YOLFTbeta
Performance Shipping Inc

Performance Shipping Inc

PSHG · NASDAQ · Industrials / Marine Shipping

1.97USD-0.05 (-2.48%)

Price History

Full chart

Market Stats

Previous Close2.02
Open2.02
Day Range1.97 – 2.03
52-Week Range1.61 – 2.58
Volume49.20K
Market Cap21.82M
P/E (TTM)1.93
Forward P/E3.20
EPS0.91
Dividend Yield0.00%
Beta-0.15
50-Day Avg1.75
200-Day Avg1.90

About

Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2025, it operated through a fleet of nine Aframax tanker vessels and two Suezmax tanker vessels with a combined carrying capacity of 1,287,118 DWT. The company was incorporated in 2010 and is based in Athens, Greece.

Company Details

  • SectorIndustrials
  • IndustryMarine Shipping
  • CEOMr. Andreas Nikolaos Michalopoulos
  • Employees292
  • Headquarters373 Syngrou Avenue, Athens, Greece, 175 64, USA
  • Websitehttps://www.pshipping.com

Leadership

  • Mr. Andreas Nikolaos MichalopoulosMD, CEO, Secretary & Director · b. 1971
  • Mr. Anthony C. Argyropoulos M.B.A.Chief Financial Officer · b. 1965
  • Captain Nikolaos GavalasOperations Director
  • Andreas MavrommatisChief Accountant
  • Mr. Argyris ChachalisTechnical Director
  • Aikaterini OikonomeaLegal Counsel
  • Captain Panos ChatzikyriakosHSE Director

Financials

Income Statement

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue5.73M26.99M56.63M54.02M54.07M62.18M33.19M23.81M25.57M26.85M42.05M36.49M75.17M108.94M87.44M84.17M
Growth (%)-+370.68%+109.80%-4.62%+0.10%+15.00%-46.62%-28.28%+7.39%+5.01%+56.62%-13.21%+106.00%+44.92%-19.73%-3.74%
Cost of Revenue3.15M11.87M42.85M42.65M37.20M51.61M46.12M32.58M21.66M18.45M29.44M31.51M28.69M41.02M37.33M41.86M
Gross Profit2.58M15.13M13.78M11.37M16.87M10.57M-12.93M-8.78M3.90M8.39M12.60M4.99M46.48M67.92M50.11M42.31M
Gross Margin45.04%56.04%24.34%21.05%31.20%17.01%-38.95%-36.86%15.26%31.27%29.98%13.66%61.84%62.35%57.31%50.26%
Operating Expense4.14M10.05M4.83M64.23M7.02M21.05M129.11M15.84M45.34M40.06M8.33M13.45M6.50M-7.61M8.30M9.73M
Operating Income-1.55M5.08M8.96M-52.86M9.85M-10.47M-142.04M-24.61M-41.44M-31.66M4.27M-8.46M39.98M75.53M41.81M32.58M
Operating Margin-27.10%18.82%15.82%-97.87%18.22%-16.84%-427.91%-103.38%-162.09%-117.95%10.17%-23.18%53.19%69.34%47.82%38.71%
EBITDA-273.00K10.16M21.29M-41.85M20.87M4.49M-125.38M-8.99M-8.03M-5.58M9.90M-9.95M46.11M74.71M56.04M70.69M
EBITDA Margin-4.76%37.63%37.60%-77.49%38.60%7.22%-377.72%-37.78%-31.41%-20.80%23.55%-27.27%61.33%68.58%64.08%83.99%
Net Income-2.00M3.63M5.97M-57.35M3.24M-17.53M-149.01M3.82M-52.90M-32.06M3.78M-9.71M12.00M69.41M43.73M49.97M
Net Income Margin-34.90%13.45%10.54%-106.17%5.99%-28.19%-448.92%16.04%-206.90%-119.41%8.98%-26.60%15.97%63.72%50.01%59.37%
Interest Expense511.29K1.60M3.07M4.42M6.75M7.17M7.09M13.84M11.52M651.00K1.71M1.80M3.97M9.60M1.34M5.64M
Interest Expense % of Total Revenue8.92%5.94%5.41%8.18%12.48%11.52%21.37%58.15%45.06%2.42%4.07%4.94%5.28%8.81%1.54%6.70%

Balance Sheet

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets105.35M210.01M337.05M316.71M409.26M435.72M266.53M232.31M100.09M130.57M157.85M144.92M292.98M296.27M330.39M559.85M
Total Liabilities20.74M3.48M98.29M152.24M152.82M196.55M175.65M101.53M4.51M36.33M61.06M57.58M137.27M63.08M55.15M236.42M
Total Equity84.61M206.53M238.76M164.47M256.44M239.17M90.88M130.77M95.58M94.24M96.80M87.35M155.71M233.18M275.24M323.43M
Cash11.10M41.35M31.53M19.68M91.87M38.39M17.32M6.44M10.49M26.36M21.38M9.57M38.73M67.27M70.31M48.17M
Total Debt18.17M-91.91M148.34M149.16M191.63M172.75M96.95M-32.35M57.67M49.90M127.84M54.98M47.51M222.40M
Net Debt7.07M-41.35M60.38M128.65M57.29M153.24M155.43M90.51M-10.49M5.92M36.29M40.32M89.11M-12.28M-22.80M174.23M

Cash Flow

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-186.53K12.50M31.35M31.74M25.49M17.45M-11.96M-12.65M-330.00K-4.19M13.18M-3.12M33.85M67.95M59.67M50.08M
Investing Cash Flow-93.53M-79.32M-149.96M-81.66M-51.64M-111.75M10.57M6.67M93.15M-18.52M-40.15M-770.00K-112.95M25.72M-47.41M-244.59M
Financing Cash Flow103.76M97.07M108.79M38.08M88.47M41.69M-19.68M4.12M-88.77M38.58M21.98M-7.91M109.25M-65.14M-9.21M172.46M
Capital Expenditure93.53M79.32M149.96M116.78M61.28M119.06M223.00K15.00K126.00K50.22M63.61M1.78M145.58M11.91M47.41M281.54M
Free Cash Flow-93.72M-66.82M-118.61M-85.05M-35.79M-101.61M-12.19M-12.67M-456.00K-54.41M-50.43M-4.91M-111.73M56.04M12.26M-231.46M
Dividends Paid-4.15M28.55M29.67M7.53M739.00K374.00K502.00K502.00K502.00K502.00K0941.00K1.89M1.83M1.83M
FCF to OCF50244.05%-534.37%-378.40%-267.94%-140.43%-582.48%101.86%100.12%138.18%1297.33%-382.77%157.16%-330.10%82.47%20.54%-462.22%
Dividend Paid to FCF--6.22%-24.07%-34.89%-21.05%-0.73%-3.07%-3.96%-110.09%-0.92%-1.00%0.00%-0.84%3.37%14.96%-0.79%

Earnings

Report DateFeb 22, 2011May 6, 2011Aug 3, 2011Nov 22, 2011Feb 23, 2012May 2, 2012Aug 1, 2012Nov 19, 2012Feb 19, 2013May 21, 2013Jul 29, 2013Nov 14, 2013Feb 17, 2014May 13, 2014Jul 28, 2014Nov 24, 2014Feb 27, 2015May 12, 2015Jul 30, 2015Nov 10, 2015Mar 1, 2016May 17, 2016Jul 27, 2016Nov 17, 2016Feb 13, 2017May 22, 2017Jul 25, 2017Nov 17, 2017Feb 20, 2018May 9, 2018Jul 27, 2018Nov 23, 2018Feb 25, 2019May 10, 2019Jul 29, 2019Nov 26, 2019Jan 28, 2020May 18, 2020Jul 30, 2020Nov 16, 2020Mar 5, 2021May 20, 2021Jul 30, 2021Nov 9, 2021Feb 25, 2022Jun 30, 2022Aug 5, 2022Nov 14, 2022Feb 23, 2023Jun 21, 2023Jul 27, 2023Nov 27, 2023Mar 6, 2024May 30, 2024Jul 25, 2024Nov 6, 2024Feb 19, 2025May 28, 2025Jul 29, 2025Nov 25, 2025Dec 31, 2025Mar 31, 2026Jul 29, 2026
EPS Estimate19756.80296369.96592739.92857355.9654331.20874291.381000000.00395159.95370462.4513406.40-160533.73-296369.9674092.494321.8029637.0024697.506350.40-177821.982822.40133366.48-98789.99-172871.97-574216.80-722401.78-713140.22-787232.71-777924.00-516.00--------------8.25-7.20-8.85-5.85-0.66-0.380.200.77--0.280.690.260.270.250.280.280.190.190.170.230.52
EPS Actual-129.58296369.96-444554.94889109.8829635.20592739.92740924.90370462.4574092.4914817.60-148184.98-148184.98460114.3614817.60148184.98148184.984939.20-74092.4974092.49-81501.74-223759.32-518616.00-815017.39-800198.89-616819.98-740924.90-444528.00-19300.49-102.05-6.70-51.60-1.46-0.30-0.01-0.06-0.56-0.320.060.090.79-0.51-8.55-7.95-6.45-6.15-3.430.100.100.700.530.450.270.630.290.260.320.250.750.230.10--0.37
Surprise-100.66%0.00%-175.00%3.70%-45.45%-32.20%-25.91%-6.25%-80.00%10.53%7.69%50.00%521.00%242.86%400.00%500.00%-22.22%58.33%2525.16%-161.11%-126.50%-200.00%-41.94%-10.77%13.51%5.88%42.86%-3640.41%--------------3.64%-10.42%27.12%-5.13%-419.70%126.32%-50.00%-9.09%---3.57%-8.70%11.54%-3.70%28.00%-10.71%172.40%21.05%-47.37%---28.16%
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Key Statistics & Ratios

Market Cap21.82M
Enterprise Value227.38M
Trailing P/E1.93
Forward P/E3.20
PEG Ratio7.27
Price / Sales0.19
Price / Book0.06
EPS0.91
Book Value27.62
Revenue (TTM)113.13M
Gross Profit (TTM)78.46M
EBITDA67.13M
Profit Margin29.70%
Operating Margin49.34%
Return on Equity10.24%
Return on Assets5.70%
Shares Outstanding12.43M
Shares Float11.40M
Beta-0.15
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 2 analystsTarget 5.75
  • Strong Buy
    1
  • Buy
    1

Ownership Breakdown

Institutions
5.98%
Insiders
8.32%
Retail / Other
85.70%

Top Institutional Holders

  • Acadian Asset Management LLC
    469.24K3.77%
  • Renaissance Technologies Corp
    211.41K1.70%
  • Goss Wealth Management LLC
    122.79K0.99%
  • UBS Group AG
    29.85K0.24%
  • SBI Securities Co Ltd
    1.27K0.01%
  • Steward Partners Investment Advisory, LLC
    1.00K0.01%
  • Morgan Stanley - Brokerage Accounts
    30.00%
  • Caitong International Asset Management Co., Limited.
    30.00%
  • XTX Topco Ltd
    00.00%
  • TWO SIGMA SECURITIES, LLC
    00.00%
  • Citadel Advisors Llc
    00.00%
  • HRT FINANCIAL LLC
    00.00%

Top Fund Holders

  • Fidelity Nasdaq Composite Index
    4.39K0.04%

Dividends

20201×
0.15Oct 29, 2020
20162×
2222.64May 26, 20162222.64Mar 11, 2016
20154×
2222.64Nov 20, 20152222.64Aug 14, 20152222.64May 21, 20152222.64Mar 9, 2015
20144×
2222.64Dec 2, 20142222.64Aug 12, 201437044.00May 23, 2014100000.00Feb 28, 2014
20134×
100000.00Nov 26, 2013100000.00Aug 12, 2013100000.00May 31, 2013100000.00Mar 1, 2013
20124×
100000.00Nov 30, 2012100000.00Aug 14, 2012100000.00May 15, 2012100000.00Mar 6, 2012
20112×
100000.00Nov 30, 201122226.40Aug 11, 2011

Stock Splits

  • Nov 15, 20221:15
  • Nov 2, 20171:7
  • Sep 25, 20171:3
  • Aug 24, 20171:7
  • Jul 27, 20171:6
  • Jul 5, 20171:7
  • Jun 9, 20161:8