
Performance Shipping EBITDA | PSHG
Earnings before Interest, Taxes, Depreciation, and Amortization (EBITDA), is an often used measure of a company's profitability. Financial analysts use EBITDA for a number of purposes including calculating simple valuations of a firm, estimating cash flows, and assessing debt servicing capability. The uses for EBITDA in financial analysis are numerous, but in practice should be more restrained. While EBITDA has some useful applications, it should be used with caution, as the problems with EBITDA are abundant and can lead to a number of misguided conclusions.[1]
EBITDA is an important indicator for investors and analysts because it allows them to evaluate a company's operating profit without considering the impact of financial expenses, taxes, or non-cash depreciation and amortization. It provides better comparability between companies in different industries or with different tax conditions.
EBITDA is often used to assess a company's ability to generate cash flow and repay debts. It can also serve as a measure of a company's operational efficiency, as it shows how profitable the core business is, regardless of external factors such as interest or taxes.
However, it is important to note that EBITDA is not an official financial statement measure and can be defined and calculated differently by companies. Therefore, investors and analysts should exercise caution when using EBITDA as an evaluation tool and combine it with other financial metrics and information to get a more complete picture of a company's financial condition.
Annual EBITDA Performance Shipping
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 67 M | 55.2 M | 90.3 M | 49.3 M | -988 K | 10.2 M | -2.67 M | -36.5 M | -16.5 M | -20.1 M | 4.08 M | 20.9 M | 17.1 M | 21.2 M | 11 M | -100 K |
Annual performance
Select metrics to display
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 90.3 M | -36.5 M | 16.8 M |
Quarterly EBITDA Performance Shipping
| 2026-Q2 | 2025-Q4 | 2025-Q2 | 2024-Q4 | 2024-Q2 | 2023-Q4 | 2023-Q2 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | 2010-Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 44.5 M | 67 M | 43.3 M | 55.2 M | 27.7 M | 90.3 M | 44.7 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -100 K |
Quarterly performance
Select metrics to display
All numbers in USD currency
Indicator range from quarterly reporting
| Maximum | Minimum | Average |
|---|---|---|
| 90.3 M | -100 K | 46.6 M |
References
- Brockman, C. M., & Russell, J. W. (2012). EBITDA: use it... or lose it?. International Journal of Business, Accounting and Finance, 6(2), 84-93.
EBITDA of other stocks in the Marine shipping industry
| Issuer | EBITDA | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
|
Genco Shipping & Trading Limited
GNK
|
83.7 M | $ 26.15 | 0.75 % | $ 1.13 B | ||
|
International Seaways
INSW
|
509 M | $ 98.31 | 1.93 % | $ 4.85 B | ||
|
EuroDry Ltd.
EDRY
|
15.4 M | $ 38.62 | 0.43 % | $ 106 M | ||
|
Costamare
CMRE
|
586 M | $ 12.95 | 1.29 % | $ 1.56 B | ||
|
Globus Maritime Limited
GLBS
|
4.52 M | $ 2.75 | 5.77 % | $ 56.9 B | ||
|
Diana Shipping
DSX
|
88.7 M | $ 2.37 | 1.07 % | $ 262 M | ||
|
Pyxis Tankers
PXS
|
13.5 M | $ 5.58 | -1.59 % | $ 58.2 M | ||
|
Navios Maritime Partners L.P.
NMM
|
349 M | $ 87.05 | 2.65 % | $ 2.46 B | ||
|
Pangaea Logistics Solutions, Ltd.
PANL
|
83.4 M | $ 8.55 | 5.3 % | $ 546 M | ||
|
Safe Bulkers
SB
|
130 M | $ 7.58 | 4.99 % | $ 781 M | ||
|
Seanergy Maritime Holdings Corp.
SHIP
|
43.3 M | $ 14.68 | 2.44 % | $ 301 M | ||
|
Navios Maritime Containers L.P.
NMCI
|
55.8 M | - | - | $ 300 M | ||
|
Capital Product Partners L.P.
CPLP
|
301 M | - | 2.13 % | $ 355 B | ||
|
Top Ships
TOPS
|
26.3 M | - | -1.67 % | $ 22.3 M | ||
|
Kirby Corporation
KEX
|
760 M | $ 124.18 | -0.18 % | $ 6.92 B | ||
|
Matson
MATX
|
647 M | $ 206.96 | -0.39 % | $ 6.58 B | ||
|
Castor Maritime
CTRM
|
-3.66 M | $ 1.28 | -3.4 % | $ 12.4 M | ||
|
Star Bulk Carriers Corp.
SBLK
|
305 M | $ 27.37 | 1.09 % | $ 3.15 B | ||
|
SEACOR Marine Holdings
SMHI
|
60.8 M | $ 9.19 | 0.33 % | $ 241 M | ||
|
StealthGas
GASS
|
80.4 M | $ 7.91 | -0.57 % | $ 284 M | ||
|
Eneti
NETI
|
78.8 M | - | - | $ 431 M | ||
|
Grindrod Shipping Holdings Ltd.
GRIN
|
57.7 M | $ 30.83 | -1.51 % | $ 602 M | ||
|
Eagle Bulk Shipping
EGLE
|
98.2 M | - | -2.29 % | $ 678 M | ||
|
Navios Maritime Holdings
NM
|
31.7 M | - | 0.22 % | $ 51.7 M | ||
|
Ardmore Shipping Corporation
ASC
|
33.8 M | $ 17.77 | 2.84 % | $ 722 M | ||
|
Huntington Ingalls Industries
HII
|
986 M | $ 313.37 | 2.96 % | $ 12.3 B | ||
|
Flex LNG Ltd.
FLNG
|
252 M | $ 25.3 | -2.84 % | $ 1.37 B | ||
|
KNOT Offshore Partners LP
KNOP
|
204 M | $ 8.61 | -1.66 % | $ 290 M | ||
|
Nordic American Tankers Limited
NAT
|
104 M | $ 6.5 | -0.08 % | $ 1.38 B | ||
|
Danaos Corporation
DAC
|
662 M | $ 147.32 | 0.11 % | $ 2.72 B | ||
|
Euroseas Ltd.
ESEA
|
178 M | $ 64.64 | 0.03 % | $ 449 M |