Golar LNG Limited Gross Margin

Gross Margin of GLNG for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Margin growth rates and interactive chart. Gross profit margin shows the percentage of revenue that exceeds a company's costs of goods sold. It illustrates how well a company is generating revenue from the costs involved in producing their products and services. The higher the margin, the more effective the company's management is in generating revenue for each dollar of cost. Gross profit margin is calculated by subtracting the cost of goods sold from total revenue for the period and dividing that number by revenue. If a company has $200 million in revenue and $80 million in cost of goods sold, the gross margin is 60%.

Highlights and Quick Summary

  • Gross Margin for the quarter ending September 29, 2020 was 69.83% (a -6.62% decrease compared to previous quarter)
  • Year-over-year quarterly Gross Margin decreased by -8.32%
  • Annual Gross Margin for 2020 was 72.29% (a 12.39% increase from previous year)
  • Annual Gross Margin for 2019 was 64.32% (a 21.52% increase from previous year)
  • Annual Gross Margin for 2018 was 52.93% (a 188.92% increase from previous year)
  • Twelve month Gross Margin ending September 29, 2020 was 73.27% (a 1.3% increase compared to previous quarter)
  • Twelve month trailing Gross Margin increased by 13.91% year-over-year
Trailing Gross Margin for the last four month:
29 Sep '20 29 Jun '20 30 Mar '20 30 Dec '19
73.27% 72.33% 67.74% 64.32%
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Historical Gross Margin of Golar LNG Limited

Most recent Gross Marginof GLNG including historical data for past 10 years.

Interactive Chart of Gross Margin of Golar LNG Limited

Golar LNG Limited Gross Margin for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 – 69.83% 74.78% 71.39% 72.29%
2019 76.17% 65.54% 53.23% 58.22% 64.32%
2018 61.97% 56.47% 37.72% 35.13% 52.93%
2017 36.55% 17.0% 15.84% -18.97% 18.32%
2016 -4.31% -6.68% -42.74% -61.22% -25.5%
2015 -8.8% 5.39% -79.83% -18.93% -22.12%
2014 30.08% 39.86% 28.73% 5.18% 27.55%
2013 6.48% 13.25% 49.54% 68.39% 41.89%
2012 75.56% 81.21% 80.49% 65.5% 76.48%
2011 76.8% 80.29% 76.96% 73.56% 77.02%
2010 73.06% 68.63% 60.32% – 65.08%

Business Profile of Golar LNG Limited

Sector: Energy
Industry: Oil & Gas Midstream
Golar LNG Limited provides infrastructure for the liquefaction, transportation, regasification, and downstream distribution of LNG. It operates through three segments: Vessel Operations, Floating Liquefaction Natural Gas Vessel (FLNG), and Power. The company engages in the acquisition, ownership, operation, and chartering of LNG carriers, FLNG, and floating storage regasification units (FSRUs); and the development of gas to power projects, as well as LNG distribution operations. As of April 16, 2020, it operated twelve LNG carriers, one FSRU, and two FLNGs. The company was founded in 1946 and is headquartered in Hamilton, Bermuda.
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