DHT Holdings Inc
DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, Norway, and India. The company also offers technical management services. As of March 15, 2025, it had a fleet of 23 very large crude carriers. The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.
DHT Holdings Inc (DHT) - Net Assets
Latest net assets as of December 2025: $1.13 Billion USD
Based on the latest financial reports, DHT Holdings Inc (DHT) has net assets worth $1.13 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.60 Billion) and total liabilities ($469.69 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.13 Billion |
| % of Total Assets | 70.7% |
| Annual Growth Rate | 23.25% |
| 5-Year Change | 8.2% |
| 10-Year Change | 65.44% |
| Growth Volatility | 87.86 |
DHT Holdings Inc - Net Assets Trend (2000–2025)
This chart illustrates how DHT Holdings Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DHT Holdings Inc (2000–2025)
The table below shows the annual net assets of DHT Holdings Inc from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.13 Billion | +8.68% |
| 2024-12-31 | $1.04 Billion | +1.07% |
| 2023-12-31 | $1.03 Billion | -3.90% |
| 2022-12-31 | $1.07 Billion | +2.49% |
| 2021-12-31 | $1.05 Billion | -5.55% |
| 2020-12-31 | $1.11 Billion | +18.93% |
| 2019-12-31 | $932.45 Million | +8.21% |
| 2018-12-31 | $861.67 Million | -6.94% |
| 2017-12-31 | $925.89 Million | +35.16% |
| 2016-12-31 | $685.01 Million | -7.17% |
| 2015-12-31 | $737.89 Million | +9.34% |
| 2014-12-31 | $674.85 Million | +136.99% |
| 2013-12-31 | $284.75 Million | +57.33% |
| 2012-12-31 | $181.00 Million | -12.33% |
| 2011-12-31 | $206.45 Million | +5.15% |
| 2010-12-31 | $196.34 Million | +2.30% |
| 2009-12-31 | $191.92 Million | +29.83% |
| 2008-12-31 | $147.82 Million | +105.67% |
| 2007-12-31 | $71.88 Million | -30.50% |
| 2006-12-31 | $103.42 Million | -11.79% |
| 2005-12-31 | $117.23 Million | -6.06% |
| 2004-12-31 | $124.80 Million | +231.87% |
| 2003-12-31 | $37.60 Million | +348.04% |
| 2002-12-31 | $8.39 Million | -43.06% |
| 2001-12-31 | $14.74 Million | +141.80% |
| 2000-12-31 | $6.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to DHT Holdings Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 9621600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.61 Million | 0.14% |
| Other Comprehensive Income | $498.00K | 0.04% |
| Other Components | $1.23 Billion | 108.30% |
| Total Equity | $1.13 Billion | 100.00% |
DHT Holdings Inc Competitors by Market Cap
The table below lists competitors of DHT Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BOK Financial Corporation
NASDAQ:BOKF
|
$2.32 Billion |
|
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
|
$2.32 Billion |
|
Sai Gon Ha Noi Commercial Joint Stock Bank
VN:SHB
|
$2.32 Billion |
|
Imeik Technology Development Co
SHE:300896
|
$2.32 Billion |
|
Hangzhou Lion Electronics Co Ltd
SHG:605358
|
$2.32 Billion |
|
Gruma S.A.B. de C.V.
MX:GRUMAB
|
$2.31 Billion |
|
Pacific Premier Bancorp Inc
NASDAQ:PPBI
|
$2.31 Billion |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
$2.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DHT Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,038,242,000 to 1,133,186,000, a change of 94,944,000 (9.1%).
- Net income of 211,092,000 contributed positively to equity growth.
- Dividend payments of 118,913,000 reduced retained earnings.
- Other comprehensive income decreased equity by 4,814,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $211.09 Million | +18.63% |
| Dividends Paid | $118.91 Million | -10.49% |
| Other Comprehensive Income | $-4.81 Million | -0.42% |
| Other Changes | $7.58 Million | +0.67% |
| Total Change | $- | 9.14% |
Book Value vs Market Value Analysis
This analysis compares DHT Holdings Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.40x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.93x to 2.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $2.44 | $16.89 | x |
| 2001-12-31 | $5.89 | $16.89 | x |
| 2002-12-31 | $3.36 | $16.89 | x |
| 2003-12-31 | $15.04 | $16.89 | x |
| 2004-12-31 | $49.91 | $16.89 | x |
| 2005-12-31 | $46.88 | $16.89 | x |
| 2006-12-31 | $41.34 | $16.89 | x |
| 2007-12-31 | $28.72 | $16.89 | x |
| 2008-12-31 | $49.20 | $16.89 | x |
| 2009-12-31 | $49.72 | $16.89 | x |
| 2010-12-31 | $48.30 | $16.89 | x |
| 2011-12-31 | $39.47 | $16.89 | x |
| 2012-12-31 | $15.07 | $16.89 | x |
| 2013-12-31 | $16.22 | $16.89 | x |
| 2014-12-31 | $9.22 | $16.89 | x |
| 2015-12-31 | $6.58 | $16.89 | x |
| 2016-12-31 | $7.34 | $16.89 | x |
| 2017-12-31 | $7.43 | $16.89 | x |
| 2018-12-31 | $6.01 | $16.89 | x |
| 2019-12-31 | $5.54 | $16.89 | x |
| 2020-12-31 | $6.52 | $16.89 | x |
| 2021-12-31 | $6.19 | $16.89 | x |
| 2022-12-31 | $6.48 | $16.89 | x |
| 2023-12-31 | $6.33 | $16.89 | x |
| 2024-12-31 | $6.43 | $16.89 | x |
| 2025-12-31 | $7.05 | $16.89 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DHT Holdings Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.63%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 42.46%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.41x
- Recent ROE (18.63%) is above the historical average (16.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 100.31% | 16.71% | 0.12x | 49.37x | $5.51 Million |
| 2001 | 57.29% | 21.74% | 0.12x | 22.46x | $6.97 Million |
| 2002 | -56.75% | -15.01% | 0.09x | 44.42x | $-5.60 Million |
| 2003 | 78.27% | 44.46% | 0.18x | 10.00x | $25.67 Million |
| 2004 | 69.46% | 63.76% | 0.35x | 3.11x | $74.21 Million |
| 2005 | 45.30% | 51.30% | 0.28x | 3.11x | $41.39 Million |
| 2006 | 34.57% | 41.19% | 0.25x | 3.38x | $25.41 Million |
| 2007 | 38.21% | 33.73% | 0.19x | 5.87x | $20.28 Million |
| 2008 | 28.51% | 36.78% | 0.22x | 3.60x | $27.37 Million |
| 2009 | 8.78% | 16.42% | 0.20x | 2.70x | $-2.35 Million |
| 2010 | 3.25% | 7.11% | 0.19x | 2.45x | $-13.26 Million |
| 2011 | -19.51% | -40.22% | 0.20x | 2.44x | $-60.92 Million |
| 2012 | -51.96% | -96.77% | 0.24x | 2.21x | $-112.15 Million |
| 2013 | -1.45% | -4.74% | 0.19x | 1.57x | $-32.60 Million |
| 2014 | 1.91% | 8.55% | 0.11x | 2.04x | $-54.60 Million |
| 2015 | 14.27% | 28.84% | 0.26x | 1.93x | $31.51 Million |
| 2016 | 1.35% | 2.60% | 0.25x | 2.05x | $-59.24 Million |
| 2017 | 0.71% | 1.86% | 0.21x | 1.87x | $-85.99 Million |
| 2018 | -5.45% | -12.48% | 0.20x | 2.16x | $-133.09 Million |
| 2019 | 7.90% | 13.77% | 0.29x | 1.96x | $-19.57 Million |
| 2020 | 24.01% | 38.53% | 0.43x | 1.46x | $155.37 Million |
| 2021 | -1.10% | -3.89% | 0.18x | 1.54x | $-116.25 Million |
| 2022 | 5.76% | 13.55% | 0.30x | 1.41x | $-45.33 Million |
| 2023 | 15.71% | 28.78% | 0.38x | 1.45x | $58.64 Million |
| 2024 | 17.47% | 31.72% | 0.38x | 1.43x | $77.55 Million |
| 2025 | 18.63% | 42.46% | 0.31x | 1.41x | $97.77 Million |
Industry Comparison
This section compares DHT Holdings Inc's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $1,230,397,219
- Average return on equity (ROE) among peers: 2202.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DHT Holdings Inc (DHT) | $1.13 Billion | 100.31% | 0.41x | $2.32 Billion |
| Antero Midstream Partners LP (AM) | $142.86 Million | 0.00% | 0.21x | $7.58 Billion |
| AltaGas Ltd (ATGFF) | $2.83 Billion | 7.11% | 1.57x | $8.06 Billion |
| ATGPF (ATGPF) | $7.86 Billion | 8.56% | 1.98x | $4.11 Billion |
| Avance Gas Holding Ltd (AVACF) | $603.79 Million | 27.09% | 0.91x | $7.70K |
| CBL International Limited Ordinary Shares (BANL) | $12.11 Million | 30.42% | 1.11x | $3.17 Million |
| BP Prudhoe Bay Royalty Trust (BPT) | $863.00K | 22418.66% | 0.16x | $2.99 Million |
| Brooge Holdings Ltd (BROG) | $78.49 Million | 16.31% | 4.83x | $32.39 Million |
| Brooge Energy Limited (BROGW) | $56.77 Million | -85.14% | 7.56x | $5.67K |
| Willow Biosciences Inc (CANSF) | $1.10 Million | -405.25% | 0.17x | $2.85 Million |
| Cool Company Ltd (CLCO) | $715.51 Million | 11.75% | 1.88x | $145.96 Million |