OceanPal SVRN
NASDAQ SVRN
$11.17 +2.10 (+23.15%)
As of: Sep 8, 2026 · 3:53 PM EDT

OceanPal (SVRN) Gross Profit (2022 - 2024)

OceanPal's (SVRN) quarterly Gross Profit came in at $5.9 million in Q2 2024, up 26.01% year-over-year from $4.7 million in Q3 2023, and up 15.99% quarter-over-quarter from $5.1 million in Q1 2024.

Analysis

OceanPal (SVRN) Gross Profit (2022 - 2024) Analysis & Trends

OceanPal has disclosed Gross Profit across 3 years of filings, most recently posting $5.9 million for Q2 2024.

  • In Q2 2024, Gross Profit rose 26.01% year-over-year to $5.9 million; the TTM figure through Jun 2024 stood at $20.0 million (up 26.99% YoY), while the FY2024 annual figure was $22.0 million, up 29.22% from the prior year.
  • Gross Profit came in at $5.9 million for Q2 2024 at OceanPal, up from $5.1 million in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $5.9 million in Q2 2024 to a low of $2.8 million in Q4 2022.
  • Average Gross Profit over 3 years is $4.3 million, with a median of $4.4 million recorded in 2022.
  • The largest YoY upside for Gross Profit was 82.53% in 2023 against a maximum downside of 22.02% in 2023.
  • Over 3 years, Gross Profit stood at $2.8 million in 2022, then soared by 82.53% to $5.2 million in 2023, then advanced by 14.31% to $5.9 million in 2024.
  • Per Business Quant data, the three most recent Gross Profit figures were $5.9 million in Q2 2024, $5.1 million in Q1 2024, and $5.2 million in Q4 2023.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Frontline 10.35 Bn 10.03 Bn -
2 Kirby 7.39 Bn 7.35 Bn 290.80 Mn
3 Matson 6.76 Bn 6.64 Bn -
4 International Seaways 5.13 Bn 5.13 Bn 467.16 Mn
5 Hafnia 4.45 Bn 4.17 Bn 372.91 Mn
6 Cmb.Tech 4.42 Bn 4.26 Bn 970.62 Mn
7 Scorpio Tankers 3.80 Bn 1.97 Bn 343.91 Mn
8 ZIM Integrated Shipping Services 3.60 Bn 2.57 Bn 255.00 Mn
9 Star Bulk Carriers 3.56 Bn 3.00 Bn 299.80 Mn
10 OceanPal 166,768.10 166,768.10 -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2024 5.91 Mn
Mar 31, 2024 5.10 Mn
Dec 31, 2023 5.17 Mn
Sep 30, 2023 3.84 Mn
Jun 30, 2023 4.69 Mn
Mar 31, 2023 3.32 Mn
Dec 31, 2022 2.83 Mn
Sep 30, 2022 4.92 Mn
Jun 30, 2022 4.18 Mn
Mar 31, 2022 3.47 Mn