Saturday 17 October 2026
Export ZIM’s income statement to Excel — free account
ZIM Integrated Shipping Services Ltd.
ZIM Industrials Marine Shipping
ZIM Integrated Shipping Services Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $6.9 billion, down 18.1% from fiscal 2024. In the quarter to June 2026, revenue grew 8.86%, EPS grew 179.0%, free cash flow fell 9.51% and total debt fell 10.0%, each against the same quarter a year earlier.
29.18
0.36
−1.22%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | 11.34 | 16.23 | 6.39 | 9.08 | 11.04 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | 62.20 | 91.23 | 25.12 | 30.15 | 23.61 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | 3,782 | 3,794 | 4,427 | 4,830 | 4,778 | 4,850 | 4,714 | ||||
| Revenue/emp, $m | 0.00 | 0.00 | 0.00 | 0.87 | 1.05 | 2.42 | 2.60 | 1.08 | 1.74 | 1.46 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 2,539 | 2,978 | 3,248 | 3,300 | 3,992 | 10,729 | 12,562 | 5,162 | 8,427 | 6,904 | ||||
| Gross margin, % | 1.73 | 9.07 | 4.22 | 7.97 | 21.67 | 56.54 | 51.16 | (42.76) | 33.04 | 19.13 | |||||
| EBT | (150) | 18 | (111) | (1) | 541 | 5,660 | 6,027 | (2,815) | 2,205 | 659 | |||||
| EBT margin, % | (5.91) | 0.60 | (3.42) | (0.04) | 13.55 | 52.75 | 47.98 | (54.54) | 26.16 | 9.54 | |||||
| Net income | (168) | 0 | (126) | (13) | 524 | 4,649 | 4,629 | (2,688) | 2,154 | 482 | |||||
| Depreciation | 101 | 108 | 112 | 246 | 314 | 779 | 1,396 | 1,472 | 1,143 | 1,286 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 0.00 | 0.00 | 0.00 | 33.00 | 39.92 | 93.21 | 104.67 | 42.94 | 70.02 | 57.32 | ||||
| Earnings | — | — | — | (0.13) | 5.18 | 40.31 | 38.49 | (22.42) | 17.84 | 3.98 | |||||
| Cash flow | 0.00 | 0.00 | 0.00 | 3.71 | 8.81 | 51.87 | 50.91 | 8.48 | 31.18 | 19.09 | |||||
| Capex | — | — | — | 0.29 | (0.36) | (8.64) | (2.48) | (0.73) | (1.62) | (1.50) | |||||
| Free cash flow | 0.00 | 0.00 | 0.00 | 3.99 | 8.45 | 43.24 | 48.43 | 7.75 | 29.56 | 17.59 | |||||
| Book value | 0.00 | 0.00 | 0.00 | (2.52) | 2.74 | 39.96 | 49.13 | 20.45 | 33.59 | 33.42 | |||||
| Shares, m | — | — | — | 100 | 100 | 115 | 120 | 120 | 120 | 120 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 2.49 | 2.49 | 2.49 | 2.49 | 2.49 | 1.47 | 0.44 | 0.00 | 1.20 | 5.33 | ||||
| P/S | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.63 | 0.16 | 0.26 | 0.31 | 0.37 | |||||
| P/B | 5.17 | 5.17 | 5.17 | 5.17 | 5.17 | 1.47 | 0.35 | 0.55 | 0.64 | 0.64 | |||||
| EV/Sales | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 | 0.51 | 0.14 | 0.56 | 0.61 | 0.78 | |||||
| EV/FCF | 2.73 | 2.73 | 2.73 | 2.73 | 2.73 | 1.11 | 0.30 | 3.13 | 1.46 | 2.55 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | (40) | 150 | 142 | 371 | 881 | 5,971 | 6,110 | 1,020 | 3,753 | 2,300 | ||||
| Capex | (13) | (29) | (23) | 29 | (36) | (994) | (297) | (88) | (195) | (181) | |||||
| Free cash flow | (40) | 150 | 142 | 399 | 845 | 4,977 | 5,813 | 932 | 3,557 | 2,118 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | (86) | (124) | (197) | (296) | 50 | 2,328 | 1,609 | 53 | 650 | 497 | ||||
| Total debt | 1,367 | 1,448 | 1,371 | 1,324 | 1,470 | 2,430 | 2,967 | 3,366 | 4,708 | 4,642 | |||||
| Net debt | 1,180 | 1,195 | 1,116 | 1,082 | 840 | (1,258) | (288) | 1,570 | 2,593 | 2,855 | |||||
| Shareholders’ equity | (104) | (100) | (230) | (252) | 274 | 4,600 | 5,896 | 2,458 | 4,043 | 4,026 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | (9.58) | 0.70 | (7.14) | (0.97) | 21.81 | 73.27 | 43.04 | (26.99) | 21.76 | 4.28 | ||||
| ROIC | 0.00 | 0.00 | 0.00 | 11.53 | 40.48 | 108.78 | 68.39 | (38.96) | 23.80 | 9.23 | |||||
| ROE | 164.71 | (5.88) | 76.36 | 7.53 | 4,668.84 | 190.41 | 88.03 | (64.54) | 66.08 | 11.88 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
ZIM Integrated Shipping Services Ltd. vs peers in Marine Shipping (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| KEX Kirby Corporation | $7.2B | 20.9× | 20.0× | +7.83% (above 0%: growing) | 0.00% | −78.14% (below 0%: shrinking) | 31.53% | 13.27% | Compare |
| MATX Matson, Inc. | $7.1B | 15.5× | 13.4× | +16.72% (above 0%: growing) | +45.76% (above 0%: growing) | −455.10% (below 0%: shrinking) | 23.94% | 16.39% | Compare |
| HAFN Hafnia Limited | $5.4B | 7.6× | — | +47.21% (above 0%: growing) | +273.33% (above 0%: growing) | +193.17% (above 0%: growing) | 37.79% | 34.33% | Compare |
| ZIM ZIM Integrated Shipping Services Ltd. | $3.6B | 25.2× | — (loss-making) | +8.86% (above 0%: growing) | +178.95% (above 0%: growing) | −9.51% (below 0%: shrinking) | 14.32% | 8.10% | |
| ECO Okeanis Eco Tankers Corp. | $3.4B | 8.4× | 4.2× | +239.40% (above 0%: growing) | +602.38% (above 0%: growing) | +196.66% (above 0%: growing) | 80.71% | 74.97% | Compare |
| SBLK Star Bulk Carriers Corp. | $3.1B | 10.9× | 7.5× | +44.46% (above 0%: growing) | +433,233.33% (above 0%: growing) | +25.84% (above 0%: growing) | 56.88% | 43.38% | Compare |
| DAC Danaos Corporation | $2.9B | 5.3× | 4.7× | +4.66% (above 0%: growing) | +16.81% (above 0%: growing) | −81.11% (below 0%: shrinking) | 72.84% | 48.38% | Compare |
| NMM Navios Maritime Partners LP | $2.5B | 5.7× | 4.1× | +25.22% (above 0%: growing) | +147.01% (above 0%: growing) | +252.84% (above 0%: growing) | 65.58% | 39.64% | Compare |
| SFL SFL Corporation Ltd. | $1.9B | 25.8× | 29.6× | +4.25% (above 0%: growing) | +2,400.00% (above 0%: growing) | −18.32% (below 0%: shrinking) | 63.23% | 32.49% | Compare |
| Median of peers | $3.3B | 9.6× | 7.5× | +20.97% | +210.17% | +3.76% | 60.05% | 36.99% |
ZIM Integrated Shipping Services Ltd. (ZIM) key facts
- Concern: ZIM Integrated Shipping Services Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $6.9 billion, down 18.1% from fiscal 2024.
- ZIM Integrated Shipping Services Ltd. (ZIM) is a Marine Shipping company in the Industrials sector, listed on the New York Stock Exchange.
- As of October 16, 2026, ZIM traded at $29.18, a market capitalization of $3.6 billion.
- ZIM Integrated Shipping Services Ltd. pays an annual dividend of $1.19 per share, a yield of 4.08%, with a payout ratio of 103.5%.
- Return on equity was 11.9% and debt-to-equity 1.10.
- Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 1.46 (distress zone) for fiscal 2025.