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| Date | Value |
|---|---|
| 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 |