GOGL.OL
Price:
$123.75
Market Cap:
$2.25B
Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 23, 2022, it owned a fleet of 81 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.[Read more]
Industry
Marine Shipping
IPO Date
2004-12-15
Stock Exchange
OSL
Ticker
GOGL.OL
According to Golden Ocean Group Limited’s latest financial reports and current stock price. The company's current ROE is 11.17%. This represents a change of 301.03% compared to the average of 2.79% of the last 4 quarters.
The mean historical ROE of Golden Ocean Group Limited over the last ten years is 2.75%. The current 11.17% ROE has changed 306.31% with respect to the historical average. Over the past ten years (40 quarters), GOGL.OL's ROE was at its highest in in the December 2021 quarter at 10.57%. The ROE was at its lowest in in the March 2020 quarter at -11.96%.
Average
2.75%
Median
2.13%
Minimum
-19.06%
Maximum
27.33%
Discovering the peaks and valleys of Golden Ocean Group Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual ROE = 27.33%
Minimum Annual Increase = -3630.62%
Minimum Annual ROE = -19.06%
Year | ROE | Change |
---|---|---|
2023 | 5.84% | -75.75% |
2022 | 24.09% | -11.86% |
2021 | 27.33% | -371.77% |
2020 | -10.06% | -509.30% |
2019 | 2.46% | -55.71% |
2018 | 5.55% | -3630.62% |
2017 | -0.16% | -98.48% |
2016 | -10.31% | -45.91% |
2015 | -19.06% | -1153.72% |
2014 | 1.81% | -242.48% |
The current ROE of Golden Ocean Group Limited (GOGL.OL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
19.09%
5-year avg
9.93%
10-year avg
2.75%
Golden Ocean Group Limited’s ROE is less than Frontline Ltd. (25.55%), less than BW LPG Limited (32.69%), greater than Jinhui Shipping and Transportation Limited (-6.86%), less than FLEX LNG Ltd. (14.12%), less than Dampskibsselskabet Norden A/S (20.18%),
Company | ROE | Market cap |
---|---|---|
25.55% | $46.28B | |
32.69% | $18.42B | |
-6.86% | $642.44M | |
14.12% | $13.98B | |
20.18% | $6.64B |
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