Industry Statistics
- Companies: 16
- Median P/E: 7.9 (vs. sector 26.1)
- Average ROE: 19.4% (vs. sector 16.3%)
- Average debt/equity: 0.55 (vs. sector 1.15)
- Average dividend yield: 6.3% (vs. sector 1.3%)
- Average net margin: 37.4% (vs. sector 8.5%)
- Total market cap: $75.5B
Cheapest by P/E
- Scorpio Tankers Inc. (STNG) — P/E 5.0
- Danaos Corporation (DAC) — P/E 5.6
- Teekay Tankers Ltd. (TNK) — P/E 6.0
- Navios Maritime Partners L.P. (NMM) — P/E 6.0
- TORM plc (TRMD) — P/E 6.4
Top Dividend Payers
- Frontline Plc (FRO) — 11.7%
- TORM plc (TRMD) — 11.2%
- Okeanis Eco Tankers Corp. (ECO) — 11.1%
- Hafnia Limited (HAFN) — 11.1%
- International Seaways, Inc. (INSW) — 10.9%
Top Companies by Market Cap
- Frontline Plc (FRO) — $10.9B · P/E 7.9
- Kirby Corporation (KEX) — $7.4B · P/E 21.4
- Matson, Inc. (MATX) — $6.8B · P/E 15.4
- Cmb.Tech N.V. (CMBT) — $5.5B · P/E 6.7
- International Seaways, Inc. (INSW) — $5.5B · P/E 7.3
- Hafnia Limited (HAFN) — $5.1B · P/E 7.9
- Scorpio Tankers Inc. (STNG) — $4.2B · P/E 5.0
- TORM plc (TRMD) — $4.0B · P/E 6.4
- BW LPG Limited (BWLP) — $3.9B · P/E 8.8
- DHT Holdings, Inc. (DHT) — $3.8B · P/E 8.1
- ZIM Integrated Shipping Services Ltd. (ZIM) — $3.5B · P/E 25.5
- Star Bulk Carriers Corp. (SBLK) — $3.4B · P/E 12.0
- Teekay Tankers Ltd. (TNK) — $3.4B · P/E 6.0
- Okeanis Eco Tankers Corp. (ECO) — $2.9B · P/E 7.9
- Danaos Corporation (DAC) — $2.8B · P/E 5.6
- Navios Maritime Partners L.P. (NMM) — $2.6B · P/E 6.0
Related industries
- Aerospace & Defense · 47 · $3.49T
- Industrial - Machinery · 47 · $1.29T
- Agricultural - Machinery · 6 · $614.4B
- Railroads · 7 · $521.5B
- Electrical Equipment & Parts · 17 · $513.1B
- Engineering & Construction · 30 · $439.5B
- Specialty Business Services · 17 · $295.0B
- Industrial - Distribution · 18 · $282.1B
- Integrated Freight & Logistics · 9 · $242.3B
- Airlines, Airports & Air Services · 18 · $225.1B
- Waste Management · 6 · $220.2B
- Conglomerates · 7 · $178.2B
Frequently Asked Questions
How many publicly-traded companies are in the Marine Shipping industry?
The Marine Shipping industry has 16 publicly-listed companies in the US and Canadian markets tracked by Kaplio, with a combined market capitalization of $75.5B.
What is the median P/E ratio of Marine Shipping stocks?
The Marine Shipping companies above $2 billion with consistent data trade at a median P/E of 7.9. For comparison, the median of the Industrials sector is 26.1.
What are the largest companies in the Marine Shipping industry?
By market capitalization, the largest Marine Shipping companies tracked by Kaplio are Frontline Plc, Kirby Corporation, Matson, Inc.. The full ranking of the top 25 companies by market cap is available above.
Which Marine Shipping stocks have the highest dividend yield?
Top dividend payers in Marine Shipping include Frontline Plc, TORM plc, Okeanis Eco Tankers Corp., with an industry-average dividend yield of 6.3%.
How profitable are Marine Shipping companies?
Companies in the Marine Shipping industry average a net profit margin of 37.4% and a return on equity (ROE) of 19.4%, based on 16 companies tracked. Average debt-to-equity ratio is 0.55.