HSHP (Himalaya Shipping) Retained Earnings: $42.3 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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HSHP Himalaya Shipping Ltd HSHP
57 GF Score
Price $15.48
GF Value $14.92
Valuation Fairly Valued
! 9 Warning Signs
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What is Himalaya Shipping Retained Earnings?

Himalaya Shipping HSHP -1.37% 57 Retained Earnings is $42.3 Mil as of Mar. 2026. GuruFocus rates HSHP with a GF Score™ of 57/100 and a GF Value™ of $14.92 (Fairly Valued). The stock has 9 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Himalaya Shipping's retained earnings for the quarter that ended in Mar. 2026 was $42.3 Mil.

Himalaya Shipping's quarterly retained earnings increased from Sep. 2025 ($23.8 Mil) to Dec. 2025 ($37.3 Mil) and increased from Dec. 2025 ($37.3 Mil) to Mar. 2026 ($42.3 Mil).

Himalaya Shipping's annual retained earnings increased from Dec. 2023 ($-1.5 Mil) to Dec. 2024 ($19.6 Mil) and increased from Dec. 2024 ($19.6 Mil) to Dec. 2025 ($37.3 Mil).


Himalaya Shipping  (NYSE:HSHP) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Himalaya Shipping Retained Earnings Historical Data

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The historical data trend for Himalaya Shipping's Retained Earnings 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 Retained Earnings Chart

Himalaya Shipping Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
-1.00 -3.00 -1.48 19.60 37.30

Himalaya Shipping Quarterly Data
Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings 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 13.19 14.30 23.80 37.30 42.30
HSHP
57GF Score
Himalaya Shipping Ltd HSHP
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Himalaya Shipping Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $42.3 Mil mean?
Himalaya Shipping (HSHP) has a Retained Earnings of $42.3 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Himalaya Shipping and its competitors.
Is Himalaya Shipping's Retained Earnings too high?
Himalaya Shipping's current Retained Earnings is $42.3 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 Retained Earnings compare to competitors?
Himalaya Shipping's Retained Earnings of $42.3 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 Retained Earnings for a Transportation company?
A good Retained Earnings depends on the Transportation industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Himalaya Shipping and its competitors. Himalaya Shipping's current Retained Earnings is $42.3 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 $14.92, compared to a current price of $15.48 — trading 3.7% above its estimated fair value. The current Retained Earnings is $42.3 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 Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Himalaya Shipping (HSHP), the current Retained Earnings is $42.3 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 Himalaya Shipping (HSHP) Overvalued in 2026?

Based on GuruFocus' analysis, Himalaya Shipping stock appears to be overvalued. The current stock price of $15.48 is trading 3.7% above its estimated GF Value™ of $14.92. GuruFocus considers Himalaya Shipping to be Fairly Valued.

Key valuation signals for HSHP:

  • Retained Earnings: $42.3 Mil
  • GF Value™: $14.92 vs. price of $15.48 (3.7% above 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

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

$15.48
Price
$14.92
GF Value