DHT Holdings Past Earnings Performance
Past criteria checks 5/6
DHT Holdings has been growing earnings at an average annual rate of 10.8%, while the Oil and Gas industry saw earnings growing at 37.3% annually. Revenues have been declining at an average rate of 1.1% per year. DHT Holdings's return on equity is 15.6%, and it has net margins of 28.8%.
Key information
10.8%
Earnings growth rate
9.0%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | -1.1% |
| Return on equity | 15.6% |
| Net Margin | 28.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
We Have Increased Our Stake In DHT Holdings
Apr 08DHT Holdings: Best Balance Between PNAV, LTV, And Fleet Quality; Still Buy Rating
Mar 13Does DHT Holdings (NYSE:DHT) Have A Healthy Balance Sheet?
Mar 06
DHT: Good 2023 Results And Likely Continued Earnings Strength Going Forward
Feb 18DHT Holdings (NYSE:DHT) Shareholders Will Want The ROCE Trajectory To Continue
Feb 04DHT Holdings: Concentrated Fleet, Strong Balance Sheet And Market Tailwinds
Jan 25DHT Holdings Is Cheap In The Short Run But Beware Of Its Long-Term Risks
Jan 17DHT Holdings, Inc.'s (NYSE:DHT) P/S Is On The Mark
Dec 29DHT Holdings: Analysts' Consensus Sets Forward Dividend Yields At 13-15%
Nov 06DHT Holdings (NYSE:DHT) Seems To Use Debt Quite Sensibly
Oct 23DHT Holdings (NYSE:DHT) Might Have The Makings Of A Multi-Bagger
Oct 03Why We Bought DHT Holdings Recently
Sep 12DHT Holdings: Printing Cash At Attractive Valuation
Jul 19Is DHT Holdings (NYSE:DHT) A Risky Investment?
Jul 13DHT Holdings: Riding The Wave Of VLCC Rates
Jun 29DHT Holdings Is Riding Some Volatile Spot Rates In The VLCC Market
May 26DHT Holdings (NYSE:DHT) Is Looking To Continue Growing Its Returns On Capital
May 08DHT Holdings (NYSE:DHT) Has A Pretty Healthy Balance Sheet
Mar 26DHT Holdings goes ex-dividend tomorrow
Feb 15DHT expects Q4 TCE earnings of $56.9k per day
Jan 09Does DHT Holdings (NYSE:DHT) Have A Healthy Balance Sheet?
Dec 14Ride The Energy Bull With TC Energy And DHT Holdings
Oct 07DHT Holdings announces new dividend policy
Sep 08DHT Holdings offloads DHT Edelweiss for $37M
Aug 29DHT Holdings: We Do See A Glimmer Of Hope
Aug 16DHT Holdings (NYSE:DHT) Is Carrying A Fair Bit Of Debt
Aug 03DHT Holdings: Recovery Dependent On VLCC Rates Catching Up
Jul 11Sell Petrobras And Buy DHT For A Rising Inventory And Oil Restocking Environment
Jun 29DHT Holdings: Market Recovery Being Pushed Further Out
May 12The Consensus EPS Estimates For DHT Holdings, Inc. (NYSE:DHT) Just Fell A Lot
May 12We Think DHT Holdings (NYSE:DHT) Has A Fair Chunk Of Debt
Mar 22DHT Holdings: The Best House In A Bad Neighborhood
Feb 13DHT Has A Competitive Advantage With A Strong Balance Sheet And Conservative Management
Nov 21Does DHT Holdings (NYSE:DHT) Have A Healthy Balance Sheet?
Nov 17These Return Metrics Don't Make DHT Holdings (NYSE:DHT) Look Too Strong
Oct 20DHT Holdings: The Patient Shall Be Rewarded
Sep 07Here's Why DHT Holdings (NYSE:DHT) Can Manage Its Debt Responsibly
Aug 06DHT Holdings' (NYSE:DHT) Returns On Capital Are Heading Higher
Jul 13Here's Why I Think DHT Holdings (NYSE:DHT) Is An Interesting Stock
Jun 13DHT Holdings: Delivering Oversized Returns In A Tight Market
Jun 06Revenue & Expenses BreakdownBeta
Revenue & Expenses Breakdown
BetaHow DHT Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 561 | 161 | 17 | 0 |
| 30 Sep 23 | 585 | 188 | 16 | 0 |
| 30 Jun 23 | 583 | 164 | 16 | 0 |
| 31 Mar 23 | 530 | 117 | 15 | 0 |
| 31 Dec 22 | 474 | 62 | 17 | 0 |
| 30 Sep 22 | 405 | -3 | 16 | 0 |
| 30 Jun 22 | 347 | -31 | 17 | 0 |
| 31 Mar 22 | 300 | -40 | 17 | 0 |
| 31 Dec 21 | 311 | -12 | 17 | 0 |
| 30 Sep 21 | 303 | -1 | 19 | 0 |
| 30 Jun 21 | 386 | 71 | 19 | 0 |
| 31 Mar 21 | 566 | 206 | 19 | 0 |
| 31 Dec 20 | 691 | 266 | 18 | 0 |
| 30 Sep 20 | 792 | 335 | 17 | 0 |
| 30 Jun 20 | 754 | 274 | 16 | 0 |
| 31 Mar 20 | 615 | 128 | 15 | 0 |
| 31 Dec 19 | 535 | 74 | 15 | 0 |
| 30 Sep 19 | 482 | 10 | 14 | 0 |
| 30 Jun 19 | 467 | -2 | 14 | 0 |
| 31 Mar 19 | 428 | -20 | 14 | 0 |
| 31 Dec 18 | 376 | -47 | 15 | 0 |
| 30 Sep 18 | 330 | -66 | 14 | 0 |
| 30 Jun 18 | 324 | -50 | 14 | 0 |
| 31 Mar 18 | 343 | -17 | 16 | 0 |
| 31 Dec 17 | 355 | 7 | 17 | 0 |
| 30 Sep 17 | 348 | 32 | 20 | 0 |
| 30 Jun 17 | 328 | -39 | 20 | 0 |
| 31 Mar 17 | 341 | -8 | 19 | 0 |
| 31 Dec 16 | 356 | 9 | 19 | 0 |
| 30 Sep 16 | 366 | 24 | 20 | 0 |
| 30 Jun 16 | 393 | 127 | 20 | 0 |
| 31 Mar 16 | 377 | 114 | 21 | 0 |
| 31 Dec 15 | 365 | 105 | 22 | 0 |
| 30 Sep 15 | 343 | 101 | 21 | 0 |
| 30 Jun 15 | 285 | 67 | 22 | 0 |
| 31 Mar 15 | 222 | 37 | 20 | 0 |
| 31 Dec 14 | 151 | 13 | 18 | 0 |
| 30 Sep 14 | 109 | -4 | 13 | 0 |
| 30 Jun 14 | 92 | -1 | 10 | 0 |
| 31 Mar 14 | 92 | -1 | 9 | 0 |
| 31 Dec 13 | 87 | -4 | 9 | 0 |
| 30 Sep 13 | 77 | -22 | 9 | 0 |
| 30 Jun 13 | 84 | -114 | 9 | 0 |
Quality Earnings: DHT has high quality earnings.
Growing Profit Margin: DHT's current net profit margins (28.8%) are higher than last year (13%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: DHT has become profitable over the past 5 years, growing earnings by 10.8% per year.
Accelerating Growth: DHT's earnings growth over the past year (162.3%) exceeds its 5-year average (10.8% per year).
Earnings vs Industry: DHT earnings growth over the past year (162.3%) exceeded the Oil and Gas industry -23.4%.
Return on Equity
High ROE: DHT's Return on Equity (15.6%) is considered low.