Golden Ocean Group (GOGL.OL) Net Income

Price: $87.48
Market Cap: $17.44B
Avg Volume: 580.87K
Country: BM
Industry: Marine Shipping
Sector: Industrials
Beta: 1.185
52W Range: $79.92-167
Website: Golden Ocean Group

What is Golden Ocean Group's Net Income?

  • Golden Ocean Group's annual net income as of FY 2024 is $223.21M.
  • Golden Ocean Group's quarterly net income as of Q4 2024 is $39.00M.

What is Net Income?

Net income is the total profit of a company after all expenses and taxes have been deducted from revenue. It is also known as net profit or net earnings and is a key indicator of a company's financial performance and profitability.

Related Metrics

Other important metrics to assess Golden Ocean Group's financial health include:

  • Net Income Growth - the rate at which a company's net income is growing:
    • Annual Growth: 98.82%
  • Net Income Ratio - net income divided by revenue:
    • Annual: 23.05%
    • Quarterly: 18.49%
  • Net Income Per Share - net income divided by the number of shares outstanding:
    • Annual: $1.12

These metrics provide insights into Golden Ocean Group's financial health and its profitability. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Net Income

$223.21M

Quarterly Net Income

$39.00M

Historical Annual Net Income
$600.00M$600.00M$400.00M$400.00M$200.00M$200.00M$0.00$0.00-$200.00M-$200.00M-$400.00M-$400.00MNet Income (Annual)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Quarterly Net Income
$270.00M$270.00M$180.00M$180.00M$90.00M$90.00M$0.00$0.00-$90.00M-$90.00M-$180.00M-$180.00MNet Income (Quarterly)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Annual Net Income Growth
4000.00%4000.00%3000.00%3000.00%2000.00%2000.00%1000.00%1000.00%0.00%0.00%-1000.00%-1000.00%-2000.00%-2000.00%Net Income Growth (%)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Annual Net Income Per Share
$3.00$3.00$0.00$0.00$-3.00$-3.00$-6.00$-6.00$-9.00$-9.00Net Income Per Share20162016201720172018201820192019202020202021202120222022202320232024202420252025

Golden Ocean Group Historical Net Income Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.

Year Net Income Net Income Growth Net Income Ratio Net Income Per Share
2024 $223.21M 98.82% 23.05% $1.12
2023 $112.27M -75.69% 12.67% $0.56
2022 $461.85M -12.40% 41.48% $2.30
2021 $527.22M 482.96% 43.82% $2.74
2020 $-137.67M -470.19% -22.65% $-0.96
2019 $37.19M -56.01% 5.27% $0.26
2018 $84.53M 3700.26% 12.88% $0.59
2017 $-2.35M 98.16% -0.51% $-0.02
2016 $-127.71M 42.17% -49.54% $-1.34
2015 $-220.84M -1480.68% -116.46% $-7.30