Performance Shipping (PSHG) Rent Expense (2010 - 2026)
Performance Shipping (PSHG) posted Rent Expense of $7.86 million for Q1 2026, up 9.6% from $7.17 million a year earlier but down 6.9% from the prior quarter.
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Analysis
Performance Shipping (PSHG) Rent Expense (2010 - 2026) Analysis & Trends
For the trailing twelve months through Mar 31, 2026, Rent Expense at Performance Shipping was $34.17 million, up 12.5% year-over-year; for FY2025, it came in at $8.38 million, up 8.7% from FY2024.
- Annual Rent Expense has increased for three consecutive years, with a five-year compound annual growth rate of 4.2% (FY2020 to FY2025).
- In prior years, Performance Shipping's Rent Expense was $7.71 million in FY2024 (+2.3%), $7.54 million in FY2023 (+12.8%), $6.68 million in FY2022 (-0.8%) and $6.74 million in FY2021 (-1.4%).
- Quarterly Rent Expense has run from a low of $6.04 million in Q3 2022 to a high of $9.5 million in Q3 2025 over five years.
- On a year-over-year basis, Rent Expense has increased in each of the last four quarters, with growth averaging 6.0% over the last eight quarters.
- The strongest year-over-year quarter for Rent Expense in the past five years was Q4 2021, with growth of 29.7%; the weakest was Q4 2022, with a decline of 15.3%.
- According to Business Quant data, Rent Expense for the three prior quarters was $8.44 million (Q4 2025), $9.5 million (Q3 2025) and $8.37 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.83 Bn | 157.35 Bn | - | 214.00 Mn |
| 2 | Csx | 86.94 Bn | 83.15 Bn | - | 97.00 Mn |
| 3 | Canadian Pacific Kansas City | 76.07 Bn | 75.78 Bn | - | - |
| 4 | United Parcel Service | 70.39 Bn | 47.31 Bn | - | - |
| 5 | Norfolk Southern | 70.35 Bn | 64.99 Bn | - | - |
| 6 | Fedex | 68.01 Bn | 33.95 Bn | - | 1.25 Bn |
| 7 | Delta Air Lines | 55.83 Bn | 38.01 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.82 Bn | 36.08 Bn | - | - |
| 9 | Ryanair Holdings | 28.96 Bn | 12.97 Bn | 3.13 Bn | - |
| 10 | Performance Shipping | 3.24 Mn | 3.24 Mn | 32.91 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 7.86 Mn |
| Dec 31, 2025 | 8.44 Mn |
| Sep 30, 2025 | 9.50 Mn |
| Jun 30, 2025 | 8.37 Mn |
| Mar 31, 2025 | 7.17 Mn |
| Dec 31, 2024 | 7.85 Mn |
| Sep 30, 2024 | 7.42 Mn |
| Jun 30, 2024 | 7.93 Mn |
| Mar 31, 2024 | 7.65 Mn |
| Dec 31, 2023 | 8.38 Mn |
| Sep 30, 2023 | 7.51 Mn |
| Jun 30, 2023 | 7.13 Mn |
| Mar 31, 2023 | 7.14 Mn |
| Dec 31, 2022 | 6.89 Mn |
| Sep 30, 2022 | 6.04 Mn |
| Jun 30, 2022 | 6.48 Mn |
| Mar 31, 2022 | 7.39 Mn |
| Dec 31, 2021 | 8.13 Mn |
| Sep 30, 2021 | 6.05 Mn |
| Jun 30, 2021 | 6.38 Mn |
API Access
Performance Shipping Rent Expense 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=rent-expense&ticker=PSHG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rent-expense", "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=rent-expense&ticker=PSHG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();