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Golden Ocean Group Ltd GOGL

CBOE · stock · Water Transportation · website · IPO 1997-02-07

Golden Ocean Group Ltd statistics & valuation

Market cap$1.6B
P / E7.1×
P / S1.6×
P / B0.8×
P / FCF4.4×
Dividend yield15.08%
Net margin23.0%
Return on equity11.7%
FCF margin37.4%
Net debt$1.2B
Net debt / EBITDA2.6×
Enterprise value USD$2.8B
EV / EBITDA6.1×
Earnings yield EBIT/EV11.4%
Return on capital10%
Graham number$15.47

Market cap as of 2026-07-02. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($15.47); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-49.70% -0.50% 12.90% 5.30% -22.60% 43.80% 41.50% 12.70% 23.00% 2015201620172018201920202021202220232024
Gross margin (%)
2015201620172018201920202021202220232024
Operating margin (%)
-123.50% -27.40% 10.90% 22.10% 14.30% -10.10% 42.70% 39.10% 21.30% 32.50% 2015201620172018201920202021202220232024
Return on equity (%)
-10.30% -0.20% 5.50% 2.50% -10.10% 27.30% 24.10% 5.80% 11.70% 2015201620172018201920202021202220232024
Shares outstanding
172.7M 106.0M 142.2M 144.4M 143.6M 143.3M 200.4M 201.2M 200.5M 200.0M 2015201620172018201920202021202220232024
Net debt ($)
$825.9M $845.5M $935.4M $987.0M $960.8M $892.4M $1.07B $986.1M $1.25B $1.17B 2015201620172018201920202021202220232024
Share buybacks ($)
2015201620172018201920202021202220232024
Return on assets (%)
-5.40% -0.10% 2.90% 1.30% -5.10% 15.30% 14.20% 3.20% 6.60% 2015201620172018201920202021202220232024
Free cash flow margin (%)
-7.80% -9.00% 18.80% 26.90% 16.20% 19.00% 22.30% 44.80% -3.80% 37.40% 2015201620172018201920202021202220232024
Debt / equity (×)
0.80× 0.85× 0.83× 0.89× 0.74× 0.76× 0.65× 0.58× 0.71× 0.69× 2015201620172018201920202021202220232024
EPS ($)
$0.26 -$0.96 $2.73 $2.29 $0.56 $1.12 2015201620172018201920202021202220232024

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015
Operating margin32.5%21.3%39.1%42.7%-10.1%14.3%22.1%10.9%-27.4%-123.5%
Net margin23.0%12.7%41.5%43.8%-22.6%5.3%12.9%-0.5%-49.7%—
FCF margin37.4%-3.8%44.8%22.3%19.0%16.2%26.9%18.8%-9.0%-7.8%
Return on assets6.6%3.2%14.2%15.3%-5.1%1.3%2.9%-0.1%-5.4%—
Return on equity11.7%5.8%24.1%27.3%-10.1%2.5%5.5%-0.2%-10.3%—
Debt / equity0.69×0.71×0.58×0.65×0.76×0.74×0.89×0.83×0.85×0.80×
Current ratio1.221.231.411.491.181.420.852.456.882.54

Computed from company filings · US · as of 2024-12-31. Facts plus Stocktoria's own computed scores — not investment advice.