What is Diana Shipping, Inc.'s earnings per share (EPS)?

Diana Shipping, Inc. (DSX) reported diluted earnings per share of $0.11 for fiscal year 2025. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Diana Shipping, Inc. (DSX) Financials

DSX

FY2025 annual

Revenue $213.5M -6.4% YoY

Net Income $17.8M +39.9% YoY

EPS (Diluted) $0.11 YoY not available

Operating Cash Flow $47.5M -43.1% YoY

Market Cap $352.1M as of Oct 7, 2026

Price / Sales 1.6x on $213.5M revenue, FY2025

Price / Earnings 19.8x on $17.8M net income, FY2025

Price / Book 0.6x on $551.5M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 7, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 4, 2026 Currency USD FYE December

Newest figures come from the 6-K for Q2 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the DSX SEC filings page.

Diana Shipping, Inc. (DSX) reported $213.5M in revenue for fiscal year 2025, down 6.4% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).

Rhea AI DSX FY2025 2026-10-03

Diana Shipping remains asset-heavy and debt-funded, while weaker margins and cash generation have reduced earnings quality since FY2022.

In FY2025, operating cash flow of $48M exceeded net income of $18M, but fell from $84M in FY2024. That gap reflects the importance of non-cash charges such as $47M of depreciation, while the year-over-year cash decline shows that reported profit is not the whole operating picture.

Operating profit margin fell from 49.2% in FY2022 to 19.8% in FY2025. Revenue also declined from $290M to $214M, so weaker results reflect both less activity and less profit retained from each revenue dollar.

Long-term leverage stayed broadly stable: debt-to-equity remained near 0.9x through FY2025, while the current ratio rose to 2.7x. That combination suggests improved short-term balance-sheet flexibility without a comparable reduction in the debt burden, which remained about $473M against $502M of equity.

Financial Health Signals

Financial Health Score 51/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Diana Shipping, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Diana Shipping, Inc. has an operating margin of 19.8%, meaning the company retains $20 of operating profit per $100 of revenue. This strong profitability earns a score of 81/100, reflecting efficient cost management and pricing power. This is down from 25.8% the prior year.

Growth

Diana Shipping, Inc.'s revenue declined 6.4% year-over-year, from $228.2M to $213.5M. This contraction results in a growth score of 10/100.

Leverage

Diana Shipping, Inc. has elevated debt relative to equity (D/E of 0.94), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 12/100, reflecting increased financial risk.

Liquidity

With a current ratio of 2.73, Diana Shipping, Inc. holds $2.73 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 75/100.

Cash Flow

Returns

Diana Shipping, Inc.'s ROE of 3.5% shows moderate profitability relative to equity, earning a score of 51/100. This is up from 2.5% the prior year.

Altman Z-Score Distress

0.03

Diana Shipping, Inc. scores 0.03, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($352.1M) relative to total liabilities ($667.8M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

6/8

Diana Shipping, Inc. passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 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

2.66x

For every $1 of reported earnings, Diana Shipping, Inc. generates $2.66 in operating cash flow ($47.5M OCF vs $17.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk

0.98x

Diana Shipping, Inc. earns $0.98 in operating income for every $1 of interest expense ($42.2M vs $43.0M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Earnings & Revenue

None of these metrics is reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt

$48.7M

YoY-25.2%

QoQ-3.6%

5Y CAGR-35.8%

Diana Shipping, Inc. held $48.7M in cash against $409.0M in long-term debt as of Q2 2026.

Shares Outstanding

124M

YoY+7.5%

QoQ+7.5%

5Y CAGR+8.6%

Diana Shipping, Inc. had 124M shares outstanding in Q2 2026. This represents an increase of 7.5% from the same quarter a year earlier. Against the prior quarter it is up 7.5%.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

None of these metrics is reported for Q2 2026.

Capital Allocation

None of these metrics is reported for Q2 2026.

DSX Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

DSX quarterly income statement

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$213.5M-6.4%	$228.2M-12.9%	$262.1M-9.6%	$290.0M+35.4%	$214.2M+26.2%	$169.7M-23.1%	$220.7M-2.4%	$226.2M+39.7%	$161.9M+41.7%	$114.3M-27.6%	$157.7M-10.2%	$175.6M+7.1%	$164.0M-25.7%	$220.8M-13.6%	$255.7M
Cost of Revenue	N/A	N/A	N/A	N/A	$5.6M-58.8%	$13.5M-0.1%	$13.5M	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	$208.6M+33.6%	$156.2M-24.6%	$207.2M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$34.1M+2.0%	$33.4M+1.4%	$33.0M+12.3%	$29.4M+0.6%	$29.2M-10.9%	$32.8M+14.6%	$28.6M-3.1%	$29.5M+12.1%	$26.3M+3.2%	$25.5M+0.7%	$25.3M-3.4%	$26.2M+10.5%	$23.7M-4.8%	$24.9M-0.8%	$25.1M
Operating Income	$42.2M-28.2%	$58.8M-31.4%	$85.7M-39.9%	$142.7M+124.7%	$63.5M+156.4%	-$112.7M-739.4%	$17.6M-53.9%	$38.3M+107.9%	-$484.0M-448.0%	-$88.3M-87.2%	-$47.2M-159.2%	-$18.2M-110.4%	-$8.7M-113.7%	$63.1M-43.1%	$110.9M
EBITDA	$88.7M-14.3%	$103.5M-23.6%	$135.5M-27.2%	$186.0M+78.9%	$104.0M+249.3%	-$69.7M-204.7%	$66.5M-26.5%	$90.5M+122.8%	-$397.0M-5787.3%	-$6.7M-123.1%	$29.2M-44.3%	$52.3M-6.8%	$56.1M-55.2%	$125.1M-24.7%	$166.2M
Interest Expense	$43.0M-9.5%	$47.5M-3.8%	$49.3M+79.9%	$27.4M+35.5%	$20.2M-5.9%	$21.5M-26.9%	$29.4M-3.5%	$30.5M+22.1%	$25.0M+27.9%	$19.5M+40.2%	$13.9M+78.1%	$7.8M+2.8%	$7.6M+8.2%	$7.0M+56.2%	$4.5M
Net Income	$17.8M+39.9%	$12.7M-74.4%	$49.8M-58.1%	$119.1M+107.4%	$57.4M+142.8%	-$134.2M-1173.8%	-$10.5M-163.5%	$16.6M+103.2%	-$511.7M-211.6%	-$164.2M-153.8%	-$64.7M-530.2%	-$10.3M+51.6%	-$21.2M-138.8%	$54.6M-49.2%	$107.5M
EPS (Basic)	$0.11+83.3%	$0.06-86.4%	$0.44-69.0%	$1.42+121.9%	$0.64+139.5%	-$1.62-852.9%	-$0.17	N/A	N/A	N/A	N/A	N/A	N/A	$0.67-49.6%	$1.33
EPS (Diluted)	$0.11	$0.05	$0.42-69.1%	$1.36+123.0%	$0.61+137.7%	-$1.62-852.9%	-$0.17	N/A	N/A	N/A	N/A	N/A	N/A	$0.67-49.6%	$1.33
Diluted Shares (Avg)	110M	119M	102M+22.3%	83M-1.8%	85M-1.5%	86M-9.5%	95M-9.1%	105M+9.4%	96M+19.0%	80M	N/A	N/A	81M+0.3%	81M-0.1%	81M

Metric	Q2'266-K	Q4'256-K	Q2'256-K	Q4'2420-F	Q2'2410-Q	Q4'2310-K	Q2'2310-Q	Q4'2210-K

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).

DSX Balance Sheet

DSX quarterly balance sheet

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$1.2B-0.1%	$1.2B+0.4%	$1.2B-1.4%	$1.2B+40.5%	$842.0M-3.5%	$872.4M-18.6%	$1.1B-9.8%	$1.2B-4.7%	$1.2B-25.3%	$1.7B-9.2%	$1.8B+2.8%	$1.8B+5.0%	$1.7B-2.3%	$1.7B+8.6%	$1.6B
Current Assets	$244.9M+18.5%	$206.6M+13.4%	$182.2M+29.6%	$140.6M+11.9%	$125.6M+20.0%	$104.7M-23.6%	$137.0M-3.5%	$142.0M+2.3%	$138.8M+20.3%	$115.3M-40.4%	$193.5M-18.8%	$238.2M-5.4%	$251.9M-46.1%	$467.0M+7.9%	$432.7M
Cash & Equivalents	$50.5M-59.5%	$124.7M+22.7%	$101.6M+32.9%	$76.4M-30.7%	$110.3M+75.3%	$62.9M-41.4%	$107.3M-15.4%	$126.8M+215.3%	$40.2M-59.0%	$98.1M-42.8%	$171.7M-13.9%	$199.4M-10.4%	$222.6M-50.2%	$446.6M+7.2%	$416.7M
Short-Term Investments	$0	$0-100.0%	$40.0M-14.0%	$46.5M	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$4.1M-1.3%	$4.2M-17.1%	$5.1M+11.2%	$4.5M-25.4%	$6.1M+29.1%	$4.7M-14.6%	$5.5M-5.3%	$5.8M+1.1%	$5.8M-1.5%	$5.9M-6.3%	$6.3M-14.5%	$7.3M+22.7%	$6.0M+13.0%	$5.3M+9.7%	$4.8M
Accounts Receivable	$3.7M-43.0%	$6.6M+11.8%	$5.9M-4.2%	$6.1M+116.3%	$2.8M-45.9%	$5.2M-33.4%	$7.9M+166.7%	$2.9M-40.3%	$4.9M-16.4%	$5.9M+30.8%	$4.5M-29.3%	$6.4M+810.6%	$701K-89.4%	$6.6M+18.4%	$5.6M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$667.8M+0.3%	$666.0M-1.7%	$677.4M-2.6%	$695.6M+55.0%	$448.8M+1.1%	$443.8M-11.4%	$501.2M-10.5%	$560.1M-9.9%	$622.0M+1.6%	$612.1M-1.1%	$618.6M+22.5%	$504.9M+12.6%	$448.6M-5.8%	$476.4M+20.4%	$395.6M
Current Liabilities	$89.6M+11.7%	$80.2M-5.8%	$85.1M-35.3%	$131.6M+102.0%	$65.1M+5.8%	$61.6M-5.9%	$65.5M-47.7%	$125.2M+55.6%	$80.4M+2.8%	$78.2M+32.8%	$58.9M-40.0%	$98.1M+57.5%	$62.3M+1.3%	$61.5M+27.8%	$48.1M
Non-Current Liabilities	$578.2M-1.3%	$585.8M-1.1%	$592.3M+5.0%	$564.0M+47.0%	$383.6M+0.4%	$382.3M-12.3%	$435.7M+0.2%	$435.0M-19.7%	$541.5M+1.4%	$533.8M-4.6%	$559.7M+37.6%	$406.8M+5.3%	$386.3M-6.9%	$414.9M+19.4%	$347.5M
Long-Term Debt	$472.5M+0.7%	$469.4M+1.8%	$461.1M+7.0%	$431.0M+12.7%	$382.5M+0.4%	$381.1M-12.3%	$434.7M+0.1%	$434.1M-19.7%	$540.6M+1.4%	$533.1M-4.6%	$559.1M+37.9%	$405.5M+5.2%	$385.5M-6.9%	$414.1M+19.8%	$345.6M
Total Equity	$502.4M-0.5%	$505.1M+3.3%	$489.0M+0.3%	$487.3M+23.9%	$393.2M-8.3%	$428.6M-24.8%	$570.1M-9.2%	$627.7M+0.5%	$624.8M-40.9%	$1.1B-13.3%	$1.2B-5.0%	$1.3B+2.3%	$1.3B-1.0%	$1.3B+4.8%	$1.2B
Retained Earnings	-$628.5M+1.2%	-$635.9M-3.6%	-$613.9M-6.8%	-$575.0M+2.6%	-$590.3M+0.4%	-$592.6M-30.9%	-$452.6M-3.7%	-$436.3M+2.4%	-$447.1M-735.5%	$70.4M-70.7%	$240.4M-22.7%	$310.8M-4.7%	$326.2M-6.1%	$347.4M+18.7%	$292.8M

Metric	Q2'266-K	Q4'256-K	Q2'256-K	Q4'2420-F	Q2'2410-Q	Q4'2310-K	Q2'2310-Q	Q4'2210-K
Total Assets	$1.2B+5.7%	$1.2B-0.1%	$1.1B-1.5%	$1.2B+0.4%	$1.1B-4.6%	$1.2B-1.4%	$1.2B+32.5%	$1.2B+40.5%
Current Assets	$276.6M+50.1%	$244.9M+18.5%	$184.3M+8.6%	$206.6M+13.4%	$169.7M-12.9%	$182.2M+29.6%	$194.8M+31.5%	$140.6M+11.9%
Cash & Equivalents	$48.7M-25.2%	$50.5M-59.5%	$65.1M-35.3%	$124.7M+22.7%	$100.5M-18.3%	$101.6M+32.9%	$123.1M+9.1%	$76.4M-30.7%
Short-Term Investments	$0-100.0%	$0	$24.4M+21.8%	$0-100.0%	$20.0M-63.0%	$40.0M-14.0%	$54.0M	$46.5M
Inventory	$4.4M+1.5%	$4.1M-1.3%	$4.3M-8.1%	$4.2M-17.1%	$4.7M+1.6%	$5.1M+11.2%	$4.6M-27.9%	$4.5M-25.4%
Accounts Receivable	$6.7M+31.0%	$3.7M-43.0%	$5.1M-29.9%	$6.6M+11.8%	$7.3M+120.9%	$5.9M-4.2%	$3.3M-42.9%	$6.1M+116.3%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$643.9M+0.9%	$667.8M+0.3%	$638.4M-1.6%	$666.0M-1.7%	$648.6M-9.5%	$677.4M-2.6%	$716.5M+47.2%	$695.6M+55.0%
Current Liabilities	$135.1M+68.1%	$89.6M+11.7%	$80.4M-0.7%	$80.2M-5.8%	$81.0M-20.7%	$85.1M-35.3%	$102.1M+24.7%	$131.6M+102.0%
Non-Current Liabilities	$508.8M-8.8%	$578.2M-1.3%	$558.0M-1.7%	$585.8M-1.1%	$567.7M-7.6%	$592.3M+5.0%	$614.4M+51.7%	$564.0M+47.0%
Long-Term Debt	$409.0M-8.4%	$472.5M+0.7%	$446.7M+1.8%	$469.4M+1.8%	$438.6M-9.7%	$461.1M+7.0%	$485.9M+20.3%	$431.0M+12.7%
Total Equity	$551.5M+11.9%	$502.4M-0.5%	$492.8M-1.4%	$505.1M+3.3%	$499.9M+2.6%	$489.0M+0.3%	$487.4M+15.5%	$487.3M+23.9%
Retained Earnings	-$583.9M+7.8%	-$628.5M+1.2%	-$633.6M+0.4%	-$635.9M-3.6%	-$635.8M-8.2%	-$613.9M-6.8%	-$587.5M-3.0%	-$575.0M+2.6%

Not reported in any period shown, so not listed: Goodwill.

DSX Cash Flow Statement

DSX quarterly cash flow statement

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$47.5M-43.1%	$83.5M+18.7%	$70.4M-55.7%	$158.9M+77.1%	$89.7M+420.5%	$17.2M-65.5%	$49.9M-37.6%	$79.9M+241.4%	$23.4M+211.5%	-$21.0M-187.7%	$23.9M-46.7%	$44.9M-33.4%	$67.4M-43.8%	$119.9M-22.3%	$154.2M
Depreciation & Amortization	$46.5M+4.1%	$44.7M-10.2%	$49.8M+14.9%	$43.3M+7.0%	$40.5M-5.8%	$43.0M-12.1%	$48.9M-6.3%	$52.2M-40.0%	$87.0M+6.7%	$81.6M+6.9%	$76.3M+8.3%	$70.5M+8.9%	$64.7M+4.4%	$62.0M+12.2%	$55.3M
Capital Expenditures	N/A	N/A	$29.7M-87.1%	$230.3M+1224.1%	$17.4M+189.8%	$6.0M+114.0%	$2.8M+9.0%	$2.6M-98.0%	$125.8M+147.1%	$50.9M-67.2%	$155.4M+39.1%	$111.7M-43.7%	$198.6M+16.0%	$171.2M+193.7%	$58.3M
Free Cash Flow	N/A	N/A	$40.6M+156.9%	-$71.4M-198.8%	$72.3M+543.7%	$11.2M-76.1%	$47.1M-39.1%	$77.4M+175.6%	-$102.4M-42.4%	-$71.9M+45.3%	-$131.4M-96.7%	-$66.8M+49.1%	-$131.2M-155.7%	-$51.3M-153.5%	$95.9M
Investing Cash Flow	-$32.0M+19.5%	-$39.8M-259.6%	$24.9M+109.1%	-$273.1M-2143.7%	$13.4M+27.5%	$10.5M-72.7%	$38.4M-61.4%	$99.4M+165.2%	-$152.3M-266.0%	-$41.6M+73.3%	-$155.6M-2.0%	-$152.5M+37.8%	-$245.2M-44.3%	-$169.9M-87.9%	-$90.4M
Financing Cash Flow	-$36.9M-70.3%	-$21.7M+69.5%	-$71.1M-183.8%	$84.9M+243.4%	-$59.2M+19.0%	-$73.1M+34.4%	-$111.4M-18.9%	-$93.7M-227.3%	$73.6M+878.0%	-$9.5M-108.9%	$106.0M+25.6%	$84.4M+398.8%	-$28.2M-135.3%	$80.0M+972.4%	$7.5M
Dividends Paid	$4.6M-84.0%	$29.0M-30.0%	$41.4M-48.1%	$79.8M+804.9%	$8.8M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$23.0M	$0	$0-100.0%	$3.8M-91.6%	$45.4M+278.1%	$12.0M-75.8%	$49.7M+227.8%	$15.2M	$0	$0-100.0%	$2.7M-89.5%	$25.3M	$0-100.0%	$6.0M+409.2%	$1.2M

Metric	Q2'266-K	Q4'256-K	Q2'256-K	Q4'2420-F	Q2'2410-Q	Q4'2310-K	Q2'2310-Q	Q4'2210-K

Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.

DSX Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

DSX quarterly financial ratios

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	N/A	N/A	N/A	N/A	97.4%+5.4pp	92.0%-1.8pp	93.9%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	19.8%-6.0pp	25.8%-6.9pp	32.7%-16.5pp	49.2%+19.6pp	29.6%+96.0pp	-66.4%-74.4pp	8.0%-8.9pp	16.9%	-298.9%	-77.3%-47.4pp	-29.9%-19.5pp	-10.4%-5.1pp	-5.3%-33.9pp	28.6%-14.8pp	43.4%
Net Margin	8.3%+2.8pp	5.6%-13.4pp	19.0%-22.0pp	41.1%+14.3pp	26.8%+105.8pp	-79.1%-74.3pp	-4.8%-12.1pp	7.3%	-316.1%	-143.7%	-41.0%-35.2pp	-5.9%+7.1pp	-12.9%-37.7pp	24.8%-17.3pp	42.0%
Return on Equity	3.5%+1.0pp	2.5%-7.7pp	10.2%-14.2pp	24.4%+9.8pp	14.6%+45.9pp	-31.3%-29.5pp	-1.8%-4.5pp	2.6%+84.5pp	-81.9%-66.4pp	-15.5%-10.2pp	-5.3%-4.5pp	-0.8%+0.9pp	-1.7%-6.0pp	4.3%-4.6pp	8.9%
Return on Assets	1.5%+0.4pp	1.1%-3.2pp	4.3%-5.8pp	10.1%+3.3pp	6.8%+22.2pp	-15.4%-14.4pp	-1.0%-2.4pp	1.4%+42.4pp	-41.0%-31.2pp	-9.8%-6.3pp	-3.5%-3.0pp	-0.6%+0.7pp	-1.3%-4.4pp	3.1%-3.6pp	6.7%
Current Ratio	2.73+0.2x	2.58+0.4x	2.14+1.1x	1.07-0.9x	1.93+0.2x	1.70-0.4x	2.09+1.0x	1.13-0.6x	1.73+0.3x	1.47-1.8x	3.29+0.9x	2.43-1.6x	4.04-3.6x	7.60-1.4x	9.00
Debt-to-Equity	0.940.0x	0.930.0x	0.94+0.1x	0.88-0.1x	0.97+0.1x	0.89+0.1x	0.76+0.1x	0.69-0.2x	0.87+0.4x	0.500.0x	0.46+0.1x	0.320.0x	0.310.0x	0.330.0x	0.29
Asset Turnover	0.180.0x	0.190.0x	0.220.0x	0.250.0x	0.25+0.1x	0.190.0x	0.210.0x	0.19+0.1x	0.13+0.1x	0.070.0x	0.090.0x	0.100.0x	0.100.0x	0.130.0x	0.16
FCF Margin	N/A	N/A	15.5%+40.1pp	-24.6%-58.4pp	33.8%+27.1pp	6.6%-14.7pp	21.3%-12.9pp	34.2%+97.4pp	-63.2%-0.3pp	-62.9%+20.4pp	-83.3%-45.3pp	-38.0%+42.0pp	-80.0%-56.8pp	-23.2%-60.8pp	37.5%

Metric	Q2'266-K	Q4'256-K	Q2'256-K	Q4'2420-F	Q2'2410-Q	Q4'2310-K	Q2'2310-Q	Q4'2210-K
Current Ratio	2.05-0.2x	2.73+0.2x	2.29+0.2x	2.58+0.4x	2.10+0.2x	2.14+1.1x	1.91+0.1x	1.07-0.9x
Debt-to-Equity	0.74-0.2x	0.940.0x	0.910.0x	0.930.0x	0.88-0.1x	0.94+0.1x	1.000.0x	0.88-0.1x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Diana Shipping, Inc. DSX	FY2025	$213.5M	$17.8M	8.3%	$352.1M	51/100
Seanergy Maritime Holdings Corp. SHIP	FY2025	$158.1M	$21.2M	13.4%	$379.2M	61/100
StealthGas, Inc. GASS	FY2025	$173.2M	$60.6M	35.0%	$341.7M	81/100
SEACOR Marine Holdings Inc. SMHI	FY2025	$227.8M	-$27.8M	-12.2%	$227.4M	29/100
Uni-Fuels Holdings Limited UFG	FY2025	$263.9M	-$1.8M	-0.7%	$12.6M	40/100
Safe Bulkers, Inc Cumulative Re SB-PC	FY2025	N/A	$38.6M	N/A	$175.0M	—

Where Diana Shipping, Inc. Ranks

Frequently Asked Questions

What is Diana Shipping, Inc.'s annual revenue?

Diana Shipping, Inc. (DSX) reported $213.5M in total revenue for fiscal year 2025. This represents a -6.4% 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 Diana Shipping, Inc.'s revenue growing?

Diana Shipping, Inc. (DSX) revenue declined by 6.4% year-over-year, from $228.2M to $213.5M in fiscal year 2025.

Is Diana Shipping, Inc. profitable?

Yes, Diana Shipping, Inc. (DSX) reported a net income of $17.8M in fiscal year 2025, with a net profit margin of 8.3%.

What is Diana Shipping, Inc.'s EBITDA?

Diana Shipping, Inc. (DSX) had EBITDA of $88.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Diana Shipping, Inc. have?

As of fiscal year 2025, Diana Shipping, Inc. (DSX) had $50.5M in cash and equivalents against $472.5M in long-term debt.

What is Diana Shipping, Inc.'s operating margin?

Diana Shipping, Inc. (DSX) had an operating margin of 19.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Diana Shipping, Inc.'s net profit margin?

Diana Shipping, Inc. (DSX) had a net profit margin of 8.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Diana Shipping, Inc. pay dividends?

Yes, Diana Shipping, Inc. (DSX) paid $0.04 per share in dividends during fiscal year 2025.

What is Diana Shipping, Inc.'s return on equity (ROE)?

Diana Shipping, Inc. (DSX) has a return on equity of 3.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Diana Shipping, Inc.'s operating cash flow?

Diana Shipping, Inc. (DSX) generated $47.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Diana Shipping, Inc.'s total assets?

Diana Shipping, Inc. (DSX) had $1.2B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Diana Shipping, Inc. buy back shares?

Yes, Diana Shipping, Inc. (DSX) spent $23.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Diana Shipping, Inc. have outstanding?

Diana Shipping, Inc. (DSX) had 116M shares outstanding as of fiscal year 2025.

What is Diana Shipping, Inc.'s current ratio?

Diana Shipping, Inc. (DSX) had a current ratio of 2.73 as of fiscal year 2025, which is generally considered healthy.

What is Diana Shipping, Inc.'s debt-to-equity ratio?

Diana Shipping, Inc. (DSX) had a debt-to-equity ratio of 0.94 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Diana Shipping, Inc.'s return on assets (ROA)?

Diana Shipping, Inc. (DSX) had a return on assets of 1.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Diana Shipping, Inc.'s P/E ratio?

Diana Shipping, Inc. (DSX) trades at 19.8x earnings, its market capitalization divided by net income of $17.8M net income, FY2025. The market capitalization is $352.1M as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Diana Shipping, Inc.'s price-to-sales ratio?

Diana Shipping, Inc. (DSX) trades at 1.6x sales, its market capitalization divided by revenue of $213.5M revenue, FY2025. The market capitalization is $352.1M as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Diana Shipping, Inc.'s Altman Z-Score?

Diana Shipping, Inc. (DSX) has an Altman Z-Score of 0.03, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Diana Shipping, Inc.'s Piotroski F-Score?

Diana Shipping, Inc. (DSX) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Diana Shipping, Inc.'s earnings high quality?

Diana Shipping, Inc. (DSX) has an earnings quality ratio of 2.66x, 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.

Can Diana Shipping, Inc. cover its interest payments?

Diana Shipping, Inc. (DSX) has an interest coverage ratio of 0.98x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Diana Shipping, Inc.?

Diana Shipping, Inc. (DSX) scores 51 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.