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 Oct 16, 2026, 09:53 UTC 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

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$214M	$18M	0.0%	19.8%	3.5%	1.5%	—	$523M	$51M
2024	$228M	$13M	0.0%	25.8%	2.5%	1.1%	—	$515M	$125M
2023	$262M	$50M	0.0%	32.7%	10.2%	4.3%	$41M	$511M	$102M
2022	$290M	$119M	0.0%	49.2%	24.4%	10.1%	-$71M	$523M	$76M
2021	$214M	$57M	97.4%	29.7%	14.6%	6.8%	$72M	$424M	$110M
2020	$170M	-$134M	92.0%	-66.4%	-31.3%	-15.4%	$11M	$420M	$63M
2019	$221M	-$11M	93.9%	8.0%	-1.8%	-1.0%	$47M	$475M	$107M
2018	$226M	$17M	0.0%	16.9%	2.6%	1.4%	$77M	$531M	$127M
2017	$162M	-$512M	0.0%	-298.9%	-81.9%	-41.0%	-$102M	$601M	$40M
2016	$114M	—	0.0%	-77.3%	0.0%	0.0%	-$72M	$598M	$98M
2015	$158M	—	0.0%	-29.9%	0.0%	0.0%	-$131M	$600M	$172M
2014	$176M	—	0.0%	-10.4%	0.0%	0.0%	-$67M	$484M	$199M
2013	$164M	-$21M	0.0%	-5.3%	-1.7%	-1.2%	-$131M	$432M	$223M
2012	$221M	$55M	0.0%	28.6%	4.3%	3.1%	-$51M	$459M	$447M
2011	$256M	$107M	0.0%	43.4%	8.9%	6.7%	$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.

The price-to-earnings ratio has risen from 4.1× (Mar '23) to 16.8× (Nov '26).
The price-to-sales ratio has fallen from 1.7× (Mar '23) to 1.4× (Nov '26).
The dividend yield has fallen from 16.4% (Mar '23) to 1.5% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

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?

DIANA SHIPPING INC.'s P/E (TTM) is 16.82 as of the 2026-11-04 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the DSX stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 16.8× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.