GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » OceanPal Inc (NAS:OP) » Definitions » Pre-Tax Income

OceanPal (OceanPal) Pre-Tax Income : $-3.37 Mil (TTM As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is OceanPal Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. OceanPal's pretax income for the three months ended in Mar. 2024 was $-1.31 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $-3.37 Mil. OceanPal's pretax margin was -22.96%.

During the past 5 years, OceanPal's highest Pretax Margin was -1.71%. The lowest was -40.34%. And the median was -12.75%.


OceanPal Pre-Tax Income Historical Data

The historical data trend for OceanPal'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.

* Premium members only.

OceanPal Pre-Tax Income Chart

OceanPal Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
-1.86 -3.80 - -0.33 -1.98

OceanPal Quarterly Data
Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.09 1.26 -3.38 0.06 -1.31

Competitive Comparison of OceanPal's Pre-Tax Income

For the Marine Shipping subindustry, OceanPal'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.


OceanPal's Pre-Tax Income Distribution in the Transportation Industry

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

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



OceanPal Pre-Tax Income Calculation

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

OceanPal'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
=-7.722+6.15+-0.909+0.504+-2.2204460492503E-16
=-1.98

OceanPal's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-1.443+0.002+0+0.135+0
=-1.31

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.37 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.


OceanPal  (NAS:OP) Pre-Tax Income Explanation

OceanPal's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=-1.306/5.687
=-22.96%

During the past 5 years, OceanPal's highest Pretax Margin was -1.71%. The lowest was -40.34%. And the median was -12.75%.

* 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.


OceanPal Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of OceanPal's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


OceanPal (OceanPal) Business Description

Traded in Other Exchanges
N/A
Address
c/o Steamship Shipbroking Enterprises Inc, Pendelis 26, Palaio Faliro, Athens, GRC, 175 64
OceanPal Inc is a provider of shipping transportation services. It specializes in the ownership of vessels. Each of its vessels is owned through a separate wholly-owned subsidiary.