OceanPal (SVRN) Consolidated Net Income (2021 - 2024)

OceanPal (SVRN) posted Consolidated Net Income of $18.1 million for Q4 2024, up 19779.35% sequentially from -$92000.0 in Q3 2024, and up 1120.57% YoY from $1.5 million in Q1 2024.

OceanPal (SVRN) Consolidated Net Income (2021 - 2024) Analysis & Trends

OceanPal has reported Consolidated Net Income for 4 years, with the latest figure at $18.1 million in Q4 2024.

  • Quarterly Consolidated Net Income rose 1120.57% year-over-year to $18.1 million in Q4 2024, while the trailing twelve-month figure through Dec 2025 was $18.0 million (up 111.87% YoY) and the FY2025 annual result came in at $31.4 million, up 72.5% from the prior year.
  • Consolidated Net Income improved to $18.1 million in Q4 2024 per SVRN's latest filing, from -$92000.0 in the prior quarter.
  • Over five years, Consolidated Net Income peaked at $18.1 million in Q4 2024 and troughed at -$8.2 million in Q2 2024.
  • A 4-year average of $3692.3 and a median of -$1.3 million in 2024 frame the typical range for Consolidated Net Income.
  • The sharpest annual moves came in 2022 and 2023: Consolidated Net Income jumped 64900.0% in 2022, then slumped 502.9% in 2023.
  • Over 4 years, Consolidated Net Income stood at -$1000.0 in 2021, then sank by 248700.0% to -$2.5 million in 2022, then gained by 28.7% to -$1.8 million in 2023, then jumped by 1120.57% to $18.1 million in 2024.
  • According to Business Quant data, Consolidated Net Income over the past three periods registered $18.1 million, -$92000.0, and -$8.2 million for Q4 2024, Q3 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Consol Net Inc. (Qtr)
1 Kirby 7.46 Bn 7.42 Bn 290.80 Mn 89.80 Mn
2 Matson 6.58 Bn 6.46 Bn - 129.40 Mn
3 Hafnia 3.91 Bn 3.80 Bn 152.41 Mn 111.94 Mn
4 ZIM Integrated Shipping Services 3.47 Bn 2.55 Bn 57.20 Mn -110.10 Mn
5 Star Bulk Carriers 3.37 Bn 2.87 Bn - -
6 Danaos 2.66 Bn 1.43 Bn 217.68 Mn 151.82 Mn
7 Okeanis Eco Tankers 2.45 Bn 2.23 Bn 12,231.53 Bn -88,317.38 Bn
8 Navios Maritime Partners 2.38 Bn 1.97 Bn 326.09 Mn 383.78 Mn
9 Costamare 1.81 Bn 1.51 Bn 185.32 Mn 266.58 Mn
10 OceanPal 106,834.86 106,834.86 - -

Historic Data

Download Data
DateValue
Dec 31, 2024 18.11 Mn
Sep 30, 2024 -92,000.00
Jun 30, 2024 -8.20 Mn
Mar 31, 2024 -1.31 Mn
Dec 31, 2023 -1.77 Mn
Sep 30, 2023 -3.17 Mn
Jun 30, 2023 -1.52 Mn
Mar 31, 2023 -1.67 Mn
Dec 31, 2022 -2.49 Mn
Sep 30, 2022 1.10 Mn
Jun 30, 2022 648,000.00
Mar 31, 2022 414,000.00
Jun 30, 2021 -1,000.00