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$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.