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U.S. Marine and Shipping Industry Analysis

UpdatedJun 15, 2026
DataAggregated Company Financials
Companies35
  • 7D3.0%
  • 3M12.9%
  • 1Y49.6%
  • YTD31.5%

The Marine and Shipping industry is up 3.3% in the last week, with Matson up 7.8%. In the last 12 months, the industry was up 50%. As for the next few years, earnings are expected to grow by 3.5% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 15 Jun 2026US$33.6bUS$22.0bUS$3.0b12.9x11.3x1.5x
Wed, 13 May 2026US$33.3bUS$22.3bUS$3.2b12.4x10.5x1.5x
Fri, 10 Apr 2026US$31.8bUS$22.2bUS$3.1b9x10.1x1.4x
Sun, 08 Mar 2026US$30.1bUS$22.9bUS$3.7b8.6x8.1x1.3x
Tue, 03 Feb 2026US$28.7bUS$24.3bUS$3.5b7x8.3x1.2x
Thu, 01 Jan 2026US$25.5bUS$24.2bUS$3.4b6.1x7.5x1.1x
Sat, 29 Nov 2025US$25.4bUS$24.2bUS$3.4b6.7x7.5x1.1x
Mon, 27 Oct 2025US$21.1bUS$25.3bUS$4.5b7x4.6x0.8x
Wed, 24 Sep 2025US$22.5bUS$25.3bUS$4.5b8.5x4.9x0.9x
Fri, 22 Aug 2025US$22.3bUS$25.6bUS$4.5b9.5x4.9x0.9x
Sun, 20 Jul 2025US$24.8bUS$26.8bUS$5.3b5.6x4.7x0.9x
Tue, 17 Jun 2025US$24.6bUS$26.8bUS$5.2b5.7x4.7x0.9x
Thu, 15 May 2025US$24.1bUS$26.5bUS$5.3b4.3x4.6x0.9x
Sat, 12 Apr 2025US$20.1bUS$25.4bUS$5.5b3.7x3.7x0.8x
Mon, 10 Mar 2025US$24.5bUS$24.4bUS$4.8b4.4x5.1x1x
Wed, 05 Feb 2025US$24.5bUS$24.2bUS$5.0b3.6x4.9x1x
Fri, 03 Jan 2025US$25.1bUS$24.2bUS$5.0b4.3x5x1x
Sun, 01 Dec 2024US$27.8bUS$24.2bUS$5.0b4.4x5.6x1.1x
Tue, 29 Oct 2024US$28.5bUS$22.0bUS$1.4b5x20.8x1.3x
Thu, 26 Sep 2024US$30.5bUS$22.0bUS$1.4b6.1x22.2x1.4x
Sat, 24 Aug 2024US$28.1bUS$22.1bUS$1.4b6.1x20.7x1.3x
Mon, 22 Jul 2024US$28.8bUS$21.4bUS$606.3m7.8x47.5x1.3x
Wed, 19 Jun 2024US$28.9bUS$21.4bUS$604.0m8x47.8x1.3x
Fri, 17 May 2024US$28.7bUS$21.1bUS$330.9m8.2x86.8x1.4x
Sun, 14 Apr 2024US$25.3bUS$20.7bUS$304.0m7.6x83.1x1.2x
Tue, 12 Mar 2024US$24.5bUS$22.1bUS$869.1m8x28.2x1.1x
Thu, 08 Feb 2024US$23.3bUS$22.2bUS$1.1b5.1x20.8x1x
Sat, 06 Jan 2024US$23.1bUS$22.3bUS$1.0b5.8x22.3x1x
Mon, 04 Dec 2023US$20.6bUS$22.3bUS$1.0b5.5x19.8x0.9x
Wed, 01 Nov 2023US$18.5bUS$24.0bUS$5.1b3.1x3.6x0.8x
Fri, 29 Sep 2023US$20.0bUS$24.9bUS$5.2b3.2x3.8x0.8x
Sun, 27 Aug 2023US$19.5bUS$25.1bUS$5.4b2.6x3.6x0.8x
Tue, 25 Jul 2023US$20.2bUS$27.9bUS$7.5b2.5x2.7x0.7x
Thu, 22 Jun 2023US$19.6bUS$27.9bUS$7.5b2.7x2.6x0.7x
Price to Earnings Ratio

2.6x


Total Market Cap: US$19.6bTotal 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 11.3x 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 7.6% 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 Market0.50%
Industrials1.35%
Marine and Shipping3.02%
Marine3.02%
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$201.945.1%
+US$294.2m		80.5%PE14.2x
KEX KirbyUS$143.421.3%
+US$95.8m		26.8%PE21.3x
ZIM ZIM Integrated Shipping ServicesUS$26.232.6%
+US$80.7m		45.6%PE32.3x
GSL Global Ship LeaseUS$40.075.9%
+US$80.4m		53.3%PE3.8x
CMRE CostamareUS$16.603.8%
+US$73.7m		79.3%PE5.9x

Latest News

SBLK
US$27.15
Star Bulk Carriers
7D
1.6%
1Y
59.5%
GSL
US$40.07
Global Ship Lease
7D
5.9%
1Y
53.3%
MATX
US$201.94
Matson
7D
5.1%
1Y
80.5%
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$143.42
Kirby
7D
1.3%
1Y
26.8%
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
CMRE
US$16.60
Costamare
7D
3.8%
1Y
79.3%
Seeking Alpha • Jun 11

Costamare: The Business Has Improved, The Relative Case Has Not

Summary Costamare has surged over 70% since my last update on strong containership charter rates but remains less attractive than peers. CMRE boasts highly predictable revenues, with 97% and 94% of the fleet fixed for 2026 and 2027, and $6.2 billion in contracted revenues. Despite long-term charters and a sizable newbuild program, CMRE’s higher leverage and lower dividend yield weaken its relative appeal. I remain neutral on CMRE due to its capital allocation focus on expansion over shareholder returns, especially compared to DAC and ESEA. Read the full article on Seeking Alpha
ZIM
US$26.23
ZIM Integrated Shipping Services
7D
2.6%
1Y
45.6%
CCEC
US$21.36
Capital Clean Energy Carriers
7D
-2.2%
1Y
2.5%
SB
US$6.90
Safe Bulkers
7D
6.2%
1Y
77.8%
EHLD
US$8.43
Euroholdings
7D
-3.7%
1Y
25.8%
DAC
US$131.30
Danaos
7D
1.5%
1Y
52.4%
Narrative Update • Jun 02

DAC: Cash Flow Visibility And Higher Margins Will Support Future Upside

Narrative update: Analyst target moves higher on improved earnings profile The analyst fair value estimate for Danaos has shifted from $147 to $157. Analysts point to expectations for steadier revenue growth, a higher profit margin and a lower assumed future P/E multiple as key drivers of the updated target.
PSHG
US$1.78
Performance Shipping
7D
-1.1%
1Y
-3.3%
LSH
US$0.56
Lakeside Holding
7D
-8.7%
1Y
-40.6%
RBNE
US$0.79
Robin Energy
7D
-25.9%
1Y
-97.1%
SVRN
US$9.90
OceanPal
7D
-12.0%
1Y
-99.1%
NCT
US$2.91
Intercont (Cayman)
7D
-26.1%
1Y
-96.6%
ICON
US$0.93
Icon Energy
7D
-14.2%
1Y
-91.9%