Golden Ocean Group Limited's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics

What is ROE for Golden Ocean Group Limited in the fourth quarter 2024?
Golden Ocean Group Limited achieved a return on average equity (ROE) of 11.7 % in its fourth quarter 2024, this is above GOGL's average return on equity of 1.44%.
Golden Ocean Group Limited shareholder's equity over the 12 months ending in its fourth quarter 2024 are valued at $1,908 million

ROE has advanced compared to 5.87% in the third quarter 2024, due to net income growth.

Within the Cruise and Shipping industry 10 other companies had a higher return on equity. While return on equity, the total ranking has deteriorated compared to the third quarter 2024 from 0 to 1244.

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Return On Equity	(Dec 31 2024) IV. Quarter	0 III. Quarter	0 II. Quarter	0 I. Quarter	(Dec 31 2023) IV. Quarter
Y / Y Equity Change	-1.14 %	-1.14 %	2.91 %	-1.14 %	-
Y / Y Net Income Change	98.82 %	-	-	-	-75.69 %
Net Income (TTM) in Millions	223	112	112	112	112
Return On Equity (TTM)	11.7 %	5.87 %	5.85 %	5.89 %	5.88 %
GOGL's Total Ranking	# 1244	# 0	# 0	# 0	# 1903
Equity (TTM) in Millions	1,900	1,900	1,930	1,900	1,922
Seq. Equity Change	0 %	-1.58 %	1.6 %	-1.14 %	0 %
Seq. Net Income Change	-	-	-	-	-

Back to GOGL Management Effectiveness >> GOGL's 5 Years Annual ROE >> Compare GOGL ROE to its Competitors

Return On Equity Company Ranking
Within:	No.
Industry	# 11
Sector	# 187
Overall	# 1244

Return On Equity Statistics
High	Average	Low
27.33 %	1.44 %	-19.24 %
(Dec 31 2021)		(Dec 31 2012)

GOGL Annual Return On Equity	(Dec 31 2024) 2024	(Dec 31 2023) 2023	(Dec 31 2022) 2022	(Dec 31 2021) 2021	(Dec 31 2020) 2020
Total Equity in Millions	1,900	1,922	1,917	1,929	1,369
Y / Y Equity Change	-1.14 %	0.25 %	-0.61 %	40.91 %	-9.56 %
Net Income in Millions	223	112	462	527	-138
Y / Y Net Income Change	98.82 %	-75.69 %	-12.4 %	-	-
Return On Equity	11.75 %	5.84 %	24.09 %	27.33 %	-10.06 %

Back to GOGL Management Effectiveness >> GOGL's 5 Years Annual ROE >> Compare GOGL ROE to its Competitors

Annual Roe Comment

In 2024 ROE improved to 11.75 % compared to the previous year, due to net income growth.

More Return On Equity Ratios
Cruise and Shipping Industry Roe Trends and Statistics
Services Sector Return On Equity Statistics
GOGL's' Return on Equity at Yahoo Finance
GOGL's Roe Ratio versus Cruise and Shipping Industry, Services Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Subscribers only: Roe for GOGL's Competitors
Subscribers only: Roe for Golden Ocean Group Limited's Suppliers
Subscribers only: Return On Equity for GOGL's Customers

Companies with similar Return On Equity at Dec 31 2024, within Services Sector	ROE
Laureate Education Inc	32.05 %
Kforce Inc	30.88 %
Brightstar Lottery Plc	30.75 %
United Rentals Inc	30.65 %
Service Corporation International	30.62 %
Nexstar Media Group Inc	30.11 %
Shift4 Payments Inc	30.05 %
Grand Canyon Education inc	29.51 %
Daily Journal Corporation	29.44 %
Arcos Dorados Holdings Inc	29.40 %
Restaurant Brands International Limited Partnership	29.39 %
Restaurant Brands International Inc	29.39 %
Vail Resorts Inc	28.47 %
Hackett Group Inc	28.07 %
Pldt Inc	27.89 %
Mgm Resorts International	27.75 %
Exponent Inc	27.27 %
Capital Properties Inc	26.19 %
Accenture Plc	26.16 %
Barrett Business Services Inc	25.68 %
Xpo Inc	25.49 %
H World Group Ltd	25.48 %
Luckin Coffee Inc	25.41 %
Gambling com Group Limited	24.90 %
Dlocal Limited	24.64 %
Dave and Buster s Entertainment Inc	24.57 %
Carnival Corporation	24.45 %
Butler National Corp	24.40 %
Gogo Inc	23.25 %
Stride Inc	23.11 %

Date modified: 2026-09-18T13:11:06+00:00

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