Financials · SBLK

Star Bulk Carriers Corp. (SBLK) financials

For fiscal 2025 (ended Dec 31, 2025), Star Bulk Carriers Corp. reported $1.04B of revenue and $84.17M of net income.

Revenue, FY2025
$1.04B
Revenue growth, YoY
-17.6%
Net income, FY2025
$84.17M
Net income growth, YoY
-72.4%
Net margin
8.1%
Free cash flow, FY2025
$211.95M
EPS, diluted, FY2025
$0.73
EPS growth, YoY
-73.9%
Cash
$488.51M
P/E
37.11
P/S
3.00
Market cap
$3.12B
Annual revenue$1.04B
FY2016FY2025
Annual net income$84.17M
FY2016FY2025
Annual free cash flow$211.95M
FY2016FY2025

SBLK revenue and earnings growth

SBLK revenueFY2025$1.04B

FY YoY
-17.6%
5Y CAGR
+8.5%
10Y CAGR
+16.1%

SBLK revenue was $1.04B for fiscal 2025 (ended Dec 31, 2025), down 17.6% from fiscal 2024. Compound annual growth was +8.5% over 5 years and +16.1% over 10 years. It rose in 6 of the last 10 fiscal years.

SBLK net incomeFY2025$84.17M

FY YoY
-72.4%
5Y CAGR
+54.2%

SBLK net income was $84.17M for fiscal 2025 (ended Dec 31, 2025), down 72.4% from fiscal 2024. Compound annual growth was +54.2% over 5 years. It rose in 2 of the last 5 fiscal years.

SBLK EPSFY2025$0.73

FY YoY
-73.9%
5Y CAGR
+48.8%

SBLK diluted EPS was $0.73 for fiscal 2025 (ended Dec 31, 2025), down 73.9% from fiscal 2024. Compound annual growth was +48.8% over 5 years.

SBLK free cash flowFY2025$211.95M

FY YoY
-49.1%
5Y CAGR
+16.6%

SBLK free cash flow was $211.95M for fiscal 2025 (ended Dec 31, 2025), down 49.1% from fiscal 2024. Compound annual growth was +16.6% over 5 years. It rose in 3 of the last 5 fiscal years.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$1.04B$1.27B$949.27M$1.44B$1.43B$693.24M$821.37M$651.56M$331.98M$222.11M
Selling, general and admin$70.54M$70.78M$54.41M$56.83M$39.50M$31.88M$34.82M$33.97M$30.95M$24.60M
Operating income$136.87M$383.00M$238.46M$607.60M$739.40M$83.99M$73.70M$131.94M$38.84M-$109.25M
Interest expense$71.22M$91.83M$71.32M$52.58M$56.04M$69.56M$87.62M$73.72M$50.46M$40.45M
Pre-tax income$85.08M$304.54M$173.68M$566.13M$680.43M$9.78M-$16.15M$58.41M-$9.63M-$154.09M
Income tax$0-$116.0K$183.0K$244.0K$16.0K$152.0K$109.0K$61.0K$236.0K$267.0K
Net income$84.17M$304.65M$173.56M$566.00M$680.53M$9.66M-$16.20M$58.40M-$9.77M-$154.23M
EPS, basic$0.73$2.85$1.76$5.54$6.73$0.10-$0.17$0.76-$0.16-$3.24
EPS, diluted$0.73$2.80$1.75$5.52$6.71$0.10-$0.17$0.76-$0.16-$3.24
Diluted shares115.4M108.7M98.9M102.5M101.5M96.3M93.7M77.3M63.0M47.6M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$488.51M$425.07M$227.48M$286.34M$473.27M$195.53M$126.26M$213.88M$273.50M$195.76M
Receivables$83.59M$79.30M$68.62M$84.03M$81.06M$38.09M$58.78M$38.40M$18.52M$12.57M
Inventory$51.48M$78.59M$62.36M$67.16M$75.08M$47.29M$51.15M$27.44M$19.34M$14.53M
Current assets$683.35M$658.97M$454.40M$502.09M$682.92M$307.41M$266.04M$298.84M$312.63M$228.47M
Total assets$3.81B$4.09B$3.03B$3.43B$3.75B$3.19B$3.24B$3.02B$2.15B$2.01B
Current liabilities$383.68M$399.81M$359.36M$282.56M$290.80M$266.43M$310.93M$222.72M$219.27M$28.12M
Total liabilities$1.36B$1.60B$1.37B$1.41B$1.67B$1.64B$1.69B$1.50B$1.06B$974.47M
Shareholders' equity$2.45B$2.48B$1.66B$2.02B$2.08B$1.55B$1.54B$1.52B$1.09B$1.04B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$295.94M$471.15M$335.78M$769.90M$767.07M$170.55M$88.53M$169.01M$82.80M-$33.23M
Capital expenditures$83.99M$55.09M$18.09M$25.40M$130.15M$72.06M$347.14M$328.63M$143.68M$396.15M
Free cash flow$211.95M$416.06M$317.69M$744.50M$636.92M$98.49M-$258.62M-$159.63M-$60.88M-$429.39M
Investing cash flow$101.16M$356.18M$235.52M-$20.87M-$121.26M-$66.33M-$279.84M-$325.33M-$127.10M-$13.43M
Financing cash flow-$336.04M-$648.20M-$595.89M-$935.95M-$368.07M-$34.95M$103.70M$96.69M$122.03M$20.37M
Dividends paid$34.38M$277.01M$158.05M$668.46M$230.47M$4.80M$4.80M$0$0-
Share repurchases$98.13M$25.30M$393.11M$20.07M$10.28M$0$20.52M$3.15M$0$0
Stock-based compensation$17.80M$18.33M$20.88M$28.48M$10.34M$4.62M$7.94M$8.07M$9.27M$4.17M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY-17.6%33.3%-33.9%0.7%105.9%-15.6%26.1%96.3%49.5%-5.2%
Net income growth, YoY-72.4%75.5%-69.3%-16.8%6944.8%-----
EPS growth, YoY-73.9%60.0%-68.3%-17.7%6610.0%-----
Operating margin13.1%30.3%25.1%42.3%51.8%12.1%9.0%20.2%11.7%-49.2%
Net margin8.1%24.1%18.3%39.4%47.7%1.4%-2.0%9.0%-2.9%-69.4%
Free cash flow margin20.3%32.9%33.5%51.8%44.6%14.2%-31.5%-24.5%-18.3%-193.3%
Return on equity3.4%12.3%10.5%28.0%32.7%0.6%-1.0%3.8%-0.9%-14.9%
Return on assets2.2%7.5%5.7%16.5%18.1%0.3%-0.5%1.9%-0.5%-7.7%
Current ratio1.781.651.261.782.351.150.861.341.438.12

Source: XBRL data Star Bulk Carriers Corp. files with the SEC, latest filing dated Mar 19, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures and share counts are restated for stock splits the filings show: 1-for-5, first reported Mar 22, 2017.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

SBLK peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
SBLK$1.04B-17.6%$84.17M8.1%$3.12B
GD$56.52B+9.7%$4.66B8.2%$99.23B
RCL$19.13B+9.7%$4.55B23.8%$89.65B
CCL$27.59B+5.2%$3.14B11.4%$41.25B
VIK$6.50B+21.9%$1.15B17.7%$40.15B
BIP$23.10B+9.8%$2.53B11.0%$18.20B
HII$13.53B+12.6%$733.00M5.4%$12.37B
FRO$1.97B-8.8%$379.08M19.2%$10.14B
NCLH$10.16B+4.9%$832.94M8.2%$8.64B

SBLK FAQ

8 questions
  • What is SBLK revenue?
    Star Bulk Carriers Corp. (SBLK) reported $1.04B of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 17.6% from the year before.
  • Is SBLK profitable?
    Yes. Star Bulk Carriers Corp. earned $84.17M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 8.1%.
  • How much cash and debt does SBLK have?
    Star Bulk Carriers Corp. reported $488.51M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is SBLK revenue growing?
    Star Bulk Carriers Corp.'s revenue changed -17.6% in fiscal 2025, to $1.04B. Its compound annual growth rate was +8.5% over 5 years and +16.1% over 10 years.
  • What is SBLK free cash flow?
    Star Bulk Carriers Corp. generated $211.95M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $295.94M less capital expenditures.
  • What is SBLK earnings per share?
    Diluted earnings per share were $0.73 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did SBLK last report financial results?
    The latest statements here come from Star Bulk Carriers Corp.'s 20-F filed on Mar 19, 2026, covering the period ended Dec 31, 2025.
  • Where does this SBLK financial data come from?
    Quantisnow builds these statements from the structured XBRL data Star Bulk Carriers Corp. files with the SEC. It is provided for information only and is not investment advice.