Himalaya Shipping (HSHP) EBITDA Margin (2023 - 2026)
Himalaya Shipping's (HSHP) quarterly EBITDA Margin came in at 72.92% in Q1 2026, up 1019.0% YoY from 6.52% in Q1 2025, and down 7.81% on a QoQ basis from 79.1% in Q4 2025.
Himalaya Shipping (HSHP) EBITDA Margin (2023 - 2026) Analysis & Trends
Himalaya Shipping (HSHP) has 4 years of EBITDA Margin data on file, last reported at 72.92% in Q1 2026.
- Quarterly EBITDA Margin rose 1019.0% year-over-year to 72.92% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 65.09% (down 867.0% YoY) and the FY2025 annual result came in at 73.84%, down 156.0% from the prior year.
- EBITDA Margin slipped to 72.92% in Q1 2026, from 79.1% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 79.1% in Q4 2025 to a low of 17.82% in Q1 2023.
- A 4-year average of 60.5% and a median of 71.96% in 2024 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2024 — EBITDA Margin soared 5375 bps — and 2025, when it sank 5580 bps.
- Tracing HSHP's EBITDA Margin over 4 years: stood at 73.27% in 2023, then dropped by 2 bps to 71.96% in 2024, then rose by 10 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 13.27% |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 16.39% |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 66.68% |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -23.34% |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 33.15% |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 68.94% |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 59.58% |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 96.95% |
| 10 | Himalaya Shipping | 766.47 Mn | 766.47 Mn | 46.60 Mn | 68.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 68.34% |
| Mar 31, 2026 | 72.92% |
| Dec 31, 2025 | 79.10% |
| Sep 30, 2025 | 77.31% |
| Jun 30, 2025 | 21.07% |
| Mar 31, 2025 | 62.73% |
| Dec 31, 2024 | 71.96% |
| 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% |