Dht Holdings, Inc. - Understand $dht stock

$DHT Market Cap: $1.568 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$583.8M

TTM

Gross Margin

55.51%

TTM

Net Earnings

$161.8M

TTM

Current Assets

$181.5M

Q3 2024

Current Liabilities

$75.27M

Q3 2024

Current Ratio

241.17%

Q3 2024

Total Assets

$1.475B

Q3 2024

Total Liabilities

$443.8M

Q3 2024

Book Value

$1.031B

Q3 2024

Cash

$73.83M

Q3 2024

P/E

9.690

Nov 29, 2024 EST

Free Cash Flow

$188.9M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue	$560.6M	$454.1M	$295.9M	$691.0M	$535.1M	$375.9M	$355.1M	$356.0M	$365.1M	$150.8M	$87.00M	$97.20M	$100.1M	$89.70M	$102.6M	$114.6M	$81.40M	$86.80M	$104.3M	$136.2M	$65.80M
YoY Change	23.43%	53.5%	-57.18%	29.13%	42.35%	5.86%	-0.25%	-2.49%	142.11%	73.33%	-10.49%	-2.9%	11.59%	-12.57%	-10.47%	40.79%	-6.22%	-16.78%	-23.42%	106.99%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue	$560.6M	$454.1M	$295.9M	$691.0M	$535.1M	$375.9M	$355.1M	$356.0M	$365.1M	$150.8M	$87.00M	$97.20M	$100.1M	$89.70M	$102.6M	$114.6M	$81.40M	$86.80M	$104.3M	$136.2M	$65.80M
Cost Of Revenue	$241.1M	$259.3M	$170.2M	$222.8M	$265.8M	$237.7M	$185.7M	$127.2M	$128.7M	$92.10M	$50.30M	$35.20M	$32.10M	$30.20M	$30.00M	$21.40M	$19.40M	$18.70M	$18.90M	$15.80M	$11.00M
Gross Profit	$319.5M	$194.8M	$125.6M	$468.3M	$269.2M	$138.3M	$169.3M	$228.8M	$236.5M	$58.70M	$36.70M	$62.00M	$68.00M	$59.50M	$72.50M	$93.20M	$62.00M	$68.10M	$85.40M	$120.4M	$54.90M
Gross Profit Margin	56.99%	42.9%	42.47%	67.77%	50.31%	36.79%	47.68%	64.27%	64.78%	38.93%	42.18%	63.79%	67.93%	66.33%	70.66%	81.33%	76.17%	78.46%	81.88%	88.4%	83.43%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Selling, General & Admin	$17.45M	$16.89M	$16.57M	$17.90M	$14.80M	$15.10M	$17.20M	$19.40M	$21.60M	$18.10M	$8.800M	$9.800M	$9.200M	$7.900M	$4.600M	$4.800M	$3.800M	$2.400M	$6.500M	$7.300M	$4.800M
YoY Change	3.31%	1.96%	-7.46%	20.95%	-1.99%	-12.21%	-11.34%	-10.19%	19.34%	105.68%	-10.2%	6.52%	16.46%	71.74%	-4.17%	26.32%	58.33%	-63.08%	-10.96%	52.08%
% of Gross Profit	5.46%	8.67%	13.18%	3.82%	5.5%	10.92%	10.16%	8.48%	9.13%	30.83%	23.98%	15.81%	13.53%	13.28%	6.34%	5.15%	6.13%	3.52%	7.61%	6.06%	8.74%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$108.9M	$123.3M	$128.6M	$124.2M	$115.6M	$103.5M	$96.80M	$84.30M	$78.70M	$45.10M	$26.90M	$32.40M	$30.50M	$28.40M	$26.80M	$25.90M	$17.30M	$16.90M	$17.90M	$16.80M	$13.90M
YoY Change	-11.64%	-4.19%	3.57%	7.44%	11.69%	6.92%	14.83%	7.12%	74.5%	67.66%	-16.98%	6.23%	7.39%	5.97%	3.47%	49.71%	2.37%	-5.59%	6.55%	20.86%
% of Gross Profit	34.09%	63.26%	102.39%	26.52%	42.94%	74.84%	57.18%	36.84%	33.28%	76.83%	73.3%	52.26%	44.85%	47.73%	36.97%	27.79%	27.9%	24.82%	20.96%	13.95%	25.32%
Operating Expenses	$126.4M	$140.1M	$140.6M	$142.0M	$130.4M	$118.5M	$113.9M	$103.7M	$100.3M	$63.20M	$35.00M	$48.80M	$45.60M	$36.30M	$31.40M	$30.70M	$21.10M	$19.30M	$24.40M	$25.10M	$19.50M
YoY Change	-9.84%	-0.32%	-0.99%	8.9%	10.04%	4.04%	9.84%	3.39%	58.7%	80.57%	-28.28%	7.02%	25.62%	15.61%	2.28%	45.5%	9.33%	-20.9%	-2.79%	28.72%
Operating Profit	$193.1M	$54.69M	-$14.95M	$326.3M	$138.8M	$19.80M	$55.40M	$125.1M	$136.2M	-$4.500M	$1.700M	$13.20M	$22.40M	$23.20M	$41.10M	$62.50M	$40.90M	$48.80M	$61.00M	$95.30M	$35.40M
YoY Change	253.09%	-465.8%	-104.58%	135.09%	601.01%	-64.26%	-55.72%	-8.15%	-3126.67%	-364.71%	-87.12%	-41.07%	-3.45%	-43.55%	-34.24%	52.81%	-16.19%	-20.0%	-35.99%	169.21%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Interest Expense	-$29.08M	$26.20M	-$11.99M	-$45.10M	-$63.30M	-$58.20M	-$37.00M	-$31.10M	-$29.40M	-$13.30M	-$4.600M	-$4.400M	-$6.300M	-$13.10M	-$21.90M	-$20.30M	-$13.50M	-$13.00M	-$6.400M	-$8.600M	-$5.900M
YoY Change	-211.01%	-318.44%	-73.41%	-28.75%	8.76%	57.3%	18.97%	5.78%	121.05%	189.13%	4.55%	-30.16%	-51.91%	-40.18%	7.88%	50.37%	3.85%	103.13%	-25.58%	45.76%
% of Operating Profit	-15.06%	47.9%		-13.82%	-45.61%	-293.94%	-66.79%	-24.86%	-21.59%		-270.59%	-33.33%	-28.13%	-56.47%	-53.28%	-32.48%	-33.01%	-26.64%	-10.49%	-9.02%	-16.67%
Other Income/Expense, Net	-$1.984M	-$2.826M	$644.0K	-$1.300M	-$1.700M	-$4.900M	$400.0K	$0.00	-$500.0K	-$1.200M	-$300.0K	$0.00	-$200.0K	-$3.700M	-$2.500M	$0.00		$0.00	-$1.500M	$0.00	$0.00
YoY Change	-29.79%	-538.82%	-149.54%	-23.53%	-65.31%	-1325.0%		-100.0%	-58.33%	300.0%		-100.0%	-94.59%	48.0%				-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Pretax Income	$162.0M	$62.57M	-$11.15M	$267.2M	$73.80M	-$46.80M	$6.700M	$9.400M	$105.4M	$13.00M	-$3.900M	-$93.90M	-$40.10M	$6.400M	$16.80M	$42.10M	$27.50M	$35.80M	$53.10M	$86.70M	$29.40M
YoY Change	159.0%	-661.29%	-104.17%	262.06%	-257.69%	-798.51%	-28.72%	-91.08%	710.77%	-433.33%	-95.85%	134.16%	-726.56%	-61.9%	-60.1%	53.09%	-23.18%	-32.58%	-38.75%	194.9%
Income Tax	$649.0K	$587.0K	$360.0K	$900.0K	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K	$200.0K	$200.0K	$200.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income	0.4%	0.94%		0.34%	0.14%		1.49%	1.06%	0.09%	0.77%				0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net Earnings	$161.4M	$61.98M	-$11.52M	$266.3M	$73.70M	-$46.90M	$6.600M	$9.300M	$105.3M	$12.90M	-$4.100M	-$94.10M	-$40.30M	$6.400M	$16.80M	$42.10M	$27.50M	$35.80M	$53.10M	$86.70M	$29.40M
YoY Change	160.33%	-637.97%	-104.33%	261.33%	-257.14%	-810.61%	-29.03%	-91.17%	716.28%	-414.63%	-95.64%	133.5%	-729.69%	-61.9%	-60.1%	53.09%	-23.18%	-32.58%	-38.75%	194.9%
Net Earnings / Revenue	28.78%	13.65%	-3.89%	38.54%	13.77%	-12.48%	1.86%	2.61%	28.84%	8.55%	-4.71%	-96.81%	-40.26%	7.13%	16.37%	36.74%	33.78%	41.24%	50.91%	63.66%	44.68%
Basic Earnings Per Share
Diluted Earnings Per Share	$0.99	$0.37	-$68.14K	$1.566M	$438.2K	-$327.1K	$53.01K	$99.57K	$939.3K	$176.2K	-$234.3K	-$7.842M	-$7.750M	$1.561M	$4.308M	$14.03M	$11.00M	$14.32M	$21.24M	$34.68M	$11.76M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Cash & Short-Term Investments	$74.74M	$125.9M	$60.66M	$68.60M	$67.40M	$94.30M	$77.00M	$60.40M	$115.9M	$166.7M	$126.1M	$71.30M	$42.60M	$58.60M	$72.70M	$59.00M	$10.40M	$17.70M	$15.90M	$0.00
YoY Change	-40.66%	107.64%	-11.58%	1.78%	-28.53%	22.47%	27.48%	-47.89%	-30.47%	32.2%	76.86%	67.37%	-27.3%	-19.39%	23.22%	467.31%	-41.24%	11.32%
Cash & Equivalents	$74.74M	$125.9M	$60.66M	$68.60M	$67.40M	$94.30M	$77.00M	$60.40M	$115.9M	$166.7M	$126.1M	$71.30M	$42.60M	$58.60M	$72.70M	$59.00M	$10.40M	$17.70M	$15.90M	$0.00
Short-Term Investments
Other Short-Term Assets	$47.36M	$47.38M	$39.56M	$18.60M	$38.90M	$37.20M	$48.00M	$83.70M	$62.20M	$16.90M	$3.000M	$4.100M	$1.800M	$2.700M	$3.300M	$1.200M	$1.700M	$3.400M	$1.600M	$900.0K
YoY Change	-0.03%	19.77%	112.68%	-52.19%	4.57%	-22.5%	-42.65%	34.57%	268.05%	463.33%	-26.83%	127.78%	-33.33%	-18.18%	175.0%	-29.41%	-50.0%	112.5%	77.78%
Inventory
Prepaid Expenses
Receivables	$78.40M	$62.26M	$31.76M	$31.10M	$112.0M	$61.80M	$42.20M	$34.50M	$40.10M	$28.70M	$17.00M	$13.90M	$5.000M	$500.0K	$0.00	$8.800M	$1.500M	$4.000M	$5.500M	$27.50M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$200.5M	$235.6M	$132.0M	$118.3M	$218.3M	$193.3M	$167.1M	$178.5M	$218.3M	$212.3M	$146.1M	$89.30M	$49.40M	$61.70M	$76.00M	$69.00M	$13.60M	$25.10M	$23.00M	$28.40M
YoY Change	-14.9%	78.51%	11.56%	-45.81%	12.93%	15.68%	-6.39%	-18.23%	2.83%	45.31%	63.61%	80.77%	-19.94%	-18.82%	10.14%	407.35%	-45.82%	9.13%	-19.01%
Property, Plant & Equipment	$1.290B	$1.267B	$1.472B	$1.481B	$1.593B	$1.666B	$1.445B	$1.178B	$987.2M	$988.6M	$263.4M	$310.5M	$455.1M	$412.8M	$441.0M	$462.4M	$398.0M	$322.6M	$339.5M	$355.6M
YoY Change	1.85%	-13.91%	-0.65%	-6.99%	-4.42%	15.33%	22.61%	19.35%	-0.14%	275.32%	-15.17%	-31.77%	10.25%	-6.39%	-4.63%	16.18%	23.37%	-4.98%	-4.53%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments		$0.00	$5.406M	$5.200M	$4.800M	$4.400M	$4.000M	$3.400M	$3.000M	$2.700M
YoY Change		-100.0%	3.96%	8.33%	9.09%	10.0%	17.65%	13.33%	11.11%
Other Assets	$10.00K	$4.582M	$372.0K	$17.30M	$11.70M	$0.00	$114.8M	$43.60M	$215.4M	$174.5M	$37.10M		$0.00	$5.500M	$0.00		$10.60M	$1.400M	$1.600M	$4.600M
YoY Change	-99.78%	1131.72%	-97.85%	47.86%		-100.0%	163.3%	-79.76%	23.44%	370.35%			-100.0%				657.14%	-12.5%	-65.22%
Total Long-Term Assets	$1.292B	$1.273B	$1.477B	$1.504B	$1.609B	$1.671B	$1.563B	$1.225B	$1.206B	$1.166B	$300.5M	$310.5M	$455.2M	$419.2M	$442.0M	$462.3M	$408.6M	$323.9M	$341.1M	$360.1M
YoY Change	1.48%	-13.84%	-1.75%	-6.54%	-3.69%	6.86%	27.6%	1.63%	3.41%	287.95%	-3.22%	-31.79%	8.59%	-5.16%	-4.39%	13.14%	26.15%	-5.04%	-5.28%
Total Assets	$1.492B	$1.508B	$1.609B	$1.622B	$1.827B	$1.864B	$1.731B	$1.404B	$1.424B	$1.378B	$446.6M	$399.8M	$504.6M	$480.9M	$518.0M	$531.3M	$422.2M	$349.0M	$364.1M	$388.5M
YoY Change
Accounts Payable	$20.49M	$18.35M	$19.66M	$18.50M	$24.00M	$10.90M	$8.900M	$3.600M	$1.900M	$3.600M	$0.00	$2.200M	$200.0K	$100.0K	$300.0K	$100.0K	$100.0K	$100.0K	$100.0K	$100.0K
YoY Change	11.71%	-6.7%	6.28%	-22.92%	120.18%	22.47%	147.22%	89.47%	-47.22%		-100.0%	1000.0%	100.0%	-66.67%	200.0%	0.0%	0.0%	0.0%	0.0%
Accrued Expenses	$10.17M	$11.05M				$14.50M	$7.900M	$8.600M	$12.00M	$12.70M	$2.100M	$4.000M	$5.000M	$4.300M	$6.000M	$6.300M	$4.400M	$3.400M	$3.800M	$1.900M
YoY Change	-7.98%					83.54%	-8.14%	-28.33%	-5.51%	504.76%	-47.5%	-20.0%	16.28%	-28.33%	-4.76%	43.18%	29.41%	-10.53%	100.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$30.30M	$29.63M	$9.792M	$3.400M	$101.0M	$93.80M	$65.10M	$57.50M	$32.30M	$32.00M	$0.00	$9.000M	$16.90M	$0.00			$75.00M	$0.00	$0.00	$5.200M
YoY Change	2.28%	202.55%	188.0%	-96.63%	7.68%	44.09%	13.22%	78.02%	0.94%		-100.0%	-46.75%							-100.0%
Total Short-Term Liabilities	$56.61M	$64.37M	$41.94M	$47.90M	$130.2M	$123.7M	$83.00M	$74.30M	$52.80M	$67.90M	$5.800M	$16.10M	$34.00M	$15.60M	$25.90M	$25.20M	$96.60M	$9.600M	$10.80M	$7.200M
YoY Change	-12.07%	53.48%	-12.43%	-63.21%	5.25%	49.04%	11.71%	40.72%	-22.24%	1070.69%	-63.98%	-52.65%	117.95%	-39.77%	2.78%	-73.91%	906.25%	-11.11%	50.0%
Long-Term Debt	$398.4M	$367.1M	$512.5M	$446.6M	$752.8M	$873.5M	$721.2M	$644.0M	$630.2M	$629.3M	$156.0M	$202.6M	$263.6M	$265.2M	$293.0M	$342.9M	$253.7M	$236.0M	$236.0M	$254.7M
YoY Change	8.54%	-28.38%	14.76%	-40.67%	-13.82%	21.12%	11.99%	2.19%	0.14%	303.4%	-23.0%	-23.14%	-0.6%	-9.49%	-14.55%	35.16%	7.5%	0.0%	-7.34%
Other Long-Term Liabilities	$5.526M	$3.545M	$7.552M	$18.60M	$11.70M	$5.000M	$400.0K	$400.0K	$2.900M	$6.000M			$500.0K	$3.700M	$7.100M	$15.50M			$0.00	$1.800M
YoY Change	55.88%	-53.06%	-59.4%	58.97%	134.0%	1150.0%	0.0%	-86.21%	-51.67%				-86.49%	-47.89%	-54.19%				-100.0%
Total Long-Term Liabilities	$404.0M	$370.6M	$520.1M	$465.2M	$764.5M	$878.5M	$721.6M	$644.4M	$633.1M	$635.3M	$156.0M	$202.6M	$264.1M	$268.9M	$300.1M	$358.4M	$253.7M	$236.0M	$236.0M	$256.5M
YoY Change	9.0%	-28.74%	11.79%	-39.15%	-12.98%	21.74%	11.98%	1.78%	-0.35%	307.24%	-23.0%	-23.29%	-1.79%	-10.4%	-16.27%	41.27%	7.5%	0.0%	-7.99%
Total Liabilities	$465.1M	$440.0M	$562.0M	$513.1M	$894.8M	$1.002B	$804.6M	$718.7M	$685.9M	$703.2M	$161.8M	$218.8M	$298.1M	$284.5M	$326.0M	$383.5M	$350.3M	$245.6M	$246.8M	$263.7M
YoY Change	5.7%	-21.71%	9.54%	-42.66%	-10.72%	24.56%	11.95%	4.78%	-2.46%	334.61%	-26.05%	-26.6%	4.78%	-12.73%	-14.99%	9.48%	42.63%	-0.49%	-6.41%

Ownership

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Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.5678 Billion

About DHT Holdings, Inc.

DHT Holdings, Inc. engages in the operation of a fleet of crude oil tankers. The firm's fleet trades internationally and consists of crude oil tankers in the Very Large Crude Carriers (VLCC) segment. Its primary business is operating a fleet of crude oil tankers, with a secondary activity of providing technical management services. The firm operates its vessels through its subsidiary management companies in Monaco, Norway, Singapore, and India. Its principal activity is the ownership and operation of a fleet of crude oil carriers. The company has approximately 28 vessels in operation. The fleet operates globally on international routes. The firm's fleets are comprised of DHT Addax, DHT Antelope, DHT Gazelle, DHT Impala, DHT Appaloosa, DHT Mustang, DHT Bronco, DHT Colt, DHT Stallion, DHT Tiger, DHT Harrier, DHT Puma, DHT Panther, DHT Osprey, DHT Lion, DHT Leopard, DHT Jaguar, DHT Taiga, DHT Sundarbans, and DHT Scandinavia, among others.

Industry: Deep Sea Foreign Transportation of Freight Peers: Ardmore Shipping Corp GOLAR LNG LTD NORDIC AMERICAN TANKERS Ltd SFL Corp Ltd. TEEKAY CORP LTD