Golden Ocean Group Limited

NasdaqGS:GOGL Rapport sur les actions

Capitalisation boursière : 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 Résultats passés

Passé contrôle des critères 1/6

Golden Ocean Group a connu une croissance annuelle moyenne de ses bénéfices de 16.2%, tandis que le secteur Shipping a vu ses bénéfices augmenter de en baisse à 7.7% par an. Les revenus ont augmenté de en hausse à un taux moyen de 5.1% par an. Le rendement des capitaux propres de Golden Ocean Group est 6.2% et ses marges nettes sont de 13.2%.

Informations clés

16.20%

Taux de croissance des bénéfices

17.31%

Taux de croissance du BPA

Shipping Croissance de l'industrie51.92%
Taux de croissance des recettes5.06%
Rendement des fonds propres6.23%
Marge nette13.16%
Prochaine mise à jour des résultats29 Aug 2025

Mises à jour récentes des performances passées

Article d’analyse 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
Article d’analyse 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
Article d’analyse 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...
Article d’analyse 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...
Article d’analyse 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
Article d’analyse 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...
Article d’analyse 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
Article d’analyse 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
Article d’analyse 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
Article d’analyse 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
Nouveau récit 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
Article d’analyse 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...
Article d’analyse 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...
Article d’analyse 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...
Article d’analyse 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
Article d’analyse 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
Article d’analyse 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...
Article d’analyse 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...
Article d’analyse 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...
Article d’analyse 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...
Article d’analyse 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...
Article d’analyse 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...
Article d’analyse 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...
Article d’analyse 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...
Article d’analyse 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...
Article d’analyse 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...

Ventilation des recettes et des dépenses

Comment Golden Ocean Group gagne et dépense de l'argent. Sur la base des derniers bénéfices déclarés, sur une base LTM.


Historique des gains et des recettes

NasdaqGS:GOGL Recettes, dépenses et bénéfices (USD Millions )
DateRecettesLes revenusDépenses G+ADépenses de R&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

Des revenus de qualité: GOGL a un important ponctuel gain de $20.3M impactant ses 12 derniers mois de résultats financiers à 31st March, 2025.

Augmentation de la marge bénéficiaire: Les marges bénéficiaires nettes actuelles de GOGL sont inférieures à celles de l'année dernière GOGL. (13.2%) sont inférieures à celles de l'année dernière (19.9%).


Analyse des flux de trésorerie disponibles par rapport aux bénéfices


Analyse de la croissance passée des bénéfices

Tendance des revenus: GOGL est devenue rentable au cours des 5 dernières années, augmentant ses bénéfices de 16.2% par an.

Accélération de la croissance: GOGL a connu une croissance négative de ses bénéfices au cours de l'année écoulée, elle ne peut donc pas être comparée à sa moyenne sur 5 ans.

Bénéfices par rapport au secteur d'activité: GOGL a enregistré une croissance négative de ses bénéfices ( -39% ) au cours de l'année écoulée, ce qui rend difficile la comparaison avec la moyenne du secteur Shipping ( -14.9% ).


Rendement des fonds propres

ROE élevé: Le retour sur capitaux propres de GOGL ( 6.2% ) est considéré comme faible.


Rendement des actifs


Rendement des capitaux employés


Découvrir des entreprises performantes dans le passé

Analyse de l'entreprise et données financières

DonnéesDernière mise à jour (heure UTC)
Analyse de l'entreprise2025/08/19 18:54
Cours de l'action en fin de journée2025/08/19 00:00
Les revenus2025/03/31
Revenus annuels2024/12/31

Sources de données

Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.

PaquetDonnéesCadre temporelExemple de source américaine *
Finances de l'entreprise10 ans
  • Compte de résultat
  • Tableau des flux de trésorerie
  • Bilan
Estimations consensuelles des analystes+3 ans
  • Prévisions financières
  • Objectifs de prix des analystes
Prix du marché30 ans
  • Cours des actions
  • Dividendes, scissions et actions
Propriété10 ans
  • Actionnaires principaux
  • Délits d'initiés
Gestion10 ans
  • L'équipe dirigeante
  • Conseil d'administration
Principaux développements10 ans
  • Annonces de l'entreprise

* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.

Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.

Modèle d'analyse et flocon de neige

Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github; nous proposons également des guides expliquant comment utiliser nos rapports et des tutoriels sur Youtube.

Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.

Indicateurs de l'industrie et du secteur

Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.

Sources des analystes

Golden Ocean Group Limited est couverte par 10 analystes. 5 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.

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