AI-extracted from the 20-F filed 2026-03-19 — FY2025 (year ended December 31, 2025). Every figure is machine-verified against the filing text on SEC EDGAR.
DHT Holdings reported $497.2M shipping revenue in 2025, down 12.4% YoY, with net profit of $211.0M (+16.2% YoY) driven by $52.9M gain on vessel sales and lower interest expenses.
Biggest Revenue Drivers
Shipping revenues$497.2M-12.4% YoY
Decrease attributable to smaller fleet size ($40.1M) and lower revenue per day ($30.4M), partially offset by vessel sales
Biggest Revenue Drivers
Shipping revenues$497.2M-12.4% YoY
Decrease attributable to smaller fleet size ($40.1M) and lower revenue per day ($30.4M), partially offset by vessel sales
Largest Expense Items
Vessel operating expenses$73.0M-7.1% YoY
Reduction related to decreased operating days from fewer vessels
Depreciation and amortization$106.4M-4.9% YoY
Decrease in vessel depreciation and drydocking depreciation due to smaller fleet
General and administrative expenses$19.9M+5.3% YoY
Includes $4.4M non-cash cost for restricted share agreements; increase reflects higher director and officer compensation
Watch Items from the Filing
Five customers represent 73% of 2025 revenue (61% in 2023 and 2024), creating significant customer concentration risk; consolidation among charterers could reduce bargaining power.
All seven secured credit facilities contain value-to-loan covenants requiring charter-free market value ≥135% of borrowings; vessel values remain above carrying amounts but declines could trigger prepayment obligations.
Total debt of $428.7M outstanding; $308.4M undrawn export facility for four newbuilds due 2026; refinancing risk present as Nordea facility matures Jan 2027 and ING facility matures Jan 2029.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Pocas Zambelli Ana LuciaDirectorGrant or award · Jun 18, 2026
Harfjeld Svein MoxnesPresident & CEOGrant or award · Jun 16, 2026
About DHT Holdings, Inc. (DHT): stock profile, AI score and financials
DHT Holdings, Inc. (DHT) stock profile, AI quality score, and SEC EDGAR financial data, a Industrials sector company. 13F Pro's AI-powered ranking engine scores DHT at 69.8/100 on a composite quality score built from its SEC filings, placing it at rank #236 of 2,925 stocks — the top 10% of the AI-ranked universe. DHT scores in the top quartile across profitability (96.1), free cash flow (95.8), balance sheet strength (90.5). Areas of concern include institutional flow (11.0) and revenue scale (38.0), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q4 2025), DHT Holdings, Inc. reports quarterly revenue of $144.2M, net income of $66.1M, an operating margin of 47.4%. Top institutional holders of DHT by reported 13-F value include FMR, BlackRock, DIMENSIONAL FUND ADVISORS, based on the most recent SEC filings. DHT trades on the NYSE exchange and files with the SEC under CIK 1331284. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate DHT daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for DHT Holdings, Inc. directly from SEC EDGAR.