Financials · ZIM

ZIM Integrated Shipping Services Ltd. (ZIM) financials

For fiscal 2025 (ended Dec 31, 2025), ZIM Integrated Shipping Services Ltd. reported $6.90B of revenue and $479.20M of net income.

Revenue, FY2025
$6.90B
Revenue growth, YoY
-18.1%
Net income, FY2025
$479.20M
Net income growth, YoY
-77.7%
Net margin
6.9%
Free cash flow, FY2025
$2.08B
EPS, diluted, FY2025
$3.98
EPS growth, YoY
-77.7%
Cash
$1.05B
Total debt
$90.10M
P/E
7.17
P/S
0.50
Market cap
$3.43B
Annual revenue$6.90B
FY2018FY2025
Annual net income$479.20M
FY2018FY2025
Annual free cash flow$2.08B
FY2018FY2025

ZIM revenue and earnings growth

ZIM revenueFY2025$6.90B

FY YoY
-18.1%
5Y CAGR
+11.6%

ZIM revenue was $6.90B for fiscal 2025 (ended Dec 31, 2025), down 18.1% from fiscal 2024. Compound annual growth was +11.6% over 5 years. It rose in 5 of the last 7 fiscal years.

ZIM net incomeFY2025$479.20M

FY YoY
-77.7%
5Y CAGR
-1.5%

ZIM net income was $479.20M for fiscal 2025 (ended Dec 31, 2025), down 77.7% from fiscal 2024. Compound annual growth was -1.5% over 5 years.

ZIM EPSFY2025$3.98

FY YoY
-77.7%
5Y CAGR
-4.3%

ZIM diluted EPS was $3.98 for fiscal 2025 (ended Dec 31, 2025), down 77.7% from fiscal 2024. Compound annual growth was -4.3% over 5 years.

ZIM free cash flowFY2025$2.08B

FY YoY
-41.2%
5Y CAGR
+20.0%

ZIM free cash flow was $2.08B for fiscal 2025 (ended Dec 31, 2025), down 41.2% from fiscal 2024. Compound annual growth was +20.0% over 5 years. It rose in 5 of the last 7 fiscal years.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Revenue$6.90B$8.43B$5.16B$12.56B$10.73B$3.99B$3.30B$3.25B
Cost of revenue$4.46B$4.51B$3.89B$4.76B$3.91B$2.84B$2.81B$3.00B
Gross profit$1.32B$2.78B-$2.21B$6.43B$6.07B$865.00M$263.04M$148.10M
Selling, general and admin$336.30M$296.10M$280.70M$338.30M$267.70M$163.20M$151.60M$143.92M
Operating income$1.02B$2.53B-$2.51B$6.14B$5.82B$722.00M$153.02M-$23.22M
Interest expense$475.10M$467.70M$380.80M$224.80M$168.90M$150.40M$147.38M$100.58M
Pre-tax income$658.50M$2.21B-$2.82B$6.03B$5.66B$540.80M-$1.28M-$105.72M
Income tax$177.00M$51.20M-$127.60M$1.40B$1.01B$16.60M$11.77M$14.13M
Net income$479.20M$2.15B-$2.70B$4.62B$4.64B$518.00M-$18.15M-$125.65M
EPS, basic$3.98$17.84-$22.42$38.49$40.31$5.18-$0.18-$1.26
EPS, diluted$3.98$17.82-$22.42$38.35$39.02$4.96-$0.18-$1.26
Diluted shares120.5M120.5M120.2M120.4M118.9M104.5M100.0M100.0M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Cash and equivalents$1.05B$1.31B$921.50M$1.02B$1.54B$570.40M$182.80M$186.29M
Short-term investments$555.90M$648.50M$861.20M$700.0K$1.10M$842.0K$988.0K-
Receivables$676.00M$933.60M$596.50M$825.70M$1.28B$520.00M$317.06M-
Inventory$167.80M$212.20M$179.30M$190.70M$119.00M$52.24M$60.34M-
Current assets$2.63B$3.26B$2.57B$4.27B$5.08B$1.20B$630.82M-
Total assets$11.01B$11.39B$8.35B$11.63B$9.84B$2.82B$1.93B-
Current liabilities$2.13B$2.61B$2.52B$2.66B$2.76B$1.15B$926.34M-
Short-term debt$42.90M$47.80M$48.20M$96.10M$130.70M$138.57M$140.07M-
Long-term debt$47.20M$59.90M$73.60M$91.90M$120.80M$519.47M$541.93M-
Total debt$90.10M$107.70M$121.80M$188.00M$251.50M$658.04M$682.00M-
Total liabilities$6.98B$7.35B$5.89B$5.73B$5.24B$2.55B$2.18B-
Shareholders' equity$4.02B$4.04B$2.46B$5.90B$4.60B$274.50M-$252.20M-$224.01M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Operating cash flow$2.30B$3.75B$1.02B$6.11B$5.97B$880.80M$370.63M$225.01M
Capital expenditures$217.70M$214.10M$115.70M$345.50M$1.00B$42.70M$16.15M$22.58M
Free cash flow$2.08B$3.54B$904.30M$5.76B$4.97B$838.10M$354.48M$202.43M
Investing cash flow-$133.30M-$223.20M$1.78B-$1.65B-$3.34B-$35.20M$38.03M$51.11M
Financing cash flow-$2.43B-$3.13B-$2.89B-$4.98B-$1.65B-$460.40M-$411.40M-$242.68M
Stock-based compensation$200.0K$400.0K$1.00M$1.70M----
Depreciation and amortization$1.29B$1.14B$1.47B$1.40B$779.20M$314.10M$245.51M$111.57M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Revenue growth, YoY-18.1%63.3%-58.9%17.1%168.8%21.0%1.6%-
Net income growth, YoY-77.7%---0.5%795.8%---
EPS growth, YoY-77.7%---1.7%686.7%---
Gross margin19.1%33.0%-42.8%51.2%56.5%21.7%8.0%4.6%
Operating margin14.7%30.0%-48.6%48.8%54.2%18.1%4.6%-0.7%
Net margin6.9%25.5%-52.2%36.8%43.3%13.0%-0.6%-3.9%
Free cash flow margin30.2%42.0%17.5%45.9%46.3%21.0%10.7%6.2%
Return on equity11.9%53.2%-109.7%78.3%100.9%188.7%--
Return on assets4.4%18.9%-32.3%39.7%47.1%18.3%-0.9%-
Current ratio1.231.251.021.601.841.040.68-
Debt to equity0.020.030.050.030.052.40--

Source: XBRL data ZIM Integrated Shipping Services Ltd. files with the SEC, latest filing dated Mar 9, 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.

ZIM peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
ZIM$6.90B-18.1%$479.20M6.9%$3.43B
MATX$3.69B+9.2%$538.50M14.6%$6.16B
KEX$3.60B+8.5%$373.55M10.4%$6.57B
DAC$1.04B+2.8%$494.61M47.4%$2.68B
GSL$766.45M+7.8%$416.45M54.3%$1.48B

ZIM FAQ

9 questions
  • What is ZIM revenue?
    ZIM Integrated Shipping Services Ltd. (ZIM) reported $6.90B of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 18.1% from the year before.
  • Is ZIM profitable?
    Yes. ZIM Integrated Shipping Services Ltd. earned $479.20M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 6.9%.
  • How much cash and debt does ZIM have?
    ZIM Integrated Shipping Services Ltd. reported $1.05B in cash and cash equivalents and $90.10M of debt on its most recent balance sheet in SEC filings.
  • How fast is ZIM revenue growing?
    ZIM Integrated Shipping Services Ltd.'s revenue changed -18.1% in fiscal 2025, to $6.90B. Its compound annual growth rate was +11.6% over 5 years.
  • What is ZIM gross margin?
    ZIM Integrated Shipping Services Ltd.'s gross profit was $1.32B on $6.90B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 19.1%.
  • What is ZIM free cash flow?
    ZIM Integrated Shipping Services Ltd. generated $2.08B of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $2.30B less capital expenditures.
  • What is ZIM earnings per share?
    Diluted earnings per share were $3.98 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did ZIM last report financial results?
    The latest statements here come from ZIM Integrated Shipping Services Ltd.'s 20-F filed on Mar 9, 2026, covering the period ended Dec 31, 2025.
  • Where does this ZIM financial data come from?
    Quantisnow builds these statements from the structured XBRL data ZIM Integrated Shipping Services Ltd. files with the SEC. It is provided for information only and is not investment advice.