OceanPal (SVRN) Operating Income (2021 - 2024)
OceanPal (SVRN) posted Operating Income of $18.0 million for Q4 2024, up 10269.49% sequentially from -$177000.0 in Q3 2024, and up 19047.37% YoY from N/an in Q1 2024.
OceanPal (SVRN) Operating Income (2021 - 2024) Analysis & Trends
OceanPal has reported Operating Income for 4 years, with the latest figure at $18.0 million in Q4 2024.
- Quarterly Operating Income rose 19047.37% year-over-year to $18.0 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $8.1 million (up 204.33% YoY) and the FY2025 annual result came in at $31.4 million, up 74.44% from the prior year.
- Operating Income improved to $18.0 million in Q4 2024 per SVRN's latest filing, from -$177000.0 in the prior quarter.
- Over five years, Operating Income peaked at $18.0 million in Q4 2024 and troughed at -$8.3 million in Q2 2024.
- A 4-year average of $538.46 and a median of -$177000.0 in 2024 frame the typical range for Operating Income.
- The sharpest annual moves came in 2022 and 2023: Operating Income jumped 64900.0% in 2022, then tumbled 739.37% in 2023.
- Over 4 years, Operating Income stood at -$1000.0 in 2021, then sank by 248700.0% to -$2.5 million in 2022, then soared by 96.18% to -$95000.0 in 2023, then jumped by 19047.37% to $18.0 million in 2024.
- According to Business Quant data, Operating Income over the past three periods registered $18.0 million, -$177000.0, and -$8.3 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 122.36 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 158.90 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 109.86 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -18.30 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 132.73 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 337.11 Mn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 349.92 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 227.25 Mn |
| 10 | OceanPal | 106,834.86 | 106,834.86 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 18.00 Mn |
| Sep 30, 2024 | -177,000.00 |
| Jun 30, 2024 | -8.32 Mn |
| Mar 31, 2024 | -1.44 Mn |
| Dec 31, 2023 | -95,000.00 |
| Sep 30, 2023 | -3.32 Mn |
| Jun 30, 2023 | -1.66 Mn |
| Mar 31, 2023 | -2.65 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 |