Diana Shipping Inc. (DSX) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
Loading revenue history...
DSX Revenue Growth
DSX Revenue Analysis (2013–2024)
As of May 8, 2026, Diana Shipping Inc. (DSX) generated trailing twelve-month (TTM) revenue of $218.6 million, reflecting moderate decline in growth of -9.8% year-over-year. The most recent quarter (Q3 2025) recorded $51.9 million in revenue, down 5.2% sequentially.
Looking at the longer-term picture, DSX's 5-year compound annual growth rate (CAGR) stands at +0.7%, indicating moderate growth over time. The company achieved its highest annual revenue of $290.0 million in 2022.
When compared to Industrials sector peers including SBLK (-17.6% YoY), GNK (+30336.5% YoY), and SB (-13.7% YoY), DSX has underperformed the peer group in terms of revenue growth. Compare DSX vs SBLK →
DSX Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| DSXCurrent | $219M | -9.8% | +0.7% | 25.8% | |
 SBLK | $1.0B | -17.6% | +8.5% | 13.5% | |
 GNK | $342M | +30336.5% | -0.8% | 2.7% | |
 SB | $308M | -13.7% | +9.2% | 36.4% | |
 NMM | $1.3B | -1.3% | +43.5% | 33.6% | |
 CMRE | $878M | -38.7% | +13.8% | 51.7% |
DSX Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $228.2M | -12.9% | $132.0M | 57.8% | $58.8M | 25.8% |
| 2023 | $262.1M | -9.6% | $113.2M | 43.2% | $85.7M | 32.7% |
| 2022 | $290.0M | +35.4% | $167.7M | 57.8% | $142.7M | 49.2% |
| 2021 | $214.2M | +26.2% | $93.4M | 43.6% | $63.5M | 29.7% |
| 2020 | $169.7M | -23.1% | $27.4M | 16.1% | $-7,425,000 | -4.4% |
| 2019 | $220.7M | -2.4% | $67.7M | 30.7% | $-9,849,000 | -4.5% |
| 2018 | $226.2M | +39.7% | $71.1M | 31.4% | $-3,672,000 | -1.6% |
| 2017 | $161.9M | +41.7% | $-24,081,000 | -14.9% | $-483,987,000 | -298.9% |
| 2016 | $114.3M | -27.6% | $-67,100,000 | -58.7% | $-88,321,000 | -77.3% |
| 2015 | $157.7M | -10.2% | $-22,421,000 | -14.2% | $-47,177,000 | -29.9% |
See DSX's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs DSX Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare DSX vs SPIR
Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..
Start ComparisonDSX — Frequently Asked Questions
Quick answers to the most common questions about buying DSX stock.
Is DSX's revenue growth accelerating or slowing?
DSX revenue declined -9.8% year-over-year, contrasting with the 5-year CAGR of +0.7%. TTM revenue fell to $219M. This reverses the prior growth trend.
What is DSX's long-term revenue growth rate?
Diana Shipping Inc.'s 5-year revenue CAGR of +0.7% reflects the variable expansion pattern. Current YoY growth of -9.8% is below this long-term average.
How is DSX's revenue distributed by segment?
DSX reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.