Pyxis Tankers Inc.(PXS)Earnings, Financials & Key Ratios

PXS•NASDAQ

$4.56

$48M mkt cap·24.0× P/E·Price updated May 6, 2026

SectorIndustrials IndustryMarine Shipping Sub-IndustryOil and Product Tankers

AboutPyxis Tankers Inc. operates as a maritime transportation company with a focus on the tanker sector in the United States. Its fleet transports refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil, as well as other liquid bulk items, including vegetable oils and organic chemicals. As of March 31, 2022, the company operated a fleet of five tankers. Pyxis Tankers Inc. was incorporated in 2015 and is based in Maroussi, Greece.Show more

Revenue$39M-24.3%
EBITDA$14M-40.4%
Net Income$994K-92.3%
EPS (Diluted)0.19-79.1%
Gross Margin35.59%-35.1%
EBITDA Margin36.14%-21.2%
Operating Margin15.18%-53.2%
Net Margin2.55%-89.8%
ROE0.99%-92.3%
ROIC2.81%-67.5%
Debt/Equity0.86+1.5%
Interest Coverage1.02-61.6%

Technical→

PXS Key Insights

Pyxis Tankers Inc. (PXS) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓FCF machine: 33.1% free cash flow margin
✓Momentum leader: RS Rating 87 (top 13%)
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 12.4%
✓Good 3Y average ROE of 19.8%
✓Healthy 5Y average net margin of 14.1%

✗Weaknesses

✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

PXS Price & Volume

Pyxis Tankers Inc. (PXS) stock price & volume — 10-year historical chart

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PXS Growth Metrics

Pyxis Tankers Inc. (PXS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years1.62%

5 Years12.43%

3 Years-12.57%

TTM-24.35%

Profit CAGR

10 Years-11.83%

5 Years-

3 Years-57.97%

TTM-84.5%

EPS CAGR

10 Years-12.94%

5 Years-

3 Years-42.32%

TTM-74.87%

Return on Capital

10 Years3.44%

5 Years9.75%

3 Years14.33%

Last Year3.31%

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
STNGScorpio Tankers Inc.Direct Competitor	4.27B	82.56	11.74	-24.58%	36.7%	11.3%	0.19
ASCArdmore Shipping CorporationDirect Competitor	766.68M	18.79	21.35	-23.56%	13.22%	6.37%	0.20
TRMDTORM plcDirect Competitor	3.33B	32.91	5.17	2.55%	21.42%	12.91%	0.59
INSWInternational Seaways, Inc.Direct Competitor	4.24B	85.77	13.77	-11.38%	36.67%	16.02%	0.29
TKTeekay CorporationDirect Competitor	1.14B	13.62	9.59	-16.7%	7.95%	4.04%	0.03
DHTDHT Holdings, Inc.Product Competitor	3.05B	18.94	14.46	-13.04%	42.37%	19.28%	0.38
TNKTeekay Tankers Ltd.Product Competitor	2.76B	79.37	7.86	-22.58%	36.9%	17.18%	0.03
NATNordic American Tankers LimitedProduct Competitor	1.22B	5.77	26.23	-10.71%	0.68%	0.41%	0.53

Compare PXS vs Peers

Pyxis Tankers Inc. (PXS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs STNG

Most directly comparable listed peer for PXS.

Scale Benchmark

vs XOM

Larger-name benchmark to compare PXS against a more recognizable public peer.

Peer Set

Compare Top 5

vs STNG, ASC, TRMD, INSW

PXS Income Statement

Pyxis Tankers Inc. (PXS) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Sales/Revenue	29.83M	28.46M	27.75M	21.71M	25.34M	58.34M	45.47M	51.54M	38.99M
Revenue Growth %	-2.88%	-4.59%	-2.47%	-21.77%	16.72%	130.24%	-22.07%	13.36%	-24.35%
Cost of Goods Sold	21.47M	24.49M	23.2M	19.57M	26.94M	35.94M	18.36M	23.28M	25.11M
COGS % of Revenue	71.99%	86.05%	83.59%	90.12%	106.31%	61.6%	40.39%	45.16%	64.41%
Gross Profit	8.36M▲ 0%	3.97M▼ 52.5%	4.55M▲ 14.7%	2.15M▼ 52.9%	-1.6M▼ 174.6%	22.41M▲ 1500.4%	27.11M▲ 21.0%	28.27M▲ 4.3%	13.88M▼ 50.9%
Gross Margin %	28.01%	13.95%	16.41%	9.88%	-6.31%	38.4%	59.61%	54.84%	35.59%
Gross Profit Growth %	-25.59%	-52.47%	14.71%	-52.91%	-174.59%	1500.38%	20.97%	4.28%	-50.9%
Operating Expenses	10.7M	9.57M	4.33M	4.09M	4.52M	4.63M	-14.76M	11.54M	7.96M
OpEx % of Revenue	35.88%	33.62%	15.59%	18.82%	17.85%	7.93%	-32.47%	22.39%	20.42%
Selling, General & Admin	4.83M	4.05M	2.41M	2.38M	2.54M	2.51M	4.86M	4.64M	7.96M
SG&A % of Revenue	16.19%	14.25%	8.67%	10.95%	10.02%	4.3%	10.68%	9%	20.42%
Research & Development	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-
Other Operating Expenses	5.87M	2.18M	1.92M	1.71M	1.99M	2.12M	-19.62M	6.9M	0
Operating Income	-2.35M▲ 0%	-8.01M▼ 241.5%	228K▲ 102.8%	-2.27M▼ 1095.6%	-8.51M▼ 275.0%	17.31M▲ 303.4%	41.87M▲ 141.8%	16.72M▼ 60.1%	5.92M▼ 64.6%
Operating Margin %	-7.87%	-28.15%	0.82%	-10.46%	-33.59%	29.67%	92.08%	32.45%	15.18%
Operating Income Growth %	21.88%	-241.47%	102.85%	-1095.61%	-274.98%	303.38%	141.85%	-60.06%	-64.61%
EBITDA	3.29M	-2.38M	5.79M	2.4M	-3.21M	23.8M	47.76M	23.63M	14.09M
EBITDA Margin %	11.04%	-8.36%	20.86%	11.06%	-12.66%	40.79%	105.04%	45.84%	36.14%
EBITDA Growth %	9.76%	-172.19%	343.4%	-58.52%	-233.61%	841.77%	100.71%	-50.53%	-40.36%
D&A (Non-Cash Add-back)	5.64M	5.63M	5.56M	4.67M	5.3M	6.48M	5.89M	6.9M	8.17M
EBIT	-2.35M	-4.17M	-2.56M	-2.26M	-9.38M	17.83M	42.39M	18.77M	5.92M
Net Interest Income	-2.9M	-4.49M	-5.78M	-4.96M	-3.29M	-4.44M	-4.59M	-4.22M	-3.98M
Interest Income	0	0	0	0	0	0	1.24M	2.04M	1.79M
Interest Expense	2.74M	4.49M	5.78M	4.96M	3.29M	4.44M	5.83M	6.26M	5.77M
Other Income/Expense	-2.9M	-203K	-5.8M	-4.96M	-3.83M	-3.92M	-5.03M	-4.22M	-4.98M
Pretax Income	-5.24M▲ 0%	-8.21M▼ 56.7%	-8.33M▼ 1.4%	-6.9M▲ 17.2%	-12.34M▼ 78.8%	13.39M▲ 208.5%	36.84M▲ 175.1%	12.51M▼ 66.0%	935K▼ 92.5%
Pretax Margin %	-17.58%	-28.86%	-30.01%	-31.78%	-48.69%	22.95%	81.02%	24.27%	2.4%
Income Tax	0	0	0	0	0	0	0	0	0
Effective Tax Rate %	0%	0%	0%	0%	0%	0%	0%	0%	0%
Net Income	-5.24M▲ 0%	-8.21M▼ 56.7%	-14.11M▼ 71.7%	-11.54M▲ 18.2%	-15.62M▼ 35.4%	13.39M▲ 185.7%	37.04M▲ 176.6%	12.87M▼ 65.3%	994K▼ 92.3%
Net Margin %	-17.58%	-28.86%	-50.82%	-53.13%	-61.65%	22.95%	81.46%	24.97%	2.55%
Net Income Growth %	9.81%	-56.67%	-71.72%	18.21%	-35.43%	185.72%	176.56%	-65.26%	-92.28%
Net Income (Continuing)	-5.24M	-8.21M	-8.33M	-6.9M	-12.34M	13.39M	36.84M	12.51M	935K
Discontinued Operations	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	4.32M	6.29M	6.23M
EPS (Diluted)	-1.14▲ 0%	-1.57▼ 37.7%	-2.66▼ 69.4%	-1.82▲ 31.6%	-1.62▲ 11.0%	0.99▲ 161.1%	2.88▲ 190.9%	0.91▼ 68.4%	0.19▼ 79.1%
EPS Growth %	10.24%	-37.72%	-69.43%	31.58%	10.99%	161.11%	190.91%	-68.4%	-79.12%
EPS (Basic)	-1.14	-1.57	-2.66	-1.82	-1.63	1.18	3.39	0.91	0.19
Diluted Shares Outstanding	4.62M	5.22M	5.31M	6.35M	9.65M	12.64M	12.59M	10.52M	10.42M
Basic Shares Outstanding	4.62M	5.22M	5.31M	6.35M	9.6M	10.61M	10.7M	10.52M	10.42M
Dividend Payout Ratio	-	-	-	-	-	-	-	58.23%	-

PXS Balance Sheet

Pyxis Tankers Inc. (PXS) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Total Current Assets	3.9M	4.31M	17.23M	5.41M	19.1M	21.13M	60.88M	46.12M	56.65M
Cash & Short-Term Investments	1.69M	545K	1.44M	1.62M	6.18M	7.56M	54.54M	38.24M	53.55M
Cash Only	1.69M	545K	1.44M	1.62M	6.18M	7.56M	34.54M	21.24M	35.55M
Short-Term Investments	0	0	0	0	0	0	20M	17M	18M
Accounts Receivable	703K	2.58M	1.24M	2.97M	1.72M	11.08M	5.16M	5.29M	2.01M
Days Sales Outstanding	8.6	33.16	16.35	49.95	24.72	69.3	41.41	37.43	18.79
Inventory	1.02M	807K	501K	681K	1.57M	1.91M	957K	1.89M	536K
Days Inventory Outstanding	17.27	12.03	7.88	12.7	21.23	19.41	19.02	29.62	7.79
Other Current Assets	141K	255K	13.72M	0	9.45M	580K	226K	0	552K
Total Non-Current Assets	120.92M	112.31M	91.53M	87.78M	123.46M	117.85M	105.43M	142.76M	136.76M
Property, Plant & Equipment	115.77M	107.99M	87.51M	83.77M	119.72M	114.19M	101.94M	140.02M	133.32M
Fixed Asset Turnover	0.26x	0.26x	0.32x	0.26x	0.21x	0.51x	0.45x	0.37x	0.29x
Goodwill	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0
Long-Term Investments	4.86M	3.43M	3.2M	2.42M	2.82M	2.87M	1.8M	1.35M	1.35M
Other Non-Current Assets	285K	886K	826K	1.59M	912K	794K	1.7M	1.38M	2.09M
Total Assets	124.81M▲ 0%	116.62M▼ 6.6%	108.77M▼ 6.7%	93.19M▼ 14.3%	142.56M▲ 53.0%	138.98M▼ 2.5%	166.31M▲ 19.7%	188.88M▲ 13.6%	193.41M▲ 2.4%
Asset Turnover	0.24x	0.24x	0.26x	0.23x	0.18x	0.42x	0.27x	0.27x	0.20x
Asset Growth %	-4.53%	-6.57%	-6.73%	-14.32%	52.98%	-2.51%	19.67%	13.57%	2.4%
Total Current Liabilities	12.53M	13.54M	22.54M	8.3M	22.83M	12.56M	10.08M	12.25M	12.74M
Accounts Payable	2.29M	4.75M	4.54M	3.64M	3.08M	2.6M	1.7M	2.11M	1.5M
Days Payables Outstanding	38.98	70.75	71.4	67.94	41.78	26.45	33.69	33.04	21.73
Short-Term Debt	7.3M	4.33M	8.98M	3.25M	11.7M	5.83M	5.58M	7.56M	7.97M
Deferred Revenue (Current)	0	422K	1.42M	726K	0	2.13M	1.17M	111K	597K
Other Current Liabilities	0	3.4M	0	0	3M	0	0	973K	2.69M
Current Ratio	0.31x	0.32x	0.76x	0.65x	0.84x	1.68x	6.04x	3.76x	4.45x
Quick Ratio	0.23x	0.26x	0.74x	0.57x	0.77x	1.53x	5.94x	3.61x	4.40x
Cash Conversion Cycle	-13.11	-25.56	-47.17	-5.29	4.16	62.26	26.74	34.01	4.85
Total Non-Current Liabilities	64.13M	63.13M	54.23M	55.33M	70.88M	65.05M	55.37M	76.96M	79.28M
Long-Term Debt	64.13M	63.13M	54.23M	55.33M	70.88M	65.05M	55.37M	76.96M	79.28M
Capital Lease Obligations	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	0	0	0	0	0	0	0	0	0
Total Liabilities	76.66M	76.67M	76.77M	63.63M	93.71M	77.61M	65.45M	89.22M	92.02M
Total Debt	71.43M	67.46M	63.22M	58.59M	82.58M	70.88M	60.95M	84.52M	87.25M
Net Debt	69.74M	66.92M	61.78M	56.97M	76.39M	63.31M	26.41M	63.28M	51.69M
Debt / Equity	1.48x	1.69x	1.98x	1.98x	1.69x	1.15x	0.60x	0.85x	0.86x
Debt / EBITDA	21.68x	-	10.92x	24.40x	-	2.98x	1.28x	3.58x	6.19x
Net Debt / EBITDA	21.17x	-	10.67x	23.73x	-	2.66x	0.55x	2.68x	3.67x
Interest Coverage	-0.85x	-1.78x	0.04x	-0.46x	-2.59x	3.90x	7.18x	2.67x	1.02x
Total Equity	48.16M▲ 0%	39.94M▼ 17.1%	32M▼ 19.9%	29.56M▼ 7.6%	48.85M▲ 65.3%	61.37M▲ 25.6%	100.86M▲ 64.3%	99.66M▼ 1.2%	101.39M▲ 1.7%
Equity Growth %	-1.22%	-17.05%	-19.89%	-7.63%	65.27%	25.63%	64.34%	-1.18%	1.73%
Book Value per Share	10.43	7.65	6.02	4.66	5.06	4.86	8.01	9.47	9.73
Total Shareholders' Equity	48.16M	39.94M	32M	29.56M	48.85M	61.37M	96.54M	93.38M	95.16M
Common Stock	21K	21K	21K	22K	42K	42K	11K	11K	10K
Retained Earnings	-26.63M	-34.84M	-43.17M	-50.16M	-63.03M	-50.51M	-14.27M	-4.67M	-2.68M
Treasury Stock	0	0	0	0	0	0	0	0	0
Accumulated OCI	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	4.32M	6.29M	6.23M

PXS Cash Flow Statement

Pyxis Tankers Inc. (PXS) cash flow — operating, investing & free cash flow history

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25
Cash from Operations	3.68M	-2.2M	5.66M	-13.03M	-896K	8.27M	21.44M	18.85M	13.61M
Operating CF Margin %	12.33%	-7.74%	20.4%	-60.02%	-3.54%	14.18%	47.16%	36.56%	34.9%
Operating CF Growth %	-17.3%	-159.91%	356.97%	-330.17%	93.12%	1023.44%	159.15%	-12.11%	-27.79%
Net Income	-5.24M	-8.21M	-8.33M	-6.9M	-12.34M	13.39M	37.04M	12.87M	994K
Depreciation & Amortization	5.57M	5.5M	5.32M	4.42M	4.9M	6.1M	5.5M	7.52M	8.17M
Stock-Based Compensation	355K	0	0	0	0	0	0	63K	0
Deferred Taxes	0	0	0	0	0	0	0	0	0
Other Non-Cash Items	457K	-1.47M	2.98M	-324K	3.65M	-235K	-24.16M	-1.05M	1.41M
Working Capital Changes	2.54M	1.98M	5.69M	-10.22M	2.9M	-10.98M	3.06M	-560K	3.03M
Change in Receivables	747K	-1.9M	1.32M	571K	-1.06M	-8.87M	6.19M	-38K	3.77M
Change in Inventory	157K	209K	306K	-180K	-886K	-344K	954K	-932K	1.35M
Change in Payables	-858K	2.5M	-274K	-939K	-618K	-227K	-1.09M	538K	-633K
Cash from Investing	0	-99K	-517K	12.63M	-43.19M	4.95M	12.21M	-42.16M	-1.36M
Capital Expenditures	0	-99K	-517K	-567K	-43.19M	-3.56M	-32.01M	-45.16M	-698K
CapEx % of Revenue	-	0.35%	1.86%	2.61%	170.45%	6.09%	70.4%	87.62%	1.79%
Acquisitions	0	0	0	13.2M	0	8.51M	68.73M	0	341K
Investments	-	-	-	-	-	-	-	-	-
Other Investing	0	-99K	0	13.2M	12.63M	8.51M	-4.52M	3M	0
Cash from Financing	-2.77M	-187K	-4.17M	-739K	49.93M	-12.91M	-7.5M	9.57M	2.06M
Debt Issued (Net)	-6.96M	860K	-4.5M	-4.66M	22.52M	-12.03M	-10.26M	23.69M	2.53M
Equity Issued (Net)	1000K	315K	354K	1000K	1000K	0	-1000K	-1000K	-472K
Dividends Paid	0	0	0	-69K	-537K	-871K	-797K	-8.08M	0
Share Repurchases	0	0	0	-4.25M	0	-1K	-1.24M	-1.49M	-472K
Other Financing	-604K	-1.36M	-23K	-582K	-3.43M	-11K	4.8M	-4.56M	0
Net Change in Cash	910K▲ 0%	-2.49M▼ 373.5%	972K▲ 139.1%	-1.14M▼ 217.2%	5.84M▲ 612.5%	315K▼ 94.6%	26.15M▲ 8201.6%	-13.75M▼ 152.6%	14.31M▲ 204.1%
Free Cash Flow	3.68M▲ 0%	-2.3M▼ 162.6%	5.14M▲ 323.5%	-13.6M▼ 364.3%	-44.09M▼ 224.3%	4.72M▲ 110.7%	-10.57M▼ 324.0%	-26.32M▼ 149.1%	12.91M▲ 149.1%
FCF Margin %	12.33%	-8.09%	18.53%	-62.63%	-173.99%	8.09%	-23.24%	-51.06%	33.11%
FCF Growth %	-17.3%	-162.61%	323.46%	-364.33%	-224.26%	110.7%	-323.95%	-149.07%	149.06%
FCF per Share	0.80	-0.44	0.97	-2.14	-4.57	0.37	-0.84	-2.50	1.24
FCF Conversion (FCF/Net Income)	-0.70x	0.27x	-0.40x	1.13x	0.06x	0.62x	0.58x	1.46x	13.69x
Interest Paid	0	0	0	0	0	0	0	5.91M	0
Taxes Paid	0	0	0	0	0	0	0	0	0

PXS Key Ratios

Pyxis Tankers Inc. (PXS) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	-11.26%	-10.82%	-18.65%	-39.21%	-37.48%	-39.85%	24.3%	45.66%	12.83%	0.99%
Return on Invested Capital (ROIC)	-1.75%	-1.46%	-5.35%	0.17%	-1.89%	-6.03%	10.39%	24.93%	8.64%	2.81%
Gross Margin	36.56%	28.01%	13.95%	16.41%	9.88%	-6.31%	38.4%	59.61%	54.84%	35.59%
Net Margin	-18.93%	-17.58%	-28.86%	-50.82%	-53.13%	-61.65%	22.95%	81.46%	24.97%	2.55%
Debt / Equity	1.56x	1.48x	1.69x	1.98x	1.98x	1.69x	1.15x	0.60x	0.85x	0.86x
Interest Coverage	-1.13x	-0.85x	-1.78x	0.04x	-0.46x	-2.59x	3.90x	7.18x	2.67x	1.02x
FCF Conversion	-0.76x	-0.70x	0.27x	-0.40x	1.13x	0.06x	0.62x	0.58x	1.46x	13.69x
Revenue Growth	-7.5%	-2.88%	-4.59%	-2.47%	-21.77%	16.72%	130.24%	-22.07%	13.36%	-24.35%

PXS Frequently Asked Questions

Pyxis Tankers Inc. (PXS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Pyxis Tankers Inc. (PXS) reported $39.0M in revenue for fiscal year 2025. This represents a 84% increase from $21.1M in 2012.

Pyxis Tankers Inc. (PXS) saw revenue decline by 24.3% over the past year.

Yes, Pyxis Tankers Inc. (PXS) is profitable, generating $2.0M in net income for fiscal year 2025 (2.5% net margin).

Dividend & Returns

Pyxis Tankers Inc. (PXS) has a return on equity (ROE) of 1.0%. This is below average, suggesting room for improvement.

Pyxis Tankers Inc. (PXS) generated $12.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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Pyxis Tankers Inc. (PXS) financial analysis — history, returns, DCA and operating performance tools

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