Diana Shipping Inc. (DSX) Income Statement Analysis

See more : Dualtap Co., Ltd. (3469.T) Income Statement Analysis – Financial Results

Complete financial analysis of Diana Shipping Inc. (DSX) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Diana Shipping Inc., a leading company in the Marine Shipping industry within the Industrials sector.

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Diana Shipping Inc. (DSX)

Industry: Marine Shipping

Sector: Industrials

Website: https://www.dianashippinginc.com

About Diana Shipping Inc.

Diana Shipping Inc. provides shipping transportation services. The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and other materials in shipping routes worldwide. As of April 13, 2022, it operated a fleet of 35 dry bulk vessels, including 4 Newcastlemax, 12 Capesize, 5 Post-Panamax, 6 Kamsarmax, and 8 Panamax. The company was formerly known as Diana Shipping Investments Corp. and changed its name to Diana Shipping Inc. in February 2005. Diana Shipping Inc. was incorporated in 1999 and is based in Athens, Greece.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Revenue	262.10M	289.97M	214.20M	169.73M	220.73M	226.19M	161.90M	114.26M	157.71M	175.58M	164.45M	223.23M	256.79M	275.45M	239.34M	337.39M	190.48M	116.10M	103.10M	63.84M	25.28M	11.94M	11.36M
Cost of Revenue	148.89M	122.30M	120.82M	142.36M	153.05M	155.12M	185.98M	181.36M	180.13M	168.09M	150.07M	136.58M	65.97M	64.98M	53.33M	54.90M	38.03M	28.55M	21.44M	16.32M	10.01M	0.00	0.00
Gross Profit	113.21M	167.67M	93.39M	27.37M	67.68M	71.07M	-24.08M	-67.10M	-22.42M	7.49M	14.38M	86.66M	190.81M	210.47M	186.01M	282.49M	152.45M	87.55M	81.67M	47.52M	15.26M	11.94M	11.36M
Gross Profit Ratio	43.19%	57.82%	43.60%	16.13%	30.66%	31.42%	-14.87%	-58.73%	-14.22%	4.26%	8.74%	38.82%	74.31%	76.41%	77.72%	83.73%	80.04%	75.41%	79.21%	74.44%	60.38%	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
General & Administrative	34.28M	29.37M	29.19M	34.80M	30.76M	31.91M	28.22M	26.97M	25.74M	26.22M	23.72M	24.91M	0.00	0.00	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
SG&A	34.28M	29.37M	29.19M	34.80M	30.76M	31.91M	28.22M	26.97M	25.74M	26.22M	23.72M	24.91M	25.12M	25.35M	17.46M	13.83M	11.72M	6.33M	2.87M	3.72M	3.05M	140.00K	70.00K
Other Expenses	-5.47M	246.00K	2.04M	-230.00K	-854.00K	-542.00K	296.00K	0.00	0.00	0.00	0.00	0.00	55.28M	53.08M	44.21M	42.82M	2.80M	17.31M	12.10M	6.62M	5.45M	3.00M	2.35M
Operating Expenses	34.28M	29.61M	31.23M	34.57M	29.90M	31.37M	28.51M	26.97M	25.74M	26.22M	23.72M	24.91M	80.40M	76.83M	61.67M	56.65M	14.51M	23.64M	14.97M	10.34M	8.50M	3.14M	2.42M
Cost & Expenses	176.39M	151.91M	152.05M	176.93M	182.95M	186.49M	214.49M	208.33M	205.87M	194.31M	173.80M	161.49M	146.37M	141.81M	115.01M	111.55M	52.54M	52.19M	36.41M	26.66M	18.51M	3.14M	2.42M
Interest Income	8.17M	2.74M	176.00K	728.00K	2.86M	8.82M	4.51M	2.41M	3.15M	3.63M	1.80M	1.43M	1.03M	920.00K	951.00K	768.00K	2.68M	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	49.33M	27.42M	20.24M	21.51M	29.43M	30.51M	26.63M	21.95M	15.56M	8.43M	8.14M	7.62M	4.92M	5.21M	3.28M	5.85M	6.39M	0.00	30.00K	0.00	0.00	0.00	0.00
Depreciation & Amortization	10.54M	43.33M	40.49M	42.99M	48.90M	52.21M	87.00M	81.58M	76.33M	70.50M	64.74M	62.01M	55.28M	53.08M	44.69M	43.26M	24.44M	16.71M	9.94M	5.09M	3.98M	3.00M	2.35M
EBITDA	96.25M	188.91M	120.89M	-68.00M	69.38M	99.28M	-392.48M	-4.33M	29.16M	55.99M	55.40M	123.75M	166.06M	185.59M	169.19M	269.10M	162.38M	80.63M	76.61M	47.22M	15.12M	11.80M	11.29M
EBITDA Ratio	36.72%	48.86%	29.10%	-3.81%	17.69%	21.46%	-33.16%	-129.57%	-31.79%	-1.39%	-8.29%	27.51%	64.62%	68.32%	70.83%	79.48%	85.25%	72.79%	74.31%	34.91%	49.23%	98.83%	99.38%
Operating Income	85.71M	98.36M	21.84M	-7.20M	-9.85M	-3.67M	-483.99M	-88.32M	-47.18M	-18.20M	-8.65M	63.12M	110.92M	133.64M	124.34M	225.84M	137.94M	63.92M	66.70M	42.13M	11.16M	2.06M	2.21M
Operating Income Ratio	32.70%	33.92%	10.20%	-4.24%	-4.46%	-1.62%	-298.95%	-77.30%	-29.91%	-10.37%	-5.26%	28.27%	43.19%	48.52%	51.95%	66.94%	72.42%	55.05%	64.69%	65.99%	44.16%	17.22%	19.49%
Total Other Income/Expenses	-35.87M	20.70M	35.55M	-21.52M	-28.16M	20.25M	-27.73M	-75.92M	-17.54M	7.94M	-12.55M	-8.48M	-3.42M	-5.77M	-2.84M	-4.14M	0.00	-3.89M	30.00K	19.98M	-4.38M	-2.06M	-2.21M
Income Before Tax	49.84M	119.06M	57.39M	-134.20M	-10.54M	16.58M	-511.71M	-164.24M	-64.71M	-10.27M	-21.21M	54.64M	111.89M	127.87M	123.49M	226.78M	0.00	60.03M	66.73M	37.18M	6.77M	0.00	0.00
Income Before Tax Ratio	19.02%	41.06%	26.79%	-79.06%	-4.77%	7.33%	-316.07%	-143.74%	-41.03%	-5.85%	-12.89%	24.48%	43.57%	46.42%	51.60%	67.22%	0.00%	51.70%	64.72%	58.24%	26.77%	0.00%	0.00%
Income Tax Expense	0.00	-5.69M	-20.25M	-21.48M	-21.06M	-50.76M	431.40M	-5.75M	-984.00K	-596.00K	-572.00K	-856.00K	-1.77M	-1.03M	739.00K	-2.66M	3.72M	6.74M	1.68M	-42.88M	-1.02M	8.72M	9.33M
Net Income	49.84M	119.06M	77.65M	-112.72M	10.52M	67.34M	-511.71M	-164.24M	-64.71M	-10.27M	-21.21M	54.64M	107.50M	128.78M	121.50M	221.70M	134.22M	61.06M	64.99M	60.08M	9.49M	76.00K	-392.00K
Net Income Ratio	19.02%	41.06%	36.25%	-66.41%	4.77%	29.77%	-316.07%	-143.74%	-41.03%	-5.85%	-12.89%	24.48%	41.86%	46.75%	50.76%	65.71%	70.46%	52.59%	63.03%	94.12%	37.54%	0.64%	-3.45%
EPS	0.44	1.42	0.96	-1.31	0.11	0.65	-5.35	-2.04	-0.81	-0.13	-0.26	0.67	1.33	1.60	1.55	2.98	2.11	1.23	1.72	2.17	0.37	0.02	-0.11
EPS Diluted	0.43	1.36	0.92	-1.31	0.11	0.64	-5.35	-2.04	-0.81	-0.13	-0.26	0.67	1.33	1.59	1.55	2.97	2.11	1.23	1.72	2.17	0.37	0.02	-0.11
Weighted Avg Shares Out	100.17M	80.06M	81.12M	86.14M	95.19M	103.74M	95.65M	80.44M	79.52M	81.29M	81.33M	81.08M	81.08M	80.68M	78.28M	74.38M	63.75M	49.53M	37.77M	27.63M	25.34M	4.30M	3.68M
Weighted Avg Shares Out (Dil)	101.88M	83.32M	84.86M	86.14M	95.19M	104.72M	95.73M	80.44M	79.52M	81.29M	81.33M	81.08M	81.12M	80.81M	78.39M	74.56M	63.75M	49.53M	37.77M	27.63M	25.34M	4.30M	3.68M

Diana Shipping (DSX) Lags Q2 Earnings and Revenue Estimates

July 31, 2024zacks.com

Diana Shipping (DSX) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.10 per share a year ago.

Diana Shipping Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2024; Declares Cash Dividend of $0.075 Per Common Share for the Second Quarter 2024

July 31, 2024globenewswire.com

ATHENS, Greece, July 31, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today reported a net loss of $2.8 million and a...

Diana Shipping Inc. Announces Signing and Drawdown of a US$167.3 Million Term Loan Facility With Nordea Bank to Refinance Two Existing Term Loan Facilities With Nordea

July 26, 2024globenewswire.com

ATHENS, Greece, July 26, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced the successful signing of a US$167.3 million six-year...

Diana Shipping Inc. Announces Time Charter Contract For m/v DSI Polaris With Stone Shipping

July 24, 2024globenewswire.com

ATHENS, Greece, July 24, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has...

Should Value Investors Buy Diana Shipping (DSX) Stock?

July 12, 2024zacks.com

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...

Diana Shipping Inc. Announces Time Charter Contract for m/v Atalandi With Cargill

July 11, 2024globenewswire.com

ATHENS, Greece, July 11, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has...

Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Los Angeles with NYK Line

July 5, 2024globenewswire.com

ATHENS, Greece, July 05, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has...

Diana Shipping Inc. Announces the Date for the 2024 Second Quarter Financial Results, Conference Call and Webcast

July 5, 2024globenewswire.com

Diana Shipping: The Cheapest Bulker With Downside Protection And A Great Technical Setup

July 2, 2024seekingalpha.com

Diana Shipping is currently the cheapest bulker stock with a 50% discount, likely to decrease as earnings improve and the dividend is maintained. Despite some management concerns, my fair value estimate is around $4 per share, about 40% potential upside....