Seanergy Maritime Holdings (SHIP) Gross Margin (2009 - 2026)
Seanergy Maritime Holdings (SHIP) posted Gross Margin of 96.8% for Q1 2026, down 0.95% sequentially from 97.73% in Q4 2025, and down 24.0% YoY from 127.37% in Q1 2025.
Seanergy Maritime Holdings (SHIP) Gross Margin (2009 - 2026) Analysis & Trends
Seanergy Maritime Holdings has reported Gross Margin for 15 years, with the latest figure at 96.8% in Q1 2026.
- Quarterly Gross Margin fell 24.0% year-over-year to 96.8% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 96.5% (down 138.0% YoY) and the FY2025 annual result came in at 96.51%, down 153.0% from the prior year.
- Gross Margin retreated to 96.8% in Q1 2026 per SHIP's latest filing, from 97.73% in the prior quarter.
- Over five years, Gross Margin peaked at 98.27% in Q4 2024 and troughed at 94.56% in Q3 2025.
- A 5-year average of 97.09% and a median of 97.27% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2025: Gross Margin surged 556 bps in 2022, then sank 360 bps in 2025.
- Over 5 years, Gross Margin stood at 97.27% in 2022, then increased by 1 bps to 98.04% in 2023, then advanced by 0 bps to 98.27% in 2024, then slipped by 1 bps to 97.73% in 2025, then fell by 1 bps to 96.8% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 96.8%, 97.73%, and 94.56% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.46 Bn | 7.42 Bn | 290.80 Mn | 31.53% |
| 2 | Matson | 6.58 Bn | 6.46 Bn | - | - |
| 3 | Hafnia | 3.91 Bn | 3.80 Bn | 152.41 Mn | 67.88% |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.55 Bn | 57.20 Mn | 4.10% |
| 5 | Star Bulk Carriers | 3.37 Bn | 2.87 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 79.34% |
| 7 | Okeanis Eco Tankers | 2.45 Bn | 2.23 Bn | 12,231.53 Bn | 2,501,247.17% |
| 8 | Navios Maritime Partners | 2.38 Bn | 1.97 Bn | 326.09 Mn | 91.34% |
| 9 | Costamare | 1.81 Bn | 1.51 Bn | 185.32 Mn | 92.31% |
| 10 | Seanergy Maritime Holdings | 2.91 Mn | 2.91 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 96.80% |
| Dec 31, 2025 | 97.73% |
| Sep 30, 2025 | 94.56% |
| Jun 30, 2025 | 96.98% |
| Mar 31, 2025 | 97.04% |
| Dec 31, 2024 | 98.27% |
| Sep 30, 2024 | 98.16% |
| Jun 30, 2024 | 97.71% |
| Mar 31, 2024 | 97.98% |
| Dec 31, 2023 | 98.04% |
| Sep 30, 2023 | 96.85% |
| Jun 30, 2023 | 97.70% |
| Mar 31, 2023 | 96.36% |
| Dec 31, 2022 | 97.27% |
| Sep 30, 2022 | 97.45% |
| Jun 30, 2022 | 94.92% |
| Mar 31, 2022 | 96.70% |
| Dec 31, 2021 | 96.49% |
| Sep 30, 2021 | 91.88% |
| Sep 30, 2018 | 65.41% |