SBLK Q4 2023 Earnings — Star Bulk Carriers Corp. Revenue & Financial Results | Market Cap Arena

SBLKStar Bulk Carriers Corp.

$3B

Q4 2023 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$263M-10.6% YoY

Gross Profit

$125M47.5% margin

Operating Income

$59M22.5% margin

Net Income

$40M15.1% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

+18.1%

Cash Flow

Operating Cash Flow

$83M

Free Cash Flow

$78M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$1.4B

Stockholders' Equity

$1.7B

Cash & Equivalents

$260M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$263M	$295M	-10.6%
Gross Profit	$125M	$149M	-16.2%
Operating Income	$59M	$89M	-33.3%
Net Income	$40M	$86M	-53.7%