Ocean Bio-Chem Net Income 2024

Ocean Bio-Chem Net Income

8.4 M USD

Ocean Bio-Chem Dividend yield

0.92 %

Ticker

OBCI

ISIN

US6746311066

WKN

884372

In 2024, Ocean Bio-Chem's profit amounted to 8.4 M USD, a -12.64% increase from the 9.62 M USD profit recorded in the previous year.

The Ocean Bio-Chem Net Income history

YEARNET INCOME (undefined USD)
20218.4
20209.62
20193.5
20182.8
20172.6
20162.1
20150.46
20142.05
20131.46
20121.96
20112.39
20102.02
20091.05
20080.15
20070.73
20060.39
2005-1.81
20040.02
20030.34
20020.13

Ocean Bio-Chem Aktienanalyse

What does Ocean Bio-Chem do?

Ocean Bio-Chem Inc. is an American company specializing in the development, manufacturing, and distribution of chemical products. The company is based in Fort Lauderdale, Florida and was founded in 1973. Its history began with the development of a product called "Starbrite," a cleaning solution for the marine industry. Since then, Ocean Bio-Chem Inc. has expanded its product range to serve the marine, automotive, RV, pool, household, and garden industries. The company has two divisions: Marine and Consumer. The Marine division offers a wide range of cleaning and care products for boats and ships, while the Consumer division provides products for various applications such as automotive care, household cleaning, and pest control. In recent years, Ocean Bio-Chem Inc. has added CBD products to its portfolio under the brand "PurWell." The company emphasizes quality and invests in research and development. It has established a strong market position in the United States and continues to expand internationally. Ocean Bio-Chem ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Ocean Bio-Chem's Profit Margins

The profit margins of Ocean Bio-Chem represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Ocean Bio-Chem's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Ocean Bio-Chem's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Ocean Bio-Chem's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Ocean Bio-Chem’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Ocean Bio-Chem Stock

How much profit has Ocean Bio-Chem made this year?

Ocean Bio-Chem has made 8.4 M USD this year.

How has the profit developed compared to last year?

The profit has increased by -12.64% compared to last year fallen

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Ocean Bio-Chem publish its earnings?

Ocean Bio-Chem publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Ocean Bio-Chem?

The profits of Ocean Bio-Chem are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Ocean Bio-Chem?

You can learn more about the earnings of Ocean Bio-Chem by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Ocean Bio-Chem pay?

Over the past 12 months, Ocean Bio-Chem paid a dividend of 0.12 USD . This corresponds to a dividend yield of about 0.92 %. For the coming 12 months, Ocean Bio-Chem is expected to pay a dividend of 0.12 USD.

What is the dividend yield of Ocean Bio-Chem?

The current dividend yield of Ocean Bio-Chem is 0.92 %.

When does Ocean Bio-Chem pay dividends?

Ocean Bio-Chem pays a quarterly dividend. This is distributed in the months of October, January, April, July.

How secure is the dividend of Ocean Bio-Chem?

Ocean Bio-Chem paid dividends every year for the past 6 years.

What is the dividend of Ocean Bio-Chem?

For the upcoming 12 months, dividends amounting to 0.12 USD are expected. This corresponds to a dividend yield of 0.92 %.

In which sector is Ocean Bio-Chem located?

Ocean Bio-Chem is assigned to the 'Non-cyclical consumption' sector.

Wann musste ich die Aktien von Ocean Bio-Chem kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Ocean Bio-Chem from 6/23/2022 amounting to 0.04 USD, you needed to have the stock in your portfolio before the ex-date on 6/7/2022.

When did Ocean Bio-Chem pay the last dividend?

The last dividend was paid out on 6/23/2022.

What was the dividend of Ocean Bio-Chem in the year 2023?

In the year 2023, Ocean Bio-Chem distributed 0.06 USD as dividends.

In which currency does Ocean Bio-Chem pay out the dividend?

The dividends of Ocean Bio-Chem are distributed in USD.

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Andere Kennzahlen von Ocean Bio-Chem

Our stock analysis for Ocean Bio-Chem Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Ocean Bio-Chem Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.