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Star Bulk Carriers Corp. (SBLK) Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
Revenues1,437.21,427.4693.2821.4651.6332.0222.1234.3
            Revenue growth0.7%105.9%-15.6%26.1%96.3%49.5%-5.2%59.0%
Cost of goods sold383.1306.3271.0313.7260.4210.0198.4231.6
Gross profit1,054.11,121.1422.2507.7391.1122.023.72.7
            Gross margin73.3%78.5%60.9%61.8%60.0%36.7%10.7%1.2%
General and administrative56.839.531.934.834.031.024.623.6
EBIT610.1741.785.582.8150.036.3-64.7-82.8
            EBIT margin42.5%52.0%12.3%10.1%23.0%10.9%-29.1%-35.3%
Pre-tax income566.1680.49.8-16.158.4-9.6-154.1-458.2
Income taxes0.20.00.20.10.10.20.30.0
            Tax rate0.0%0.0%1.6% 0.1%  0.0%
Net income566.0680.59.7-16.258.4-9.8-154.2-458.2
            Net margin39.4%47.7%1.4%-2.0%9.0%-2.9%-69.4%-195.6%
 
Diluted EPS$5.52$6.71$0.10($0.17)$0.76($0.16)($3.24)($11.71)
Shares outstanding (diluted)102.5101.596.393.777.363.047.639.1
 
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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