Golden Ocean Group Limited

Informe acción NasdaqGS:GOGL

Capitalización de mercado: US$1.6b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Golden Ocean Group Resultados de beneficios anteriores

Pasado controles de criterios 1/6

Golden Ocean Group ha aumentado sus beneficios a una tasa media anual de 16.2%, mientras que los beneficios de la industria de Shipping han experimentado un descenso de 6.4% anual. Los ingresos han ido creciendo a una tasa media de 5.1% al año. La rentabilidad financiera de Golden Ocean Group es de 6.2%, y sus márgenes netos son de 13.2%.

Información clave

16.20%

Tasa de crecimiento de los beneficios

17.31%

Tasa de crecimiento del BPA

Crecimiento de la industria Shipping 51.92%
Tasa de crecimiento de los ingresos5.06%
Rentabilidad financiera6.23%
Margen neto13.16%
Próxima actualización de resultados29 Aug 2025

Actualizaciones de resultados anteriores recientes

Artículo de análisis Mar 27

Golden Ocean Group's (NASDAQ:GOGL) Earnings Are Of Questionable Quality

Despite posting some strong earnings, the market for Golden Ocean Group Limited's ( NASDAQ:GOGL ) stock hasn't moved...

Recent updates

Seeking Alpha Jul 16

Golden Ocean: Strategic Merger, Strong Dividends, And Attractive Valuation

Summary Golden Ocean’s merger with CMB.TECH blends a modern dry bulk fleet with cutting-edge green propulsion, creating a global maritime leader aligned with long-term decarbonization goals. It trades at attractive valuation levels, with a P/E FWD of 12.2x and P/B under 1x—well below industry averages—offering a compelling entry point. The company maintains strong profitability, with a 38% EBITDA margin and 9.5% dividend yield, supported by disciplined capital allocation and solid free cash flow. An implied 8–9% upside exists through the merger exchange ratio, creating a short-term arbitrage opportunity ahead of expected completion in Q3 2025. Read the full article on Seeking Alpha
Artículo de análisis Apr 18

What Is Golden Ocean Group Limited's (NASDAQ:GOGL) Share Price Doing?

Golden Ocean Group Limited ( NASDAQ:GOGL ), is not the largest company out there, but it saw a decent share price...
Seeking Alpha Apr 16

Golden Ocean: Strong Buy Today

Summary Golden Ocean's share price has dropped significantly, making it an attractive entry point, especially with potential takeover interest from Cmb.Tech. Golden Ocean is a well-managed, shareholder-friendly company with a healthy dividend yield a strong balance sheet, trading at a low P/E ratio. Cmb.Tech's recent and substantial investments in Golden Ocean suggest a likely buy-out, offering significant upside potential from the current share price. Despite risks associated with the volatile dry-bulk market, Golden Ocean's current valuation and takeover prospects make it a strong buy. Read the full article on Seeking Alpha
Artículo de análisis Mar 27

Golden Ocean Group's (NASDAQ:GOGL) Earnings Are Of Questionable Quality

Despite posting some strong earnings, the market for Golden Ocean Group Limited's ( NASDAQ:GOGL ) stock hasn't moved...
Artículo de análisis Mar 20

We Think Golden Ocean Group (NASDAQ:GOGL) Can Stay On Top Of Its Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Artículo de análisis Jan 30

Golden Ocean Group Limited's (NASDAQ:GOGL) Price Is Right But Growth Is Lacking

With a price-to-earnings (or "P/E") ratio of 7.6x Golden Ocean Group Limited ( NASDAQ:GOGL ) may be sending very...
Seeking Alpha Jan 22

Golden Ocean: A Top-Tier Dry Bulk Operator Focused On The Capesize Market

Summary Golden Ocean owns 91 dry bulk vessels with a combined capacity of 13.8 million deadweight tons, one of the industry's largest fleets and second only to Star Bulk. With an average age of 7.7 years, Golden Ocean has one of the youngest fleets in the industry, only behind Himalaya Shipping and its fleet of brand-new Newcastlemax carriers. Given Golden Ocean's size, general and administrative expenses represented only 6.1% of TCE revenues in the first nine months of 2024, which is among the lowest among industry peers. The Capesize order book is at one of the lowest levels in decades, while ton-mile demand continues to be supported by strong exports from Guinea and Brazil. Read the full article on Seeking Alpha
Artículo de análisis Jan 03

Is There Now An Opportunity In Golden Ocean Group Limited (NASDAQ:GOGL)?

While Golden Ocean Group Limited ( NASDAQ:GOGL ) might not have the largest market cap around , it saw significant...
Artículo de análisis Dec 16

Is Golden Ocean Group (NASDAQ:GOGL) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Seeking Alpha Nov 29

Golden Ocean Group: The Drop In Stock Price May Offer An Opportunity

Summary Golden Ocean Group delivered a pretty good Q3 financial results, despite a sluggish freight market for the Panamax vessels. Uncertainties around imminent U.S. tariffs on import will change some trading patterns, potentially adding tons/miles. However, return to usage of the Suez Canal will reduce the tons/miles. Despite uncertainties, latest reduction in GOGL share price may offer a buying opportunity. Golden Ocean's fundamentals, such as P/E and debt/equity look attractive. Read the full article on Seeking Alpha
Artículo de análisis Nov 19

There's Been No Shortage Of Growth Recently For Golden Ocean Group's (NASDAQ:GOGL) Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Seeking Alpha Nov 02

Golden Ocean Is Picking Up A Tailwind

Summary Shipping is an essential tool to serve the growing demand for dry bulk commodities: supply chains must be maintained, amid ongoing conflicts and longer routes. Increased distances and instability risks result in higher shipping costs. Shipping companies with bigger deadweight (dwt) capacity have a competitive edge in that segment. Golden Ocean is strategically well-positioned in the business of higher dwt vessels, where competition is low: a further penetration in this segment could boost its growth and dividends. The current price doesn’t reflect its strengths. My buy-target is in the $13.6-$15.8 range. I used a DDM model to represent potential of the company to distribute interesting dividends in the future. Read the full article on Seeking Alpha
Artículo de análisis Oct 17

Golden Ocean Group Limited (NASDAQ:GOGL) Might Not Be As Mispriced As It Looks

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 19x, you may...
Seeking Alpha Oct 15

Golden Ocean Group: Top Spec Fleet And Attractive Shareholder Returns

Summary Golden Ocean net and operating results remained stable QoQ due to revenue and expense changes offsetting each other. GOGL's balance sheet is in shape. The company reported $99 million cash, $994 long-term debt, and 73% Total Debt to Equity. Market tailwinds, such as robust tonne-mile demand and constrained vessel supply, further support the investment thesis. GOGL's strong financials, attractive fleet, and appealing dividends make it a compelling investment. I change GOGL's rating to a Strong Buy. Read the full article on Seeking Alpha
Seeking Alpha Oct 04

Golden Ocean Has Found A Way To Navigate The Cyclical Bulk Carrier Business

Summary GOGL has improved returns since 2014 by focusing on efficiency, cost-effectiveness, and flexibility in fleet management and market positioning. Despite a volatile bottom line due to fluctuating charter rates and asset write-downs, GOGL has delivered record profitability in recent years. Its financial position is average. A Monte Carlo simulation shows that there is a 2.6 to 1 odds that the intrinsic value is greater than the market price. This is a good "margin of safety." Read the full article on Seeking Alpha
Artículo de análisis Sep 19

When Should You Buy Golden Ocean Group Limited (NASDAQ:GOGL)?

Golden Ocean Group Limited ( NASDAQ:GOGL ), might not be a large cap stock, but it received a lot of attention from a...
User avatar
Nueva narrativa Sep 10

Expanding Fleet And Calculated Innovations Propel Growth In Dry Bulk Shipping

Strategic fleet renewal and expansion, emphasizing larger, efficient vessels, positions Golden Ocean for revenue growth in favorable dry bulk segments.
Seeking Alpha Jul 22

Golden Ocean Group Has Potential For Long-Term Growth

Summary Golden Ocean Group investors benefit from the firm's young fleet of large ships traversing rough seas delivering essential cargo. The share price is up 33% YTD, but watch for dips. Dry bulk carriers face challenges common in maritime shipping. We characterize Golden Ocean as being in ship-owning perhaps more than cargo shipping. Analysts forecast a fair value of $12.90-$14 per share, with potential for earnings growth and a target price range of $14.80-$17. Read the full article on Seeking Alpha
Artículo de análisis Jul 12

We Think Golden Ocean Group (NASDAQ:GOGL) Is Taking Some Risk With Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Artículo de análisis Jun 22

Returns At Golden Ocean Group (NASDAQ:GOGL) Are On The Way Up

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Artículo de análisis May 21

Golden Ocean Group Limited's (NASDAQ:GOGL) Price Is Out Of Tune With Revenues

Golden Ocean Group Limited's ( NASDAQ:GOGL ) price-to-sales (or "P/S") ratio of 3.5x may look like a poor investment...
Artículo de análisis May 08

At US$14.86, Is Golden Ocean Group Limited (NASDAQ:GOGL) Worth Looking At Closely?

Golden Ocean Group Limited ( NASDAQ:GOGL ), might not be a large cap stock, but it led the NASDAQGS gainers with a...
Seeking Alpha Apr 27

Golden Ocean Group Stock: What A Strength - More To Come

Summary GOGL is the only public pure-play capesize provider on the market - in theory, this shipping niche should suffer less than others from the imminent influx of new supply. For the 11th consecutive quarter, GOGL announced a cash dividend of $0.30 per share for Q4 2023 - that was 50% more than last year for the same period. The company has succeeded in significantly reducing its debt - the process of debt reduction has been in full swing recently and has not stopped at the deterioration in profitability. GOGL stands out in the bulk carrier sector, specializing in Capesize vessels, boasting robust financials, and is currently undervalued amidst upward EPS revisions. I therefore reiterate my Buy rating on the stock. Read the full article on Seeking Alpha
Artículo de análisis Apr 11

Does Golden Ocean Group (NASDAQ:GOGL) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Seeking Alpha Mar 22

Golden Ocean Group: Excellent Fleet, Strong Financials And Attractive Yields

Summary Golden Ocean Group owns 52 Capesize (19 Newcastlemax and 33 regular Capes) vessels with an average age of 8Y and 31 Panamax with an average age of 6Y. GOGL has $116 million in cash, $1,260 million in long-term debt, and $1,460 million in total debt. The capital structure is 76.5% total debt/equity and 44.9% total liabilities/total assets. The company announced a $0.30/share cash dividend for 4Q23. The TTM dividend yield is 4.68%. With rising TCE rates, I expect dividends to grow higher. GOGL offers a balance between price vs. value, leverage, and fleet specifications. My verdict is a buy rating. Read the full article on Seeking Alpha
Seeking Alpha Mar 05

Is The Good News Priced In For Golden Ocean's Share Price?

Summary Golden Ocean Group Limited has published its last quarter and FY 2023 results, with adjusted net income and dividends showing improvement. The dividend yield on a TTM basis has not been very good, but the current share price suggests expectations for earnings and dividends to rise in 2024. The stock market participants may be too optimistic about the dry bulk market for 2024, leading to a downgrade in the bullish call from Buy to Hold. Read the full article on Seeking Alpha
Artículo de análisis Feb 22

Golden Ocean Group's (NASDAQ:GOGL) Returns Have Hit A Wall

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Artículo de análisis Feb 04

Golden Ocean Group Limited's (NASDAQ:GOGL) Price Is Out Of Tune With Revenues

When you see that almost half of the companies in the Shipping industry in the United States have price-to-sales ratios...
Artículo de análisis Jan 07

Should You Think About Buying Golden Ocean Group Limited (NASDAQ:GOGL) Now?

Golden Ocean Group Limited ( NASDAQ:GOGL ), is not the largest company out there, but it received a lot of attention...
Artículo de análisis Nov 15

Returns On Capital Are Showing Encouraging Signs At Golden Ocean Group (NASDAQ:GOGL)

What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Artículo de análisis Oct 27

Golden Ocean Group (NASDAQ:GOGL) Takes On Some Risk With Its Use Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Artículo de análisis Oct 05

At US$7.67, Is Golden Ocean Group Limited (NASDAQ:GOGL) Worth Looking At Closely?

While Golden Ocean Group Limited ( NASDAQ:GOGL ) might not be the most widely known stock at the moment, it saw a...
Artículo de análisis Jul 28

Golden Ocean Group (NASDAQ:GOGL) Might Have The Makings Of A Multi-Bagger

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Artículo de análisis Jul 13

Does Golden Ocean Group (NASDAQ:GOGL) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Artículo de análisis Jun 28

Why Golden Ocean Group Limited (NASDAQ:GOGL) Could Be Worth Watching

Golden Ocean Group Limited ( NASDAQ:GOGL ), is not the largest company out there, but it saw significant share price...
Artículo de análisis May 23

Golden Ocean Group Limited (NASDAQ:GOGL) Shares Could Be 34% Below Their Intrinsic Value Estimate

Key Insights Golden Ocean Group's estimated fair value is US$12.21 based on Dividend Discount Model Golden Ocean...

Desglose de ingresos y gastos

Cómo gana y gasta dinero Golden Ocean Group. Basado en los últimos beneficios reportados, en base a los últimos doce meses (LTM).


Historial de beneficios e ingresos

NasdaqGS:GOGL Ingresos, gastos y beneficios (USD Millions)
FechaIngresosBeneficiosGastos G+AGastos de I+D
31 Mar 25864114220
31 Dec 24968223240
30 Sep 241,012242230
30 Jun 24973214220
31 Mar 24936186220
31 Dec 23886112190
30 Sep 23881123190
30 Jun 23942199190
31 Mar 231,045328190
31 Dec 221,113462200
30 Sep 221,239597200
30 Jun 221,345688200
31 Mar 221,307629190
31 Dec 211,201527180
30 Sep 21994349170
30 Jun 21792193160
31 Mar 2162847150
31 Dec 20611-138140
30 Sep 20683-122140
30 Jun 20716-124140
31 Mar 20719-116140
31 Dec 1970537140
30 Sep 1964220140
30 Jun 1961218140
31 Mar 1963860150
31 Dec 1865985150
30 Sep 1863388140
30 Jun 1857153140
31 Mar 1852832140
31 Dec 17464-2130
30 Sep 17399-23120
30 Jun 17342-50120
31 Mar 17297-77120
31 Dec 16258-128150
30 Sep 16228-203200
30 Jun 16223-217200
31 Mar 16217-212210
31 Dec 15190-221170
30 Sep 15149-146110
30 Jun 15103-11290
31 Mar 1574-7250
31 Dec 14761650

Ingresos de calidad: GOGL tiene una única gran ganancia de $20.3M que afecta a sus resultados financieros de los últimos 12 meses de 31st March, 2025.

Margen de beneficios creciente: Los actuales márgenes de beneficio(13.2%) de GOGL son inferiores a los del año pasado (19.9%).


Análisis del flujo de caja libre vs. Beneficios


Análisis del crecimiento de los beneficios en el pasado

Tendencia de beneficios: GOGL ha pasado a ser rentable en los últimos 5 años, con un crecimiento de los beneficios de 16.2% al año.

Acelerando crecimiento: GOGL ha tenido un crecimiento negativo de los beneficios en el último año, por lo que no puede compararse con su media de 5 años.

Beneficios vs. Industria: GOGL tuvo un crecimiento negativo de los beneficios (-39%) durante el año pasado, lo que dificulta la comparación con la media de la industria Shipping (-16.3%).


Rentabilidad financiera

Alta ROE: La rentabilidad financiera de GOGL (6.2%) se considera baja.


Rentabilidad económica


Rendimiento del capital invertido


Descubre empresas con buenos resultados en el pasado

Análisis de la empresa y estado de los datos financieros

DatosÚltima actualización (huso horario UTC)
Análisis de la empresa2025/08/19 14:39
Precio de las acciones al final del día2025/08/19 00:00
Beneficios2025/03/31
Ingresos anuales2024/12/31

Fuentes de datos

Los datos utilizados en nuestro análisis de empresas proceden de S&P Global Market Intelligence LLC. Los siguientes datos se utilizan en nuestro modelo de análisis para generar este informe. Los datos están normalizados, lo que puede introducir un retraso desde que la fuente está disponible.

PaqueteDatosMarco temporalEjemplo Fuente EE.UU. *
Finanzas de la empresa10 años
  • Cuenta de resultados
  • Estado de tesorería
  • Balance
Estimaciones del consenso de analistas+3 años
  • Previsiones financieras
  • Objetivos de precios de los analistas
Precios de mercado30 años
  • Precios de las acciones
  • Dividendos, escisiones y acciones
Propiedad10 años
  • Accionistas principales
  • Información privilegiada
Gestión10 años
  • Equipo directivo
  • Consejo de Administración
Principales avances10 años
  • Anuncios de empresas

* Ejemplo para valores de EE.UU., para no EE.UU. se utilizan formularios y fuentes normativas equivalentes.

A menos que se especifique lo contrario, todos los datos financieros se basan en un periodo anual, pero se actualizan trimestralmente. Esto se conoce como datos de los últimos doce meses (TTM) o de los últimos doce meses (LTM). Más información.

Modelo de análisis y copo de nieve

Los detalles del modelo de análisis utilizado para generar este informe están disponibles en nuestra página de Github, también tenemos guías sobre cómo utilizar nuestros informes y tutoriales en Youtube.

Conozca al equipo de talla mundial que diseñó y construyó el modelo de análisis Simply Wall St.

Métricas industriales y sectoriales

Simply Wall St calcula cada 6 horas nuestras métricas sectoriales y de sección. Los detalles de nuestro proceso están disponibles en Github.

Fuentes analistas

Golden Ocean Group Limited está cubierta por 10 analistas. 5 de esos analistas presentaron las estimaciones de ingresos o ganancias utilizadas como datos para nuestro informe. Las estimaciones de los analistas se actualizan a lo largo del día.

AnalistaInstitución
null nullABG Sundal Collier
Marius FurulyCarnegie Investment Bank AB
Hans Rettedal ChristiansenDanske Bank