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Side-by-side financial comparison of HCI Group, Inc. (HCI) and SFL Corp Ltd. (SFL). Click either name above to swap in a different company.

SFL Corp Ltd. is the larger business by last-quarter revenue ($353.7M vs $242.9M, roughly 1.5× HCI Group, Inc.). HCI Group, Inc. runs the higher net margin — 35.0% vs 1.1%, a 33.9% gap on every dollar of revenue. On growth, HCI Group, Inc. posted the faster year-over-year revenue change (12.2% vs -27.0%).

HCI Equity Partners is a Washington, DC–based private equity firm with an additional office in Chicago, Illinois.

SFL Corp Ltd is a global maritime transportation and vessel owning enterprise with a diversified fleet including container ships, oil tankers, dry bulk carriers and offshore support vessels. It serves international logistics, energy and bulk commodity sectors, offering long-term and spot charter services to clients across major global trade routes.

HCI vs SFL — Head-to-Head

Bigger by revenue
SFL
SFL
1.5× larger
SFL
$353.7M
$242.9M
HCI
Growing faster (revenue YoY)
HCI
HCI
+39.2% gap
HCI
12.2%
-27.0%
SFL
Higher net margin
HCI
HCI
33.9% more per $
HCI
35.0%
1.1%
SFL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HCI
HCI
SFL
SFL
Revenue
$242.9M
$353.7M
Net Profit
$85.0M
$4.0M
Gross Margin
Operating Margin
22.8%
Net Margin
35.0%
1.1%
Revenue YoY
12.2%
-27.0%
Net Profit YoY
14.6%
-93.9%
EPS (diluted)
$5.45
$0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HCI
HCI
SFL
SFL
Q1 26
$242.9M
Q4 25
$246.2M
$353.7M
Q3 25
$216.3M
Q2 25
$221.9M
Q1 25
$216.4M
Q4 24
$161.9M
$484.4M
Q3 24
$175.3M
Q2 24
$206.2M
Net Profit
HCI
HCI
SFL
SFL
Q1 26
$85.0M
Q4 25
$97.7M
$4.0M
Q3 25
$65.5M
Q2 25
$66.2M
Q1 25
$69.7M
Q4 24
$2.6M
$64.7M
Q3 24
$5.7M
Q2 24
$54.1M
Operating Margin
HCI
HCI
SFL
SFL
Q1 26
Q4 25
58.5%
22.8%
Q3 25
41.9%
Q2 25
42.5%
Q1 25
46.4%
Q4 24
3.6%
32.8%
Q3 24
8.0%
Q2 24
36.9%
Net Margin
HCI
HCI
SFL
SFL
Q1 26
35.0%
Q4 25
39.7%
1.1%
Q3 25
30.3%
Q2 25
29.8%
Q1 25
32.2%
Q4 24
1.6%
13.4%
Q3 24
3.2%
Q2 24
26.2%
EPS (diluted)
HCI
HCI
SFL
SFL
Q1 26
$5.45
Q4 25
$7.29
$0.03
Q3 25
$4.90
Q2 25
$5.18
Q1 25
$5.35
Q4 24
$0.32
$0.49
Q3 24
$0.52
Q2 24
$4.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HCI
HCI
SFL
SFL
Cash + ST InvestmentsLiquidity on hand
$1.0B
$150.8M
Total DebtLower is stronger
$31.7M
$2.6B
Stockholders' EquityBook value
$1.1B
$960.9M
Total Assets
$2.6B
$3.6B
Debt / EquityLower = less leverage
0.03×
2.69×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCI
HCI
SFL
SFL
Q1 26
$1.0B
Q4 25
$1.2B
$150.8M
Q3 25
$987.9M
Q2 25
$947.2M
Q1 25
$754.5M
Q4 24
$532.5M
$134.6M
Q3 24
$518.8M
Q2 24
$445.8M
Total Debt
HCI
HCI
SFL
SFL
Q1 26
$31.7M
Q4 25
$2.6B
Q3 25
Q2 25
Q1 25
Q4 24
$2.9B
Q3 24
Q2 24
Stockholders' Equity
HCI
HCI
SFL
SFL
Q1 26
$1.1B
Q4 25
$1.0B
$960.9M
Q3 25
$821.8M
Q2 25
$758.6M
Q1 25
$522.7M
Q4 24
$453.3M
$1.1B
Q3 24
$455.3M
Q2 24
$447.3M
Total Assets
HCI
HCI
SFL
SFL
Q1 26
$2.6B
Q4 25
$2.5B
$3.6B
Q3 25
$2.3B
Q2 25
$2.4B
Q1 25
$2.3B
Q4 24
$2.2B
$4.1B
Q3 24
$2.0B
Q2 24
$1.9B
Debt / Equity
HCI
HCI
SFL
SFL
Q1 26
0.03×
Q4 25
2.69×
Q3 25
Q2 25
Q1 25
Q4 24
2.54×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HCI
HCI
SFL
SFL
Operating Cash FlowLast quarter
$118.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
29.75×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCI
HCI
SFL
SFL
Q1 26
Q4 25
$444.4M
$118.4M
Q3 25
$26.7M
Q2 25
$145.0M
Q1 25
$162.0M
Q4 24
$331.8M
$182.4M
Q3 24
$104.1M
Q2 24
$-29.0M
Free Cash Flow
HCI
HCI
SFL
SFL
Q1 26
Q4 25
$440.8M
Q3 25
$25.9M
Q2 25
$144.5M
Q1 25
$160.3M
Q4 24
$327.8M
Q3 24
$103.2M
Q2 24
$-30.1M
FCF Margin
HCI
HCI
SFL
SFL
Q1 26
Q4 25
179.0%
Q3 25
12.0%
Q2 25
65.1%
Q1 25
74.1%
Q4 24
202.5%
Q3 24
58.9%
Q2 24
-14.6%
Capex Intensity
HCI
HCI
SFL
SFL
Q1 26
Q4 25
1.5%
Q3 25
0.4%
Q2 25
0.2%
Q1 25
0.8%
Q4 24
2.5%
Q3 24
0.5%
Q2 24
0.5%
Cash Conversion
HCI
HCI
SFL
SFL
Q1 26
Q4 25
4.55×
29.75×
Q3 25
0.41×
Q2 25
2.19×
Q1 25
2.32×
Q4 24
128.41×
2.82×
Q3 24
18.33×
Q2 24
-0.54×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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