Performance Shipping Inc. (PSHG)
As-reported financials and SEC filings for Performance Shipping Inc. The latest annual period is FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.
About Performance Shipping Inc.
Performance Shipping Inc. owns and operates a fleet of tanker vessels, including Aframax and LR1 chemical/product oil tankers. The company builds, sells, and charters ships, serving clients in the shipping and maritime transport industry. It manages its vessels through subsidiaries and engages in financing arrangements such as sale and leaseback agreements.
Snapshot
Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
What changed at Performance Shipping
- Revenue fell 3.7% to $84M in FY2025, after a 19.7% decline the year before.
- Operating margin turned positive at 61.7% in FY2025, from a 23.2% operating loss in FY2021.
- Net income rose 14.3% to $50M in FY2025.
Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.
Peer comparison
Where Performance Shipping’s fundamentals sit among the 684 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).
Performance Shipping’s operating margin of 61.7% ranks in the 99th percentile of the 605 Industrials companies reporting it. Performance Shipping’s net margin of 59.4% ranks in the 99th percentile of the 645 Industrials companies reporting it. Performance Shipping’s P/E of 1.9 ranks in the 2nd percentile of the 435 peers with a meaningful P/E.
No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →
Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.
Short interest
Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 2026-08-14 | 430.5K | -2.4% | 13.27 |
| 2026-07-31 | 441.0K | -0.6% | 11.40 |
| 2026-07-15 | 443.5K | -5.5% | 10.00 |
| 2026-06-30 | 469.5K | +0.5% | 10.49 |
| 2026-06-15 | 467.3K | +1.4% | 7.12 |
| 2026-05-29 | 460.8K | -8.3% | 7.87 |
| 2026-05-15 | 502.5K | -0.4% | 8.14 |
| 2026-04-30 | 504.4K | +1.7% | 10.31 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.
Income statement (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $84.2M | $87.4M | $108.9M | $75.2M | $36.5M |
| Gross profit | — | — | — | — | — |
| Operating income | $51.9M | $41.8M | $75.5M | $40.0M | $-8.5M |
| Net income | $50.0M | $43.7M | $69.4M | $36.3M | $-9.7M |
| Diluted EPS | $1.28 | $1.11 | $1.91 | $3.02 | $-1.52 |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Balance sheet (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | $48.2M | $70.3M | $67.3M | $38.7M | $9.6M |
| Current assets | $58.0M | $78.7M | $79.9M | $53.5M | $19.4M |
| Total assets | $559.9M | $330.4M | $296.3M | $293.0M | $144.9M |
| Current liabilities | $26.2M | $14.9M | $15.3M | $26.1M | $15.2M |
| Long-term debt | — | $47.5M | $54.9M | $127.7M | $49.9M |
| Total liabilities | $236.4M | $55.1M | $63.1M | $137.3M | $57.6M |
| Total equity | $323.4M | $275.2M | $233.2M | $155.7M | $87.3M |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Cash flow (as reported)
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Operating cash flow | $50.1M | $59.9M | $68.0M | $33.8M | $-3.1M |
| Capital expenditure | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Company facts
Selected SEC filings
Largest Industrials peers
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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.