DSX (Diana Shipping) Gross Margin %: 36.91% (As of Mar. 2026) — 11% Above Median


DSX Diana Shipping Inc DSX
67 GF Score
Price $2.04
GF Value $2.16
Valuation Fairly Valued
! 4 Warning Signs
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What is Diana Shipping Gross Margin %?

Diana Shipping DSX -0.97% 67 Gross Margin % is 36.91% as of Mar. 2026, which is 11% above its 10-year median of 33.12. 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. Among 985 Transportation companies, Diana Shipping ranks better than 75.84% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Diana Shipping's Gross Profit for the three months ended in Mar. 2026 was $20.2 Mil. Diana Shipping's Revenue for the three months ended in Mar. 2026 was $54.7 Mil. Therefore, Diana Shipping's Gross Margin % for the quarter that ended in Mar. 2026 was 36.91%.


The historical rank and industry rank for Diana Shipping's Gross Margin % or its related term are showing as below:

DSX' s Gross Margin % Range Over the Past 10 Years
Min: -58.73   Med: 33.12   Max: 57.82
Current: 34.58


During the past 13 years, the highest Gross Margin % of Diana Shipping was 57.82%. The lowest was -58.73%. And the median was 33.12%.

DSX's Gross Margin % is ranked better than
75.84% of 985 companies
in the Transportation industry
Industry Median: 20.42 vs DSX: 34.58

Diana Shipping had a gross margin of 36.91% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Diana Shipping was 9.50% per year.


Diana Shipping  (NYSE:DSX) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Diana Shipping had a gross margin of 36.91% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Diana Shipping Gross Margin % Related Terms


Diana Shipping Gross Margin % Historical Data

* Premium members only.

The historical data trend for Diana Shipping's Gross Margin % 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 Gross Margin % Chart

Diana Shipping Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.60 57.82 43.19 38.26 34.82

Diana Shipping Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 37.85 36.51 32.75 31.91 36.91

DSX vs SHIP, GASS, SMHI: Gross Margin % Comparison

For the Marine Shipping subindustry, Diana Shipping's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Diana Shipping's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Diana Shipping's Gross Margin % falls into.


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

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Diana Shipping's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=74.4 / 213.541
=(Revenue - Cost of Goods Sold) / Revenue
=(213.541 - 139.186) / 213.541
=34.82 %

Diana Shipping's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=20.2 / 54.735
=(Revenue - Cost of Goods Sold) / Revenue
=(54.735 - 34.533) / 54.735
=36.91 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 36.91% mean?
Diana Shipping (DSX) has a Gross Margin % of 36.91% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Diana Shipping and its competitors. This is 11% above median its historical median of 33.12. According to the industry distribution chart, Diana Shipping ranks #238 out of 985 companies in the Transportation industry, placing it in the top 24.2%.
Is Diana Shipping's Gross Margin % too high?
Diana Shipping's current Gross Margin % of 36.91% is 11% above median its 10-year median of 33.12. The Transportation industry median Gross Margin % is 20.42. Diana Shipping's value of 36.91% is 80.8% above this industry median. Based on the distribution chart, Diana Shipping ranks #238 out of 985 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. 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 Gross Margin % compare to SHIP and GASS?
According to the Transportation industry distribution chart, Diana Shipping ranks #238 out of 985 companies for Gross Margin %. This places Diana Shipping in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.42. Diana Shipping's value of 36.91% is 80.8% above this benchmark. While the company's 10-year median is 33.12 vs. the industry median of 20.42, 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 Gross Margin % for a Transportation company?
The median Gross Margin % among Transportation companies is 20.42, based on 985 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Diana Shipping's current Gross Margin % of 36.91% is 80.8% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Diana Shipping and its competitors. For the Transportation industry, the median Gross Margin % is 20.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diana Shipping's current Gross Margin % is 36.91%, which is 11% above median its own 10-year median of 33.12. 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 $2.04 — trading 5.6% below its estimated fair value. The current Gross Margin % is 36.91%, which is 11% above median its 10-year median of 33.12 and 80.8% above the Transportation industry median of 20.42. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Diana Shipping (DSX), the current Gross Margin % is 36.91% 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 $2.04 is trading 5.6% below its estimated GF Value™ of $2.16. GuruFocus considers Diana Shipping to be Fairly Valued.

Key valuation signals for DSX:

  • Gross Margin %: 36.91% (11% above median its 10-year median of 33.12)
  • GF Value™: $2.16 vs. price of $2.04 (5.6% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 80.8% above the Transportation median (#238 of 985)

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

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

$2.04
Price
$2.16
GF Value