NYSE$DHT
DHT Holdings Inc · Q1 2025 earnings
Q1 2025 earnings · · After market close · Investor relations
Briefing
DHT Holdings reported a net profit of $44.1 million for Q1 2025, with shipping revenues of $118.2 million and an EPS of $0.27.
DHT Holdings, Inc. announced its first quarter 2025 results, reporting a net profit of $44.1 million, or $0.27 per basic share. Shipping revenues for the quarter were $118.2 million, a decrease from $145.9 million in Q1 2024. The company achieved average combined time charter equivalent earnings of $38,200 per day.
- Net profit for Q1 2025 was $44.1 million, equating to $0.27 per basic share, including a $19.8 million gain on vessel sale.
- Average combined time charter equivalent earnings reached $38,200 per day in Q1 2025.
- The company sold DHT Scandinavia for $43.4 million in January 2025, resulting in a $19.8 million gain.
- DHT entered into new one-year time charter contracts for DHT China ($40,000/day) and DHT Tiger ($52,500/day) in Q1 2025.
Headline financials
Revenue & EPS history
DHT Holdings · Revenue · Quarterly
$119M
Forward guidance
The company anticipates a favorable supply story in the market due to an aging fleet and benign orderbook, with strong demand for its quality fleet and services. They expect continued oil demand growth and new refining capacity to come online.
Tailwinds
- Favorable supply story with a rapidly aging fleet and benign orderbook of new ships.
- String of sanctions making it increasingly challenging to trade ships in the 'shadow fleet'.
- OPEC modestly increasing oil supply to markets, strengthening freight rates.
- Continued oil demand growth and temporarily moderating growth trajectory of Atlantic based oil production.
- Low inventories in China requiring refilling to support growth and new refining capacity coming on stream.
Headwinds
- Global markets experienced volatility following announcements of various tariffs.
- Uncertainty regarding objectives and outcomes of tariffs, making true implications for global economic growth and trade unclear.
- Potential for sanctioned oil production to be at risk, requiring replacement.
- The company's estimates for future payments related to vessels under construction are subject to change.
- Market prices of second-hand vessels and charter rates tend to fluctuate cyclically.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2025
+0.2%
Avg return
Earnings day
+1.2%
Avg return
5 days after
-1.0%
Avg return
30 days after
46%
21 / 46 earnings
Positive
+15.2%
Q4 2022
Best reaction
-17.0%
Q3 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.4% | +0.7% | +4.8% | |
| Q4 2026 | -0.8% | -2.0% | -12.9% | |
| Q3 2025 | +0.6% | -1.5% | -0.2% | |
| Q2 2025 | +1.5% | -2.4% | +8.1% | |
| Q1 2025 | -1.0% | -0.3% | +1.3% | |
| Q4 2024 | -2.5% | -6.2% | -8.9% | |
| Q3 2024 | +3.8% | +1.4% | -13.4% | |
| Q2 2024 | -1.6% | +3.9% | -2.7% | |
| Q1 2024 | +1.1% | +2.8% | -6.5% | |
| Q4 2023 | +4.8% | +5.2% | +5.6% | |
| Q3 2023 | -7.0% | -10.4% | -12.1% | |
| Q2 2023 | -0.8% | -2.4% | -11.4% | |
| Q1 2023 | -10.4% | -11.2% | -12.0% | |
| Q4 2022 | +15.2% | +23.9% | +27.7% | |
| Q3 2022 | +4.6% | +1.5% | -6.3% | |
| Q2 2022 | +3.1% | +6.9% | +13.0% | |
| Q1 2022 | -2.0% | -2.5% | +5.0% | |
| Q4 2021 | +9.4% | +14.1% | +15.7% | |
| Q3 2021 | -2.6% | -5.1% | -19.5% | |
| Q2 2021 | -0.7% | -1.5% | +7.3% | |
| Q1 2021 | -4.1% | -3.9% | +1.8% | |
| Q4 2020 | -0.3% | -0.3% | +2.3% | |
| Q3 2020 | +12.0% | +5.8% | +6.8% | |
| Q2 2020 | -0.3% | +8.2% | -6.6% | |
| Q1 2020 | -14.6% | -9.1% | -23.4% | |
| Q4 2019 | +0.0% | +1.2% | -9.0% | |
| Q3 2019 | -0.4% | +3.0% | +0.5% | |
| Q2 2019 | +2.8% | -0.6% | +8.3% | |
| Q1 2019 | +6.9% | +5.3% | +4.2% | |
| Q4 2018 | -6.4% | -2.7% | +7.7% | |
| Q3 2018 | +8.9% | +8.5% | -10.1% | |
| Q2 2018 | +2.1% | -1.4% | +1.6% | |
| Q1 2018 | +0.6% | +5.5% | +17.6% | |
| Q4 2017 | +5.6% | +6.8% | +5.9% | |
| Q3 2017 | -5.0% | -1.3% | -7.3% | |
| Q2 2017 | -7.4% | -3.2% | -3.5% | |
| Q1 2017 | +0.4% | -0.9% | -13.3% | |
| Q4 2016 | +9.8% | +15.0% | +15.7% | |
| Q3 2016 | -17.0% | -9.8% | -12.5% | |
| Q2 2016 | +5.5% | +5.5% | -7.4% | |
| Q1 2016 | -2.3% | — | — | |
| Q4 2015 | +1.4% | — | — | |
| Q3 2015 | -5.4% | — | — | |
| Q2 2015 | -0.2% | — | — | |
| Q1 2013 | +3.4% | — | — | |
| Q2 2010 | -0.2% | — | — |
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