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OVERSEAS SHIPHOLDING GROUP INC

CIK: 75208 SIC: 4412
$455.58M
Revenue
$64.96M
Net Income
-
Gross Margin
21.48%
Op. Margin
$181.11M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 14 of 14 annual reports available (2010 - 2023)
Breakdown TTM
(Mar 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
+ Total Revenue $455.58M $451.87M $466.80M $359.06M $418.69M $355.55M $366.16M $390.43M $462.42M $466.87M $957.43M $1.02B $1.14B $1.05B $1.05B
Revenue Growth % 0.8% -3.2% 30.0% -14.2% 17.8% -2.9% -6.2% -15.6% -1.0% -51.2% -5.8% -10.7% 8.3% 0.4% nan%
Operating Expenses $357.70M $354.95M $403.61M $388.16M $379.25M $325.69M $342.28M $356.35M $497.60M $386.47M $862.33M $1.38B $1.52B $1.19B $1.12B
+ Operating Income $97.88M $96.92M $63.19M $-29.10M $58.61M $29.85M $23.89M $34.08M $-35.18M $80.41M $95.10M $-367.20M $-379.23M $-142.19M $-79.30M
Operating Margin % 21.5% 21.4% 13.5% -8.1% 14.0% 8.4% 6.5% 8.7% -7.6% 17.2% 9.9% -36.1% -33.3% -13.5% -7.6%
Interest Expense $29.84M $31.22M $33.06M $29.20M $24.05M $25.63M $30.89M $37.40M $43.15M $70.36M $232.49M $350.00K $93.42M $79.90M $67.04M
Other Income/Expense $6.82M $6.67M $3.33M $1.99M $1.62M $1.44M $-759.00K $-1.88M $-2.39M $-26.24M $426.00K $849.00K $-1.31M $2.15M $1.05M
Income Before Tax $74.86M $72.37M $33.46M $-64.35M $36.19M $9.21M $-4.22M $-1.46M $-77.08M $-12.41M $-95.61M $-652.98M $-481.60M $-197.88M $-141.70M
Income Tax Expense $9.90M $9.92M $6.89M $-18.10M $6.18M $536.00K $-17.71M $-57.63M $-65.10M $-101.03M $-114.81M $-14.74M $-1.48M $-4.96M $-7.46M
+ Net Income $64.96M $62.45M $26.56M $-46.25M $30.00M $8.68M $13.49M $55.98M $-293.61M $283.96M $-152.27M $-638.23M $-480.11M $-192.92M $-134.24M
Net Margin % 14.3% 13.8% 5.7% -12.9% 7.2% 2.4% 3.7% 14.3% -63.5% 60.8% -15.9% -62.8% -42.2% -18.4% -12.8%
Basic EPS 0.85 0.80 0.30 -0.51 nan nan nan nan nan nan nan -20.94 -15.82 -6.39 -4.55
Diluted EPS 0.82 0.77 0.29 -0.51 nan nan nan nan nan nan nan -20.94 -15.82 -6.39 -4.55
Basic Shares Outstanding 71.9M 78.5M 89.6M 90.59B 89.8M 89.3M 88.4M - - - - 30.5M 30.3M 30.2M 29.5M
Diluted Shares Outstanding 75.2M 81.2M 91.4M 90.59B 90.8M 89.7M 89.0M - - - - 30.5M 30.3M 30.2M 29.5M
Breakdown FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
Cash & Cash Equivalents $76.26M $78.73M $83.17M $69.70M $41.50M $80.42M $165.99M $191.09M $193.98M $210.99M $601.93M $507.34M $54.88M $253.65M
Short-term Investments $14.90M - - - - - - - - - - - - -
Accounts Receivable $17.36M $19.70M $14.59M $13.12M $9.25M $16.10M $24.21M $23.46M $81.61M $101.51M $147.96M $179.26M $168.31M $160.99M
Inventory - - - - - - - - $3.93M $7.99M $16.88M $15.53M $19.22M $14.95M
Other Current Assets - - - - - - - - $16.11M $16.30M $24.28M $40.39M $47.40M $45.63M
Total Current Assets $114.59M $108.35M $108.93M $88.68M $57.51M $112.38M $207.29M $238.32M $623.93M $707.67M $817.31M $771.43M $342.15M $594.88M
Property Plant & Equipment - - - - - $597.66M $632.51M $684.47M $2.08B $2.21B $2.36B $2.84B $3.23B $3.20B
Goodwill - - - - - - - - - - - $9.59M $9.59M $9.59M
Intangible Assets $13.42M $18.02M $22.62M $27.22M $31.82M $36.42M $41.02M $45.62M $50.22M $54.82M $60.17M $71.97M $77.16M $83.14M
Long-term Investments - $14.80M - - - - - - - - - - - -
Other Non-current Assets $34.32M $25.95M $26.99M $24.65M $35.01M $51.42M $23.15M $18.66M $63.00M $63.51M $27.09M $26.44M $61.12M $42.89M
Total Assets $1.08B $1.14B $1.12B $1.23B $1.18B $827.73M $931.89M $1.03B $3.27B $3.44B $3.64B $4.04B $4.03B $4.24B
Total Current Liabilities $169.49M $145.93M $176.14M $181.62M $161.54M $57.92M $62.53M $57.53M $154.28M $109.29M $377.84M $454.97M $140.10M $173.78M
Long-term Debt $357.41M $399.63M $422.51M $390.20M $336.54M $322.30M $420.78M $525.08M $1.27B $1.66B - - $2.05B $1.94B
Deferred Tax Liabilities $79.37M $70.23M $63.74M $80.99M $72.83M $73.36M $83.67M - - - - - - -
Other Non-current Liabilities $10.37M $17.00M $22.39M $30.41M $19.10M $44.46M $48.47M $48.97M $61.70M $66.97M $42.19M $37.71M $69.12M $274.72M
Total Liabilities $724.83M $799.38M $777.12M $851.93M $833.92M $498.26M $618.65M $776.16M $1.69B $2.15B $3.70B $3.51B $2.48B $2.43B
Common Stock $895.00K $883.00K $872.00K $864.00K $857.00K $848.00K $783.00K $702.00K - - $44.29M $44.29M $44.29M $44.29M
Retained Earnings $-174.82M $-233.02M $-259.59M $-213.34M $-243.34M $-252.01M $-265.76M $-321.74M $-1.28M $-141.03M $386.25M $1.02B $2.04B $2.28B
Treasury Stock - $29.04M - - - - - - - - $835.20M $835.15M $840.30M $840.68M
Total Stockholders Equity $354.05M $339.69M $338.61M $379.81M $341.55M $329.47M $313.24M $254.33M $1.58B $1.29B $-60.25M $534.25M $1.00B $1.28B
Total Liabilities & Equity $1.08B $1.14B $1.12B $1.23B $1.18B $827.73M $931.89M $1.03B $3.27B $3.44B $3.64B $4.04B $4.03B $4.24B
Breakdown TTM
(Mar 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2014
(Dec 31, 2014)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
Net Income $64.96M $62.45M $26.56M $-46.25M $30.00M $8.68M $13.49M $55.98M $-293.61M $283.96M $-152.27M $-638.23M $-480.11M $-192.92M $-134.24M
Depreciation & Amortization $117.66M $67.16M $70.64M $61.82M $58.51M $52.50M $50.51M $58.67M $89.56M $76.85M $151.76M $176.28M $201.28M $179.72M $170.67M
Stock-based Compensation $6.05M $3.47M $3.57M $2.23M $2.33M $1.66M $3.79M $2.39M $7.44M $3.58M $1.01M $-131.00K $7.91M $10.07M $11.94M
Deferred Income Tax $16.73M $8.97M $6.35M $-18.24M $6.30M $-991.00K $-18.79M $-59.05M $-67.39M $-69.56M $-82.43M $-7.40M $-29.75M $-4.67M $-10.18M
Change in Receivables - $-2.34M $5.11M $384.00K $3.88M $-2.55M $-6.53M $753.00K $16.79M $-6.50M $-46.45M $-33.45M $30.32M $-33.81M $18.59M
Operating Cash Flow $181.11M $102.96M $72.82M $-11.83M $52.67M $73.45M $45.26M - - - - - $-32.90M $-61.06M $-27.71M
Capital Expenditure - - - - - $118.06M $21.81M - - $1.02M $32.41M $36.38M $52.60M $187.51M $421.36M
Acquisitions - - - - $16.97M - - - - - - - - - -
Investing Cash Flow $-37.98M $-30.79M $-21.15M $24.34M $-78.15M $-129.91M $-19.83M - - - - - $-22.41M $-154.17M $-439.66M
Debt Repayment $41.97M $23.73M $22.22M $33.32M $44.93M - - - - - - - - - -
Stock Issued - - - - - - - - - - $1.51B - - - $158.27M
Stock Repurchased - - - - - - - - - - $162.00K $42.00K $307.00K $920.00K $1.72M
Dividends Paid - - - - - - - - $31.91M - - - - $46.88M $51.88M
Financing Cash Flow $-112.45M $-74.64M $-56.20M $931.00K $53.63M $17.50M $-111.06M - - - - - $507.77M $16.46M $246.33M
Net Change in Cash $30.69M $-2.48M $-4.52M $13.43M $28.14M $-38.96M $-85.63M $-40.66M $2.37M $-17.01M $-212.70M $94.58M $452.46M $-198.77M $-221.04M
SEC Filing Format - Data shown as it appears in the Q1 2024 (10-Q) filing Period ended: Mar 31, 2024
Condensed Consolidated Statements of Operations
Description Mar 31, 2024
Current Prior Year
Total Revenue $117.50M $113.79M
Operating Expenses $94.01M $91.25M
Operating Income $23.49M $22.54M
Interest Expense $6.78M $8.16M
Other Income/Expense $1.24M $1.08M
Income Before Tax $17.94M $15.46M
Income Tax Expense $3.30M $3.32M
Net Income $14.64M $12.14M
Basic EPS 0.20 0.15
Diluted EPS 0.19 0.14
Basic Shares Outstanding $71.90M $82.01M
Diluted Shares Outstanding $75.16M $85.34M
Condensed Consolidated Balance Sheets
Description Mar 31, 2024 Dec 31, 2023
Cash & Cash Equivalents $82.20M $76.26M
Short-term Investments $14.95M $14.90M
Accounts Receivable $9.41M $17.36M
Total Current Assets $115.97M $114.59M
Intangible Assets $12.27M $13.42M
Other Non-current Assets $34.65M $34.32M
Total Assets $1.10B $1.08B
Total Current Liabilities $174.15M $169.49M
Long-term Debt $338.21M $357.41M
Deferred Tax Liabilities $82.51M $79.37M
Other Non-current Liabilities $10.61M $10.37M
Total Liabilities $733.97M $724.83M
Common Stock $903.00K $895.00K
Retained Earnings $-164.53M $-174.82M
Total Stockholders Equity $362.87M $354.05M
Total Liabilities & Equity $1.10B $1.08B
Condensed Consolidated Statements of Cash Flows
Description Mar 31, 2024
Current Prior Year
Net Income $14.64M $12.14M
Depreciation & Amortization $17.99M $16.05M
Stock-based Compensation $918.00K $800.00K
Deferred Income Tax $3.15M $3.29M
Operating Cash Flow $24.74M $35.70M
Investing Cash Flow $-5.78M $-454.00K
Debt Repayment $6.57M $5.79M
Dividends Paid $4.26M -
Financing Cash Flow $-13.02M $-9.88M
Net Change in Cash $5.95M $25.36M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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