Golden Ocean Group Ltd
NASDAQ:GOGL

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Golden Ocean Group Ltd
NASDAQ:GOGL
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Price: 11.95 USD 2.14% Market Closed
Market Cap: 2.4B USD
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Gross Margin
Golden Ocean Group Ltd

50.4%
Current
53%
Average
26.4%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
50.4%
=
Gross Profit
490.6m
/
Revenue
972.7m

Gross Margin Across Competitors

Country BM
Market Cap 2.4B USD
Gross Margin
50%
Country DE
Market Cap 29.2B EUR
Gross Margin
26%
Country CH
Market Cap 25.2B CHF
Gross Margin
37%
Country DK
Market Cap 185.5B DKK
Gross Margin
0%
Country CN
Market Cap 183.5B CNY
Gross Margin
17%
Country TW
Market Cap 470B TWD
Gross Margin
23%
Country JP
Market Cap 2.2T JPY
Gross Margin
18%
Country JP
Market Cap 1.9T JPY
Gross Margin
16%
Country JP
Market Cap 1.4T JPY
Gross Margin
17%
Country HK
Market Cap 69.5B HKD
Gross Margin
14%
Country KR
Market Cap 12.4T KRW
Gross Margin
17%

Profitability Report

View the profitability report to see the full profitability analysis for Golden Ocean Group Ltd.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
50.4%
=
Gross Profit
490.6m
/
Revenue
972.7m
What is the Gross Margin of Golden Ocean Group Ltd?

Based on Golden Ocean Group Ltd's most recent financial statements, the company has Gross Margin of 50.4%.