Golden Ocean Group (GOGL.OL) Profit Metrics

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
Profit Metrics Summary (Annual)

According to Golden Ocean Group's latest annual financial reports:

  • The company has reported a gross profit of 317.22M, indicating the amount earned after deducting the cost of goods sold (COGS) from revenue. The gross profit margin is 32.76%, with a year-over-year growth of 51.14%.
  • Golden Ocean Group's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 466.93M. The EBITDA margin stands at 48.22%, showing a growth of 34.88% compared to the previous year.
  • The operating income, representing the profit from business operations before taxes and interest, stands at 314.34M. The operating margin is 32.46%, with a year-over-year growth of 66.66%.
  • The net income, which shows the company's total earnings or profit after all expenses, is 223.21M. The net profit margin is 23.05%, demonstrating a growth of 98.82% from the previous year.

These metrics provide a comprehensive overview of Golden Ocean Group's profitability and operational efficiency over the past year.

Gross Profit

$317.22M

Gross Profit Margin (2023)

32.76%

EBITDA

$466.93M

EBITDA Margin

48.22%

Operating Income (2023)

$314.34M

Operating Margin

32.46%

Net Income

$223.21M

Net Profit Margin

23.05%

Historical Gross Profit
$600.00M$600.00M$500.00M$500.00M$400.00M$400.00M$300.00M$300.00M$200.00M$200.00M$100.00M$100.00M$0.00$0.00-$100.00M-$100.00MGross Profit20062006200720072008200820092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Gross Profit Margin
131.58%131.58%77.43%77.43%23.27%23.27%-30.88%-30.88%Gross Profit Margin2006200620072007200820082009200920102010201120112012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Gross Profit Growth
1200.00%1200.00%800.00%800.00%400.00%400.00%0.00%0.00%-400.00%-400.00%Gross Profit Growth2006200620072007200820082009200920102010201120112012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical EBITDA
$800.00M$800.00M$600.00M$600.00M$400.00M$400.00M$200.00M$200.00M$0.00$0.00-$200.00M-$200.00MEBITDA20062006200720072008200820092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical EBITDA Margin
102.89%102.89%83.08%83.08%63.28%63.28%43.47%43.47%23.66%23.66%3.85%3.85%-15.96%-15.96%EBITDA Margin2006200620072007200820082009200920102010201120112012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical EBITDA Growth
2100.00%2100.00%1400.00%1400.00%700.00%700.00%0.00%0.00%-700.00%-700.00%-1400.00%-1400.00%EBITDA Growth2006200620072007200820082009200920102010201120112012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Operating Income
$600.00M$600.00M$400.00M$400.00M$200.00M$200.00M$0.00$0.00-$200.00M-$200.00M-$400.00M-$400.00MOperating Income20062006200720072008200820092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Operating Profit Margin
200.00%200.00%100.00%100.00%0.00%0.00%-100.00%-100.00%-200.00%-200.00%Operating Profit Margin2006200620072007200820082009200920102010201120112012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical Operating Income Growth
3000.00%3000.00%2000.00%2000.00%1000.00%1000.00%0.00%0.00%-1000.00%-1000.00%-2000.00%-2000.00%Operating Income Growth2006200620072007200820082009200920102010201120112012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical 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 Income20062006200720072008200820092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Net Profit Margin
100.00%100.00%0.00%0.00%-100.00%-100.00%-200.00%-200.00%Net Profit Margin2006200620072007200820082009200920102010201120112012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical 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 Growth2006200620072007200820082009200920102010201120112012201220132013201420142015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
Golden Ocean Group Historical Profit Metrics
Gross Profit
EBITDA
Operating Income
Net Income
$800.00M$800.00M$600.00M$600.00M$400.00M$400.00M$200.00M$200.00M$0.00$0.00-$200.00M-$200.00M-$400.00M-$400.00MProfit Metrics20062006200720072008200820092009201020102011201120122012201320132014201420152015201620162017201720182018201920192020202020212021202220222023202320242024
Golden Ocean Group Historical Profits

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

Year Gross Profit Gross Profit Growth Operating Income Operating Income Growth Net Income Net Income Growth EBITDA EBITDA Growth
2024 $317.22M 51.14% $314.34M 66.66% $223.21M 98.82% $466.93M 34.88%
2023 $209.88M -50.23% $188.61M -56.65% $112.27M -75.69% $346.18M -34.77%
2022 $421.69M -20.16% $435.09M -15.29% $461.85M -12.40% $530.74M -18.99%
2021 $528.16M 1099.04% $513.61M 2497.52% $527.22M 482.96% $655.15M 399.82%
2020 $44.05M -62.01% $19.77M -80.36% $-137.67M -470.19% $131.08M -38.76%
2019 $115.95M -26.40% $100.66M -30.59% $37.19M -56.01% $214.05M -11.43%
2018 $157.55M 162.01% $145.01M 189.59% $84.53M 3700.26% $241.68M 81.88%
2017 $60.13M 209.24% $50.08M 171.27% $-2.35M 98.16% $132.87M 1868.81%
2016 $-55.05M 6.01% $-70.26M 70.62% $-127.71M 42.17% $-7.51M 94.74%
2015 $-58.56M -338.82% $-239.15M -1327.28% $-220.84M -1480.68% $-142.87M -866.18%
2014 $24.52M 108.51% $19.49M 185.55% $15.99M 509.81% $18.65M 4.16%
2013 $11.76M -17.57% $6.82M -31.81% $-3.90M 92.69% $17.90M -42.25%
2012 $14.27M -77.88% $10.01M -73.81% $-53.43M -263.63% $31.00M -41.88%
2011 $64.50M -1.90% $38.21M -11.47% $32.65M -15.31% $53.35M 25.25%
2010 $65.75M 11.92% $43.17M 81.71% $38.56M 77.85% $42.59M 10.36%
2009 $58.75M -8.72% $23.76M -51.63% $21.68M -54.88% $38.59M -38.72%
2008 $64.37M 7.74% $49.12M -45.65% $48.05M -43.36% $62.98M 8.09%
2007 $59.74M -14.50% $90.37M 76.27% $84.84M 85.57% $58.26M -14.89%
2006 $69.88M 5.07% $51.27M 5.92% $45.72M 3.98% $68.46M 4.37%
2005 $66.51M -40.40% $48.40M -48.10% $43.97M -48.78% $65.59M -40.69%

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