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Diana ShippingDSX +1.35%73 Debt-to-EBITDA is 3.99 as of Mar. 2026, which is 27% below its 10-year median of 5.46. GuruFocus rates DSX with a GF Score™ of 73/100 and a GF Value™ of $2.20 (Fairly Valued). The stock has 4 warning signs investors should review. Among 870 Transportation companies, Diana Shipping ranks worse than 86.32% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Diana Shipping's Debt-to-EBITDA or its related term are showing as below:
DSX'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.13 Med: 5.46 Max: 27.25
Current: 7.55
During the past 13 years, the highest Debt-to-EBITDA Ratio of Diana Shipping was 27.25. The lowest was -4.13. And the median was 5.46.
DSX's Debt-to-EBITDA is ranked worse than 86.32% of 870
companies
in the Transportation industry
Industry Median: 2.64
vs DSX: 7.55
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Diana Shipping Debt-to-EBITDA Related Terms
Diana Shipping Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Diana Shipping's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
DSX vs GASS, SMHI, SHIP: Debt-to-EBITDA Comparison
For the Marine Shipping subindustry, Diana Shipping's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Diana Shipping Debt-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, Diana Shipping's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Diana Shipping's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Diana Shipping (DSX) has a Debt-to-EBITDA of 3.99 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Diana Shipping. This is 27% below median its historical median of 5.46. According to the industry distribution chart, Diana Shipping ranks #751 out of 870 companies in the Transportation industry, placing it in the top 86.3%.
Is Diana Shipping's Debt-to-EBITDA too high?
Diana Shipping's current Debt-to-EBITDA of 3.99 is 27% below median its 10-year median of 5.46. The Transportation industry median Debt-to-EBITDA is 2.64. Diana Shipping's value of 3.99 is 51.1% above this industry median. Based on the distribution chart, Diana Shipping ranks #751 out of 870 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Diana Shipping has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Diana Shipping's Debt-to-EBITDA compare to GASS and SMHI?
According to the Transportation industry distribution chart, Diana Shipping ranks #751 out of 870 companies for Debt-to-EBITDA. This places Diana Shipping in the lower half of its industry. The industry median Debt-to-EBITDA is 2.64. Diana Shipping's value of 3.99 is 51.1% above this benchmark. While the company's 10-year median is 5.46 vs. the industry median of 2.64, Diana Shipping has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.64, based on 870 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Diana Shipping's current Debt-to-EBITDA of 3.99 is 51.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Diana Shipping. For the Transportation industry, the median Debt-to-EBITDA is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diana Shipping's current Debt-to-EBITDA is 3.99, which is 27% below median its own 10-year median of 5.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diana Shipping stock overvalued right now?
Based on GuruFocus' analysis, Diana Shipping (DSX) is currently considered Fairly Valued. The stock's GF Value™ is $2.20, compared to a current price of $2.25 — trading 2.3% above its estimated fair value. The current Debt-to-EBITDA is 3.99, which is 27% below median its 10-year median of 5.46 and 51.1% above the Transportation industry median of 2.64. Diana Shipping's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Diana Shipping (DSX), the current Debt-to-EBITDA is 3.99 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Diana Shipping (DSX) Overvalued in 2026?
Based on GuruFocus' analysis, Diana Shipping stock appears to be overvalued.
The current stock price of $2.25 is trading 2.3% above its estimated GF Value™ of $2.20.
GuruFocus considers Diana Shipping to be Fairly Valued.
Key valuation signals for DSX:
Debt-to-EBITDA: 3.99 (27% below median its 10-year median of 5.46)
GF Value™: $2.20 vs. price of $2.25 (2.3% above fair value)
Industry Position: 51.1% above the Transportation median (#751 of 870)
No single metric tells the full story. See the DSX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Diana Shipping Inc provides shipping transportation services. The company, through its subsidiaries, operates a fleet of vessels consisting of dry bulk carriers such as Panamax, Kamsarmax, Post-Panamax, Capesize, and Newcastlemax vessels. Using this fleet, the firm provides transportation services for various goods, including coal, iron ore, and grains. It also transports minor bulks, including steel products, cement, and fertilizers, through its dry bulk carrier vessels. The operation of the vessels is the main source of revenue generation; the services provided by the vessels are similar, and all operate under the same economic environment.
73GF Score
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