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Side-by-side financial comparison of Performance Shipping Inc. (PSHG) and OceanPal Inc. (SVRN). Click either name above to swap in a different company.

Performance Shipping Inc. is the larger business by last-quarter revenue ($39.5M vs $13.3M, roughly 3.0× OceanPal Inc.). Performance Shipping Inc. runs the higher net margin — 97.5% vs -62.9%, a 160.4% gap on every dollar of revenue.

Azerbaijan Caspian Shipping Closed Joint-Stock Company is a state-owned Azerbaijani shipping company. It is also known by its Russian-derived abbreviation CASPAR.

Ocean Software Limited was a British software development company that became one of the biggest European video game developers and publishers of the 1980s and 1990s.

PSHG vs SVRN — Head-to-Head

Bigger by revenue
PSHG
PSHG
3.0× larger
PSHG
$39.5M
$13.3M
SVRN
Higher net margin
PSHG
PSHG
160.4% more per $
PSHG
97.5%
-62.9%
SVRN

Income Statement — Q2 FY2025 vs Q4 FY2024

Metric
PSHG
PSHG
SVRN
SVRN
Revenue
$39.5M
$13.3M
Net Profit
$38.5M
$-8.4M
Gross Margin
Operating Margin
93.3%
-62.3%
Net Margin
97.5%
-62.9%
Revenue YoY
-7.9%
Net Profit YoY
78.1%
EPS (diluted)
$1.00
$32.11

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
PSHG
PSHG
SVRN
SVRN
Q2 25
$39.5M
Q4 24
$13.3M
Q2 24
$42.9M
Net Profit
PSHG
PSHG
SVRN
SVRN
Q2 25
$38.5M
Q4 24
$-8.4M
Q2 24
$21.6M
Operating Margin
PSHG
PSHG
SVRN
SVRN
Q2 25
93.3%
Q4 24
-62.3%
Q2 24
49.1%
Net Margin
PSHG
PSHG
SVRN
SVRN
Q2 25
97.5%
Q4 24
-62.9%
Q2 24
50.4%
EPS (diluted)
PSHG
PSHG
SVRN
SVRN
Q2 25
$1.00
Q4 24
$32.11
Q2 24
$0.55

Balance Sheet & Financial Strength

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

Metric
PSHG
PSHG
SVRN
SVRN
Cash + ST InvestmentsLiquidity on hand
$95.8M
$7.2M
Total DebtLower is stronger
$43.7M
Stockholders' EquityBook value
$312.8M
$84.4M
Total Assets
$363.8M
$89.5M
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PSHG
PSHG
SVRN
SVRN
Q2 25
$95.8M
Q4 24
$7.2M
Q2 24
$61.7M
Total Debt
PSHG
PSHG
SVRN
SVRN
Q2 25
$43.7M
Q4 24
Q2 24
$51.2M
Stockholders' Equity
PSHG
PSHG
SVRN
SVRN
Q2 25
$312.8M
Q4 24
$84.4M
Q2 24
$254.0M
Total Assets
PSHG
PSHG
SVRN
SVRN
Q2 25
$363.8M
Q4 24
$89.5M
Q2 24
$310.5M
Debt / Equity
PSHG
PSHG
SVRN
SVRN
Q2 25
0.14×
Q4 24
Q2 24
0.20×

Cash Flow & Capital Efficiency

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

Metric
PSHG
PSHG
SVRN
SVRN
Operating Cash FlowLast quarter
$26.8M
$-3.5M
Free Cash FlowOCF − Capex
$-22.4M
FCF MarginFCF / Revenue
-169.0%
Capex IntensityCapex / Revenue
142.4%
Cash ConversionOCF / Net Profit
0.70×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PSHG
PSHG
SVRN
SVRN
Q2 25
$26.8M
Q4 24
$-3.5M
Q2 24
$31.7M
Free Cash Flow
PSHG
PSHG
SVRN
SVRN
Q2 25
Q4 24
$-22.4M
Q2 24
FCF Margin
PSHG
PSHG
SVRN
SVRN
Q2 25
Q4 24
-169.0%
Q2 24
Capex Intensity
PSHG
PSHG
SVRN
SVRN
Q2 25
Q4 24
142.4%
Q2 24
0.0%
Cash Conversion
PSHG
PSHG
SVRN
SVRN
Q2 25
0.70×
Q4 24
Q2 24
1.47×

Financial Flow Comparison

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

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