HSHP (Himalaya Shipping) EBIT: $79.8 Mil (TTM As of Mar. 2026)


HSHP Himalaya Shipping Ltd HSHP
57 GF Score
Price $13.30
GF Value $13.47
Valuation Fairly Valued
! 9 Warning Signs
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What is Himalaya Shipping EBIT?

Himalaya Shipping HSHP -2.99% 57 EBIT is $79.8 Mil as of Mar. 2026. GuruFocus rates HSHP with a GF Score™ of 57/100 and a GF Value™ of $13.47 (Fairly Valued). The stock has 9 warning signs investors should review.

Himalaya Shipping's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $17.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $79.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Himalaya Shipping's annualized ROC % for the quarter that ended in Mar. 2026 was 8.11%. Himalaya Shipping's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Himalaya Shipping's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.16%.

Himalaya Shipping  (NYSE:HSHP) EBIT Explanation

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

Himalaya 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 )
=68.8 * ( 1 - 0% )/( (853.1 + 843.3)/ 2 )
=68.8/848.2
=8.11 %

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))
=863.9 - 7.7 - ( 32.4 - max(0, 36.6 - 39.7+32.4))
=853.1

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))
=849.6 - 7.9 - ( 24.5 - max(0, 34.3 - 32.7+24.5))
=843.3

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

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

Himalaya 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 )
=69.6/( ( (823.8 + max(-5.7, 0)) + (816.5 + max(-2.4, 0)) )/ 2 )
=69.6/( ( 823.8 + 816.5 )/ 2 )
=69.6/820.15
=8.49 %

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)
=(0.7 + 1.7 + 4.9) - (7.7 + 0 + 5.3)
=-5.7

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1 + 1.7 + 5.5) - (7.9 + 2.6 + 0.099999999999994)
=-2.4

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=79.8/1296.259
=6.16 %

* 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.

Himalaya Shipping EBIT Related Terms

Himalaya Shipping EBIT Historical Data

* Premium members only.

The historical data trend for Himalaya 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.

Himalaya Shipping EBIT Chart

Himalaya Shipping Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
0.00 -1.95 15.10 67.70 69.10

Himalaya Shipping Quarterly Data
Jun21 Dec21 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 6.70 13.90 22.30 26.20 17.40

Himalaya Shipping EBIT Competitor Comparison

For the Marine Shipping subindustry, Himalaya 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.

Himalaya Shipping EV-to-EBIT vs Transportation Industry

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

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


HSHP
57GF Score
Himalaya Shipping Ltd HSHP
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Himalaya 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 $79.8 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 $79.8 Mil mean?
Himalaya Shipping (HSHP) has a EBIT of $79.8 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Himalaya Shipping.
Is Himalaya Shipping's EBIT too high?
Himalaya Shipping's current EBIT is $79.8 Mil. Overall, Himalaya Shipping has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Himalaya Shipping's EBIT compare to competitors?
Himalaya Shipping's EBIT of $79.8 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 Himalaya Shipping. Himalaya Shipping's current EBIT is $79.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Himalaya Shipping stock overvalued right now?
Based on GuruFocus' analysis, Himalaya Shipping (HSHP) is currently considered Fairly Valued. The stock's GF Value™ is $13.47, compared to a current price of $13.30 — trading 1.3% below its estimated fair value. The current EBIT is $79.8 Mil. Himalaya Shipping's overall GF Score™ is 57/100 with 9 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 Himalaya Shipping (HSHP), the current EBIT is $79.8 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 Himalaya Shipping (HSHP) Overvalued in 2026?

Based on GuruFocus' analysis, Himalaya Shipping stock appears to be undervalued. The current stock price of $13.30 is trading 1.3% below its estimated GF Value™ of $13.47. GuruFocus considers Himalaya Shipping to be Fairly Valued.

Key valuation signals for HSHP:

  • EBIT: $79.8 Mil
  • GF Value™: $13.47 vs. price of $13.30 (1.3% below fair value)
  • GF Score™: 57/100 with 9 warning signs

No single metric tells the full story. See the HSHP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Himalaya Shipping Business Description

Address 9 Par-la-Ville Road, 2nd Floor, S E Pearman Building, Hamilton, BMU, HM 11
Himalaya Shipping Ltd is engaged in the operation of dry bulk vessels and focuses on operating a fleet of Newcastlemax dry bulk carriers.
57GF Score

Get the complete analysis for HSHP

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

$13.30
Price
$13.47
GF Value