Himalaya Shipping (HSHP) EBITDA Margin (2023 - 2026)
Himalaya Shipping (HSHP) reported EBITDA Margin of 72.92% for Q1 2026, up 1019.0% on a YoY basis from 6.52% in Q1 2025, and down 7.81% quarter-over-quarter from 79.1% in Q4 2025.
Himalaya Shipping (HSHP) EBITDA Margin (2023 - 2026) Analysis & Trends
Himalaya Shipping has reported EBITDA Margin for 4 years, with the latest figure at 72.92% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin rose 1019.0% year-over-year to 72.92%; the trailing twelve-month figure through Mar 2026 stood at 70.17% (up 5543.0% YoY), and the FY2025 full-year result was 13.42%, down 365.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 72.92%, down from 79.1% in the prior quarter.
- The five-year high for EBITDA Margin was 79.1% in Q4 2025, with the low at 171.28% in Q4 2024.
- Historically, EBITDA Margin has averaged 43.67% across 4 years, with a median of 71.44% in 2024.
- Annual changes were most pronounced in 2024 — EBITDA Margin slumped 24455 bps — and 2025, when it soared 25038 bps.
- Himalaya Shipping's EBITDA Margin stood at 73.27% in 2023, then plunged by 334 bps to 171.28% in 2024, then jumped by 146 bps to 79.1% in 2025, then declined by 8 bps to 72.92% in 2026.
- The last three EBITDA Margin figures came in at 72.92% (Q1 2026), 79.1% (Q4 2025), and 77.31% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 59.61% |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | -31.42% |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 7.40% |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 66.68% |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 25.53% |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | -23.34% |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 48.28% |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 57.17% |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Himalaya Shipping | 1.61 | 1.61 | 26.20 Mn | 72.92% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 72.92% |
| Dec 31, 2025 | 79.10% |
| Sep 30, 2025 | 77.31% |
| Jun 30, 2025 | 45.48% |
| Mar 31, 2025 | 62.73% |
| Dec 31, 2024 | -171.28% |
| Sep 30, 2024 | 78.83% |
| Jun 30, 2024 | 76.88% |
| Mar 31, 2024 | 71.44% |
| Dec 31, 2023 | 73.27% |
| Sep 30, 2023 | 60.03% |
| Jun 30, 2023 | 23.13% |
| Mar 31, 2023 | 17.82% |