Himalaya Shipping vs Nextboat
Himalaya Shipping and Nextboat are similar in size: $132m and $120m of revenue in their latest fiscal years. Nextboat grew faster (21.1% against 6.7%). Himalaya Shipping kept more of each dollar of sales as profit: a net margin of 13.4% against -1.6%. Nextboat carries less debt relative to equity (214.7% against 433.3%).
| Latest fiscal year | Himalaya ShippingHSHP, 2025 | NextboatNXB, 2025 |
|---|---|---|
| Revenue | $132m | $120m |
| Revenue growth | 6.7% | 21.1% |
| Net income | $17.7m | −$1.9m |
| Operating margin | 51.7% | 0.4% |
| Net margin | 13.4% | -1.6% |
| Return on equity | 11.2% | -29.2% |
| Free cash flow | — | −$1.3m |
| Cash | $32.4m | $12.4m |
| Total debt | $701m | $25.4m |
| Debt to equity | 433.3% | 214.7% |
| Dividend per share | — | — |
| Dividend yield | 3.8% | — |
| Share buybacks | — | — |
| Employees | — | 40 |
| Market value | $723m | $37.3m |
| Price vs our value range | Within our value range | — |
| Moat score | — | — |
| Insider trades, 12 months | 1 buys, 2 sales | 16 buys, 5 sales |