DSX (Diana Shipping) EBIT: $82.3 Mil (TTM As of Mar. 2026)


DSX Diana Shipping Inc DSX
67 GF Score
Price $2.06
GF Value $2.16
Valuation Fairly Valued
! 4 Warning Signs
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What is Diana Shipping EBIT?

Diana Shipping DSX -4.19% 67 EBIT is $82.3 Mil as of Mar. 2026. GuruFocus rates DSX with a GF Score™ of 67/100 and a GF Value™ of $2.16 (Fairly Valued). The stock has 4 warning signs investors should review.

Diana Shipping's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $39.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $82.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Diana Shipping's annualized ROC % for the quarter that ended in Mar. 2026 was 4.73%. Diana Shipping's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.38%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Diana Shipping's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.52%.

Diana Shipping  (NYSE:DSX) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Diana Shipping's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=45.208 * ( 1 - 0% )/( (990.753 + 919.743)/ 2 )
=45.208/955.248
=4.73 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1170.192 - 24.144 - ( 173.264 - max(0, 89.58 - 244.875+173.264))
=990.753

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1188.849 - 0 - ( 269.106 - max(0, 0 - 288.93+269.106))
=919.743

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Diana Shipping's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=155.876/( ( (826.663 + max(31.155, 0)) + (818.634 + max(19.824, 0)) )/ 2 )
=155.876/( ( 857.818 + 838.458 )/ 2 )
=155.876/848.138
=18.38 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.739 + 4.137 + 62.578) - (24.144 + 4.97 + 10.185)
=31.155

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 19.824) - (0 + 0 + 0)
=19.824

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Diana Shipping's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=82.264/608.275
=13.52 %

* 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.

Diana Shipping EBIT Related Terms

Diana Shipping EBIT Historical Data

* Premium members only.

The historical data trend for Diana Shipping's EBIT 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.

Diana Shipping EBIT Chart

Diana Shipping Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.46 143.78 96.25 57.48 58.44

Diana Shipping Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.08 14.28 17.85 11.16 38.97

DSX vs SHIP, GASS, SMHI: EBIT Comparison

For the Marine Shipping subindustry, Diana Shipping's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Diana Shipping's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Diana Shipping's EV-to-EBIT falls into.


DSX
67GF Score
Diana Shipping Inc DSX
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Diana Shipping EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $82.3 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $82.3 Mil mean?
Diana Shipping (DSX) has a EBIT of $82.3 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Diana Shipping.
Is Diana Shipping's EBIT too high?
Diana Shipping's current EBIT is $82.3 Mil. Overall, Diana Shipping has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Diana Shipping's EBIT compare to SHIP and GASS?
Diana Shipping's EBIT of $82.3 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Transportation company?
A good EBIT depends on the Transportation industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Diana Shipping. Diana Shipping's current EBIT is $82.3 Mil. 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 $2.16, compared to a current price of $2.06 — trading 4.6% below its estimated fair value. The current EBIT is $82.3 Mil. Diana Shipping's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Diana Shipping (DSX), the current EBIT is $82.3 Mil 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 undervalued. The current stock price of $2.06 is trading 4.6% below its estimated GF Value™ of $2.16. GuruFocus considers Diana Shipping to be Fairly Valued.

Key valuation signals for DSX:

  • EBIT: $82.3 Mil
  • GF Value™: $2.16 vs. price of $2.06 (4.6% below fair value)
  • GF Score™: 67/100 with 4 warning signs

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 Business Description

Other Exchanges DSXpB.PFD:USADSZ:Germany
Address 175 64 Palaio Faliro, Pendelis 16, Athens, GRC, 175 64
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.
67GF Score

Get the complete analysis for DSX

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.06
Price
$2.16
GF Value