NYSE$ZIM

ZIM Shipping Services Ltd · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

ZIM reported positive net income and increased full-year guidance despite market volatility.

ZIM delivered a profitable Q2 2025 with $24M in net income and raised its full-year guidance, supported by cost efficiency and agile fleet management amid continued market challenges.

Headline financials

Total Revenue

$1.64B

No prior period
EPS (adj)

$0.19

No prior period
Adjusted EBITDA

$472M

No prior period
Adjusted EBITDA Margin

29.0%

No prior period
Carried Volume (TEUs)

895.0K

No prior period
Avg Freight Rate per TEU

$1.48K

No prior period
Net Leverage Ratio

0.8

No prior period
Net Debt

$3.03B

No prior period
Net Income

$23.7M

No prior period
Operating Income

$149M

No prior period
Gross Profit

$221M

No prior period

Revenue & EPS history

ZIM · Revenue · Quarterly

$1.64B

Q2 2025
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

ZIM raised its full-year 2025 guidance for Adjusted EBITDA and EBIT, citing stronger-than-expected Q2 performance and improved cost structure.

Tailwinds

  • Increased full-year Adjusted EBITDA midpoint to $2.0B
  • Improved full-year Adjusted EBIT midpoint to $750M
  • Upscaled fleet with improved cost structure
  • Agile commercial strategy to navigate market changes
  • Sustainable long-term value focus for shareholders

Headwinds

  • Ongoing market disruptions and volatility
  • Decline in average freight rates YoY
  • Lower carried volume compared to Q2 2024
  • Net debt increased from previous quarter
  • Adjusted EBITDA margin compressed from 40% to 29%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

-1.9%

Avg return

Earnings day

+2.0%

Avg return

5 days after

-4.8%

Avg return

30 days after

39%

7 / 18 earnings

Positive

+17.6%

Q4 2022

Best reaction

-20.3%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026———
Q1 2026-1.6%-1.3%-4.4%
Q3 2025+0.1%+16.5%+14.9%
Q2 2025-1.5%-9.1%-7.6%
Q1 2025+5.8%-1.5%-3.3%
Q1 2024-0.8%+9.7%+5.1%
Q4 2023-20.3%-18.2%-13.4%
Q3 2023-6.8%-10.0%+23.6%
Q2 2023-7.8%-6.1%-18.2%
Q1 2023-18.6%-21.3%-29.5%
Q4 2022+17.6%+22.5%+1.4%
Q3 2022-3.0%-7.6%-33.4%
Q2 2022+1.1%+0.0%-42.0%
Q1 2022-2.0%+7.2%-22.5%
Q4 2021+8.6%+16.8%-18.3%
Q3 2021+8.7%+13.8%+1.7%
Q2 2021-1.1%+6.3%+30.5%
Q1 2021+4.9%+4.8%+1.5%
Q4 2020-18.3%+14.2%+27.5%
Q4 2019———
Q4 2018———
Q3 2018———
Q2 2018———
Q1 2018———
Q4 2017———
Q3 2017———
Q2 2017———
Q1 2017———
Q4 2016———
Q3 2016———
Q2 2016———
Q1 2016———
Q4 2015———
Q3 2015———
Q2 2015———
Q1 2015———
Q4 2014———
Q3 2014———
Q2 2014———
Q1 2014———
Q4 2013———
Q3 2013———

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