OceanPal (SVRN) Net Margin (2022 - 2024)
OceanPal's (SVRN) quarterly Net Margin came in at 127.99% in Q2 2024, down 13695.0% year-over-year from N/an in Q3 2023, and down 328.68% quarter-over-quarter from 29.86% in Q1 2024.
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OceanPal (SVRN) Net Margin (2022 - 2024) Analysis & Trends
OceanPal has disclosed Net Margin across 3 years of filings, most recently posting 127.99% for Q2 2024.
- In Q2 2024, Net Margin fell 13695.0% year-over-year to 127.99%; the TTM figure through Jun 2024 stood at 77.17% (down 6434.0% YoY), while the FY2025 annual figure was 462.41%, up 39276.0% from the prior year.
- Net Margin came in at 127.99% for Q2 2024 at OceanPal, down from 29.86% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 8.95% in Q2 2023 to a low of 127.99% in Q2 2024.
- Average Net Margin over 3 years is 36.55%, with a median of 21.86% recorded in 2024.
- Year-over-year, Net Margin soared 551 bps in 2023 and tumbled 13695 bps in 2024.
- Over 3 years, Net Margin stood at 52.34% in 2022, then increased by 7 bps to 48.93% in 2023, then tumbled by 162 bps to 127.99% in 2024.
- Per Business Quant data, the three most recent Net Margin figures were 127.99% in Q2 2024, 29.86% in Q1 2024, and 48.93% in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 70.00% |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 9.74% |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 13.35% |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 63.09% |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 34.40% |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 59.92% |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 109.93% |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 3.57% |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 37.70% |
| 10 | OceanPal | 166,768.10 | 166,768.10 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | -127.99% |
| Mar 31, 2024 | -29.86% |
| Dec 31, 2023 | -48.93% |
| Sep 30, 2023 | -100.65% |
| Jun 30, 2023 | 8.95% |
| Mar 31, 2023 | -12.14% |
| Dec 31, 2022 | -52.34% |
| Sep 30, 2022 | 7.88% |
| Jun 30, 2022 | 3.44% |
| Mar 31, 2022 | -13.86% |