profit from every $100 of sales.
$0$100
Himalaya Shipping
$15.96-1.05% today
+93.7% in 1 year
1-year low $8.191-year high $19.33
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2025.
0%20% a year
You pay $42.53 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Himalaya Shipping sold, what it kept, and what it did with the cash.
Sales went from $0 in 2022 to $132 million in 2025, with $17.7 million of profit last year.
SalesProfit
Himalaya Shipping handed back 52% of the cash it generated last year.
$27M
Free cash flow 2025$52M
Bought back its own shares–
Paid as dividends$27M
Cash vs. debt$32M vs. $689M
Himalaya Shipping vs. similar companies
Himalaya Shipping grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Himalaya Shipping | 42.5× · Expensive | ||
 Adani Ports and Special Economic Zone | 34.2× · Expensive | ||
 A.P. Møller - Mærsk | 16.0× · Fair price | ||
 Cosco Shipping | 7.1× · Cheap | ||
 Hapag-Lloyd | 24.8× · Fair price |
AI analysis
An AI analyst reads Himalaya Shipping's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 0 | 37 | 124 | 132 | |
| 0 | 18 | 72 | 73 | |
| -2 | 15 | 67 | 68 | |
| -2 | 24 | 94 | 98 | |
| -2 | 2 | 21 | 18 | |
| -0.06 | 0.04 | 0.48 | 0.38 | |
| – | 50.1% | 58.0% | 55.4% | |
| – | 39.8% | 54.0% | 51.7% | |
| – | 4.1% | 17.1% | 13.4% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 178 | 599 | 880 | 864 |
| Cash | 0 | 26 | 19 | 32 |
| Total debt | 67 | 439 | 714 | 689 |
| Total liabilities | 87 | 445 | 725 | 702 |
| 90 | 154 | 155 | 162 | |
| 32 | 39 | 44 | 46 | |
| -1.0% | 2.0% | 6.2% | 6.4% | |
| -2.2% | 1.0% | 13.6% | 10.9% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -1 | 6 | 56 | 52 | |
| 78 | 413 | 313 | – | |
| -80 | -407 | -257 | 52 | |
| Dividends paid | 0 | 0 | 21 | 27 |
| 1 | – | – | – | |
| 0 | 1 | 1 | 0 |
Valuation
- 42.5×
- 12.3×
- 0.20
- 4.6×
- 5.7×
- 14.6×
- 14.3×
- 6.9%
- 2.4%
- 5.2%
Profitability
- 55.4%
- 51.7%
- 13.4%
- 74.5%
- 8.0%
- 0.5%
- 11.0%
- 2.1%
- 8.2%
- –
Growth
- +89.6%
- +208.2%
- +120.1%
- –
- +26.3%
Financial health
- 6.7×
- 4.26
- 79.8%
- 1.3×
- 1.08
- 1.04
- 0.15
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 49%of 978
Top 1%of 985
Bottom 16%of 866
Top 1%of 984
Top 24%of 987
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Feb 10, 2026 | 0.29 | 0.30 | −4.0% |
| Nov 6, 2025 | 0.21 | 0.20 | +5.0% |
| Aug 8, 2025 | 0.02 | 0.02 | +0.0% |
| May 22, 2025 | -0.14 | -0.15 | +5.9% |
| Feb 20, 2025 | 0.02 | 0.07 | −71.3% |
| Nov 7, 2024 | 0.24 | 0.29 | −17.4% |
| Aug 16, 2024 | 0.16 | 0.19 | −17.4% |
| May 23, 2024 | 0.06 | 0.10 | −39.2% |
5.2%of the share price, paid each year
On $1,000 invested$52a year at today's yield, before tax
–per share
Raised1 yearin a row, in our data
Paid per share, each year
$0.48 in 2024 → $0.57 in 2025
How safe it looks
152.0% of its profit
Room to growStretchedMore than it earns: 52.0%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
41No pass
Benjamin Graham
8No pass
Philip Fisher
55No pass
Peter Lynch
68Pass
Joel Greenblatt
25No pass
Charlie Munger
34No pass
Terry Smith
47No pass
Questions about Himalaya Shipping
Is Himalaya Shipping a good stock to buy?
A business with weak numbers, but the price is high. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Himalaya Shipping AI analysis
What does Himalaya Shipping do?
Himalaya Shipping Ltd. focuses on the provision of dry bulk shipping services. The company was incorporated in 2021 and is based in Hamilton, Bermuda. It is in Marine Shipping.
Does Himalaya Shipping pay a dividend?
Yes. At today's price the dividend is 5.2% a year, about 152% of its yearly profit. In 2025 it paid out $26.9 million in dividends.
Is Himalaya Shipping stock halal?
No. Himalaya Shipping does not pass our halal screen: its debt is 92% of its market value, at or above the 33% limit. How we check
How has Himalaya Shipping stock done over the past year?
Up 93.7% over the past twelve months, to $15.96. It traded between $8.19 and $19.33 and is 17.4% below its high.
Who are Himalaya Shipping's competitors?
The largest listed companies in the same industry are Adani Ports and Special Economic Zone, A.P. Møller - Mærsk, Cosco Shipping and Hapag-Lloyd. The peers table on this page compares their profit, growth and price with Himalaya Shipping's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.