Star Bulk Carriers Corp. (SBLK)

Star Bulk Carriers Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,051	1,265	949.27	1,437	1,427	693.24
Revenue Growth (YoY)	-13.87%	33.31%	-33.95%	0.68%	105.91%	-15.60%
Cost of Revenue	690.4	682.82	554.52	616.45	497.18	450.48
Gross Profit	360.43	582.64	394.75	820.71	930.25	242.76
Selling, General & Admin	72.23	70.78	54.41	56.83	39.5	31.88
Other Operating Expenses	-1.18	6.69	5.19	-2.58	2.74	0.39
Operating Expenses	242.76	241.83	198.33	211.66	195.51	174.93
Operating Income	117.67	340.8	196.41	609.05	734.74	67.83
Interest Expense	-78.07	-92.75	-73.27	-51.41	-54.32	-67.04
Interest & Investment Income	16.39	16.38	15.23	7.05	0.32	0.27
Earnings From Equity Investments	-0.1	-0	0.06	0.11	0.12	0.04
Currency Exchange Gain (Loss)	0.1	0.1	-	-	-	-
Other Non Operating Income (Expenses)	5.73	-5.07	-2.92	-2.62	1.84	13.64
EBT Excluding Unusual Items	61.73	259.46	135.51	562.18	682.7	14.74
Gain (Loss) on Sale of Assets	-2.67	43.29	29.4	-	-	-
Asset Writedown	-1.8	-1.8	-17.84	-	-	-
Other Unusual Items	-0.54	-1.14	-7.25	4.06	-2.16	-4.92
Pretax Income	61.47	304.54	173.74	566.24	680.55	9.81
Income Tax Expense	-	-0.12	0.18	0.24	0.02	0.15
Net Income	61.47	304.65	173.56	566	680.53	9.66
Net Income to Common	61.47	304.65	173.56	566	680.53	9.66
Net Income Growth	-79.64%	75.54%	-69.34%	-16.83%	6944.82%	-
Shares Outstanding (Basic)	116	107	98	102	101	96
Shares Outstanding (Diluted)	116	109	99	103	101	96
Shares Change (YoY)	15.36%	9.88%	-3.52%	1.04%	5.40%	2.72%
EPS (Basic)	0.53	2.85	1.76	5.54	6.73	0.10
EPS (Diluted)	0.53	2.80	1.75	5.52	6.71	0.10
EPS Growth	-82.40%	60.00%	-68.30%	-17.73%	6610.00%	-
Free Cash Flow	-	416.06	317.69	744.5	636.92	98.49
Free Cash Flow Per Share	-	3.83	3.21	7.26	6.28	1.02
Dividend Per Share	0.300	2.140	1.420	5.100	4.250	-
Dividend Growth	-88.00%	50.70%	-72.16%	20.00%	-	-
Gross Margin	34.30%	46.04%	41.58%	57.11%	65.17%	35.02%
Operating Margin	11.20%	26.93%	20.69%	42.38%	51.47%	9.79%
Profit Margin	5.85%	24.07%	18.28%	39.38%	47.67%	1.39%
Free Cash Flow Margin	-	32.88%	33.47%	51.80%	44.62%	14.21%
EBITDA	289.53	504.86	334.84	765.78	887.19	208.94
EBITDA Margin	27.55%	39.90%	35.27%	53.29%	62.15%	30.14%
D&A For EBITDA	171.86	164.06	138.43	156.73	152.45	141.11
EBIT	117.67	340.8	196.41	609.05	734.74	67.83
EBIT Margin	11.20%	26.93%	20.69%	42.38%	51.47%	9.79%
Effective Tax Rate	-	-	0.10%	0.04%	0.00%	1.55%

Updated Nov 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q