Star Bulk Carriers Corp. (SBLK) quarterly cash flow statement — complete operating, investing & financing history
Star Bulk Carriers Corp. (SBLK) cash flow statement — 21-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 149.04M | 111.95M | 101.09M | 91.84M | 54.49M | 48.51M | 76.3M | 138M | 142.6M | 114.26M | 82.94M | 67.1M | 96.88M | 83.19M | 116.34M | 184.47M | 239.93M | 229.16M | 278.67M | 242.12M |
| Operating CF Margin % | 41.7% | 39.82% | 33.63% | 34.81% | 22.03% | 21.03% | 24.7% | 40.08% | 40.41% | 44.05% | 31.48% | 30.08% | 40.59% | 37.13% | 39.46% | 50.66% | 57.49% | 63.5% | 55.75% | 58.25% |
| Operating CF Growth % | 173.5% | 130.79% | 32.5% | -33.45% | -61.79% | -57.55% | -8% | 105.65% | 47.19% | 37.35% | -28.71% | -63.62% | -59.62% | -63.7% | -58.25% | -23.81% | 70.78% | 189.43% | 379.86% | 324.64% |
| Net Income | 144.95M | 58.53M | 65.15M | 18.52M | 39K | 462K | 42.45M | 81.27M | 106.08M | 74.86M | 39.71M | 43.66M | 44.32M | 45.88M | 85.8M | 109.69M | 200.15M | 170.36M | 300.15M | 220.41M |
| Depreciation & Amortization | 39.78M | 39.58M | 40.91M | 41.8M | 42.61M | 42.95M | 44.03M | 44.48M | 43.55M | 31.99M | 33.88M | 36.92M | 37.7M | 37.84M | 50.35M | 39.55M | 39.01M | 38.46M | 39.19M | 39.11M |
| Stock-Based Compensation | 0 | 1.87M | 4.12M | 7.25M | 4.81M | 1.62M | 5.06M | 7.55M | 3.56M | 2.16M | 8.18M | 6.34M | 2.91M | 3.45M | 5.09M | 11.91M | 10.25M | 1.23M | 1.66M | 6.1M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -96.84M | -14.67M | 1.19M | 0 | -4.37M | 15.47M | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -2.82M | 9.91M | 13.29M | 14.63M | 16.2M | -3.06M | 458K | -417K | -15.67M | -447K | 104.96M | 740K | 781K | -11.57M | 1.28M | 1.1M | -2.23M | 5.3M | 17.71M | 60.83M |
| Working Capital Changes | -32.87M | 2.06M | -22.39M | 9.64M | -9.16M | 6.53M | -15.7M | 5.1M | 5.09M | 5.7M | -6.95M | -5.88M | 9.97M | 7.6M | -21.8M | 6.75M | -7.24M | 13.79M | 23.14M | 0 |
| Change in Receivables | -35.18M | 6.32M | -11.29M | -2.11M | 10.52M | -1.39M | 6.2M | 5.41M | 21.84M | -95K | -3.86M | -8.09M | 9.71M | 13.58M | 5.41M | 3.31M | -6.61M | -5.76M | 47.8M | 0 |
| Change in Inventory | -11.36M | -11.24M | 9.07M | 12.18M | -4.67M | 9.05M | -482K | -3.38M | 610K | 5.18M | 8.88M | -11.87M | -1.15M | -1.58M | 5.13M | 8.05M | -13.66M | -8.93M | 19M | 0 |
| Change in Payables | 10.16M | 2.01M | 1.58M | 11.48M | -7.73M | 1.36M | -8.25M | 8.77M | -14.28M | 7.14M | -25.92M | 28.27M | 2.26M | 2.43M | -5.31M | 5.49M | -6.63M | 18.01M | -8.14M | 0 |
| Cash from Investing | -18.4M | 1.14M | -25.8M | 67.2M | 50.33M | 9.42M | 42.58M | 21.11M | 219.92M | 72.56M | 47.06M | 106.72M | 84.27M | -5.03M | -4M | 28.98M | -41.05M | -4.81M | -5.51M | -3.44M |
| Capital Expenditures | -78.99M | -19.96M | -58.17M | -10.72M | -7.77M | -7.32M | -7.39M | -12.21M | -13.44M | -22.05M | -5.24M | -3.91M | -3.38M | -5.39M | -6.13M | -6.9M | -5.95M | -6.41M | -5.42M | -3.95M |
| CapEx % of Revenue | 22.1% | 7.1% | 19.35% | 4.06% | 3.14% | 3.17% | 2.39% | 3.55% | 3.81% | 8.5% | 1.99% | 1.75% | 1.41% | 2.41% | 2.08% | 1.9% | 1.43% | 1.78% | 1.08% | 0.95% |
| Acquisitions | 60.09M | 19.79M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50.24M | 111.33M | 88.08M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 509.05K | 705K | 32.87M | 77.93M | 58.1M | 16.74M | 49.98M | 33.33M | 233.35M | 94.61M | 2.07M | -704.76K | -427.51K | 358K | 2.14M | 35.88M | -35.09M | 1.6M | -96.73K | 506.02K |
| Cash from Financing | 25M | -205.59M | -30.51M | -132.66M | -110.9M | -61.97M | -150.54M | -172.1M | -145.53M | -180.03M | -178.73M | -172.96M | -134.27M | -109.94M | -218.71M | -171.12M | -292.92M | -253.21M | -177.87M | -112.65M |
| Debt Issued (Net) | 89.18M | -126.33M | 5.6M | -120.14M | -55.66M | -31.42M | -73.57M | -69.44M | -57.11M | -141.9M | 209.04M | -128.24M | -91.67M | -40.29M | -94.63M | 953K | -114.59M | -52.76M | 0 | -42.99M |
| Equity Issued (Net) | -8.29M | -37.89M | -22.66M | -6.58M | -49.34M | -19.55M | -6.06M | -19.25M | 0 | 0 | -366.89M | 5.9K | -6.05M | -7M | -131.64K | -65.52K | -4.63M | 4.35M | -181.6K | -96.05K |
| Dividends Paid | -55.89M | -41.37M | -12.55M | -5.75M | -5.67M | -10.41M | -70.81M | -83.36M | -84.83M | -38M | -16.72M | -41.59M | -36.85M | -62.05M | -135.38M | -148.02M | -170.45M | -204.8M | -121.7M | -70.26M |
| Share Repurchases | -8.29M | -37.89M | -22.66M | -6.58M | -49.34M | -19.55M | -6.06M | -19.25M | 0 | 0 | -380.05M | 5.87K | -6.05M | -7M | -20.07M | 644.58K | -20.07M | 0 | 0 | 0 |
| Other Financing | 0 | -3 | -898K | -187K | -238K | -578K | -95K | -58K | -3.59M | -133K | -2.38M | -3.36M | -398K | -587K | 11.43M | -2.12M | -3.25M | 0 | -55.99M | 697.38K |
| Net Change in Cash | 155.85M | -92.5M | 44.78M | 26.39M | -6.08M | -4.04M | -31.66M | -13M | 216.99M | 6.79M | -40.57M | 864K | 46.88M | -31.78M | -106.37M | 42.34M | -94.04M | -28.86M | 101.6M | 126.87M |
| Free Cash Flow | 70.05M | 91.99M | 42.92M | 81.12M | 46.72M | 41.19M | 68.9M | 125.78M | 129.16M | 92.21M | 77.7M | 63.19M | 93.5M | 77.8M | 110.2M | 177.57M | 233.98M | 222.74M | 273.25M | 238.17M |
| FCF Margin % | 19.6% | 32.72% | 14.28% | 30.74% | 18.88% | 17.86% | 22.3% | 36.53% | 36.6% | 35.55% | 29.49% | 28.33% | 39.17% | 34.73% | 37.38% | 48.77% | 56.06% | 61.72% | 54.67% | 57.3% |
| FCF Growth % | 49.93% | 123.35% | -37.71% | -35.51% | -63.83% | -55.34% | -11.32% | 99.04% | 38.13% | 18.53% | -29.49% | -64.41% | -60.04% | -65.07% | -59.67% | -25.44% | 163.23% | 1452.75% | 466.6% | 416.61% |
| FCF per Share | 0.63 | 0.82 | 0.38 | 0.71 | 0.40 | 0.35 | 0.58 | 1.07 | 1.12 | 1.10 | 0.89 | 0.62 | 0.91 | 0.75 | 1.07 | 1.73 | 2.28 | 2.18 | 2.67 | 2.32 |
| FCF Conversion (FCF/Net Income) | 1.03x | 1.91x | 1.55x | 4.96x | 1397.26x | 105.00x | 1.80x | 1.70x | 1.34x | 1.53x | 2.09x | 1.54x | 2.19x | 1.81x | 1.36x | 1.68x | 1.20x | 1.35x | 0.93x | 1.10x |
| Interest Paid | 0 | 0 | 0 | 0 | 17.71M | 18.02M | 21.7M | 23.22M | 21.36M | 20.88M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |