Star Bulk Carriers Corp. (SBLK) Financial Ratios
21 years of historical data (2005–2025) · Industrials · Marine Shipping
EV/EBITDA
↑
11.62
↑+94% vs avg
5yr avg: 5.99
30Y Low2.1·High27.6
P/FCF
↑
14.37
↑+162% vs avg
5yr avg: 5.48
30Y Low1.2·High10.6
P/B Ratio
↓
1.25
↑+27% vs avg
5yr avg: 0.98
30Y Low0.1·High1.3
ROE
↓
3.4%
↑-82% vs avg
5yr avg: 18.5%
30Y Low-114%·High37%
Debt/EBITDA
↑
3.47
↑+34% vs avg
5yr avg: 2.59
30Y Low1.5·High20.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
SBLK Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Star Bulk Carriers Corp. trades at 36.3x earnings, 258% above its 5-year average of 10.1x, sitting at the 70th percentile of its historical range. Compared to the Industrials sector median P/E of 25.5x, the stock trades at a premium of 43%. On a free-cash-flow basis, the stock trades at 14.4x P/FCF, 162% above the 5-year average of 5.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.0B | $2.2B | $1.6B | $2.1B | $2.0B | $2.3B | $850M | $1.1B | $707M | $710M | $243M |
| Enterprise Value | $3.6B | $2.8B | $2.7B | $3.1B | $3.0B | $3.4B | $2.2B | $2.6B | $1.9B | $1.5B | $1.0B |
| P/E Ratio → | 36.33 | 26.33 | 5.34 | 12.15 | 3.48 | 3.38 | 88.30 | — | 12.03 | — | — |
| P/S Ratio | 2.90 | 2.13 | 1.28 | 2.22 | 1.37 | 1.61 | 1.23 | 1.35 | 1.08 | 2.14 | 1.09 |
| P/B Ratio | 1.25 | 0.91 | 0.65 | 1.27 | 0.98 | 1.11 | 0.55 | 0.72 | 0.46 | 0.65 | 0.23 |
| P/FCF | 14.37 | 10.56 | 3.94 | 6.62 | 2.65 | 3.61 | 8.63 | — | — | — | — |
| P/OCF | 10.27 | 7.54 | 3.48 | 6.26 | 2.56 | 3.00 | 4.98 | 12.51 | 4.18 | 8.77 | — |
P/E links to full P/E history page with 30-year chart
SBLK EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Star Bulk Carriers Corp.'s enterprise value stands at 11.6x EBITDA, 94% above its 5-year average of 6.0x. The Industrials sector median is 13.8x, placing the stock at a 16% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.68 | 2.10 | 3.31 | 2.07 | 2.41 | 3.20 | 3.13 | 2.98 | 4.46 | 4.56 |
| EV / EBITDA | 11.62 | 9.03 | 4.86 | 8.33 | 3.89 | 3.86 | 9.86 | 13.13 | 8.34 | 12.18 | — |
| EV / EBIT | 25.53 | 19.84 | 7.79 | 15.99 | 4.88 | 4.68 | 32.72 | 32.90 | 12.94 | 42.32 | — |
| EV / FCF | — | 13.28 | 6.44 | 9.89 | 3.99 | 5.40 | 22.54 | — | — | — | — |
SBLK Profitability
Margins and return-on-capital ratios measuring operating efficiency
Star Bulk Carriers Corp. earns an operating margin of 13.5%, above the Industrials sector average of 4.3%. Operating margins have compressed from 25.1% to 13.5% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 3.4% is modest, trailing the sector median of 8.2%. ROIC of 3.2% represents below-average returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 22.5% | 22.5% | 46.0% | 41.6% | 57.1% | 65.2% | 35.0% | 29.1% | 44.4% | 45.6% | 20.0% |
| Operating Margin | 13.5% | 13.5% | 30.3% | 25.1% | 42.3% | 51.8% | 12.1% | 9.0% | 20.2% | 11.7% | -49.2% |
| Net Profit Margin | 8.1% | 8.1% | 24.1% | 18.3% | 39.4% | 47.7% | 1.4% | -2.0% | 9.0% | -2.9% | -69.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 3.4% | 3.4% | 14.7% | 9.4% | 27.6% | 37.5% | 0.6% | -1.1% | 4.5% | -0.9% | -14.2% |
| ROA | 2.1% | 2.1% | 8.6% | 5.4% | 15.7% | 19.6% | 0.3% | -0.5% | 2.3% | -0.5% | -7.4% |
| ROIC | 3.2% | 3.2% | 9.3% | 6.3% | 14.6% | 18.1% | 2.1% | 1.9% | 4.3% | 1.6% | -4.4% |
| ROCE | 4.0% | 4.0% | 12.1% | 8.2% | 18.4% | 23.1% | 2.9% | 2.6% | 5.6% | 2.0% | -5.5% |
SBLK Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Star Bulk Carriers Corp. carries a Debt/EBITDA ratio of 3.5x, which is moderately leveraged (8% above the sector average of 3.2x). Net debt stands at $572M ($1.1B total debt minus $500M cash). Interest coverage of just 2.0x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.44 | 0.44 | 0.59 | 0.76 | 0.64 | 0.76 | 1.01 | 1.03 | 0.95 | 0.94 | 0.92 |
| Debt / EBITDA | 3.47 | 3.47 | 2.66 | 3.36 | 1.68 | 1.78 | 6.93 | 8.08 | 6.19 | 8.46 | — |
| Net Debt / Equity | — | 0.23 | 0.42 | 0.62 | 0.50 | 0.55 | 0.88 | 0.95 | 0.81 | 0.71 | 0.74 |
| Net Debt / EBITDA | 1.85 | 1.85 | 1.88 | 2.75 | 1.31 | 1.28 | 6.08 | 7.48 | 5.31 | 6.33 | — |
| Debt / FCF | — | 2.72 | 2.50 | 3.27 | 1.34 | 1.79 | 13.91 | — | — | — | — |
| Interest Coverage | 1.97 | 1.97 | 3.50 | 2.24 | 9.73 | 13.11 | 0.98 | 0.89 | 2.04 | 0.70 | -1.44 |
SBLK Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.78x means Star Bulk Carriers Corp. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has improved from 1.25x to 1.78x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.78 | 1.78 | 1.65 | 1.25 | 1.78 | 2.35 | 1.15 | 0.86 | 1.34 | 1.43 | 8.12 |
| Quick Ratio | 1.78 | 1.78 | 1.45 | 1.08 | 1.54 | 2.09 | 0.98 | 0.69 | 1.22 | 1.34 | 7.61 |
| Cash Ratio | 1.30 | 1.30 | 1.06 | 0.64 | 1.01 | 1.55 | 0.72 | 0.38 | 0.92 | 1.18 | 6.46 |
| Asset Turnover | — | 0.27 | 0.31 | 0.31 | 0.42 | 0.38 | 0.22 | 0.25 | 0.22 | 0.15 | 0.11 |
| Inventory Turnover | — | — | 8.69 | 8.89 | 9.18 | 6.62 | 9.53 | 11.39 | 13.20 | 9.34 | 12.22 |
| Days Sales Outstanding | — | — | 28.36 | 33.83 | 21.45 | 30.53 | 29.81 | 34.67 | 26.06 | 25.25 | 33.80 |
SBLK Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Star Bulk Carriers Corp. returns 4.4% to shareholders annually — split between a 1.1% dividend yield and 3.3% buyback yield. A payout ratio of 40.8% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 2.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.1% | 1.5% | 17.0% | 7.5% | 33.9% | 10.0% | 0.6% | 0.4% | — | — | — |
| Payout Ratio | 40.8% | 40.8% | 90.9% | 91.1% | 118.1% | 33.8% | 49.7% | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.8% | 3.8% | 18.7% | 8.2% | 28.7% | 29.6% | 1.1% | — | 8.3% | — | — |
| FCF Yield | 7.0% | 9.5% | 25.4% | 15.1% | 37.8% | 27.7% | 11.6% | — | — | — | — |
| Buyback Yield | 3.3% | 4.4% | 1.6% | 18.7% | 1.0% | 0.4% | 0.0% | 1.9% | 0.4% | 0.0% | 0.0% |
| Total Shareholder Yield | 4.4% | 6.0% | 18.6% | 26.2% | 34.9% | 10.5% | 0.6% | 2.3% | 0.4% | 0.0% | 0.0% |
| Shares Outstanding | — | $115M | $109M | $99M | $103M | $101M | $96M | $94M | $77M | $63M | $48M |
Peer Comparison
Compare SBLK with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 SBLKYou | $3B | 36.3 | 11.6 | 14.4 | 22.5% | 13.5% | 3.4% | 3.2% | 3.5 |
 GNK | $1B | -235.7 | 13.6 | — | 13.4% | 2.7% | -0.5% | 0.7% | 2.3 |
 SB | $713M | 23.3 | 8.5 | 11.8 | 35.9% | 25.1% | 4.6% | 4.1% | 4.2 |
 NMM | $2B | 7.5 | 5.4 | — | 64.5% | 29.1% | 8.9% | 6.1% | 3.2 |
 SHIP | $320M | 15.0 | 7.1 | 18.8 | 39.6% | 26.0% | 7.7% | 6.1% | 3.8 |
 CTRM | $89M | 2.6 | 6.5 | — | 29.7% | 2.3% | 2.6% | 0.2% | 6.4 |
 TOPS | $4M | 0.8 | 4.9 | 0.2 | 43.7% | 32.4% | 3.1% | 5.3% | 4.9 |
 EDRY | $61M | -14.2 | 12.3 | 11.4 | 12.3% | -2.2% | -4.1% | -0.5% | 8.9 |
 ESEA | $486M | 3.5 | 3.3 | 7.6 | 63.5% | 57.0% | 33.1% | 19.5% | 1.4 |
 STNG | $4B | 11.7 | 8.4 | 8.7 | 46.2% | 33.0% | 11.4% | 7.2% | 1.3 |
 INSW | $4B | 14.2 | 10.3 | 114.8 | 42.3% | 36.3% | 16.0% | 9.4% | 1.2 |
| Industrials Median | — | 25.5 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 21 years · Updated daily
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SBLK — Frequently Asked Questions
Quick answers to the most common questions about buying SBLK stock.
What is Star Bulk Carriers Corp.'s P/E ratio?
Star Bulk Carriers Corp.'s current P/E ratio is 36.3x. The historical average is 39.0x. This places it at the 70th percentile of its historical range.
What is Star Bulk Carriers Corp.'s EV/EBITDA?
Star Bulk Carriers Corp.'s current EV/EBITDA is 11.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.0x.
What is Star Bulk Carriers Corp.'s ROE?
Star Bulk Carriers Corp.'s return on equity (ROE) is 3.4%. The historical average is -3.2%.
Is SBLK stock overvalued?
Based on historical data, Star Bulk Carriers Corp. is trading at a P/E of 36.3x. This is at the 70th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Star Bulk Carriers Corp.'s dividend yield?
Star Bulk Carriers Corp.'s current dividend yield is 1.12% with a payout ratio of 40.8%.
What are Star Bulk Carriers Corp.'s profit margins?
Star Bulk Carriers Corp. has 22.5% gross margin and 13.5% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Star Bulk Carriers Corp. have?
Star Bulk Carriers Corp.'s Debt/EBITDA ratio is 3.5x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.