Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Marine and Shipping Industry Analysis

UpdatedJun 23, 2026
DataAggregated Company Financials
Companies35
  • 7D-1.5%
  • 3M5.3%
  • 1Y45.0%
  • YTD27.2%

Over the last 7 days, the Marine and Shipping industry has dropped 1.5%, driven by a pullback from Costamare of 6.6%. This takes the industry's 12 month performance to a gain of 45%. As for the next few years, earnings are expected to grow by 2.2% per annum.

Industry Valuation and Performance

Has the U.S. Marine and Shipping Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Jun 2026US$32.0bUS$22.0bUS$3.0b12.2x10.7x1.5x
Thu, 21 May 2026US$32.8bUS$22.5bUS$3.2b13.1x10.3x1.5x
Sat, 18 Apr 2026US$32.0bUS$22.2bUS$3.2b8.9x10.1x1.4x
Mon, 16 Mar 2026US$28.8bUS$22.2bUS$3.2b8.5x9x1.3x
Wed, 11 Feb 2026US$28.8bUS$24.3bUS$3.5b6.9x8.2x1.2x
Fri, 09 Jan 2026US$27.0bUS$24.2bUS$3.4b6.4x7.9x1.1x
Sun, 07 Dec 2025US$26.0bUS$24.2bUS$3.4b6.3x7.6x1.1x
Tue, 04 Nov 2025US$23.0bUS$25.4bUS$4.6b6.8x5x0.9x
Thu, 02 Oct 2025US$21.6bUS$25.3bUS$4.5b6.4x4.8x0.9x
Sat, 30 Aug 2025US$22.5bUS$25.3bUS$4.5b9.6x5x0.9x
Mon, 28 Jul 2025US$25.6bUS$26.8bUS$5.2b6x4.9x1x
Wed, 25 Jun 2025US$24.1bUS$26.8bUS$5.2b5.3x4.6x0.9x
Fri, 23 May 2025US$23.7bUS$26.8bUS$5.2b5.2x4.5x0.9x
Sun, 20 Apr 2025US$20.8bUS$25.3bUS$5.4b3.8x3.9x0.8x
Tue, 18 Mar 2025US$24.0bUS$25.4bUS$5.5b4.3x4.3x0.9x
Thu, 13 Feb 2025US$25.4bUS$24.2bUS$4.8b4.1x5.3x1x
Sat, 11 Jan 2025US$25.2bUS$24.2bUS$5.0b4x5.1x1x
Mon, 09 Dec 2024US$26.9bUS$24.2bUS$5.0b4.4x5.4x1.1x
Wed, 06 Nov 2024US$28.5bUS$22.4bUS$1.5b4.4x18.7x1.3x
Fri, 04 Oct 2024US$30.6bUS$22.0bUS$1.4b5.7x22.3x1.4x
Sun, 01 Sep 2024US$28.5bUS$22.2bUS$1.4b7.2x20.8x1.3x
Tue, 30 Jul 2024US$28.4bUS$21.4bUS$598.2m7.7x47.5x1.3x
Thu, 27 Jun 2024US$30.2bUS$21.4bUS$604.0m8.3x50x1.4x
Sat, 25 May 2024US$29.5bUS$21.4bUS$621.8m8.4x47.5x1.4x
Mon, 22 Apr 2024US$24.5bUS$20.7bUS$304.0m7.7x80.7x1.2x
Wed, 20 Mar 2024US$23.9bUS$21.1bUS$318.8m8.3x75.1x1.1x
Fri, 16 Feb 2024US$23.5bUS$22.2bUS$940.0m5.9x25x1.1x
Sun, 14 Jan 2024US$22.5bUS$22.3bUS$1.0b5.3x21.7x1x
Tue, 12 Dec 2023US$19.3bUS$22.3bUS$1.0b4.9x18.7x0.9x
Thu, 09 Nov 2023US$18.6bUS$24.7bUS$4.8b3.6x3.9x0.8x
Sat, 07 Oct 2023US$19.9bUS$24.9bUS$5.2b3.3x3.8x0.8x
Mon, 04 Sep 2023US$20.0bUS$25.0bUS$5.3b2.6x3.8x0.8x
Wed, 02 Aug 2023US$21.3bUS$28.1bUS$7.4b2.7x2.9x0.8x
Fri, 30 Jun 2023US$19.7bUS$27.9bUS$7.5b2.5x2.6x0.7x
Price to Earnings Ratio

2.6x


Total Market Cap: US$19.7bTotal Earnings: US$7.5bTotal Revenue: US$27.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Marine and Shipping Industry Price to Earnings3Y Average 16.8x202420252026
Current Industry PE
  • Investors are pessimistic on the American Shipping industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 10.7x which is lower than its 3-year average PE of 16.8x.
  • The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Shipping industry have declined 26% per year over the last three years,
  • Revenues have also declined 7.7% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the U.S. Industrials industry?

US Market-1.82%
Industrials1.73%
Marine and Shipping-1.53%
Marine-1.53%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MATX MatsonUS$196.830.8%
+US$49.9m		76.2%PE13.9x
ZIM ZIM Integrated Shipping ServicesUS$25.271.4%
+US$42.2m		54.1%PE31.1x
SB Safe BulkersUS$7.012.9%
+US$17.5m		88.4%PE15.7x
GLBS Globus MaritimeUS$3.0511.3%
+US$6.7m		136.4%PE79.9x
CMDB Costamare Bulkers HoldingsUS$17.380.5%
+US$2.2m		81.0%PS0.6x

Latest News

GSL
US$38.32
Global Ship Lease
7D
-2.6%
1Y
49.3%
SB
US$7.01
Safe Bulkers
7D
2.9%
1Y
88.4%
DAC
US$127.39
Danaos
7D
-3.0%
1Y
48.2%
SHIP
US$15.14
Seanergy Maritime Holdings
7D
-7.2%
1Y
133.3%
ZIM
US$25.27
ZIM Integrated Shipping Services
7D
1.4%
1Y
54.1%
Narrative Update • Jun 18

ZIM: Competing Cash Bids And CEO Transition Will Drive Future Upside

Analysts have reaffirmed their $35.00 price target for ZIM Integrated Shipping Services, citing updated assumptions that include a slightly lower discount rate, less severe expected revenue contraction, a modestly higher projected profit margin, and a marginally lower future P/E multiple. What’s in the News for ZIM Integrated Shipping Services ZIM Integrated Shipping Services received multiple acquisition proposals, including a US$4.5b offer from Sakal Group and partners at US$37.50 per share with a pledged US$250 million employee bonus and commitments on fleet size and Israeli headquarters, alongside a separate US$4.2b cash offer from Hapag Lloyd at US$35 per share.
CMRE
US$15.25
Costamare
7D
-6.6%
1Y
67.8%
Narrative Update • Jun 17

CMRE: Dividend Increase And Execution Progress Will Support Richer Future P E

Analysts have raised their price target for Costamare stock to $21.00. Recent upgrades cite a modestly lower implied discount rate and slightly revised profit and revenue expectations as the main factors supporting this updated fair value assessment.
CCEC
US$19.86
Capital Clean Energy Carriers
7D
-6.6%
1Y
-16.4%
Narrative Update • Jun 17

CCEC: LNG Expansion And Backlog Growth Will Test Future Cash Generation

Analysts maintained their fair value estimate for Capital Clean Energy Carriers at $20.00 and made small adjustments to assumptions around the discount rate, revenue growth, profit margin and future P/E. This reflects fine tuning of their price target rationale rather than a directional shift.
GLBS
US$3.05
Globus Maritime
7D
11.3%
1Y
136.4%
SBLK
US$26.52
Star Bulk Carriers
7D
-2.0%
1Y
60.2%
MATX
US$196.83
Matson
7D
0.8%
1Y
76.2%
Narrative Update • Jun 13

MATX: China Freight Strength And Fleet Renewal Will Support Future Earnings Power

Analysts have raised their price target on Matson from $213 to $224, citing assumptions for higher revenue growth, stronger profit margins, and a slightly higher future P/E multiple reflected in their updated models. What's in the News Matson reported Q1 2026 revenue of US$757.8 million, which missed analyst estimates and reflected a 3.1% year over year decline, while GAAP EPS of US$1.85 came in 15.1% above consensus, supported by stronger Ocean Transportation operating income.
KEX
US$141.32
Kirby
7D
-0.5%
1Y
23.9%
Seeking Alpha • Jun 11

Kirby Corporation: Time To Lighten Your Shares As Valuation Approaches Its Limit

Summary Kirby Corporation delivered strong Q1 2026 results, with revenue up 7.4% YoY despite oil market volatility. KEX's Distribution and Services segment, especially power generation, is a growing buffer against oil and gas volatility, now comprising 44% of segment revenue. Valuation is nearly fully priced at a 21.98x P/E, with a target price of $148.11 and limited further upside. I downgrade KEX from buy to hold as technicals show emerging selling pressure and the risk-reward balance shifts. Read the full article on Seeking Alpha
CMDB
US$17.38
Costamare Bulkers Holdings
7D
0.5%
1Y
81.0%
Seeking Alpha • Jun 09

Costamare Bulkers: Cleaner Deck, But Still Lacks A Compass

Summary Costamare Bulkers has benefited from surging dry bulk rates, driving improved Q1 results and higher operating income. CMDB’s transfer of its volatile trading portfolio to Cargill simplifies its business model and reduces risk, enhancing visibility. Despite trading at a discount to book value and holding strong liquidity, CMDB lacks a clear capital return or dividend strategy. I remain on the sidelines due to concerns over capital allocation, prioritization of growth over returns, and insufficient investor communication. Read the full article on Seeking Alpha
DSX
US$2.15
Diana Shipping
7D
-10.0%
1Y
35.2%
Narrative Update • Jun 07

DSX: Future Charter Contract Upside Will Drive Bullish Repricing

Analysts have adjusted their price target on Diana Shipping, linking the change to updated assumptions for the discount rate, revenue growth, profit margin, and future P/E, although no specific dollar target was provided. What's in the News Diana Shipping extended the time charter for the Post Panamax vessel m/v Polymnia with Oldendorff Carriers GmbH & Co. KG at a gross rate of US$20,000 per day, compared with the current US$14,000 per day.
EHLD
US$8.07
Euroholdings
7D
0.6%
1Y
5.5%