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
DateValue
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