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DHT Holdings, Inc.

DHTEnergyNASDAQ

Oil & Gas Midstream · Last scanned May 29, 2026

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Financials · Annual
Revenue
$498.4M
-12.8% YoY
Net Income
$211.1M
+16.4% YoY
EBITDA
$331.9M
+2.3% YoY
Free Cash Flow
-$166.3M

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About DHT Holdings, Inc.

Headquartered within the energy sector, DHT Holdings, Inc. focuses on Oil & Gas Midstream services and products. DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, Norway, and India. The $2.63B market capitalization puts DHT squarely in mid-cap range for its industry. The company also offers technical management services.

Key stats
Market Cap$2.63B
P/E (TTM)7.94
Fwd P/E9.40
EPS$2.06
Beta-0.09
52W Change+41.2%
Dividend Yield15.66%
ROE28.9%
Analysis

DHT Holdings, Inc. carries $511.8M in total debt against $126.6M in cash reserves — debt is roughly 4.0x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow is running at -$166.3M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at 28.9%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 13.2% further supports the picture of efficient asset utilization. Revenue has been relatively flat, moving from $454.1M (2022) to $498.4M (2025).

With a beta below 0.7, DHT Holdings, Inc. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence DHT Holdings, Inc.'s trajectory.

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