ZIM Integrated Shipping Services (ZIM) Other Operating Expenses (2022 - 2024)
ZIM Integrated Shipping Services (ZIM) posted quarterly Other Operating Expenses of -$6.2 million for Q3 2024, down 47.62% year-over-year from -$11.8 million in Q4 2023, and up 68.21% quarter-over-quarter from -$19.5 million in Q2 2024.
ZIM Integrated Shipping Services (ZIM) Other Operating Expenses (2022 - 2024) Analysis & Trends
ZIM Integrated Shipping Services (ZIM) has reported Other Operating Expenses for 3 consecutive years, with -$6.2 million the latest figure, recorded in Q3 2024.
- In Q3 2024, Other Operating Expenses fell 47.62% year-over-year to -$6.2 million; the TTM figure through Jun 2025 stood at -$6.2 million (up 83.6% YoY), while the FY2023 annual figure was -$10.9 million, up 74.47% from the prior year.
- Other Operating Expenses grew to -$6.2 million in Q3 2024 per ZIM's latest filing, from -$19.5 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at $17.2 million in Q2 2023 and bottomed at -$19.7 million in Q3 2022.
- Historically, Other Operating Expenses has averaged -$8.2 million across 3 years, with a median of -$9.5 million in 2022.
- Annual changes were most pronounced in 2023 — Other Operating Expenses surged 245.76% — and 2024, when it plunged 213.37%.
- ZIM Integrated Shipping Services' Other Operating Expenses stood at -$7.2 million in 2022, then tumbled by 95.83% to -$14.1 million in 2023, then soared by 56.03% to -$6.2 million in 2024.
- Business Quant data shows ZIM's Other Operating Expenses at -$6.2 million in Q3 2024, -$19.5 million in Q2 2024, and -$14.1 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn |
| 10 | Sfl | 1.65 Bn | 1.50 Bn | 106.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -6.20 Mn |
| Jun 30, 2024 | -19.50 Mn |
| Dec 31, 2023 | -14.10 Mn |
| Sep 30, 2023 | -4.20 Mn |
| Jun 30, 2023 | 17.20 Mn |
| Dec 31, 2022 | -7.20 Mn |
| Sep 30, 2022 | -19.70 Mn |
| Jun 30, 2022 | -11.80 Mn |