Start here if you're new
what it is
ZIM moves containers around the world, then adds trucking, cargo handling, and logistics so your shipment actually shows up.
how it gets paid
Last year Zim Integrated Ship made $6.9B in revenue. Pacific was the main engine at $2.35B, or 34% of sales.
why growth slowed
Revenue fell 18.1% last year. The big number is $17.82 in full-year EPS because it flips ZIM from a 2023 loss of $22.42 to a profit big enough to make.
what just happened
ZIM finished 2024 with $4.66 in fourth-quarter EPS, capping a swing from a 2023 loss to a 2024 profit.
At a glance
n/a balance sheet
5/100 earnings predictability — expect surprises
2.7x trailing p/e — the market's not buying it — or you found a deal
7.4% dividend yield — cash in your pocket every quarter
58.2% return on capital — a money-printing machine
What they do
ZIM moves containers around the world, then adds trucking, cargo handling, and logistics so your shipment actually shows up.
ZIM wins by staying asset-light and picking niche routes instead of trying to be everything everywhere. It serves about 33,000 customers across more than 330 ports in over 100 countries, so your cargo has options when global trade gets messy. Long-term debt is just $60 million, or 2% of capital, which means it can stay flexible while heavier rivals drag more balance-sheet weight.
How they make money
$6.9B
annual revenue · their business grew -18.1% last year
Pacific
$2.35B
Intra-Asia
$1.52B
Atlantic
$1.17B
Latin America
$1.03B
Cross-Suez
$0.83B
The products that matter
moves containers by sea
Container Liner Shipping
$6.2B · core business
this is the main earnings engine at $6.2B in revenue, and it fell 18.1% as the shipping cycle cooled. that's the core operating risk if the deal slips.
main exposure
supports port-to-door delivery
Logistics & Land Services
$690M · over 100 countries
this smaller segment supports the network across over 100 countries, but at $690M it does not change the bigger fact: ocean freight still drives the story.
supporting segment
Key numbers
43.0%
operating margin
Operating margin → the share of sales left after running the business → so what: ZIM kept $0.43 of every revenue dollar in 2024 estimates.
58.2%
return on capital
Return on capital → profit earned on the money used in the business → so what: this is huge for a company with only $60 million of long-term debt.
7.4%
dividend yield
Dividend yield → cash paid to shareholders as a percent of the stock price → so what: you are being paid to tolerate shipping chaos.
$60M
long-term debt
Long-term debt → money owed over many years → so what: at 2% of capital, leverage is not the main problem here.
Financial health
n/a
strength
- balance sheet grade n/a
- price stability 5 / 100
- long-term debt $60M (2% of capital)
n/a — functional but not a standout on the balance sheet.
Total return vs. market
Return history isn't available for ZIM right now.
source: institutional data · return history unavailable
What just happened
beat estimates
ZIM finished 2024 with $4.66 in fourth-quarter EPS, capping a swing from a 2023 loss to a 2024 profit.
Quarterly EPS ran $0.75, $3.07, $9.34, and $4.66 in 2024 for a full-year total of $17.82, versus a full-year loss of $22.42 in 2023. Gross margin was 19.1% in the SEC filing, while the operating margin estimate reached 43.0%.
$6.9B
revenue
$4.66
eps
19.1%
gross margin
the number that mattered
The big number is $17.82 in full-year EPS because it flips ZIM from a 2023 loss of $22.42 to a profit big enough to make the stock look optically cheap.
source: company filings and quarterly EPS history, 2024
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What could go wrong
this page lives or dies on one question: does the $4.2B, $35-per-share Hapag-Lloyd deal clear antitrust and close on time.
high
deal break or prolonged delay
the stock is trading against a $35 cash takeout. if regulators block or slow the merger, the market stops valuing ZIM as a near-term acquisition target and starts valuing it as a standalone shipping company again.
the gap between $22.43 and $35 is the whole current setup
high
order to show cause / antitrust proceeding
dated jun 26, 2025, this is the most concrete legal obstacle flagged in the snapshot. it is not background noise when the pending acquisition already depends on antitrust clearance.
the source data flags $1.0B–$1.7B of revenue at risk
med
freight-rate whiplash
q4 revenue fell 31.5% to $1.49B, and ocean freight remains about 90% of the mix shown here. that tells you how little insulation there is if container pricing weakens again.
most of the revenue base is still tied to the core shipping cycle
med
unclear growth path if the deal fails
the second flagged issue in the source data points to growth strategy uncertainty. that's a bigger problem in a stock with 5/100 earnings predictability and no moat to lean on.
the source data flags $690M–$1.0B of revenue at risk
a blocked or delayed deal would reopen the full standalone debate on a business that just saw quarterly revenue fall 31.5%, while the current price still sits $12.57 below the $35 offer.
source: institutional data · regulatory filings · risk analysis
Pay attention to
calendar
merger closing timeline
feb 17, 2026 — the market needs clean regulatory approval and final closing details on the $4.2B, $35-per-share acquisition.
risk
antitrust proceeding updates
jun 26, 2025 — any update tied to the order to show cause matters because antitrust is the main reason this spread still exists.
metric
quarterly revenue trend
the last print was $1.49B, down 31.5%. if the operating business keeps deteriorating, the downside matters more if the deal slips.
trend
final dividend mechanics
mar 26, 2026 — the $0.31 payout is small next to the merger spread, but it tells you whether capital returns keep moving normally into closing.
Analyst rankings
earnings predictability
5 / 100
in human-speak, analysts do not expect smooth or easily forecastable results here.
valuation signal
2.7x p/e
that looks optically cheap, but low multiples in shipping often mean the market thinks peak earnings are behind you.
source: institutional data
Institutional activity
institutional ownership data for ZIM is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$22
current price
n/a
target midpoint · n/a from current
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