4 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 →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $132M | $18M | 78.8% | 51.7% | — | $689M | $32M |
| 2024 | $124M | $21M | 80.7% | 54.0% | — | $714M | $19M |
| 2023 | $37M | $2M | 76.6% | 39.8% | — | $439M | $26M |
| 2022 | $0 | -$2M | — | — | — | $67M | $263000 |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Jun '25 | $30M | $1M | 76.3% | 45.5% | — | $701M | $25M |
| Jun '24 | $31M | $7M | 82.1% | 56.1% | — | $725M | $22M |
| Jun '23 | $7M | -$1M | 73.5% | 23.1% | — | — | — |
| Dec '22 | $0 | -$909000 | — | — | — | $67M | $263000 |
How the market has priced HSHP 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.
See the revenue and net-income charts above for Himalaya Shipping Ltd.'s multi-year trend.
As of FY2025, Himalaya Shipping Ltd. reported $689M of total debt against $32M of cash; operating income covered interest expense 1.3×.
In FY2025, gross margin was 78.8%, operating margin 51.7%, and net margin 13.4%.
As of Jun '26, Himalaya Shipping Ltd. traded at a price-to-earnings ratio of about 35.7× (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.
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.