Golden Ocean Group Ltd (GOGL) Operating Margin % [USD] 2010 - 2023

Historical data

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Golden Ocean Group Ltd annual Operating Margin history and growth rate from 2010 to 2023.
  • Golden Ocean Group Ltd annual Operating Margin for 2023 was 21.3 %, a 45.5% decline from 2022.
  • Golden Ocean Group Ltd annual Operating Margin for 2022 was 39.1 %, a 8.46% decline from 2021.
  • Golden Ocean Group Ltd annual Operating Margin for 2021 was 42.7 %.
Operating Margin, Annual (% [USD])
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 21.3 -17.8 -45.5% Jan 1, 2023 Dec 31, 2023
2022 39.1 -3.61 -8.46% Jan 1, 2022 Dec 31, 2022
2021 42.7 +52.8 Jan 1, 2021 Dec 31, 2021
2020 -10.1 -24.4 -171% Jan 1, 2020 Dec 31, 2020
2019 14.3 -7.84 -35.5% Jan 1, 2019 Dec 31, 2019
2018 22.1 +11.2 +103% Jan 1, 2018 Dec 31, 2018
2017 10.9 +38.2 Jan 1, 2017 Dec 31, 2017
2016 -27.4 +96.1 +77.8% Jan 1, 2016 Dec 31, 2016
2015 -123 -144 -713% Jan 1, 2015 Dec 31, 2015
2014 20.2 +1.97 +10.8% Jan 1, 2014 Dec 31, 2014
2013 18.2 -8.65 -32.3% Jan 1, 2013 Dec 31, 2013
2012 26.8 -29.1 -52% Jan 1, 2012 Dec 31, 2012
2011 55.9 -1.77 -3.07% Jan 1, 2011 Dec 31, 2011
2010 57.7 Jan 1, 2010 Dec 31, 2010
* An asterisk sign (*) next to the value indicates that the value is likely invalid.