Himalaya Shipping (HSHP) Net Margin (2023 - 2026)
Himalaya Shipping's (HSHP) quarterly Net Margin came in at 14.88% in Q1 2026, up 4397.0% YoY from 0.33% in Q1 2025, and down 53.59% on a QoQ basis from 32.07% in Q4 2025.
Himalaya Shipping (HSHP) Net Margin (2023 - 2026) Analysis & Trends
Himalaya Shipping (HSHP) has 4 years of Net Margin data on file, last reported at 14.88% in Q1 2026.
- Quarterly Net Margin rose 4397.0% year-over-year to 14.88% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 20.28% (up 1028.0% YoY) and the FY2025 annual result came in at 13.42%, down 365.0% from the prior year.
- Net Margin fell to 14.88% in Q1 2026, from 32.07% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 32.07% in Q4 2025 to a low of 29.09% in Q1 2025.
- A 4-year average of 7.53% and a median of 10.57% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2024 — Net Margin jumped 4612 bps — and 2025, when it sank 3966 bps.
- Tracing HSHP's Net Margin over 4 years: stood at 25.14% in 2023, then plunged by 85 bps to 3.72% in 2024, then surged by 763 bps to 32.07% in 2025, then sank by 54 bps to 14.88% in 2026.
- The last three Net Margin figures came in at 14.88% (Q1 2026), 32.07% (Q4 2025), and 25.07% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 9.74% |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 13.35% |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 49.85% |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -6.18% |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 55.33% |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | -18,060,171.32% |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 107.50% |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 38.54% |
| 10 | Himalaya Shipping | 766.47 Mn | 766.47 Mn | 46.60 Mn | 45.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 45.81% |
| Mar 31, 2026 | 14.88% |
| Dec 31, 2025 | 32.07% |
| Sep 30, 2025 | 25.07% |
| Jun 30, 2025 | 3.68% |
| Mar 31, 2025 | -29.09% |
| Dec 31, 2024 | 3.72% |
| Sep 30, 2024 | 27.04% |
| Jun 30, 2024 | 22.12% |
| Mar 31, 2024 | 10.57% |
| Dec 31, 2023 | 25.14% |
| Sep 30, 2023 | -19.08% |
| Jun 30, 2023 | -16.56% |
| Mar 31, 2023 | -1.60% |