Himalaya Shippin Financials
Himalaya Shippin (HSHP) reported $131.9M in revenue for fiscal year 2025, up 6.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 4 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).
A debt-funded asset base produces rich operating margins, but interest costs keep only a modest share for shareholders.
By FY2025, investing cash flow had moved from-$313.4M to$0 , marking a clear shift away from asset build-out. Because operating cash flow was$51.7M while financing cash flow was-$38.7M , the business appears to have entered a harvest phase where existing assets funded distributions and some balance-sheet repair instead of more expansion.
The income statement looks stronger than the equity result: FY2025 operating margin was
Dividend policy is tied more to cash generation than reported profit: dividends paid were
Financial Health Signals
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 Himalaya Shippin'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.
Himalaya Shippin has an operating margin of 51.7%, meaning the company retains $52 of operating profit per $100 of revenue. This strong profitability earns a score of 95/100, reflecting efficient cost management and pricing power. This is down from 54.0% the prior year.
Himalaya Shippin's revenue grew 6.7% year-over-year to $131.9M, a solid pace of expansion. This earns a growth score of 97/100.
Himalaya Shippin has elevated debt relative to equity (D/E of 4.12), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 8/100, reflecting increased financial risk.
Himalaya Shippin's current ratio of 1.08 is below the typical benchmark, resulting in a score of 23/100. However, the company holds substantial cash reserves (89% of current liabilities), which buffers actual liquidity risk. Large mature operators often run tight current ratios by design.
Not available for Himalaya Shippin, and counted as zero in the overall score.
Himalaya Shippin's ROE of 10.9% shows moderate profitability relative to equity, earning a score of 58/100. This is down from 13.6% the prior year.
Himalaya Shippin scores 1.15, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($787.3M) relative to total liabilities ($702.2M). 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.
Himalaya Shippin passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Himalaya Shippin generates $2.92 in operating cash flow ($51.7M OCF vs $17.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Himalaya Shippin earns $1.33 in operating income for every $1 of interest expense ($68.2M vs $51.4M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Himalaya Shippin generated $131.9M in revenue in fiscal year 2025. This represents an increase of 6.7% from the prior year.
Himalaya Shippin's EBITDA was $97.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 4.5% from the prior year.
Himalaya Shippin reported $17.7M in net income in fiscal year 2025. This represents a decrease of 16.1% from the prior year.
Himalaya Shippin earned $0.38 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 20.8% from the prior year.
Cash & Balance Sheet
Himalaya Shippin held $32.4M in cash against $665.6M in long-term debt as of fiscal year 2025.
Himalaya Shippin paid $0.57 per share in dividends in fiscal year 2025. This represents an increase of 18.7% from the prior year.
Not reported for fiscal year 2025.
Margins & Returns
Himalaya Shippin's gross margin was 78.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.0 percentage points from the prior year.
Himalaya Shippin's operating margin was 51.7% in fiscal year 2025, reflecting core business profitability. This is down 2.2 percentage points from the prior year.
Himalaya Shippin's net profit margin was 13.4% in fiscal year 2025, showing the share of revenue converted to profit. This is down 3.6 percentage points from the prior year.
Himalaya Shippin's ROE was 10.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.7 percentage points from the prior year.
Capital Allocation
None of these metrics is reported for fiscal year 2025.
HSHP Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q2'25 | Q1'25 | Q4'24 | Q2'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $53.7M | N/A | N/A | $29.9M | N/A | N/A | $31.2M | N/A |
| Cost of Revenue | $7.1M | N/A | N/A | $7.1M | N/A | N/A | $5.6M | N/A |
| Gross Profit | $46.6M | N/A | N/A | $22.8M | N/A | N/A | $25.6M | N/A |
| SG&A Expenses | $1.9M | N/A | N/A | $1.5M | N/A | N/A | $1.3M | N/A |
| Operating Income | $36.7M | N/A | N/A | $13.6M | N/A | N/A | $17.5M | N/A |
| Interest Expense | $12.4M | N/A | N/A | $12.8M | N/A | N/A | $11.0M | N/A |
| Income Tax | $0 | N/A | N/A | $0 | N/A | N/A | $0 | N/A |
| Net Income | $24.6M+392.0% | $5.0M | N/A | $1.1M+117.2% | -$6.4M | N/A | $6.9M | N/A |
| EPS (Diluted) | $0.52 | N/A | N/A | $0.02 | N/A | N/A | $0.16 | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
HSHP Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q2'25 | Q1'25 | Q4'24 | Q2'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $853.8M | N/A | $863.9M-0.9% | $871.9M | N/A | $880.1M-1.9% | $897.3M+49.7% | $599.2M |
| Current Assets | $44.1M | N/A | $39.7M+19.9% | $33.1M | N/A | $26.8M-9.2% | $29.5M-10.0% | $32.8M |
| Cash & Equivalents | $34.8M+42.0% | $24.5M-24.4% | $32.4M+31.2% | $24.7M-8.5% | $27.0M+39.2% | $19.4M-11.6% | $21.9M-14.1% | $25.6M |
| Inventory | $1.9M | N/A | $1.7M+6.3% | $1.6M | N/A | $1.5M+16.4% | $1.3M+103.3% | $634K |
| Accounts Receivable | $1.2M | N/A | $700K+75.0% | $400K | N/A | $1.2M+16.1% | $1.0M+27.5% | $811K |
| Total Liabilities | $690.6M | N/A | $702.2M-1.5% | $712.6M | N/A | $725.4M-2.0% | $740.0M+66.3% | $445.0M |
| Current Liabilities | $37.2M | N/A | $36.6M+4.6% | $35.0M | N/A | $35.8M-5.8% | $38.0M+50.3% | $25.3M |
| Long-Term Debt | $653.4M | N/A | $665.6M-1.8% | $677.6M | N/A | $689.6M-1.8% | $702.0M+67.3% | $419.7M |
| Total Equity | $163.2M+4.7% | $155.8M-3.6% | $161.7M+1.5% | $159.3M-2.0% | $162.5M+5.0% | $154.7M-1.6% | $157.2M+1.9% | $154.2M |
| Retained Earnings | $66.9M | N/A | $37.3M+160.8% | $14.3M | N/A | $19.6M+149.0% | $7.9M+630.8% | -$1.5M |
Not reported in any period shown, so not listed: Goodwill.
HSHP Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q2'25 | Q1'25 | Q4'24 | Q2'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $34.2M | N/A | N/A | $8.3M | N/A | N/A | $17.6M | N/A |
| Investing Cash Flow | $0 | N/A | N/A | $0 | N/A | N/A | -$159.4M | N/A |
| Financing Cash Flow | -$23.9M | N/A | N/A | -$10.6M | N/A | N/A | $138.0M | N/A |
| Dividends Paid | $20.2M | N/A | N/A | $3.2M | N/A | N/A | $4.4M | N/A |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Share Buybacks.
HSHP Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q2'25 | Q1'25 | Q4'24 | Q2'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 86.8% | N/A | N/A | 76.3% | N/A | N/A | 82.0% | N/A |
| Operating Margin | 68.3% | N/A | N/A | 45.5% | N/A | N/A | 56.1% | N/A |
| Net Margin | 45.8% | N/A | N/A | 3.7% | N/A | N/A | 22.1% | N/A |
| Return on Equity | 15.1%+11.9pp | 3.2% | N/A | 0.7%+4.6pp | -3.9% | N/A | 4.4% | N/A |
| Return on Assets | 2.9% | N/A | N/A | 0.1% | N/A | N/A | 0.8% | N/A |
| Current Ratio | 1.19 | N/A | 1.08+0.1x | 0.95 | N/A | 0.750.0x | 0.78-0.5x | 1.30 |
| Debt-to-Equity | 4.00 | N/A | 4.12-0.1x | 4.25 | N/A | 4.460.0x | 4.47+1.7x | 2.72 |
Not reported in any period shown, so not listed: FCF Margin.
Where Himalaya Shippin Ranks
Frequently Asked Questions
What is Himalaya Shippin's annual revenue?
Himalaya Shippin (HSHP) reported $131.9M in total revenue for fiscal year 2025. This represents a 6.7% 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 Himalaya Shippin's revenue growing?
Himalaya Shippin (HSHP) revenue grew by 6.7% year-over-year, from $123.6M to $131.9M in fiscal year 2025.
Is Himalaya Shippin profitable?
Yes, Himalaya Shippin (HSHP) reported a net income of $17.7M in fiscal year 2025, with a net profit margin of 13.4%.
What is Himalaya Shippin's EBITDA?
Himalaya Shippin (HSHP) had EBITDA of $97.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Himalaya Shippin have?
As of fiscal year 2025, Himalaya Shippin (HSHP) had $32.4M in cash and equivalents against $665.6M in long-term debt.
What is Himalaya Shippin's gross margin?
Himalaya Shippin (HSHP) had a gross margin of 78.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Himalaya Shippin's operating margin?
Himalaya Shippin (HSHP) had an operating margin of 51.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Himalaya Shippin's net profit margin?
Himalaya Shippin (HSHP) had a net profit margin of 13.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Himalaya Shippin pay dividends?
Yes, Himalaya Shippin (HSHP) paid $0.57 per share in dividends during fiscal year 2025.
What is Himalaya Shippin's return on equity (ROE)?
Himalaya Shippin (HSHP) has a return on equity of 10.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Himalaya Shippin's operating cash flow?
Himalaya Shippin (HSHP) generated $51.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Himalaya Shippin's total assets?
Himalaya Shippin (HSHP) had $863.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Himalaya Shippin's current ratio?
Himalaya Shippin (HSHP) had a current ratio of 1.08 as of fiscal year 2025, which is considered adequate.
What is Himalaya Shippin's debt-to-equity ratio?
Himalaya Shippin (HSHP) had a debt-to-equity ratio of 4.12 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Himalaya Shippin's return on assets (ROA)?
Himalaya Shippin (HSHP) had a return on assets of 2.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Himalaya Shippin's Altman Z-Score?
Himalaya Shippin (HSHP) has an Altman Z-Score of 1.15, 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 Himalaya Shippin's Piotroski F-Score?
Himalaya Shippin (HSHP) 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Himalaya Shippin's earnings high quality?
Himalaya Shippin (HSHP) has an earnings quality ratio of 2.92x, 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 Himalaya Shippin cover its interest payments?
Himalaya Shippin (HSHP) has an interest coverage ratio of 1.33x, 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 Himalaya Shippin?
Himalaya Shippin (HSHP) scores 47 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.