Himalaya Shipping Ltd.

HSHPNYSEIndustrials● Active

$14.34

$-0.29(-1.98%)

Market Cap$676059300

P/E Ratio—

52W High$16.69

52W Low$5.755

Avg Volume327K

Open$14.59

Beta0.95

Free Cash Flow Financials Revenue

Himalaya Shipping Ltd. (HSHP) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

HSHP · free cash flow · updated Jun 8, 2026

Core FCF metrics

HSHP · FCF · TTM · margin & CAGR

Free cash flow was $51.7M for FY2025 (fiscal year ending 2025-12-31), up 120.1% year-over-year The FCF margin was 39.2%.

FY2025 Free Cash Flow$51.7M▲ +120.1% YoY

Trailing 12M (TTM)$61.2Mtrailing 4 quarters sum

FCF Margin39.2%$51.7M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

HSHP · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$51.7M(0M)$51.7M▲ +120.1%39.2%

FY2024$55.8M(313M)−$257.2M▲ +36.7%-208.1%

FY2023$6.5M(413M)−$406.6M▼ 410.5%—

FY2022−$1.4M(78M)−$79.6M▼ 18.0%—

FY2021−$486,925(67M)−$67.5M——

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

HSHP · P/FCF · FCF yield · FCF per share

Himalaya Shipping Ltd. (HSHP) trades at a FCF yield of 9.13% and a price-to-free-cash-flow ratio of 10.9x. FCF per share stands at $1.31, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

9.13%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$1.31

TTM FCF ÷ Shares Outstanding

Price / FCF

x10.9

Share Price ÷ FCF per Share

EV / FCF (TTM)

x21.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

HSHP · cash flow statement · operating / investing / financing

For FY2025, Himalaya Shipping Ltd. generated $51.7M in operating cash flow and spent 0M in capital expenditures, yielding $51.7M in free cash flow.

Operating Activities

+$51.7M

Cash from core business operations

2025-12-31

Investing Activities

+$0.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$38.7M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($51.7M) − |CapEx| (0M) = FCF ($51.7M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

HSHP vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Himalaya Shipping Ltd.YOU

HSHP

$51.7M+120.1%39.2%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Himalaya Shipping Ltd. (HSHP) reported free cash flow of $51.7M for FY2025 (fiscal year ending 2025-12-31), up 120.1% year-over-year. The FCF margin was 39.2%.

Based on available data, Himalaya Shipping Ltd. has maintained positive free cash flow for at least 1 fiscal year(s). FCF peaked at $51.7M in FY2025.

Himalaya Shipping Ltd.'s FCF yield is 9.13% and price-to-FCF ratio is 10.9x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

HSHP free cash flow · 8 questions

Himalaya Shipping Ltd. free cash flow was $51.7M for FY2025, up 120.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $61.2M.

HSHP free cash flowHSHP FCFHSHP FCF 2025HSHP free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Himalaya Shipping Ltd. · Himalaya Shipping Ltd. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026