Star Bulk Carriers Past Earnings Performance
Past criteria checks 4/6
Star Bulk Carriers has been growing earnings at an average annual rate of 25.9%, while the Shipping industry saw earnings growing at 40.4% annually. Revenues have been growing at an average rate of 8.6% per year. Star Bulk Carriers's return on equity is 12%, and it has net margins of 24.7%.
Key information
25.9%
Earnings growth rate
26.7%
EPS growth rate
| Shipping Industry Growth | 51.9% |
| Revenue growth rate | 8.6% |
| Return on equity | 12.0% |
| Net Margin | 24.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Star Bulk Carriers Delivers Another Good Quarter
Nov 21Here's Why Star Bulk Carriers (NASDAQ:SBLK) Can Manage Its Debt Responsibly
Oct 28
Star Bulk Carrier: The Market Is Not Pricing The Benefits Of The Eagle Merger
Oct 08Dry Bulk Market Update: Star Bulk Carriers Interview (Podcast Transcript)
Sep 24Star Bulk Carriers (NASDAQ:SBLK) Is Doing The Right Things To Multiply Its Share Price
Sep 20Star Bulk Carriers: Financial Strength And A High Yield Outweigh Macro Concerns
Sep 05Is It Too Late To Consider Buying Star Bulk Carriers Corp. (NASDAQ:SBLK)?
Sep 04Star Bulk Carriers' (NASDAQ:SBLK) Shareholders Have More To Worry About Than Only Soft Earnings
Aug 15Star Bulk Carriers: Macro Events Point To Favorable H2 2024 Outlook, Reiterate Buy
Aug 14Star Bulk Carriers: Strong Q1 Earnings, Much Higher Dividend, 7% Yield May Rise
Jul 28Star Bulk Q2 Preview: Rich Payouts Ahead As TCE Rates Remain High
Jul 08We Think Star Bulk Carriers (NASDAQ:SBLK) Is Taking Some Risk With Its Debt
Jun 16Star Bulk Carriers Is Fairly Priced, But Not Cheap (Rating Downgrade)
Jun 06Rainbows and Unicorns: Star Bulk Carriers Corp. (NASDAQ:SBLK) Analysts Just Became A Lot More Optimistic
May 31Star Bulk Carriers (NASDAQ:SBLK) Will Pay A Larger Dividend Than Last Year At $0.75
May 26An Intrinsic Calculation For Star Bulk Carriers Corp. (NASDAQ:SBLK) Suggests It's 32% Undervalued
May 21Returns On Capital Are Showing Encouraging Signs At Star Bulk Carriers (NASDAQ:SBLK)
May 02Star Bulk: Rich Dividend Yields As Market Volatility Remains
Apr 25Should You Think About Buying Star Bulk Carriers Corp. (NASDAQ:SBLK) Now?
Apr 17Star Bulk: Still A Great Way To Bet On A Robust Dry Bulk Market
Mar 20Star Bulk Carriers: 8% Yield, Outperforming In 2024
Feb 25Star Bulk Carriers Ended FY 2023 On A High Note
Feb 14Star Bulk Carriers Corp.'s (NASDAQ:SBLK) Subdued P/E Might Signal An Opportunity
Feb 09These 4 Measures Indicate That Star Bulk Carriers (NASDAQ:SBLK) Is Using Debt Extensively
Jan 25Star Bulk: Excellent Fleet, Attractive Value, And Macro Tailwinds
Jan 21Is There An Opportunity With Star Bulk Carriers Corp.'s (NASDAQ:SBLK) 50% Undervaluation?
Jan 05Returns At Star Bulk Carriers (NASDAQ:SBLK) Are On The Way Up
Dec 04Star Bulk Carriers' (NASDAQ:SBLK) Weak Earnings May Only Reveal A Part Of The Whole Picture
Nov 20Is Now An Opportune Moment To Examine Star Bulk Carriers Corp. (NASDAQ:SBLK)?
Nov 13Are Investors Undervaluing Star Bulk Carriers Corp. (NASDAQ:SBLK) By 48%?
Sep 30Here's Why Star Bulk Carriers (NASDAQ:SBLK) Has A Meaningful Debt Burden
Sep 15Star Bulk Carriers (NASDAQ:SBLK) Shareholders Will Want The ROCE Trajectory To Continue
Aug 22Need To Know: Analysts Just Made A Substantial Cut To Their Star Bulk Carriers Corp. (NASDAQ:SBLK) Estimates
Aug 06At US$18.17, Is It Time To Put Star Bulk Carriers Corp. (NASDAQ:SBLK) On Your Watch List?
Jul 29Is Star Bulk Carriers (NASDAQ:SBLK) A Risky Investment?
May 25Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Star Bulk Carriers makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 1,220 | 302 | 70 | 0 |
| 30 Jun 24 | 1,099 | 264 | 62 | 0 |
| 31 Mar 24 | 985 | 203 | 53 | 0 |
| 31 Dec 23 | 949 | 174 | 55 | 0 |
| 30 Sep 23 | 981 | 220 | 50 | 0 |
| 30 Jun 23 | 1,122 | 286 | 55 | 0 |
| 31 Mar 23 | 1,300 | 442 | 61 | 0 |
| 31 Dec 22 | 1,437 | 566 | 58 | 0 |
| 30 Sep 22 | 1,642 | 780 | 54 | 0 |
| 30 Jun 22 | 1,694 | 891 | 49 | 0 |
| 31 Mar 22 | 1,588 | 815 | 42 | 0 |
| 31 Dec 21 | 1,427 | 681 | 40 | 0 |
| 30 Sep 21 | 1,114 | 408 | 39 | 0 |
| 30 Jun 21 | 898 | 211 | 35 | 0 |
| 31 Mar 21 | 733 | 43 | 34 | 0 |
| 31 Dec 20 | 693 | 10 | 32 | 0 |
| 30 Sep 20 | 756 | 5 | 33 | 0 |
| 30 Jun 20 | 804 | -12 | 33 | 0 |
| 31 Mar 20 | 816 | -8 | 35 | 0 |
| 31 Dec 19 | 821 | -16 | 36 | 0 |
| 30 Sep 19 | 782 | -28 | 36 | 0 |
| 30 Jun 19 | 722 | -8 | 35 | 0 |
| 31 Mar 19 | 697 | 43 | 35 | 0 |
| 31 Dec 18 | 652 | 58 | 35 | 0 |
| 30 Sep 18 | 550 | 71 | 33 | 0 |
| 30 Jun 18 | 442 | 37 | 30 | 0 |
| 31 Mar 18 | 388 | 16 | 29 | 0 |
| 31 Dec 17 | 332 | -10 | 31 | 0 |
| 30 Sep 17 | 288 | -67 | 30 | 0 |
| 30 Jun 17 | 267 | -99 | 29 | 0 |
| 31 Mar 17 | 241 | -121 | 26 | 0 |
| 31 Dec 16 | 222 | -154 | 24 | 0 |
| 30 Sep 16 | 223 | -432 | 26 | 0 |
| 30 Jun 16 | 232 | -435 | 25 | 0 |
| 31 Mar 16 | 235 | -467 | 24 | 0 |
| 31 Dec 15 | 234 | -458 | 24 | 0 |
| 30 Sep 15 | 236 | -155 | 24 | 0 |
| 30 Jun 15 | 204 | -113 | 25 | 0 |
| 31 Mar 15 | 182 | -44 | 26 | 0 |
| 31 Dec 14 | 147 | -12 | 22 | 0 |
| 30 Sep 14 | 113 | 3 | 20 | 0 |
| 30 Jun 14 | 111 | 0 | 16 | 0 |
| 31 Mar 14 | 23 | -17 | 5 | 0 |
| 31 Dec 13 | 70 | 2 | 10 | 0 |
Quality Earnings: SBLK has a large one-off gain of $63.3M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: SBLK's current net profit margins (24.7%) are higher than last year (22.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SBLK has become profitable over the past 5 years, growing earnings by 25.9% per year.
Accelerating Growth: SBLK's earnings growth over the past year (37.5%) exceeds its 5-year average (25.9% per year).
Earnings vs Industry: SBLK earnings growth over the past year (37.5%) exceeded the Shipping industry 6.4%.
Return on Equity
High ROE: SBLK's Return on Equity (12%) is considered low.