Himalaya Shipping Ltd. HSHP R2K
Industrials · Marine Shipping · Bermuda
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.
READ MORE ›$14.75
+155.49% 1Y
Market & Price
Market Cap
$695.39M
Current Price
$14.75
High / Low (52W)
$16.09 / $5.60
Beta
0.95
Valuation
Stock P/E
23.41
Industry PE
28.38
Forward P/E
-
PEG Ratio
-
Book Value
$3.33
Price to Book
4.43
P/S
4.85
EV/EBITDA
12.47
Dividend Yield
6.44%
Profitability & Returns
ROCE
8.35%
ROE
18.28%
ROA
5.70%
Profit Margin
20.28%
Op Margin
51.19%
EPS (Latest Qtr)
$0.11
EPS (TTM)
$0.63
Balance Sheet & Liquidity
Debt/Equity
4.39
Quick Ratio
0.74
Current Ratio
0.95
Debt
$683.20M
Total Assets
$863.90M
Current Assets
$39.70M
Working Capital
$3.10M
Ownership
Promoter Holding
42.55%
Chg in Prom Hold
0.21%
FII / Inst Holding
46.50%
Chg in FII Hold
-0.17%
Financial Snapshot
Enterprise Value
$1.35B
Total Revenue (TTM)
$143.50M
EBITDA
$108.10M
Free Cash Flow
$49.70M
Operating Cash Flow
$61.20M
Shares Outstanding
47.15M
Gross Margin
78.81%
Payout Ratio
127.78%
Growth (CAGR)
Revenue 5Y
-
Profit 5Y
335.43%
Revenue (YoY)
52.70%
Earnings (YoY)
-
PROS
- Excellent profit margin of 20.3%.
- Profit CAGR of 335.4% over 5 years.
- Attractive dividend yield of 6.44%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | HSHP Himalaya Shipping Ltd. R2K | 14.75 | 23.41 | $695.39M | 6.44% | 8.35% | 18.28% | - | 335.43% |
| 2 | CAT Caterpillar Inc. SPX | 875.87 | 43.66 | $403.42B | 0.69% | 19.42% | 51.33% | 4.38% | 9.83% |
| 3 | GE GE Aerospace SPX | 323.76 | 40.17 | $338.27B | 0.58% | 11.89% | 45.43% | 16.32% | 195.89% |
| 4 | GEV GE Vernova Inc. SPXAI | 968.32 | 28.33 | $260.21B | 0.21% | 6.30% | 75.71% | 8.68% | 92.84% |
| 5 | RTX RTX Corporation SPX | 179.66 | 33.64 | $241.95B | 1.54% | 9.41% | 11.57% | 9.72% | 9.01% |
| 6 | UNP Union Pacific Corporation SPX | 262.64 | 21.60 | $155.93B | 2.10% | 16.19% | 40.69% | -0.49% | 0.66% |
| 7 | ETN Eaton Corporation plc SPXAI | 400.60 | 39.20 | $155.55B | 1.10% | 16.23% | 20.84% | 9.77% | 18.41% |
| 8 | HON Honeywell International Inc. NDXSPX | 237.86 | 38.00 | $150.72B | 2.00% | 13.57% | 24.26% | 1.82% | -1.62% |
| 9 | DE Deere & Company SPX | 542.18 | 30.67 | $146.45B | 1.20% | 12.82% | 18.35% | -4.50% | -11.00% |
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Quarterly Results
Figures in USD.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | - | - | 22.00M | 29.90M | 37.90M | 42.10M | 33.60M |
| Cost of Revenue | - | - | 14.40M | 14.80M | 14.80M | 14.90M | 15.20M |
| Gross Profit | - | - | 7.60M | 15.10M | 23.10M | 27.20M | 18.40M |
| Operating Expenses | - | - | 1.10M | 1.50M | 1.10M | 1.20M | 1.20M |
| Operating Income | - | - | 6.50M | 13.60M | 22.00M | 26.00M | 17.20M |
| EBITDA | - | - | 14.00M | 21.20M | 29.60M | 33.50M | 24.70M |
| Interest Expense | - | - | 13.10M | 12.80M | 12.80M | 12.70M | 12.40M |
| Pretax Income | - | - | -6.40M | 1.10M | 9.50M | 13.50M | 5.00M |
| Tax Provision | - | - | 0 | 0 | 0 | 0 | 0 |
| Net Income | - | - | -6.40M | 1.10M | 9.50M | 13.50M | 5.00M |
| Diluted EPS | - | - | -0.14 | 0.02 | 0.21 | 0.29 | 0.11 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|
| Revenue | 0 | 36.70M | 123.60M | 131.90M |
| Cost of Revenue | 0 | 18.30M | 51.90M | 58.80M |
| Gross Profit | 0 | 18.40M | 71.70M | 73.10M |
| Operating Expenses | 1.97M | 3.80M | 5.00M | 4.90M |
| Operating Income | -1.97M | 14.60M | 66.70M | 68.20M |
| EBITDA | -1.95M | 24.20M | 94.20M | 98.30M |
| Interest Expense | 0 | 13.60M | 46.60M | 51.40M |
| Pretax Income | -1.95M | 1.50M | 21.10M | 17.70M |
| Tax Provision | 0 | 0 | 0 | 0 |
| Net Income | -1.95M | 1.50M | 21.10M | 17.70M |
| Diluted EPS | -0.06 | 0.04 | 0.48 | 0.38 |
Compounded Sales Growth
| 5 Years: | - |
| 1 Year: | 52.70% |
Compounded Profit Growth
| 5 Years: | 335.43% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | +155.49% |
| 6 Months: | +72.95% |
| 3 Months: | +2.17% |
| 1 Month: | +8.54% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 177.81M | 599.21M | 880.10M | 863.90M |
| Current Assets | - | 1.67M | 32.81M | 26.80M | 39.70M |
| Cash & Equivalents | - | 263.00K | 25.55M | 19.40M | 32.40M |
| Inventory | - | 0 | 634.00K | 1.50M | 1.70M |
| Receivables | - | 0 | 811.00K | 1.20M | 700.00K |
| Total Liabilities | - | 87.49M | 445.00M | 725.40M | 702.20M |
| Current Liabilities | - | 26.05M | 25.30M | 35.80M | 36.60M |
| Long Term Debt | - | 60.44M | 419.70M | 689.60M | 665.60M |
| Total Debt | - | 67.44M | 439.50M | 713.90M | 689.20M |
| Total Equity | - | 90.33M | 154.21M | 154.70M | 161.70M |
| Shares Outstanding | - | 32.15M | 43.90M | 43.90M | 46.65M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|
| Operating Cash Flow | -1.45M | 6.40M | 55.90M | 51.70M |
| Investing Cash Flow | -78.20M | -413.00M | -313.40M | 0 |
| Financing Cash Flow | 68.62M | 431.80M | 251.40M | -38.70M |
| Capital Expenditure | -78.20M | -413.00M | -313.10M | - |
| Free Cash Flow | -79.64M | -406.60M | -257.20M | 51.70M |
| Net Change in Cash | -11.02M | 25.20M | -6.10M | 13.00M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|
| Gross Margin % | - | 50.1% | 58.0% | 55.4% |
| Operating Margin % | - | 39.8% | 54.0% | 51.7% |
| Net Margin % | - | 4.1% | 17.1% | 13.4% |
| ROE % | -2.2% | 1.0% | 13.6% | 10.9% |
| ROCE % | -1.3% | 2.5% | 7.9% | 8.2% |
Shareholding Pattern
Insiders
42.55%
Institutions
46.50%
Public Float
80.95%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | FMR, LLC | 4.63% | 2.03M | $30.01M |
| 2 | Hosking Partners LLP | 4.28% | 1.88M | $27.70M |
| 3 | Goldman Sachs Group Inc | 4.28% | 1.88M | $27.71M |
| 4 | Blackrock Inc. | 4.03% | 1.77M | $26.08M |
| 5 | Barclays Plc | 2.90% | 1.27M | $18.75M |
| 6 | JPMORGAN CHASE & CO | 2.49% | 1.09M | $16.13M |
| 7 | Arrowstreet Capital, Limited Partnership | 2.30% | 1.01M | $14.87M |
| 8 | Acadian Asset Management. LLC | 2.22% | 976.56K | $14.40M |
| 9 | Two Sigma Investments, LP | 1.87% | 822.68K | $12.13M |
| 10 | Morgan Stanley | 1.13% | 494.67K | $7.30M |
Analyst View
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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