Himalaya Shipping (HSHP) Net Margin (2023 - 2026)
Himalaya Shipping (HSHP) posted Net Margin of 14.88% for Q1 2026, down 53.59% on a QoQ basis from 32.07% in Q4 2025, and up 4397.0% year-over-year from 0.33% in Q1 2025.
Himalaya Shipping (HSHP) Net Margin (2023 - 2026) Analysis & Trends
Himalaya Shipping's Net Margin history runs 4 years deep, the most recent figure standing at 14.88% for 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 1022.0% YoY) and the FY2025 annual result came in at 13.42%, down 365.0% from the prior year.
- Net Margin was 14.88% for Q1 2026 at Himalaya Shipping, down from 32.07% in the prior quarter.
- Across five years, Net Margin topped out at 32.07% in Q4 2025 and bottomed at 29.09% in Q1 2025.
- A 4-year average of 7.55% 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 4630 bps — and 2025, when it plunged 3966 bps.
- Himalaya Shipping's 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 tumbled by 54 bps to 14.88% in 2026.
- Business Quant data shows HSHP's Net Margin at 14.88% in Q1 2026, 32.07% in Q4 2025, and 25.07% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn | -6.18% |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn | 55.35% |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn | 20.42% |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn | 22.48% |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 | 13,075.78% |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn | 10.80% |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - | 7.47% |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | 49.85% |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - | - |
| 10 | Himalaya Shipping | 721.81 Mn | 721.81 Mn | 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 | -29.09% |
| Dec 31, 2024 | 3.74% |
| Sep 30, 2024 | 27.22% |
| 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% |