Overseas Ship Group (OSG) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

Overseas Ship Group Revenue Highlights

Latest Revenue (Y)

$451.87M

Latest Revenue (Q)

$117.50M

Main Segment (Y)

Time And Bareboat Charter Revenues

Overseas Ship Group Revenue by Period

Overseas Ship Group Revenue by Year

Date	Revenue	Change
2023-12-31	$451.87M	-3.20%
2022-12-31	$466.80M	30.01%
2021-12-31	$359.06M	-14.24%
2020-12-31	$418.69M	17.76%
2019-12-31	$355.55M	-2.90%
2018-12-31	$366.16M	-6.21%
2017-12-31	$390.43M	-15.57%
2016-12-31	$462.42M	-52.06%
2015-12-31	$964.51M	0.74%
2014-12-31	$957.43M	-5.76%
2013-12-31	$1.02B	-10.65%
2012-12-31	$1.14B	8.35%
2011-12-31	$1.05B	0.37%
2010-12-31	$1.05B	-4.39%
2009-12-31	$1.09B	-35.85%
2008-12-31	$1.70B	50.95%
2007-12-31	$1.13B	7.82%
2006-12-31	$1.05B	8.92%
2005-12-31	$961.66M	21.79%
2004-12-31	$789.58M	83.14%
2003-12-31	$431.14M	45.03%
2002-12-31	$297.28M	-36.66%
2001-12-31	$469.33M	0.37%
2000-12-31	$467.62M	33.41%
1999-12-31	$350.50M	-14.26%
1998-12-31	$408.80M	-14.48%
1997-12-31	$478.00M	5.68%
1996-12-31	$452.30M	10.91%
1995-12-31	$407.80M	13.75%
1994-12-31	$358.50M	-4.88%
1993-12-31	$376.90M	-

Overseas Ship Group generated $451.87M in revenue during NA 2023, up -3.20% compared to the previous quarter, and up 123.41% compared to the same period a year ago.

Overseas Ship Group Revenue by Quarter

Date	Revenue	Change
2024-03-31	$117.50M	1.27%
2023-12-31	$116.02M	0.51%
2023-09-30	$115.44M	8.26%
2023-06-30	$106.63M	-6.30%
2023-03-31	$113.79M	-6.54%
2022-12-31	$121.76M	-1.06%
2022-09-30	$123.06M	4.30%
2022-06-30	$117.98M	13.45%
2022-03-31	$104.00M	8.94%
2021-12-31	$95.46M	1.59%
2021-09-30	$93.97M	6.35%
2021-06-30	$88.36M	8.72%
2021-03-31	$81.27M	-16.68%
2020-12-31	$97.55M	-7.76%
2020-09-30	$105.75M	-7.68%
2020-06-30	$114.54M	13.56%
2020-03-31	$100.86M	2.47%
2019-12-31	$98.42M	21.62%
2019-09-30	$80.93M	-8.52%
2019-06-30	$88.46M	0.82%
2019-03-31	$87.74M	-1.67%
2018-12-31	$89.23M	10.80%
2018-09-30	$80.54M	-15.55%
2018-06-30	$95.37M	-5.61%
2018-03-31	$101.03M	8.85%
2017-12-31	$92.81M	-0.49%
2017-09-30	$93.27M	-3.07%
2017-06-30	$96.22M	-11.00%
2017-03-31	$108.12M	-5.80%
2016-12-31	$114.78M	-41.13%
2016-09-30	$194.95M	-11.96%
2016-06-30	$221.45M	-9.15%
2016-03-31	$243.76M	0.01%
2015-12-31	$243.72M	0.82%
2015-09-30	$241.75M	-1.52%
2015-06-30	$245.49M	5.11%
2015-03-31	$233.54M	7.66%
2014-12-31	$216.93M	5.16%
2014-09-30	$206.28M	-14.68%
2014-06-30	$241.78M	-17.33%
2014-03-31	$292.45M	7.08%
2013-12-31	$273.10M	2.15%
2013-09-30	$267.34M	17.20%
2013-06-30	$228.11M	-7.81%
2013-03-31	$247.44M	-3.31%
2012-12-31	$255.90M	-13.99%
2012-09-30	$297.50M	2.11%
2012-06-30	$291.35M	-0.35%
2012-03-31	$292.38M	13.44%
2011-12-31	$257.75M	0.53%
2011-09-30	$256.38M	-5.65%
2011-06-30	$271.74M	3.06%
2011-03-31	$263.67M	13.64%
2010-12-31	$232.03M	-10.73%
2010-09-30	$259.93M	-8.44%
2010-06-30	$283.90M	5.25%
2010-03-31	$269.75M	11.20%
2009-12-31	$242.58M	-0.41%
2009-09-30	$243.58M	-13.83%
2009-06-30	$282.66M	-12.98%
2009-03-31	$324.80M	-17.38%
2008-12-31	$393.13M	-16.83%
2008-09-30	$472.67M	10.38%
2008-06-30	$428.22M	4.27%
2008-03-31	$410.68M	48.34%
2007-12-31	$276.84M	-

Overseas Ship Group generated $117.50M in revenue during Q1 2024, up 1.27% compared to the previous quarter, and up 96.50% compared to the same period a year ago.

Overseas Ship Group Revenue Breakdown

Overseas Ship Group Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Voyage Charter Revenues	$92.33M	$86.66M	$57.95M	$29.75M	$33.27M
Time And Bareboat Charter Revenues	$359.54M	-	-	-	-
Contracts Of Affreightment Revenues	$56.82M	-	-	-	-
Time and Bareboat Charter Revenues	-	$327.33M	$254.74M	$344.51M	$263.68M
Contracts of Affreightment Revenues	-	$52.81M	$46.37M	$44.43M	$58.59M

Overseas Ship Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Time And Bareboat Charter Revenues (70.68%), Voyage Charter Revenues (18.15%), and Contracts Of Affreightment Revenues (11.17%).

Quarterly Revenue by Product

Product/Service	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19
Voyage Charter Revenues	$50.70M	$22.21M	$5.63M	$13.79M	$13.62M	$17.66M	$19.48M	$35.90M	$19.82M	$17.68M	$13.40M	$7.04M	$5.71M	$3.25M	$9.42M	$11.47M	$12.21M	$7.37M	-	-
Contracts Of Affreightment Revenues	$40.96M	$15.86M	$11.75M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Time And Bareboat Charter Revenues	$275.40M	$84.14M	$64.53M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Time and Bareboat Charter Revenues	-	$93.22M	$87.26M	$94.39M	$92.73M	$82.97M	$57.24M	$63.61M	$62.81M	$63.79M	$80.43M	$89.27M	$96.66M	$78.15M	$75.06M	$63.49M	-	-	-	-
Contracts of Affreightment Revenues	-	-	-	-	$13.74M	$15.54M	$10.87M	$12.03M	$12.15M	$10.45M	$11.40M	$13.22M	$8.45M	$11.24M	$11.15M	$10.07M	-	-	-	-
Voyage Charter Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$6.15M	$7.63M
Time Charter Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$62.01M	$63.12M
Short-Tern Time Charter Contracts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$3.09M	$769.00K
Contracts of Affreightment Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$20.30M	$16.98M

Overseas Ship Group's latest quarterly revenue breakdown by segment (product or service), as of Dec 23: Time And Bareboat Charter Revenues (75.03%), Voyage Charter Revenues (13.81%), and Contracts Of Affreightment Revenues (11.16%).

Overseas Ship Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
FRO	Frontline	$1.80B	$578.40M
TRMD	TORM	$1.55B	$444.10M
ALEX	Alexander & Baldwin	$208.90M	$61.94M

OSG Revenue FAQ

What is Overseas Ship Group’s yearly revenue?

Overseas Ship Group's yearly revenue for 2023 was $451.87M, representing a decrease of -3.20% compared to 2022. The company's yearly revenue for 2022 was $466.8M, representing an increase of 30.01% compared to 2021. OSG's yearly revenue for 2021 was $359.06M, representing a decrease of -14.24% compared to 2020.

What is Overseas Ship Group’s quarterly revenue?

Overseas Ship Group's quarterly revenue for Q1 2024 was $117.5M, a 1.27% increase from the previous quarter (Q4 2023), and a 3.26% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $116.02M, a 0.51% increase from the previous quarter (Q3 2023), and a -4.71% decrease year-over-year (Q4 2022). OSG's quarterly revenue for Q3 2023 was $115.44M, a 8.26% increase from the previous quarter (Q2 2023), and a -6.20% decrease year-over-year (Q3 2022).

What is Overseas Ship Group’s revenue growth rate?

Overseas Ship Group's revenue growth rate for the last 3 years (2021-2023) was 25.85%, and for the last 5 years (2019-2023) was 27.09%.

What are Overseas Ship Group’s revenue streams?

Overseas Ship Group's revenue streams in c 23 are Voyage Charter Revenues, Time And Bareboat Charter Revenues, and Contracts Of Affreightment Revenues. Voyage Charter Revenues generated $92.33M in revenue, accounting 18.15% of the company's total revenue, up 6.54% year-over-year. Time And Bareboat Charter Revenues generated $359.54M in revenue, accounting 70.68% of the company's total revenue Contracts Of Affreightment Revenues generated $56.82M in revenue, accounting 11.17% of the company's total revenue

What is Overseas Ship Group’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Overseas Ship Group was Time And Bareboat Charter Revenues. This segment made a revenue of $359.54M, representing 70.68% of the company's total revenue.