DHT Holdings
DHT
24.74
+1.03
+4.34%
DHT Holdings
US · DHT
#2314 by market cap
Listed 1970
24.74
+1.03
+4.34%
Live - 5344 symbols - heartbeat 84s ago
· 2026-10-08 10:11
Pre-market
24.48
+3.25%
After-hours
23.72
+0.04%
Overnight
23.62
-0.38%
- Market cap
- 3.99B
- P/E (TTM)i
- 8.41
- P/Bi
- 3.00
- EPSi
- 1.31
- Div yieldi
- 5.94%
- 52W posi
- 98%
Reader sentiment
Are you bullish or bearish on DHT?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 5.78, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year -12.83% YoY
Margins
- Gross margin
- 38.31%
- Operating margin
- 34.52%
- Net margin
- 42.35%
Key ratios & quality
- Enterprise valuei
- 4.34B
- PEG ratioi
- 0.17
- Altman Z-Scorei
- 5.78
PEG uses trailing P/E against the 3-year net income growth rate (50.83%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 375.94M | 535.07M | 691.04M | 295.85M | 454.15M | 560.56M | 571.77M | 498.40M |
| Gross profit | 34.78M | 153.66M | 344.04M | -3.00M | 71.58M | 210.56M | 201.67M | 190.95M |
| Selling & admin expenses | 15.05M | 14.79M | 17.89M | 16.57M | 16.89M | 17.45M | 18.94M | 19.89M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 19.72M | 138.87M | 326.15M | -14.95M | 54.69M | 193.11M | 182.73M | 172.03M |
| Pretax profit | -46.85M | 73.81M | 267.18M | -11.15M | 62.57M | 162.05M | 182.07M | 211.38M |
| Tax | 83.00K | 131.00K | 900.00K | 360.00K | 587.00K | 649.00K | 608.00K | 413.00K |
| Net profit | -46.93M | 73.68M | 266.28M | -11.51M | 61.98M | 161.40M | 181.46M | 210.96M |
| Basic EPS | 0 | 1 | 2 | 0 | 0 | 1 | 1 | 1 |
| Diluted EPS | -0.33 | 0.51 | 1.61 | -0.07 | 0.37 | 0.99 | 1.12 | 1.31 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 118.57M | 128.32M | 107.35M | 144.16M | 186.48M | 285.01M |
| Gross profit | 34.65M | 47.44M | 34.90M | 73.96M | 112.62M | 208.83M |
| Selling & admin expenses | 5.55M | 4.59M | 4.13M | 5.62M | 4.96M | 5.59M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 29.10M | 42.85M | 31.73M | 68.34M | 107.66M | 203.23M |
| Pretax profit | 44.14M | 56.06M | 44.90M | 66.28M | 164.65M | 198.40M |
| Tax | 84.00K | 29.00K | 93.00K | 207.00K | 126.00K | 62.00K |
| Net profit | 44.05M | 56.03M | 44.81M | 66.08M | 164.53M | 198.34M |
| Basic EPS | 0 | 0 | 0 | 0 | 1 | 1 |
| Diluted EPS | 0.27 | 0.35 | 0.28 | 0.41 | 1.02 | 1.23 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 193.32M | 218.29M | 118.28M | 131.97M | 235.59M | 200.50M | 201.89M | 208.92M |
| Cash & ST investments | 94.94M | 67.36M | 68.64M | 60.37M | 125.95M | 74.74M | 78.14M | 79.03M |
| Inventory | 32.21M | 34.09M | 11.85M | 33.40M | 33.07M | 33.81M | 37.69M | 24.68M |
| Total assets | 1.86B | 1.83B | 1.62B | 1.61B | 1.51B | 1.49B | 1.49B | 1.60B |
| Total current liabilities | 123.70M | 130.24M | 47.93M | 41.94M | 64.37M | 56.61M | 109.61M | 74.72M |
| Short-term debt | 93.82M | 100.39M | 3.40M | 10.42M | 30.80M | 31.72M | 80.04M | 40.49M |
| Long-term debt | 873.46M | 750.59M | 446.56M | 512.51M | 367.07M | 398.43M | 330.78M | 389.24M |
| Total liabilities | 1,002,189,000.00 | 894,769,000.00 | 513,049,000.00 | 562,003,000.00 | 434,988,000.00 | 460,556,000.00 | 443,886,000.00 | 469,692,000.00 |
| Total equity | 861.67M | 932.45M | 1.11B | 1.05B | 1.07B | 1.03B | 1.04B | 1.13B |
| Retained earnings | -285.38M | -240.17M | -188.71M | -222.41M | -180.66M | -206.48M | -186.32M | -96.22M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 172.04M | 193.70M | 146.59M | 208.92M | 267.11M | 302.73M |
| Cash & ST investments | 80.51M | 82.66M | 81.25M | 79.03M | 126.25M | 161.68M |
| Inventory | 33.03M | 30.68M | 23.50M | 24.68M | 30.24M | 26.84M |
| Total assets | 1.46B | 1.43B | 1.40B | 1.60B | 1.79B | 1.81B |
| Total current liabilities | 107.93M | 83.28M | 60.80M | 74.72M | 146.09M | 83.11M |
| Short-term debt | 78.77M | 49.07M | 31.55M | 40.49M | 105.56M | 45.43M |
| Long-term debt | 285.30M | 253.73M | 236.98M | 389.24M | 400.70M | 389.37M |
| Total liabilities | 396,581,000.00 | 341,465,000.00 | 302,376,000.00 | 469,692,000.00 | 552,311,000.00 | 478,315,000.00 |
| Total equity | 1.06B | 1.09B | 1.10B | 1.13B | 1.23B | 1.33B |
| Retained earnings | -169.49M | -139.33M | -133.12M | -96.22M | 2.28M | 97.55M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 53.99M | 155.96M | 529.87M | 60.56M | 127.91M | 251.41M | 298.65M | 276.65M |
| Depreciation & amortization | 103.48M | 115.58M | 124.25M | 128.64M | 123.26M | 108.90M | 111.88M | 106.37M |
| Free cash flow | -180.98M | 102.07M | 502.32M | -114.04M | 117.76M | 123.18M | 201.62M | -33.29M |
| Dividends paid | -11.49M | -28.69M | -214.67M | -22.08M | -19.68M | -186.67M | -161.40M | -118.91M |
| Stock buybacks / issuance | -5.03M | -3.25M | 0 | -32.18M | -24.76M | -18.81M | -13.20M | 0 |
| Ending cash balance | 94.94M | 67.36M | 68.64M | 60.66M | 125.95M | 74.74M | 78.14M | 79.03M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 59.21M | 83.58M | 60.89M | 72.97M | 98.74M | 219.54M |
| Depreciation & amortization | 27.27M | 26.14M | 25.97M | 26.99M | 25.65M | 27.75M |
| Free cash flow | 33.40M | 43.70M | 22.31M | -132.70M | -64.25M | 210.37M |
| Dividends paid | -27.29M | -24.09M | -38.59M | -28.94M | -66.03M | -103.07M |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 80.51M | 82.66M | 81.25M | 79.03M | 126.25M | 161.68M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -5.25 | 8.21 | 26.09 | -1.07 | 5.82 | 15.40 | 17.56 | 19.44 |
| ROA %i | -2.61 | 3.99 | 15.44 | -0.71 | 3.95 | 10.75 | 12.18 | 13.67 |
| ROIC %i | -0.43 | 7.08 | 18.21 | 0.46 | 5.69 | 12.97 | 14.30 | 14.75 |
| 5-year avg ROE %i | 2.89 | 4.00 | 6.23 | 5.76 | 6.76 | 10.89 | 12.76 | 11.43 |
| EBIT margin %i | 1.96 | 24.14 | 44.22 | 4.93 | 19.55 | 34.81 | 37.16 | 45.25 |
| FCF / sales %i | -- | 19.08 | 72.69 | -- | 25.93 | 21.97 | 35.26 | -- |
| Current ratioi | 1.56 | 1.68 | 2.47 | 3.15 | 3.66 | 3.54 | 1.84 | 2.80 |
| Quick ratioi | 1.25 | 1.35 | 2.06 | 2.16 | 2.88 | 2.66 | 1.20 | 1.77 |
| Debt / assetsi | 51.90 | 46.57 | 27.74 | 32.66 | 26.38 | 28.83 | 27.63 | 26.81 |
| LT debt / equityi | 101.37 | 80.50 | 40.27 | 49.19 | 34.35 | 38.79 | 31.86 | 34.35 |
| Interest coveragei | 0.14 | 2.33 | 7.96 | 0.57 | 3.39 | 5.90 | 6.99 | 15.92 |
| Revenue CAGR (3Y) %i | 0.98 | 14.55 | 24.85 | -7.68 | -5.32 | -6.74 | 24.56 | 3.15 |
| Net income CAGR (3Y) %i | -- | 99.64 | 242.94 | -- | -5.83 | -15.38 | -- | 50.83 |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | 4.88 | -37.41 | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 17.04 | 17.90 | 18.81 | 19.44 | 28.96 | 39.18 |
| ROA %i | 12.19 | 13.05 | 13.92 | 13.67 | 20.44 | 29.26 |
| ROIC %i | 14.11 | 14.75 | 15.33 | 14.75 | 21.64 | 30.80 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 37.85 | 41.00 | 44.94 | 45.25 | 60.99 | 67.76 |
| FCF / sales %i | 31.11 | 35.00 | 31.34 | -- | -- | 5.01 |
| Current ratioi | 1.59 | 2.33 | 2.41 | 2.80 | 1.83 | 3.64 |
| Quick ratioi | 1.21 | 1.47 | 1.89 | 1.77 | 1.45 | 2.99 |
| Debt / assetsi | 24.97 | 21.17 | 19.21 | 26.81 | 28.36 | 24.05 |
| LT debt / equityi | 26.99 | 23.30 | 21.63 | 34.35 | 32.51 | 29.29 |
| Interest coveragei | 7.69 | 9.28 | 11.95 | 15.92 | 25.61 | 31.21 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Single segment100.00%
Quote time 2026-10-08 10:11:25 · For reference only, not investment advice and not tailored to your situation.