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Financials · DHT

DHT Holdings Inc. (DHT) financials

For fiscal 2025 (ended Dec 31, 2025), DHT Holdings Inc. reported $498.40M of revenue and $211.09M of net income.

Revenue, FY2025
$498.40M
Revenue growth, YoY
-12.8%
Net income, FY2025
$211.09M
Net income growth, YoY
+16.4%
Net margin
42.4%
EPS, diluted, FY2025
$1.31
EPS growth, YoY
+17.0%
Cash
$79.03M
Total debt
$389.24M
P/E
15.68
P/S
6.64
Market cap
$3.31B
Annual revenue$498.40M
FY2016FY2025
Annual net income$211.09M
FY2016FY2025
Annual free cash flow$60.51M
FY2017FY2021

DHT revenue and earnings growth

DHT revenueFY2025$498.40M

FY YoY
-12.8%
5Y CAGR
-6.3%
10Y CAGR
+13.9%

DHT revenue was $498.40M for fiscal 2025 (ended Dec 31, 2025), down 12.8% from fiscal 2024. Compound annual growth was -6.3% over 5 years and +13.9% over 10 years. It rose in 7 of the last 10 fiscal years.

DHT net incomeFY2025$211.09M

FY YoY
+16.4%
5Y CAGR
-4.5%
10Y CAGR
+7.2%

DHT net income was $211.09M for fiscal 2025 (ended Dec 31, 2025), up 16.4% from fiscal 2024. Compound annual growth was -4.5% over 5 years and +7.2% over 10 years. It rose in each of the last 3 fiscal years.

DHT EPSFY2025$1.31

FY YoY
+17.0%
5Y CAGR
-4.0%

DHT diluted EPS was $1.31 for fiscal 2025 (ended Dec 31, 2025), up 17.0% from fiscal 2024. Compound annual growth was -4.0% over 5 years.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$498.40M$571.77M$560.56M$454.15M$295.85M$691.04M$535.07M$375.94M$355.05M$40.51M
Selling, general and admin$19.89M$18.94M$17.45M$16.89M$16.57M$17.89M$14.79M$15.05M$17.18M$19.39M
Operating income$224.97M$210.64M$193.11M$74.20M$202.0K$313.59M$138.87M$16.30M$43.30M-
Interest expense$14.17M$30.40M$33.06M$26.20M$25.73M$38.41M$55.33M$54.21M$40.11M$35.07M
Pre-tax income$211.38M$182.07M$162.05M$62.57M-$11.15M$267.18M$73.81M-$46.84M$6.73M$9.35M
Income tax$413.0K$608.0K$649.0K$587.0K$360.0K$900.0K$131.0K$83.0K$131.0K-
Net income$211.09M$181.38M$161.35M$61.52M-$11.52M$266.27M$73.68M-$46.93M$6.60M$9.26M
EPS, basic$1.31$1.12$0.99$0.37-$0.07$1.71$0.51-$0.33$0.05$0.10
EPS, diluted$1.31$1.12$0.99$0.37-$0.07$1.61$0.51-$0.33$0.05$0.10
Diluted shares160.8M161.4M162.4M164.9M169.1M170.1M168.2M143.4M124.5M93.39B

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$79.03M$78.14M$74.74M$125.95M$60.66M$68.64M$67.36M$94.94M$77.29M$109.30M
Inventory$24.68M$37.69M$33.81M-------
Current assets$208.91M$201.89M$200.50M$235.59M$131.97M$118.28M$218.29M$193.32M$167.14M$178.50M
Goodwill$1.36M$1.36M$1.36M$1.36M$0-----
Total assets$1.60B$1.49B$1.49B$1.51B$1.61B$1.62B$1.83B$1.86B$1.73B$1.40B
Current liabilities$74.72M$109.61M$56.60M$64.37M$41.94M$47.93M$130.24M$123.70M$83.03M$74.31M
Long-term debt$389.24M$330.77M$398.43M$367.07M$512.51M$446.56M$750.59M$873.46M$721.15M$643.97M
Total debt$389.24M$330.77M$398.43M$367.07M$512.51M$446.56M$750.59M$873.46M$721.15M$643.97M
Total liabilities$469.69M$443.89M$460.56M$434.99M$562.00M$513.05M$894.77M$1.00B$804.61M$718.73M
Shareholders' equity$1.13B$1.04B$1.03B$1.07B$1.05B$1.11B$932.45M$861.67M$925.89M$685.01M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow$276.65M$298.65M$251.41M$127.91M$60.56M$529.87M$155.96M$53.98M$101.82M-
Capital expenditures----$48.0K$435.0K$79.0K$88.0K$193.0K-$144.0K
Free cash flow----$60.51M$529.43M$155.88M$53.90M$101.62M-
Investing cash flow-$166.42M-$97.03M-$124.98M$110.52M-$86.51M-$26.72M-$53.37M-$188.16M-$186.54M-$213.03M
Financing cash flow-$109.50M-$197.91M-$177.76M-$173.34M$17.97M-$501.87M-$130.18M$151.83M$52.73M-$38.45M
Dividends paid$118.91M$161.40M$186.67M$19.68M$22.08M$214.67M$28.68M$11.49M$23.33M$66.36M
Depreciation and amortization$106.37M$111.88M$108.90M$123.25M$128.64M$124.25M$115.58M$103.48M$96.76M-

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY-12.8%2.0%23.4%53.5%-57.2%29.1%42.3%5.9%776.4%-70.1%
Net income growth, YoY16.4%12.4%162.3%--261.4%---28.7%-91.2%
EPS growth, YoY17.0%13.1%167.6%--215.7%----90.4%
Operating margin45.1%36.8%34.4%16.3%0.1%45.4%26.0%4.3%12.2%-
Net margin42.4%31.7%28.8%13.5%-3.9%38.5%13.8%-12.5%1.9%22.9%
Free cash flow margin----20.5%76.6%29.1%14.3%28.6%-
Return on equity18.6%17.5%15.6%5.7%-1.1%24.0%7.9%-5.4%0.7%1.4%
Return on assets13.2%12.2%10.8%4.1%-0.7%16.4%4.0%-2.5%0.4%0.7%
Current ratio2.801.843.543.663.152.471.681.562.012.40
Debt to equity0.340.320.390.340.490.400.801.010.780.94

Source: XBRL data DHT Holdings Inc. files with the SEC, latest filing dated Mar 19, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

DHT peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
DHT$498.40M-12.8%$211.09M42.4%$3.31B
GD$56.52B+9.7%$4.66B8.2%$97.84B
RCL$19.13B+9.7%$4.55B23.8%$90.13B
CCL$27.59B+5.2%$3.14B11.4%$41.43B
VIK$6.50B+21.9%$1.15B17.7%$38.86B
BIP$23.10B+9.8%$2.53B11.0%$18.16B
HII$13.53B+12.6%$733.00M5.4%$11.99B
FRO$1.97B-8.8%$379.08M19.2%$9.86B
NCLH$10.16B+4.9%$832.94M8.2%$8.46B

DHT FAQ

7 questions
  • What is DHT revenue?
    DHT Holdings Inc. (DHT) reported $498.40M of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 12.8% from the year before.
  • Is DHT profitable?
    Yes. DHT Holdings Inc. earned $211.09M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 42.4%.
  • How much cash and debt does DHT have?
    DHT Holdings Inc. reported $79.03M in cash and cash equivalents and $389.24M of debt on its most recent balance sheet in SEC filings.
  • How fast is DHT revenue growing?
    DHT Holdings Inc.'s revenue changed -12.8% in fiscal 2025, to $498.40M. Its compound annual growth rate was -6.3% over 5 years and +13.9% over 10 years.
  • What is DHT earnings per share?
    Diluted earnings per share were $1.31 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did DHT last report financial results?
    The latest statements here come from DHT Holdings Inc.'s 20-F filed on Mar 19, 2026, covering the period ended Dec 31, 2025.
  • Where does this DHT financial data come from?
    Quantisnow builds these statements from the structured XBRL data DHT Holdings Inc. files with the SEC. It is provided for information only and is not investment advice.