Diana ShippingDSX 67 3-Year ROIIC % is 62.34 as of Dec. 2025. GuruFocus rates DSX with a GF Score™ of 67/100 and a GF Value™ of $2.18 (Fairly Valued). The stock has 4 warning signs investors should review. Among 937 Transportation companies, Diana Shipping ranks better than 90.61% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Diana Shipping's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 62.34%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Diana Shipping's 3-Year ROIIC % or its related term are showing as below:
DSX's 3-Year ROIIC % is ranked better than 90.61% of 937
companies
in the Transportation industry
Industry Median: 1.97
vs DSX: 62.34
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Diana Shipping 3-Year ROIIC % Related Terms
Diana Shipping 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Diana Shipping's 3-Year ROIIC % 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.
DSX vs GASS, SMHI, SHIP: 3-Year ROIIC % Comparison
For the Marine Shipping subindustry, Diana Shipping's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Transportation Industry
For the Transportation industry and Industrials sector, Diana Shipping's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Diana Shipping's 3-Year ROIIC % falls into.
Diana Shipping's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 38.527 (Dec. 2025) - 138.058 (Dec. 2022) )
/
( 990.753 (Dec. 2025) - 1150.41 (Dec. 2022) )
=
-99.531
/
-159.657
=
62.34%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Diana Shipping (DSX) has a 3-Year ROIIC % of 62.34 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Diana Shipping and its competitors. According to the industry distribution chart, Diana Shipping ranks #88 out of 937 companies in the Transportation industry, placing it in the top 9.4%.
Is Diana Shipping's 3-Year ROIIC % too high?
Diana Shipping's current 3-Year ROIIC % is 62.34. The Transportation industry median 3-Year ROIIC % is 1.97. Diana Shipping's value of 62.34 is 3064.5% above this industry median. Based on the distribution chart, Diana Shipping ranks #88 out of 937 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 3-Year ROIIC % compare to GASS and SMHI?
According to the Transportation industry distribution chart, Diana Shipping ranks #88 out of 937 companies for 3-Year ROIIC %. This places Diana Shipping in the top 9% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 1.97. Diana Shipping's value of 62.34 is 3064.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Transportation company?
The median 3-Year ROIIC % among Transportation companies is 1.97, based on 937 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Diana Shipping's current 3-Year ROIIC % of 62.34 is 3064.5% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Diana Shipping and its competitors. For the Transportation industry, the median 3-Year ROIIC % is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diana Shipping's current 3-Year ROIIC % is 62.34. 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 $2.18, compared to a current price of $2.16 — trading 0.9% below its estimated fair value. The current 3-Year ROIIC % is 62.34 and 3064.5% above the Transportation industry median of 1.97. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Diana Shipping (DSX), the current 3-Year ROIIC % is 62.34 as of Dec. 2025. 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 $2.16 is trading 0.9% below its estimated GF Value™ of $2.18.
GuruFocus considers Diana Shipping to be Fairly Valued.
Key valuation signals for DSX:
3-Year ROIIC %: 62.34
GF Value™: $2.18 vs. price of $2.16 (0.9% below fair value)
Industry Position: 3064.5% above the Transportation median (#88 of 937)
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 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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