Golden Ocean Group (GOGL.OL) Return on Equity (ROE)

Price: $76
Market Cap: $15.15B
Avg Volume: 615.41K
Country: BM
Industry: Marine Shipping
Sector: Industrials
Beta: 1.154
52W Range: $65-167
Website: Golden Ocean Group

Return on Equity (ROE) Summary

Golden Ocean Group's ROE measures the return generated on shareholders' equity:

  • Annual: 11.75%
  • Quarterly: 2.05%
  • TTM: 11.62%

What is Return on Equity (ROE)?

Return on Equity measures a company's ability to generate profits from its shareholders' equity. It indicates how effectively the management is using the company’s assets to create profits. A higher ROE generally reflects well on the company’s management and its ability to generate profits without needing as much capital.

Related Metrics

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

  • ROIC (Return on Invested Capital) - measures how effectively the company uses its invested capital to generate profits:
    • Annual: 9.56%
    • Quarterly: 1.48%
    • TTM: 9.53%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 6.61%
    • Quarterly: 1.15%
    • TTM: 6.61%
  • Profit Margin - indicates the profitability of the company relative to its revenue:
    • Annual: 23.05%
    • Quarterly: 18.49%
    • TTM: 23.05%

These metrics provide insights into Golden Ocean Group's profitability and efficiency in using its capital and assets to generate returns. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual ROE

11.75%

Quarterly ROE

2.05%

TTM ROE

11.62%

Golden Ocean Group Historical ROE
27.33%27.33%18.06%18.06%8.78%8.78%-0.50%-0.50%-9.78%-9.78%-19.06%-19.06%ROE20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical ROIC
20.62%20.62%15.28%15.28%9.95%9.95%4.62%4.62%-0.72%-0.72%-6.05%-6.05%-11.38%-11.38%ROIC20162016201720172018201820192019202020202021202120222022202320232024202420252025
Historical ROA
15.26%15.26%10.18%10.18%5.10%5.10%0.02%0.02%-5.06%-5.06%-10.14%-10.14%ROA20162016201720172018201820192019202020202021202120222022202320232024202420252025

Golden Ocean Group Historical Profitability Metrics

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

Year ROE ROIC ROA Profit Margin
2024 11.75% 9.56% 6.61% 23.05%
2023 5.84% 5.53% 3.22% 12.67%
2022 24.09% 13.74% 14.18% 41.48%
2021 27.33% 15.28% 15.26% 43.82%
2020 -10.06% 0.75% -5.06% -22.65%
2019 2.46% 3.50% 1.25% 5.27%
2018 5.55% 5.01% 2.86% 12.88%
2017 -0.16% 1.83% -0.08% -0.51%
2016 -10.31% -3.02% -5.41% -49.54%
2015 -19.06% -11.38% -10.14% -116.46%

Related Metrics

Explore detailed financial metrics and analysis for GOGL.OL.

Financial Analysis
Financial Statements Stock Forecast Price Target Technical Analysis Stock Splits Employee Count
Company Intelligence
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Income & Revenue
Earnings Revenue Revenue Growth Profit Net Income Profit Margin EBITDA Free Cash Flow Revenue Segments
Valuation
Valuation Market Cap Enterprise Value P/E Ratio PEG Ratio P/S Ratio P/B Ratio Book Value
Returns & Ratios
ROIC ROE ROA Current Ratio Quick Ratio Debt/Equity Ratio Earnings Per Share
Balance Sheet
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Dividends
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