Saturday 17 October 2026 Export EDRY’s income statement to Excel — free account

EuroDry

EuroDry’s revenue for fiscal 2025 (year ended December 2025) was $52.3 million, down 14.4% from fiscal 2024. In the quarter to June 2026, revenue grew 57.0%, EPS grew 310.7%, free cash flow grew 281.1% and total debt fell 3.85%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

45.70 1.74 −3.67%

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Market cap: $136.0M
P/E: 13.6×
Fwd P/E: 7.3×
Dividend yield: —
F-score: 5/9
Altman Z: 0.71
Beneish M: −3.08
Dividend safety: 25/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.09

Total sells 0.80

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	1	—	—	1	1
Sell	—	—	—	—	—	2	—	—	2	9	—	1

Insider Ownership 45.80%

Capital & Financial Ratios $m

Market Cap 135.99

Revenue 62.27

Net Income 10.68

Free Cash Flow 25.58

Net Debt 68.94

Current Ratio 1.28

Debt/Equity 0.89

P/E ratio 13.64

Fwd P/E 7.28

P/S ratio 2.04

P/B ratio 1.16

Past 5Y EPS Growth —

This Y EPS Growth 353.07%

Next Y EPS Growth (17.57%)

Next Y revenue growth 40.96%

Next 5Y EPS Growth 40.07%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 67.56%

10-year low 10-year high

P/S against its own 10 years 96.98%

10-year low 10-year high

P/B against its own 10 years 92.74%

10-year low 10-year high

EV/Sales against its own 10 years 87.91%

10-year low 10-year high

EV/FCF against its own 10 years 31.21%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2018	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	11	8	23	28
Receivables	9	10	4	5
Inventory	4	2	1	1
Other	—	—	—	—
	24	23	29	35

	2023	2024	2025	Q'26
Payables	3	3	2	2
ST’ Debt	18	12	12	22
Other	2	0	1	1
	25	19	19	27

Compound Annual Growth %

	10y	5y	3y
Sales	—	18.58%	(9.36%)
Cash Flow	—	40.56%	(27.14%)
Earnings	—	0.00%	0.00%
Book Value	—	24.26%	(3.46%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	13	18	—	—	—
’25	9	11	14	17	52
’24	14	17	15	15	61
’23	11	10	10	16	48
’22	18	21	16	15	70
’21	9	14	19	22	64
’20	5	4	7	6	22

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	2	10	—	—	—
’25	(2)	3	5	8	13
’24	3	1	2	(1)	5
’23	3	5	5	(1)	12
’22	10	11	10	2	33
’21	0	10	14	15	39
’20	0	0	1	2	2

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	2	10	—	—	—
’25	2	3	5	9	19
’24	3	0	2	(9)	(4)
’23	3	5	(2)	(59)	(53)
’22	(12)	(5)	9	11	5
’21	0	3	(11)	10	2
’20	0	0	1	2	2

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.09	2.32	—	—	—
’25	(1.35)	(1.12)	(0.24)	1.14	(1.55)
’24	(0.65)	(0.15)	(1.53)	(2.24)	(3.54)
’23	(0.55)	(0.43)	(0.19)	0.13	(1.05)
’22	3.64	3.61	2.10	2.20	11.61
’21	0.19	0.81	4.41	5.32	11.53
’20	(1.17)	(1.86)	0.06	(0.31)	(3.28)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	4.89	6.51	2.98	5.41	12.71	13.42	10.04	7.60	Analyst estimates 2026–2028 Powerpack
	High	—	—	14.50	10.90	13.20	34.65	44.99	20.41	24.84	16.14
People
People	Employees	—	—	—	—	—	—	—	—	—	—
	Revenue/emp, $m	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income, $m
Income, $m	Revenue	8	19	25	27	22	64	70	48	61	52
	Gross margin, %	44.27	51.52	60.88	56.34	46.66	80.12	75.34	47.99	48.06	41.39
	EBT	(10)	1	1	0	(6)	31	34	(3)	(14)	(4)
	EBT margin, %	(128.71)	4.44	4.57	0.06	(26.37)	48.34	47.79	(6.90)	(22.13)	(7.25)
	Net income	(10)	1	1	0	(6)	31	34	(3)	(14)	(4)
	Depreciation	4	5	6	7	7	8	11	11	14	13
Per share, $
Per share, $	Revenue	3.49	8.66	10.98	12.10	9.80	25.48	24.40	17.22	22.39	18.96
	Earnings	(4.50)	0.38	0.25	(0.85)	(3.28)	11.63	11.66	(1.05)	(3.54)	(1.55)
	Cash flow	1.89	1.31	1.78	6.71	1.02	15.48	11.47	4.27	1.76	4.63
	Capex	(10.75)	(4.35)	(13.01)	(0.49)	(0.27)	(14.56)	(9.87)	(23.63)	(3.20)	2.08
	Free cash flow	(8.86)	(3.04)	(11.23)	6.22	0.75	0.92	1.59	(19.36)	(1.44)	6.72
	Book value	13.79	14.85	19.50	18.57	15.21	31.21	39.62	43.22	38.71	37.19
	Shares, m	2	2	2	2	2	3	3	3	3	3
Valuation, ×
Valuation, ×	P/E	0.00	0.00	21.43	0.00	0.00	1.75	1.45	0.00	0.00	0.00
	P/S	0.00	0.00	0.78	0.64	0.56	0.75	0.69	1.10	0.50	0.68
	P/B	0.54	0.54	0.44	0.42	0.36	0.61	0.43	0.44	0.29	0.34
	EV/Sales	0.00	0.00	3.15	2.48	2.74	1.54	1.33	3.05	2.12	2.21
	EV/FCF	(5.15)	(5.15)	(3.08)	4.83	35.65	42.98	20.33	(2.72)	(33.00)	6.25
Cash, $m
Cash, $m	Operating cash flow	4	3	4	15	2	39	33	12	5	13
	Capex	(24)	(10)	(29)	(1)	(1)	(37)	(28)	(65)	(9)	6
	Free cash flow	(20)	(7)	(25)	14	2	2	5	(53)	(4)	19
Balance, $m
Balance, $m	Working capital	1	(2)	5	(2)	(13)	13	21	(1)	5	10
	Total debt	30	38	63	56	51	79	81	104	107	103
	Net debt	28	36	58	50	49	51	45	93	99	80
	Shareholders’ equity	31	33	44	42	35	79	114	119	106	103
Returns, %
Returns, %	ROA	(11.01)	0.92	0.49	(1.56)	(6.62)	21.87	18.59	(1.35)	(5.59)	(1.97)
	ROIC	(9.42)	2.38	2.45	2.05	(2.06)	18.66	13.45	0.32	(1.93)	1.02
	ROE	(31.71)	2.66	1.45	(4.49)	(19.51)	51.80	34.78	(2.49)	(11.20)	(4.10)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
ESEA Euroseas Ltd.	$443.5M	3.4×	3.9×	−1.28% (below 0%: shrinking)	+10.42% (above 0%: growing)	−70.14% (below 0%: shrinking)	78.65%	59.18%	Compare
SHIP Seanergy Maritime Holdings Corp	$340.0M	5.3×	6.0×	+48.58% (above 0%: growing)	+764.29% (above 0%: growing)	+144.12% (above 0%: growing)	75.84%	54.72%	Compare
GASS StealthGas, Inc.	$322.1M	5.4×	5.8×	−9.16% (below 0%: shrinking)	−16.36% (below 0%: shrinking)	−4.48% (below 0%: shrinking)	52.20%	31.55%	Compare
DSX Diana Shipping inc.	$318.5M	5.1×	3.9×	+4.75% (above 0%: growing)	+466.67% (above 0%: growing)	+1.73% (above 0%: growing)	57.47%	21.13%	Compare
SMHI SEACOR Marine Holdings Inc.	$218.7M	— (loss-making)	— (loss-making)	−10.16% (below 0%: shrinking)	n/m	+30.19% (above 0%: growing)	14.55%	29.23%	Compare
EDRY EuroDry	$136.0M	13.6×	7.3×	+56.96% (above 0%: growing)	n/m	+281.14% (above 0%: growing)	77.08%	49.77%
HMR Heidmar Maritime Holdings Corp.	$97.9M	40.5×	12.6×	+202.74% (above 0%: growing)	n/m	−63.91% (below 0%: shrinking)	24.53%	6.27%	Compare
SVRN SVRN, Inc.	$78.4M	— (loss-making)	2.6×	−0.46% (below 0%: shrinking)	n/m	−216.41% (below 0%: shrinking)	13.51%	(140.13%)	Compare
GLBS Globus Maritime Limited	$69.1M	9.4×	— (loss-making)	+53.18% (above 0%: growing)	n/m	+1,883.66% (above 0%: growing)	66.15%	37.93%	Compare
Median of peers	$268.6M	5.4×	4.9×	+2.15%	+238.54%	−1.37%	54.84%	30.39%

All 38 Marine Shipping stocks →

EuroDry (EDRY) key facts

Concern: EuroDry’s revenue for fiscal 2025 (year ended December 2025) was $52.3 million, down 14.4% from fiscal 2024.
EuroDry (EDRY) is a Marine Shipping company in the Industrials sector, listed on Nasdaq.
As of October 16, 2026, EDRY traded at $45.70, a market capitalization of $136.0 million.
Return on equity was −4.10% and debt-to-equity 0.89.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 0.71 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.