Himalaya Shipping (HSHP) Asset Utilization Ratio (2023 - 2026)
Himalaya Shipping (HSHP) reported Asset Utilization Ratio of 0.17 for Q1 2026, up 20.9% on a YoY basis from 0.14 in Q1 2025, and up 9.79% quarter-over-quarter from 0.15 in Q4 2025.
Himalaya Shipping (HSHP) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
Himalaya Shipping has reported Asset Utilization Ratio for 4 years, with the latest figure at 0.17 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio rose 20.9% year-over-year to 0.17; the trailing twelve-month figure through Mar 2026 stood at 0.17 (up 20.9% YoY), and the FY2025 full-year result was 0.15, down 9.48% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.17, up from 0.15 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.17 in Q1 2026, with the low at 0.06 in Q4 2023.
- Historically, Asset Utilization Ratio has averaged 0.13 across 4 years, with a median of 0.14 in 2025.
- Annual changes were most pronounced in 2024 — Asset Utilization Ratio jumped 120.35% — and 2025, when it advanced 9.28%.
- Himalaya Shipping's Asset Utilization Ratio 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 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 0.51 |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 0.56 |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 0.72 |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 0.23 |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 0.27 |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 0.58 |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 0.21 |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 0.23 |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Himalaya Shipping | 1.61 | 1.61 | 26.20 Mn | 0.17 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |