Star Bulk Carriers Corp.

SBLK Industrials Marine Shipping

Star Bulk Carriers Corp.’s revenue for fiscal 2025 (year ended December 2025) was $1.0 billion, down 17.6% from fiscal 2024. In the quarter to June 2026, revenue grew 44.5%, EPS grew 433,233.3%, free cash flow grew 25.8% and total debt fell 12.6%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

27.79 0.19 −0.68%
Market cap
$3.1B
P/E
10.9×
Fwd P/E
7.5×
Dividend yield
6.77%
F-score
5/9
Altman Z
1.26
Beneish M
−2.46
Dividend safety
57/100
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16
P/E ratio
26.18 5.12 11.62 3.33 3.39 88.30 0.00 12.19 0.00 0.00
Piotroski F-Score
5 8 5 4 8 7 3 6 6 4
P/S ratio
2.12 1.26 2.17 1.31 1.61 1.22 1.35 1.08 2.25 1.22
Altman Z-Score
1.26 1.09 1.24 1.65 1.77 0.19 0.27 0.22 (0.01) (0.51)
Altman Z″-Score (non-manufacturers)
2.18 2.19 1.33 2.49 2.84 0.23 0.01 0.46 (0.09) (0.26)
P/FCF ratio
4.70 2.06 3.62 2.53 4.49 0.00 0.00 0.00 0.00 0.00
Beneish M-Score
(2.46) (0.96) (2.82) (2.85) 0.74 (3.17) (2.52) (1.61) (2.74) (0.22)
P/Operating CF
21.86 20.94 23.24 16.21 7.74 14.62 20.79 11.77 16.74 37.64
Dividend Safety Score
57 — — — — — — — — —
P/B ratio
0.90 0.64 1.24 0.93 1.10 0.55 0.72 0.46 0.69 0.26
Price to Tangible BV
0.90 0.64 1.24 0.93 1.10 0.55 0.72 0.46 0.69 0.26
EV/Sales
2.67 1.92 3.20 2.00 2.32 3.14 3.06 2.04 3.85 7.58
EV/EBITDA
8.33 4.30 8.05 3.71 4.07 14.19 34.08 10.07 15.88 0.00
EV/Operating CF
9.39 5.16 9.03 3.73 4.32 12.74 28.37 7.86 15.43 (24.75)
EV/FCF
5.91 3.14 5.33 3.86 6.49 (16.06) (4.73) (4.00) (4.26) (24.75)
Quick Ratio
1.52 1.29 0.91 1.31 1.93 0.86 0.60 1.13 1.29 7.18
Current Ratio
1.78 1.65 1.26 1.78 2.35 1.15 0.86 1.34 1.43 8.13
Net Debt/EBITDA
1.71 1.47 2.59 1.27 1.14 5.69 6.97 2.64 4.29 (25.18)
Debt/Assets
28.10% 31.05% 40.76% 36.98% 39.72% 47.47% 47.23% 27.64% 37.15% 39.69%
Debt/Equity
0.44 0.51 0.74 0.63 0.72 0.98 0.99 0.55 0.73 0.77
Asset Turnover
0.26 0.36 0.29 0.40 0.41 0.22 0.26 0.25 0.16 0.11
Operating CF/Net income
3.52 1.55 1.93 1.36 1.13 17.66 (5.46) 2.89 (8.47) 0.22
Capex/Depreciation
0.89 1.66 1.68 (0.15) (0.85) (0.48) (2.27) (3.15) (1.51) 0.00
Interest Coverage
1.92 4.17 3.34 11.56 13.20 1.21 0.84 1.79 0.77 (2.65)
ROE
3.41% 14.71% 9.43% 27.61% 37.50% 0.62% (1.06%) 4.48% (0.92%) (14.20%)
ROA
2.13% 8.56% 5.37% 15.75% 19.59% 0.30% (0.52%) 2.26% (0.47%) (7.41%)
ROIC
2.83% 7.22% 5.66% 12.64% 14.91% 1.83% 1.56% 3.85% 1.50% (4.14%)
Return on Tangible Assets
2.65% 8.79% 6.59% 18.25% 19.99% 0.33% (0.55%) 2.14% (0.52%) (8.09%)
Average Days of Receivables
29.31 22.90 26.41 21.45 23.20 20.50 26.78 22.41 20.62 24.53
Research and Development Expense of Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Selling, General and Administrative Expense of Revenue
6.77% 5.59% 5.73% 3.95% 2.77% 4.60% 4.24% 5.21% 9.32% 11.08%
Intangible Assets out of Total Assets
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Share Based Compensation of Revenue
1.71% 1.45% 2.20% 1.98% 0.72% 0.67% 0.97% 1.24% 2.79% 1.88%
Graham Net Nets
(0.30) (0.59) (0.44) (0.48) (0.43) (1.57) (1.29) (1.71) (1.00) (2.76)
Graham Number
18.76 39.06 26.13 49.68 55.58 6.02 0.00 18.24 0.00 0.00
Earnings Yield
3.82% 19.53% 8.61% 30.07% 29.47% 1.13% (1.61%) 8.21% (1.44%) (58.10%)
Free Cash Flow Yield
21.28% 48.46% 27.62% 39.48% 22.26% (15.95%) (47.93%) (47.15%) (40.26%) (25.19%)
Revenue per Share
9.07 11.84 9.64 14.07 14.11 7.21 8.76 8.46 5.27 4.67
Operating CF per Share
2.57 4.41 3.41 7.54 7.58 1.77 0.94 2.19 1.31 (0.70)
Capex per Share
1.52 2.84 2.37 (0.25) (1.29) (0.75) (3.10) (4.26) (2.04) 0.00
Free Cash Flow per Share
4.09 7.25 5.78 7.29 6.29 1.02 (2.15) (2.07) (0.73) (0.70)
Cash per Share
4.35 4.08 2.64 2.78 4.66 1.98 1.34 2.74 4.21 3.93
Shareholders Equity per Share
21.30 23.22 16.86 19.77 20.56 16.12 16.47 19.73 17.26 21.80
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
21.30 23.22 16.86 19.77 20.56 16.12 16.47 19.73 17.26 21.80
Free Cash Flow
470.33 774.39 568.65 744.50 636.92 98.49 (201.98) (159.62) (45.73) (33.45)
Working Capital
299.67 259.16 95.03 219.54 392.13 40.98 (44.89) 76.12 93.35 200.35
Capital Expenditures
174.40 303.23 232.88 (25.40) (130.15) (72.06) (290.51) (328.63) (128.53) (396.15)
Net Current Asset Value
(672.78) (945.63) (913.79) (912.19) (991.78) (1,334.85) (1,428.59) (1,203.26) (745.09) (746.01)
EV/EBIT
20.31 6.35 12.72 4.73 4.48 25.88 34.08 10.07 32.89 0.00
Capex to Sales
(0.17) (0.24) (0.25) 0.02 0.09 0.10 0.35 0.50 0.39 0.00
Price to Operating Income
16.15 4.17 8.63 3.10 3.10 10.11 15.02 5.34 19.20 0.00
Other line items
Depreciation/Fixed assets
0.07 0.06 0.05 0.06 0.05 0.05 0.04 0.04 0.05 0.05
Cash ROIC
11.70% 18.50% 18.03% 20.83% 15.76% 3.03% (6.31%) (6.22%) (2.13%) (1.65%)
Accounts Receivable Turnover
12.78 17.09 12.40 16.41 22.02 13.98 16.38 22.18 19.72 16.44
Accounts Payable Turnover
12.66 14.56 14.97 21.63 17.57 11.48 17.80 22.80 23.20 23.81
Inventory Turnover
9.84 9.39 8.26 8.21 7.85 8.82 14.44 15.06 10.37 12.11
Average Days of Payables
28.21 28.45 26.83 20.09 16.59 27.62 27.52 21.71 20.66 10.89
Days of Inventory on Hand
29.37 43.33 42.56 41.98 57.05 39.76 32.91 28.42 40.19 30.45
Average Receivables
81.55 74.04 76.56 87.58 64.83 49.60 50.14 29.38 16.84 13.51
Average Payables
50.52 45.45 35.73 26.99 27.35 37.82 31.87 15.45 7.57 7.32
Average Inventory
65.03 70.48 64.76 71.12 61.19 49.22 39.29 23.39 16.94 14.39
Average Assets
3,945.88 3,557.32 3,230.94 3,594.17 3,473.26 3,215.23 3,130.40 2,583.95 2,078.73 2,080.27
Average Common Equity
2,465.52 2,070.92 1,839.71 2,049.68 1,814.77 1,546.78 1,532.04 1,304.05 1,062.64 1,086.29

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Columns are period end dates