Stocks · Industrials · Deep Sea Foreign Transportation of Freight

DIANA SHIPPING INC.

DSX Clue Score36
$2.87 +1.77% Close, 12 Oct 2026
Price $2.87 −47.24% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue114.3Operating income−88.3Net income−164.2Fiscal year 2017Revenue161.9 +41.7%Operating income−484.0Net income−511.7Fiscal year 2018Revenue226.2 +39.7%Operating income38.3Net income16.6Fiscal year 2019Revenue220.7 −2.4%Operating income17.6Net income−10.5 −163.5%EPS, diluted−0.17Fiscal year 2020Revenue169.7 −23.1%Operating income−112.7Net income−134.2EPS, diluted−1.62Fiscal year 2021Revenue214.2 +26.2%Operating income63.5Net income57.4EPS, diluted0.61Fiscal year 2022Revenue290.0 +35.4%Operating income142.7Net income119.1 +107.4%EPS, diluted1.36 +123.0%Fiscal year 2023Revenue262.1 −9.6%Operating income85.7Net income49.8 −58.1%EPS, diluted0.42 −69.1%Fiscal year 2024Revenue228.2 −12.9%Operating income58.8Net income12.7 −74.4%EPS, diluted0.05 −88.1%Fiscal year 2025Revenue213.5 −6.4%Operating income42.2Net income17.8 +39.9%EPS, diluted0.11 +120.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 114.3 161.9 226.2 220.7 169.7 214.2 290.0 262.1 228.2 213.5
Growth +41.7% +39.7% −2.4% −23.1% +26.2% +35.4% −9.6% −12.9% −6.4%
Operating income −88.3 −484.0 38.3 17.6 −112.7 63.5 142.7 85.7 58.8 42.2
Net income −164.2 −511.7 16.6 −10.5 −134.2 57.4 119.1 49.8 12.7 17.8
Growth −163.5% +107.4% −58.1% −74.4% +39.9%
EPS, diluted n/a n/a n/a −0.17 −1.62 0.61 1.36 0.42 0.05 0.11
Growth +123.0% −69.1% −88.1% +120.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin−77.3%Net margin−143.7%Free cash flow margin−62.9%Fiscal year 2017Operating margin−298.9%Net margin−316.1%Free cash flow margin−63.2%Fiscal year 2018Operating margin16.9%Net margin7.3%Free cash flow margin34.2%Fiscal year 2019Operating margin8.0%Net margin−4.8%Free cash flow margin21.3%Fiscal year 2020Operating margin−66.4%Net margin−79.1%Free cash flow margin6.6%Fiscal year 2021Operating margin29.7%Net margin26.8%Free cash flow margin33.8%Fiscal year 2022Operating margin49.2%Net margin41.1%Free cash flow margin−24.6%Fiscal year 2023Operating margin32.7%Net margin19.0%Free cash flow margin15.5%Fiscal year 2024Operating margin25.8%Net margin5.6%Fiscal year 2025Operating margin19.8%Net margin8.3%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin −77.3% −298.9% 16.9% 8.0% −66.4% 29.7% 49.2% 32.7% 25.8% 19.8%
Net margin −143.7% −316.1% 7.3% −4.8% −79.1% 26.8% 41.1% 19.0% 5.6% 8.3%
Free cash flow margin −62.9% −63.2% 34.2% 21.3% 6.6% 33.8% −24.6% 15.5% n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−21.0Capital expenditure−50.9Free cash flow−71.9Buybacks0.0Fiscal year 2017Operating cash flow23.4Capital expenditure−125.8Free cash flow−102.4Buybacks0.0Fiscal year 2018Operating cash flow79.9Capital expenditure−2.6Free cash flow77.4Buybacks−15.2Fiscal year 2019Operating cash flow49.9Capital expenditure−2.8Free cash flow47.1 −39.1%Buybacks−49.7Fiscal year 2020Operating cash flow17.2Capital expenditure−6.0Free cash flow11.2 −76.1%Buybacks−12.0Fiscal year 2021Operating cash flow89.7Capital expenditure−17.4Free cash flow72.3 +543.7%Buybacks−45.4Dividends paid−8.8Fiscal year 2022Operating cash flow158.9Capital expenditure−230.3Free cash flow−71.4 −198.8%Buybacks−3.8Dividends paid−79.8Fiscal year 2023Operating cash flow70.4Capital expenditure−29.7Free cash flow40.6Buybacks0.0Dividends paid−41.4Fiscal year 2024Operating cash flow83.5Buybacks0.0Dividends paid−29.0Fiscal year 2025Operating cash flow47.5Buybacks−23.0Dividends paid−4.6
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −21.0 23.4 79.9 49.9 17.2 89.7 158.9 70.4 83.5 47.5
Capital expenditure −50.9 −125.8 −2.6 −2.8 −6.0 −17.4 −230.3 −29.7 n/a n/a
Free cash flow −71.9 −102.4 77.4 47.1 11.2 72.3 −71.4 40.6 n/a n/a
Growth −39.1% −76.1% +543.7% −198.8%
Buybacks 0.0 0.0 −15.2 −49.7 −12.0 −45.4 −3.8 0.0 0.0 −23.0
Dividends paid n/a n/a n/a n/a n/a −8.8 −79.8 −41.4 −29.0 −4.6

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash98.1Total debt598.2Net cash (debt)−500.0Shareholders’ equity1,056.6Debt to equity0.57Fiscal year 2017Cash40.2Total debt601.4Net cash (debt)−561.2Shareholders’ equity624.8Debt to equity0.96Fiscal year 2018Cash126.8Total debt530.5Net cash (debt)−403.7Shareholders’ equity627.7Debt to equity0.85Fiscal year 2019Cash107.3Total debt475.0Net cash (debt)−367.7Shareholders’ equity570.1Debt to equity0.83Fiscal year 2020Cash62.9Total debt420.3Net cash (debt)−357.4Shareholders’ equity428.6Debt to equity0.98Fiscal year 2021Cash110.3Total debt423.7Net cash (debt)−313.4Shareholders’ equity393.2Debt to equity1.08Fiscal year 2022Cash76.4Total debt522.5Net cash (debt)−446.1Shareholders’ equity487.3Debt to equity1.07Fiscal year 2023Cash101.6Total debt510.6Net cash (debt)−409.1Shareholders’ equity489.0Debt to equity1.04Fiscal year 2024Cash124.7Total debt514.6Net cash (debt)−390.0Shareholders’ equity505.1Debt to equity1.02Fiscal year 2025Cash50.5Total debt522.8Net cash (debt)−472.3Shareholders’ equity502.4Debt to equity1.04
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 98.1 40.2 126.8 107.3 62.9 110.3 76.4 101.6 124.7 50.5
Total debt 598.2 601.4 530.5 475.0 420.3 423.7 522.5 510.6 514.6 522.8
Net cash (debt) −500.0 −561.2 −403.7 −367.7 −357.4 −313.4 −446.1 −409.1 −390.0 −472.3
Shareholders’ equity 1,056.6 624.8 627.7 570.1 428.6 393.2 487.3 489.0 505.1 502.4
Debt to equity 0.57 0.96 0.85 0.83 0.98 1.08 1.07 1.04 1.02 1.04

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
114.3 161.9 226.2 220.7 169.7 214.2 290.0 262.1 228.2 213.5
Growth +41.7% +39.7% −2.4% −23.1% +26.2% +35.4% −9.6% −12.9% −6.4%
n/a n/a n/a 13.5 13.5 5.6 n/a n/a n/a n/a
25.5 26.3 29.5 28.6 32.8 29.2 29.4 33.0 33.4 34.1
−88.3 −484.0 38.3 17.6 −112.7 63.5 142.7 85.7 58.8 42.2
Growth −53.9% −739.4% +124.7% −39.9% −31.4% −28.2%
−164.2 −511.7 16.6 −10.5 −134.2 57.4 119.1 49.8 12.7 17.8
Growth −163.5% +107.4% −58.1% −74.4% +39.9%
Per share
n/a n/a n/a −0.17 −1.62 0.64 1.42 0.44 0.06 0.11
n/a n/a n/a −0.17 −1.62 0.61 1.36 0.42 0.05 0.11
Growth +123.0% −69.1% −88.1% +120.0%
80.4 95.7 103.7 95.2 86.1 81.1 80.1 100.2 116.0 110.5
80.4 95.7 104.7 95.2 86.1 84.9 83.3 101.9 118.7 110.5
Growth +19.0% +9.4% −9.1% −9.5% −1.5% −1.8% +22.3% +16.5% −6.9%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 4.7% a year over five years.
  • The diluted share count rose 28.3% in five years, which is dilution.
  • Operating margin is up 86.1 points on five years ago, at 19.8%.
  • A net loss in 4 of 10 years on file.