oil & Gas Midstream industry within the Energy sector.
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Golar LNG Limited (GLNG)
About Golar LNG Limited
Golar LNG Limited designs, builds, owns, and operates marine infrastructure for the liquefaction and regasification of LNG. It operates through Shipping and FLNG segments. The company engages in the operation and chartering of LNG carriers, Floating Liquefaction Natural Gas Vessel (FLNG), and floating storage regasification units (FSRUs), as well as operates external vessels. As of December 31, 2021, it operated nine LNG carriers, one FSRU, and three FLNGs. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 298.43M | 267.74M | 451.77M | 438.64M | 448.75M | 430.60M | 143.54M | 80.26M | 102.67M | 106.16M | 97.38M | 423.03M | 299.85M | 379.09M | 216.50M | 228.78M | 224.67M | 239.70M | 171.04M | 163.41M | 132.77M | 130.61M | 114.22M | 113.01M | 81.79M | 78.25M |
| Cost of Revenue | 143.63M | 126.96M | 237.05M | 229.48M | 273.16M | 296.38M | 193.76M | 173.70M | 199.12M | 126.72M | 94.88M | 188.73M | 68.91M | 124.71M | 100.17M | 94.99M | 63.75M | 54.07M | 41.81M | 38.32M | 32.34M | 28.06M | 24.54M | 20.97M | 18.25M | 19.97M |
| Gross Profit | 154.80M | 140.78M | 214.71M | 209.15M | 175.59M | 134.23M | -50.22M | -93.44M | -96.45M | -20.57M | 2.50M | 234.30M | 230.93M | 254.37M | 116.32M | 133.79M | 160.93M | 185.63M | 129.23M | 125.09M | 100.42M | 102.55M | 89.69M | 92.04M | 63.54M | 58.29M |
| Gross Profit Ratio | 51.87% | 52.58% | 47.53% | 47.68% | 39.13% | 31.17% | -34.99% | -116.43% | -93.94% | -19.37% | 2.57% | 55.39% | 77.02% | 67.10% | 53.73% | 58.48% | 71.63% | 77.44% | 75.56% | 76.55% | 75.64% | 78.52% | 78.52% | 81.44% | 77.69% | 74.48% |
| Research & Development | 39.13M | 8.02M | 2.52M | 8.89M | 4.99M | 21.69M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 33.46M | 38.10M | 37.81M | 44.20M | 57.16M | 73.23M | 50.33M | 45.96M | 33.53M | 19.27M | 20.50M | 24.94M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 33.46M | 38.10M | 37.81M | 44.20M | 57.16M | 73.23M | 50.33M | 45.96M | 33.53M | 19.27M | 20.50M | 24.94M | 33.68M | 38.04M | 19.96M | 17.82M | 18.65M | 13.66M | 12.22M | 8.47M | 7.14M | 6.13M | 8.23M | 7.72M | 7.94M | 10.01M |
| Other Expenses | 66.41M | 23.43M | -5.02M | -3.26M | -15.32M | -58.41M | -81.00K | -132.00K | 0.00 | 281.00K | -3.36M | 27.00K | 70.29M | 65.08M | 63.48M | 61.58M | 60.16M | 56.82M | 50.99M | 40.50M | 31.15M | 31.30M | 31.61M | 36.49M | 29.46M | 29.72M |
| Operating Expenses | 150.17M | 61.53M | 32.79M | 40.94M | 46.83M | 36.51M | 50.33M | 45.94M | 33.53M | 24.34M | 20.50M | 24.96M | 103.97M | 148.69M | 83.44M | 79.39M | 78.81M | 70.48M | 63.21M | 48.97M | 38.29M | 37.43M | 39.85M | 44.20M | 37.40M | 39.72M |
| Cost & Expenses | 282.63M | 188.49M | 269.84M | 270.42M | 319.99M | 332.89M | 244.09M | 219.64M | 232.65M | 151.06M | 115.38M | 213.69M | 172.88M | 273.41M | 183.61M | 174.38M | 142.56M | 124.55M | 105.02M | 87.29M | 70.63M | 65.49M | 64.38M | 65.18M | 55.65M | 59.69M |
| Interest Income | 56.44M | 14.88M | 139.00K | 1.57M | 10.48M | 10.13M | 5.89M | 2.06M | 6.90M | 782.00K | 3.55M | 2.15M | 1.76M | 6.17M | 11.71M | 45.83M | 54.91M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 1.98M | 20.06M | 56.33M | 69.35M | 91.24M | 101.91M | 59.31M | 50.37M | 62.91M | 14.47M | 11.75M | 34.29M | 25.77M | 49.27M | 57.87M | 178.59M | 120.50M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 50.29M | 51.71M | 55.36M | 107.92M | 113.03M | 93.69M | 76.52M | 72.97M | 73.73M | 49.81M | 36.87M | 88.34M | 70.29M | 96.60M | 63.48M | 62.01M | 61.24M | 56.82M | 54.03M | 41.77M | 32.72M | 32.27M | 33.78M | 37.85M | 29.46M | 29.72M |
| EBITDA | 53.21M | 1.08B | 29.54M | 193.07M | 140.61M | 185.11M | 21.98M | -66.41M | -50.84M | 11.30M | 170.74M | 285.92M | 166.01M | 95.15M | 103.17M | 160.90M | 274.04M | 221.11M | 117.01M | 154.58M | 94.86M | 97.40M | 83.62M | 85.68M | 55.61M | 48.28M |
| EBITDA Ratio | 17.83% | 53.54% | -16.53% | 64.25% | 54.99% | 46.46% | 1.67% | -106.81% | -163.58% | -64.23% | 58.82% | 67.59% | 64.56% | 55.41% | 47.66% | 105.05% | 50.32% | 78.83% | 77.40% | 80.11% | 66.01% | 88.26% | 74.86% | 75.82% | 67.99% | 61.69% |
| Operating Income | 15.80M | 91.64M | 181.93M | 173.92M | 133.72M | 114.49M | -85.46M | -141.09M | -35.90M | -1.62M | 47.12M | 208.83M | 121.03M | 96.68M | 31.38M | 132.39M | 120.86M | 115.15M | 64.68M | 76.12M | 62.14M | 65.12M | 47.95M | 47.83M | 26.14M | 18.56M |
| Operating Income Ratio | 5.29% | 34.23% | 40.27% | 39.65% | 29.80% | 26.59% | -59.54% | -175.80% | -34.97% | -1.53% | 48.38% | 49.37% | 40.36% | 25.50% | 14.50% | 57.87% | 53.79% | 48.04% | 37.81% | 46.58% | 46.80% | 49.86% | 41.98% | 42.33% | 31.96% | 23.72% |
| Total Other Income/Expenses | -14.55M | 471.94M | -371.12M | -51.52M | -209.27M | -123.80M | -32.87M | -68.16M | -68.04M | -23.47M | 134.49M | 814.45M | -52.56M | -99.26M | -1.69M | -132.76M | -19.32M | -52.16M | -39.32M | -25.30M | -15.14M | -40.37M | -41.62M | -44.82M | -27.76M | -31.59M |
| Income Before Tax | 1.25M | 996.03M | -7.94M | 9.58M | -63.66M | -9.31M | -118.33M | -210.77M | -198.01M | -61.99M | 116.49M | 166.73M | 68.47M | 2.82M | 33.14M | -368.00K | 101.54M | 62.99M | 25.36M | 50.81M | 47.00M | 24.76M | 6.33M | 3.01M | -1.62M | -13.03M |
| Income Before Tax Ratio | 0.42% | 372.01% | -1.76% | 2.18% | -14.19% | -2.16% | -82.44% | -262.62% | -192.85% | -58.39% | 119.62% | 39.41% | 22.83% | 0.74% | 15.31% | -0.16% | 45.20% | 26.28% | 14.83% | 31.10% | 35.40% | 18.95% | 5.54% | 2.67% | -1.98% | -16.65% |
| Income Tax Expense | 1.87M | -438.00K | 1.74M | 981.00K | 1.02M | 1.27M | 1.51M | -589.00K | -3.05M | -1.11M | -3.40M | 3.64M | -1.71M | 1.95M | 1.64M | 510.00K | -299.00K | -1.26M | -818.00K | -420.00K | 375.00K | -88.00K | 356.00K | 78.00K | 237.00K | -236.00K |
| Net Income | -46.79M | 787.77M | -9.68M | 8.60M | -64.69M | -231.43M | -179.70M | -208.83M | -197.66M | -41.47M | 135.71M | 118.15M | 46.65M | 9.23M | 23.08M | -9.99M | 136.20M | 71.67M | 34.53M | 55.83M | 39.57M | 27.14M | 4.37M | -504.00K | -1.86M | -12.79M |
| Net Income Ratio | -15.68% | 294.23% | -2.14% | 1.96% | -14.42% | -53.74% | -125.20% | -260.21% | -192.51% | -39.06% | 139.37% | 27.93% | 15.56% | 2.43% | 10.66% | -4.37% | 60.62% | 29.90% | 20.19% | 34.17% | 29.80% | 20.78% | 3.82% | -0.45% | -2.27% | -16.35% |
| EPS | -0.44 | 6.25 | -0.09 | 0.09 | -0.64 | -2.30 | -1.79 | -2.23 | -2.12 | -0.48 | 1.36 | 12.09 | 0.62 | 0.01 | 0.34 | -0.15 | 2.09 | 1.09 | 0.53 | 0.85 | 0.68 | 0.48 | 0.08 | -0.01 | -0.03 | -0.23 |
| EPS Diluted | -0.44 | 6.22 | -0.09 | 0.09 | -0.64 | -2.30 | -1.79 | -2.22 | -2.12 | -0.48 | 1.28 | 11.66 | 0.62 | 0.01 | 0.34 | -0.15 | 2.07 | 1.05 | 0.50 | 0.84 | 0.68 | 0.48 | 0.08 | -0.01 | -0.03 | -0.23 |
| Weighted Avg Shares Out | 106.62M | 107.86M | 109.64M | 96.98M | 100.66M | 100.68M | 100.60M | 93.73M | 93.36M | 87.01M | 80.53M | 80.32M | 74.71M | 67.17M | 67.23M | 67.21M | 65.28M | 65.76M | 65.15M | 65.69M | 58.19M | 56.54M | 54.58M | 50.40M | 61.90M | 55.62M |
| Weighted Avg Shares Out (Dil) | 106.62M | 108.54M | 109.64M | 96.98M | 100.66M | 100.68M | 100.60M | 93.93M | 93.42M | 87.01M | 85.46M | 84.24M | 75.03M | 67.39M | 67.34M | 67.21M | 65.72M | 68.26M | 69.06M | 66.47M | 58.19M | 56.54M | 54.58M | 50.40M | 61.90M | 55.62M |
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