STAR BULK CARRIERS CORP (SBLK) Stock Fundamental Analysis

NASDAQ:SBLK • MHY8162K2046

25.24 USD
0 (0%)
At close: Feb 23, 2026
25.07 USD
-0.17 (-0.67%)
After Hours: 2/23/2026, 8:14:51 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

SBLK gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 35 industry peers in the Marine Transportation industry. Both the profitability and the financial health of SBLK get a neutral evaluation. Nothing too spectacular is happening here. SBLK has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • SBLK had positive earnings in the past year.
  • In the past year SBLK had a positive cash flow from operations.
  • In the past 5 years SBLK has always been profitable.
  • SBLK had a positive operating cash flow in each of the past 5 years.
SBLK Yearly Net Income VS EBIT VS OCF VS FCFSBLK Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M -400M 600M

1.2 Ratios

  • SBLK has a Return On Assets (1.62%) which is comparable to the rest of the industry.
  • SBLK has a Return On Equity of 2.54%. This is comparable to the rest of the industry: SBLK outperforms 51.43% of its industry peers.
  • SBLK's Return On Invested Capital of 2.87% is in line compared to the rest of the industry. SBLK outperforms 54.29% of its industry peers.
  • SBLK had an Average Return On Invested Capital over the past 3 years of 10.09%. This is above the industry average of 7.71%.
  • The last Return On Invested Capital (2.87%) for SBLK is well below the 3 year average (10.09%), which needs to be investigated, but indicates that SBLK had better years and this may not be a problem.
Industry RankSector Rank
ROA 1.62%
ROE 2.54%
ROIC 2.87%
ROA(3y)9.89%
ROA(5y)9.62%
ROE(3y)16.92%
ROE(5y)16.82%
ROIC(3y)10.09%
ROIC(5y)9.77%
SBLK Yearly ROA, ROE, ROICSBLK Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 30

1.3 Margins

  • The Profit Margin of SBLK (5.85%) is comparable to the rest of the industry.
  • SBLK's Profit Margin has declined in the last couple of years.
  • SBLK's Operating Margin of 11.81% is in line compared to the rest of the industry. SBLK outperforms 51.43% of its industry peers.
  • In the last couple of years the Operating Margin of SBLK has grown nicely.
  • Looking at the Gross Margin, with a value of 43.32%, SBLK is in line with its industry, outperforming 45.71% of the companies in the same industry.
  • SBLK's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 11.81%
PM (TTM) 5.85%
GM 43.32%
OM growth 3Y-18.56%
OM growth 5Y23.9%
PM growth 3Y-20.37%
PM growth 5YN/A
GM growth 3Y-7.71%
GM growth 5Y2.37%
SBLK Yearly Profit, Operating, Gross MarginsSBLK Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40 60 -60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so SBLK is still creating some value.
  • Compared to 1 year ago, SBLK has more shares outstanding
  • The number of shares outstanding for SBLK has been increased compared to 5 years ago.
  • Compared to 1 year ago, SBLK has an improved debt to assets ratio.
SBLK Yearly Shares OutstandingSBLK Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
SBLK Yearly Total Debt VS Total AssetsSBLK Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

2.2 Solvency

  • Based on the Altman-Z score of 1.50, we must say that SBLK is in the distress zone and has some risk of bankruptcy.
  • SBLK has a Altman-Z score (1.50) which is comparable to the rest of the industry.
  • SBLK has a debt to FCF ratio of 4.48. This is a neutral value as SBLK would need 4.48 years to pay back of all of its debts.
  • SBLK's Debt to FCF ratio of 4.48 is fine compared to the rest of the industry. SBLK outperforms 77.14% of its industry peers.
  • SBLK has a Debt/Equity ratio of 0.36. This is a healthy value indicating a solid balance between debt and equity.
  • Looking at the Debt to Equity ratio, with a value of 0.36, SBLK is in line with its industry, outperforming 51.43% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.36
Debt/FCF 4.48
Altman-Z 1.5
ROIC/WACC0.36
WACC8.04%
SBLK Yearly LT Debt VS Equity VS FCFSBLK Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M 1B 1.5B 2B

2.3 Liquidity

  • SBLK has a Current Ratio of 1.72. This is a normal value and indicates that SBLK is financially healthy and should not expect problems in meeting its short term obligations.
  • With a Current ratio value of 1.72, SBLK perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
  • A Quick Ratio of 1.56 indicates that SBLK should not have too much problems paying its short term obligations.
  • With a Quick ratio value of 1.56, SBLK perfoms like the industry average, outperforming 54.29% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.72
Quick Ratio 1.56
SBLK Yearly Current Assets VS Current LiabilitesSBLK Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The earnings per share for SBLK have decreased strongly by -78.64% in the last year.
  • The Earnings Per Share has been growing by 59.69% on average over the past years. This is a very strong growth
  • The Revenue for SBLK has decreased by -13.87% in the past year. This is quite bad
  • Measured over the past years, SBLK shows a quite strong growth in Revenue. The Revenue has been growing by 9.03% on average per year.
EPS 1Y (TTM)-78.64%
EPS 3Y-26.39%
EPS 5Y59.69%
EPS Q2Q%-60.56%
Revenue 1Y (TTM)-13.87%
Revenue growth 3Y-3.93%
Revenue growth 5Y9.03%
Sales Q2Q%-36.93%

3.2 Future

  • The Earnings Per Share is expected to grow by 2.81% on average over the next years.
  • The Revenue is expected to decrease by -1.63% on average over the next years.
EPS Next Y-72.04%
EPS Next 2Y-3.09%
EPS Next 3Y6.22%
EPS Next 5Y2.81%
Revenue Next Year-9.79%
Revenue Next 2Y5.32%
Revenue Next 3Y3.25%
Revenue Next 5Y-1.63%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
SBLK Yearly Revenue VS EstimatesSBLK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B
SBLK Yearly EPS VS EstimatesSBLK Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 2 -2 4 6

More info and screens

Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 38.24, the valuation of SBLK can be described as expensive.
  • Compared to the rest of the industry, the Price/Earnings ratio of SBLK is on the same level as its industry peers.
  • SBLK is valuated rather expensively when we compare the Price/Earnings ratio to 26.64, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 9.95, the valuation of SBLK can be described as very reasonable.
  • SBLK's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. SBLK is cheaper than 77.14% of the companies in the same industry.
  • SBLK is valuated cheaply when we compare the Price/Forward Earnings ratio to 27.75, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 38.24
Fwd PE 9.95
SBLK Price Earnings VS Forward Price EarningsSBLK Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • SBLK's Enterprise Value to EBITDA is on the same level as the industry average.
  • 74.29% of the companies in the same industry are more expensive than SBLK, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 12.08
EV/EBITDA 10.83
SBLK Per share dataSBLK EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15 20

4.3 Compensation for Growth

  • SBLK has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.64
EPS Next 2Y-3.09%
EPS Next 3Y6.22%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • SBLK has a Yearly Dividend Yield of 1.20%. Purely for dividend investing, there may be better candidates out there.
  • SBLK's Dividend Yield is comparable with the industry average which is at 6.51.
  • SBLK's Dividend Yield is slightly below the S&P500 average, which is at 1.80.
Industry RankSector Rank
Dividend Yield 1.2%

5.2 History

  • On average, the dividend of SBLK grows each year by 121.96%, which is quite nice.
  • SBLK has been paying a dividend for at least 10 years, so it has a reliable track record.
  • The dividend of SBLK decreased recently.
Dividend Growth(5Y)121.96%
Div Incr Years1
Div Non Decr Years1
SBLK Yearly Dividends per shareSBLK Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 2 4 6

5.3 Sustainability

  • SBLK pays out 150.72% of its income as dividend. This is not a sustainable payout ratio.
  • SBLK's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP150.72%
EPS Next 2Y-3.09%
EPS Next 3Y6.22%
SBLK Yearly Income VS Free CF VS DividendSBLK Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M -400M 600M
SBLK Dividend Payout.SBLK Dividend Payout, showing the Payout Ratio.SBLK Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

STAR BULK CARRIERS CORP

NASDAQ:SBLK (2/23/2026, 8:14:51 PM)

After market: 25.07 -0.17 (-0.67%)

25.24

0 (0%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryMarine Transportation
Earnings (Last)11-18
Earnings (Next)02-25
Inst Owners28.8%
Inst Owner Change2.67%
Ins Owners3.74%
Ins Owner ChangeN/A
Market Cap2.87B
Revenue(TTM)1.05B
Net Income(TTM)61.47M
Analysts81.67
Price Target24.79 (-1.78%)
Short Float %2.07%
Short Ratio1.37
Dividend
Industry RankSector Rank
Dividend Yield 1.2%
Yearly Dividend2.75
Dividend Growth(5Y)121.96%
DP150.72%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)26.65%
Min EPS beat(2)-39.27%
Max EPS beat(2)92.58%
EPS beat(4)2
Avg EPS beat(4)27.4%
Min EPS beat(4)-39.27%
Max EPS beat(4)92.58%
EPS beat(8)3
Avg EPS beat(8)9.62%
EPS beat(12)6
Avg EPS beat(12)8.23%
EPS beat(16)9
Avg EPS beat(16)8.51%
Revenue beat(2)0
Avg Revenue beat(2)-4.55%
Min Revenue beat(2)-8.23%
Max Revenue beat(2)-0.88%
Revenue beat(4)1
Avg Revenue beat(4)-2.18%
Min Revenue beat(4)-8.23%
Max Revenue beat(4)2.97%
Revenue beat(8)5
Avg Revenue beat(8)10.31%
Revenue beat(12)7
Avg Revenue beat(12)8.15%
Revenue beat(16)11
Avg Revenue beat(16)11.66%
PT rev (1m)2.1%
PT rev (3m)6.67%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-34.58%
EPS NY rev (1m)0%
EPS NY rev (3m)-53.65%
Revenue NQ rev (1m)0.76%
Revenue NQ rev (3m)-9.86%
Revenue NY rev (1m)0.12%
Revenue NY rev (3m)8.43%
Valuation
Industry RankSector Rank
PE 38.24
Fwd PE 9.95
P/S 2.73
P/FCF 12.08
P/OCF 10.6
P/B 1.19
P/tB 1.19
EV/EBITDA 10.83
EPS(TTM)0.66
EY2.61%
EPS(NY)2.54
Fwd EY10.05%
FCF(TTM)2.09
FCFY8.28%
OCF(TTM)2.38
OCFY9.44%
SpS9.23
BVpS21.22
TBVpS21.22
PEG (NY)N/A
PEG (5Y)0.64
Graham Number17.75
Profitability
Industry RankSector Rank
ROA 1.62%
ROE 2.54%
ROCE 3.63%
ROIC 2.87%
ROICexc 3.29%
ROICexgc 3.29%
OM 11.81%
PM (TTM) 5.85%
GM 43.32%
FCFM 22.64%
ROA(3y)9.89%
ROA(5y)9.62%
ROE(3y)16.92%
ROE(5y)16.82%
ROIC(3y)10.09%
ROIC(5y)9.77%
ROICexc(3y)11.17%
ROICexc(5y)10.95%
ROICexgc(3y)11.17%
ROICexgc(5y)10.95%
ROCE(3y)12.78%
ROCE(5y)12.37%
ROICexgc growth 3Y-23.71%
ROICexgc growth 5Y31.21%
ROICexc growth 3Y-23.71%
ROICexc growth 5Y31.21%
OM growth 3Y-18.56%
OM growth 5Y23.9%
PM growth 3Y-20.37%
PM growth 5YN/A
GM growth 3Y-7.71%
GM growth 5Y2.37%
F-Score6
Asset Turnover0.28
Health
Industry RankSector Rank
Debt/Equity 0.36
Debt/FCF 4.48
Debt/EBITDA 2.69
Cap/Depr 16.7%
Cap/Sales 3.16%
Interest Coverage 1.66
Cash Conversion 83.94%
Profit Quality 387.09%
Current Ratio 1.72
Quick Ratio 1.56
Altman-Z 1.5
F-Score6
WACC8.04%
ROIC/WACC0.36
Cap/Depr(3y)19.54%
Cap/Depr(5y)38.91%
Cap/Sales(3y)2.68%
Cap/Sales(5y)5.51%
Profit Quality(3y)150.38%
Profit Quality(5y)312.04%
High Growth Momentum
Growth
EPS 1Y (TTM)-78.64%
EPS 3Y-26.39%
EPS 5Y59.69%
EPS Q2Q%-60.56%
EPS Next Y-72.04%
EPS Next 2Y-3.09%
EPS Next 3Y6.22%
EPS Next 5Y2.81%
Revenue 1Y (TTM)-13.87%
Revenue growth 3Y-3.93%
Revenue growth 5Y9.03%
Sales Q2Q%-36.93%
Revenue Next Year-9.79%
Revenue Next 2Y5.32%
Revenue Next 3Y3.25%
Revenue Next 5Y-1.63%
EBIT growth 1Y-66.27%
EBIT growth 3Y-21.76%
EBIT growth 5Y35.09%
EBIT Next Year-17.32%
EBIT Next 3Y15.65%
EBIT Next 5Y8.32%
FCF growth 1Y-30.97%
FCF growth 3Y-13.24%
FCF growth 5YN/A
OCF growth 1Y-25.41%
OCF growth 3Y-15%
OCF growth 5Y39.72%

STAR BULK CARRIERS CORP / SBLK FAQ

What is the ChartMill fundamental rating of STAR BULK CARRIERS CORP (SBLK) stock?

ChartMill assigns a fundamental rating of 4 / 10 to SBLK.


What is the valuation status for SBLK stock?

ChartMill assigns a valuation rating of 4 / 10 to STAR BULK CARRIERS CORP (SBLK). This can be considered as Fairly Valued.


How profitable is STAR BULK CARRIERS CORP (SBLK) stock?

STAR BULK CARRIERS CORP (SBLK) has a profitability rating of 6 / 10.


What is the valuation of STAR BULK CARRIERS CORP based on its PE and PB ratios?

The Price/Earnings (PE) ratio for STAR BULK CARRIERS CORP (SBLK) is 38.24 and the Price/Book (PB) ratio is 1.19.


Is the dividend of STAR BULK CARRIERS CORP sustainable?

The dividend rating of STAR BULK CARRIERS CORP (SBLK) is 3 / 10 and the dividend payout ratio is 150.72%.