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Side-by-side financial comparison of Himalaya Shipping Ltd. (HSHP) and WESTWOOD HOLDINGS GROUP INC (WHG). Click either name above to swap in a different company.

Himalaya Shipping Ltd. is the larger business by last-quarter revenue ($29.9M vs $25.0M, roughly 1.2× WESTWOOD HOLDINGS GROUP INC). Himalaya Shipping Ltd. runs the higher net margin — 3.7% vs 3.1%, a 0.5% gap on every dollar of revenue. On growth, WESTWOOD HOLDINGS GROUP INC posted the faster year-over-year revenue change (7.4% vs -4.2%).

Himalaya Shipping Ltd. is a global maritime transportation enterprise focused on dry bulk shipping operations. It operates a fleet of modern, fuel-efficient bulk carriers that transport key commodities including iron ore, coal, grain and other bulk raw materials, serving core trade routes across Asia, Europe, and the Americas to support global industrial and agricultural supply chain flows.

Westwood Studios, Inc. was an American video game developer based in Las Vegas, Nevada. It was founded by Brett Sperry and Louis Castle in 1985 as Brelous Software, but got changed after 2 months into Westwood Associates and was renamed to Westwood Studios when Virgin Games bought the company in 1992. The company was bought by Electronic Arts alongside Virgin Interactive's North American operations in 1998. In January 2003, it was announced that Westwood, alongside Westwood Pacific, would be ...

HSHP vs WHG — Head-to-Head

Bigger by revenue
HSHP
HSHP
1.2× larger
HSHP
$29.9M
$25.0M
WHG
Growing faster (revenue YoY)
WHG
WHG
+11.5% gap
WHG
7.4%
-4.2%
HSHP
Higher net margin
HSHP
HSHP
0.5% more per $
HSHP
3.7%
3.1%
WHG

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
HSHP
HSHP
WHG
WHG
Revenue
$29.9M
$25.0M
Net Profit
$1.1M
$782.0K
Gross Margin
76.3%
Operating Margin
45.5%
Net Margin
3.7%
3.1%
Revenue YoY
-4.2%
7.4%
Net Profit YoY
-84.1%
EPS (diluted)
$0.02
$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
HSHP
HSHP
WHG
WHG
Q1 26
$25.0M
Q4 25
$27.1M
Q3 25
$24.3M
Q2 25
$29.9M
$23.1M
Q1 25
$23.3M
Q4 24
$46.5M
Q3 24
$23.7M
Q2 24
$31.2M
$22.7M
Net Profit
HSHP
HSHP
WHG
WHG
Q1 26
$782.0K
Q4 25
$1.8M
Q3 25
$3.7M
Q2 25
$1.1M
$1.0M
Q1 25
$478.0K
Q4 24
$3.7M
Q3 24
$-1.2M
Q2 24
$6.9M
$-378.0K
Gross Margin
HSHP
HSHP
WHG
WHG
Q1 26
Q4 25
Q3 25
Q2 25
76.3%
Q1 25
Q4 24
Q3 24
Q2 24
82.1%
Operating Margin
HSHP
HSHP
WHG
WHG
Q1 26
Q4 25
8.0%
Q3 25
8.3%
Q2 25
45.5%
3.8%
Q1 25
-0.3%
Q4 24
10.0%
Q3 24
-2.1%
Q2 24
56.1%
-18.4%
Net Margin
HSHP
HSHP
WHG
WHG
Q1 26
3.1%
Q4 25
6.8%
Q3 25
15.4%
Q2 25
3.7%
4.5%
Q1 25
2.1%
Q4 24
14.5%
Q3 24
-5.0%
Q2 24
22.1%
-1.7%
EPS (diluted)
HSHP
HSHP
WHG
WHG
Q1 26
$0.09
Q4 25
$0.21
Q3 25
$0.41
Q2 25
$0.02
$0.12
Q1 25
$0.05
Q4 24
$0.45
Q3 24
$-0.15
Q2 24
$0.16
$-0.05

Balance Sheet & Financial Strength

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

Metric
HSHP
HSHP
WHG
WHG
Cash + ST InvestmentsLiquidity on hand
$24.7M
$23.4M
Total DebtLower is stronger
$701.3M
Stockholders' EquityBook value
$159.3M
$126.1M
Total Assets
$871.9M
$150.4M
Debt / EquityLower = less leverage
4.40×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HSHP
HSHP
WHG
WHG
Q1 26
$23.4M
Q4 25
$47.7M
Q3 25
$41.3M
Q2 25
$24.7M
$35.2M
Q1 25
$29.1M
Q4 24
$46.5M
Q3 24
$48.3M
Q2 24
$21.9M
$44.1M
Total Debt
HSHP
HSHP
WHG
WHG
Q1 26
Q4 25
Q3 25
Q2 25
$701.3M
Q1 25
Q4 24
Q3 24
Q2 24
$725.5M
Stockholders' Equity
HSHP
HSHP
WHG
WHG
Q1 26
$126.1M
Q4 25
$125.6M
Q3 25
$123.9M
Q2 25
$159.3M
$122.4M
Q1 25
$121.4M
Q4 24
$120.3M
Q3 24
$120.4M
Q2 24
$157.2M
$120.5M
Total Assets
HSHP
HSHP
WHG
WHG
Q1 26
$150.4M
Q4 25
$162.3M
Q3 25
$154.0M
Q2 25
$871.9M
$146.3M
Q1 25
$135.0M
Q4 24
$150.0M
Q3 24
$151.5M
Q2 24
$897.3M
$147.4M
Debt / Equity
HSHP
HSHP
WHG
WHG
Q1 26
Q4 25
Q3 25
Q2 25
4.40×
Q1 25
Q4 24
Q3 24
Q2 24
4.61×

Cash Flow & Capital Efficiency

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

Metric
HSHP
HSHP
WHG
WHG
Operating Cash FlowLast quarter
$8.3M
$-2.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
7.55×
-3.28×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HSHP
HSHP
WHG
WHG
Q1 26
$-2.6M
Q4 25
$18.9M
Q3 25
$8.5M
Q2 25
$8.3M
$7.3M
Q1 25
$-4.9M
Q4 24
$21.1M
Q3 24
$529.0K
Q2 24
$17.6M
$3.6M
Free Cash Flow
HSHP
HSHP
WHG
WHG
Q1 26
Q4 25
$18.8M
Q3 25
$8.5M
Q2 25
Q1 25
$-4.9M
Q4 24
$21.0M
Q3 24
$519.0K
Q2 24
$3.5M
FCF Margin
HSHP
HSHP
WHG
WHG
Q1 26
Q4 25
69.5%
Q3 25
34.8%
Q2 25
Q1 25
-21.1%
Q4 24
45.2%
Q3 24
2.2%
Q2 24
15.6%
Capex Intensity
HSHP
HSHP
WHG
WHG
Q1 26
Q4 25
0.3%
Q3 25
0.3%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.2%
Q3 24
0.0%
Q2 24
0.1%
Cash Conversion
HSHP
HSHP
WHG
WHG
Q1 26
-3.28×
Q4 25
10.29×
Q3 25
2.29×
Q2 25
7.55×
7.08×
Q1 25
-10.25×
Q4 24
5.69×
Q3 24
Q2 24
2.55×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HSHP
HSHP

Segment breakdown not available.

WHG
WHG

Asset-based$19.3M77%
Trust fees$5.3M21%

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