Himalaya Shipping (HSHP) Net Margin (2023 - 2026)
Himalaya Shipping's (HSHP) quarterly Net Margin came in at 45.81% in Q2 2026, up 4213.0% on a YoY basis from 1.06% in Q2 2025, and up 207.84% quarter-over-quarter from 14.88% in Q1 2026.
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Himalaya Shipping (HSHP) Net Margin (2023 - 2026) Analysis & Trends
Himalaya Shipping (HSHP) has reported Net Margin for 4 consecutive years, with 45.81% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 4213.0% year-over-year to 45.81%; the trailing twelve-month figure through Jun 2026 stood at 31.44% (up 2613.0% YoY), and the FY2025 full-year result was 13.42%, down 365.0% from the prior year.
- Net Margin rose to 45.81% in Q2 2026 per HSHP's latest filing, from 14.88% in the prior quarter.
- Across five years, Net Margin topped out at 45.81% in Q2 2026 and bottomed at 29.09% in Q1 2025.
- Historically, Net Margin has averaged 10.27% across 4 years, with a median of 12.72% in 2026.
- The sharpest annual moves came in 2024 and 2025: Net Margin jumped 4613 bps in 2024, then slumped 3966 bps in 2025.
- Over 4 years, Net Margin stood at 25.14% in 2023, then slumped by 85 bps to 3.74% in 2024, then soared by 757 bps to 32.07% in 2025, then surged by 43 bps to 45.81% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 45.81%, 14.88%, and 32.07% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 70.00% |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 9.74% |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 13.35% |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 63.09% |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 34.40% |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 59.92% |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 109.93% |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 3.57% |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 37.70% |
| 10 | Himalaya Shipping | 835.05 Mn | 835.05 Mn | 46.60 Mn | 45.81% |
Historic Data
Download Data
Historic 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 | 3.74% |
| Sep 30, 2024 | 27.05% |
| 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% |