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Star Bulk Carriers (SBLK) | Financial Analysis & Statements

Star Bulk Carriers Corp. | Mid-cap | Industrials

$18.84

-0.69%

Star Bulk Carriers vs Kirby Star Bulk Carriers vs Matson Star Bulk Carriers vs Hafnia Star Bulk Carriers vs BW LPG Star Bulk Carriers vs Zim Integrated Star Bulk Carriers vs S&P 500 | Market

TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 230.6M

Gross Profit 17.3M 7.48%

Operating Income 14.0M 6.08%

Net Income 462.0K 0.20%

EPS (Diluted) $0.00

Balance Sheet Metrics

Total Assets 4.0B

Total Liabilities 1.6B

Shareholders Equity 2.5B

Debt to Equity 0.64

Cash Flow Metrics

Operating Cash Flow 48.4M

Free Cash Flow 41.2M

Revenue & Profitability Trend

Interactive Financial Charts Not Available

This page uses interactive financial charts and dynamic data visualization tools that require JavaScript. For detailed financial analysis:

Available Financial Data:

Income statements (annual and quarterly)
Balance sheets with asset and liability details
Cash flow statements and free cash flow analysis
Key financial ratios and performance metrics
Peer comparison and industry benchmarking

All financial data is displayed in accessible table format below. Use the table headers and structure to analyze trends and compare metrics across different periods.

Star Bulk Carriers Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue i	1.3B	949.3M	1.4B	1.4B	693.2M
Cost of Goods Sold i	845.0M	690.0M	759.7M	652.5M	594.9M
Gross Profit i	420.5M	259.2M	677.5M	775.0M	98.4M
Gross Margin % i	33.2%	27.3%	47.1%	54.3%	14.2%
Operating Expenses
Research & Development i	-	-	-	-	-
Selling, General & Administrative i	70.8M	54.4M	56.8M	39.5M	31.9M
Other Operating Expenses i	-4.7M	-34.0M	-8.8M	-2.1M	-3.2M
Total Operating Expenses i	66.0M	20.4M	48.0M	37.4M	28.6M
Operating Income i	354.5M	238.8M	629.4M	737.6M	69.7M
Operating Margin % i	28.0%	25.2%	43.8%	51.7%	10.1%
Non-Operating Items
Interest Income i	21.9M	37.0M	17.1M	315.0K	267.0K
Interest Expense i	92.8M	87.9M	56.5M	47.8M	59.2M
Other Non-Operating Income	25.5M	-9.0M	-17.8M	-1.4M	9.3M
Pre-tax Income i	304.5M	173.7M	566.1M	680.4M	9.8M
Income Tax i	-116.0K	183.0K	244.0K	16.0K	152.0K
Effective Tax Rate % i	-0.0%	0.1%	0.0%	0.0%	1.6%
Net Income i	304.7M	173.6M	566.0M	680.5M	9.7M
Net Margin % i	24.1%	18.3%	39.4%	47.7%	1.4%
Key Metrics
EBITDA i	533.5M	417.8M	805.4M	880.1M	200.4M
EPS (Basic) i	$2.85	$1.76	$5.54	$6.73	$0.10
EPS (Diluted) i	$2.80	$1.75	$5.52	$6.71	$0.10
Basic Shares Outstanding i	106883330	98457929	102153255	101183829	95928017
Diluted Shares Outstanding i	106883330	98457929	102153255	101183829	95928017

Income Statement Trend

Star Bulk Carriers Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets
Cash & Equivalents i	425.1M	227.5M	269.8M	450.3M	183.2M
Short-term Investments i	-	-	-	-	-
Accounts Receivable i	79.3M	68.6M	84.0M	81.1M	38.1M
Inventory i	78.6M	62.4M	67.2M	75.1M	47.3M
Other Current Assets	43.6M	22.8M	14.9M	15.2M	13.0M
Total Current Assets i	659.0M	454.4M	502.1M	682.9M	307.4M
Non-Current Assets
Property, Plant & Equipment i	-	-	-	-	-
Goodwill i	-	-	-	-	-
Intangible Assets i	-	-	-	-	-
Long-term Investments	330.0K	2.5M	8.7M	6.9M	0
Other Non-Current Assets	5.0M	2.0M	2.0M	2.0M	5.1M
Total Non-Current Assets i	3.4B	2.6B	2.9B	3.1B	2.9B
Total Assets i	4.1B	3.0B	3.4B	3.8B	3.2B
Liabilities
Current Liabilities
Accounts Payable i	51.6M	39.3M	32.1M	21.8M	32.9M
Short-term Debt i	252.1M	257.1M	191.9M	207.1M	189.8M
Current Portion of Long-term Debt	-	-	-	-	-
Other Current Liabilities	2.0M	5.8M	-	743.0K	1.9M
Total Current Liabilities i	399.8M	359.4M	282.6M	290.8M	266.4M
Non-Current Liabilities
Long-term Debt i	1.2B	1.0B	1.1B	1.4B	1.4B
Deferred Tax Liabilities i	-	-	-	-	-
Other Non-Current Liabilities	850.0K	1.0M	831.0K	1.1M	2.3M
Total Non-Current Liabilities i	1.2B	1.0B	1.1B	1.4B	1.4B
Total Liabilities i	1.6B	1.4B	1.4B	1.7B	1.6B
Equity
Common Stock i	1.1M	840.0K	1.0M	1.0M	971.0K
Retained Earnings i	-605.6M	-633.2M	-648.7M	-546.3M	-996.3M
Treasury Stock i	-	-	-	0	93.0K
Other Equity	-	-	-	-	-
Total Shareholders Equity i	2.5B	1.7B	2.0B	2.1B	1.5B
Key Metrics
Total Debt i	1.5B	1.3B	1.3B	1.6B	1.6B
Working Capital i	259.2M	95.0M	219.5M	392.1M	41.0M

Balance Sheet Composition

Star Bulk Carriers Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income i	304.7M	173.6M	566.0M	680.5M	9.7M
Depreciation & Amortization i	164.1M	148.2M	167.4M	152.6M	142.3M
Stock-Based Compensation i	18.3M	20.9M	28.5M	10.3M	4.6M
Working Capital Changes i	9.8M	13.1M	-11.2M	-74.5M	26.1M
Operating Cash Flow i	517.8M	331.2M	755.3M	774.0M	187.4M
Investing Activities
Capital Expenditures i	248.1M	232.9M	-25.4M	-130.1M	-72.1M
Acquisitions i	104.3M	-	-	-	-
Investment Purchases i	-	-	-	-	-
Investment Sales i	-	-	-	-	-
Investing Cash Flow i	356.2M	235.5M	-20.9M	-121.3M	-66.3M
Financing Activities
Share Repurchases i	-25.3M	-393.1M	-20.1M	-10.3M	0
Dividends Paid i	-277.0M	-158.1M	-668.7M	-230.2M	-4.8M
Debt Issuance i	388.1M	441.4M	315.0M	470.6M	687.8M
Debt Repayment i	-730.1M	-492.6M	-576.0M	-593.2M	-708.9M
Financing Cash Flow i	-648.2M	-595.9M	-936.0M	-368.1M	-34.9M
Free Cash Flow i	416.1M	317.7M	744.5M	636.9M	98.5M
Net Change in Cash i	225.7M	-29.2M	-201.5M	284.6M	86.1M

Cash Flow Trend

Star Bulk Carriers Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 9.86

Forward P/E 4.14

Price to Book 0.90

Price to Sales 1.94

PEG Ratio 4.14

Profitability Ratios

Profit Margin 10.98%

Operating Margin 8.00%

Return on Equity 5.11%

Return on Assets 2.62%

Financial Health

Current Ratio 1.60

Debt to Equity 55.30

Beta 0.96

Per Share Data

EPS (TTM) $1.91

Book Value per Share $21.02

Revenue per Share $9.68

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
sblk	2.2B	9.86	0.90	5.11%	10.98%	55.30
Kirby	5.6B	18.87	1.70	8.55%	9.26%	0.38
Matson	3.4B	7.31	1.30	19.70%	14.26%	25.41
Hafnia	2.8B	4.59	1.21	26.66%	23.47%	46.81
BW LPG	2.3B	7.90	1.26	17.41%	7.63%	58.91
Zim Integrated	1.9B	0.79	0.47	72.44%	26.52%	148.29

Financial data is updated regularly. All figures are in the company's reporting currency.