Performance Shipping (PSHG) Gross Margin (2020 - 2025)
Performance Shipping (PSHG) reported Gross Margin of 93.99% for Q4 2025, up 256.0% on a YoY basis from 26.4% in Q4 2024, and down 0.77% sequentially from 94.71% in Q3 2025.
Performance Shipping (PSHG) Gross Margin (2020 - 2025) Analysis & Trends
Performance Shipping (PSHG) has 6 years of Gross Margin data on file, last reported at 93.99% in Q4 2025.
- For the quarter ending Q4 2025, Gross Margin rose 256.0% year-over-year to 93.99%; the trailing twelve-month figure through Dec 2025 stood at 93.84% (down 131.0% YoY), and the FY2025 full-year result was 93.84%, down 131.0% from the prior year.
- Gross Margin retreated to 93.99% in Q4 2025, from 94.71% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 97.19% in Q2 2025 to a low of 41.22% in Q1 2021.
- A 5-year average of 81.62% and a median of 92.71% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 2419 bps in 2021 and jumped 3919 bps in 2022, its largest moves.
- Tracing PSHG's Gross Margin over 5 years: stood at 56.96% in 2021, then jumped by 58 bps to 89.78% in 2022, then rose by 6 bps to 95.29% in 2023, then slipped by 4 bps to 91.43% in 2024, then grew by 3 bps to 93.99% in 2025.
- Business Quant data shows PSHG's Gross Margin at 93.99% in Q4 2025, 94.71% in Q3 2025, and 97.19% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn | 4.10% |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn | 80.30% |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn | 49.51% |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn | 97.46% |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 | 65.99% |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn | 34.20% |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - | - |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | 67.88% |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - | - |
| 10 | Performance Shipping | 22.25 Mn | 21.16 Mn | 24.59 Mn | 93.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 93.99% |
| Sep 30, 2025 | 94.71% |
| Jun 30, 2025 | 97.19% |
| Mar 31, 2025 | 90.07% |
| Dec 31, 2024 | 91.43% |
| Sep 30, 2024 | 96.53% |
| Jun 30, 2024 | 96.20% |
| Mar 31, 2024 | 96.41% |
| Dec 31, 2023 | 95.29% |
| Sep 30, 2023 | 97.02% |
| Jun 30, 2023 | 96.90% |
| Mar 31, 2023 | 94.78% |
| Dec 31, 2022 | 89.78% |
| Sep 30, 2022 | 85.21% |
| Jun 30, 2022 | 67.87% |
| Mar 31, 2022 | 60.55% |
| Dec 31, 2021 | 56.96% |
| Sep 30, 2021 | 46.02% |
| Jun 30, 2021 | 44.28% |
| Mar 31, 2021 | 41.22% |