Star Bulk Carriers Financial Statements
NASDAQ: SBLKConsumer DiscretionaryMarine TransportationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Star Bulk Carriers revenue and earnings
In fiscal 2025, Star Bulk Carriers generated $1.04 billion in revenue, down 17.6% from fiscal 2024, its first annual decline since 2023. Net income was $84.2 million (-72.4% year over year), for a net margin of 8.1% versus a median of 24.1% in the prior 5 years. Operating margin was 13.1%.
Diluted earnings per share came in at $0.73, down from $2.80. Over the last 5 fiscal years, SBLK's revenue has grown at a 8.5% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Star Bulk Carriers income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.04B | 1.27B | 949.27M | 1.44B | 1.43B | 693.24M | 821.37M | 651.56M | 331.98M | 222.11M |
| Revenue growth (YoY) | -17.62% | +33.31% | -33.95% | +0.68% | +105.91% | -15.60% | +26.06% | +96.27% | +49.47% | -5.20% |
| Operating Expenses | — | — | — | — | — | — | — | 519.62M | 293.13M | 331.36M |
| 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 |
| Other Income (Expense) | -51.79M | -78.45M | -64.78M | -41.46M | -58.98M | -74.21M | -89.84M | -73.53M | -48.47M | -44.83M |
| Pretax Income | 85.08M | 304.54M | 173.68M | 566.13M | 680.43M | 9.78M | -16.15M | 58.41M | -9.54M | -153.96M |
| Income Tax | 0 | -116.00K | 183.00K | 244.00K | 16.00K | 152.00K | 109.00K | 61.00K | 236.00K | 267.00K |
| Net Income | 84.17M | 304.65M | 173.56M | 566.00M | 680.53M | 9.66M | -16.20M | 58.40M | -9.77M | -154.23M |
| Net Income growth (YoY) | -72.37% | +75.54% | -69.34% | -16.83% | +6944.82% | — | -127.74% | — | — | — |
| 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 |
| Shares Outstanding (Basic) | 115.00M | 106.88M | 98.46M | 102.15M | 101.18M | 96.13M | 93.74M | 77.06M | 63.03M | 47.57M |
| Shares Outstanding (Diluted) | 115.42M | 108.70M | 98.93M | 102.54M | 101.48M | 96.28M | 93.74M | 77.33M | 63.03M | 47.57M |
| EBITDA | 305.15M | 547.05M | 376.89M | 764.33M | 892.04M | 226.28M | 197.98M | 234.79M | 121.47M | -27.32M |
| Operating Margin | 13.13% | 30.27% | 25.12% | 42.28% | 51.80% | 12.12% | 8.97% | 20.25% | 11.70% | -49.19% |
| Net Margin | 8.07% | 24.07% | 18.28% | 39.38% | 47.68% | 139.00% | -1.97% | 8.96% | -2.94% | -69.44% |
This table shows 10 annual periods of Star Bulk Carriers's income statement, from FY 2025 back to FY 2016, across 15 line items including revenue, operating expenses, operating income. Values in USD; B = billions, M = millions. Fiscal periods follow SBLK's reporting calendar. What is a income statement?