Himalaya Shipping Ltd.

HSHP · NYSE · Industrials / Marine Shipping

15.96USD-0.17 (-1.05%)

Price History

Full chart

Market Stats

Previous Close16.13

Open16.07

Day Range15.75 – 16.09

52-Week Range6.57 – 19.55

Volume259.49K

Market Cap827.36M

P/E (TTM)15.52

Forward P/E10.11

EPS1.13

Dividend Yield16.64%

Beta0.97

50-Day Avg16.60

200-Day Avg13.70

About

Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company serves major commodity trading, commodity and energy transition, and multi-modal transport companies. As of December 31, 2024, it owned and operated through a fleet of 12 Newcastlemax dry bulk vessels, each with capacity in the range of 210,000 dead weight tons. Himalaya Shipping Ltd. was incorporated in 2021 and is based in Hamilton, Bermuda.

Company Details

SectorIndustrials
IndustryMarine Shipping
CEOMr. Lars-Christian Svensen
Employees3
HeadquartersS. E. Pearman Building, Hamilton, Bermuda, HM 11, USA
Websitehttps://himalaya-shipping.com

Leadership

Mr. Lars-Christian SvensenContracted Chief Executive Officer · b. 1986
Mr. Vidar HasundContracted CFO & Advisor to Board · b. 1978
Mr. Christian DahllContracted Chief Operational Officer
Ms. Alfi LaoChief Accounting Officer & Financial Controller
Mr. Olav EikremChief Technology Officer of 2020 Bulkers Management AS - Manager · b. 1956
Ms. Mi Hong YoonCompany Secretary & Director · b. 1970
Ms. Kseniia SheikoFinancial Controller of Bulkers Management AS - Manager

Financials

Income Statement

Currency: USD	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	-	8.20M	36.74M	123.58M	131.90M
Growth (%)	-	-	+348.00%	+236.40%	+6.73%
Cost of Revenue	-	0	18.26M	25.45M	29.60M
Gross Profit	-	0	18.47M	98.13M	102.30M
Gross Margin	-	0.00%	50.28%	79.40%	77.56%
Operating Expense	-	2.00M	3.85M	31.50M	34.10M
Operating Income	-973.85K	-2.00M	14.63M	66.62M	68.20M
Operating Margin	-	-24.39%	39.81%	53.91%	51.71%
EBITDA	-973.85K	-1.96M	24.23M	94.17M	99.81M
EBITDA Margin	-	-23.92%	65.97%	76.20%	75.67%
Net Income	-973.85K	-2.00M	1.51M	21.04M	17.70M
Net Income Margin	-	-24.39%	4.12%	17.03%	13.42%
Interest Expense	-	2.90M	13.60M	46.64M	52.91M
Interest Expense % of Total Revenue	-	35.37%	37.02%	37.74%	40.11%

Balance Sheet

Currency: USD	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	95.20M	177.81M	599.21M	880.10M	863.90M
Total Liabilities	3.30M	87.49M	445.00M	725.38M	702.20M
Total Equity	91.90M	90.33M	154.21M	154.72M	161.70M
Cash	11.30M	263.00K	25.55M	19.37M	32.40M
Total Debt	-	67.44M	439.50M	713.89M	689.20M
Net Debt	-11.30M	67.18M	413.94M	694.52M	656.80M

Cash Flow

Currency: USD	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-500.00K	-1.45M	6.47M	55.84M	51.70M
Investing Cash Flow	-68.80M	-78.20M	-413.06M	-313.36M	-
Financing Cash Flow	80.60M	68.62M	431.87M	251.34M	-38.70M
Capital Expenditure	68.80M	78.20M	413.06M	313.05M	0
Free Cash Flow	-69.30M	-79.64M	-406.58M	-257.21M	51.70M
Dividends Paid	-	0	0	20.63M	27.69M
FCF to OCF	13860.00%	5507.88%	-6280.21%	-460.63%	100.00%
Dividend Paid to FCF	-	0.00%	0.00%	-8.02%	53.56%

Earnings

Report Date	Sep 1, 2021	Dec 1, 2021	Feb 9, 2022	Jun 1, 2022	Aug 10, 2022	Nov 30, 2022	Feb 13, 2023	May 24, 2023	Aug 16, 2023	Nov 16, 2023	Jan 23, 2024	May 23, 2024	Aug 9, 2024	Nov 11, 2024	Feb 20, 2025	May 22, 2025	Aug 15, 2025	Nov 6, 2025	Feb 10, 2026	May 21, 2026	Aug 11, 2026	Nov 5, 2026
EPS Estimate	0.00	0.00	-0.02	-0.01	-0.02	-	-0.02	-0.02	-0.03	-0.05	0.11	0.06	0.17	0.29	0.17	-0.11	0.14	0.22	0.30	0.13	0.47	-
EPS Actual	0.00	0.00	0.00	0.00	0.00	-0.01	-0.02	-0.02	-0.03	-0.05	0.11	0.06	0.16	0.24	0.02	-0.14	0.02	0.20	0.29	0.11	0.52	-
Surprise	-	-	100.00%	100.00%	100.00%	-	22.00%	14.50%	0.00%	0.00%	2.33%	0.00%	-8.06%	-17.38%	-86.18%	-29.12%	-83.14%	-7.27%	-3.60%	-18.15%	10.64%	-
Timing	-	-	-	-	-	-	-	-	-	-	Pre-market	-	Pre-market	-	Pre-market	Pre-market	After-hours	Pre-market	Pre-market	Pre-market	-	-

Key Statistics & Ratios

Market Cap827.36M

Enterprise Value1.49B

Trailing P/E15.52

Forward P/E10.11

Price / Sales4.95

Price / Book5.27

EPS1.13

Book Value3.45

Revenue (TTM)167.30M

Gross Profit (TTM)136.50M

EBITDA131.10M

Profit Margin31.44%

Operating Margin68.34%

Return on Equity32.62%

Return on Assets7.38%

Shares Outstanding47.17M

Shares Float33.03M

Beta0.97

Dividend Yield16.64%

Dividend Rate3.00

Payout Ratio81.28%

Analyst Ratings

Buy

Based on 1 analystsTarget 16.90

Buy
1

Ownership Breakdown

Institutions: 56.16%
Insiders: 42.32%
Retail / Other: 1.52%

Top Fund Holders

Fidelity Dividend Growth
2.03M4.35%
iShares Russell 2000 ETF
756.71K1.62%
Fidelity Small Cap Index
312.78K0.67%
iShares Russell 2000 Growth ETF
280.26K0.60%
DNB SMB A
237.25K0.51%
Vanguard Russell 2000 ETF
169.91K0.36%
Indosuez Funds America Small&Mid Caps G
158.46K0.34%
BlackRock Global Equity Mkt Netrl Instl
136.08K0.29%
BSF Systematic US Eq Abs Ret A2 USD
119.07K0.26%
Bridge Hosking Global Equity B USD Acc
114.14K0.24%
Hosking Global No.1 A1
104.44K0.22%
iShares Micro-Cap ETF
100.23K0.21%
SEI World Equity Ex-US A (SIIT)
80.39K0.17%
American Beacon IMC Int Small Cap Inv
80.24K0.17%
WM Aktien Global UI-Fonds B
73.50K0.16%
Investtech Invest A
70.00K0.15%

Dividends

202610×

0.28Oct 16, 20260.25Sep 17, 20260.22Aug 20, 20260.22Jul 17, 20260.22Jun 19, 20260.15May 18, 20260.06Apr 17, 20260.06Mar 16, 20260.06Feb 19, 20260.13Jan 19, 2026

202512×

0.10Dec 12, 20250.07Nov 14, 20250.10Oct 17, 20250.10Sep 15, 20250.04Aug 18, 20250.05Jul 18, 20250.03Jun 17, 20250.03May 19, 20250.04Apr 14, 20250.01Mar 18, 20250.01Feb 21, 20250.01Jan 21, 2025

20242×

0.01Dec 16, 20240.04Nov 18, 2024