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

U.S. Marine and Shipping Industry Analysis

UpdatedJun 19, 2026
DataAggregated Company Financials
Companies35
  • 7D-3.2%
  • 3M8.2%
  • 1Y41.2%
  • YTD25.3%

Over the last 7 days, the Marine and Shipping industry has dropped 3.2%, driven by Matson declining 3.9%. In the past year, the industry has gained 41%. As for the next few years, earnings are expected to grow by 2.5% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 19 Jun 2026US$32.2bUS$22.0bUS$3.0b12.1x10.8x1.5x
Sun, 17 May 2026US$32.9bUS$22.5bUS$3.2b12.6x10.3x1.5x
Tue, 14 Apr 2026US$31.3bUS$22.2bUS$3.1b8.2x10x1.4x
Thu, 12 Mar 2026US$30.4bUS$22.2bUS$3.2b8.8x9.5x1.4x
Sat, 07 Feb 2026US$28.0bUS$24.3bUS$3.5b6.7x8.1x1.2x
Mon, 05 Jan 2026US$25.6bUS$24.2bUS$3.4b6x7.5x1.1x
Wed, 03 Dec 2025US$25.5bUS$24.2bUS$3.4b6.4x7.5x1.1x
Fri, 31 Oct 2025US$22.6bUS$25.4bUS$4.5b7x5x0.9x
Sun, 28 Sep 2025US$22.2bUS$25.3bUS$4.6b6.6x4.9x0.9x
Tue, 26 Aug 2025US$22.6bUS$25.3bUS$4.5b9.8x5x0.9x
Thu, 24 Jul 2025US$25.0bUS$26.8bUS$5.3b5.8x4.7x0.9x
Sat, 21 Jun 2025US$24.6bUS$26.8bUS$5.2b5.4x4.7x0.9x
Mon, 19 May 2025US$24.3bUS$26.5bUS$5.1b4.4x4.7x0.9x
Wed, 16 Apr 2025US$21.1bUS$25.3bUS$5.4b3.8x3.9x0.8x
Fri, 14 Mar 2025US$24.1bUS$25.4bUS$5.5b4.3x4.4x0.9x
Sun, 09 Feb 2025US$24.7bUS$24.2bUS$4.9b4.1x5x1x
Tue, 07 Jan 2025US$25.7bUS$24.2bUS$5.0b3.9x5.1x1.1x
Thu, 05 Dec 2024US$27.3bUS$24.2bUS$5.0b4.4x5.5x1.1x
Sat, 02 Nov 2024US$28.5bUS$22.4bUS$1.5b4.8x18.9x1.3x
Mon, 30 Sep 2024US$30.8bUS$22.0bUS$1.4b6x22.5x1.4x
Wed, 28 Aug 2024US$28.4bUS$22.1bUS$1.4b6.2x20.9x1.3x
Fri, 26 Jul 2024US$28.8bUS$21.4bUS$606.3m7.8x47.5x1.3x
Sun, 23 Jun 2024US$29.7bUS$21.4bUS$604.0m8.2x49.1x1.4x
Tue, 21 May 2024US$29.3bUS$21.1bUS$374.3m8.1x78.4x1.4x
Thu, 18 Apr 2024US$24.5bUS$20.7bUS$304.0m7.6x80.5x1.2x
Sat, 16 Mar 2024US$24.0bUS$21.1bUS$315.3m9.7x76.1x1.1x
Mon, 12 Feb 2024US$23.6bUS$22.3bUS$994.0m5.1x23.8x1.1x
Wed, 10 Jan 2024US$22.2bUS$22.3bUS$1.0b5.6x21.5x1x
Fri, 08 Dec 2023US$19.3bUS$22.3bUS$1.0b5x18.5x0.9x
Sun, 05 Nov 2023US$19.0bUS$24.7bUS$4.8b3.2x4x0.8x
Tue, 03 Oct 2023US$19.9bUS$24.9bUS$5.2b3.3x3.8x0.8x
Thu, 31 Aug 2023US$19.9bUS$25.0bUS$5.3b2.6x3.8x0.8x
Sat, 29 Jul 2023US$20.6bUS$28.1bUS$7.4b2.9x2.8x0.7x
Mon, 26 Jun 2023US$19.4bUS$27.9bUS$7.5b2.6x2.6x0.7x
Price to Earnings Ratio

2.6x


Total Market Cap: US$19.4bTotal 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 10.8x 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 Market1.65%
Industrials2.84%
Marine and Shipping-3.19%
Marine-3.19%
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
KEX KirbyUS$140.640.2%
+US$17.1m		24.6%PE20.9x
GLBS Globus MaritimeUS$2.7522.8%
+US$11.0m		123.6%PE72x
ESEA EuroseasUS$68.601.1%
+US$5.4m		50.1%PE3.7x
EDRY EuroDryUS$23.105.3%
+US$3.4m		147.6%PS1.2x
USEA United MaritimeUS$2.661.1%
+US$286.1k		82.2%PS0.7x

Latest News

ZIM
US$24.34
ZIM Integrated Shipping Services
7D
-6.1%
1Y
37.4%
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$15.19
Costamare
7D
-5.2%
1Y
58.7%
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.
NCT
US$3.11
Intercont (Cayman)
7D
4.7%
1Y
-96.2%
CCEC
US$20.03
Capital Clean Energy Carriers
7D
-6.9%
1Y
-14.7%
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.
DAC
US$125.95
Danaos
7D
-3.2%
1Y
43.5%
Narrative Update • Jun 17

DAC: Steady Cash Flows And Margins Will Drive Further Share Upside

Analysts have raised their price target on Danaos stock to $157, citing updated assumptions that include a slightly lower discount rate and refined views on long term revenue growth, profit margins, and future P/E multiples, as reflected in recent research that has taken a more positive view of the company. What’s in the News for Danaos No recent Danaos specific news items were identified in the provided sources.
ESEA
US$68.60
Euroseas
7D
1.1%
1Y
50.1%
Narrative Update • Jun 17

ESEA: Expanded Newbuild Program And Charter Coverage Will Support Future Earnings

Euroseas' analyst price target has been updated from $90 to $91, with analysts citing adjustments to fair value estimates, discount rate assumptions, and forward P/E expectations as key drivers behind the change. Analyst Commentary Bullish analysts covering Euroseas point to the fresh US$91 price target as a signal that their valuation work still supports upside potential relative to prior models, even after updating key assumptions.
GLBS
US$2.75
Globus Maritime
7D
22.8%
1Y
123.6%
SBLK
US$25.81
Star Bulk Carriers
7D
-4.9%
1Y
53.6%
GSL
US$37.89
Global Ship Lease
7D
-2.0%
1Y
41.5%
MATX
US$191.24
Matson
7D
-3.9%
1Y
72.9%
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$140.64
Kirby
7D
0.2%
1Y
24.6%
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
DSX
US$2.10
Diana Shipping
7D
-12.1%
1Y
26.5%
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.
CTRM
US$2.15
Castor Maritime
7D
0.9%
1Y
-9.3%
USEA
US$2.66
United Maritime
7D
1.1%
1Y
82.2%
New Narrative • May 28

Long Haul Iron Ore And Bauxite Exposure Will Drive Future Dry Bulk Upside

Catalysts About United Maritime United Maritime operates a dry bulk shipping fleet focused on Panamax and Capesize vessels. What are the underlying business or industry changes driving this perspective?
EDRY
US$23.10
EuroDry
7D
5.3%
1Y
147.6%
SVRN
US$10.02
OceanPal
7D
1.2%
1Y
-98.6%