DHT Holdings, Inc. income statement DHT
In fiscal 2025, which ended Dec 31, 2025, DHT Holdings, Inc. reported revenue of $498.4 million, down 12.8% from the year before. Net income was $211.0 million, a profit margin of 42.3%. Operating income came to $225.0 million, an operating margin of 45.1%. Diluted earnings per share were $1.31. Across the 7 fiscal years shown, revenue shrank from $535.1 million in fiscal 2019 to $498.4 million in fiscal 2025, about 1.2% a year.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
FY 2017
Dec 31, 2017
|
|---|---|---|---|---|---|---|---|---|---|
| Revenue |
498
-12.8%
|
572
+2.0%
|
561
+23.4%
|
454
+53.5%
|
296
-57.2%
|
691
+29.1%
|
535
|
—
|
—
|
| Selling, general and administrative |
20
+5.0%
|
19
+8.6%
|
17
+3.3%
|
17
+2.0%
|
17
-7.4%
|
18
+21.0%
|
15
-1.7%
|
15
|
—
|
| Operating income |
225
+6.8%
|
211
+9.1%
|
193
+160.2%
|
74
+36634.7%
|
0
-99.9%
|
314
+125.8%
|
139
|
—
|
—
|
| Pretax income |
211
+16.1%
|
182
+12.4%
|
162
+159.0%
|
63
+661.3%
|
-11
-104.2%
|
267
+262.0%
|
74
+257.6%
|
-47
-795.8%
|
7
|
| Income tax |
0
-32.1%
|
1
-6.3%
|
1
+10.6%
|
1
+63.1%
|
0
-60.0%
|
1
+587.0%
|
0
|
—
|
—
|
| Net income |
211
+16.3%
|
181
+12.4%
|
161
+160.4%
|
62
+638.6%
|
-12
-104.3%
|
266
+261.4%
|
74
+257.0%
|
-47
-810.8%
|
7
|
| Basic EPS |
1.31
+17.0%
|
1.12
+13.1%
|
0.99
+167.6%
|
0.37
+628.6%
|
-0.07
-104.1%
|
1.71
+235.3%
|
0.51
+254.5%
|
-0.33
-760.0%
|
0.05
|
| Diluted EPS |
1.31
+17.0%
|
1.12
+13.1%
|
0.99
+167.6%
|
0.37
+628.6%
|
-0.07
-104.3%
|
1.61
+215.7%
|
0.51
+254.5%
|
-0.33
-760.0%
|
0.05
|
| Weighted average shares, basic |
161
-0.4%
|
161
-0.5%
|
162
-1.5%
|
165
-2.6%
|
169
+8.6%
|
156
+8.6%
|
143
+0.0%
|
143
+15.2%
|
125
|
| Weighted average shares, diluted |
161
-0.4%
|
161
-0.6%
|
162
-1.5%
|
165
-2.5%
|
169
-0.6%
|
170
+1.1%
|
168
+17.2%
|
143
+15.2%
|
125
|
| Other measures | |||||||||
| Depreciation and amortization |
106
-4.9%
|
112
+2.7%
|
109
-11.6%
|
123
-4.2%
|
129
+3.5%
|
124
+7.5%
|
116
+11.7%
|
103
+6.9%
|
97
|
| EBITDA |
331
+2.7%
|
323
+6.8%
|
302
+52.9%
|
197
+53.3%
|
129
-70.6%
|
438
+72.1%
|
254
|
—
|
—
|
| Interest coverage |
15.88x
|
6.93x
|
5.84x
|
2.83x
|
0.01x
|
8.16x
|
2.51x
|
—
|
—
|
| Margins | |||||||||
| Operating margin |
45.14%
|
36.84%
|
34.45%
|
16.34%
|
0.07%
|
45.38%
|
25.95%
|
—
|
—
|
| Pretax margin |
42.41%
|
31.84%
|
28.91%
|
13.78%
|
-3.77%
|
38.66%
|
13.79%
|
—
|
—
|
| Profit margin |
42.33%
|
31.74%
|
28.79%
|
13.65%
|
-3.89%
|
38.53%
|
13.77%
|
—
|
—
|
| EBITDA margin |
66.48%
|
56.41%
|
53.88%
|
43.48%
|
43.55%
|
63.36%
|
47.55%
|
—
|
—
|
| Effective tax rate |
0.20%
|
0.33%
|
0.40%
|
0.94%
|
—
|
0.34%
|
0.18%
|
—
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Deep Sea Foreign Transportation of Freight (SIC 4412)
- Listed as
- DHT (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- Marshall Islands
- Headquarters
- Hamilton
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1331284
- Former names
- DHT Maritime, Inc. (until Mar 1, 2010); Double Hull Tankers, Inc. (until May 14, 2008)
Other Deep Sea Foreign Transportation of Freight companies
- Frontline plc FRO
- Cmb.tech NV CMBT
- Scorpio Tankers Inc. STNG
- TORM plc TRMD
- Okeanis Eco Tankers Corp. ECO
- ZIM Integrated Shipping Services Ltd. ZIM
- Star Bulk Carriers Corp. SBLK
- Navios Maritime Partners L.P. NMM
Source: SEC EDGAR filings. This is company-reported data, not investment advice.