Last Price$7.8(5.5%)
Market Cap$1,553.2M
LTM Net Income margin
23.9%
5Y avg
18.0%
Marine Shipping industry
median
19.4%
Stock quality & Intrinsic value
7/10
(0.6%) overvalued
Golden Ocean Group Limited Net Income margin
Annual
Quarterly
LTM
Industry median
Company stand-alone
Crunching data... Almost there!
| Dec'04 | Dec'05 | Dec'06 | Dec'07 | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income margin | 63.3% | 43.9% | 43.2% | 96.2% | 58.0% | 32.2% | 40.2% | 34.5% | (143.2%) | (10.4%) | 16.5% | (116.5%) | (49.5%) | (0.5%) | 12.9% | 5.3% | (22.6%) | 43.8% | 41.5% | 12.7% |
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Golden Ocean Group Limited (GOGL) Net Income margin comparison analysis
General
LTM Net Income margin
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
Golden Ocean Group LimitedGOGL
23.9%
(20.4%)
(75.7%)
12.7%
Median Peer Set
24.5%
10.4%
(4.9%)
14.6%
Danaos CorporationDAC
50.0%
4.2%
(9.8%)
49.8%
Global Ship Lease, Inc.GSL
46.5%
10.3%
7.6%
45.7%
Navios Maritime Partners L.P.NMM
30.5%
8.0%
(25.2%)
33.2%
ZIM Integrated Shipping Services Ltd.ZIM
25.3%
(58.9%)
N/A
(52.2%)
Capital Product Partners L.P.CPLP
24.9%
20.6%
(76.0%)
13.1%
Star Bulk Carriers Corp.SBLK
24.1%
33.3%
223.9%
24.1%
SFL Corporation Ltd.SFL
16.1%
11.0%
(35.9%)
11.3%
Costamare Inc.CMRE
15.4%
37.9%
(17.3%)
15.4%
Matson, Inc.MATX
13.9%
10.6%
67.9%
13.9%
Kirby CorporationKEX
8.8%
5.6%
31.3%
8.8%
GOGL key stats
USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Dec'04 | Dec'05 | Dec'06 | Dec'07 | Dec'08 | Dec'09 | Dec'10 | Dec'11 | Dec'12 | Dec'13 | Dec'14 | Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 135.7 0.0% | 100.2 (26.2%) | 105.7 5.5% | 88.2 (16.6%) | 82.9 (6.0%) | 67.3 (18.8%) | 95.9 42.4% | 94.5 (1.4%) | 37.3 (60.5%) | 37.5 0.6% | 96.7 157.6% | 189.6 96.1% | 257.8 36.0% | 460.0 78.4% | 656.1 42.6% | 705.8 7.6% | 607.9 (13.9%) | 1,203.2 97.9% | 1,113.5 (7.5%) | 885.8 (20.4%) |
| Cost of Goods Sold (COGS) | 24.1 | 33.7 | 35.9 | 28.4 | 18.5 | 8.6 | 30.1 | 30.0 | 23.0 | 25.8 | 72.2 | 248.2 | 312.9 | 399.9 | 498.5 | 589.9 | 563.9 | 675.0 | 691.8 | 675.9 |
% margin | 111.6 82.2% | 66.5 66.4% | 69.9 66.1% | 59.7 67.8% | 64.4 77.6% | 58.8 87.2% | 65.8 68.6% | 64.5 68.2% | 14.3 38.2% | 11.8 31.3% | 24.5 25.4% | (58.6) (30.9%) | (55.0) (21.4%) | 60.1 13.1% | 157.5 24.0% | 115.9 16.4% | 44.0 7.2% | 528.2 43.9% | 421.7 37.9% | 209.9 23.7% |
| Operating Expenses | 42.4 | 51.8 | 54.5 | 46.9 | 15.2 | 35.0 | 22.6 | 26.3 | 4.3 | 4.9 | 5.0 | 17.2 | 14.5 | 8.7 | 11.7 | 15.3 | 10.8 | 20.2 | 20.8 | 18.7 |
| Research & Development Expenses (R&D) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Selling, General & Administrative Expenses (SG&A) | 1.1 | 1.0 | 1.5 | 1.5 | 1.5 | 20.7 | 3.0 | 3.5 | 4.3 | 4.9 | 5.0 | 12.5 | 12.7 | 12.6 | 14.7 | 14.1 | 13.7 | 18.1 | 20.4 | 18.7 |
% margin | 93.3 68.7% | 48.4 48.3% | 51.3 48.5% | 90.4 102.5% | 49.1 59.2% | 23.8 35.3% | 43.2 45.0% | 38.2 40.4% | 10.0 26.8% | 6.8 18.2% | 19.5 20.1% | (239.1) (126.1%) | (70.3) (27.3%) | 50.1 10.9% | 145.0 22.1% | 100.7 14.3% | 19.8 3.3% | 513.6 42.7% | 435.1 39.1% | 188.6 21.3% |
| Interest Income | 0.0 | 0.0 | 0.0 | 1.0 | 2.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.8 | 1.7 | 2.2 | 7.6 | 4.4 | 1.2 | 0.5 | 2.3 | 4.7 |
| Interest Expense | 0.0 | 0.0 | 0.0 | 6.4 | 3.2 | 1.9 | 3.9 | 5.0 | 3.8 | 2.8 | 2.5 | 28.3 | 44.2 | 59.8 | 75.1 | 59.5 | 47.5 | 39.9 | 56.2 | 103.7 |
| Pre-tax Income | 69.1 | 14.7 | 15.4 | 12.8 | 48.9 | 23.5 | 38.6 | 32.7 | 5.9 | 3.5 | 16.3 | (220.7) | (127.9) | (2.3) | 84.8 | 37.4 | (137.5) | 527.6 | 462.2 | 112.8 |
% effective tax rate | (16.7) (24.2%) | (29.2) (197.9%) | (30.3) (196.3%) | (71.8) (559.8%) | (2.0) (4.0%) | 0.5 2.1% | 0.7 1.9% | 0.7 2.0% | 59.3 1,009.7% | 7.4 210.6% | 0.3 1.6% | 0.2 (0.1%) | (0.2) 0.1% | 0.1 (2.4%) | 0.2 0.3% | 0.2 0.6% | 0.1 (0.1%) | 0.4 0.1% | 0.4 0.1% | 0.5 0.5% |
% margin | 85.8 63.3% | 44.0 43.9% | 45.7 43.2% | 84.8 96.2% | 48.1 58.0% | 21.7 32.2% | 38.6 40.2% | 32.7 34.5% | (53.4) (143.2%) | (3.9) (10.4%) | 16.0 16.5% | (220.8) (116.5%) | (127.7) (49.5%) | (2.3) (0.5%) | 84.5 12.9% | 37.2 5.3% | (137.7) (22.6%) | 527.2 43.8% | 461.8 41.5% | 112.3 12.7% |
| EPS | 23.11 | 11.83 | 12.29 | 22.84 | 12.94 | 5.85 | 9.30 | 6.17 | (10.07) | (0.70) | 1.38 | (7.30) | (1.34) | (0.02) | 0.59 | 0.26 | (0.96) | 2.74 | 2.30 | 0.56 |
| Diluted EPS | 23.11 | 11.83 | 12.29 | 22.84 | 12.94 | 5.85 | 9.30 | 6.12 | (10.01) | (0.70) | 1.38 | (7.30) | (1.34) | (0.02) | 0.59 | 0.26 | (0.96) | 2.73 | 2.30 | 0.56 |
% margin | 110.9 81.8% | 66.4 66.3% | 69.7 65.9% | 108.2 122.8% | 65.0 78.4% | 37.9 56.3% | 62.1 64.7% | 60.4 63.9% | 20.8 55.6% | 17.9 47.7% | 18.6 19.3% | (139.2) (73.4%) | (18.5) (7.2%) | 131.0 28.5% | 252.0 38.4% | 190.8 27.0% | 21.2 3.5% | 691.2 57.4% | 530.7 47.7% | 352.0 39.7% |
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FAQ
1) What is Golden Ocean Group Limited's Net Income margin?
As of today, Microsoft Corp's last 12-month Net Income margin is 23.9%, based on the financial report for Sep 30, 2024 (Q3’2024). The average annual Net Income margin for Golden Ocean Group Limited have been 29.6% over the past three years, and 18.9% over the past five years.
2) Is Golden Ocean Group Limited's Net Income margin Good?
As of today, Golden Ocean Group Limited's Net Income margin is 23.9%, which is higher than industry median of 19.4%. It indicates that Golden Ocean Group Limited's Net Income margin is Good.