Financial Snapshot

Revenue
$231.2M
TTM
Gross Margin
57.46%
TTM
Net Earnings
$6.622M
TTM
Current Assets
$207.6M
Q3 2024
Current Liabilities
Current Ratio
Total Assets
$1.161B
Q3 2024
Total Liabilities
$665.8M
Q3 2024
Book Value
$495.4M
Q3 2024
Cash
$186.8M
Q3 2024
P/E
36.11
Nov 29, 2024 EST
Free Cash Flow

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Revenue $262.1M $290.0M $214.2M $169.7M $220.7M $226.2M $161.9M $114.3M $157.7M $175.6M $164.5M $223.2M $256.8M $275.4M $239.3M $337.4M $190.5M $116.1M $103.1M $63.80M $25.30M $11.90M $11.40M
YoY Change -9.61% 35.37% 26.22% -23.11% -2.43% 39.72% 41.64% -27.52% -10.19% 6.75% -26.3% -13.08% -6.75% 15.09% -29.08% 77.11% 64.08% 12.61% 61.6% 152.17% 112.61% 4.39%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Revenue $262.1M $290.0M $214.2M $169.7M $220.7M $226.2M $161.9M $114.3M $157.7M $175.6M $164.5M $223.2M $256.8M $275.4M $239.3M $337.4M $190.5M $116.1M $103.1M $63.80M $25.30M $11.90M $11.40M
Cost Of Revenue $99.11M $78.98M $80.33M $99.40M $104.1M $102.9M $99.00M $99.80M $103.8M $97.60M $85.30M $74.60M $66.00M $65.00M $53.30M $54.90M $38.00M $28.50M $21.40M $13.80M $7.800M $4.800M $4.900M
Gross Profit $163.0M $211.0M $133.9M $70.40M $116.6M $123.3M $62.90M $14.50M $53.90M $78.00M $79.10M $148.7M $190.8M $210.5M $186.0M $282.5M $152.5M $87.60M $81.70M $50.00M $17.50M $7.200M $6.400M
Gross Profit Margin 62.19% 72.76% 62.5% 41.48% 52.83% 54.51% 38.85% 12.69% 34.18% 44.42% 48.09% 66.62% 74.3% 76.43% 77.73% 83.73% 80.05% 75.45% 79.24% 78.37% 69.17% 60.5% 56.14%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Selling, General & Admin $34.28M $29.88M $30.62M $34.80M $30.80M $31.90M $28.20M $27.00M $25.70M $26.20M $23.70M $24.90M $25.10M $25.30M $17.50M $13.80M $11.70M $7.000M $5.100M $2.800M $2.300M $2.100M $1.900M
YoY Change 14.74% -2.44% -12.0% 12.99% -3.45% 13.12% 4.44% 5.06% -1.91% 10.55% -4.82% -0.8% -0.79% 44.57% 26.81% 17.95% 67.14% 37.25% 82.14% 21.74% 9.52% 10.53%
% of Gross Profit 21.03% 14.16% 22.87% 49.43% 26.42% 25.87% 44.83% 186.21% 47.68% 33.59% 29.96% 16.75% 13.16% 12.02% 9.41% 4.88% 7.67% 7.99% 6.24% 5.6% 13.14% 29.17% 29.69%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $49.79M $43.33M $40.49M $43.00M $48.90M $52.20M $87.00M $81.60M $76.30M $70.50M $64.70M $62.00M $55.30M $53.10M $44.70M $43.30M $24.40M $16.70M $9.900M $5.100M $4.000M $3.000M $2.300M
YoY Change 14.91% 7.0% -5.83% -12.07% -6.32% -40.0% 6.62% 6.95% 8.23% 8.96% 4.35% 12.12% 4.14% 18.79% 3.23% 77.46% 46.11% 68.69% 94.12% 27.5% 33.33% 30.43%
% of Gross Profit 30.54% 20.53% 30.25% 61.08% 41.94% 42.34% 138.31% 562.76% 141.56% 90.38% 81.8% 41.69% 28.98% 25.23% 24.03% 15.33% 16.0% 19.06% 12.12% 10.2% 22.86% 41.67% 35.94%
Operating Expenses $84.07M $73.20M $71.12M $77.70M $79.70M $84.10M $115.2M $108.6M $102.1M $96.70M $88.50M $86.90M $80.40M $78.40M $62.20M $57.00M $36.10M $23.80M $15.00M $7.900M $6.300M $5.100M $4.300M
YoY Change 14.84% 2.94% -8.47% -2.51% -5.23% -27.0% 6.08% 6.37% 5.58% 9.27% 1.84% 8.08% 2.55% 26.05% 9.12% 57.89% 51.68% 58.67% 89.87% 25.4% 23.53% 18.6%
Operating Profit $78.93M $137.8M $62.76M -$7.300M $36.90M $39.20M -$52.30M -$94.10M -$48.20M -$18.70M -$9.400M $61.80M $110.4M $132.1M $123.8M $225.5M $116.4M $63.80M $66.70M $42.10M $11.20M $2.100M $2.100M
YoY Change -42.72% 119.55% -959.74% -119.78% -5.87% -174.95% -44.42% 95.23% 157.75% 98.94% -115.21% -44.02% -16.43% 6.7% -45.1% 93.73% 82.45% -4.35% 58.43% 275.89% 433.33% 0.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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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 2002 2001
Interest Expense -$34.50M -$22.93M -$20.69M -$21.40M -$26.90M -$20.90M -$27.80M -$74.70M -$16.30M $8.500M -$11.80M -$6.900M -$2.800M -$3.900M -$2.100M -$4.300M -$2.800M -$2.800M -$1.700M -$2.000M -$1.700M -$1.900M -$2.300M
YoY Change 50.43% 10.84% -3.31% -20.45% 28.71% -24.82% -62.78% 358.28% -291.76% -172.03% 71.01% 146.43% -28.21% 85.71% -51.16% 53.57% 0.0% 64.71% -15.0% 17.65% -10.53% -17.39%
% of Operating Profit -43.71% -16.64% -32.97% -72.9% -53.32% -11.17% -2.54% -2.95% -1.7% -1.91% -2.41% -4.39% -2.55% -4.75% -15.18% -90.48% -109.52%
Other Income/Expense, Net -$308.0K -$415.0K -$307.0K -$300.0K -$300.0K -$300.0K -$200.0K -$900.0K -$300.0K -$100.0K -$100.0K -$200.0K -$200.0K -$300.0K -$300.0K -$400.0K -$800.0K $0.00 -$100.0K -$300.0K
YoY Change -25.78% 35.18% 2.33% 0.0% 0.0% 50.0% -77.78% 200.0% 200.0% 0.0% -50.0% 0.0% -33.33% 0.0% -25.0% -50.0% -100.0% -66.67%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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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 2002 2001
Pretax Income $49.84M $119.1M $57.39M -$134.2M -$10.50M $16.60M -$511.7M -$164.2M -$64.70M -$10.30M -$21.20M $54.60M $107.5M $127.9M $121.5M $221.7M $134.2M $61.10M $65.00M $60.10M $9.500M $100.0K -$400.0K
YoY Change -58.14% 107.45% -142.77% 1178.1% -163.25% -103.24% 211.63% 153.79% 528.16% -51.42% -138.83% -49.21% -15.95% 5.27% -45.2% 65.2% 119.64% -6.0% 8.15% 532.63% 9400.0% -125.0%
Income Tax $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
% Of Pretax Income 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Net Earnings $44.08M $113.3M $57.39M -$134.2M -$10.50M $16.60M -$511.7M -$164.2M -$64.70M -$10.30M -$21.20M $54.60M $107.5M $128.8M $121.5M $221.7M $134.2M $61.10M $65.00M $60.10M $9.500M $100.0K -$400.0K
YoY Change -61.1% 97.4% -142.77% 1178.1% -163.25% -103.24% 211.63% 153.79% 528.16% -51.42% -138.83% -49.21% -16.54% 6.01% -45.2% 65.2% 119.64% -6.0% 8.15% 532.63% 9400.0% -125.0%
Net Earnings / Revenue 16.82% 39.07% 26.79% -79.08% -4.76% 7.34% -316.06% -143.66% -41.03% -5.87% -12.89% 24.46% 41.86% 46.77% 50.77% 65.71% 70.45% 52.63% 63.05% 94.2% 37.55% 0.84% -3.51%
Basic Earnings Per Share $0.44 $1.42 $0.64 -$1.62
Diluted Earnings Per Share $0.41 $1.36 $676.4K -$1.559M -$110.3K $158.5K -$5.347M -$2.042M -$813.8K -$126.7K -$260.8K $673.2K $1.326M $1.594M $1.550M $2.972M $2.107M $1.234M $1.720M $2.178M $375.5K $3.802K -$15.21K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Cash & Short-Term Investments $161.6M $143.9M $110.3M $62.90M $107.3M $126.8M $40.20M $98.10M $171.7M $218.9M $240.6M $446.6M $416.7M $345.4M $290.1M $62.00M $16.70M $14.50M $21.20M $1.800M $7.400M $1.900M
YoY Change 12.27% 30.5% 75.34% -41.38% -15.38% 215.42% -59.02% -42.87% -21.56% -9.02% -46.13% 7.18% 20.64% 19.06% 367.9% 271.26% 15.17% -31.6% 1077.78% -75.68% 289.47%
Cash & Equivalents $161.6M $143.9M $110.3M $62.90M $107.3M $126.8M $40.20M $98.10M $171.7M $218.9M $240.6M $446.6M $416.7M $345.4M $282.4M $62.00M $16.70M $14.50M $21.20M $1.800M $7.400M $1.900M
Short-Term Investments $20.73M $7.700M $0.00
Other Short-Term Assets $19.90M $17.64M $5.484M $30.60M $16.30M $6.400M $5.200M $5.300M $5.900M $5.600M $4.500M $7.900M $5.400M $4.700M $4.000M $1.700M $900.0K $2.300M $3.500M $1.200M $1.100M $1.300M
YoY Change 12.84% 221.59% -82.08% 87.73% 154.69% 23.08% -1.89% -10.17% 5.36% 24.44% -43.04% 46.3% 14.89% 17.5% 135.29% 88.89% -60.87% -34.29% 191.67% 9.09% -15.38%
Inventory $5.056M $4.545M $6.089M $4.700M $5.500M $5.800M $5.800M $5.900M $6.300M $7.300M $6.000M $5.300M $4.800M $4.100M $2.800M $3.100M $2.100M $1.300M $900.0K $500.0K $400.0K $100.0K
Prepaid Expenses
Receivables $6.019M $6.342M $3.784M $6.400M $7.900M $2.900M $87.60M $6.000M $9.600M $6.400M $800.0K $7.200M $5.800M $500.0K $200.0K $1.600M $1.800M $1.000M $1.000M $100.0K $200.0K $100.0K
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 $0.00 $0.00
Total Short-Term Assets $181.5M $161.6M $125.6M $104.7M $137.0M $142.0M $138.8M $115.3M $193.5M $238.2M $251.9M $467.0M $432.7M $354.6M $297.2M $68.60M $21.50M $19.10M $26.60M $3.500M $9.100M $3.300M
YoY Change 12.33% 28.59% 20.0% -23.58% -3.52% 2.31% 20.38% -40.41% -18.77% -5.44% -46.06% 7.93% 22.02% 19.31% 333.24% 219.07% 12.57% -28.2% 660.0% -61.54% 175.76%
Property, Plant & Equipment $924.5M $996.7M $666.3M $737.9M $904.4M $1.014B $1.076B $1.474B $1.509B $1.427B $1.382B $1.245B $1.132B $1.218B $1.009B $987.8M $921.7M $489.7M $311.5M $152.1M $125.3M $76.60M
YoY Change -7.25% 49.59% -9.7% -18.41% -10.79% -5.8% -26.98% -2.31% 5.77% 3.21% 10.98% 10.04% -7.08% 20.69% 2.17% 7.17% 88.22% 57.21% 104.8% 21.39% 63.58%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $44.82M $8.250M $7.644M $0.00 $1.700M $3.300M $3.200M $6.000M $62.50M $67.50M $15.60M $24.70M $29.80M $0.00
YoY Change 443.22% 7.93% -100.0% -48.48% 3.13% -46.67% -90.4% -7.41% 332.69% -36.84% -17.11%
Other Assets $15.63M $16.40M $42.37M $29.90M $28.20M $28.70M $28.50M $28.00M $28.40M $4.000M $2.200M $5.700M $10.10M $12.80M $14.10M $900.0K $1.100M $1.900M $3.800M $0.00 $100.0K $300.0K
YoY Change -4.72% -61.29% 41.7% 6.03% -1.74% 0.7% 1.79% -1.41% 610.0% 81.82% -61.4% -43.56% -21.09% -9.22% 1466.67% -18.18% -42.11% -50.0% -100.0% -66.67%
Total Long-Term Assets $984.9M $1.021B $716.3M $767.7M $934.3M $1.046B $1.108B $1.553B $1.644B $1.549B $1.450B $1.276B $1.172B $1.231B $1.023B $988.6M $922.8M $491.6M $315.3M $152.1M $125.4M $77.00M
YoY Change -3.57% 42.59% -6.69% -17.83% -10.66% -5.61% -28.68% -5.48% 6.11% 6.81% 13.66% 8.88% -4.79% 20.29% 3.5% 7.13% 87.71% 55.92% 107.3% 21.29% 62.86%
Total Assets $1.166B $1.183B $842.0M $872.4M $1.071B $1.188B $1.247B $1.669B $1.837B $1.787B $1.702B $1.743B $1.605B $1.585B $1.320B $1.057B $944.3M $510.7M $341.9M $155.6M $134.5M $80.30M
YoY Change
Accounts Payable $9.663M $11.24M $9.777M $8.600M $11.40M $11.10M $8.000M $6.600M $9.000M $9.700M $7.400M $7.000M $7.100M $5.800M $4.500M $4.200M $3.700M $2.900M $1.600M $700.0K $700.0K $200.0K
YoY Change -14.05% 14.98% 13.69% -24.56% 2.7% 38.75% 21.21% -26.67% -7.22% 31.08% 5.71% -1.41% 22.41% 28.89% 7.14% 13.51% 27.59% 81.25% 128.57% 0.0% 250.0%
Accrued Expenses $12.42M $12.13M $7.878M $10.50M $11.30M $13.40M $8.200M $5.700M $6.400M $6.000M $5.200M $6.300M $4.800M $5.300M $4.000M $3.600M $4.200M $2.200M $1.700M $900.0K $600.0K $200.0K
YoY Change 2.32% 54.02% -24.97% -7.08% -15.67% 63.41% 43.86% -10.94% 6.67% 15.38% -17.46% 31.25% -9.43% 32.5% 11.11% -14.29% 90.91% 29.41% 88.89% 50.0% 200.0%
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 $0.00 $0.00
YoY Change
Long-Term Debt Due $58.73M $100.3M $41.15M $39.20M $40.20M $96.40M $60.80M $65.10M $41.00M $78.70M $46.50M $45.00M $27.70M $7.300M $5.400M $0.00 $0.00 $7.100M $6.000M $3.900M
YoY Change -41.44% 143.75% 4.97% -2.49% -58.3% 58.55% -6.61% 58.78% -47.9% 69.25% 3.33% 62.45% 279.45% 35.19% -100.0% 18.33% 53.85%
Total Short-Term Liabilities $85.13M $131.6M $65.13M $61.60M $65.50M $125.2M $80.40M $78.20M $58.90M $98.10M $62.80M $61.50M $48.10M $32.50M $32.40M $20.00M $21.00M $7.600M $4.700M $11.30M $9.100M $5.900M
YoY Change -35.29% 102.0% 5.73% -5.95% -47.68% 55.72% 2.81% 32.77% -39.96% 56.21% 2.11% 27.86% 48.0% 0.31% 62.0% -4.76% 176.32% 61.7% -58.41% 24.18% 54.24%
Long-Term Debt $642.8M $663.4M $382.5M $381.1M $434.7M $434.1M $540.6M $533.1M $559.1M $405.5M $385.0M $414.1M $345.6M $376.3M $276.1M $238.1M $98.80M $138.2M $12.90M $85.20M $76.60M $50.30M
YoY Change -3.12% 73.44% 0.37% -12.33% 0.14% -19.7% 1.41% -4.65% 37.88% 5.32% -7.03% 19.82% -8.16% 36.29% 15.96% 140.99% -28.51% 971.32% -84.86% 11.23% 52.29%
Other Long-Term Liabilities $34.62M $32.15M $1.097M $1.200M $1.000M $800.0K $900.0K $700.0K $600.0K $1.300M $800.0K $800.0K $1.900M $6.600M $12.60M $23.60M $25.10M $1.700M $300.0K $100.0K $300.0K $700.0K
YoY Change 7.68% 2830.63% -8.58% 20.0% 25.0% -11.11% 28.57% 16.67% -53.85% 62.5% 0.0% -57.89% -71.21% -47.62% -46.61% -5.98% 1376.47% 466.67% 200.0% -66.67% -57.14%
Total Long-Term Liabilities $677.4M $695.6M $383.6M $382.3M $435.7M $434.9M $541.5M $533.8M $559.7M $406.8M $385.8M $414.9M $347.5M $382.9M $288.7M $261.7M $123.9M $139.9M $13.20M $85.30M $76.90M $51.00M
YoY Change -2.62% 81.32% 0.35% -12.26% 0.18% -19.69% 1.44% -4.63% 37.59% 5.44% -7.01% 19.4% -9.25% 32.63% 10.32% 111.22% -11.44% 959.85% -84.53% 10.92% 50.78%
Total Liabilities $677.4M $695.6M $448.8M $443.8M $501.2M $560.1M $622.0M $612.1M $618.6M $504.9M $448.6M $476.4M $395.6M $453.9M $321.1M $281.7M $144.9M $147.6M $17.80M $96.60M $86.10M $56.80M
YoY Change -2.62% 55.0% 1.12% -11.45% -10.52% -9.95% 1.62% -1.05% 22.52% 12.55% -5.84% 20.42% -12.84% 41.36% 13.99% 94.41% -1.83% 729.21% -81.57% 12.2% 51.58%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Basic Shares Outstanding 100.2M shares 80.06M shares 81.12M shares 86.14M shares
Diluted Shares Outstanding 101.9M shares 83.32M shares 84.86M shares 86.14M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $239.11 Million

About DIANA SHIPPING INC.

Diana Shipping, Inc. operates as a holding company, which engages in the provision of shipping transportation services through the ownership and operation of dry bulk vessels. The company is headquartered in Athina, Attiki and currently employs 1,018 full-time employees. The company went IPO on 2005-03-18. The firm specializes in the ownership and bareboat charter-in of dry bulk vessels. The firm's operating fleet consists of 40 dry bulk vessels, including 4 Newcastlemax, 11 Capesize, 5 Post-Panamax, 6 Kamsarmax, 8 Panamax, and 6 Ultramax. Its fleet combined carrying capacity is approximately 4.7 million deadweight tonnage (dwt) with a weighted average age of 10.16 years. The firm's fleet is managed by its wholly-owned subsidiary Diana Shipping Services S.A. and its established 50/50 joint venture with Wilhelmsen Ship Management named Diana Wilhelmsen Management Limited.

Industry: Deep Sea Foreign Transportation of Freight Peers: Capital Clean Energy Carriers Corp. Danaos Corp EuroDry Ltd. EUROSEAS LTD. GLOBUS MARITIME LTD Pyxis Tankers Inc. Seanergy Maritime Holdings Corp. Star Bulk Carriers Corp.