Logotype for DHT Holdings Inc

DHT (DHT) investor relations material

DHT Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for DHT Holdings Inc
Q2 2025 earnings summary7 Aug, 2025

Executive summary

  • Q2 2025 net profit was $56.0M ($0.35/share), with adjusted net profit of $38.6M ($0.24/share), aided by a $17.5M vessel sale gain.

  • Adjusted EBITDA reached $69.0M; revenues on TCE basis were $92.8M; shipping revenues totaled $127.9M.

  • Declared $0.24/share dividend for Q2 2025, marking the 62nd consecutive quarterly payout.

  • Fleet comprised 22 VLCCs as of June 30, 2025, with 10 on time charters and 12 in the spot market.

  • Major fleet transactions included the sale of DHT Lotus and DHT Peony for $103M, and acquisition of a 2018-built VLCC for $107M.

Financial highlights

  • Adjusted EBITDA for Q2 2025 was $69.0M; net cash from operations was $83.6M; cash balance at quarter-end was $82.7M.

  • Vessel OpEx was $19.6M; G&A expenses were $4.6M; interest expenses were $4.2M.

  • Net debt as of June 30, 2025, was $220.1M; interest-bearing debt was $302.8M; net debt per vessel was $10M.

  • Q2 2025 EPS was $0.35, up from $0.27 in Q2 2024.

  • Q2 2025 gross margin was 47.2%; adjusted EBITDA margin was approximately 54%.

Outlook and guidance

  • For Q3 2025, 73% of VLCC spot days booked at $38,500/day; 84% of total VLCC days booked at $39,500/day.

  • Spot P&L break-even for Q3 2025 is $20,000/day.

  • Market outlook is positive, supported by aging fleet, limited newbuilds, and shifting trade flows.

  • Key triggers include OPEC production, sanctions, and global economic resilience.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next DHT earnings date

Logotype for DHT Holdings Inc
Q3 202530 Oct, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next DHT earnings date

Logotype for DHT Holdings Inc
Q3 202530 Oct, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

DHT Holdings Inc. is a shipping company focused on the ownership and operation of crude oil tankers. The company primarily owns and manages a fleet of very large crude carriers (VLCCs), which transport oil globally for major energy companies and trading firms. DHT operates its vessels on a mix of spot market charters and long-term contracts, optimizing fleet utilization and revenue generation. DHT Holdings Inc. is headquartered in Hamilton, Bermuda, and its shares are listed on the NYSE.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage