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Euroseas Ltd.

ESEA Industrials Marine Shipping

Euroseas Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $227.9 million, up 7.03% from fiscal 2024.

Revenue
−1.28%
EPS
+10.4%
Free cash flow
−70.1%
Total debt
−9.17%

Quarter to June 2026, against a year earlier

63.75 0.53 +0.84%
Market cap
$415.7M
P/E
3.3×
Fwd P/E
3.5×
Dividend yield
4.78%
F-score
6/9
Altman Z
2.66
Beneish M
−1.70
Dividend safety
78/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 0.24
Sold, $m 0.58
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — 1 — 1 — 1 — 1 —
Sell — — — — 2 — — — — 1 2 —
Insider Ownership 66.10%

Capital & Financial Ratios $m

Size
Market Cap 415.67
Revenue ttm 226.63
Net income ttm 135.32
Free cash flow ttm 138.30
Net debt Q 9.62
Valuation
P/E 3.27
Forward P/E 3.50
Price / sales 1.96
Forward P/S Powerpack
Price / FCF 3.22
Price / book 0.85
Financial health
Current ratio Q 5.46 (at or above 1.5: strong)
Debt / equity Q 0.39 (at or below 0.5: strong)
Interest coverage Q 12.51
Growth
Revenue growth Q −1.28% (below 0%: shrinking)
Operating income growth Q +0.18% (above 0%: growing)
EPS, this year −0.76% (below 0%: weak)
EPS, next year A −10.23% (below 0%: weak)
Revenue, next year A −2.97% (below 0%: weak)
EPS, past 5 yrs +102.44% (at or above 15%: strong)
EPS, next 5 yrs A −3.18% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 2.0×, against a ten-year median of 1.9×; over the ten years it ranged from 0.9× in 2016 to 3.8× in 2021.
P/E against its own 10 years 53.31%
10-year low 10-year high
P/S against its own 10 years 88.19%
10-year low 10-year high
P/B against its own 10 years 58.45%
10-year low 10-year high
EV/Sales against its own 10 years 62.23%
10-year low 10-year high
EV/FCF against its own 10 years 61.05%
10-year low 10-year high

Dividends raised every year since 2022

Yield
4.78%
Annual rate
3.05
Payout ratio
15.7%
Growth, 2022–25
+21.6%/yr
  1. 1.50 ’22
  2. 2.00 ’23 +33
  3. 2.40 ’24 +20
  4. 2.70 ’25 +13
  5. 3.20 ’26e +19
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 59 75 177 197
Receivables 4 5 12 18
Inventory 3 3 3 3
Other — 0 — 0
66 85 192 220
2023 2024 2025 Q'26
Payables 6 6 4 4
ST’ Debt 31 37 19 18
Other 1 2 2 1
51 57 39 40

Compound Annual Growth %

10y 5y 3y
Sales 19.72% 33.72% 7.64%
Cash Flow 0.00% 125.71% 7.35%
Earnings 0.00% 110.07% 8.84%
Book Value 13.81% 76.14% 40.20%

Earnings Trends EPS, adjusted, against the consensus

Jun 2026 Estimate 4.47 Actual 4.70

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Sep 2025 4.40 4.23 Miss by 0.17
Dec 2025 4.47 4.48 Beat by 0.01
Mar 2026 4.54 4.70 Beat by 0.16
Jun 2026 4.47 4.70 Beat by 0.23
Sep 2026 3.84 — Reports 17 November 2026

EPS $

Mar Jun Sep Dec Year
’26 4.65 4.74 — — —
’25 5.29 4.29 4.25 5.79 19.72
’24 2.87 5.84 3.95 3.49 16.20
’23 4.10 4.15 4.65 3.56 16.52
’22 4.13 4.24 3.50 2.86 14.78
’21 0.53 1.11 1.17 3.13 6.05
’20 0.32 0.20 0.01 0.07 0.58
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 56 57 — — —
’25 56 57 57 57 228
’24 47 59 54 53 213
’23 42 48 51 49 189
’22 45 48 46 43 183
’21 14 18 23 38 94
’20 15 14 12 12 53
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 38 37 — — —
’25 41 27 34 38 141
’24 25 34 33 35 128
’23 25 35 31 39 130
’22 30 34 31 19 114
’21 6 8 13 26 53
’20 2 2 (2) 1 2
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 29 8 — — —
’25 (3) 27 89 13 126
’24 (3) 70 32 (139) (41)
’23 35 35 30 29 129
’22 30 34 31 (16) 78
’21 6 8 12 27 53
’20 2 2 7 6 17
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 28 24 34 40 53 94 183 189 213 228 227 +26.0% 221 231 259 +4.4%
Gross margin, % 23.80 27.80 30.22 30.66 36.04 63.30 72.82 75.36 72.19 76.08 77.80 +52.3 pt
EBT (44) (7) (1) (2) (1) 43 106 115 113 137 135 n/m
EBT margin, % (155.57) (29.23) (1.93) (4.20) (2.27) 45.76 58.15 60.49 52.97 60.11 59.71 +215.7 pt
Net income (44) (7) (1) (2) 4 43 106 115 113 137 135 n/m
Per share, $
Per share, $ Revenue 27.85 17.17 24.33 13.99 9.26 13.46 25.44 27.32 30.69 32.82 32.55 +1.8%
Earnings (45.04) (5.68) (1.02) (1.21) 0.58 6.06 14.79 16.53 16.25 19.73 19.53 n/m
Cash flow (0.82) 3.65 (1.04) 1.13 0.42 7.54 15.88 18.76 18.47 20.33 21.24 n/m
Capex (22.66) (14.83) 4.42 (19.47) 2.54 0.00 (5.05) (0.12) (24.33) (2.19) (1.38) (22.9%)
Free cash flow (23.48) (11.17) 3.38 (18.34) 2.96 7.54 10.83 18.64 (5.85) 18.14 19.87 n/m
Book value 86.12 59.49 15.96 9.82 4.75 11.02 23.41 38.46 52.31 66.74 75.25 (2.8%)
Shares, m 1 1 1 3 6 7 7 7 7 7 7 +23.7%
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 7.65 3.52 1.07 1.72 1.88 2.77 3.27 1.9
P/S 0.39 0.63 0.19 0.25 0.50 1.56 0.62 1.04 1.00 1.66 1.96 0.8
P/B 0.20 0.32 1.75 0.48 0.97 1.91 0.67 0.74 0.58 0.82 0.85 0.8
EV/Sales 2.08 1.89 1.05 2.44 1.72 2.54 1.05 1.42 1.61 1.84 2.00 1.8
EV/FCF (2.46) (2.91) (3.08) (1.86) (3.88) 4.53 2.48 2.08 (8.44) 3.33 3.28 (1.0)
Cash, $m
Cash, $m Operating cash flow (1) 5 (1) 3 2 53 114 130 128 141 148 n/m
Capex (23) (21) 6 (56) 15 0 (36) (1) (169) (15) (10) (4.6%)
Free cash flow (24) (15) 5 (52) 17 53 78 129 (41) 126 138 n/m
Balance, $m
Balance, $m Working capital (1) (2) 0 (19) (19) (4) (27) 15 28 153 179 n/m
Net debt 48 30 30 88 65 91 79 71 131 40 10 (2.1%)
Shareholders’ equity 88 82 23 28 27 77 168 267 363 463 524 +20.3%
Returns, %
Returns, % ROA (29.10) (5.17) (1.26) (3.57) 2.82 25.52 38.63 30.41 22.20 21.21 19.21 +50.3 pt
ROIC (7.22) (3.01) 2.80 1.06 6.26 16.99 26.95 22.09 15.19 18.57 16.78 +25.8 pt
ROE (61.61) (15.68) (5.72) (28.50) 14.01 81.32 86.73 52.70 35.83 33.15 29.33 +94.8 pt
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 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 25 Oct 2026

Euroseas Ltd. vs peers in Marine Shipping (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
HSHP Himalaya Shipping Ltd. $704.7M 13.3× 8.8× +79.60% (above 0%: growing) +2,500.00% (above 0%: growing) +312.05% (above 0%: growing) 85.47% 68.34% Compare
ASC Ardmore Shipping Corporation $698.2M 6.4× 4.7× +7.96% (above 0%: growing) +33.40% (above 0%: growing) +103.64% (above 0%: growing) 38.73% 19.69% Compare
PANL Pangaea Logistics Solutions Ltd. $482.5M 6.4× 9.1× +29.87% (above 0%: growing) +210.53% (above 0%: growing) +76.28% (above 0%: growing) 0.00% 19.90% Compare
CMDB Costamare Bulkers Holdings Limited $432.3M 10.7× — — — −166.66% (below 0%: shrinking) 37.19% 6.44% Compare
ESEA Euroseas Ltd. $415.7M 3.3× 3.5× −1.28% (below 0%: shrinking) +10.42% (above 0%: growing) −70.14% (below 0%: shrinking) 78.65% 59.18%
SHIP Seanergy Maritime Holdings Corp $300.1M 4.9× 4.7× +48.58% (above 0%: growing) +764.29% (above 0%: growing) +144.12% (above 0%: growing) 75.84% 54.72% Compare
GASS StealthGas, Inc. $296.1M 5.0× 4.9× −9.16% (below 0%: shrinking) −16.36% (below 0%: shrinking) −4.48% (below 0%: shrinking) 52.20% 31.55% Compare
DSX Diana Shipping inc. $288.6M 4.8× 3.1× +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. $235.1M — (loss-making) — (loss-making) −3.28% (below 0%: shrinking) n/m −117.87% (below 0%: shrinking) 33.07% (2.44%) Compare
Median of peers $366.2M 6.4× 4.8× +7.96% +338.60% +39.01% 45.47% 20.52%

All 38 Marine Shipping stocks →

Euroseas Ltd. (ESEA) Latest News

27 Oct

Impact 3 · · Zacks

19 Oct

Impact 4 · · GlobeNewswire

6 Oct

Impact 3 · · Zacks

17 Aug

Impact 4 ·

14 Aug

Impact 3 · · Moby

13 Aug

Impact 3 · · MarketBeat transcript
Impact 3 ·
Impact 3 ·

15 Jun

Impact 4 ·

13 Jun

Impact 3 ·

3 Jun

Impact 3 ·

23 May

Impact 3 · · Simply Wall St.

22 May

Impact 3 · · Moby

21 May

Impact 3 · · MarketBeat
Impact 3 · · Zacks

15 May

Impact 4 ·

5 May

Impact 4 · · Simply Wall St.

30 Apr

Impact 4 · · GlobeNewswire

21 Apr

Impact 4 ·

15 Apr

Impact 3 · · GlobeNewswire

7 Apr

Impact 3 · · GlobeNewswire

25 Mar

Impact 4 · · Zacks

18 Mar

Impact 3 · · Zacks

17 Mar

Impact 4 · · GlobeNewswire

9 Mar

Impact 4 · · Zacks
Impact 4 · · Insider Monkey

4 Mar

Impact 4 · · GuruFocus.com

25 Feb

Impact 4 · · MarketBeat
Impact 4 · · Moby
Impact 3 · · Zacks
stockrow.com/ESEA · Data as of Oct 25, 2026 · For information only; not investment advice. · © 2026 stockrow.com