HSHP (Himalaya Shipping) Gross Margin %: 54.76% (As of Mar. 2026) — Near Median


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 Gross Margin %?

Himalaya Shipping HSHP -2.99% 57 Gross Margin % is 54.76% as of Mar. 2026, which is 1% below its 10-year median of 55.42. 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. Among 985 Transportation companies, Himalaya Shipping ranks better than 91.37% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Himalaya Shipping's Gross Profit for the three months ended in Mar. 2026 was $18.4 Mil. Himalaya Shipping's Revenue for the three months ended in Mar. 2026 was $33.6 Mil. Therefore, Himalaya Shipping's Gross Margin % for the quarter that ended in Mar. 2026 was 54.76%.


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

HSHP' s Gross Margin % Range Over the Past 10 Years
Min: 50.14   Med: 55.42   Max: 58.43
Current: 58.43


During the past 5 years, the highest Gross Margin % of Himalaya Shipping was 58.43%. The lowest was 50.14%. And the median was 55.42%.

HSHP's Gross Margin % is ranked better than
91.37% of 985 companies
in the Transportation industry
Industry Median: 20.42 vs HSHP: 58.43

Himalaya Shipping had a gross margin of 54.76% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Himalaya Shipping was 0.00% per year.


Himalaya Shipping  (NYSE:HSHP) 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

Himalaya Shipping had a gross margin of 54.76% for the quarter that ended in Mar. 2026 => Durable competitive advantage


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.


Himalaya Shipping Gross Margin % Related Terms


Himalaya Shipping Gross Margin % Historical Data

* Premium members only.

The historical data trend for Himalaya 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.

Himalaya Shipping Gross Margin % Chart

Himalaya Shipping Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
0.00 0.00 50.14 58.01 55.42

Himalaya Shipping Quarterly Data
Jun21 Dec21 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 34.55 50.50 60.95 64.61 54.76

Himalaya Shipping Gross Margin % Competitor Comparison

For the Marine Shipping subindustry, Himalaya 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.


Himalaya Shipping Gross Margin % vs Transportation Industry

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

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


HSHP
57GF Score
Himalaya Shipping Ltd HSHP
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Himalaya Shipping Gross Margin % Calculation

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

Himalaya 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 )
=73.1 / 131.9
=(Revenue - Cost of Goods Sold) / Revenue
=(131.9 - 58.8) / 131.9
=55.42 %

Himalaya 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 )
=18.4 / 33.6
=(Revenue - Cost of Goods Sold) / Revenue
=(33.6 - 15.2) / 33.6
=54.76 %

* 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 54.76% mean?
Himalaya Shipping (HSHP) has a Gross Margin % of 54.76% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Himalaya Shipping and its competitors. This is near median its historical median of 55.42. Over the past decade, Himalaya Shipping's Gross Margin % has ranged from 50.14 to 58.43. According to the industry distribution chart, Himalaya Shipping ranks #85 out of 985 companies in the Transportation industry, placing it in the top 8.6%.
Is Himalaya Shipping's Gross Margin % too high?
Himalaya Shipping's current Gross Margin % of 54.76% is near median its 10-year median of 55.42. Over the past 10 years, this metric has ranged from a low of 50.14 to a high of 58.43. The Transportation industry median Gross Margin % is 20.42. Himalaya Shipping's value of 54.76% is 168.2% above this industry median. Based on the distribution chart, Himalaya Shipping ranks #85 out of 985 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. 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 Gross Margin % compare to competitors?
According to the Transportation industry distribution chart, Himalaya Shipping ranks #85 out of 985 companies for Gross Margin %. This places Himalaya Shipping in the top 9% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 20.42. Himalaya Shipping's value of 54.76% is 168.2% above this benchmark. Historically, Himalaya Shipping's own Gross Margin % has ranged from 50.14 to 58.43 over the past decade. While the company's 10-year median is 55.42 vs. the industry median of 20.42, Himalaya 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. Himalaya Shipping's current Gross Margin % of 54.76% is 168.2% 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 Himalaya 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. Himalaya Shipping's current Gross Margin % is 54.76%, which is near median its own 10-year median of 55.42. 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 Gross Margin % is 54.76%, which is near median its 10-year median of 55.42 and 168.2% above the Transportation industry median of 20.42. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Himalaya Shipping (HSHP), the current Gross Margin % is 54.76% 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:

  • Gross Margin %: 54.76% (near median its 10-year median of 55.42)
  • GF Value™: $13.47 vs. price of $13.30 (1.3% below fair value)
  • GF Score™: 57/100 with 9 warning signs
  • Industry Position: 168.2% above the Transportation median (#85 of 985)

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

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

$13.30
Price
$13.47
GF Value