DHT Holdings Full Year 2024 Earnings: EPS Beats Expectations

March 22, 2025

Simply Wall St

DHT Holdings (NYSE:DHT) Full Year 2024 Results

Key Financial Results

Revenue: US$571.8m (up 2.0% from FY 2023).
Net income: US$181.4m (up 12% from FY 2023).
Profit margin: 32% (up from 29% in FY 2023). The increase in margin was primarily driven by lower expenses.
EPS: US$1.12 (up from US$0.99 in FY 2023).

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revenue-and-expenses-breakdown — NYSE:DHT Revenue and Expenses Breakdown March 22nd 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

DHT Holdings EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%.

In the last 12 months, the only revenue segment was Fleet of Crude Oil Tankers contributing US$571.8m. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to US$111.9m (85% of total expenses). Explore how DHT's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Oil and Gas industry in the US.

Performance of the American Oil and Gas industry.

The company's shares are up 1.4% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for DHT Holdings that you should be aware of before investing here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.