Star Bulk Carriers Corp. (SBLK) Financials

NASDAQ:SBLK

Market Cap

1.87B

Total Revenue

1.44B

Gross Profit

677.46M

Operating Income

466.84M

Net Income

566.00M

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	69,894,000	147,387,000	234,286,000	222,106,000	331,976,000	651,561,000	821,365,000	693,241,000	1,427,423,000	1,437,156,000
costOfRevenue	54,216,000	138,108,000	292,154,000	263,763,000	265,863,000	466,507,000	709,061,000	594,873,000	652,452,000	759,692,000
grossProfit	15,678,000	9,279,000	-57,868,000	-41,657,000	66,113,000	185,054,000	112,304,000	98,368,000	774,971,000	677,464,000
researchAndDevelopmentExpenses	--	--	--	--	--	--	--	--	--	--
sellingAndMarketingExpenses	--	--	--	--	--	--	--	--	--	--
generalAndAdministrativeExpenses	9,910,000	32,723,000	23,621,000	24,602,000	30,955,000	33,972,000	34,819,000	31,881,000	39,500,000	56,826,000
sellingGeneralAndAdministrativeExpenses	9,910,000	32,723,000	23,621,000	24,602,000	30,955,000	33,972,000	34,819,000	31,881,000	39,500,000	56,826,000
operatingExpenses	6,123,000	22,720,000	23,029,000	23,037,000	28,037,000	34,694,000	34,003,000	28,650,000	38,019,000	50,412,000
operatingIncome	8,434,000	-1,432,000	-425,574,000	-67,777,000	38,844,000	131,938,000	72,248,000	-73,821,000	739,404,000	466,840,000
totalOtherIncomeExpensesNet	-1,121,000	10,558,000	-348,919,000	-49,052,000	-243,000	-20,098,000	-88,394,000	83,597,000	-58,978,000	99,403,000
ebitda	24,721,000	-12,906,000	-79,807,000	14,158,000	119,492,000	249,393,000	196,528,000	68,472,000	879,461,000	634,211,000
depreciationAndAmortization	16,061,000	37,150,000	82,070,000	81,935,000	82,623,000	102,852,000	124,280,000	142,293,000	140,057,000	167,371,000
interestIncome	230,000	629,000	1,090,000	876,000	2,997,000	1,866,000	1,299,000	267,000	315,000	7,050,000
interestExpense	6,814,000	9,575,000	29,661,000	37,761,000	47,243,000	68,221,000	80,375,000	69,555,000	47,804,000	52,578,000
incomeBeforeTax	1,850,000	-11,829,000	-458,387,000	-154,087,000	-9,628,000	58,413,000	-16,146,000	9,776,000	680,426,000	566,243,000
incomeTaxExpense	-4,000	-10,758,000	348,709,000	267,000	236,000	61,000	109,000	152,000	16,000	244,000
netIncome	1,850,000	-11,723,000	-458,177,000	-154,228,000	-9,771,000	58,397,000	-16,255,000	9,660,000	680,530,000	565,999,000
eps	0.65	-1	-11.71	-3.24	-0.16	0.76	-0.17	0.1	6.73	5.54
epsdiluted	0.65	-1	-11.71	-3.24	-0.16	0.76	-0.17	0.1	6.71	5.52
weightedAverageShsOut	2,810,268	11,688,239	39,124,673	47,574,454	63,034,394	77,061,227	93,735,549	96,128,173	101,183,829	102,153,255
weightedAverageShsOutDil	2,823,277	11,688,239	39,124,673	47,574,454	63,034,394	77,326,111	93,735,549	96,281,389	101,479,072	102,536,966
costAndExpenses	60,339,000	160,828,000	315,183,000	286,800,000	293,900,000	501,201,000	743,064,000	623,523,000	690,471,000	810,104,000
otherExpenses	-1,125,000	-94,000	-592,000	-503,000	-989,000	-191,000	-816,000	-3,231,000	-1,481,000	-6,414,000

Key Facts

Industry

Marine Shipping

Sector

Industrials

Headquarters

Marousi, , GR

Website

starbulk.com

CEO

Mr. Petros Alexandros Pappas

Employees

209

About the Company

Star Bulk Carriers Corp., a shipping company, engages in the ocean transportation of dry bulk cargoes worldwide. The company's vessels transport a range of major bulks, including iron ores, coal, and grains, as well as minor bulks, such as bauxite, fertilizers, and steel products. As of December 31, 2021, it had a fleet of 128 vessels with an aggregate capacity of approximately 14.1 million deadweight tons, including 17 Newcastlemax, 24 Capesize, 7 Post Panamax, 41 Kamsarmax, 2 Panamax, 20 Ultramax, and 17 Supramax vessels. The company also provides vessel management services. Star Bulk Carriers Corp. was incorporated in 2006 and is based in Marousi, Greece.