Golden Ocean Group (GOGL.OL) Return on Invested Capital (ROIC)

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

Return on Invested Capital (ROIC) Summary

Golden Ocean Group's ROIC measures how effectively the company uses its invested capital to generate profits:

  • Annual: 9.56%
  • Quarterly: 1.48%
  • TTM: 9.53%

What is ROIC?

Return on Invested Capital (ROIC) measures how effectively a company uses its capital from debt and equity to generate profits. ROIC is a useful metric for comparing the efficiency of capital allocation between different companies or across time periods within the same company. A higher ROIC indicates a more efficient use of capital.

Related Metrics

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

  • ROE (Return on Equity) - measures the return generated on shareholders' equity:
    • Annual: 11.75%
    • Quarterly: 2.05%
    • TTM: 11.62%
  • ROA (Return on Assets) - measures the return generated on the company's assets:
    • Annual: 6.61%
    • Quarterly: 1.15%
    • TTM: 6.61%

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 ROIC

9.56%

Quarterly ROIC

1.48%

TTM ROIC

9.53%

Golden Ocean Group Historical ROIC

17.58%17.58%14.68%14.68%11.78%11.78%8.89%8.89%5.99%5.99%3.10%3.10%0.20%0.20%-2.70%-2.70%-5.59%-5.59%-8.49%-8.49%-11.38%-11.38%ROIC9.56%5.53%13.74%15.28%0.75%3.50%5.01%1.83%-3.02%-11.38%20162016201720172018201820192019202020202021202120222022202320232024202420252025

Historical ROE

31.44%31.44%26.39%26.39%21.34%21.34%16.29%16.29%11.24%11.24%6.19%6.19%1.14%1.14%-3.91%-3.91%-8.96%-8.96%-14.01%-14.01%-19.06%-19.06%ROE11.75%5.84%24.09%27.33%-10.06%2.46%5.55%-0.16%-10.31%-19.06%20162016201720172018201820192019202020202021202120222022202320232024202420252025

Historical ROA

17.55%17.55%14.78%14.78%12.01%12.01%9.25%9.25%6.48%6.48%3.71%3.71%0.94%0.94%-1.83%-1.83%-4.60%-4.60%-7.37%-7.37%-10.14%-10.14%ROA6.61%3.22%14.18%15.26%-5.06%1.25%2.86%-0.08%-5.41%-10.14%20162016201720172018201820192019202020202021202120222022202320232024202420252025

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 ROIC ROE ROA
2024 9.56% 11.75% 6.61%
2023 5.53% 5.84% 3.22%
2022 13.74% 24.09% 14.18%
2021 15.28% 27.33% 15.26%
2020 0.75% -10.06% -5.06%
2019 3.50% 2.46% 1.25%
2018 5.01% 5.55% 2.86%
2017 1.83% -0.16% -0.08%
2016 -3.02% -10.31% -5.41%
2015 -11.38% -19.06% -10.14%

Related Metrics

Explore detailed financial metrics and analysis for GOGL.OL.

Financial Analysis
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Returns & Ratios
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