Himalaya Shipping (HSHP) Asset Utilization Ratio (2023 - 2026)
Himalaya Shipping's (HSHP) quarterly Asset Utilization Ratio came in at 0.17 in Q1 2026, up 20.9% YoY from 0.14 in Q1 2025, and up 9.79% on a QoQ basis from 0.15 in Q4 2025.
Himalaya Shipping (HSHP) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
Himalaya Shipping (HSHP) has 4 years of Asset Utilization Ratio data on file, last reported at 0.17 in Q1 2026.
- Quarterly Asset Utilization Ratio rose 20.9% year-over-year to 0.17 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.17 (up 20.9% YoY) and the FY2025 annual result came in at 0.15, down 9.48% from the prior year.
- Asset Utilization Ratio improved to 0.17 in Q1 2026, from 0.15 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.17 in Q1 2026 to a low of 0.06 in Q4 2023.
- A 4-year average of 0.13 and a median of 0.14 in 2025 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2024 — Asset Utilization Ratio jumped 120.35% — and 2025, when it advanced 9.28%.
- Tracing HSHP's Asset Utilization Ratio over 4 years: stood at 0.06 in 2023, then surged by 120.35% to 0.14 in 2024, then rose by 9.28% to 0.15 in 2025, then grew by 9.79% to 0.17 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.17 (Q1 2026), 0.15 (Q4 2025), and 0.14 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 0.57 |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 0.74 |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 0.27 |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | 0.58 |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 0.20 |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 0.34 |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 0.23 |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 0.21 |
| 10 | Himalaya Shipping | 766.47 Mn | 766.47 Mn | 46.60 Mn | 0.20 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.20 |
| Mar 31, 2026 | 0.17 |
| Dec 31, 2025 | 0.15 |
| Sep 30, 2025 | 0.14 |
| Jun 30, 2025 | 0.14 |
| Mar 31, 2025 | 0.14 |
| Dec 31, 2024 | 0.14 |
| Sep 30, 2024 | 0.13 |
| Jun 30, 2024 | 0.10 |
| Mar 31, 2024 | 0.09 |
| Dec 31, 2023 | 0.06 |