Star Bulk Carriers (SBLK) Financial Statements
Price: $14.365
Market Cap: $1.68B
Avg Volume: 2.45M
Market Cap: $1.68B
Avg Volume: 2.45M
Country: GR
Industry: Marine Shipping
Sector: Industrials
Industry: Marine Shipping
Sector: Industrials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Star Bulk Carriers.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.27B | $949.27M | $1.44B | $1.43B | $693.24M | $821.37M | $651.56M | $331.98M | $222.11M | $234.29M |
| Cost of Revenue | $844.96M | $554.52M | $759.69M | $652.45M | $594.87M | $709.06M | $466.51M | $265.86M | $263.76M | $292.15M |
| Gross Profit | $420.50M | $394.75M | $677.46M | $774.97M | $98.37M | $112.30M | $185.05M | $66.11M | $-41.66M | $-57.87M |
| Gross Profit Ratio | 33.23% | 41.58% | 47.14% | 54.29% | 14.19% | 13.67% | 28.40% | 19.91% | -18.76% | -24.70% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $70.78M | $53.84M | $56.83M | $39.50M | $31.88M | $34.82M | $33.97M | $30.95M | $24.60M | $23.62M |
| Selling and Marketing Expenses | $- | $874.00K | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $70.78M | $54.71M | $56.83M | $39.50M | $31.88M | $34.82M | $33.97M | $30.95M | $24.60M | $23.62M |
| Other Expenses | $-33.27M | $101.58M | $-6.41M | $-1.48M | $-3.23M | $-816.00K | $-191.00K | $-989.00K | $-503.00K | $-592.00K |
| Operating Expenses | $37.50M | $156.29M | $50.41M | $38.02M | $28.65M | $34.00M | $34.69M | $28.04M | $23.04M | $23.03M |
| Cost and Expenses | $882.46M | $710.81M | $810.10M | $690.47M | $623.52M | $743.06M | $501.20M | $293.90M | $286.80M | $315.18M |
| Interest Income | $945.00K | $31.77M | $7.05M | $315.00K | $267.00K | $1.30M | $1.87M | $3.00M | $876.00K | $1.09M |
| Interest Expense | $92.77M | $87.86M | $52.58M | $47.80M | $69.56M | $80.38M | $68.22M | $47.24M | $37.76M | $29.66M |
| Depreciation and Amortization | $164.06M | $138.43M | $156.73M | $152.45M | $141.11M | $122.27M | $101.03M | $82.62M | $82.19M | $82.07M |
| EBITDA | $560.42M | $405.21M | $785.49M | $888.91M | $211.30M | $193.74M | $233.16M | $117.57M | $-26.89M | $-339.53M |
| EBITDA Ratio | 44.29% | 42.69% | 54.66% | 62.27% | 30.48% | 23.59% | 35.78% | 35.42% | -12.10% | -144.92% |
| Operating Income | $383.00M | $238.46M | $466.84M | $739.40M | $-73.82M | $72.25M | $131.94M | $38.84M | $-67.78M | $-425.57M |
| Operating Income Ratio | 30.27% | 25.12% | 32.48% | 51.80% | -10.65% | 8.80% | 20.25% | 11.70% | -30.52% | -181.65% |
| Total Other Income Expenses Net | $-78.45M | $-64.78M | $-41.46M | $-58.98M | $8.26M | $-89.84M | $-73.52M | $-48.47M | $-44.83M | $-32.81M |
| Income Before Tax | $304.54M | $173.68M | $566.24M | $680.43M | $9.78M | $-16.15M | $58.41M | $-9.63M | $-154.09M | $-458.39M |
| Income Before Tax Ratio | 24.07% | 18.30% | 39.40% | 47.67% | 1.41% | -1.97% | 8.97% | -2.90% | -69.38% | -195.65% |
| Income Tax Expense | $116.00K | $183.00K | $244.00K | $16.00K | $152.00K | $109.00K | $61.00K | $236.00K | $267.00K | $348.71M |
| Net Income | $304.65M | $173.56M | $566.00M | $680.53M | $9.66M | $-16.25M | $58.40M | $-9.77M | $-154.23M | $-458.18M |
| Net Income Ratio | 24.07% | 18.28% | 39.38% | 47.68% | 1.39% | -1.98% | 8.96% | -2.94% | -69.44% | -195.56% |
| EPS | $2.85 | $1.76 | $5.54 | $6.73 | $0.10 | $-0.17 | $0.76 | $-0.16 | $-3.24 | $-11.71 |
| EPS Diluted | $2.80 | $1.75 | $5.52 | $6.71 | $0.10 | $-0.17 | $0.76 | $-0.16 | $-3.24 | $-11.71 |
| Weighted Average Shares Outstanding | 106.88M | 98.46M | 102.15M | 101.18M | 96.13M | 93.74M | 77.06M | 61.07M | 47.57M | 39.12M |
| Weighted Average Shares Outstanding Diluted | 108.70M | 98.93M | 102.54M | 101.48M | 96.28M | 93.74M | 77.33M | 63.03M | 47.57M | 39.12M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $425.07M | $227.48M | $284.32M | $450.29M | $190.51M | $117.82M | $204.92M | $257.91M | $181.76M | $211.82M |
| Short Term Investments | $2.86M | $2.02M | $21.71M | $549.00K | $- | $- | $50.00K | $77.00K | $41.00K | $- |
| Cash and Short Term Investments | $436.28M | $259.73M | $284.32M | $450.29M | $190.51M | $117.82M | $204.92M | $257.91M | $181.76M | $211.82M |
| Net Receivables | $- | $68.62M | $84.44M | $119.38M | $56.62M | $78.02M | $46.51M | $22.97M | $20.57M | $20.70M |
| Inventory | $- | $62.36M | $67.16M | $75.08M | $47.29M | $51.15M | $27.44M | $19.34M | $14.53M | $14.25M |
| Other Current Assets | $222.69M | $59.41M | $80.73M | $38.18M | $38.82M | $19.05M | $19.97M | $16.78M | $19.60M | $18.87M |
| Total Current Assets | $658.97M | $450.12M | $502.09M | $682.92M | $307.41M | $266.04M | $298.84M | $312.63M | $228.47M | $252.06M |
| Property Plant Equipment Net | $3.24B | $2.57B | $2.88B | $3.06B | $2.88B | $2.97B | $2.66B | $1.78B | $1.71B | $1.76B |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $254.00K |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $254.00K |
| Long Term Investments | $1.73M | $4.27M | $1.68M | $1.57M | $1.32M | $1.16M | $1.11M | $1.06M | $970.00K | $844.00K |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $127.91M |
| Other Non-Current Assets | $189.79M | $6.30M | $48.30M | $8.93M | $5.94M | $4.72M | $66.08M | $56.99M | $75.06M | $26.27M |
| Total Non-Current Assets | $3.43B | $2.58B | $2.93B | $3.07B | $2.88B | $2.97B | $2.72B | $1.83B | $1.78B | $1.91B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $0 |
| Total Assets | $4.09B | $3.03B | $3.43B | $3.75B | $3.19B | $3.24B | $3.02B | $2.15B | $2.01B | $2.16B |
| Account Payables | $51.59M | $39.32M | $32.14M | $21.84M | $32.85M | $42.78M | $20.96M | $9.94M | $5.20M | $9.44M |
| Short Term Debt | $252.10M | $257.11M | $191.90M | $207.13M | $189.77M | $202.50M | $166.84M | $189.31M | $6.24M | $131.63M |
| Tax Payables | $- | $71.00K | $250.00K | $60.00K | $134.00K | $- | $232.00K | $238.00K | $267.00K | $- |
| Deferred Revenue | $17.30M | $16.74M | $16.68M | $24.96M | $11.68M | $7.37M | $10.86M | $7.23M | $2.06M | $2.46M |
| Other Current Liabilities | $78.82M | $46.13M | $49.67M | $36.80M | $32.00M | $58.28M | $23.83M | $12.56M | $14.36M | $23.42M |
| Total Current Liabilities | $399.81M | $359.36M | $282.56M | $290.80M | $266.43M | $310.93M | $222.72M | $219.27M | $28.12M | $166.95M |
| Long Term Debt | $1.20B | $1.01B | $1.13B | $1.38B | $1.37B | $1.38B | $1.28B | $837.88M | $945.88M | $846.11M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $51.00K | $126.00K |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $-51.00K | $-126.00K |
| Other Non-Current Liabilities | $850.00K | $1.00M | $831.00K | $1.06M | $2.33M | $3.24M | $4.22M | $560.00K | $417.00K | $305.00K |
| Total Non-Current Liabilities | $1.20B | $1.01B | $1.13B | $1.38B | $1.38B | $1.38B | $1.28B | $838.44M | $946.35M | $1.03B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-166.95M |
| Total Liabilities | $1.60B | $1.37B | $1.41B | $1.67B | $1.64B | $1.69B | $1.50B | $1.06B | $974.47M | $1.03B |
| Preferred Stock | $- | $- | $- | $- | $- | $0 | $- | $- | $- | $- |
| Common Stock | $- | $840.00K | $1.03M | $1.02M | $971.00K | $961.00K | $926.00K | $642.00K | $566.00K | $2.19M |
| Retained Earnings | $- | $-633.22M | $-648.72M | $-546.26M | $-996.31M | $-1.00B | $-980.16M | $-1.04B | $-1.03B | $-872.30M |
| Accumulated Other Comprehensive Income Loss | $- | $5.39M | $20.96M | $6.93M | $-3.99M | $-0 | $0 | $605.00K | $-294.00K | $-1.22M |
| Other Total Stockholders Equity | $2.48B | $2.29B | $2.65B | $2.62B | $2.55B | $2.54B | $2.50B | $2.12B | $2.06B | $2.01B |
| Total Stockholders Equity | $2.48B | $1.66B | $2.02B | $2.08B | $1.55B | $1.54B | $1.52B | $1.09B | $1.04B | $1.14B |
| Total Equity | $2.48B | $1.66B | $2.02B | $2.08B | $1.55B | $1.54B | $1.52B | $1.09B | $1.04B | $1.14B |
| Total Liabilities and Stockholders Equity | $4.09B | $3.03B | $3.43B | $3.75B | $3.19B | $3.24B | $3.02B | $2.15B | $2.01B | $2.16B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $4.09B | $3.03B | $3.43B | $3.75B | $3.19B | $3.24B | $3.02B | $2.15B | $2.01B | $2.16B |
| Total Investments | $4.60M | $6.29M | $1.68M | $1.57M | $1.32M | $1.16M | $1.11M | $1.06M | $970.00K | $844.00K |
| Total Debt | $1.46B | $1.26B | $1.29B | $1.59B | $1.56B | $1.58B | $1.44B | $1.03B | $951.32M | $991.26M |
| Net Debt | $1.03B | $1.04B | $1.00B | $1.14B | $1.37B | $1.47B | $1.24B | $769.27M | $769.57M | $779.43M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $304.65M | $173.56M | $566.00M | $680.53M | $9.66M | $-16.20M | $58.40M | $-9.77M | $-154.23M | $-458.18M |
| Depreciation and Amortization | $164.06M | $138.43M | $167.37M | $152.64M | $142.29M | $124.28M | $102.85M | $82.62M | $81.94M | $82.07M |
| Deferred Income Tax | $- | $- | $- | $2.26M | $3.97M | $14.23M | $19.34M | $-3.29M | $267.00K | $343.21M |
| Stock Based Compensation | $- | $20.88M | $28.48M | $10.34M | $4.62M | $7.94M | $8.07M | $9.27M | $4.17M | $2.68M |
| Change in Working Capital | $354.00K | $4.85M | $-8.50M | $-83.61M | $5.26M | $-43.07M | $-20.89M | $-154.00K | $-9.98M | $1.24M |
| Accounts Receivables | $- | $7.91M | $-3.65M | $-43.60M | $20.32M | $-20.38M | $-22.27M | $-5.95M | $-1.68M | $13.88M |
| Inventory | $- | $-5.85M | $-9.41M | $-27.78M | $3.86M | $-23.72M | $-8.09M | $-4.81M | $-184.00K | $121.00K |
| Accounts Payables | $- | $7.31M | $11.56M | $-8.04M | $-3.05M | $3.63M | $10.29M | $4.71M | $-4.24M | $-5.28M |
| Other Working Capital | $354.00K | $-4.52M | $-7.00M | $-4.18M | $-15.87M | $-2.59M | $-819.00K | $5.90M | $-3.88M | $-7.48M |
| Other Non Cash Items | $-1.69M | $-1.93M | $16.55M | $4.91M | $4.75M | $1.34M | $1.23M | $2.30M | $44.39M | $14.40M |
| Net Cash Provided by Operating Activities | $467.38M | $335.78M | $769.90M | $767.07M | $170.55M | $88.53M | $169.01M | $80.97M | $-33.45M | $-14.58M |
| Investments in Property Plant and Equipment | $-55.09M | $-18.09M | $-25.40M | $-130.15M | $-72.06M | $-347.14M | $-328.63M | $-143.68M | $-396.15M | $-473.92M |
| Acquisitions Net | $303.23M | $250.97M | $- | $- | $- | $56.63M | $- | $15.15M | $-16.00M | $-404.00M |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $-7.04M | $-4.53M |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $463.00K | $7.25M | $4.50M |
| Other Investing Activities | $108.04M | $2.64M | $4.53M | $8.88M | $5.72M | $10.67M | $3.31M | $16.83M | $398.94M | $480.38M |
| Net Cash Used for Investing Activities | $356.18M | $235.52M | $-20.87M | $-121.26M | $-66.33M | $-279.84M | $-325.33M | $-126.85M | $-13.22M | $-397.53M |
| Debt Repayment | $-342.01M | $-51.16M | $-261.02M | $-122.53M | $-21.12M | $144.39M | $112.94M | $74.52M | $-29.44M | $129.46M |
| Common Stock Issued | $-96.00K | $13.16M | $19.79M | $- | $- | $- | $- | $51.45M | $50.59M | $418.77M |
| Common Stock Repurchased | $-25.30M | $-393.11M | $-20.07M | $-10.28M | $- | $-20.52M | $-3.15M | $- | $- | $- |
| Dividends Paid | $-277.01M | $-158.05M | $-668.70M | $-230.24M | $-4.80M | $-4.80M | $- | $- | $- | $- |
| Other Financing Activities | $- | $-6.73M | $-5.96M | $-5.02M | $-9.03M | $-15.37M | $-13.10M | $47.52M | $-785.00K | $-14.07M |
| Net Cash Used Provided by Financing Activities | $-644.42M | $-595.89M | $-935.95M | $-368.07M | $-34.95M | $103.70M | $96.69M | $122.03M | $20.37M | $534.17M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $179.13M | $-24.59M | $-186.93M | $277.74M | $69.27M | $-87.61M | $-59.62M | $76.15M | $-26.30M | $122.06M |
| Cash at End of Period | $440.88M | $259.73M | $286.34M | $473.27M | $195.53M | $126.26M | $213.88M | $257.91M | $181.76M | $208.06M |
| Cash at Beginning of Period | $261.75M | $284.32M | $473.27M | $195.53M | $126.26M | $213.88M | $273.50M | $181.76M | $208.06M | $86.00M |
| Operating Cash Flow | $467.38M | $335.78M | $769.90M | $767.07M | $170.55M | $88.53M | $169.01M | $80.97M | $-33.45M | $-14.58M |
| Capital Expenditure | $-55.09M | $-18.09M | $-25.40M | $-130.15M | $-72.06M | $-347.14M | $-328.63M | $-143.68M | $-396.15M | $-473.92M |
| Free Cash Flow | $412.28M | $317.69M | $744.50M | $636.92M | $98.49M | $-258.62M | $-159.62M | $-62.71M | $-429.60M | $-488.50M |