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DSX Financials DIANA SHIPPING INC.

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 4.7% per year over the past 5 years.
  • Operating margin has expanded, at 19.8% in the latest year.
  • Free cash flow has declined 12.1% per year over the past 5 years.

Financial health

  • Total debt ($523M) exceeds cash ($51M); net debt is $472M.
  • Total debt has grown in line with revenue (4.5% vs 4.7% per year).
  • Operating income covered interest expense 1.0× in the latest year, up from -5.2× 5 years ago.
  • Total debt is 5.9× EBITDA.

Shareholder returns

  • Dividends have been paid for 5 consecutive years, consuming 26.0% of earnings.
  • The dividend has declined 14.9% per year over the past 5 years.
Revenue & net income
-$512M -$111M $290M $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-316% -109% 97% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$131M -$18M $96M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $301M $601M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$273M -$57M $159M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $214M $18M 0.0% 19.8% $523M $51M
2024 $228M $13M 0.0% 25.8% $515M $125M
2023 $262M $50M 0.0% 32.7% $41M $511M $102M
2022 $290M $119M 0.0% 49.2% -$71M $523M $76M
2021 $214M $57M 97.4% 29.7% $72M $424M $110M
2020 $170M -$134M 92.0% -66.4% $11M $420M $63M
2019 $221M -$11M 93.9% 8.0% $47M $475M $107M
2018 $226M $17M 0.0% 16.9% $77M $531M $127M
2017 $162M -$512M 0.0% -298.9% -$102M $601M $40M
2016 $114M 0.0% -77.3% -$72M $598M $98M
2015 $158M 0.0% -29.9% -$131M $600M $172M
2014 $176M 0.0% -10.4% -$67M $484M $199M
2013 $164M -$21M 0.0% -5.3% -$131M $432M $223M
2012 $221M $55M 0.0% 28.6% -$51M $459M $447M
2011 $256M $107M 0.0% 43.4% $96M $373M $417M

Valuation over time

How the market has priced DSX against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 8.5 17.1 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 0.8 1.5 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 12.2 24.4 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
Dividend yield %

Frequently asked questions

Is DSX growing its revenue and profit?

Over the past 5 years, DIANA SHIPPING INC.'s revenue has grown 4.7% per year. These are computed facts, not advice.

How much debt does DSX have?

As of FY2025, DIANA SHIPPING INC. reported $523M of total debt against $51M of cash; operating income covered interest expense 1.0×.

What is DSX's profit margin?

In FY2025, gross margin was —, operating margin 19.8%, and net margin 8.3%.

What is DSX's P/E ratio?

As of Jun '26, DIANA SHIPPING INC. traded at a price-to-earnings ratio of about 12.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.