Performance Shipping (PSHG) Gross Margin (2020 - 2026)
Performance Shipping (PSHG) recorded Gross Margin of 94.94% in Q2 2026, down 2.25 percentage points from 97.19% a year earlier but up 0.76 percentage points from the prior quarter.
Performance Shipping (PSHG) Gross Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Performance Shipping's Gross Margin came in at 94.45% as of Jun 30, 2026, up 0.74 percentage points year-over-year; for FY2025, it came in at 93.84%, down 1.31 percentage points from FY2024.
- Annual Gross Margin has a five-year change of +28.17 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 95.15% in FY2024 (-0.84 pp), 96.00% in FY2023 (+15.77 pp), 80.23% in FY2022 (+32.86 pp) and 47.37% in FY2021 (-18.30 pp).
- Quarterly Gross Margin has ranged from 46.02% in Q3 2021 to 97.19% in Q2 2025 over the past five years.
- On a year-over-year basis, Gross Margin rose in three of the last eight quarters, with an average year-over-year change of -0.89 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 39.19 percentage points in Q3 2022, against a drop of 24.19 percentage points in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 94.18% (Q1 2026), 93.99% (Q4 2025) and 94.71% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | - |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | - |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | - |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | - |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | - |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | - |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 61.47% |
| 10 | Performance Shipping | 3.24 Mn | 3.24 Mn | 32.91 Mn | 94.94% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 94.94% |
| Mar 31, 2026 | 94.18% |
| 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% |
Performance Shipping Gross 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=gross-margin&ticker=PSHG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PSHG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PSHG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();