Dht Holdings Inc Financials

DHT

Source SEC Filings (10-K/10-Q) Updated Mar 19, 2026 Currency USD FYE March

This page shows Dht Holdings Inc (DHT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 54/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Dht Holdings Inc's revenue declined 12.8% year-over-year, from $571.8M to $498.4M. This contraction results in a growth score of 12/100.

Leverage

100

Dht Holdings Inc carries a low D/E ratio of 0.03, meaning only $0.03 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Dht Holdings Inc's current ratio of 2.80 indicates adequate short-term liquidity, earning a score of 53/100. The company can meet its near-term obligations, though with limited headroom.

Returns

Dht Holdings Inc's ROE of 18.6% shows moderate profitability relative to equity, earning a score of 52/100. This is up from 17.4% the prior year.

Piotroski F-Score Neutral

6/9

Dht Holdings Inc passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.31x

For every $1 of reported earnings, Dht Holdings Inc generates $1.31 in operating cash flow ($276.6M OCF vs $211.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$498.4M

YoY-12.8%

5Y CAGR-6.3%

10Y CAGR+13.9%

Dht Holdings Inc generated $498.4M in revenue in fiscal year 2025. This represents a decrease of 12.8% from the prior year.

EBITDA

N/A

Net Income

$211.0M

YoY+16.3%

5Y CAGR-4.6%

Dht Holdings Inc reported $211.0M in net income in fiscal year 2025. This represents an increase of 16.3% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$79.0M

YoY+1.1%

5Y CAGR+2.9%

10Y CAGR-7.2%

Dht Holdings Inc held $79.0M in cash against $29.5M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

161M

YoY+0.5%

5Y CAGR-1.2%

Dht Holdings Inc had 161M shares outstanding in fiscal year 2025. This represents an increase of 0.5% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

42.3%

YoY+10.6pp

5Y CAGR+3.8pp

10Y CAGR+120.1pp

Dht Holdings Inc's net profit margin was 42.3% in fiscal year 2025, showing the share of revenue converted to profit. This is up 10.6 percentage points from the prior year.

Return on Equity

18.6%

YoY+1.2pp

5Y CAGR-5.4pp

Dht Holdings Inc's ROE was 18.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.2 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$18.8M

YoY+42.5%

Dht Holdings Inc spent $18.8M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 42.5% from the prior year.

Capital Expenditures

N/A

DHT Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$498.4M-12.8%	$571.8M+2.0%	$560.6M+23.4%	$454.1M+53.5%	$295.9M-57.2%	$691.0M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$413K-32.1%	$608K-6.3%	$649K+10.6%	$587K+63.1%	$360K-60.0%	$900K
Net Income	$211.0M+16.3%	$181.5M+12.4%	$161.4M+160.4%	$62.0M+638.6%	-$11.5M-104.3%	$266.3M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'26	Q3'25	Q2'25	Q3'24	Q2'24	Q3'23	Q2'23	Q3'22
Revenue	$107.3M	N/A	$142.1M	N/A	$131.6M	N/A	$109.9M	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$93K	N/A	$79K	N/A	$137K	N/A	$246K	N/A
Net Income	$44.8M	N/A	$35.2M	N/A	$31.0M	N/A	$7.5M	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

DHT Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$1.6B+7.8%	$1.5B-0.4%	$1.5B-1.1%	$1.5B-6.3%	$1.6B-0.8%	$1.6B
Current Assets	$208.9M+3.5%	$201.9M+0.7%	$200.5M-14.9%	$235.6M+78.5%	$132.0M+11.6%	$118.3M
Cash & Equivalents	$79.0M+1.1%	$78.1M+4.6%	$74.7M-40.7%	$125.9M+107.6%	$60.7M-11.6%	$68.6M
Inventory	$24.7M-34.5%	$37.7M+11.5%	$33.8M	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$1.4M0.0%	$1.4M0.0%	$1.4M0.0%	$1.4M	$0	N/A
Total Liabilities	$469.7M+5.8%	$443.9M-3.6%	$460.6M+5.9%	$435.0M-22.6%	$562.0M+9.5%	$513.0M
Current Liabilities	$74.7M-31.8%	$109.6M+93.6%	$56.6M-12.1%	$64.4M+53.5%	$41.9M-12.5%	$47.9M
Long-Term Debt	$29.5M-92.8%	$409.4M-4.5%	$428.7M+8.1%	$396.7M-24.0%	$522.3M+16.1%	$450.0M
Total Equity	$1.1B+8.7%	$1.0B+1.1%	$1.0B-3.9%	$1.1B+2.5%	$1.0B-5.6%	$1.1B
Retained Earnings	-$96.2M+48.4%	-$186.3M+9.8%	-$206.5M-14.3%	-$180.7M+18.8%	-$222.4M-17.9%	-$188.7M

Metric	Q2'26	Q3'25	Q2'25	Q3'24	Q2'24	Q3'23	Q2'23	Q3'22
Total Assets	$1.4B-6.0%	$1.5B+0.8%	$1.5B-1.2%	$1.5B-0.4%	$1.5B-0.7%	$1.5B+2.9%	$1.5B-8.9%	$1.6B
Current Assets	$146.6M-27.4%	$201.9M+11.2%	$181.5M-9.5%	$200.5M+11.9%	$179.2M-23.9%	$235.6M+38.2%	$170.4M+29.1%	$132.0M
Cash & Equivalents	$81.3M+4.0%	$78.1M+5.8%	$73.8M-1.2%	$74.7M+1.1%	$73.9M-41.3%	$125.9M+91.7%	$65.7M+8.3%	$60.7M
Inventory	$23.5M-37.7%	$37.7M	N/A	$33.8M	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$1.4M0.0%	$1.4M0.0%	$1.4M0.0%	$1.4M0.0%	$1.4M0.0%	$1.4M0.0%	$1.4M	$0
Total Liabilities	$302.4M-31.9%	$443.9M+1.1%	$438.9M-4.7%	$460.6M-2.2%	$471.0M+8.3%	$435.0M-3.1%	$449.1M-20.1%	$562.0M
Current Liabilities	$60.8M-44.5%	$109.6M+45.6%	$75.3M+33.0%	$56.6M-28.1%	$78.8M+22.3%	$64.4M-5.2%	$67.9M+61.9%	$41.9M
Long-Term Debt	$268.5M-34.4%	$409.4M+0.4%	$407.6M-4.9%	$428.7M-1.8%	$436.6M+10.1%	$396.7M-5.3%	$418.9M-19.8%	$522.3M
Total Equity	$1.1B+5.1%	$1.0B+0.7%	$1.0B+0.4%	$1.0B+0.5%	$1.0B-4.4%	$1.1B+5.6%	$1.0B-2.9%	$1.0B
Retained Earnings	-$133.1M+28.6%	-$186.3M+9.5%	-$205.9M+0.3%	-$206.5M+2.0%	-$210.8M-16.7%	-$180.7M+23.5%	-$236.1M-6.1%	-$222.4M

DHT Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$276.6M-7.4%	$298.7M+18.8%	$251.4M+96.6%	$127.9M+111.2%	$60.6M-88.6%	$529.9M
Capital Expenditures	N/A	N/A	N/A	N/A	$48K-89.0%	$435K
Free Cash Flow	N/A	N/A	N/A	N/A	$60.5M-88.6%	$529.4M
Investing Cash Flow	-$166.4M-71.5%	-$97.0M+22.4%	-$125.0M-213.1%	$110.5M+227.7%	-$86.5M-223.8%	-$26.7M
Financing Cash Flow	-$109.5M+44.7%	-$197.9M-11.3%	-$177.8M-2.5%	-$173.3M-1064.8%	$18.0M+103.6%	-$501.9M
Dividends Paid	$118.9M-26.3%	$161.4M-13.5%	$186.7M+848.6%	$19.7M-10.9%	$22.1M-89.7%	$214.7M
Share Buybacks	$18.8M+42.5%	$13.2M-29.8%	$18.8M-24.0%	$24.8M-23.1%	$32.2M	N/A

Metric	Q2'26	Q3'25	Q2'25	Q3'24	Q2'24	Q3'23	Q2'23	Q3'22
Operating Cash Flow	$60.9M-7.4%	$65.8M-17.9%	$80.1M+89.6%	$42.3M-24.1%	$55.7M-38.3%	$90.3M+1547.4%	$5.5M-71.0%	$18.9M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$18.9M
Investing Cash Flow	$11.5M+188.6%	-$13.0M+53.4%	-$27.9M-1166.6%	-$2.2M+97.6%	-$93.0M-5579.6%	-$1.6M-104.7%	$34.6M+363.6%	-$13.1M
Financing Cash Flow	-$73.8M-53.9%	-$47.9M+7.1%	-$51.6M-30.4%	-$39.5M-104.5%	-$19.3M+33.4%	-$29.0M+63.6%	-$79.8M-731.7%	-$9.6M
Dividends Paid	$38.6M+8.6%	$35.5M-18.5%	$43.6M+42.5%	$30.6M-46.0%	$56.7M+770.8%	$6.5M0.0%	$6.5M+95.1%	$3.3M
Share Buybacks	N/A	N/A	N/A	$0-100.0%	$9.9M	$0-100.0%	$8.8M+196.2%	$3.0M

DHT Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	42.3%+10.6pp	31.7%+3.0pp	28.8%+15.1pp	13.7%+17.5pp	-3.9%-42.4pp	38.5%
Return on Equity	18.6%+1.2pp	17.4%+1.8pp	15.6%+9.9pp	5.8%+6.9pp	-1.1%-25.1pp	24.0%
Return on Assets	13.2%+0.9pp	12.2%+1.4pp	10.8%+6.7pp	4.1%+4.8pp	-0.7%-17.1pp	16.4%
Current Ratio	2.80+1.0	1.84-1.7	3.54-0.1	3.66+0.5	3.15+0.7	2.47
Debt-to-Equity	0.03-0.4	0.39-0.0	0.42+0.0	0.37-0.1	0.50+0.1	0.41
FCF Margin	N/A	N/A	N/A	N/A	20.4%-56.2pp	76.6%

Metric	Q2'26	Q3'25	Q2'25	Q3'24	Q2'24	Q3'23	Q2'23	Q3'22
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	41.7%	N/A	24.8%	N/A	23.5%	N/A	6.8%	N/A
Return on Equity	4.1%	N/A	3.4%	N/A	3.0%	N/A	0.7%	N/A
Return on Assets	3.2%	N/A	2.4%	N/A	2.1%	N/A	0.5%	N/A
Current Ratio	2.41+0.6	1.84-0.6	2.41-1.1	3.54+1.3	2.28-1.4	3.66+1.1	2.51-0.6	3.15
Debt-to-Equity	0.25-0.1	0.390.0	0.39-0.0	0.420.0	0.43+0.1	0.37-0.0	0.41-0.1	0.50
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Dht Holdings Inc's annual revenue?

Dht Holdings Inc (DHT) reported $498.4M in total revenue for fiscal year 2025. This represents a -12.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Dht Holdings Inc's revenue growing?

Dht Holdings Inc (DHT) revenue declined by 12.8% year-over-year, from $571.8M to $498.4M in fiscal year 2025.

Is Dht Holdings Inc profitable?

Yes, Dht Holdings Inc (DHT) reported a net income of $211.0M in fiscal year 2025, with a net profit margin of 42.3%.

How much debt does Dht Holdings Inc have?

As of fiscal year 2025, Dht Holdings Inc (DHT) had $79.0M in cash and equivalents against $29.5M in long-term debt.

What is Dht Holdings Inc's net profit margin?

Dht Holdings Inc (DHT) had a net profit margin of 42.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Dht Holdings Inc's return on equity (ROE)?

Dht Holdings Inc (DHT) has a return on equity of 18.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Dht Holdings Inc's operating cash flow?

Dht Holdings Inc (DHT) generated $276.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Dht Holdings Inc's total assets?

Dht Holdings Inc (DHT) had $1.6B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Dht Holdings Inc buy back shares?

Yes, Dht Holdings Inc (DHT) spent $18.8M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Dht Holdings Inc have outstanding?

Dht Holdings Inc (DHT) had 161M shares outstanding as of fiscal year 2025.

What is Dht Holdings Inc's current ratio?

Dht Holdings Inc (DHT) had a current ratio of 2.80 as of fiscal year 2025, which is generally considered healthy.

What is Dht Holdings Inc's debt-to-equity ratio?

Dht Holdings Inc (DHT) had a debt-to-equity ratio of 0.03 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Dht Holdings Inc's return on assets (ROA)?

Dht Holdings Inc (DHT) had a return on assets of 13.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Dht Holdings Inc's Piotroski F-Score?

Dht Holdings Inc (DHT) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Dht Holdings Inc's earnings high quality?

Dht Holdings Inc (DHT) has an earnings quality ratio of 1.31x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Dht Holdings Inc?

Dht Holdings Inc (DHT) scores 54 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.