InsiderClue
Stocks · Industrials · Deep Sea Foreign Transportation of Freight

Himalaya Shipping Ltd.

HSHP Clue Score54
Bermuda Fiscal year ends December CIK 0001959455
$17.92 -3.91% Close, 9 Oct 2026
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Price $17.92 +269.48% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 25 Oct 2022. 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 2022Revenue0.0Operating income−2.0Net income−2.0EPS, diluted−0.06Fiscal year 2023Revenue36.7Operating income14.6Net income1.5EPS, diluted0.04Fiscal year 2024Revenue123.6 +236.8%Operating income66.7Net income21.1 +1,306.7%EPS, diluted0.48 +1,100.0%Fiscal year 2025Revenue131.9 +6.7%Operating income68.2Net income17.7 −16.1%EPS, diluted0.38 −20.8%
FY2022FY2023FY2024FY2025
Revenue 0.0 36.7 123.6 131.9
Growth +236.8% +6.7%
Operating income −2.0 14.6 66.7 68.2
Net income −2.0 1.5 21.1 17.7
Growth +1,306.7% −16.1%
EPS, diluted −0.06 0.04 0.48 0.38
Growth +1,100.0% −20.8%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2022Fiscal year 2023Operating margin39.8%Net margin4.1%Fiscal year 2024Operating margin54.0%Net margin17.1%Fiscal year 2025Operating margin51.7%Net margin13.4%
FY2022FY2023FY2024FY2025
Operating margin n/a 39.8% 54.0% 51.7%
Net margin n/a 4.1% 17.1% 13.4%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2022Operating cash flow−1.4Dividends paid0.0Fiscal year 2023Operating cash flow6.4Dividends paid0.0Fiscal year 2024Operating cash flow55.9Dividends paid−20.6Fiscal year 2025Operating cash flow51.7Dividends paid−26.9
FY2022FY2023FY2024FY2025
Operating cash flow −1.4 6.4 55.9 51.7
Dividends paid 0.0 0.0 −20.6 −26.9

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2022Cash0.3Total debt67.4Net cash (debt)−67.2Shareholders’ equity90.4Debt to equity0.75Fiscal year 2023Cash25.6Total debt439.5Net cash (debt)−413.9Shareholders’ equity154.2Debt to equity2.85Fiscal year 2024Cash19.4Total debt713.9Net cash (debt)−694.5Shareholders’ equity154.7Debt to equity4.61Fiscal year 2025Cash32.4Total debt689.2Net cash (debt)−656.8Shareholders’ equity161.7Debt to equity4.26
FY2022FY2023FY2024FY2025
Cash 0.3 25.6 19.4 32.4
Total debt 67.4 439.5 713.9 689.2
Net cash (debt) −67.2 −413.9 −694.5 −656.8
Shareholders’ equity 90.4 154.2 154.7 161.7
Debt to equity 0.75 2.85 4.61 4.26

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

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
n/a 39.8% 54.0% 51.7%
n/a 4.1% 17.1% 13.4%
Spending
n/a 10.4% 4.0% 3.7%
Returns
−2.2% 1.0% 13.6% 10.9%
−1.1% 0.3% 2.4% 2.0%
Balance and payout
0.75 2.85 4.61 4.26
49.2% 74.3% 82.4% 81.3%
n/a 0.0% 97.6% 152.0%