SBLK Q1 2024 Earnings — Star Bulk Carriers Corp. Revenue & Financial Results | Market Cap Arena

SBLKStar Bulk Carriers Corp.

$3B

Q1 2024 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$259M+15.8% YoY

Gross Profit

$133M51.2% margin

Operating Income

$94M36.4% margin

Net Income

$75M28.9% margin

EPS (Diluted)

$0.89

QoQ Revenue Growth

-1.5%

Cash Flow

Operating Cash Flow

$114M

Free Cash Flow

$92M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$1.3B

Stockholders' Equity

$1.7B

Cash & Equivalents

$267M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$259M	$224M	+15.8%
Gross Profit	$133M	$80M	+66.5%
Operating Income	$94M	$59M	+58.9%
Net Income	$75M	$46M	+63.2%