Himalaya Shipping (HSHP) Net Margin (2023 - 2026)
Himalaya Shipping (HSHP) reported Net Margin of 14.88% for Q1 2026, up 1500.0% on a YoY basis from 0.93% in Q1 2025, and down 53.59% quarter-over-quarter from 32.07% in Q4 2025.
Himalaya Shipping (HSHP) Net Margin (2023 - 2026) Analysis & Trends
Himalaya Shipping has reported Net Margin for 4 years, with the latest figure at 14.88% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 1500.0% year-over-year to 14.88%; the trailing twelve-month figure through Mar 2026 stood at 20.28% (up 505.0% YoY), and the FY2025 full-year result was 13.42%, down 365.0% from the prior year.
- Net Margin for Q1 2026 stood at 14.88%, down from 32.07% in the prior quarter.
- The five-year high for Net Margin was 32.07% in Q4 2025, with the low at 19.08% in Q3 2023.
- Historically, Net Margin has averaged 9.77% across 4 years, with a median of 10.67% in 2024.
- The largest YoY upside for Net Margin was 4613 bps in 2024 against a maximum downside of 2140 bps in 2024.
- Himalaya Shipping's Net Margin stood at 25.14% in 2023, then plunged by 85 bps to 3.74% in 2024, then jumped by 757 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 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 47.37% |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 0.97% |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 7.47% |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 48.83% |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | -16.74% |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | -6.16% |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 37.35% |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 89.55% |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Himalaya Shipping | 1.61 | 1.61 | 26.20 Mn | 14.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.88% |
| Dec 31, 2025 | 32.07% |
| Sep 30, 2025 | 25.07% |
| Jun 30, 2025 | 3.68% |
| Mar 31, 2025 | -0.12% |
| Dec 31, 2024 | 3.74% |
| Sep 30, 2024 | 27.05% |
| Jun 30, 2024 | 22.12% |
| Mar 31, 2024 | 10.67% |
| Dec 31, 2023 | 25.14% |
| Sep 30, 2023 | -19.08% |
| Jun 30, 2023 | -16.56% |
| Mar 31, 2023 | -1.60% |