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Side-by-side financial comparison of DHT Holdings, Inc. (DHT) and GLOBUS MARITIME LTD (GLBS). Click either name above to swap in a different company.

DHT Holdings, Inc. is the larger business by last-quarter revenue ($107.3M vs $9.5M, roughly 11.3× GLOBUS MARITIME LTD). DHT Holdings, Inc. runs the higher net margin — 41.7% vs -19.6%, a 61.3% gap on every dollar of revenue. On growth, GLOBUS MARITIME LTD posted the faster year-over-year revenue change (0.2% vs -24.5%).

DHT Holdings, Inc. is an independent international crude oil tanker operator that owns and manages a fleet of very large crude carriers. It offers marine transportation services for crude oil across major global trade routes, serving clients including leading oil producers, refineries, and commodity trading enterprises worldwide.

Globus Maritime Ltd is a global shipping enterprise specializing in ownership, operation and chartering of dry bulk cargo vessels. It transports iron ore, coal, grain and other industrial raw materials across major global trade routes, serving clients in logistics, commodities trading and manufacturing sectors worldwide.

DHT vs GLBS — Head-to-Head

Bigger by revenue
DHT
DHT
11.3× larger
DHT
$107.3M
$9.5M
GLBS
Growing faster (revenue YoY)
GLBS
GLBS
+24.7% gap
GLBS
0.2%
-24.5%
DHT
Higher net margin
DHT
DHT
61.3% more per $
DHT
41.7%
-19.6%
GLBS

Income Statement — Q3 2025 vs Q2 2025

Metric
DHT
DHT
GLBS
GLBS
Revenue
$107.3M
$9.5M
Net Profit
$44.8M
$-1.9M
Gross Margin
Operating Margin
44.2%
-4.3%
Net Margin
41.7%
-19.6%
Revenue YoY
-24.5%
0.2%
Net Profit YoY
27.3%
-157.0%
EPS (diluted)
$0.28
$-0.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DHT
DHT
GLBS
GLBS
Q3 25
$107.3M
Q2 25
$9.5M
Q3 24
$142.1M
Q2 24
$9.5M
Q3 23
$131.6M
Q2 23
$7.8M
Q3 22
$109.9M
Q2 22
$19.1M
Net Profit
DHT
DHT
GLBS
GLBS
Q3 25
$44.8M
Q2 25
$-1.9M
Q3 24
$35.2M
Q2 24
$3.3M
Q3 23
$31.0M
Q2 23
$-1.2M
Q3 22
$7.5M
Q2 22
$11.0M
Operating Margin
DHT
DHT
GLBS
GLBS
Q3 25
44.2%
Q2 25
-4.3%
Q3 24
29.7%
Q2 24
39.2%
Q3 23
29.7%
Q2 23
-17.2%
Q3 22
11.1%
Q2 22
57.8%
Net Margin
DHT
DHT
GLBS
GLBS
Q3 25
41.7%
Q2 25
-19.6%
Q3 24
24.8%
Q2 24
34.5%
Q3 23
23.5%
Q2 23
-14.8%
Q3 22
6.8%
Q2 22
57.5%
EPS (diluted)
DHT
DHT
GLBS
GLBS
Q3 25
$0.28
Q2 25
$-0.09
Q3 24
$0.22
Q2 24
$0.16
Q3 23
$0.19
Q2 23
$-0.06
Q3 22
$0.04
Q2 22
$0.53

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DHT
DHT
GLBS
GLBS
Cash + ST InvestmentsLiquidity on hand
$81.3M
$48.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$173.1M
Total Assets
$1.4B
$309.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHT
DHT
GLBS
GLBS
Q3 25
$81.3M
Q2 25
$48.3M
Q3 24
$73.8M
Q2 24
$70.8M
Q3 23
$73.9M
Q2 23
$53.2M
Q3 22
$65.7M
Q2 22
$43.6M
Stockholders' Equity
DHT
DHT
GLBS
GLBS
Q3 25
$1.1B
Q2 25
$173.1M
Q3 24
$1.0B
Q2 24
$178.9M
Q3 23
$1.0B
Q2 23
$172.1M
Q3 22
$1.0B
Q2 22
$169.5M
Total Assets
DHT
DHT
GLBS
GLBS
Q3 25
$1.4B
Q2 25
$309.4M
Q3 24
$1.5B
Q2 24
$256.3M
Q3 23
$1.5B
Q2 23
$217.3M
Q3 22
$1.5B
Q2 22
$206.2M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DHT
DHT
GLBS
GLBS
Operating Cash FlowLast quarter
$60.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.36×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHT
DHT
GLBS
GLBS
Q3 25
$60.9M
Q2 25
Q3 24
$80.1M
Q2 24
Q3 23
$55.7M
Q2 23
Q3 22
$5.5M
Q2 22
Cash Conversion
DHT
DHT
GLBS
GLBS
Q3 25
1.36×
Q2 25
Q3 24
2.28×
Q2 24
Q3 23
1.80×
Q2 23
Q3 22
0.73×
Q2 22

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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