See more : Solasto Corporation (6197.T) Income Statement Analysis – Financial Results
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 |
FLNG Hilli offloads 100th LNG cargo
Golar LNG Limited is pleased to announce that FLNG Hilli Episeyo (“Hilli”) successfully offloaded its 100th LNG cargo on Saturday October 14th. As the world's first FLNG conversion that also introduced Cameroon as the world's 20th LNG exporting nation in...
Wall Street Analysts Believe Golar LNG (GLNG) Could Rally 25.73%: Here's is How to Trade
The consensus price target hints at a 25.7% upside potential for Golar LNG (GLNG). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an...
Golar LNG Limited – Q3 2023 results presentation
Golar LNG's 3rd Quarter 2023 results will be released before the NASDAQ opens on Tuesday, November 21, 2023. In connection with this a webcast presentation will be held at 1:00 P.M (London Time) on Tuesday November 21, 2023. The presentation...
Golar LNG's Rise As A Key Player In The Growing FLNG Market
Golar LNG owns 2 out of 5 FLNG ships in the world, positioning it well for the projected LNG deficit in Europe. The delivery of the second FLNG vessel in September and a 20-year contract with BP in 1Q24 should...
Golar FLNG Gimi Gastech event and FLNG tour
Golar LNG Limited (“Golar” or “the Company”) announces today that it will be hosting a presentation and FLNG Gimi vessel tour at Singapore's Seatrium Benoi Yard on September 6, 2023 coinciding with Gastech 2023 and ahead of FLNG Gimi's expected...
Golar LNG Ltd (GLNG) Q2 2023 Earnings Call Transcript
Golar LNG Ltd (NASDAQ:GLNG ) Q2 2023 Earnings Conference Call August 10, 2023 8:00 AM ET Company Participants Karl Staubo - CEO Eduardo Maranhao - CFO Conference Call Participants Benjamin Nolan - Stifel, Nicolaus & Company Christopher Robertson - Deutsche...
Key information relating to the cash dividend to be paid by Golar LNG Limited
Reference is made to the second quarter 2023 report released on August 10, 2023. Golar LNG Limited (“Golar”), NASDAQ ticker: GLNG, has declared a total dividend of $0.25 per share to be paid on or around August 29, 2023. The...
Interim results for the period ended June 30, 2023
Highlights and subsequent events Golar LNG Limited (“Golar” or “the Company”) reports Q2 2023 Net income of $7 million, and Adjusted EBITDA 1 of $83 million, inclusive of $72 million of non-cash items. Total Golar Cash1 of $884 million, inclusive...
Golar LNG Limited: 2023 AGM Results Notification
Golar LNG Limited (the “Company”) advises that the 2023 Annual General Meeting of the Company was held on August 8, 2023 at 10:00 ADT at 2nd Floor, The S.E. Pearman Building, 9 Par-la-Ville Road, Hamilton HM 11, Bermuda. The audited...
What's in the Cards for Golar LNG (GLNG) in Q2 Earnings?
Supply-chain disruptions are likely to have hurt Golar LNG's (GLNG) performance in Q2.
Source: https://incomestatements.info
Category: Stock Reports