Himalaya Shipping (HSHP) Gross Margin (2023 - 2026)
Himalaya Shipping (HSHP) reported Gross Margin of 86.78% for the quarter ended Jun 30, 2026, up 10.52 percentage points from 76.25% a year earlier but down 11.73 percentage points from the prior quarter.
Himalaya Shipping (HSHP) Gross Margin (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Himalaya Shipping's Gross Margin came in at 94.80%, up 1.59 percentage points year-over-year; for the year ended Dec 31, 2025, it was 78.77%, down 1.97 percentage points from the prior year.
- By year, Gross Margin came in at 80.74% in the year ended Dec 31, 2024 (+4.18 pp) and 76.57% in the year ended Dec 31, 2023.
- Five-year quarterly Gross Margin spans a low of 73.50% in the quarter ended Jun 30, 2023 and a high of 99.09% in the quarter ended Mar 31, 2025.
- Year over year, Gross Margin gained in four of the last eight quarters, with an average year-over-year change of +0.60 percentage points.
- The high point for year-over-year Gross Margin in five years was the quarter ended Jun 30, 2026 (a gain of 10.52 percentage points); the low point was the quarter ended Jun 30, 2025 (a drop of 5.80 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 98.51% (quarter ended Mar 31, 2026), 98.57% (quarter ended Dec 31, 2025) and 98.68% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | - |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | - |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | - |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | - |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | - |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | - |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 61.47% |
| 10 | Himalaya Shipping | 808.91 Mn | 809.31 Mn | 46.60 Mn | 86.78% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 86.78% |
| Mar 31, 2026 | 98.51% |
| Dec 31, 2025 | 98.57% |
| Sep 30, 2025 | 98.68% |
| Jun 30, 2025 | 76.25% |
| Mar 31, 2025 | 99.09% |
| Dec 31, 2024 | 98.31% |
| Sep 30, 2024 | 98.98% |
| Jun 30, 2024 | 82.05% |
| Mar 31, 2024 | 98.58% |
| Dec 31, 2023 | 98.72% |
| Sep 30, 2023 | 98.42% |
| Jun 30, 2023 | 73.50% |
Himalaya Shipping Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=HSHP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "HSHP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=HSHP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();