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Golden Ocean Group Limited (GOGL) Gross margin

annual gross margin:

32.76%+9.06%(+38.23%)
December 31, 2024

Summary

  • As of today (August 18, 2025), GOGL annual gross profit margin is 32.76%, with the most recent change of +9.06% (+38.23%) on December 31, 2024.
  • During the last 3 years, GOGL annual gross margin has fallen by -11.14% (-25.38%).
  • GOGL annual gross margin is now -67.01% below its all-time high of 99.29%, reached on December 31, 1997.

Performance

1-year change

+38.23%

3-year change

-25.38%

5-year change

+99.39%

15-year change

+150.65%

GOGL Gross margin Chart

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Highlights

Sector rank

65.34%
GOGL annual gross profit margin is higher than 65.34% of companies in Industrials sector

Range

All-time high

99.29%
GOGL annual gross profit margin is currently -67.01% below its historical high of 99.29%

3-year low

23.70%
GOGL annual gross profit margin is currently +38.23% above its 3-year low

Earnings dates

Last annual earnings report date

Dec 31, 2024
GOGL previous annual earnings announcement was published on Dec 31, 2024

Next annual earnings report date

N/A
GOGL next annual earnings announcement has not yet been scheduled

OtherGOGLprofitability metrics

Annual revenue

$968.42M
GOGL annual revenue is $968.42 million

Annual gross profit

$317.22M
GOGL annual gross profit is $317.22 million

annual operating margin

30.25%
GOGL annual operating profit margin is 30.25%

annual net margin

23.05%
GOGL annual net profit margin is 23.05%

quarterly gross margin:

-9.86%-28.61%(-152.59%)
March 1, 2025

Summary

  • As of today (August 18, 2025), GOGL quarterly gross profit margin is -9.86%, with the most recent change of -28.61% (-152.59%) on March 1, 2025.
  • Over the past year, GOGL quarterly gross margin has dropped by -47.03% (-126.53%).
  • GOGL quarterly gross margin is now -109.96% below its all-time high of 99.02%, reached on September 30, 1999.

Performance

3-month change

-152.59%

1-year change

-126.53%

3-year change

-124.21%

5-year change

+44.36%

GOGL quarterly gross margin Chart

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Highlights

Sector rank

4.87%
GOGL quarterly gross profit margin is higher than 4.87% of companies in Industrials sector

Range

All-time high

99.02%
GOGL quarterly gross profit margin is currently -109.96% below its historical high of 99.02%

3-year low

-9.86%
GOGL quarterly gross profit margin is currently at its 3-year low

Earnings dates

Last quarterly earnings report date

Mar 1, 2025
GOGL previous earnings announcement was published on Mar 1, 2025

Next quarterly earnings report date

Aug 27, 2025
GOGL next earnings announcement is scheduled for Aug 27, 2025

OtherGOGLprofitability metrics

Quarterly revenue

$141.93M
GOGL quarterly revenue is $141.93 million

quarterly gross profit

-$13.99M
GOGL quarterly gross profit is -$13.99 million

quarterly operating margin

-13.63%
GOGL quarterly operating profit margin is -13.63%

Quarterly net margin

-31.10%
GOGL quarterly net profit margin is -31.10%

Gross margin Formula

Gross Margin =  Gross Profit
Revenue ✕ 100%

annual gross margin

32.76%
GOGL annual gross profit margin is 32.76%

Annual gross profit

$317.22M
GOGL annual gross profit is $317.22 million

Annual revenue

$968.42M
GOGL annual revenue is $968.42 million

GOGL Gross margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year+38.2%-126.5%
3 y3 years-25.4%-124.2%
5 y5 years+99.4%+44.4%

GOGL Gross margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-year-25.4%+38.2%-120.6%at low
5 y5-year-25.4%+351.9%-117.9%+24.5%
alltimeall time-67.0%+214.7%-110.0%+85.4%

GOGL Gross margin History

DateAnnualQuarterly
Mar 2025
-
-9.86%(-152.6%)
Dec 2024
32.76%(+38.2%)
18.75%(-48.5%)
Sep 2024
-
36.43%(+0.1%)
Jun 2024
-
36.39%(-2.1%)
Mar 2024
-
37.17%(+4.7%)
Dec 2023
23.70%(-37.4%)
35.50%(+62.2%)
Sep 2023
-
21.88%(-4.2%)
Jun 2023
-
22.85%(+100.6%)
Mar 2023
-
11.39%(-63.2%)
Dec 2022
37.87%(-13.7%)
30.99%(+3.3%)
Sep 2022
-
29.99%(-37.4%)
Jun 2022
-
47.92%(+17.7%)
Mar 2022
-
40.73%(-26.2%)
Dec 2021
43.90%(+505.5%)
55.17%(+13.2%)
Sep 2021
-
48.75%(+35.7%)
Jun 2021
-
35.93%(+92.6%)
Mar 2021
-
18.66%(-5.9%)
Dec 2020
7.25%(-55.9%)
19.83%(-26.6%)
Sep 2020
-
27.01%(-306.8%)
Jun 2020
-
-13.06%(-26.3%)
Mar 2020
-
-17.72%(-179.7%)
Dec 2019
16.43%(-31.6%)
22.24%(-13.1%)
Sep 2019
-
25.59%(-625.5%)
Jun 2019
-
-4.87%(-155.6%)
Mar 2019
-
8.76%(-65.8%)
Dec 2018
24.01%(+83.7%)
25.63%(-9.6%)
Sep 2018
-
28.35%(+49.4%)
Jun 2018
-
18.97%(-11.3%)
Mar 2018
-
21.39%(-27.8%)
Dec 2017
13.07%(-160.0%)
29.61%(+195.8%)
Sep 2017
-
10.01%(+37.7%)
Jun 2017
-
7.27%(-228.2%)
Mar 2017
-
-5.67%(-222.2%)
Dec 2016
-21.80%(-23.7%)
4.64%(-123.7%)
Sep 2016
-
-19.60%(-39.5%)
Jun 2016
-
-32.37%(-47.5%)
Mar 2016
-
-61.67%(+92.8%)
Dec 2015
-28.56%(-212.6%)
-31.99%(+101.7%)
Sep 2015
-
-15.86%(-51.9%)
Jun 2015
-
-32.99%(-51.1%)
Mar 2015
-
-67.46%(-412.9%)
Dec 2014
25.36%(-19.0%)
21.56%(-201.8%)
Sep 2014
-
-21.17%(-155.3%)
Jun 2014
-
38.31%(-39.9%)
Mar 2014
-
63.75%(+50.5%)
Dec 2013
31.32%(-18.1%)
42.37%(+45.2%)
Sep 2013
-
29.19%(+46.0%)
Jun 2013
-
20.00%(-20.1%)
Mar 2013
-
25.03%(-38.5%)
Dec 2012
38.23%(-13.4%)
40.71%(-2374.3%)
Sep 2012
-
-1.79%(-69.1%)
Jun 2012
-
-5.80%(-109.4%)
Mar 2012
-
61.86%(+41.4%)
DateAnnualQuarterly
Dec 2011
44.16%(-8.3%)
43.76%(-0.7%)
Sep 2011
-
44.08%(+7.7%)
Jun 2011
-
40.91%(-14.8%)
Mar 2011
-
47.99%(+25.3%)
Dec 2010
48.16%(+26.8%)
38.31%(-18.3%)
Sep 2010
-
46.87%(-18.8%)
Jun 2010
-
57.70%(+20.6%)
Mar 2010
-
47.85%(+5.9%)
Dec 2009
37.99%(-37.8%)
45.18%(+61.8%)
Sep 2009
-
27.93%(+1.7%)
Jun 2009
-
27.45%(-40.3%)
Mar 2009
-
46.00%(-13.8%)
Dec 2008
61.09%(+26.0%)
53.39%(-10.5%)
Sep 2008
-
59.67%(-10.6%)
Jun 2008
-
66.78%(+7.4%)
Mar 2008
-
62.19%(+57.7%)
Dec 2007
48.47%(-2.9%)
39.44%(-15.1%)
Sep 2007
-
46.45%(-26.1%)
Jun 2007
-
62.86%(+32.1%)
Mar 2007
-
47.59%(-955.9%)
Dec 2006
49.90%(+1.2%)
-5.56%(-108.5%)
Sep 2006
-
65.45%(+7.5%)
Jun 2006
-
60.86%(-16.7%)
Mar 2006
-
73.04%(>+9900.0%)
Dec 2005
49.30%(-29.1%)
0.00%(-100.0%)
Sep 2005
-
54.50%(-10.7%)
Jun 2005
-
61.06%(-16.0%)
Mar 2005
-
72.71%(-0.2%)
Dec 2004
69.54%(-9.2%)
72.82%(+18.7%)
Sep 2004
-
61.34%(+10.4%)
Jun 2004
-
55.55%(-34.3%)
Mar 2004
-
84.52%(+4.9%)
Dec 2003
76.62%(+36.0%)
80.56%(+42.1%)
Sep 2003
-
56.68%(-26.7%)
Jun 2003
-
77.35%(-4.4%)
Mar 2003
-
80.92%(+42.8%)
Dec 2002
56.32%(-21.1%)
56.68%(0.0%)
Sep 2002
-
56.68%(+0.9%)
Jun 2002
-
56.20%(+0.9%)
Mar 2002
-
55.71%(-4.2%)
Dec 2001
71.41%(-7.2%)
58.17%(+2.6%)
Sep 2001
-
56.68%(-19.3%)
Jun 2001
-
70.21%(>+9900.0%)
Mar 2001
-
0.00%(-100.0%)
Dec 2000
76.95%(-22.3%)
85.87%(+6.9%)
Sep 2000
-
80.32%(+22.3%)
Jun 2000
-
65.70%(+16.9%)
Mar 2000
-
56.20%(-43.2%)
Dec 1999
99.01%(-0.1%)
99.02%(0.0%)
Sep 1999
-
99.02%(+0.0%)
Jun 1999
-
99.01%(+0.0%)
Mar 1999
-
98.99%
Dec 1998
99.11%(-0.2%)
-
Dec 1997
99.29%
-

FAQ

  • What is Golden Ocean Group Limited annual gross profit margin?
  • What is the all time high annual gross margin for Golden Ocean Group Limited?
  • What is Golden Ocean Group Limited annual gross margin year-on-year change?
  • What is Golden Ocean Group Limited quarterly gross profit margin?
  • What is the all time high quarterly gross margin for Golden Ocean Group Limited?
  • What is Golden Ocean Group Limited quarterly gross margin year-on-year change?

What is Golden Ocean Group Limited annual gross profit margin?

The current annual gross margin of GOGL is 32.76%

What is the all time high annual gross margin for Golden Ocean Group Limited?

Golden Ocean Group Limited all-time high annual gross profit margin is 99.29%

What is Golden Ocean Group Limited annual gross margin year-on-year change?

Over the past year, GOGL annual gross profit margin has changed by +9.06% (+38.23%)

What is Golden Ocean Group Limited quarterly gross profit margin?

The current quarterly gross margin of GOGL is -9.86%

What is the all time high quarterly gross margin for Golden Ocean Group Limited?

Golden Ocean Group Limited all-time high quarterly gross profit margin is 99.02%

What is Golden Ocean Group Limited quarterly gross margin year-on-year change?

Over the past year, GOGL quarterly gross profit margin has changed by -47.03% (-126.53%)
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