DHT Holdings, Inc. (DHT) Income Statement Analysis

See more : Vector HOLDINGS Inc. (2656.T) Income Statement Analysis – Financial Results

Complete financial analysis of DHT Holdings, Inc. (DHT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of DHT Holdings, Inc., a leading company in the Oil & Gas Midstream industry within the Energy sector.

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DHT Holdings, Inc. (DHT)

Industry: Oil & Gas Midstream

Sector: Energy

Website: https://www.dhtankers.com

About DHT Holdings, Inc.

DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, and Norway. As of March 17, 2022, it had a fleet of 26 very large crude carriers with a capacity of 8,043,657 deadweight tons. The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000
Revenue	560.56M	454.15M	295.85M	691.04M	535.07M	375.94M	355.05M	356.01M	365.11M	150.79M	87.01M	97.19M	100.12M	89.68M	102.58M	114.60M	81.43M	86.79M	103.54M	135.97M	66.19M	31.73M	38.84M	36.60M
Cost of Revenue	350.00M	382.57M	298.85M	347.00M	381.41M	341.17M	282.49M	211.54M	207.36M	137.22M	76.51M	74.18M	38.25M	30.22M	30.03M	21.41M	19.42M	18.69M	18.11M	15.60M	0.00	0.00	0.00	0.00
Gross Profit	210.56M	71.58M	-3.00M	344.04M	153.66M	34.77M	72.56M	144.47M	157.76M	13.57M	10.50M	23.02M	61.88M	59.46M	72.54M	93.19M	62.00M	68.10M	85.43M	120.37M	66.19M	31.73M	38.84M	36.60M
Gross Profit Ratio	37.56%	15.76%	-1.01%	49.79%	28.72%	9.25%	20.44%	40.58%	43.21%	9.00%	12.07%	23.68%	61.80%	66.30%	70.72%	81.32%	76.15%	78.47%	82.51%	88.53%	100.00%	100.00%	100.00%	100.00%
Research & Development	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	0.00	0.00
General & Administrative	17.45M	16.89M	16.57M	17.89M	14.79M	15.05M	17.18M	19.39M	21.61M	18.06M	8.83M	9.79M	9.15M	7.87M	4.59M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	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	0.00	0.00
SG&A	17.45M	16.89M	16.57M	17.89M	14.79M	15.05M	17.18M	19.39M	21.61M	18.06M	8.83M	9.79M	9.15M	7.87M	4.59M	4.77M	3.78M	2.39M	6.51M	0.00	0.00	0.00	0.00	0.00
Other Expenses	0.00	0.00	-4.61M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	30.28M	28.39M	26.76M	25.95M	17.27M	16.92M	17.94M	25.03M	-30.83M	-28.72M	-21.55M	-18.94M
Operating Expenses	17.45M	16.89M	11.95M	17.89M	14.79M	15.05M	17.18M	19.39M	21.61M	18.06M	8.83M	9.79M	39.43M	36.26M	31.35M	30.71M	21.05M	19.30M	24.45M	25.03M	-30.83M	-28.72M	-21.55M	-18.94M
Cost & Expenses	367.45M	399.46M	310.80M	364.89M	396.20M	356.22M	299.67M	230.94M	228.96M	155.28M	85.34M	83.97M	77.68M	66.48M	61.38M	52.12M	40.47M	37.99M	42.55M	40.63M	-30.83M	-28.72M	-21.55M	-18.94M
Interest Income	4.49M	1.08M	6.00K	212.00K	1.08M	345.00K	140.00K	66.00K	141.00K	409.00K	182.00K	272.00K	91.00K	131.00K	298.00K	1.57M	962.00K	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	33.06M	26.20M	25.73M	38.41M	55.33M	54.21M	40.11M	35.07M	33.64M	14.29M	4.78M	7.33M	7.58M	13.48M	18.13M	21.90M	13.50M	13.05M	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	108.90M	123.26M	128.64M	124.25M	115.58M	103.48M	96.76M	84.34M	78.70M	47.00M	26.94M	32.40M	30.53M	28.39M	31.01M	25.95M	17.44M	17.07M	18.41M	17.81M	30.83M	28.72M	21.55M	18.94M
EBITDA	304.01M	210.69M	124.23M	450.40M	254.45M	109.98M	152.14M	209.42M	214.85M	40.63M	28.62M	-54.13M	-2.22M	48.28M	61.74M	88.43M	59.19M	65.71M	77.52M	136.21M	66.19M	31.73M	38.84M	36.60M
EBITDA Ratio	54.23%	39.09%	39.08%	65.19%	47.58%	31.78%	43.24%	59.01%	58.88%	27.75%	32.72%	47.20%	53.00%	57.67%	76.74%	77.16%	71.71%	75.90%	78.11%	83.21%	100.00%	100.00%	100.00%	100.00%
Operating Income	193.11M	54.27M	-13.02M	313.59M	138.87M	16.30M	43.30M	40.51M	135.34M	27.41M	1.01M	-89.50M	-33.55M	23.20M	41.19M	62.48M	40.96M	48.80M	60.98M	95.33M	35.36M	3.02M	17.29M	17.66M
Operating Income Ratio	34.45%	11.95%	-4.40%	45.38%	25.95%	4.33%	12.20%	11.38%	37.07%	18.18%	1.16%	-92.09%	-33.51%	25.87%	40.16%	54.52%	50.30%	56.22%	58.90%	70.12%	53.43%	9.51%	44.52%	48.26%
Total Other Income/Expenses	-31.06M	-11.64M	-11.35M	-46.41M	-65.06M	-63.14M	-36.57M	-31.16M	-29.91M	-14.44M	-4.93M	-4.39M	-6.54M	-16.79M	-24.35M	-20.33M	-13.50M	-13.05M	-7.87M	-8.64M	0.00	-3.02M	0.00	0.00
Income Before Tax	162.05M	62.57M	-11.15M	267.18M	73.81M	-46.85M	6.73M	9.35M	105.43M	12.97M	-3.92M	-93.89M	-40.09M	6.41M	34.68M	42.15M	27.46M	35.75M	53.11M	86.69M	0.00	0.00	0.00	0.00
Income Before Tax Ratio	28.91%	13.78%	-3.77%	38.66%	13.79%	-12.46%	1.90%	2.63%	28.88%	8.60%	-4.50%	-96.60%	-40.04%	7.15%	33.81%	36.78%	33.73%	41.19%	51.30%	63.76%	0.00%	0.00%	0.00%	0.00%
Income Tax Expense	649.00K	587.00K	360.00K	900.00K	131.00K	83.00K	131.00K	95.00K	128.00K	86.00K	207.00K	161.00K	181.00K	33.00K	12.73M	20.33M	13.50M	13.05M	9.34M	8.64M	5.93M	7.78M	8.85M	11.55M
Net Income	161.35M	61.52M	-11.51M	266.27M	73.68M	-46.93M	6.60M	9.26M	105.30M	12.89M	-4.13M	-94.05M	-40.27M	6.38M	16.85M	42.15M	27.46M	35.75M	53.11M	86.69M	29.43M	-4.76M	8.44M	6.12M
Net Income Ratio	28.78%	13.55%	-3.89%	38.53%	13.77%	-12.48%	1.86%	2.60%	28.84%	8.55%	-4.74%	-96.77%	-40.22%	7.11%	16.42%	36.78%	33.73%	41.19%	51.30%	63.76%	44.46%	-15.01%	21.74%	16.71%
EPS	0.99	0.37	-0.07	1.71	0.51	-0.33	0.05	0.10	1.13	0.18	-0.24	-7.83	-7.70	1.56	4.32	14.04	10.92	14.28	21.24	34.67	11.77	-1.90	3.38	2.45
EPS Diluted	0.99	0.37	-0.07	1.61	0.51	-0.33	0.05	0.10	1.04	0.18	-0.24	-7.83	-7.70	1.56	4.32	14.04	10.92	14.28	21.24	34.67	11.77	-1.90	3.38	2.45
Weighted Avg Shares Out	162.18M	164.69M	169.09M	155.71M	143.44M	143.43M	124.54M	93.38M	92.79M	73.15M	17.54M	12.01M	5.23M	4.06M	3.86M	3.00M	2.50M	2.50M	2.50M	2.50M	2.50M	2.50M	2.50M	2.50M
Weighted Avg Shares Out (Dil)	162.36M	164.85M	169.09M	170.05M	168.16M	143.43M	124.54M	93.38M	112.10M	73.21M	17.56M	12.01M	5.23M	4.06M	3.86M	3.00M	2.50M	2.50M	2.50M	2.50M	2.50M	2.50M	2.50M	2.50M

DHT Holdings: VLCC-Only Play At A Reasonable Discount

November 14, 2024seekingalpha.com

Third quarter results were not that bad. The company scored revenue and adjusted EBITDA growth YoY. The revenue growth rate offset the expense growth rate, leading to YoY growing EBITDA and EPS. In 2025, DHT must repay $80.9 million, while...

DHT Holdings, Inc. (DHT) Q3 2024 Earnings Call Transcript

November 13, 2024seekingalpha.com

DHT Holdings, Inc. (NYSE:DHT ) Q3 2024 Earnings Conference Call November 13, 2024 8:00 AM ET Company Participants Laila C. Halvorsen - CFO Svein Moxnes Harfjeld - President and CEO Conference Call Participants Frode Mørkedal - Clarkson Securities Jonathan Chappell...

DHT Holdings (DHT) Beats Q3 Earnings and Revenue Estimates

November 12, 2024zacks.com

DHT Holdings (DHT) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.19 per share a year ago.

DHT Holdings, Inc. Third Quarter 2024 Results

November 12, 2024globenewswire.com

HAMILTON, BERMUDA, November 12, 2024 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended September 30, 2024.

DHT Holdings Q3 Earnings Preview: Room For Disappointment

November 10, 2024seekingalpha.com

The company has a strong shareholder focus and low debt. Analysts' Q4 2024 and Q1 2025 estimates are overly optimistic due to current freight rates and futures, risking market disappointment. Potential geopolitical impacts, such as Trump's policies on Iran, could...