SBLKStar Bulk Carriers Corp.

$3B

Q3 2024 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$344M+54.3% YoY

Gross Profit

$154M44.7% margin

Operating Income

$99M28.7% margin

Net Income

$81M23.6% margin

EPS (Diluted)

$0.69

QoQ Revenue Growth

-2.4%

Cash Flow

Operating Cash Flow

$138M

Free Cash Flow

$126M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$4.2B

Total Liabilities

$1.6B

Stockholders' Equity

$2.5B

Cash & Equivalents

$454M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$344M	$223M	+54.3%
Gross Profit	$154M	$90M	+71.5%
Operating Income	$99M	$62M	+58.5%
Net Income	$81M	$44M	+86.2%

SBLK Q3 2024 Earnings — Star Bulk Carriers Corp. Revenue & Financial Results | Market Cap Arena