OceanPal (SVRN) EBITDA Margin (2022 - 2024)
OceanPal's (SVRN) quarterly EBITDA Margin came in at 123.56% in Q2 2024, down 9286.0% year-over-year from 1.35% in Q3 2023, and down 386.95% quarter-over-quarter from 25.37% in Q1 2024.
Analysis
OceanPal (SVRN) EBITDA Margin (2022 - 2024) Analysis & Trends
OceanPal has disclosed EBITDA Margin across 3 years of filings, most recently posting 123.56% for Q2 2024.
- In Q2 2024, EBITDA Margin fell 9286.0% year-over-year to 123.56%; the TTM figure through Jun 2024 stood at 59.67% (down 3139.0% YoY), while the FY2025 annual figure was 222.7%, up 12997.0% from the prior year.
- EBITDA Margin came in at 123.56% for Q2 2024 at OceanPal, down from 25.37% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 38.59% in Q1 2022 to a low of 123.56% in Q2 2024.
- Average EBITDA Margin over 3 years is 28.22%, with a median of 28.03% recorded in 2024.
- Year-over-year, EBITDA Margin tumbled 10749 bps in 2023 and surged 4271 bps in 2024.
- Over 3 years, EBITDA Margin stood at 43.47% in 2022, then soared by 96 bps to 1.64% in 2023, then slumped by 7454 bps to 123.56% in 2024.
- Per Business Quant data, the three most recent EBITDA Margin figures were 123.56% in Q2 2024, 25.37% in Q1 2024, and 1.64% in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 78.75% |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 13.27% |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 16.39% |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 64.49% |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 35.22% |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 53.53% |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 73.52% |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | -9.42% |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 32.25% |
| 10 | OceanPal | 166,768.10 | 166,768.10 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | -123.56% |
| Mar 31, 2024 | -25.37% |
| Dec 31, 2023 | -1.64% |
| Sep 30, 2023 | -85.98% |
| Jun 30, 2023 | -30.70% |
| Mar 31, 2023 | -68.08% |
| Dec 31, 2022 | -43.47% |
| Sep 30, 2022 | 21.51% |
| Jun 30, 2022 | 36.49% |
| Mar 31, 2022 | 38.59% |