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GOGL (Golden Ocean Group) Pre-Tax Income : $242 Mil (TTM As of Sep. 2024)


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What is Golden Ocean Group Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Golden Ocean Group's pretax income for the three months ended in Sep. 2024 was $56 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2024 was $242 Mil. Golden Ocean Group's pretax margin was 21.63%.

During the past 13 years, Golden Ocean Group's highest Pretax Margin was 43.85%. The lowest was -115.99%. And the median was 9.02%.


Golden Ocean Group Pre-Tax Income Historical Data

The historical data trend for Golden Ocean Group's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Golden Ocean Group Pre-Tax Income Chart

Golden Ocean Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.43 -137.54 527.61 462.23 112.81

Golden Ocean Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.76 57.92 65.44 62.54 56.38

Competitive Comparison of Golden Ocean Group's Pre-Tax Income

For the Marine Shipping subindustry, Golden Ocean Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Golden Ocean Group's Pre-Tax Income Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Golden Ocean Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Golden Ocean Group's Pre-Tax Income falls into.



Golden Ocean Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Golden Ocean Group's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=191.204+21.382+-97.822+4.717+-6.672
=113

Golden Ocean Group's Pretax Income for the quarter that ended in Sep. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=89.656+-7.568+-26.963+1.466+-0.21200000000001
=56

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $242 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Golden Ocean Group  (NAS:GOGL) Pre-Tax Income Explanation

Golden Ocean Group's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=56.379/260.621
=21.63%

During the past 13 years, Golden Ocean Group's highest Pretax Margin was 43.85%. The lowest was -115.99%. And the median was 9.02%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Golden Ocean Group Pre-Tax Income Related Terms

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Golden Ocean Group Business Description

Address
14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM 08
Golden Ocean Group Ltd is a Bermuda-based dry bulk shipping company. Its business involves the transportation of dry bulk cargo including ores, coal, grains and fertilizers through its fleet of owned and chartered vessels, bareboat vessels, commercial management vessels and new buildings are chartered-out on fixed rate time charters and index-linked time charter contracts.

Golden Ocean Group Headlines

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