Golden Ocean Group Ltd (GOGL)
13.38
+0.29
(+2.22%)
USD |
NASDAQ |
Apr 23, 16:00
13.56
+0.18
(+1.35%)
After-Hours: 05:18
Golden Ocean Group Gross Profit Margin (Quarterly): 35.50% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 35.50% |
| September 30, 2023 | 21.88% |
| June 30, 2023 | 22.85% |
| March 31, 2023 | 11.39% |
| December 31, 2022 | 30.99% |
| September 30, 2022 | 29.99% |
| June 30, 2022 | 47.92% |
| March 31, 2022 | 40.73% |
| December 31, 2021 | 55.17% |
| September 30, 2021 | 48.75% |
| June 30, 2021 | 35.93% |
| March 31, 2021 | 18.66% |
| December 31, 2020 | 19.83% |
| September 30, 2020 | 27.01% |
| June 30, 2020 | -13.06% |
| March 31, 2020 | -17.72% |
| December 31, 2019 | 22.24% |
| September 30, 2019 | 25.59% |
| June 30, 2019 | -4.87% |
| March 31, 2019 | 8.76% |
| December 31, 2018 | 25.63% |
| September 30, 2018 | 28.35% |
| June 30, 2018 | 18.97% |
| March 31, 2018 | 21.39% |
| December 31, 2017 | 29.61% |
| Date | Value |
|---|---|
| September 30, 2017 | 10.01% |
| June 30, 2017 | 7.27% |
| March 31, 2017 | -5.67% |
| December 31, 2016 | 5.16% |
| September 30, 2016 | -19.60% |
| June 30, 2016 | -34.96% |
| March 31, 2016 | -61.67% |
| December 31, 2015 | -27.02% |
| September 30, 2015 | -15.86% |
| June 30, 2015 | -32.99% |
| March 31, 2015 | -67.46% |
| December 31, 2014 | 21.56% |
| September 30, 2014 | -21.17% |
| June 30, 2014 | 38.31% |
| March 31, 2014 | 63.75% |
| December 31, 2013 | 42.37% |
| September 30, 2013 | 29.19% |
| June 30, 2013 | 20.00% |
| March 31, 2013 | 25.03% |
| December 31, 2012 | 40.67% |
| September 30, 2012 | 32.83% |
| June 30, 2012 | -34.21% |
| March 31, 2012 | 61.86% |
| December 31, 2011 | 88.91% |
| September 30, 2011 | 66.18% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-17.72%
Minimum
Mar 2020
55.17%
Maximum
Dec 2021
24.15%
Average
25.59%
Median
Sep 2019
Gross Profit Margin (Quarterly) Benchmarks
| Nordic American Tankers Ltd | 32.85% |
| SFL Corp Ltd | 36.65% |
| Textainer Group Holdings Ltd (DELISTED) | 33.07% |
| Ardmore Shipping Corp | 56.48% |
| Hafnia Ltd | 57.99% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 5.93% |
| Return on Assets | 3.29% |
| Return on Invested Capital | 3.52% |
| Profit Margin (Quarterly) | 22.61% |
| Operating Margin (Quarterly) | 33.57% |
| Return on Net Operating Assets | 3.60% |