Stocks · Industrials · Deep Sea Foreign Transportation of Freight

Star Bulk Carriers Corp.

SBLK Clue Score54
Marshall Islands Fiscal year ends December CIK 0001386716
$29.70 -2.53% Close, 9 Oct 2026
Price $29.70 +27.80% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue222.1Operating income−109.3Net income−154.2EPS, diluted−3.24Fiscal year 2017Revenue332.0 +49.5%Operating income38.8Net income−9.8EPS, diluted−0.16Fiscal year 2018Revenue651.6 +96.3%Operating income131.9Net income58.4EPS, diluted0.76Fiscal year 2019Revenue821.4 +26.1%Operating income73.7Net income−16.2 −127.7%EPS, diluted−0.17 −122.4%Fiscal year 2020Revenue693.2 −15.6%Operating income84.0Net income9.7EPS, diluted0.10Fiscal year 2021Revenue1,427.4 +105.9%Operating income739.4Net income680.5 +6,944.8%EPS, diluted6.71 +6,610.0%Fiscal year 2022Revenue1,437.2 +0.7%Operating income607.6Net income566.0 −16.8%EPS, diluted5.52 −17.7%Fiscal year 2023Revenue949.3 −33.9%Operating income238.5Net income173.6 −69.3%EPS, diluted1.75 −68.3%Fiscal year 2024Revenue1,265.5 +33.3%Operating income383.0Net income304.7 +75.5%EPS, diluted2.80 +60.0%Fiscal year 2025Revenue1,042.5 −17.6%Operating income136.9Net income84.2 −72.4%EPS, diluted0.73 −73.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 222.1 332.0 651.6 821.4 693.2 1,427.4 1,437.2 949.3 1,265.5 1,042.5
Growth +49.5% +96.3% +26.1% −15.6% +105.9% +0.7% −33.9% +33.3% −17.6%
Operating income −109.3 38.8 131.9 73.7 84.0 739.4 607.6 238.5 383.0 136.9
Net income −154.2 −9.8 58.4 −16.2 9.7 680.5 566.0 173.6 304.7 84.2
Growth −127.7% +6,944.8% −16.8% −69.3% +75.5% −72.4%
EPS, diluted −3.24 −0.16 0.76 −0.17 0.10 6.71 5.52 1.75 2.80 0.73
Growth −122.4% +6,610.0% −17.7% −68.3% +60.0% −73.9%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin−49.2%Net margin−69.4%Free cash flow margin−193.3%Fiscal year 2017Operating margin11.7%Net margin−2.9%Free cash flow margin−18.3%Fiscal year 2018Operating margin20.2%Net margin9.0%Free cash flow margin−24.5%Fiscal year 2019Operating margin9.0%Net margin−2.0%Free cash flow margin−31.5%Fiscal year 2020Operating margin12.1%Net margin1.4%Free cash flow margin14.2%Fiscal year 2021Operating margin51.8%Net margin47.7%Free cash flow margin44.6%Fiscal year 2022Operating margin42.3%Net margin39.4%Free cash flow margin51.8%Fiscal year 2023Operating margin25.1%Net margin18.3%Free cash flow margin33.5%Fiscal year 2024Operating margin30.3%Net margin24.1%Free cash flow margin32.9%Fiscal year 2025Operating margin13.1%Net margin8.1%Free cash flow margin20.3%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin −49.2% 11.7% 20.2% 9.0% 12.1% 51.8% 42.3% 25.1% 30.3% 13.1%
Net margin −69.4% −2.9% 9.0% −2.0% 1.4% 47.7% 39.4% 18.3% 24.1% 8.1%
Free cash flow margin −193.3% −18.3% −24.5% −31.5% 14.2% 44.6% 51.8% 33.5% 32.9% 20.3%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−33.2Capital expenditure−396.2Free cash flow−429.4Buybacks0.0Fiscal year 2017Operating cash flow82.8Capital expenditure−143.7Free cash flow−60.9Buybacks0.0Dividends paid0.0Fiscal year 2018Operating cash flow169.0Capital expenditure−328.6Free cash flow−159.6Buybacks−3.1Dividends paid0.0Fiscal year 2019Operating cash flow88.5Capital expenditure−347.1Free cash flow−258.6Buybacks−20.5Dividends paid−4.8Fiscal year 2020Operating cash flow170.6Capital expenditure−72.1Free cash flow98.5Buybacks0.0Dividends paid−4.8Fiscal year 2021Operating cash flow767.1Capital expenditure−130.1Free cash flow636.9 +546.7%Buybacks−10.3Dividends paid−230.2Fiscal year 2022Operating cash flow769.9Capital expenditure−25.4Free cash flow744.5 +16.9%Buybacks−20.1Dividends paid−668.7Fiscal year 2023Operating cash flow335.8Capital expenditure−18.1Free cash flow317.7 −57.3%Buybacks−393.1Dividends paid−158.1Fiscal year 2024Operating cash flow471.2Capital expenditure−55.1Free cash flow416.1 +31.0%Buybacks−25.3Dividends paid−277.0Fiscal year 2025Operating cash flow295.9Capital expenditure−84.0Free cash flow211.9 −49.1%Buybacks−98.1Dividends paid−34.4
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −33.2 82.8 169.0 88.5 170.6 767.1 769.9 335.8 471.2 295.9
Capital expenditure −396.2 −143.7 −328.6 −347.1 −72.1 −130.1 −25.4 −18.1 −55.1 −84.0
Free cash flow −429.4 −60.9 −159.6 −258.6 98.5 636.9 744.5 317.7 416.1 211.9
Growth +546.7% +16.9% −57.3% +31.0% −49.1%
Buybacks 0.0 0.0 −3.1 −20.5 0.0 −10.3 −20.1 −393.1 −25.3 −98.1
Dividends paid n/a 0.0 0.0 −4.8 −4.8 −230.2 −668.7 −158.1 −277.0 −34.4

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash181.8Shareholders’ equity1,037.2Fiscal year 2017Cash257.9Shareholders’ equity1,088.1Fiscal year 2018Cash204.9Shareholders’ equity1,520.0Fiscal year 2019Cash117.8Shareholders’ equity1,544.0Fiscal year 2020Cash183.2Shareholders’ equity1,549.5Fiscal year 2021Cash450.3Shareholders’ equity2,080.0Fiscal year 2022Cash269.8Shareholders’ equity2,019.3Fiscal year 2023Cash227.5Shareholders’ equity1,660.1Fiscal year 2024Cash425.1Shareholders’ equity2,481.8Fiscal year 2025Cash488.5Shareholders’ equity2,449.3
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 181.8 257.9 204.9 117.8 183.2 450.3 269.8 227.5 425.1 488.5
Shareholders’ equity 1,037.2 1,088.1 1,520.0 1,544.0 1,549.5 2,080.0 2,019.3 1,660.1 2,481.8 2,449.3

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
181.8 257.9 204.9 117.8 183.2 450.3 269.8 227.5 425.1 488.5
12.6 18.5 38.4 58.8 38.1 81.1 84.0 68.6 79.3 83.6
14.5 19.3 27.4 51.2 47.3 75.1 67.2 62.4 78.6 51.5
1,771.8 1,823.7 2,716.0 2,965.5 2,877.1 3,013.0 2,881.6 2,539.7 3,235.9 2,962.2
2,011.7 2,145.8 3,022.1 3,238.7 3,191.8 3,754.7 3,433.6 3,028.3 4,086.4 3,805.4
Growth +6.7% +40.8% +7.2% −1.4% +17.6% −8.6% −11.8% +34.9% −6.9%
Liabilities
974.5 1,057.7 1,502.1 1,694.6 1,642.3 1,674.7 1,414.3 1,368.2 1,604.6 1,356.1
Equity
−1,026.5 −1,036.3 −980.2 −1,001.2 −996.3 −546.3 −648.7 −633.2 −605.6 −555.8
1,037.2 1,088.1 1,520.0 1,544.0 1,549.5 2,080.0 2,019.3 1,660.1 2,481.8 2,449.3
Growth +4.9% +39.7% +1.6% +0.4% +34.2% −2.9% −17.8% +49.5% −1.3%
Per share and net cash
56.6 64.2 92.3 96.1 97.1 102.3 102.9 84.0 117.6 113.4
calc 18.32 16.96 16.47 16.07 15.95 20.33 19.63 19.76 21.10 21.59

Lines marked calc are worked out here from filed figures; point at one for how.