Saturday 17 October 2026 Export DSX’s income statement to Excel — free account

Diana Shipping inc.

Diana Shipping inc.’s revenue for fiscal 2025 (year ended December 2025) was $213.5 million, down 6.43% from fiscal 2024. In the quarter to June 2026, revenue grew 4.75%, EPS grew 466.7%, free cash flow grew 1.73% and total debt was flat, each against the same quarter a year earlier.

2.50 0.06 −2.34%

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Market cap: $318.5M
P/E: 5.1×
Fwd P/E: 3.9×
Dividend yield: 1.60%
F-score: 7/9
Altman Z: −0.13
Beneish M: −2.83
Dividend safety: 50/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 51.06%

Capital & Financial Ratios $m

Market Cap 318.50

Revenue 215.94

Net Income 60.20

Free Cash Flow 132.18

Net Debt 350.59

Current Ratio 2.05

Debt/Equity 1.10

P/E ratio 5.10

Fwd P/E 3.90

P/S ratio 1.32

P/B ratio 0.52

Past 5Y EPS Growth —

This Y EPS Growth 592.15%

Next Y EPS Growth 50.00%

Next Y revenue growth 13.33%

Next 5Y EPS Growth 146.92%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 28.59%

10-year low 10-year high

P/S against its own 10 years 56.73%

10-year low 10-year high

P/B against its own 10 years 54.66%

10-year low 10-year high

EV/Sales against its own 10 years 25.14%

10-year low 10-year high

EV/FCF against its own 10 years 26.63%

10-year low 10-year high

Dividends

Payout Ratio 0.08

Annual Dividend Rate 0.04

Annual Dividend Yield 1.60%

	total	individual payouts
2027	Powerpack
2026	0.10	0.01 0.01 0.01
2025	0.20	0.01 0.01 0.01 0.01
2024	0.24	0.08 0.08 0.08 0.01
2023	0.60	0.15 0.15 0.15 0.15
2022	0.90	0.20 0.25 0.28 0.18
2021	0.10	0.10
2020	Powerpack
2019	Powerpack
2018	Powerpack
2017	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	162	188	227	255
Receivables	6	7	5	8
Inventory	5	4	4	4
Other	—	18	—	21
	182	207	245	277

	2023	2024	2025	Q'26
Payables	10	9	11	12
ST’ Debt	59	55	60	99
Other	—	0	0	2
	85	80	90	135

Compound Annual Growth %

	10y	5y	3y
Sales	3.08%	4.70%	(9.70%)
Cash Flow	7.09%	22.48%	(33.13%)
Earnings	0.00%	0.00%	(52.61%)
Book Value	(8.48%)	3.23%	1.02%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	55	57	—	—	—
’25	55	55	52	52	214
’24	58	56	57	57	228
’23	73	67	62	60	262
’22	66	75	74	76	290
’21	41	47	57	69	214
’20	44	41	42	43	170

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	20	18	—	—	—
’25	17	9	—	48	48
’24	38	11	19	15	84
’23	33	19	20	(2)	70
’22	37	44	43	35	159
’21	6	21	30	32	90
’20	7	4	0	6	17

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	20	18	—	—	—
’25	17	9	—	48	67
’24	38	11	19	15	94
’23	33	19	20	(2)	75
’22	37	44	43	35	(68)
’21	6	21	30	32	104
’20	7	4	0	6	27

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.25	0.16	—	—	—
’25	0.01	0.03	0.05	0.02	0.11
’24	0.01	(0.04)	0.00	0.02	0.05
’23	0.22	0.09	0.06	0.06	0.42
’22	0.31	0.42	0.37	0.27	1.36
’21	(0.03)	0.02	0.16	0.48	0.61
’20	(1.21)	(0.14)	(0.17)	(0.10)	(1.62)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	1.71	2.69	2.66	2.11	1.10	1.63	3.31	2.82	1.73	1.27	Analyst estimates 2026–2028 Powerpack
	High	4.36	5.43	4.52	3.64	2.75	5.57	6.89	4.85	3.22	2.04
People
People	Employees	1,018	1,099	1,041	1,025	918	1,025	1,020	1,018	981	939
	Revenue/emp, $m	0.11	0.15	0.22	0.22	0.18	0.21	0.28	0.26	0.23	0.23
Income, $m
Income, $m	Revenue	114	162	226	221	170	214	290	262	228	214
	Gross margin, %	12.67	38.87	54.50	52.82	41.45	62.50	72.76	62.19	57.85	56.61
	EBT	(164)	(512)	17	(11)	(134)	57	119	50	13	18
	EBT margin, %	(143.74)	(316.07)	7.33	(4.77)	(79.06)	26.79	41.06	19.02	5.59	8.35
	Net income	(164)	(512)	17	(11)	(134)	57	119	50	13	18
	Depreciation	83	88	54	50	44	42	46	52	47	49
Per share, $
Per share, $	Revenue	1.42	1.69	2.18	2.32	1.97	2.64	3.62	2.62	1.97	1.93
	Earnings	(2.11)	(5.41)	0.10	(0.17)	(1.62)	0.64	1.42	0.44	0.06	0.11
	Cash flow	(0.26)	0.24	0.77	0.52	0.20	1.11	1.98	0.70	0.72	0.43
	Capex	(0.64)	(1.29)	0.11	0.40	0.11	0.18	(2.83)	0.05	0.09	0.18
	Free cash flow	(0.90)	(1.05)	0.88	0.93	0.31	1.29	(0.85)	0.75	0.81	0.61
	Book value	13.13	6.53	6.05	5.99	4.98	4.85	6.09	4.88	4.36	4.55
	Shares, m	80	96	104	95	86	81	80	100	116	110
Valuation, ×
Valuation, ×	P/E	0.00	0.00	27.90	0.00	0.00	5.81	2.57	6.56	32.67	15.09
	P/S	2.03	2.18	1.28	1.18	0.86	1.47	1.01	1.13	1.00	0.86
	P/B	0.22	0.56	0.46	0.46	0.34	0.80	0.60	0.60	0.45	0.37
	EV/Sales	6.41	5.64	3.06	2.84	2.96	2.94	2.88	2.96	2.97	2.77
	EV/FCF	(1.36)	(2.17)	(2.90)	(8.37)	(10.71)	4.15	(10.84)	(4.18)	8.30	4.85
Cash, $m
Cash, $m	Operating cash flow	(21)	23	80	50	17	90	159	70	84	48
	Capex	(51)	(124)	12	38	9	15	(227)	5	11	20
	Free cash flow	(72)	(100)	92	88	27	104	(68)	75	94	67
Balance, $m
Balance, $m	Working capital	37	58	17	72	43	61	9	97	126	155
	Total debt	598	601	531	475	420	424	663	643	638	636
	Net debt	500	561	404	368	357	313	541	480	449	409
	Shareholders’ equity	1,057	625	628	570	429	393	487	489	505	502
Returns, %
Returns, %	ROA	(9.70)	(35.50)	0.89	(1.44)	(14.40)	6.02	11.19	3.75	0.60	1.03
	ROIC	(3.55)	(26.08)	2.32	1.59	(8.87)	5.62	8.68	5.53	3.85	2.89
	ROE	(14.95)	(61.56)	1.73	(2.72)	(28.03)	12.57	25.73	9.03	1.40	2.39

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
HSHP Himalaya Shipping Ltd.	$766.0M	14.2×	8.8×	+79.60% (above 0%: growing)	+2,500.00% (above 0%: growing)	+312.05% (above 0%: growing)	85.47%	68.34%	Compare
PANL Pangaea Logistics Solutions Ltd.	$515.3M	10.1×	5.7×	+19.42% (above 0%: growing)	n/m	+114.13% (above 0%: growing)	36.85%	11.41%	Compare
CMDB Costamare Bulkers Holdings Limited	$473.2M	11.7×	—	—	—	−166.66% (below 0%: shrinking)	37.19%	6.44%	Compare
ESEA Euroseas Ltd.	$443.5M	3.4×	3.9×	−1.28% (below 0%: shrinking)	+10.42% (above 0%: growing)	−70.14% (below 0%: shrinking)	78.65%	59.18%	Compare
SHIP Seanergy Maritime Holdings Corp	$340.0M	5.3×	6.0×	+48.58% (above 0%: growing)	+764.29% (above 0%: growing)	+144.12% (above 0%: growing)	75.84%	54.72%	Compare
GASS StealthGas, Inc.	$322.1M	5.4×	5.8×	−9.16% (below 0%: shrinking)	−16.36% (below 0%: shrinking)	−4.48% (below 0%: shrinking)	52.20%	31.55%	Compare
DSX Diana Shipping inc.	$318.5M	5.1×	3.9×	+4.75% (above 0%: growing)	+466.67% (above 0%: growing)	+1.73% (above 0%: growing)	57.47%	21.13%
SMHI SEACOR Marine Holdings Inc.	$218.7M	— (loss-making)	— (loss-making)	−10.16% (below 0%: shrinking)	n/m	+30.19% (above 0%: growing)	14.55%	29.23%	Compare
EDRY EuroDry	$136.0M	13.6×	7.3×	+56.96% (above 0%: growing)	n/m	+281.14% (above 0%: growing)	77.08%	49.77%	Compare
Median of peers	$391.7M	10.1×	5.9×	+19.42%	+387.36%	+72.16%	64.02%	40.66%

All 38 Marine Shipping stocks →

Diana Shipping inc. (DSX) key facts

Concern: Diana Shipping inc.’s revenue for fiscal 2025 (year ended December 2025) was $213.5 million, down 6.43% from fiscal 2024.
Diana Shipping inc. (DSX) is a Marine Shipping company in the Industrials sector, listed on the New York Stock Exchange.
As of October 16, 2026, DSX traded at $2.50, a market capitalization of $318.5 million.
Diana Shipping inc. pays an annual dividend of $0.04 per share, a yield of 1.60%, with a payout ratio of 8.33%.
Return on equity was 2.39% and debt-to-equity 1.10.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is −0.13 (distress zone) for fiscal 2025.