Star Bulk Carriers Corp.

EDGAR

Annual consolidated revenue for 2025: about USD 1.042B, using the latest reported figures. The previous period, 2024, was about USD 1.265B.

Watchlist

Latest fiscal year

Revenue

1.04 billion USD

2025 · USD

Exact inputs and evidence
  • Revenue: 1042499000 USD Source

Operating margin

13.13%

2025 · %

Exact inputs and evidence
  • Operating Income: 136870000 USD Source
  • Revenue: 1042499000 USD Source

Operating cash flow

296 million USD

2025 · USD

Exact inputs and evidence
  • Operating Cash Flow: 295936000 USD Source

Free cash flow

212 million USD

2025 · USD

Exact inputs and evidence
  • Operating Cash Flow: 295936000 USD Source
  • Capital Expenditure: 83988000 USD Source
Cash and cash equivalents
489 million USD Source
Exact value

488511000 USD

Long-term debt including current maturities
912 million USD Source
Exact value

911738000 USD

Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-09.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • Operating income: 11 of 11 periods available· newest 2025-12-31
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 11 of 11 periods available· newest 2025-12-31
  • Total assets: 11 of 11 periods available· newest 2025-12-31
  • Total liabilities: 11 of 11 periods available· newest 2025-12-31
  • Current assets: 11 of 11 periods available· newest 2025-12-31
  • Current liabilities: 11 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 1 of 11 periods available· newest 2015-12-31
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -17.6%

    Prior period

    USD 1.27 billion

    –

    Current period

    USD 1.04 billion

    –

    Exact inputs and evidence

    1042499000 − 1265458000 = -222959000 USD

    1265458000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    1042499000 USD · 2025-01-01 – 2025-12-31

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  • Net income

    -72.4%

    Prior period

    USD 304.65 million

    –

    Current period

    USD 84.17 million

    –

    Exact inputs and evidence

    84174000 − 304654000 = -220480000 USD

    304654000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    84174000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    -37.2%

    Prior period

    USD 471.15 million

    –

    Current period

    USD 295.94 million

    –

    Exact inputs and evidence

    295936000 − 471154000 = -175218000 USD

    471154000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    295936000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    +52.4%

    Prior period

    USD 55.1 million

    –

    Current period

    USD 83.99 million

    –

    Exact inputs and evidence

    83988000 − 55095000 = 28893000 USD

    55095000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    83988000 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 1.04 billion 100% of revenue
  • Operating costs Derived USD 905.63 million 87% of revenue
  • Operating income USD 136.87 million 13% of revenue
  • Tax, interest and other Derived USD 52.7 million 5.1% of revenue
  • Net income USD 84.17 million 8.1% of revenue

Cash

  • Operating cash flow USD 295.94 million 28% of revenue
  • Capital expenditure USD 83.99 million 8.1% of revenue
  • Free cash flow Derived USD 211.95 million 20% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 Operating loss: operating costs were 149% of revenue.
  • 2017 Net loss: net income was −2.9% of revenue.
  • 2018 11%80%
  • 2019 Net loss: net income was −2% of revenue.
  • 2020 11%88%
  • 2021 48%48%
  • 2022 39%58%
  • 2023 18%75%
  • 2024 24%70%
  • 2025 87%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-31222106000 331361000 Derived -109255000 44973000 Derived -154228000 -429386000 Derived
Source
2017 2017-01-01 – 2017-12-31331976000 293132000 Derived 38844000 48615000 Derived -9771000 -60880000 Derived
Source
2018 2018-01-01 – 2018-12-31651561000 519623000 Derived 131938000 73541000 Derived 58397000 -159625000 Derived
Source
2019 2019-01-01 – 2019-12-31821365000 747667000 Derived 73698000 89899000 Derived -16201000 -258615000 Derived
Source
2020 2020-01-01 – 2020-12-31693241000 609253000 Derived 83988000 74328000 Derived 9660000 98493000 Derived
Source
2021 2021-01-01 – 2021-12-311427423000 688019000 Derived 739404000 58874000 Derived 680530000 636924000 Derived
Source
2022 2022-01-01 – 2022-12-311437156000 829558000 Derived 607598000 41599000 Derived 565999000 744495000 Derived
Source
2023 2023-01-01 – 2023-12-31949269000 710811000 Derived 238458000 64902000 Derived 173556000 317686000 Derived
Source
2024 2024-01-01 – 2024-12-311265458000 882462000 Derived 382996000 78342000 Derived 304654000 416059000 Derived
Source
2025 2025-01-01 – 2025-12-311042499000 905629000 Derived 136870000 52696000 Derived 84174000 211948000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 1B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.6B1.2B776.1M388.0M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue222106000
2017Revenue331976000
2018Revenue651561000
2019Revenue821365000
2020Revenue693241000
2021Revenue1427423000
2022Revenue1437156000
2023Revenue949269000
2024Revenue1265458000
2025Revenue1042499000

Revenue growth

Change in revenue from the same financial period one year earlier.

-17.6% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.117%77%36%-5%-45%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year-5.2%
2017Year over year49.5%
2018Year over year96.3%
2019Year over year26.1%
2020Year over year-15.6%
2021Year over year105.9%
2022Year over year0.7%
2023Year over year-33.9%
2024Year over year33.3%
2025Year over year-17.6%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 13.1% 2025
Net margin 8.1% 2025
Free cash flow margin 20.3% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.71%0%-71%-142%-213%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin-49.2%
2017Operating margin11.7%
2018Operating margin20.2%
2019Operating margin9%
2020Operating margin12.1%
2021Operating margin51.8%
2022Operating margin42.3%
2023Operating margin25.1%
2024Operating margin30.3%
2025Operating margin13.1%
2016Net margin-69.4%
2017Net margin-2.9%
2018Net margin9%
2019Net margin-2%
2020Net margin1.4%
2021Net margin47.7%
2022Net margin39.4%
2023Net margin18.3%
2024Net margin24.1%
2025Net margin8.1%
2016Free cash flow margin-193.3%
2017Free cash flow margin-18.3%
2018Free cash flow margin-24.5%
2019Free cash flow margin-31.5%
2020Free cash flow margin14.2%
2021Free cash flow margin44.6%
2022Free cash flow margin51.8%
2023Free cash flow margin33.5%
2024Free cash flow margin32.9%
2025Free cash flow margin20.3%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 295.9M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.834.1M601.2M368.3M135.4M-97.5M201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow-33232000
2017Operating cash flow82804000
2018Operating cash flow169009000
2019Operating cash flow88525000
2020Operating cash flow170552000
2021Operating cash flow767071000
2022Operating cash flow769898000
2023Operating cash flow335777000
2024Operating cash flow471154000
2025Operating cash flow295936000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 211.9M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.838.4M498.0M157.6M-182.9M-523.3M201620212025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flow-429386000
2017Free cash flow-60880000
2018Free cash flow-159625000
2019Free cash flow-258615000
2020Free cash flow98493000
2021Free cash flow636924000
2022Free cash flow744495000
2023Free cash flow317686000
2024Free cash flow416059000
2025Free cash flow211948000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

35.6% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.57%42%28%14%0%201620212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets48.4%
2017Liabilities / assets49.3%
2018Liabilities / assets49.7%
2019Liabilities / assets52.3%
2020Liabilities / assets51.5%
2021Liabilities / assets44.6%
2022Liabilities / assets41.2%
2023Liabilities / assets45.2%
2024Liabilities / assets39.3%
2025Liabilities / assets35.6%

Current assets to current liabilities

Current assets divided by current liabilities.

1.78× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.8.77×6.58×4.39×2.19×0.00×201620212025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016Current assets / current liabilities8.12×
2017Current assets / current liabilities1.43×
2018Current assets / current liabilities1.34×
2019Current assets / current liabilities0.86×
2020Current assets / current liabilities1.15×
2021Current assets / current liabilities2.35×
2022Current assets / current liabilities1.78×
2023Current assets / current liabilities1.26×
2024Current assets / current liabilities1.65×
2025Current assets / current liabilities1.78×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
−USD 154.23 million
Exact value

Exact value: -154228000 USD

2016-01-01 – 2016-12-31: -154228000 USD Inspect Net Income Open source
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−USD 33.23 million
Exact value

Exact value: -33232000 USD

2016-01-01 – 2016-12-31: -33232000 USD Inspect Operating Cash Flow Open source
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USD 396.15 million
Exact value

Exact value: 396154000 USD

2016-01-01 – 2016-12-31: 396154000 USD Inspect Capital Expenditure Open source
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−USD 429.39 million
Calculation and evidence

-33232000 − 396154000 USD

Exact free cash flow: -429386000 USD

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2017 2017-01-01 – 2017-12-31
−USD 9.77 million
Exact value

Exact value: -9771000 USD

2017-01-01 – 2017-12-31: -9771000 USD Inspect Net Income Open source
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USD 82.8 million
Exact value

Exact value: 82804000 USD

2017-01-01 – 2017-12-31: 82804000 USD Inspect Operating Cash Flow Open source
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USD 143.68 million
Exact value

Exact value: 143684000 USD

2017-01-01 – 2017-12-31: 143684000 USD Inspect Capital Expenditure Open source
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−USD 60.88 million
Calculation and evidence

82804000 − 143684000 USD

Exact free cash flow: -60880000 USD

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2018 2018-01-01 – 2018-12-31
USD 58.4 million
Exact value

Exact value: 58397000 USD

2018-01-01 – 2018-12-31: 58397000 USD Inspect Net Income Open source
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USD 169.01 million
Exact value

Exact value: 169009000 USD

2018-01-01 – 2018-12-31: 169009000 USD Inspect Operating Cash Flow Open source
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USD 328.63 million
Exact value

Exact value: 328634000 USD

2018-01-01 – 2018-12-31: 328634000 USD Inspect Capital Expenditure Open source
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−USD 159.63 million
Calculation and evidence

169009000 − 328634000 USD

Exact free cash flow: -159625000 USD

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2019 2019-01-01 – 2019-12-31
−USD 16.2 million
Exact value

Exact value: -16201000 USD

2019-01-01 – 2019-12-31: -16201000 USD Inspect Net Income Open source
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USD 88.53 million
Exact value

Exact value: 88525000 USD

2019-01-01 – 2019-12-31: 88525000 USD Inspect Operating Cash Flow Open source
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USD 347.14 million
Exact value

Exact value: 347140000 USD

2019-01-01 – 2019-12-31: 347140000 USD Inspect Capital Expenditure Open source
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−USD 258.62 million
Calculation and evidence

88525000 − 347140000 USD

Exact free cash flow: -258615000 USD

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2020 2020-01-01 – 2020-12-31
USD 9.66 million
Exact value

Exact value: 9660000 USD

2020-01-01 – 2020-12-31: 9660000 USD Inspect Net Income Open source
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USD 170.55 million
Exact value

Exact value: 170552000 USD

2020-01-01 – 2020-12-31: 170552000 USD Inspect Operating Cash Flow Open source
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USD 72.06 million
Exact value

Exact value: 72059000 USD

2020-01-01 – 2020-12-31: 72059000 USD Inspect Capital Expenditure Open source
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USD 98.49 million
Calculation and evidence

170552000 − 72059000 USD

Exact free cash flow: 98493000 USD

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2021 2021-01-01 – 2021-12-31
USD 680.53 million
Exact value

Exact value: 680530000 USD

2021-01-01 – 2021-12-31: 680530000 USD Inspect Net Income Open source
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USD 767.07 million
Exact value

Exact value: 767071000 USD

2021-01-01 – 2021-12-31: 767071000 USD Inspect Operating Cash Flow Open source
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USD 130.15 million
Exact value

Exact value: 130147000 USD

2021-01-01 – 2021-12-31: 130147000 USD Inspect Capital Expenditure Open source
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USD 636.92 million
Calculation and evidence

767071000 − 130147000 USD

Exact free cash flow: 636924000 USD

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2022 2022-01-01 – 2022-12-31
USD 566 million
Exact value

Exact value: 565999000 USD

2022-01-01 – 2022-12-31: 565999000 USD Inspect Net Income Open source
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USD 769.9 million
Exact value

Exact value: 769898000 USD

2022-01-01 – 2022-12-31: 769898000 USD Inspect Operating Cash Flow Open source
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USD 25.4 million
Exact value

Exact value: 25403000 USD

2022-01-01 – 2022-12-31: 25403000 USD Inspect Capital Expenditure Open source
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USD 744.5 million
Calculation and evidence

769898000 − 25403000 USD

Exact free cash flow: 744495000 USD

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2023 2023-01-01 – 2023-12-31
USD 173.56 million
Exact value

Exact value: 173556000 USD

2023-01-01 – 2023-12-31: 173556000 USD Inspect Net Income Open source
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USD 335.78 million
Exact value

Exact value: 335777000 USD

2023-01-01 – 2023-12-31: 335777000 USD Inspect Operating Cash Flow Open source
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USD 18.09 million
Exact value

Exact value: 18091000 USD

2023-01-01 – 2023-12-31: 18091000 USD Inspect Capital Expenditure Open source
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USD 317.69 million
Calculation and evidence

335777000 − 18091000 USD

Exact free cash flow: 317686000 USD

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2024 2024-01-01 – 2024-12-31
USD 304.65 million
Exact value

Exact value: 304654000 USD

2024-01-01 – 2024-12-31: 304654000 USD Inspect Net Income Open source
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USD 471.15 million
Exact value

Exact value: 471154000 USD

2024-01-01 – 2024-12-31: 471154000 USD Inspect Operating Cash Flow Open source
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USD 55.1 million
Exact value

Exact value: 55095000 USD

2024-01-01 – 2024-12-31: 55095000 USD Inspect Capital Expenditure Open source
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USD 416.06 million
Calculation and evidence

471154000 − 55095000 USD

Exact free cash flow: 416059000 USD

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2025 2025-01-01 – 2025-12-31
USD 84.17 million
Exact value

Exact value: 84174000 USD

2025-01-01 – 2025-12-31: 84174000 USD Inspect Net Income Open source
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USD 295.94 million
Exact value

Exact value: 295936000 USD

2025-01-01 – 2025-12-31: 295936000 USD Inspect Operating Cash Flow Open source
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USD 83.99 million
Exact value

Exact value: 83988000 USD

2025-01-01 – 2025-12-31: 83988000 USD Inspect Capital Expenditure Open source
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USD 211.95 million
Calculation and evidence

295936000 − 83988000 USD

Exact free cash flow: 211948000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

291 filings · 1,859 latest values · 1,859 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001386716, 1386716, SBLK, edgar:1386716

Also known as STAR BULK CARRIERS CORP., Star Bulk Carriers Corp.