Himalaya Shipping Ltd. (HSHP) Operating Margin (2023 - 2026)
Himalaya Shipping (HSHP) reported Operating Margin of 68.34% for the quarter ended Jun 30, 2026, up 22.86 percentage points from 45.48% a year earlier and up 17.15 percentage points from the prior quarter.
Himalaya Shipping Ltd. (HSHP) Operating Margin (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Himalaya Shipping's Operating Margin came in at 60.91%, up 13.10 percentage points year-over-year; for the year ended Dec 31, 2025, it was 51.71%, down 2.26 percentage points from the prior year.
- By year, Operating Margin came in at 53.96% in the year ended Dec 31, 2024 (+14.18 pp) and 39.78% in the year ended Dec 31, 2023.
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Operating Margin in data going back to the quarter ended Mar 31, 2023.
- Year over year, Operating Margin has now increased in each of the last three quarters, with an average year-over-year change of +6.52 percentage points over the last eight quarters.
- The high point for year-over-year Operating Margin in five years was the quarter ended Jun 30, 2024 (a gain of 32.96 percentage points); the low point was the quarter ended Mar 31, 2025 (a drop of 18.87 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 51.19% (quarter ended Mar 31, 2026), 61.76% (quarter ended Dec 31, 2025) and 58.05% (quarter ended Sep 30, 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.34% |
| Mar 31, 2026 | 51.19% |
| Dec 31, 2025 | 61.76% |
| Sep 30, 2025 | 58.05% |
| Jun 30, 2025 | 45.48% |
| Mar 31, 2025 | 29.55% |
| Dec 31, 2024 | 47.30% |
| Sep 30, 2024 | 60.20% |
| Jun 30, 2024 | 56.09% |
| Mar 31, 2024 | 48.42% |
| Dec 31, 2023 | 53.73% |
| Sep 30, 2023 | 28.97% |
| Jun 30, 2023 | 23.13% |
| Mar 31, 2023 | 17.82% |
Himalaya Shipping Ltd. Operating 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=operating-margin&ticker=HSHP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=HSHP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();