SBLK Q2 2024 Earnings — Star Bulk Carriers Corp. Revenue & Financial Results | Market Cap Arena

SBLKStar Bulk Carriers Corp.

$3B

Q2 2024 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$353M+47.8% YoY

Gross Profit

$175M49.7% margin

Operating Income

$127M36.1% margin

Net Income

$106M30.1% margin

EPS (Diluted)

$0.93

QoQ Revenue Growth

+36.0%

Cash Flow

Operating Cash Flow

$138M

Free Cash Flow

$125M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.2B

Total Liabilities

$1.8B

Stockholders' Equity

$2.5B

Cash & Equivalents

$481M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$353M	$239M	+47.8%
Gross Profit	$175M	$100M	+74.8%
Operating Income	$127M	$57M	+122.0%
Net Income	$106M	$44M	+139.4%