DHT Holdings, Inc. (DHT) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 98.74M | 72.97M | 60.89M | 83.58M | 59.21M | 65.79M | 80.14M | 82.86M | 69.87M | 42.27M | 55.72M | 86.97M | 66.45M | 90.26M | 5.48M | 26.32M | 5.72M | 18.9M | -3.13M | 33.93M |
| Operating CF Margin % | 52.95% | 50.7% | 56.73% | 65.13% | 49.94% | 50.07% | 56.4% | 54.79% | 47.52% | 29.7% | 42.35% | 56.82% | 50.13% | 53.76% | 4.98% | 26.34% | 7.49% | 22.55% | -5.3% | 51.45% |
| Operating CF Growth % | 66.75% | 10.92% | -24.02% | 0.87% | -15.25% | 55.64% | 43.83% | -4.72% | 5.13% | -53.17% | 917.03% | 230.44% | 1062% | 377.54% | 274.82% | -22.43% | -47.39% | -76.77% | -102.39% | -81.82% |
| Net Income | 164.53M | 66.07M | 44.8M | 56.03M | 44.05M | 54.94M | 35.19M | 44.35M | 47.07M | 35.36M | 30.97M | 57.06M | 38.04M | 62.02M | 7.46M | 9.96M | -17.26M | -2.9M | -21.04M | 803K |
| Depreciation & Amortization | 25.65M | 26.99M | 25.97M | 26.14M | 27.27M | 28.25M | 28.14M | 27.88M | 28.25M | 28.48M | 28.33M | 27.1M | 25.73M | 27.69M | 30.2M | 32.32M | 33.05M | 32.75M | 31.73M | 32.99M |
| Stock-Based Compensation | 989K | 0 | 0 | 1.21M | 1.85M | 1.39M | 903K | 1M | 991K | 650K | 716K | 976K | 891K | 0 | 575K | 896K | 0 | 783K | 0 | 892K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -76.38M | -1K | 0 | 0 | 0 | 0 | 0 | 0 | -4.75M | 0 | 0 |
| Other Non-Cash Items | -62.59M | 1.02M | -14.22M | -16.35M | -19.12M | -25.33M | 594K | 813K | 715K | 77.06M | 663K | 10.02M | 588K | 259K | -8.7M | -16.73M | -5.52M | 640K | -2.73M | -12.65M |
| Working Capital Changes | -29.83M | -21.11M | 4.34M | 16.55M | 5.17M | 6.53M | 15.32M | 8.81M | -7.16M | -22.89M | -4.95M | -8.18M | 1.21M | 283K | -24.05M | -119K | -4.55M | -7.63M | -11.1M | 11.89M |
| Change in Receivables | -30.42M | -19.73M | 6.15M | 10.65M | 2.52M | 4.84M | 11.8M | 10.21M | -4.71M | -20.16M | 1.15M | -1.82M | 4.45M | -9.03M | -25.2M | -1.45M | 6.98M | -301K | -316K | 12.76M |
| Change in Inventory | -5.56M | -1.18M | 7.18M | 2.35M | 4.66M | -4.39M | 3.51M | 625K | -3.63M | 3.98M | -3.42M | -6.7M | 5.41M | 3.28M | 5.92M | -6.51M | -2.36M | -3.97M | -8.84M | -1.3M |
| Change in Payables | 0 | -1.41M | -5.75M | 0 | -5.05M | 0 | 409K | -1.63M | 0 | -2.59M | -2.21M | 0 | 0 | 4.07M | 0 | 12.05M | -5.66M | 1.51M | -1.34M | 0 |
| Cash from Investing | -61.98M | -205.67M | 11.51M | 11.06M | 16.68M | -12.99M | -27.89M | -52.27M | -3.88M | 1.05M | -93.03M | -18.14M | -11.61M | -1.64M | 34.6M | 79.9M | -2.34M | -13.13M | 27.64M | 40.11M |
| Capital Expenditures | -162.99M | -205.67M | -38.58M | -39.88M | -25.81M | -12.99M | -27.89M | -52.27M | -3.88M | -2.2M | -93.03M | -18.14M | -14.86M | -871K | -2.38M | -4.55M | -2.34M | -14.16M | -1.94M | -17.37M |
| CapEx % of Revenue | 87.4% | 142.89% | 35.94% | 31.08% | 21.77% | 9.89% | 19.63% | 34.56% | 2.64% | 1.55% | 70.71% | 11.85% | 11.21% | 0.52% | 2.17% | 4.55% | 3.07% | 16.89% | 3.29% | 26.34% |
| Acquisitions | 0 | 0 | 50.09M | 44.81M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -769K | 0 | 8.27M | 0 | -1K | 29.59M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 101.01M | 1K | -1K | 6.13M | 42.49M | 0 | 0 | -1K | 0 | 3.26M | 0 | 0 | -1K | 0 | 36.99M | 76.18M | -1K | 1.03M | 0 | 57.48M |
| Cash from Financing | 10.53M | 130.51M | -73.76M | -92.66M | -73.59M | -47.91M | -51.57M | -30.96M | -67.46M | -42.79M | -19.33M | -55.59M | -63.31M | -29.04M | -79.84M | -59.06M | -5.41M | -9.6M | -12.27M | -75.77M |
| Debt Issued (Net) | 76.56M | 159.79M | -34.8M | -62.43M | -46.31M | 805K | -7.98M | 16.16M | -31.96M | -8.95M | 47.27M | -8.85M | -1.37M | -26.18M | -64.51M | -39.57M | -1.93M | -3.29M | -2.03M | -46.47M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | -13.2M | 0 | 0 | 0 | 0 | -9.94M | -8.87M | 0 | 1K | -8.82M | -15.93M | 0 | -2.97M | -6.74M | -22.47M |
| Dividends Paid | -66.03M | -28.94M | -38.59M | -24.09M | -27.29M | -35.52M | -43.59M | -46.79M | -35.49M | -30.59M | -56.66M | -37.49M | -61.94M | -6.51M | -6.51M | -3.34M | -3.33M | -3.33M | -3.35M | -6.84M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -13.2M | 0 | 0 | 0 | 0 | -9.94M | -8.87M | 0 | 1K | -8.82M | -15.93M | 0 | -2.97M | -6.74M | -22.47M |
| Other Financing | 0 | -338K | -365K | -6.13M | 0 | 1K | 0 | -340K | 0 | -3.26M | 1K | -383K | 1K | 3.65M | 0 | -222K | -153K | -1K | -154K | 1K |
| Net Change in Cash | 47.21M | -2.22M | -1.41M | 2.15M | 2.37M | 4.31M | 1.19M | -434K | -1.66M | 818K | -56.73M | 13.1M | -8.4M | 60.24M | -40.07M | 47.15M | -2.03M | -3.82M | 12.24M | -1.74M |
| Free Cash Flow | -64.25M | -132.7M | 22.31M | 43.7M | 33.4M | 52.79M | 52.25M | 30.59M | 65.99M | 40.06M | -37.31M | 68.83M | 51.59M | 89.39M | 3.09M | 21.77M | 3.38M | 4.74M | -5.08M | 16.56M |
| FCF Margin % | -34.45% | -92.2% | 20.79% | 34.06% | 28.17% | 40.18% | 36.77% | 20.22% | 44.88% | 28.16% | -28.36% | 44.97% | 38.92% | 53.24% | 2.81% | 21.79% | 4.42% | 5.66% | -8.59% | 25.11% |
| FCF Growth % | -292.37% | -351.36% | -57.3% | 42.87% | -49.39% | 31.77% | 240.05% | -55.56% | 27.91% | -55.18% | -1305.85% | 216.14% | 1428.17% | 1784.23% | 160.95% | 31.47% | 102.59% | -93.22% | -103.97% | -90.64% |
| FCF per Share | -0.40 | -0.82 | 0.14 | 0.27 | 0.21 | 0.33 | 0.32 | 0.19 | 0.41 | 0.25 | -0.23 | 0.42 | 0.32 | 0.55 | 0.02 | 0.13 | 0.02 | 0.03 | -0.03 | 0.10 |
| FCF Conversion (FCF/Net Income) | 0.60x | 1.10x | 1.36x | 1.49x | 1.34x | 1.20x | 2.28x | 1.87x | 1.49x | 1.20x | 1.81x | 1.52x | 1.74x | 1.46x | 0.78x | 2.71x | -0.33x | -6.52x | 0.15x | 42.25x |
| Interest Paid | 5.65M | 0 | 0 | 6.15M | 5.83M | 7.87M | 7.5M | 0 | 7.62M | 0 | 0 | 7.71M | 5.53M | 0 | 5.15M | 0 | 0 | 0 | 0 | 6.77M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |