Golar LNG Profit Margin 2010-2024 | GLNG
Current and historical gross margin, operating margin and net profit margin for Golar LNG (GLNG) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Golar LNG net profit margin as of September 30, 2024 is 19.09%.
| Golar LNG Annual Profit Margins |
| Golar LNG Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - International Integrated |
$3.971B |
$0.260B |
|
Golar LNG Limited is a midstream LNG company. The company is primarily involved in transportation and regasification of LNG and the liquefaction of natural gas. It focuses on acquisition, ownership, operation and chartering of LNG carriers and FSRUs. It is also involved in the development of LNG projects including the provision of FLNGs via its subsidiaries, affiliates and joint ventures. The company aims at delivering reliable, safe and cost-efficient LNG shipping and FSRU operations. Given the company's experience in converting LNG carriers into FSRUs, it has successfully converted one of its LNG carriers, the Hilli, into an FLNG. Golar Partners was formed to own vessels with long-term charters to distribute the different risk profiles of various types of vessel under Golar's control or its affiliate. Golar Power was formed as a joint venture to provide integrated LNG based downstream solutions with the ownership and operation of FSRUs as well as associated terminal and power generation infrastructure.
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