Star Bulk Carriers Corp. (SBLK)

Star Bulk Carriers Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	287.15	84.17	304.65	173.56	566	680.53
Depreciation & Amortization	190.45	196.65	182.44	148.22	167.37	152.45
Other Amortization	2.89	3.14	3.58	3.66	4.92	6.51
Loss (Gain) From Sale of Assets	-2.91	18.31	-43.29	-29.4	-	-
Asset Writedown & Restructuring Costs	-	-	1.8	17.84	-	-
Loss (Gain) on Equity Investments	0.86	0.91	0	-0.06	-0.11	-0.12
Stock-Based Compensation	17.27	17.8	18.33	20.88	28.48	10.34
Provision & Write-off of Bad Debts	0.1	-	0.31	0.3	0.68	0.63
Other Operating Activities	3.25	-9.68	2.97	-4.06	11.06	0.34
Change in Accounts Receivable	-27.01	-4.28	33.6	14.4	-3.65	-43.6
Change in Inventory	-1.43	25.64	1.93	-5.85	-9.41	-27.78
Change in Accounts Payable	25.28	6.69	-6.62	7.31	11.56	-8.04
Change in Unearned Revenue	11.98	3.06	-3.65	0.05	-8.28	13.29
Change in Other Net Operating Assets	-52.48	-46.48	-24.9	-11.06	1.27	-17.47
Operating Cash Flow	455.21	295.94	471.15	335.78	769.9	767.07
Operating Cash Flow Growth	43.47%	-37.19%	40.32%	-56.39%	0.37%	349.76%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-168.17	-83.99	-55.1	-18.09	-25.4	-130.15
Sale of Property, Plant & Equipment	188.86	174.4	303.23	195.97	-	-
Cash Acquisitions	-	-	104.33	-	-	-
Investment in Securities	0.11	-1.41	-	-	-	-
Other Investing Activities	3.29	12.16	3.72	57.64	4.53	8.88
Investing Cash Flow	24.09	101.16	356.18	235.52	-20.87	-121.26

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	-	378	388.12	441.41	315	470.65
Long-Term Debt Repaid	-	-579.63	-730.13	-492.57	-576.03	-593.18
Net Debt Issued (Repaid)	-150.82	-201.63	-342.01	-51.17	-261.03	-122.53
Issuance of Common Stock	-	-	-	13.17	19.79	-
Repurchase of Common Stock	-75.57	-98.13	-25.31	-393.11	-20.07	-10.28
Common Dividends Paid	-115.87	-34.38	-277.01	-158.05	-668.7	-230.24
Other Financing Activities	-2.52	-1.9	-3.88	-6.73	-5.96	-5.02
Financing Cash Flow	-344.78	-336.04	-648.2	-595.89	-935.95	-368.07

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash Flow	134.52	61.05	179.13	-24.59	-186.93	277.74

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	287.04	211.95	416.06	317.69	744.5	636.92
Free Cash Flow Growth	1.57%	-49.06%	30.96%	-57.33%	16.89%	546.67%
Free Cash Flow Margin	23.86%	20.33%	32.88%	33.47%	51.80%	44.62%
Free Cash Flow Per Share	2.54	1.84	3.83	3.21	7.26	6.28
Levered Free Cash Flow	169.82	198.29	338.76	235.28	552.78	364.81
Unlevered Free Cash Flow	201.97	238.43	393.15	277.41	580	392.25

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	52.81	58.5	87.52	56.03	49.6	49.66
Change in Working Capital	-43.65	-15.37	0.35	4.85	-8.5	-83.61

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 17, 2026

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