OVERSEAS SHIPHOLDING GROUP INC
Industrials · Deep Sea Foreign Transportation of Freight · FL · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $451.9M | $466.8M | $359.1M | $74.2M | $91.9M | $152.2M |
| Operating income | $96.9M | $63.2M | −$29.1M | $58.6M | $33.4M | $23.9M |
| Net income | $62.5M | $26.6M | −$46.3M | $30.0M | $8.7M | $13.5M |
| Total assets | $1.08B | $1.14B | $1.12B | $1.23B | $1.18B | $827.7M |
| Total liabilities | $724.8M | $799.4M | $777.1M | $851.9M | $833.9M | $498.3M |
| Equity | $354.1M | $339.7M | $338.6M | $379.8M | $341.5M | $329.5M |
| EPS (diluted) | $0.77 | $0.29 | $-0.51 | — | — | — |
| Shares out. | 78.6M | 87.2M | 86.7M | 86.3M | 85.3M | 78.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- 21.4%
- Net margin
- 13.8%
- Return on equity
- 17.6%
- Return on assets
- 5.8%
- Return on capital (ROCE)
- 10.7%
- Liabilities / assets
- 67.2%
- Debt / equity
- 2.05×
- Book value / share
- $4.50
- Revenue growth (YoY)
- −3.2%
- Net income growth (YoY)
- 135.1%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2023- Altman Z″ (distress)
- 0.25distress
- Accruals / assets
- −3.8%clean
- Piotroski F-Score
- 8/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 1 warning● 4 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue declined year-over-year
- Operating margin is positive
- Strong return on equity (>15%)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 17, 2021
- NT 10-Qmissed a reporting deadline ↗Aug 9, 2013
- NT 11-Kmissed a reporting deadline ↗Jun 27, 2013
- NT 10-Qmissed a reporting deadline ↗May 13, 2013
- NT 10-Kmissed a reporting deadline ↗Mar 4, 2013
- NT 10-Qmissed a reporting deadline ↗Nov 13, 2012
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylaws · Other material eventJul 10, 2024
- Other material eventMay 29, 2024
- Entered a material agreement · Director / officer change · Other material eventMay 20, 2024
- Results of operationsMay 10, 2024
- Director / officer changeApr 8, 2024
- Other material eventMar 14, 2024
- Results of operationsMar 11, 2024
- Other material eventJan 30, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.