DHT Holdings, Inc. (DHT) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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DHT Revenue Growth
Revenue Breakdown (FY 2025)
DHT's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
DHT Revenue Analysis (2014–2025)
As of May 8, 2026, DHT Holdings, Inc. (DHT) generated trailing twelve-month (TTM) revenue of $566.1 million, reflecting explosive growth of +57.3% year-over-year. The most recent quarter (Q1 2026) recorded $186.5 million in revenue, up 29.6% sequentially.
Looking at the longer-term picture, DHT's 5-year compound annual growth rate (CAGR) stands at -6.4%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $691.0 million in 2020.
Revenue diversification analysis shows DHT's business is primarily driven by Voyage Charter Revenues (71%), and Time Charter Revenues (29%). With over half of revenue concentrated in Voyage Charter Revenues, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including STNG (-2.8% YoY), INSW (-21.5% YoY), and TK (-26.0% YoY), DHT has outperformed the peer group in terms of revenue growth. Compare DHT vs STNG →
DHT Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| DHTCurrent | $566M | +57.3% | -6.4% | 34.2% | |
 STNG | $938M | -2.8% | +0.5% | 33.0% | |
 INSW | $843M | -21.5% | +14.9% | 36.3% | |
 TK | $1.2B | -26.0% | -8.7% | 29.9% | |
 TNK | $952M | -26.3% | +1.4% | 22.6% | |
 NAT | $350M | -16.0% | +2.0% | 22.1% |
DHT Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $497.2M | -13.0% | $189.7M | 38.2% | $169.9M | 34.2% |
| 2024 | $571.8M | +2.0% | $313.6M | 54.8% | $210.6M | 36.8% |
| 2023 | $560.6M | +23.4% | $210.6M | 37.6% | $193.1M | 34.4% |
| 2022 | $454.1M | +53.5% | $71.6M | 15.8% | $74.2M | 16.3% |
| 2021 | $295.9M | -57.2% | $-2,998,000 | -1.0% | $202K | 0.1% |
| 2020 | $691.0M | +29.1% | $344.0M | 49.8% | $313.6M | 45.4% |
| 2019 | $535.1M | +42.3% | $153.7M | 28.7% | $138.9M | 26.0% |
| 2018 | $375.9M | +5.9% | $34.8M | 9.2% | $16.3M | 4.3% |
| 2017 | $355.1M | -0.3% | $72.6M | 20.4% | $43.3M | 12.2% |
| 2016 | $356.0M | -2.5% | $144.5M | 40.6% | $40.5M | 11.4% |
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Start ComparisonDHT — Frequently Asked Questions
Quick answers to the most common questions about buying DHT stock.
Is DHT's revenue growth accelerating or slowing?
DHT revenue is accelerating at +57.3% year-over-year, exceeding the 5-year CAGR of -6.4%. TTM revenue reached $566M. Growth momentum has increased versus prior periods.
What is DHT's long-term revenue growth rate?
DHT Holdings, Inc.'s 5-year revenue CAGR of -6.4% reflects the sustained expansion pattern. Current YoY growth of +57.3% is above this long-term average.
How is DHT's revenue distributed by segment?
DHT reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.