OSG (OSG) financial statements
OSG reported revenue of $251M in fiscal 2025, down 7.5% a year over 9 years.
Net income was -$259M and the operating margin -40.2%, against 20.7% in 2016.
The diluted share count rose 4% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from OSG's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $507M | $622M | $511M | $496M | $156M | $282M | $54M | $125M | $236M | $251M |
| Selling, general and admin | — | — | — | — | $92M | $111M | $56M | $67M | $129M | $192M |
| Operating income | $105M | -$284M | $273M | -$184M | -$440M | $1M | -$36M | -$24M | -$60M | -$101M |
| Interest expense | $124M | $120M | $242M | $269M | $222M | $187M | $0 | $0 | $9M | $19M |
| Pre-tax income | $105M | -$284M | $273M | -$183M | -$440M | $2M | -$36M | -$24M | -$60M | -$101M |
| Income tax | $31M | $44M | $5M | $32M | -$3M | $18M | -$462,000 | $989,000 | $924,000 | $5M |
| Net income | $75M | -$329M | $186M | -$216M | -$437M | -$17M | $522M | $5M | -$556M | -$259M |
| EPS (diluted) | $1.64 | -$7.25 | $3.99 | -$4.69 | -$9.47 | -$0.61 | $11.48 | $0.18 | -$11.96 | -$5.93 |
| Diluted shares | 45M | 47M | 47M | 46M | 46M | 47M | 46M | 46M | 47M | 47M |
| Operating margin | 20.7% | -45.7% | 53.4% | -37.1% | -282.1% | 0.4% | -66.6% | -19.4% | -25.4% | -40.2% |
| Net margin | 14.8% | -52.9% | 36.4% | -43.5% | -280.1% | -6.0% | 973.9% | 4.0% | -235.8% | -103.1% |
Balance sheet
Fiscal years, from OSG's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $91M | $5.9B | $3.6B | $3.3B | $512M | $431M | $513M | $208M | $157M | $215M |
| Receivables | — | $586M | $495M | $416M | $370M | $323M | $269M | $9M | $55M | $87M |
| Goodwill | — | — | — | — | $46M | $46M | $46M | $70M | $418M | $540M |
| Total assets | — | $23.2B | $14.6B | $13.3B | $13.2B | $12.3B | $8.0B | $8.4B | $8.1B | $2.2B |
| Total liabilities | — | $21.5B | $13.0B | $11.8B | $12.1B | $11.2B | $6.6B | $7.0B | $6.9B | $1.1B |
| Shareholders' equity | $2.0B | $1.4B | $1.6B | $1.5B | $1.1B | $1.0B | $1.3B | $1.4B | $798M | $716M |
| Net debt | -$91M | -$624M | -$63M | -$24M | -$20M | -$17M | -$6M | -$7M | -$30M | -$68M |
Cash flow
Fiscal years, from OSG's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $830M | -$221M | -$1.5B | -$311M | -$175M | -$131M | $1.3B | $200M | $762,000 | -$52M |
| Stock-based compensation | $5M | $4M | $12M | $12M | $11M | $14M | $11M | $12M | $9M | $10M |
| Share buybacks (net) | — | — | — | — | — | — | -$14M | -$5M | -$12M | -$30M |
| Net borrowing | -$20M | -$69M | -$191M | $0 | $0 | — | — | — | — | $117M |
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What was OSG's revenue in 2025?
$251M in fiscal 2025, from its 10-K filing.
From OSG's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.