SBLK Stock Financial Analysis - Star Bulk Carriers Corp. (NasdaqGS) Stock

Overview

Star Bulk Carriers Corp., based in Athens, Greece, operates within the global shipping industry, primarily focusing on the transportation of dry bulk commodities. As one of the largest dry bulk shipping companies, it has steadily expanded its fleet through strategic acquisitions to include a significant number of vessels capable of carrying a wide range of bulk cargo such as minerals, coal, and grains. Star Bulk Carriers Corp. leverages its comprehensive logistical framework to facilitate global trade, emphasizing operational efficiency and environmental consciousness in its operations. The company's expansion strategy and dedication to leveraging technology for fleet management underline its role as a key player in international maritime freight.

Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income

The revenue for Star Bulk Carriers Corp. as of June 30, 2025 is 1,131.25 MM.
The operating income for Star Bulk Carriers Corp. as of June 30, 2025 is 167.96 MM.
The net income for Star Bulk Carriers Corp. as of June 30, 2025 is 124.22 MM.

Period End (TTM)	Revenue (MM)	Operating Income (MM)	Net Income (MM)
2025-06-30	1,131.25	167.96	124.22
2025-03-31	1,236.72	259.86	230.26
2024-12-31	1,265.46	340.80	304.65
2024-09-30	1,220.00	358.61	301.92
2024-06-30	1,098.81	338.36	264.30
2024-03-31	984.62	253.07	202.54
2023-12-31	949.27	196.41	173.56
2023-09-30	980.61	221.94	219.65
2023-06-30	1,121.66	273.50	285.68
2023-03-31	1,300.31	457.06	441.51
2022-12-31	1,437.16	609.05	566.00
2022-09-30	1,642.21	838.23	780.35
2022-06-30	1,693.76	944.88	891.07
2022-03-31	1,587.84	879.59	815.13
2021-12-31	1,427.42	734.74	680.53
2021-09-30	1,113.59	465.86	408.15
2021-06-30	898.12	289.54	211.00
2021-03-31	732.85	125.39	42.67
2020-12-31	693.24	67.83	9.66
2020-09-30	755.86	75.59	5.38

Income Statement: EPS

Period End (TTM)	Earnings Per Share Basic	Earnings Per Share Diluted
2025-06-30
2025-03-31	2.00	1.96
2024-12-31	2.85	2.80
2024-09-30	3.04	2.98
2024-06-30	2.77	2.72
2024-03-31	2.16	2.15
2023-12-31	1.76	1.75
2023-09-30	2.71	2.70
2023-06-30	2.79	2.77
2023-03-31	4.31	4.29
2022-12-31	5.54	5.52
2022-09-30	6.32	6.30
2022-06-30	8.73	8.71
2022-03-31	7.99	7.98
2021-12-31	6.73	6.71
2021-09-30	4.09	4.07
2021-06-30	2.15	2.14
2021-03-31	0.44	0.44
2020-12-31	0.10	0.10
2020-09-30	0.06	0.06

Cash Flow: Operations, Investing, Financing

The cash from operating activities for Star Bulk Carriers Corp. as of June 30, 2025 is 317.29 MM.
The cash from investing activities for Star Bulk Carriers Corp. as of June 30, 2025 is 123.45 MM.
The cash from financing activities for Star Bulk Carriers Corp. as of June 30, 2025 is -495.51 MM.

Period End (TTM)	Cash From Operating Activities (MM)	Cash From Investing Activities (MM)	Cash From Financing Activities (MM)
2025-06-30	317.29	123.45	-495.51
2025-03-31	405.40	293.04	-530.14
2024-12-31	471.15	356.18	-648.20
2024-09-30	483.46	363.15	-676.39
2024-06-30	412.57	448.76	-677.24
2024-03-31	366.85	313.11	-665.99
2023-12-31	335.78	235.52	-595.89
2023-09-30	363.51	181.97	-635.87
2023-06-30	480.88	104.23	-634.03
2023-03-31	623.93	-21.09	-792.68
2022-12-31	769.90	-20.87	-935.95
2022-09-30
2022-06-30	1,016.49	-58.87	-850.03
2022-03-31	917.05	-65.79	-613.42
2021-12-31	767.07	-121.26	-368.07
2021-09-30
2021-06-30	334.76	-126.41	-73.20
2021-03-31	217.63	-94.68	-47.69
2020-12-31	170.55	-66.33	-34.95
2020-09-30

Valuation Metrics : PE, PriceToBook, PriceToTBV

The p/e for Star Bulk Carriers Corp. as of June 30, 2025 is 8.75.
The p/book for Star Bulk Carriers Corp. as of June 30, 2025 is 0.82.
The p/tbv for Star Bulk Carriers Corp. as of June 30, 2025 is 0.82.

P/Book: The current closing price divided by the book value per share.

P/TBV: The current price divided by the tangible book value per share.

Period End (TTM)	p/e	P/Book	P/TBV
2025-06-30	8.75	0.82	0.82
2025-03-31		0.75	0.75
2024-12-31	5.74	0.69	0.69
2024-09-30	10.58	1.14	1.14
2024-06-30	13.73	1.64	1.64
2024-03-31	11.65	1.22	1.22
2023-12-31	8.12	0.98	0.98
2023-09-30	6.97	1.00	1.00
2023-06-30	4.07	0.90	0.90
2023-03-31	3.84	1.08	1.08
2022-12-31		0.96	0.96
2022-09-30		0.85	0.85
2022-06-30		1.24
2022-03-31	4.46	1.46	1.46
2021-12-31	5.67	1.21	1.21
2021-09-30	11.66	1.40	1.40
2021-06-30
2021-03-31	67.67	1.75	1.75
2020-12-31	284.98	1.78	1.78
2020-09-30	505.58	1.79	1.79

Valuation Metrics : EBitToEv, EBit3YrAvgToEv

The ebit/ev for Star Bulk Carriers Corp. as of June 30, 2025 is 0.08.
The ebit (3y)/ev for Star Bulk Carriers Corp. as of June 30, 2025 is 0.09.

Period End (TTM)	EBIT/EV	EBIT (3y)/EV
2025-06-30	0.08	0.09
2025-03-31	0.11	0.12
2024-12-31	0.11	0.13
2024-09-30	0.07	0.11
2024-06-30	0.06	0.13
2024-03-31	0.06	0.16
2023-12-31	0.09	0.19
2023-09-30	0.10	0.16
2023-06-30	0.16	0.18
2023-03-31	0.18	0.15
2022-12-31	0.26	0.13
2022-09-30	0.32	0.16
2022-06-30	0.23	0.09
2022-03-31	0.17	0.06
2021-12-31	0.12	0.04
2021-09-30	0.05	0.02
2021-06-30
2021-03-31	0.01	0.01
2020-12-31	0.00	0.00
2020-09-30	0.00	0.00

Management Effectiveness

The roa for Star Bulk Carriers Corp. as of June 30, 2025 is 0.05.
The roe for Star Bulk Carriers Corp. as of June 30, 2025 is 0.09.
The roic for Star Bulk Carriers Corp. as of June 30, 2025 is 0.06.
The croic for Star Bulk Carriers Corp. as of June 30, 2025 is 0.04.
The ocroic for Star Bulk Carriers Corp. as of June 30, 2025 is 0.10.

Period End (TTM)	ROA	ROE	ROIC	CROIC	OCROIC
2025-06-30	0.05	0.09	0.06	0.04	0.10
2025-03-31	0.10	0.18	0.08	0.05	0.12
2024-12-31	0.10	0.18	0.07	0.04	0.12
2024-09-30	0.08	0.15	0.06	0.04	0.10
2024-06-30	0.06	0.10	0.07	0.00	0.13
2024-03-31	0.05	0.09	0.06	-0.01	0.11
2023-12-31	0.06	0.11	0.08	-0.03	0.13
2023-09-30	0.08	0.14	0.09	-0.02	0.15
2023-06-30	0.12	0.21	0.09	-0.01	0.15
2023-03-31	0.15	0.27	0.13	-0.06	0.19
2022-12-31	0.22	0.41	0.22	0.00	0.00
2022-09-30	0.25	0.47	0.22	0.03	0.29
2022-06-30	0.23	0.46	0.24	0.03	0.28
2022-03-31	0.20	0.41	0.22	0.06	0.25
2021-12-31	0.13	0.26	0.16	0.07	0.00
2021-09-30	0.13	0.14	0.10	0.03	0.09
2021-06-30	0.07	0.14	0.06	0.04	0.09
2021-03-31	0.01	0.03	0.01	0.02	0.06
2020-12-31	0.00	0.01	0.00	0.02	0.05
2020-09-30	0.00	0.00	0.00	0.00	0.04

Gross Margins

The gross margin for Star Bulk Carriers Corp. as of June 30, 2025 is 0.41.
The net margin for Star Bulk Carriers Corp. as of June 30, 2025 is 0.19.
The operating margin for Star Bulk Carriers Corp. as of June 30, 2025 is 0.20.

Gross Margin: The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.

Net Margin: The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.

Operating Margin: The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.

Period End (TTM)	Gross Margin	Net Margin	Operating Margin
2025-06-30	0.41	0.19	0.20
2025-03-31	0.46	0.24	0.27
2024-12-31	0.48	0.25	0.27
2024-09-30	0.48	0.24	0.25
2024-06-30	0.45	0.21	0.26
2024-03-31	0.41	0.18	0.24
2023-12-31	0.43	0.22	0.23
2023-09-30	0.46	0.25	0.28
2023-06-30	0.52	0.25	0.27
2023-03-31	0.58	0.34	0.38
2022-12-31	0.64	0.48	0.51
2022-09-30	0.68	0.48	0.51
2022-06-30	0.68	0.53	0.56
2022-03-31	0.66	0.51	0.55
2021-12-31	0.59	0.48	0.52
2021-09-30	0.52	0.37	0.42
2021-06-30	0.52	0.23	0.31
2021-03-31	0.41	0.06	0.17
2020-12-31	0.35	0.01	0.10
2020-09-30	0.33	0.01	0.08