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NMM vs SBLK
Revenue, margins, valuation, and 5-year total return — side by side.
Marine Shipping
NMM vs SBLK — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Marine Shipping | Marine Shipping |
| Market Cap | $2.11B | $3.10B |
| Revenue (TTM) | $1.31B | $1.04B |
| Net Income (TTM) | $262M | $84M |
| Gross Margin | 56.7% | 33.0% |
| Operating Margin | 28.2% | 13.6% |
| Forward P/E | 4.9x | 8.0x |
| Total Debt | $1.42B | $1.07B |
| Cash & Equiv. | $270M | $500M |
NMM vs SBLK — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Navios Maritime Par… (NMM) | 100 | 1094.9 | +994.9% |
| Star Bulk Carriers … (SBLK) | 100 | 528.5 | +428.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NMM vs SBLK
Each card shows where this stock fits in a portfolio — not just who wins on paper.
NMM carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 3 yrs, beta 0.72, yield 0.3%
- Rev growth 2.1%, EPS growth -14.9%, 3Y rev CAGR 23.2%
- Lower volatility, beta 0.72, Low D/E 45.8%, current ratio 1.08x
SBLK is the clearest fit if your priority is long-term compounding and defensive.
- 8.8% 10Y total return vs NMM's 262.1%
- Beta 0.73, yield 1.1%, current ratio 1.78x
- 1.1% yield, vs NMM's 0.3%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 2.1% revenue growth vs SBLK's -17.6% | |
| Value | Lower P/E (4.9x vs 8.0x) | |
| Quality / Margins | 19.9% margin vs SBLK's 8.1% | |
| Stability / Safety | Beta 0.72 vs SBLK's 0.73 | |
| Dividends | 1.1% yield, vs NMM's 0.3% | |
| Momentum (1Y) | +106.6% vs SBLK's +83.4% | |
| Efficiency (ROA) | 4.4% ROA vs SBLK's 2.2%, ROIC 8.3% vs 3.2% |
NMM vs SBLK — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
NMM leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
NMM and SBLK operate at a comparable scale, with $1.3B and $1.0B in trailing revenue. NMM is the more profitable business, keeping 19.9% of every revenue dollar as net income compared to SBLK's 8.1%. On growth, NMM holds the edge at +1.8% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $1.3B | $1.0B |
| EBITDAEarnings before interest/tax | $693M | $311M |
| Net IncomeAfter-tax profit | $262M | $84M |
| Free Cash FlowCash after capex | $30M | $209M |
| Gross MarginGross profit ÷ Revenue | +56.7% | +33.0% |
| Operating MarginEBIT ÷ Revenue | +28.2% | +13.6% |
| Net MarginNet income ÷ Revenue | +19.9% | +8.1% |
| FCF MarginFCF ÷ Revenue | +2.3% | +20.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | +1.8% | -2.7% |
| EPS Growth (YoY)Latest quarter vs prior year | -40.6% | +58.3% |
Valuation Metrics
NMM leads this category, winning 5 of 5 comparable metrics.
Valuation Metrics
At 6.1x trailing earnings, NMM trades at a 83% valuation discount to SBLK's 36.8x P/E. On an enterprise value basis, NMM's 4.9x EV/EBITDA is more attractive than SBLK's 11.9x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $2.1B | $3.1B |
| Enterprise ValueMkt cap + debt − cash | $3.3B | $3.7B |
| Trailing P/EPrice ÷ TTM EPS | 6.11x | 36.85x |
| Forward P/EPrice ÷ next-FY EPS est. | 4.92x | 8.02x |
| PEG RatioP/E ÷ EPS growth rate | — | 0.75x |
| EV / EBITDAEnterprise value multiple | 4.93x | 11.90x |
| Price / SalesMarket cap ÷ Revenue | 1.58x | 2.98x |
| Price / BookPrice ÷ Book value/share | 0.71x | 1.27x |
| Price / FCFMarket cap ÷ FCF | — | 14.78x |
Profitability & Efficiency
NMM leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
NMM delivers a 8.1% return on equity — every $100 of shareholder capital generates $8 in annual profit, vs $3 for SBLK. SBLK carries lower financial leverage with a 0.44x debt-to-equity ratio, signaling a more conservative balance sheet compared to NMM's 0.46x. On the Piotroski fundamental quality scale (0–9), NMM scores 7/9 vs SBLK's 5/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +8.1% | +3.4% |
| ROA (TTM)Return on assets | +4.4% | +2.2% |
| ROICReturn on invested capital | +8.3% | +3.2% |
| ROCEReturn on capital employed | +9.0% | +4.0% |
| Piotroski ScoreFundamental quality 0–9 | 7 | 5 |
| Debt / EquityFinancial leverage | 0.46x | 0.44x |
| Net DebtTotal debt minus cash | $1.2B | $572M |
| Cash & Equiv.Liquid assets | $270M | $500M |
| Total DebtShort + long-term debt | $1.4B | $1.1B |
| Interest CoverageEBIT ÷ Interest expense | 2.78x | 2.08x |
Total Returns (Dividends Reinvested)
NMM leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in NMM five years ago would be worth $22,602 today (with dividends reinvested), compared to $19,702 for SBLK. Over the past 12 months, NMM leads with a +106.6% total return vs SBLK's +83.4%. The 3-year compound annual growth rate (CAGR) favors NMM at 48.0% vs SBLK's 17.2% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +42.6% | +40.8% |
| 1-Year ReturnPast 12 months | +106.6% | +83.4% |
| 3-Year ReturnCumulative with dividends | +224.2% | +61.1% |
| 5-Year ReturnCumulative with dividends | +126.0% | +97.0% |
| 10-Year ReturnCumulative with dividends | +262.1% | +875.7% |
| CAGR (3Y)Annualised 3-year return | +48.0% | +17.2% |
Risk & Volatility
Evenly matched — NMM and SBLK each lead in 1 of 2 comparable metrics.
Risk & Volatility
NMM is the less volatile stock with a 0.72 beta — it tends to amplify market swings less than SBLK's 0.73 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. SBLK currently trades 98.9% from its 52-week high vs NMM's 94.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.72x | 0.73x |
| 52-Week HighHighest price in past year | $77.90 | $27.20 |
| 52-Week LowLowest price in past year | $35.03 | $14.79 |
| % of 52W HighCurrent price vs 52-week peak | +94.0% | +98.9% |
| RSI (14)Momentum oscillator 0–100 | 67.9 | 71.6 |
| Avg Volume (50D)Average daily shares traded | 166K | 1.5M |
Analyst Outlook
Evenly matched — NMM and SBLK each lead in 1 of 2 comparable metrics.
Analyst Outlook
Wall Street rates NMM as "Hold" and SBLK as "Buy". Consensus price targets imply 16.0% upside for NMM (target: $85) vs 7.8% for SBLK (target: $29). For income investors, SBLK offers the higher dividend yield at 1.11% vs NMM's 0.28%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $85.00 | $29.00 |
| # AnalystsCovering analysts | 14 | 24 |
| Dividend YieldAnnual dividend ÷ price | +0.3% | +1.1% |
| Dividend StreakConsecutive years of raises | 3 | 0 |
| Dividend / ShareAnnual DPS | $0.20 | $0.30 |
| Buyback YieldShare repurchases ÷ mkt cap | +1.2% | +3.2% |
NMM leads in 4 of 6 categories — strongest in Income & Cash Flow and Valuation Metrics. 2 categories are tied.
NMM vs SBLK: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is NMM or SBLK a better buy right now?
For growth investors, Navios Maritime Partners L.
P. (NMM) is the stronger pick with 2. 1% revenue growth year-over-year, versus -17. 6% for Star Bulk Carriers Corp. (SBLK). Navios Maritime Partners L. P. (NMM) offers the better valuation at 6. 1x trailing P/E (4. 9x forward), making it the more compelling value choice. Analysts rate Star Bulk Carriers Corp. (SBLK) a "Buy" — based on 24 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — NMM or SBLK?
On trailing P/E, Navios Maritime Partners L.
P. (NMM) is the cheapest at 6. 1x versus Star Bulk Carriers Corp. at 36. 8x. On forward P/E, Navios Maritime Partners L. P. is actually cheaper at 4. 9x.
03Which is the better long-term investment — NMM or SBLK?
Over the past 5 years, Navios Maritime Partners L.
P. (NMM) delivered a total return of +126. 0%, compared to +97. 0% for Star Bulk Carriers Corp. (SBLK). Over 10 years, the gap is even starker: SBLK returned +875. 7% versus NMM's +262. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — NMM or SBLK?
By beta (market sensitivity over 5 years), Navios Maritime Partners L.
P. (NMM) is the lower-risk stock at 0. 72β versus Star Bulk Carriers Corp. 's 0. 73β — meaning SBLK is approximately 1% more volatile than NMM relative to the S&P 500. On balance sheet safety, Star Bulk Carriers Corp. (SBLK) carries a lower debt/equity ratio of 44% versus 46% for Navios Maritime Partners L. P. — giving it more financial flexibility in a downturn.
05Which is growing faster — NMM or SBLK?
By revenue growth (latest reported year), Navios Maritime Partners L.
P. (NMM) is pulling ahead at 2. 1% versus -17. 6% for Star Bulk Carriers Corp. (SBLK). On earnings-per-share growth, the picture is similar: Navios Maritime Partners L. P. grew EPS -14. 9% year-over-year, compared to -73. 9% for Star Bulk Carriers Corp.. Over a 3-year CAGR, NMM leads at 23. 2% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — NMM or SBLK?
Navios Maritime Partners L.
P. (NMM) is the more profitable company, earning 27. 5% net margin versus 8. 1% for Star Bulk Carriers Corp. — meaning it keeps 27. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NMM leads at 33. 6% versus 13. 5% for SBLK. At the gross margin level — before operating expenses — NMM leads at 66. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is NMM or SBLK more undervalued right now?
On forward earnings alone, Navios Maritime Partners L.
P. (NMM) trades at 4. 9x forward P/E versus 8. 0x for Star Bulk Carriers Corp. — 3. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for NMM: 16. 0% to $85. 00.
08Which pays a better dividend — NMM or SBLK?
All stocks in this comparison pay dividends.
Star Bulk Carriers Corp. (SBLK) offers the highest yield at 1. 1%, versus 0. 3% for Navios Maritime Partners L. P. (NMM).
09Is NMM or SBLK better for a retirement portfolio?
For long-horizon retirement investors, Star Bulk Carriers Corp.
(SBLK) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 73), 1. 1% yield, +875. 7% 10Y return). Both have compounded well over 10 years (SBLK: +875. 7%, NMM: +262. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between NMM and SBLK?
Both stocks operate in the Industrials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: NMM is a small-cap deep-value stock; SBLK is a small-cap quality compounder stock. SBLK pays a dividend while NMM does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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