Overseas Ship Group (OSG) Revenue & Revenue Breakdown


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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

DateRevenueChange
2023-12-31$451.87M-3.20%
2022-12-31$466.80M30.01%
2021-12-31$359.06M-14.24%
2020-12-31$418.69M17.76%
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$964.51M0.74%
2014-12-31$957.43M-5.76%
2013-12-31$1.02B-10.65%
2012-12-31$1.14B8.35%
2011-12-31$1.05B0.37%
2010-12-31$1.05B-4.39%
2009-12-31$1.09B-35.85%
2008-12-31$1.70B50.95%
2007-12-31$1.13B7.82%
2006-12-31$1.05B8.92%
2005-12-31$961.66M21.79%
2004-12-31$789.58M83.14%
2003-12-31$431.14M45.03%
2002-12-31$297.28M-36.66%
2001-12-31$469.33M0.37%
2000-12-31$467.62M33.41%
1999-12-31$350.50M-14.26%
1998-12-31$408.80M-14.48%
1997-12-31$478.00M5.68%
1996-12-31$452.30M10.91%
1995-12-31$407.80M13.75%
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

DateRevenueChange
2024-03-31$117.50M1.27%
2023-12-31$116.02M0.51%
2023-09-30$115.44M8.26%
2023-06-30$106.63M-6.30%
2023-03-31$113.79M-6.54%
2022-12-31$121.76M-1.06%
2022-09-30$123.06M4.30%
2022-06-30$117.98M13.45%
2022-03-31$104.00M8.94%
2021-12-31$95.46M1.59%
2021-09-30$93.97M6.35%
2021-06-30$88.36M8.72%
2021-03-31$81.27M-16.68%
2020-12-31$97.55M-7.76%
2020-09-30$105.75M-7.68%
2020-06-30$114.54M13.56%
2020-03-31$100.86M2.47%
2019-12-31$98.42M21.62%
2019-09-30$80.93M-8.52%
2019-06-30$88.46M0.82%
2019-03-31$87.74M-1.67%
2018-12-31$89.23M10.80%
2018-09-30$80.54M-15.55%
2018-06-30$95.37M-5.61%
2018-03-31$101.03M8.85%
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$243.76M0.01%
2015-12-31$243.72M0.82%
2015-09-30$241.75M-1.52%
2015-06-30$245.49M5.11%
2015-03-31$233.54M7.66%
2014-12-31$216.93M5.16%
2014-09-30$206.28M-14.68%
2014-06-30$241.78M-17.33%
2014-03-31$292.45M7.08%
2013-12-31$273.10M2.15%
2013-09-30$267.34M17.20%
2013-06-30$228.11M-7.81%
2013-03-31$247.44M-3.31%
2012-12-31$255.90M-13.99%
2012-09-30$297.50M2.11%
2012-06-30$291.35M-0.35%
2012-03-31$292.38M13.44%
2011-12-31$257.75M0.53%
2011-09-30$256.38M-5.65%
2011-06-30$271.74M3.06%
2011-03-31$263.67M13.64%
2010-12-31$232.03M-10.73%
2010-09-30$259.93M-8.44%
2010-06-30$283.90M5.25%
2010-03-31$269.75M11.20%
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$472.67M10.38%
2008-06-30$428.22M4.27%
2008-03-31$410.68M48.34%
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/ServiceDec 23Dec 22Dec 21Dec 20Dec 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/ServiceDec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 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


TickerCompanyLast Year RevenueLast Quarter Revenue
FROFrontline$1.80B$578.40M
TRMDTORM$1.55B$444.10M
TNPTsakos Energy Navigation$889.57M$220.24M
OSGOverseas Ship Group$451.87M$117.50M
ALEXAlexander & Baldwin$208.90M$51.05M

OSG Revenue FAQ


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.

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).

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%.

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

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.