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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

Eagle Bulk Shipping Inc. (EGLE)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues  719.8594.5275.1292.4310.1236.8124.5103.9
            Revenue growth  21.1%116.1%-5.9%-5.7%31.0%90.2%19.9% 
Cost of goods sold  370.6245.6197.7212.2198.9172.2134.8114.3
Gross profit  349.2348.977.480.2111.164.5-10.3-10.4
            Gross margin  48.5%58.7%28.1%27.4%35.8%27.3%-8.3%-10.0%
Selling, general and administrative   [+]41.235.231.535.036.233.122.925.5
Other operating expenses  3.82.80.01.1    
EBITDA   [+]291.0302.338.537.869.627.1-36.6-37.9
            EBITDA margin  40.4%50.8%14.0%12.9%22.5%11.4%-29.4%-36.5%
Depreciation and amortization  47.944.942.834.332.429.435.641.0
EBIT   [+]243.1257.4-4.33.537.3-2.3-72.1-79.0
            EBIT margin  33.8%43.3%-1.6%1.2%12.0%-1.0%-57.9%-76.0%
Non-recurring items   [+]-9.3-4.00.5-6.0-0.3-2.1129.156.6
Interest expense, net   [+]14.132.235.128.725.228.721.611.9
Other income (expense), net   [+]9.7-44.34.8-2.40.1-14.9-0.1-0.5
Pre-tax income  248.0184.9-35.1-21.712.6-43.8-222.9-148.0
Income taxes  0.00.00.00.00.00.00.60.3
            Tax rate  0.0%0.0%0.0%0.0%0.0%0.0%  
Net income  248.0184.9-35.1-21.712.6-43.8-223.5-148.3
            Net margin  34.5%31.1%-12.7%-7.4%4.1%-18.5%-179.5%-142.8%
   
Basic EPS   [+]$19.09$14.91($3.40)($2.13)$1.25($0.63)($10.87)($78.88)
Diluted EPS   [+]$15.20$11.79($3.40)($2.13)$1.23($0.63)($10.87)($78.88)
   
Dividends per share   [+]$8.08$2.08      
   
Shares outstanding (basic)   [+]13.012.410.310.210.169.220.61.9
Shares outstanding (diluted)   [+]16.315.710.310.210.369.220.61.9
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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