Tearsheet

Heidmar Maritime (HMR)

Market Price (10/31/2025): $1.28 | Market Cap: $74.4 Mil
Sector: Industrials | Industry: Marine Transportation

Heidmar Maritime (HMR)

Market Price (10/31/2025): $1.28
Market Cap: $74.4 Mil
Sector: Industrials
Industry: Marine Transportation

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Cash is significant % of market cap Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -15%	Weak multi-year price returns 2Y Excs Rtn is -152%, 3Y Excs Rtn is -164%	Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -29,243, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -0.1%
1			Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -29%
2			High stock price volatility Vol 12M is 124%

0	Cash is significant % of market cap Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -15%
1	Weak multi-year price returns 2Y Excs Rtn is -152%, 3Y Excs Rtn is -164%
2	Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -29,243, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -0.1%
3	Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -29%
4	High stock price volatility Vol 12M is 124%

Market Valuation & Key Metrics

Valuation
Key Metrics

	10/31/25	2024	2023	2022
Share Price CYE	$1.28	$9.95	$9.95	$9.95
Market Cap CYE ($ Mil)	74.4	568.2	578.7	578.7
Total Debt ($ Mil)	0.0	5.1	14.0	22.3
Total Cash ($ Mil)	11.3	20.0	18.9	25.2
Enterprise Value ($ Mil)	63.2	573.3	592.7	601.0
Valuation Ratios
P/S TTM	2.3	19.6	11.6	18.9
P/EBIT TTM	-26.8	148.6	27.1	33.6
P/E TTM	-4.2	296.9	29.1	35.1
Sector Ratios
P/S TTM (Sector)	1.7	1.4	1.4	1.1
P/EBIT TTM (Sector)	11.4	10.1	10.0	8.3
P/E TTM (Sector)	15.5	13.6	14.0	11.2

	10/31/25	2024	2023	2022
Share Price CYE	$1.28	$9.95	$9.95	$9.95
Market Cap CYE ($ Mil)	74.4	568.2	578.7	578.7
Total Debt ($ Mil)	0.0	5.1	14.0	22.3
Total Cash ($ Mil)	11.3	20.0	18.9	25.2
Enterprise Value ($ Mil)	63.2	573.3	592.7	601.0
Valuation Ratios
P/S TTM	2.3	19.6	11.6	18.9
P/EBIT TTM	-26.8	148.6	27.1	33.6
P/E TTM	-4.2	296.9	29.1	35.1
Sector Ratios
P/S TTM (Sector)	1.7	1.4	1.4	1.1
P/EBIT TTM (Sector)	11.4	10.1	10.0	8.3
P/E TTM (Sector)	15.5	13.6	14.0	11.2

	HMR	S&P 500
REVENUE GROWTH	FAIR
Rev LTM ($ Bil)	0.0
Rev Chg Q	�	6.4%
Rev Chg LTM	�	5.4%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	-0.0
CFO LTM ($ Bil)	�
Net Inc LTM ($ Bil)	-0.0
Op Mgn LTM	-0.1%	18.7%
Net Inc Mgn	-56.1%	12.8%
VALUATION	MODERATE
P/S	2.3	3.2
P/E	-4.2	23.6
STABILITY	VERY GOOD
Debt/Equity	0.00	0.21
Cash/Assets	0.16	0.07

HMR Stock

Return (1M):

Factor Drivers of Stock Movement

The -14.1% change in HMR stock from 7/31/2025 to 10/30/2025 was primarily driven by a -1.9% change in the company's Shares Outstanding (Mil).

	7312025	10302025	Change
Stock Price ($)	1.49	1.28	-14.09%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	�	31.86	�
P/S Multiple	�	2.34	�
Shares Outstanding (Mil)	57.10	58.16	-1.86%
Cumulative Contribution			�

LTM = Last Twelve Months as of date shown

The -51.9% change in HMR stock from 5/1/2025 to 10/30/2025 was primarily driven by a -1.9% change in the company's Shares Outstanding (Mil).

	5012025	10302025	Change
Stock Price ($)	2.66	1.28	-51.88%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	�	31.86	�
P/S Multiple	�	2.34	�
Shares Outstanding (Mil)	57.10	58.16	-1.86%
Cumulative Contribution			�

LTM = Last Twelve Months as of date shown

null

null

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
HMR Return	0%	0%	0%	0%	0%	-87%	-87%
Peers Return	0%	53%	7%	10%	117%	-4%	275%
S&P 500 Return	16%	27%	-19%	24%	23%	16%	110%
Monthly Win Rates [3]
HMR Win Rate	0%	0%	0%	0%	0%	11%
Peers Win Rate	28%	37%	42%	43%	42%	59%
S&P 500 Win Rate	58%	75%	42%	67%	75%	67%
Max Drawdowns [4]
HMR Max Drawdown	0%	0%	0%	0%	0%	-89%
Peers Max Drawdown	-34%	-1%	-10%	-17%	-18%	-31%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: GSL, GNK, PANL, CMDB, HTCO.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/30/2025 (YTD)

How Low Can It Go

Unique Key	Event	HMR	S&P 500
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-10.2%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	11.3%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	206 days	1480 days

Compare to GSL, GNK, PANL, CMDB, HTCO

In The Past

Heidmar Maritime's stock fell -10.2% during the 2008 Global Financial Crisis from a high on 8/26/2008. A -10.2% loss requires a 11.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Heidmar Maritime (HMR)

Business Description

Heidmar Maritime Holdings Corp. provides commercial and pool management services to the dry bulk, crude oil, and refined petroleum product tanker markets worldwide. It offers tanker pool and commercial management, dry bulk pool and commercial management, and fuel services. The company also operates a platform to invest in tanker or drybulk vessels offering a range of customized services for the investor, as well as engages in the sale and purchase of second-hand vessels and newbuilds in the tanker and drybulk sectors. In addition, it develops and operates eFleetWatch, a digital platform in the commercial management space, which provides pool partners with access to the data that they require for their own reporting and monitoring of their vessels. The company was founded in 1984 and is based in Piraeus, Greece.

Better Bets than Heidmar Maritime (HMR)

	HMR	Better Performance than HMR
Metric	Value	Industry (Marine Transportation)
Op Mgn LTM	-0.1%	KEX (14.3%), HAFN (18.7%), MATX (16.6%), SBLK (15.0%), BWLP (8.2%)
Total Yield	-24.0%	KEX (5.2%), HAFN (15.8%), MATX (16.2%), SBLK (13.6%), BWLP (23.0%)

	HMR	Better Performance than HMR
Metric	Value	Sector (Industrials)
Op Mgn LTM	-0.1%	GE (20.5%), CAT (18.2%), RTX (10.3%), UBER (9.5%), GEV (3.7%)
Total Yield	-24.0%	GE (2.5%), CAT (4.4%), RTX (4.2%), UBER (6.3%), GEV (1.2%)

	HMR	Better Performance than HMR
Metric	Value	All Other Sectors
Op Mgn LTM	-0.1%	NVDA (58.1%), AAPL (31.9%), MSFT (46.3%), GOOGL (32.2%), AMZN (11.4%)
Total Yield	-24.0%	NVDA (1.8%), AAPL (2.8%), MSFT (3.3%), GOOGL (3.9%), AMZN (3.0%)

		Best Bets In Industrials Sector
	HMR	GATX	VRSK	ADT	CPRT	NDSN	TDG	PCTY	FTV	VRRM	CSL
What You Pay
P/E	-4.2	17.8	32.9	11.7	26.5	28.8	39.3	36.8	28.1	73.3	11.4
P/EBIT	-26.8	8.5	22.5	5.6	24.2	19.5	19.1	27.8	13.7	21.7	12.6
What You Get
Rev Chg Q	�	11.3%	5.9%	6.8%	5.2%	12.1%	9.3%	12.2%	2.3%	16.1%	-0.1%
Rev Chg LTM	�	11.7%	7.3%	6.6%	9.7%	4.5%	12.8%	7.0%	27.9%	8.5%	4.4%
Rev Chg 3Y Avg	�	9.8%	13.4%	2.6%	9.9%	3.6%	18.2%	22.7%	9.4%	9.1%	5.2%
FCF/Rev 3Y Avg	�	38.6%	33.2%	24.1%	23.7%	21.5%	20.8%	20.5%	20.1%	19.0%	18.3%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 16%, alpha of 4.2%, and sharpe of 0.76

Latest Trefis Analyses

	Title	Topic
0	DASHBOARDS
1	Heidmar Maritime Stock Lost 6.7%, Buy Or Wait?	Return

	Title
0	ARTICLES
1	Heidmar Maritime Stock Lost 6.7%, Buy Or Wait?

Trade Ideas

Select past ideas related to HMR. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
FCN_9302025_Dip_Buyer_ValueBuy	09302025	FCN	FTI Consulting	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	4.4%	4.4%	-6.2%
ODFL_9122025_Monopoly_xInd_xCD_Getting_Cheaper	09122025	ODFL	Old Dominion Freight Line	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	-6.0%	-6.0%	-7.3%
EFX_8312025_Monopoly_xInd_xCD_Getting_Cheaper	08312025	EFX	Equifax	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	-12.9%	-12.9%	-12.9%
UHAL_8312025_Monopoly_xInd_xCD_Getting_Cheaper	08312025	UHAL	U-Haul	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	-7.2%	-7.2%	-7.2%
BWXT_8312025_Quality_Momentum_RoomToRun_10%	08312025	BWXT	BWX Technologies	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	31.9%	31.9%	-1.2%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
FCN_9302025_Dip_Buyer_ValueBuy	09302025	FCN	FTI Consulting	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	4.4%	4.4%	-6.2%
ODFL_9122025_Monopoly_xInd_xCD_Getting_Cheaper	09122025	ODFL	Old Dominion Freight Line	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	-6.0%	-6.0%	-7.3%
EFX_8312025_Monopoly_xInd_xCD_Getting_Cheaper	08312025	EFX	Equifax	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	-12.9%	-12.9%	-12.9%
UHAL_8312025_Monopoly_xInd_xCD_Getting_Cheaper	08312025	UHAL	U-Haul	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	-7.2%	-7.2%	-7.2%
BWXT_8312025_Quality_Momentum_RoomToRun_10%	08312025	BWXT	BWX Technologies	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	31.9%	31.9%	-1.2%

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	GH	Guardant Health	27.9%	202.5%
2	GCI	Gannett	27.7%	3.8%
3	FORM	FormFactor	24.2%	34.7%
4	VIAV	Viavi Solutions	22.3%	69.3%
5	GSAT	Globalstar	22.2%	63.5%
6	MTSR	Metsera	22.1%	63729900.0%
7	PRM	Perimeter Solutions	21.1%	102.3%
8	CHRW	C.H. Robinson Worldwide	19.7%	52.6%
9	INSM	Insmed	16.3%	181.3%
10	CAH	Cardinal Health	15.4%	62.8%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	FMC	FMC	-46.5%	-66.6%
2	APLS	Apellis Pharmaceuticals	-31.0%	-35.0%
3	THRY	Thryv	-30.2%	-44.8%
4	SFM	Sprouts Farmers Market	-26.1%	-39.2%
5	IART	Integra Lifesciences	-23.5%	-47.9%
6	ITRI	Itron	-21.1%	0.4%
7	WOLF	Wolfspeed	-18.2%
8	CMG	Chipotle Mexican Grill	-18.2%	-46.1%
9	CI	Cigna	-17.4%	-9.2%
10	EME	EMCOR	-16.6%	43.0%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	INBX	Inhibrx Biosciences	176.8%	409.8%
2	PUMP	ProPetro	71.2%	16.2%
3	RNA	Avidity Biosciences	43.5%	139.6%
4	DYN	Dyne Therapeutics	42.8%	-0.0%
5	GCI	Gannett	39.3%	3.8%
6	FORM	FormFactor	38.3%	34.7%
7	MBX	MBX Biosciences	35.1%	18.2%
8	BBNX	Beta Bionics	33.8%
9	GH	Guardant Health	33.3%	202.5%
10	LUMN	Lumen Technologies	32.7%	94.7%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	PMI	Picard Medical	-75.2%	5106.3%
2	LRN	Stride	-56.1%	-35.8%
3	NTLA	Intellia Therapeutics	-52.6%	5.2%
4	FMC	FMC	-48.7%	-66.6%
5	FI	Fiserv	-47.4%	-68.3%
6	VRNS	Varonis Systems	-43.8%	-21.2%
7	THRY	Thryv	-33.4%	-44.8%
8	NFE	New Fortress Energy	-30.5%	-91.9%
9	AKBA	Akebia Therapeutics	-29.5%	10.5%
10	UAMY	United States Antimony	-28.9%	371.2%

1 Month Top Gainers

#	Ticker	Company	1M Rtn	YTD Rtn
1	PRAX	Praxis Precision Medicines	279.1%	161.2%
2	INBX	Inhibrx Biosciences	131.0%	409.8%
3	PUMP	ProPetro	99.6%	16.2%
4	DYN	Dyne Therapeutics	88.4%	-0.0%
5	VICR	Vicor	85.4%	89.2%
6	CELC	Celcuity	74.6%	503.2%
7	GLUE	Monte Rosa Therapeutics	73.5%	87.5%
8	NVTS	Navitas Semiconductor	72.1%	251.8%
9	LUMN	Lumen Technologies	70.3%	94.7%
10	BALY	Ballys	63.4%	4.1%

1 Month Top Losers

#	Ticker	Company	1M Rtn	YTD Rtn
1	PMI	Picard Medical	-62.9%	5106.3%
2	LRN	Stride	-53.8%	-35.8%
3	FMC	FMC	-51.0%	-66.6%
4	FI	Fiserv	-48.3%	-68.3%
5	NFE	New Fortress Energy	-43.6%	-91.9%
6	VG	Venture Global	-41.7%
7	OGN	Organon	-40.2%	-55.0%
8	VRNS	Varonis Systems	-39.5%	-21.2%
9	ITGR	Integer	-38.5%	-52.2%
10	LENZ	LENZ Therapeutics	-37.9%	5.5%

Recent Active Movers

1 Day Top Gainers

#	Ticker	Company	1D Rtn	YTD Rtn
1	GH	Guardant Health	27.9%	202.5%
2	GCI	Gannett	27.7%	3.8%
3	FORM	FormFactor	24.2%	34.7%
4	VIAV	Viavi Solutions	22.3%	69.3%
5	GSAT	Globalstar	22.2%	63.5%
6	MTSR	Metsera	22.1%	63729900.0%
7	PRM	Perimeter Solutions	21.1%	102.3%
8	CHRW	C.H. Robinson Worldwide	19.7%	52.6%
9	INSM	Insmed	16.3%	181.3%
10	CAH	Cardinal Health	15.4%	62.8%

1 Day Top Losers

#	Ticker	Company	1D Rtn	YTD Rtn
1	FMC	FMC	-46.5%	-66.6%
2	APLS	Apellis Pharmaceuticals	-31.0%	-35.0%
3	THRY	Thryv	-30.2%	-44.8%
4	SFM	Sprouts Farmers Market	-26.1%	-39.2%
5	IART	Integra Lifesciences	-23.5%	-47.9%
6	ITRI	Itron	-21.1%	0.4%
7	WOLF	Wolfspeed	-18.2%
8	CMG	Chipotle Mexican Grill	-18.2%	-46.1%
9	CI	Cigna	-17.4%	-9.2%
10	EME	EMCOR	-16.6%	43.0%

1 Week Top Gainers

#	Ticker	Company	1W Rtn	YTD Rtn
1	INBX	Inhibrx Biosciences	176.8%	409.8%
2	PUMP	ProPetro	71.2%	16.2%
3	RNA	Avidity Biosciences	43.5%	139.6%
4	DYN	Dyne Therapeutics	42.8%	-0.0%
5	GCI	Gannett	39.3%	3.8%
6	FORM	FormFactor	38.3%	34.7%
7	MBX	MBX Biosciences	35.1%	18.2%
8	BBNX	Beta Bionics	33.8%
9	GH	Guardant Health	33.3%	202.5%
10	LUMN	Lumen Technologies	32.7%	94.7%

1 Week Top Losers

#	Ticker	Company	1W Rtn	YTD Rtn
1	PMI	Picard Medical	-75.2%	5106.3%
2	LRN	Stride	-56.1%	-35.8%
3	NTLA	Intellia Therapeutics	-52.6%	5.2%
4	FMC	FMC	-48.7%	-66.6%
5	FI	Fiserv	-47.4%	-68.3%
6	VRNS	Varonis Systems	-43.8%	-21.2%
7	THRY	Thryv	-33.4%	-44.8%
8	NFE	New Fortress Energy	-30.5%	-91.9%
9	AKBA	Akebia Therapeutics	-29.5%	10.5%
10	UAMY	United States Antimony	-28.9%	371.2%

Peer Comparisons for Heidmar Maritime

Financials

	HMR	GSL	GNK	PANL	CMDB	HTCO	Median
Name	Heidmar .	Global S.	Genco Sh.	Pangaea .	Costamar.	High-Tre.
Mkt Price	1.28	30.66	16.72	4.88	12.79	10.30	11.54
Mkt Cap	0.1	1.1	0.7	0.3	-	-	0.5
Rev LTM	32	730	351	580	-	-	465
Op Inc LTM	-0	381	22	36	-	-	29
FCF LTM	-	141	12	-4	-	-	12
FCF 3Y Avg	-	243	51	26	-	-	51
CFO LTM	-	446	74	58	-	-	74
CFO 3Y Avg	-	408	106	65	-	-	106

Growth & Margins

	HMR	GSL	GNK	PANL	CMDB	HTCO	Median
Name	Heidmar .	Global S.	Genco Sh.	Pangaea .	Costamar.	High-Tre.
Rev Chg LTM	-	4.0%	-17.2%	15.1%	-	-	4.0%
Rev Chg 3Y Avg	-	11.2%	-16.5%	-9.1%	-	-	-9.1%
Rev Chg Q	-	8.7%	-24.4%	19.2%	-	-	8.7%
QoQ Delta Rev Chg LTM	-	2.1%	-6.9%	4.5%	-	-	2.1%
Op Mgn LTM	-0.1%	52.2%	6.3%	6.3%	-	-	6.3%
Op Mgn 3Y Avg	-	53.0%	13.8%	9.3%	-	-	13.8%
QoQ Delta Op Mgn LTM	-	-0.2%	-5.5%	-1.0%	-	-	-1.0%
CFO/Rev LTM	-	61.1%	21.1%	10.0%	-	-	21.1%
CFO/Rev 3Y Avg	-	59.1%	25.6%	12.0%	-	-	25.6%
FCF/Rev LTM	-	19.4%	3.5%	-0.7%	-	-	3.5%
FCF/Rev 3Y Avg	-	35.5%	11.7%	5.1%	-	-	11.7%

Valuation

	HMR	GSL	GNK	PANL	CMDB	HTCO	Median
Name	Heidmar .	Global S.	Genco Sh.	Pangaea .	Costamar.	High-Tre.
Mkt Cap	0.1	1.1	0.7	0.3	-	-	0.5
P/S	2.3	1.5	2.1	0.5	-	-	1.8
P/EBIT	-26.8	2.5	27.7	9.1	-	-	5.8
P/E	-4.2	2.8	47.0	35.4	-	-	19.1
P/CFO	-	2.4	9.8	5.4	-	-	5.4
Total Yield	-24.0%	42.1%	9.2%	9.0%	-	-	9.1%
Dividend Yield	0.0%	6.1%	7.1%	6.2%	-	-	6.1%
FCF Yield 3Y Avg	-	27.8%	8.1%	7.9%	-	-	8.1%
D/E	0.0	0.7	0.1	0.4	-	-	0.3
Net D/E	-0.2	0.3	0.1	0.2	-	-	0.2

Returns

	HMR	GSL	GNK	PANL	CMDB	HTCO	Median
Name	Heidmar .	Global S.	Genco Sh.	Pangaea .	Costamar.	High-Tre.
1M Rtn	-3.0%	-0.1%	-6.1%	-3.9%	-11.0%	37.5%	-3.5%
3M Rtn	-14.1%	9.4%	5.9%	1.2%	42.1%	27.9%	7.7%
6M Rtn	-51.9%	47.9%	27.7%	21.2%	-	-67.0%	21.2%
12M Rtn	-87.1%	42.7%	14.0%	-18.7%	-	-60.0%	-18.7%
3Y Rtn	-87.1%	125.7%	57.4%	21.0%	-	-	39.2%
1M Excs Rtn	-4.3%	-1.7%	-7.9%	-4.8%	-11.9%	35.7%	-4.6%
3M Excs Rtn	-26.3%	1.1%	-2.7%	-2.0%	29.7%	3,010.9%	-0.5%
6M Excs Rtn	-73.6%	26.2%	6.0%	-0.5%	-	-88.8%	-0.5%
12M Excs Rtn	-104.3%	22.6%	-3.1%	-34.0%	-	-76.6%	-34.0%
3Y Excs Rtn	-163.9%	34.8%	-27.8%	-62.8%	-	-	-45.3%

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022
Period End	6/30/2025	12/31/2024	12/31/2023	12/31/2022
Filing Date	8/12/2025	5/15/2025	2/5/2025	5/15/2025
Key Financials
Total Revenue	32	29	49	30
EBITDA	-3	4	21	17
Operating Income	-0	4	20	17
Net Income	-18	2	20	16
EPS	-0.31	0.03	0.34	0.28
Growth Rates
Total Revenue Growth	-	-41.0%	63.3%	-
EBITDA Growth	-	-81.5%	23.5%	-
Operating Income Growth	-	-79.2%	16.0%	-
Net Income Growth	-	-90.2%	20.8%	-
Margins
EBITDA Margin	-8.7%	13.4%	42.7%	56.4%
Operating Income Margin	-0.1%	14.1%	40.0%	56.3%
Net Income Margin	-56.1%	6.6%	39.8%	53.8%
Cash & Debt
Total Cash	11	20	19	25
Total Debt	0	5	14	22
Net Debt / (Cash)	-11	-15	-5	-3
Cash Flows
Net Cash from Operations	-	7	12	15
Free Cash from Operations	-	6	12	15
Returns to Shareholders
Dividends	0	-0	25	-0
Share Repurchases	-0	-0	-0	-0

$ Mil \| FY: 12/31	2025Q2	2025Q1	2024Q2	2024Q1
Period End	6/30/2025	3/31/2025	6/30/2024	3/31/2024
Filing Date	8/12/2025	6/11/2025	2/5/2025	6/11/2025
Key Financials Quarterly
Total Revenue	10	6	8	9
Ebitda	-0	-6	1	2
Operating Income	-1	-2	0	2
Net Income	-14	-6	0	2
EPS	-0.24	-0.10	0.00	0.03
Key Financials TTM
Total Revenue TTM	32	-	-	-
Ebitda TTM	-3	-	-	-
Operating Income TTM	-0	-	-	-
Net Income TTM	-18	-	-	-
Growth Rates Quarterly
Total Revenue Growth	-	-	-	-
EBITDA Growth	-	-	-	-
Operating Income Growth	-	-	-	-
Net Income Growth	-	-	-	-
Margins Quarterly
EBITDA Margin	-0.9%	-96.4%	7.6%	27.1%
Operating Income Margin	-9.7%	-32.2%	5.1%	27.5%
Net Income Margin	-143.3%	-103.4%	1.8%	20.0%
Cash & Debt
Total Cash	11	19	19	-
Total Debt	0	0	10	0
Net Debt / (Cash)	-11	-19	-9	-
Cash Flows Quarterly
FCF from Operations	-	-	-	-
Cash Flows TTM
FCF from Operations TTM	-	-	-	-
Returns to Shareholders Quarterly
Dividends	0	0	0	0
Share Repurchases	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	-243.1%	-113.7%	-	-
Return on Invested Capital (ROIC) TTM
ROIC TTM	-1.9%	-	-	-

	1M	2M	3M	6M	1Y	3Y
Beta	2.99	-0.29	0.55	1.00	0.62	0.29
Up Beta	2.14	-0.91	-0.96	0.79	0.37	0.20
Down Beta	0.99	-2.78	0.53	0.86	0.80	0.50
Up Capture	150%	-14%	7%	29%	-13%	-1%
Bmk +ve Days	13	23	35	74	144	420
Stock +ve Days	7	14	22	47	53	53
Down Capture	541%	132%	248%	197%	146%	92%
Bmk -ve Days	8	19	29	52	107	330
Stock -ve Days	13	27	39	75	96	96

Short Interest

Short Interest: As Of Date	10152025
Short Interest: Shares Quantity	41,125
Short Interest: % Change Since 9302025	-60.2%
Average Daily Volume	77,401
Days-to-Cover Short Interest	1
Basic Shares Quantity	58,163,341
Short % of Basic Shares	0.1%

Returns Analyses

	Title
0	Heidmar Maritime Stock Lost 6.7%, Buy Or Wait?

SEC Filings

Expand for More

Report Date	Filing Date	Filing
6302025	8122025	6-K 6/30/2025
3312025	6112025	6-K 3/31/2025
12312024	5152025	20-F 12/31/2024
12312023	2052025	424B3 12/31/2023

Insider Activity

Expand for More

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

Prefer one of these to Trefis? Tell us why.

Heidmar Maritime (HMR)

Market Price (10/31/2025): $1.28 | Market Cap: $74.4 MilSector: Industrials | Industry: Marine Transportation

Heidmar Maritime (HMR)

Market Price (10/31/2025): $1.28Market Cap: $74.4 MilSector: IndustrialsIndustry: Marine Transportation

Market Valuation & Key Metrics

HMR Stock

Return vs. Risk

Price Returns Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

About Heidmar Maritime (HMR)

Interactive Breakdown

Better Bets than Heidmar Maritime (HMR)

Latest Trefis Analyses

Trade Ideas

Recent Active Movers

1 Day Top Gainers

1 Day Top Losers

1 Week Top Gainers

1 Week Top Losers

1 Month Top Gainers

1 Month Top Losers

Recent Active Movers

1 Day Top Gainers

1 Day Top Losers

1 Week Top Gainers

1 Week Top Losers

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Heidmar Maritime

Financials

Growth & Margins

Valuation

Returns

Comparison Analyses

FDIC Bank Data

Bank Capital

Bank Deposits

Bank Assets

Bank Loans

Financials

Segment Financials

Price Behavior

Short Interest

Returns Analyses

Earnings Returns History

SEC Filings

Insider Activity

Industry Resources

External Quote Links

Market Price (10/31/2025): $1.28 | Market Cap: $74.4 Mil
Sector: Industrials | Industry: Marine Transportation

Market Price (10/31/2025): $1.28
Market Cap: $74.4 Mil
Sector: Industrials
Industry: Marine Transportation